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Read MoreHow 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.
Its 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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