Jay’s Candle Display indicator is a popular and useful tool for forex traders using the MT4 platform. This free indicator displays candlestick patterns in a user-friendly format, making it easy to analyze market trends and make informed trading decisions. The indicator works by highlighting different candlestick patterns such as doji, hammer, shooting star, and more. Traders can adjust the settings to suit their trading style and preferences. To use Jay’s Candle Display indicator, simply download and install it on your MT4 platform. Once activated, the indicator will automatically display candlestick patterns on your charts, helping you to easily identify potential entry and exit points. Overall, Jay’s Candle Display indicator is a valuable tool for forex traders looking to improve their trading strategies and make more informed decisions in the market.
MT4
![](https://www.mt4collection.com/wp-content/uploads/2024/04/Jays-Candle-Display-screenshot-1-230x144.png)
![](https://www.mt4collection.com/wp-content/uploads/2024/04/Jays-Candle-Display-screenshot-2-230x144.png)
![](https://www.mt4collection.com/wp-content/uploads/2024/04/Jays-Candle-Display-screenshot-4-230x144.png)
![](https://www.mt4collection.com/wp-content/uploads/2024/04/Jays-Candle-Display-screenshot-3-230x144.png)
Jays Candle Display indicator
Jay’s Candle Display Indicator is a popular and useful forex indicator for MT4 that displays candlestick patterns on your chart. It is a free tool that helps traders identify potential market reversals and trends. Simply add the indicator to your chart and watch as it highlights important candle patterns for you to make informed trading decisions.
Platform | |
---|---|
Timeframe |
0
People watching this product now!
Category: Helpers
Downloads - 5
Description
Reviews (0)
Be the first to review “Jays Candle Display indicator” 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
Trend Strength
The Trend Strength Indicator is a popular and free Forex MT4 indicator that helps traders determine the strength of a trend. It works by measuring the strength of a trend using a unique algorithm that takes into account different time frames. The indicator is available for use on the MT4 trading platform and is easy to use even for novice traders. It displays trend direction and trend strength with green and red bar charts. Use the trend strength indicator as a standalone indicator or combine it with other technical indicators to improve your trading strategies.
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.
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.
RSI Heatmap
The RSI Heatmap indicator is a new and popular forex indicator available for free on MT4. It uses the Relative Strength Index (RSI) to display a heat map that shows the overbought and oversold areas of multiple currency pairs at the same time. The heat map is color coded, making it easy to see which pairs are strong or weak in real time. It helps you take the guesswork out of identifying the most profitable currency pairs to trade by providing real-time information that you can influence.
Risk Management
The Risk Management Indicator is a popular and free MT4 Forex indicator that is useful for traders looking to manage their risk. This indicator helps traders to identify and set stop loss and take profit levels for their trades. The indicator works by monitoring the market and alerting traders when the stop loss or take profit levels are reached. The Risk Management Indicator is a popular and free MT4 Forex indicator that is easy to use and can help traders to manage their risk and protect their capital.
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.
Reviews
There are no reviews yet.