MT4 and MT5 Indicators
In this article, we’ll show you how to install an Indicator for monitoring trade volume. The same steps are applicable to just about any Indicator.
In MT4
1. Click on File > Open Data Folder
2. Open MQL4 > Indicators
3. Copy the Indicator file into the Indicators folder. You may drag and drop the file or manually do CTRL+C, CTRL+V.
4. Close the folder and then restart MT4 (close and then reopen MT4).
5. From the Navigator, expand Indicators and look for the one that you wish to install. Double-click on it or drag-and-drop it into a chart. Click OK.
Done!
In MT5
The process is the same. Except in step no. 2, you’d open MQL5 instead of MQL4.