The Basket Viewer Indicator is a powerful and useful Forex indicator for MT4. It is a popular and free indicator that is used to view all open trades in a basket. It allows traders to quickly and easily view all their open positions in a single chart without having to switch between multiple charts. The Basket Viewer Indicator displays a basket of open trades in a single chart window. It also displays the total profit/loss, the total number of trades, the total amount of lots, and the total amount of pips. It also shows the average entry price and the average exit price for each trade. This allows traders to quickly assess the performance of their trading strategy and make adjustments if needed. It is also free and compatible with other indicators and Expert Advisors, making it one of the most popular and versatile indicators available for MT4.
MT4
Basket Viewer
The Basket Viewer Indicator is a useful tool for Forex traders who are using the MT4 platform. It provides traders with a graphical representation of their trading portfolio, making it easy to identify potential trading opportunities. With the Basket Viewer Indicator, traders can easily monitor the performance of their entire portfolio of currency pairs in one glance.
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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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