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Home Collection Support & Resistance Spread High Low
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Spread High Low

The Spread High Low Indicator is a useful and popular free Forex indicator for MT4. It is designed to provide traders with an easy way to track spreads and quickly identify any changes in the spread. The indicator is easy to install and use, and can be a valuable tool for any Forex trader.

Trading Style

Beginner

Indicator Type

Breakout

Timeframe

Multi Timeframe

Platform

MT4

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Description

The Spread High Low Indicator is a free and popular Forex indicator for MT4 that is useful for measuring the spread between the high and low of a security. The indicator is displayed as a histogram and is plotted on the chart in a separate window. It will plot the difference between the high and the low of the security in a certain period of time. This indicator is especially useful for traders who are looking to identify the spread between the high and low of a security. The Spread High Low Indicator can be used by traders to measure the difference between the high and the low of a security. This indicator is especially useful for traders who are looking to identify the spread between the high and low of a security. It is also useful for traders who are looking to identify potential entry points and exit points in the market. The indicator can be used to identify potential entry and exit points based on the spread between the high and low of the security. The indicator is free and can be used by traders to identify potential entry and exit points in the 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:

  1. Download the indicator file (.ex4 or .mq4/.ex5 or .mq5) to your computer.

  2. Open the MT4/5 terminal and click on “File” in the top left corner.

  3. Select “Open Data Folder” from the dropdown menu.

  4. In the window that opens, double-click on the “MQL4/5” folder.

  5. Double-click on the “Indicators” folder.

  6. Drag and drop the indicator file from your computer into the “Indicators” folder.

  7. Close the data folder window and restart the MT4/5 terminal.

  8. 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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