"People have been emailing and baffled as to why they download indicators and try to install them in Metatrader MT4 and they don't work. The problem is that after Metaquotes released this upgrade to MT4 called build 600 or 604, 610 or whatever the current version is there is a different layout and file structure for where the data is now stored. It's now like MT5 in that the files are stored in a place on the C drive, user, appdata, roaming, Metaquotes, terminal and then a long series of useless numbers.
If you have MT4 installed from several different Forex brokers this could be beyond confusing because you have not idea while series of numbers corresponds to which broker. The solution here is to go to File, open data folder and that takes you right to the new place where you need to copy and paste the indicators.
If you are going to be involved in Forex trading and you are using Metatrader MT4 of MT5 this will help you to get rid of some of the frustration of having to deal with Metaquotes products."
If you have MT4 installed from several different Forex brokers this could be beyond confusing because you have not idea while series of numbers corresponds to which broker. The solution here is to go to File, open data folder and that takes you right to the new place where you need to copy and paste the indicators.
If you are going to be involved in Forex trading and you are using Metatrader MT4 of MT5 this will help you to get rid of some of the frustration of having to deal with Metaquotes products."
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