The Price Time Indicator is a useful tool for forex traders using the MT4 platform. It is a popular indicator among traders because it helps to analyze price movements over time, allowing for better decision-making when entering or exiting trades. This indicator is free to download and easy to install on your MT4 platform. It works by plotting price levels on the chart over a specified period of time, making it easy to identify trend patterns and potential support and resistance levels. Traders can use this information to make informed decisions about when to enter or exit trades. To use the Price Time Indicator, simply add it to your chart and adjust the settings to your preference. You can customize the indicator to display different timeframes and price levels, helping you to better understand market movements and make more profitable trades.
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Price Time
Price Time Indicator is a useful free forex indicator for MT4. This popular indicator helps traders analyze price movements over time to make informed trading decisions. It works by plotting price levels against time frames, allowing users to identify key support and resistance levels. Traders can use this indicator to determine entry and exit points in their trades for improved accuracy.
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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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