The Jay’s Candle Display indicator is a free and popular Forex indicator for the MT4 platform. It is a useful and powerful tool for any trader looking to gain an edge in their trading. The indicator displays a range of candles for the selected time frame, allowing traders to quickly and easily identify trends and patterns in the market. The indicator is designed to help traders identify potential trading opportunities. It displays a range of candles for the selected time frame, from the current candle to the last candle, allowing traders to easily identify trends and patterns in the market. The indicator also displays the open, close, high and low of each candle, providing traders with a comprehensive view of the market. The indicator is easy to use and can be used in conjunction with other indicators. It is a great tool for identifying potential trading opportunities and can be used to confirm a trade setup. The indicator can be used to identify support and resistance levels, as well as potential entry and exit points.
MT4
Jays Candle Display
The Jays Candle Display Forex Indicator is a popular and free MT4 indicator, designed to help traders in the Forex market to easily identify setup patterns and trends. This useful indicator uses a combination of candlesticks to display a range of different colors and patterns, which can be used to identify potential trading opportunities. With its intuitive and easy to use interface, the Jays Candle Display Forex Indicator is a great tool for any trader looking to improve 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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