{"id":2052,"date":"2022-01-24T18:27:15","date_gmt":"2022-01-24T18:27:15","guid":{"rendered":"https:\/\/indicatorshub.com\/?page_id=2052"},"modified":"2022-02-16T12:31:32","modified_gmt":"2022-02-16T12:31:32","slug":"install-the-indicator-in-mt4","status":"publish","type":"page","link":"https:\/\/indicatorshub.com\/install-the-indicator-in-mt4\/","title":{"rendered":"How to install the indicator in MT4"},"content":{"rendered":"\n

Introduction<\/h2>\n\n\n\n

Metatrader 4 is a PC software used for trade executions, charting, and technical analysis purposes. In mt4, technical indicators help retail traders to make good decisions while trading.<\/p>\n\n\n\n

Like a simple moving average indicator will tell about the market trend. So you can make the decision using this indicator and trade with trend only or according to a specific strategy.<\/p>\n\n\n\n

Also, learn about the Renko Charts<\/a><\/p>\n\n\n\n

Procedure to install the indicator<\/h2>\n\n\n\n

Here is the guide to installing MT4 indicators in MetaTrader software in windows.<\/p>\n\n\n\n

Step 1: Download and copy the MT4 indicator<\/h3>\n\n\n\n

At the end of each article on our website, you will get a download link. A zip or .ex4 file will be downloaded to your browser by clicking the download link. This will be saved in the download folder on your PC by default.<\/p>\n\n\n\n

\"download<\/figure><\/div>\n\n\n\n

In the next step, copy the (.ex4) file by right click on the mouse. If you have downloaded the zip file, then extract the zip file and copy the (.ex4) file.<\/p>\n\n\n\n

Step 2: Open MT4 software<\/h3>\n\n\n\n

Now open the MetaTrader 4 software.<\/p>\n\n\n\n

You will see many options in the header in the top left corner. Click on the \u201cFile\u201d option, and a drop-down will open.<\/p>\n\n\n\n

\"file<\/figure><\/div>\n\n\n\n

From the drop-down, click the \u201cOpen Data Folder\u201d option.<\/p>\n\n\n\n

A new folder will open with many subfolders. Next, you will have to click on \u201cMQL4\u201d then click on \u201cIndicators.\u201d Now paste that file here and close the MetaTrader 4 software<\/a> and this folder.<\/p>\n\n\n\n

\"mql4<\/figure><\/div>\n\n\n\n
\"indicators<\/figure><\/div>\n\n\n\n

Step 3: add the indicator to the chart<\/h3>\n\n\n\n

Again, open the MetaTrader 4 software, and in the top left corner, press the \u201cview\u201d option and select the \u201cNavigator\u201d option.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

A side window will open, and then find your custom indicator and drag that indicator to the chart.<\/p>\n\n\n\n

Step 4: Allow DLL imports<\/h3>\n\n\n\n

When you drag the indicator to the chart, a separate window will open. Check the \u201cAllow DLL imports\u201d option in the common tab and press \u201cOk.\u201d<\/p>\n\n\n\n

\"allow<\/figure><\/div>\n\n\n\n

Now your indicator will be displayed on the chart.<\/p>\n\n\n\n

This is the complete guide for the installation of MT4 indicators<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

… Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"_links":{"self":[{"href":"https:\/\/indicatorshub.com\/wp-json\/wp\/v2\/pages\/2052"}],"collection":[{"href":"https:\/\/indicatorshub.com\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/indicatorshub.com\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/indicatorshub.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/indicatorshub.com\/wp-json\/wp\/v2\/comments?post=2052"}],"version-history":[{"count":2,"href":"https:\/\/indicatorshub.com\/wp-json\/wp\/v2\/pages\/2052\/revisions"}],"predecessor-version":[{"id":2113,"href":"https:\/\/indicatorshub.com\/wp-json\/wp\/v2\/pages\/2052\/revisions\/2113"}],"wp:attachment":[{"href":"https:\/\/indicatorshub.com\/wp-json\/wp\/v2\/media?parent=2052"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}