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Home Collection Trend Moving Averages
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Moving Averages

The 6 Moving Averages indicator is a popular and useful forex indicator for MT4. It is free to use and can help traders analyze market trends more effectively. This indicator works by calculating the average closing price over a specified period of time and displaying it as a line on the chart. Traders can use this information to make informed trading decisions.

Indicator Type

Leading

Platform

MT4

Trading Style

Short-term

Timeframe

Multi Timeframe

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Description

The Candle Time and Spread Indicator for MT4 is a popular and useful tool for forex traders. This indicator displays the time remaining for the current candle to close, as well as the current spread value. Traders can use this information to make more informed trading decisions, as they can see how much time is left before the candle closes and how wide the spread is at any given moment. The indicator is free to download and easy to use, making it a great addition to any trader’s toolkit. Simply install the indicator on your MT4 platform and it will automatically display the relevant information on your charts. With the Candle Time and Spread Indicator, traders can stay on top of market movements and react quickly to changes in price action.

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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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