Candle Time and Spread Indicator for MT4 is a popular and useful tool for forex traders. It is a free indicator that provides real-time information on the remaining time of a candlestick and the current spread of a currency pair. This enables traders to make more informed decisions based on the timing of their trades and the liquidity of the market. The indicator works by displaying a countdown timer on each candlestick, showing traders how much time is left before the candle closes. This can be particularly helpful for traders who rely on specific time frames for their trading strategies. Additionally, the indicator also displays the current spread of the currency pair, giving traders insight into the cost of entering a trade. To use the Candle Time and Spread Indicator, simply download and install it on your MT4 platform. Once activated, you will see the timer and spread information displayed on your charts. This can help you time your trades more effectively and avoid entering trades with high spreads that could eat into your profits. Overall, this indicator is a valuable tool for forex traders looking to improve their trading decisions.
MT4
Brain Trend 2 Stop
Brain Trend 2 Stop Indicator is a popular and useful forex indicator for MT4 that is available for free. This indicator works by identifying market trends and providing entry and exit signals to help traders make informed decisions. It is easy to use and can be a valuable tool for both beginner and experienced forex traders.
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Category: Signal
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How to Install
How install MT4/5 indicator in the terminal?
To install an MT4/5 indicator in the terminal, follow these steps:
Download the indicator file (.ex4 or .mq4/.ex5 or .mq5) to your computer.
Open the MT4/5 terminal and click on “File” in the top left corner.
Select “Open Data Folder” from the dropdown menu.
In the window that opens, double-click on the “MQL4/5” folder.
Double-click on the “Indicators” folder.
Drag and drop the indicator file from your computer into the “Indicators” folder.
Close the data folder window and restart the MT4/5 terminal.
The indicator should now be available in the “Navigator” window on the left-hand side of the terminal. Simply double-click on the indicator to add it to a chart.
Note: If the indicator is in a .zip file, you will need to extract it first before following the above steps.
And if asks to confirm DLL?
If the indicator you are installing requires access to external Dynamic Link Libraries (DLLs), you may see a pop-up message asking you to confirm the use of DLLs.
DLLs are external libraries that contain code that can be used by other programs. In the case of MT4/5 indicators, they are often used to perform complex calculations or connect to external data sources.
If you trust the source of the indicator and want to use it, click “Yes” to confirm the use of DLLs. If you are not sure or do not trust the source, click “No” to cancel the installation.
It’s worth noting that some indicators may not work properly without access to their required DLLs. If you choose not to allow access to DLLs and the indicator does not work as expected, you may need to reinstall the indicator and confirm the use of DLLs to get it to work properly.
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