The Multi-Instrument Indicator is a useful and popular free Forex indicator for the MT4 trading platform. It is designed to provide traders with the ability to easily monitor a wide range of instruments on the same chart. The indicator displays all the instruments in the same window, allowing traders to quickly and easily compare prices and trends between them. The indicator includes a comprehensive range of features, including the ability to select instruments, display multiple timeframes, display a variety of technical indicators, and customize the chart’s appearance. It also includes a range of charting tools, such as trend lines, Fibonacci retracements, and support and resistance levels. The indicator also includes an alert system, which can be used to send notifications when certain conditions are met. The indicator is easy to use and includes a range of features, allowing traders to customize the chart to their own trading strategies.
MT4
Multi Instrument
The Multi Instrument Indicator is a useful and popular free indicator for Forex trading on the MT4 platform. It is designed to provide traders with a comprehensive view of the current market conditions by displaying multiple instruments in one window. It is a great tool for both experienced and novice traders who want to get a better understanding of 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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