The Info Label Indicator is a useful forex indicator that is compatible with the MetaTrader 4 (MT4) platform. This popular and free indicator provides traders with valuable information about their trades and can greatly assist in making informed decisions. With the Info Label Indicator, traders can easily monitor essential trade details such as current profit/loss, account balance, equity, and more. This indicator allows users to have a quick glance at their trading progress without the need to switch between different windows or charts. Using the Info Label Indicator is quite straightforward. Traders simply need to attach the indicator to their desired chart in MT4, and the labels containing the trade information will be automatically displayed. The indicator is fully customizable, allowing traders to choose the relevant information they wish to see on their labels and adjust their appearance as per their preferences. To sum up, the Info Label Indicator is an excellent tool for forex traders who seek to keep a close eye on their trades. Its simplicity, popularity, and free availability make it a must-have for any discerning trader using the MT4 platform.
MT4
Info Label
Info Label Indicator is a popular and useful forex indicator for MT4. This free indicator provides detailed information about a currency pair’s current market conditions. It displays crucial data such as price, spread, current trend, and trading session times. Users can benefit from the indicator’s simplicity and easily interpret the information to make informed trading decisions. With Info Label Indicator, traders can efficiently analyze forex markets and enhance their trading strategies.
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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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