The Candle Time and Spread Indicator for MT4 is a useful tool for forex traders, allowing them to easily keep track of the time remaining for a candle to close and the current spread. This popular indicator is available for free and can be easily installed on the MT4 platform. The indicator works by displaying a countdown timer for each candle, showing traders how much time is left before the current candle closes. This feature can be especially helpful for traders who rely on time-based trading strategies. Additionally, the indicator also shows the current spread, giving traders important information about the cost of entering a trade. To use the indicator, simply download and install it on your MT4 platform. Once it is activated, you will see the countdown timer and spread display on your chart. You can customize the settings to suit your trading preferences, such as adjusting the colors or font size. Overall, the Candle Time and Spread Indicator is a valuable tool for forex traders, providing essential information in a user-friendly format. Its simplicity and effectiveness make it a popular choice among traders looking to improve their trading decisions.
MT4
MACD All Time Frame Histogram
MACD All Time Frame Histogram Indicator is a useful forex indicator for MT4 that is popular among traders for its ability to provide valuable insight into market trends. This free indicator works by analyzing the moving average convergence divergence (MACD) indicator across multiple time frames, giving traders a comprehensive view of market momentum. Utilize this indicator to make informed trading decisions in the forex market.
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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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