The Candle Wicks Display Mod Indicator is a useful tool for forex traders using MT4. This popular indicator is free to download and can help traders analyze market trends more effectively. This indicator works by displaying candle wicks on your chart, making it easier to identify price movements and patterns. By providing a clearer visualization of market dynamics, traders can make more informed decisions when entering and exiting trades. To use the Candle Wicks Display Mod Indicator, simply install it in your MT4 platform and apply it to your chart. The indicator will then show the length and direction of candle wicks, giving you a better understanding of market volatility and sentiment. With this valuable tool at your disposal, you can enhance your trading strategy and improve your overall performance in the forex market.
MT4
Candle Wicks Display Mod
Candle Wicks Display Mod Indicator is a useful forex indicator for MT4 that displays candle wicks in a clear and easy-to-read format. It is popular among traders for its simplicity and effectiveness in analyzing price action. The indicator is free to use and helps traders identify key support and resistance levels. Simply add it to your chart and start analyzing candlestick patterns with ease.
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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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