The Candle Time and Spread Indicator for MT4 is a useful tool for forex traders looking to efficiently monitor market conditions. This popular indicator is free to download and can be easily integrated into your MT4 platform. This indicator displays the time left for the current candle to close, allowing traders to make informed decisions based on timeframes. Additionally, it also shows the current spread, providing valuable information on market liquidity and potential trading costs. To use the Candle Time and Spread Indicator, simply download and install it on your MT4 platform. Once activated, the indicator will appear on your chart, displaying real-time data on candle time and spread. This information can help traders time their entries and exits more effectively, enhancing overall trading performance.
MT4
Tangoline
Tangoline Indicator is a popular and useful forex indicator for MT4 that is available for free. It works by generating signals based on trend direction and momentum, helping traders make informed decisions. Users can apply the indicator to their trading charts and utilize the buy/sell signals to enter and exit trades. Its simplicity and accuracy make it a valuable tool for forex traders.
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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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