The Line Ask Bid Indicator is a useful and popular free Forex indicator that is available for the MT4 trading platform. It is designed to help traders quickly and easily identify the current price of a currency pair. The indicator uses a simple line graph to display the current Ask and Bid prices for a currency pair, so traders can quickly and easily identify the current market price. The indicator is very easy to use and is highly recommended for traders of all levels. The indicator works by displaying a line graph that shows the current Ask and Bid price of a currency pair. The Ask price is the price at which a trader is willing to buy a currency pair, while the Bid price is the price at which a trader is willing to sell a currency pair. The indicator also displays the spread between the Ask and Bid prices, which is the difference between the two prices. This information is essential for traders, as it helps them determine the current market price of a currency pair.
Line Ask Bid
The Line Ask Bid Indicator for MT4 is a popular and easy-to-use indicator that helps traders to quickly identify the current market sentiment and spot potential trading opportunities. The indicator shows the current bid and ask prices for a given currency pair in an easy-to-read line graph, allowing traders to instantly see potential buy and sell opportunities. With its simple yet powerful design, the Line Ask Bid Indicator is an invaluable tool for any Forex trader.
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Category: Support & Resistance
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.