The Time Modified Indicator is a popular and useful forex indicator for the MT4 platform. It is a free tool that helps traders effectively track the timing of their trades. This indicator works by modifying the time displayed on the chart to match the local time of the user, making it easier to analyze market movements and plan trades accordingly. It also allows traders to set custom time frames for different trading sessions and adjust the appearance of the indicator to suit their preferences. To use the Time Modified Indicator, simply download and install it on your MT4 platform. Once activated, you can easily customize the settings to display the time in a way that best suits your trading style. Overall, this indicator is a valuable resource for forex traders looking to optimize their timing strategies.
MT4
Time Modified
Time Modified Indicator is a useful Forex indicator for MT4 that is popular among traders for its ability to modify time periods on charts. This free indicator allows users to customize time frames and view historical data in different intervals. It is a valuable tool for analyzing market trends and making informed trading decisions.
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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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