The Candle Time and Spread Indicator for MT4 is a popular and useful tool for forex traders. This free indicator displays the remaining time for the current candle to close, as well as the current spread for the selected currency pair. Traders can use this indicator to better manage their trades by staying aware of the time remaining for the candle to close, helping them make informed decisions based on time-sensitive market movements. Additionally, monitoring the spread can be crucial for ensuring optimal entry and exit points to maximize profitability. To use the Candle Time and Spread Indicator, simply download and install it on your MT4 platform. The indicator will then display the relevant information on your charts, providing a visual aid for better decision-making in your forex trading.
MT4
Fxbay Macd
FXBay MACD Indicator is a popular and useful forex indicator for MT4. It is a free tool that helps traders identify trends and potential buy/sell signals in the market. The MACD is a technical analysis tool that shows the relationship between two moving averages. Traders can use this indicator to make informed decisions when trading forex.
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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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