Candle Gain Candle Loss
Candle Gain Candle Loss MT4 indicator for multiple cycles.
Candle Gain Candle Loss MT4 (MetaTrader 4) indicator is a powerful tool for traders. The indicator helps to identify potential trading opportunities in different time frames.
The main features of the [tags:title] indicator include:
User-friendly interface: The indicator is designed with ease of use in mind, providing a simple and intuitive interface suitable for both novice and experienced traders.
- The indicator can calculate gain/loss in two modes: plain candlestick Close and Open difference, and as difference between current Close and previous Close.
- You can set minimum change limits (for pips and percentage), change modes, and you can also control font color of the output numbers. The indicator is available for MT4.
- Displays the gains and losses for all candles where the given threshold is surpassed. The values are calculated in points and percentage.
How to install Candle Gain Candle Loss Indicator in MetaTrader 4 Forex Trading Platform?
- Extract the downloaded Candle Gain Candle Loss Indicator.zip file.
- In the MetaTrader 4 trading platform, go to the “File” menu and click “Open Data Folder”.
- Navigate to the MQL4 folder and then open the Indicators folder.
- Copy the extracted Candle Gain Candle Loss Indicator files into the Indicators folder.
- Restart the MetaTrader 4 platform or refresh the indicators list by right-clicking in the “Navigator” window and selecting “Refresh”.
- In the MetaTrader 4 platform, open the “Navigator” window (Ctrl+N) and locate the Candle Gain Candle Loss Indicator under the “Indicators” section.
- Drag and drop the Candle Gain Candle Loss Indicator onto the chart where you want to apply it.
- Configure the indicator settings as needed and click “OK” to add it to the chart.
