Candle Gain Candle Loss Indicator suitable for MT4 use. [tags:title] helps to identify potential trading opportunities in different time frames. In addition Candle Gain Candle Loss has been designed with ease of use in mind, providing a simple and intuitive interface suitable for both novice and experienced Forex 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 the Candle Gain Candle Loss Indicator in MetaTrader 4
- Unzip the downloaded Candle Gain Candle Loss Indicator file.
- Open MetaTrader 4, go to the “File” menu, and select “Open Data Folder”.
- Navigate to the MQL4 folder, then open the Indicators folder.
- Paste the unzipped Candle Gain Candle Loss Indicator files into the Indicators folder.
- Restart MetaTrader 4 or refresh the indicators list by right-clicking in the “Navigator” window and selecting “Refresh”.
- In MetaTrader 4, open the “Navigator” window (Ctrl+N) and find the Candle Gain Candle Loss Indicator under the “Indicators” section.
- Drag and drop the Candle Gain Candle Loss Indicator onto the chart of your choice.
- Adjust the indicator settings as needed and click “OK” to apply it to the chart.
