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Home Collection Helpers Multi Currency Symbols Chart
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Multi Currency Symbols Chart

The Multi Currency Symbols Chart indicator for MT4 displays multiple currency pairs below the chart. This indicator is a great tool for Forex traders that will help them make better decisions when trading multiple currency pairs. Try Now!

Platform

MT4

Timeframe

Multi Timeframe

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Description

As the name suggests, the Multi Currency Symbols Chart indicator for MT4 is a Forex indicator that displays different currency pairs below the main chart. This innovative tool enables traders to monitor and view the price movement of multiple pairs simultaneously on a single chart.

So, instead of opening multiple currency pairs on one chart or switching from one currency pair to another, traders can use the Multi-Currency Symbol Chart indicator to keep their chart organized. Hence, the indicator is recommended for scalpers and day/intraday traders to keep a tab on the changes in the market for better trading efficiency.

Features of the Multi Currency Symbols Chart Indicator

The indicator has a user-friendly interface, which makes it easy for beginners and experienced traders to incorporate into their charts. It displays candlesticks that provide users with real-time updates on the price movement of multiple currency pairs.

Furthermore, the indicator is flexible and allows selecting the currency pairs to be displayed. This enables users to monitor multiple price charts of interest for all chosen currency pairs.

Benefits of Using the Indicator

  • Real-Time Data: As earlier noted, the Multi Currency Symbols Chart indicator for MT4 helps Forex traders to keep a tab of multiple currency pains simultaneously. This enables traders to monitor changes in market structures and spot potential trading opportunities with less hassle.
  • Reduces Screen Clog: The indicator helps keep traders’ charts tidy, which makes it easier for better technical analysis.

Indicator Settings Description

The indicator comes with the following customizable settings:

Symbols: Determines the currency chart to display.

Timeframe: Determines the time frame of the currency chart.

BarsofSymbol: Defines the maximum number of candlesticks to display.

SpecialBars: Determines the spaces between each currency pair.

LblColor: Defines the color to display symbol text.

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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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