The Candle Time and Spread Indicator for MT4 is a popular and useful tool for forex traders looking to monitor market volatility and timing. This free indicator displays the remaining time for the current candle to close, as well as the current spread in pips. Traders can use this indicator to better understand market conditions and make more informed trading decisions. By keeping track of the time remaining for the candle to close, traders can anticipate potential market movements and adjust their strategies accordingly. Additionally, monitoring the spread can help traders identify potential entry and exit points for trades. To use the Candle Time and Spread Indicator, simply download and install it on your MT4 platform. Once activated, the indicator will display the necessary information on your chart, allowing you to easily track candle timing and spread fluctuations. Overall, the Candle Time and Spread Indicator is a valuable tool for forex traders, providing important insights into market dynamics and helping to optimize trading strategies.
MT4
R Volatility
R Volatility Indicator is a useful forex indicator for MT4 that is popular among traders for its accuracy in assessing market volatility. This free indicator measures the rate at which price moves up and down, providing valuable insights into potential market trends. Traders can use this information to make informed trading decisions and manage risk effectively.
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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:
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.
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