The Candle Time and Spread Indicator for MT5 is a useful tool for forex traders looking to track the remaining time of a candle and the current spread in real-time. This popular indicator is free to download and easy to install on the MetaTrader 5 platform. This indicator works by displaying the remaining time of the current candle in a countdown format, allowing traders to quickly assess how much time is left before the candle closes. Additionally, it also shows the current spread, helping traders to make more informed decisions about their trades. To use the Candle Time and Spread Indicator, simply download and install it on your MT5 platform. Once activated, you will see the countdown timer and spread displayed on your chart. This can be particularly useful for scalpers and day traders who rely on precise timing and pricing information to execute their trades effectively. Overall, this indicator is a valuable tool for any forex trader looking to improve their trading performance.
MT5
SSL Channel Chart
SSL Channel Chart Indicator is a popular and useful forex indicator available for free on MT5. This indicator utilizes a SSL channel to visually represent market trends and identify potential entry and exit points. Traders can use this indicator to analyze market volatility and make informed trading decisions. Simply add the indicator to your chart to start utilizing its features.
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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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