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Home Collection Helpers BID View
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BID View

The Bid View Forex Indicator is a popular and useful tool for traders on the MetaTrader 4 (MT4) platform. The indicator displays the current bid and ask prices of the currency pair, as well as the spread between them. With the Bid View indicator, traders can easily identify the best times to enter and exit the market.

Platform

MT4

Timeframe

Multi Timeframe

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Description

The Bid View Indicator is a useful and popular free Forex indicator for MT4. It is designed to give traders an edge in the Forex market by providing them with a visual representation of the bid and ask prices of any currency pair. The Bid View Indicator displays the bid and ask prices of a currency pair in a single window, allowing traders to easily compare the two prices and make informed decisions about their trades. The indicator works by displaying the bid and ask prices of a currency pair in a single window, allowing traders to quickly and easily compare the two prices. The indicator also displays the spread between the two prices, giving traders an idea of how much they need to pay to enter or exit a trade. In addition, the indicator also provides traders with the ability to set alerts when the bid and ask prices reach certain levels. This allows traders to stay informed of any changes in the market that may affect their trades. The indicator is also highly customizable and free to use, making it a popular choice among 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:

  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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