The Candlesticks CW Indicator is a useful tool for forex traders using the MT4 platform. This popular indicator is free to download and can help traders identify market trends with ease. It works by displaying candlestick patterns on the chart, making it easier to spot potential entry and exit points. Traders can use this indicator to make informed decisions based on the patterns it displays, whether they are trading short or long-term. The Candlesticks CW Indicator is easy to use, making it suitable for traders of all levels of experience. Simply download and install the indicator on your MT4 platform, and start using it to enhance your trading strategy. Start using this forex indicator today and take your trading to the next level.
MT4
Candlesticks CW
Candlesticks CW Indicator is a popular and useful forex indicator for MT4. This free indicator helps traders analyze price action using candlestick patterns. By identifying key reversal patterns, traders can make more informed decisions when trading forex. Simply add the indicator to your chart and start analyzing candlestick patterns to enhance your trading strategy.
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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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