The Display Spread Symbol Indicator is a useful tool for forex traders using the popular MT4 platform. This free indicator displays the current spread directly on the trading chart, allowing traders to easily track this important metric in real time. The indicator is simple to use – just download and install it on your MT4 platform, and the spread information will be visible on your chart. This can be particularly helpful for forex traders who want to monitor spread fluctuations and make more informed trading decisions. Overall, the Display Spread Symbol Indicator is a valuable tool for any forex trader using MT4, providing a convenient way to keep track of spreads while trading. Its user-friendly interface and accurate display make it a popular choice among traders looking to improve their trading strategies.
MT4
Display Spread Symbol
Display Spread Symbol Indicator is a popular and useful forex indicator for MT4. It allows traders to easily view the spread of a specific currency pair directly on the chart. This free indicator is simple to use – just add it to your chart and the spread information will be displayed. Stay informed about the spread in real-time with Display Spread Symbol Indicator.
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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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