The Candle Time and Spread Indicator for MT4 is a popular and useful tool for forex traders. This free indicator displays the time left for the current candle to close and also shows the current spread in pips. Traders can use this indicator to effectively manage their trades by keeping track of the time remaining for the candle to close, which can help in making timely trading decisions. Additionally, having visibility on the spread allows traders to assess the cost of entering a trade and adjust their strategies accordingly. The indicator is easy to use and can be added to the MT4 platform with just a few simple steps. It provides real-time information on candle time and spread, helping traders stay informed and make informed choices in their forex trading activities.
MT4
Heiken Ashi Exit
Heiken Ashi Exit is a popular and useful forex indicator for MT4 traders. It is a free tool that helps traders identify potential exit points based on Heiken Ashi candlesticks. By recognizing changes in trend patterns, traders can make more informed decisions on when to enter or exit trades. Simply apply the indicator to your charts and look for signals to guide 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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