The Candle Movement Monitoring Indicator is a useful tool for forex traders using the MT4 platform. This popular and free indicator assists traders in monitoring candle movement and analyzing market trends efficiently. With its easy-to-use interface, traders can quickly identify key candle movements and patterns, allowing for informed decision-making. The indicator works by calculating and displaying real-time candlestick information, including open, high, low, and close prices, directly on the MT4 chart. Traders can customize the indicator’s settings to suit their specific trading strategies and preferences. It allows users to set their desired time frames and color schemes, enhancing visibility and clarity. To use the Candle Movement Monitoring Indicator, traders simply need to install it on their MT4 platform and attach it to the desired chart. The indicator will automatically scan and analyze each candle’s movement, providing valuable insights into market dynamics. With this reliable tool, traders can efficiently track candle patterns and identify potential entry and exit points, contributing to improved trading performance.
MT4
Candle Movement Monitoring
Candle Movement Monitoring Indicator is a useful forex indicator for MT4, popular among traders due to its free availability. This indicator accurately tracks and monitors candle movements, providing traders with valuable insights into trend reversals and market direction. Without any promotions, this description aims to provide an informative overview of the indicator, helping traders understand its functionality and how it can be effectively utilized in their forex trading strategies.
| Platform | |
|---|---|
| Timeframe |
0
People watching this product now!
Downloads - 56
Description
Reviews (0)
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.
Related products
Risk Reward Ratio
The Risk Reward Ratio indicator is a new and popular MT4 indicator used in forex trading. It works by analyzing the potential risk and reward of a trade and presenting the information in an easy-to-read format. The indicator displays the risk-reward ratio as a percentage, allowing traders to quickly assess the potential gains and losses of a trade before entering into it. With this valuable information, traders improve their trading strategies and minimize their risk in the forex market.
Br RSI Multi Signal Scanner
The BR RSI Multi Signal Scanner Indicator is a useful and popular free Forex indicator for MT4. This indicator is designed to help traders identify profitable trading opportunities in the Forex market by scanning multiple time frames and displaying the Relative Strength Index (RSI) in a single chart. The indicator also provides entry and exit signals based on the RSI readings.
Forex Factory Calendar
The Forex Factory Calendar Indicator (FFCal) is a popular and free indicator for MT4 that displays upcoming economic events on your chart. The indicator displays the event name, time and impact level on the chart, allowing traders to plan their trades accordingly. This is an invaluable tool for forex traders who want to keep track of important news releases that can affect market volatility. With the FFCal indicator, you can stay on top of important market events and make informed trading decisions, making it suitable for both beginners and experienced traders.
Average Daily Range Adr
The Average Daily Range (ADR) Indicator is a popular and free Forex indicator for the MT4 trading platform. It is a useful tool for traders as it helps them identify and take advantage of the range of price movements. The indicator shows the average daily range of a currency pair over a given period of time. This can be used to help traders identify entry and exit points for their trades. The indicator is easy to use and can be used to identify the volatility of a currency pair, as well as the potential for price movements. The ADR Indicator is a great way to take advantage of the market’s volatility and make more informed trading decisions.
Trend DashBoard
The Trend Dashboard Indicator is a powerful MT4 tool for forex traders who want to keep track of multiple currency pairs and timeframes on one chart. The indicator uses a dashboard to display the trend direction and strength for different currency pairs and timeframes. It also includes an alert feature that can notify traders of potential trading opportunities. With this indicator, traders can save time and stay on top of market trends, allowing them to make informed trading decisions.
Time Zone
The Time Zone Indicator is a new and popular forex indicator available for free on MT4 platform. This indicator is designed to help traders easily identify the time in different markets and time zones around the world. The indicator can display up to four different time zones on the chart and can be customized according to the user's preferences. The Time Zone Indicator is easy to install and use, making it a valuable tool for traders who need to keep track of market hours and trading sessions across different time zones.
P4l Candletime
The P4L CandleTime indicator is a popular tool for forex traders and is available for free on the MT4 platform. The P4L CandleTime indicator works by tracking and displaying the open and close of candles and can be configured to display different time frames depending on the trader's preference. It is a simple and effective tool that both beginners and experienced traders can use to improve their trading strategies.
B-Clock Modified
The modified b-clock indicator is a popular and useful MT4 tool for forex traders to help them determine the start and end of trading sessions. This indicator works by displaying the time remaining until the close of the current candle, which can be useful for traders who want to time their trades based on market activity during certain trading sessions. Due to its popularity in the forex trading community, this indicator has become an essential tool for many traders looking to gain an edge in the market.
Reviews
There are no reviews yet.