The Candle Time and Spread Indicator for MT4 is a useful forex tool that displays the remaining time for the current candle to close, as well as the current spread in real-time. This popular indicator is free to download and use on the MetaTrader 4 platform. Traders can easily monitor the time left before the current candlestick closes, helping them to make informed trading decisions based on the remaining time. Additionally, the indicator also displays the current spread, allowing traders to gauge market volatility and make adjustments to their trading strategy accordingly. Overall, the Candle Time and Spread Indicator for MT4 is a valuable tool for forex traders looking to enhance their trading experience and improve their profitability.
MT4
MACD Custom
The MACD Custom Indicator for MT4 is a useful forex tool that is popular among traders for its accuracy in predicting market trends. This free indicator works by analyzing the difference between two moving averages to provide buy and sell signals. Traders can use this indicator to make informed decisions in 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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