The Candle Time Spread Indicator for MT5 is a useful tool for forex traders looking to optimize their trading strategy. This popular indicator provides real-time information on the duration of each candle, helping traders make more informed decisions on when to enter or exit trades. This free indicator is easy to use, simply install it on your MT5 platform and it will display the remaining time left for each candle to close. This feature can be especially useful for scalpers and day traders who rely on precise timing to execute their trades. By having a clear view of the candle duration, traders can gauge market momentum and volatility, leading to more accurate trade decisions. Whether you are a beginner or an experienced trader, the Candle Time Spread Indicator can enhance your forex trading experience on MT5.
MT5
Candle Time Spread MTF
Candle Time Spread Indicator MT5 is a useful tool for forex traders, available for free on the popular MT5 platform. This indicator displays the time remaining until the current candle closes, helping traders make informed decisions based on time-sensitive data. Simply install the indicator on your MT5 platform and use it to monitor candle closing times for better trading accuracy.
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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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