The Candle Wicks Display Mod Indicator is a useful tool for forex traders using MT4. This popular indicator is free to download and can help traders analyze market trends more effectively. This indicator works by displaying candle wicks on your chart, making it easier to identify price movements and patterns. By providing a clearer visualization of market dynamics, traders can make more informed decisions when entering and exiting trades. To use the Candle Wicks Display Mod Indicator, simply install it in your MT4 platform and apply it to your chart. The indicator will then show the length and direction of candle wicks, giving you a better understanding of market volatility and sentiment. With this valuable tool at your disposal, you can enhance your trading strategy and improve your overall performance in the forex market.
MT4
![](https://www.mt4collection.com/wp-content/uploads/2024/02/Candle-Wicks-Display-Mod-screenshot-1-230x144.png)
![](https://www.mt4collection.com/wp-content/uploads/2024/02/Candle-Wicks-Display-Mod-screenshot-2-230x144.png)
![](https://www.mt4collection.com/wp-content/uploads/2024/02/Candle-Wicks-Display-Mod-screenshot-4-230x144.png)
![](https://www.mt4collection.com/wp-content/uploads/2024/02/Candle-Wicks-Display-Mod-screenshot-3-230x144.png)
Candle Wicks Display Mod
Candle Wicks Display Mod Indicator is a useful forex indicator for MT4 that displays candle wicks in a clear and easy-to-read format. It is popular among traders for its simplicity and effectiveness in analyzing price action. The indicator is free to use and helps traders identify key support and resistance levels. Simply add it to your chart and start analyzing candlestick patterns with ease.
Platform | |
---|---|
Timeframe |
0
People watching this product now!
Category: Price Action
Downloads - 9
Description
Reviews (0)
Be the first to review “Candle Wicks Display Mod” Cancel reply
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
Position Size Calculator
The Position Size Calculator indicator is a new and popular tool for forex traders that can be downloaded for free on the MT4 platform. This helps traders determine the correct position size for their trades based on the account balance, risk tolerance and the currency pair they are trading. The indicator takes into account the stop loss level, pip value and currency pair volatility to ensure that traders do not risk more than they can afford to lose. It is an essential tool for both beginners and experienced traders who want to effectively manage their risks and maximize their potential profits.
Volume Weighted MA
Volume Weighted Moving Average (VWMA) is a popular, free and useful Forex indicator for the MT4 platform. This indicator plots the average of a security's volume-weighted price over a period. It does this by measuring the volume of an asset and comparing it to the price. By doing this, traders can see if there is strong buying or selling pressure in the market. The VWMA is a great tool for traders who want to determine the strength of a trend.
Trendline
The Trendline Indicator is a useful and popular free Forex indicator for MT4 platform. It is used to identify and draw trendlines on charts, which helps traders to identify and trade in the direction of the trend. The indicator works by automatically drawing trendlines on the chart when two or more points are connected. The Trendline Indicator is a great tool for any trader looking to gain an edge in the Forex markets.
Candlestick Pattern
The Candlestick Pattern Indicator is a popular and free forex indicator that identifies various candlestick patterns on charts. It is a new MT4 indicator that analyzes the charts and displays candlestick patterns such as Doji, Hammer, Shooting Star, and more. The indicator also shows the pattern's name and signal strength, making it easier for traders to make trading decisions. This indicator is an essential tool for both novice and experienced traders who want to trade using candlestick patterns.
Reviews
There are no reviews yet.