and other tasks. One of the most popular indicator ismoving average, which shows the average price of a currency pair over a period of time. We won't cover the math behind its calculation in this guide — we just want to show you how to add an indicator to a chart and then remove ...
1.1. Editing the indicator header line Even if you feel lazy doing it right away, it is still obligatory to add the file description first. After some time it will help us to remember the purpose of the indicator. #property version "1.00" #property description "The indicator creates an ...
You will learn how to navigate MT4, Place and Adjust Trades, Add Indicators and Install Expert Advisors, Change Chart Layouts and SO MUCH MORE! 要求 Nothing, I will show you how to download the MT4 platform, just bring yourself and maybe a cup of tea! 描述 Hey! My name is Stacey, I...
Renko Trade Assistant – MT4 Indicator Renko trade assistant is a unique MT4 indicator which is used for Renko or Median Renko offline charts. Use this indicator to add to your Renko charts to quickly identify the key price reversal levels and also the Renko or Median Renko box size you are...
Now you know how to add sound alert to MT4 and you can go to the alert customization menu ("Alert Editor") by double-clicking it on the chart. See an example of an already customized notification (the actions required are listed below the picture): Action. The following actions can be ...
Let us look at the momentum indicator found in MT4 and how it can be profitably used. Momentum is calculated as a ratio of today’s price to the price several periods ago (MomPeriod): MOMENTUM = CLOSE of Current Bar / MomPeriod *100 ...
Adding Indicators: When you select an indicator, you will see a pop up window asking you to enter the indicator settings, which are usually set to a pre-set default settings. Drawing Tools: MT4 Chart Drawing Tools:To use the chart drawing tools, you can access them either via the default...
How to Install Forex Indicators on the MetaTrader Platform To use your chosen technical indicator, you need to add it to your chart. On the MetaTrader platform, go to the standard menu and click on the “insert” button. After that, click on the “Indicators” button to access the full ...
When you add a .mq5 file to MT5 and restart the terminal, a .ex5 file will automatically be created from your .mq5 file and your indicator will be ready to use. Can I Edit an .ex5 File Before I Install It? No. There are services/software out there that claim to be able to de...
When it is enabled, the MT4 will shift the chart a bit to the left to leave some space on the right side. I have highlighted that area in yellow. It is beneficial if you want to add some text or notes there, or maybe load an indicator which shows some useful information in that ...