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Additionally, when you download MT4 or MT5 trading platform you also get some of the most popular indicators on your trading platform for free. What are MT4 add-ons? MT4 add-ons are also visual tools. They enable traders to customize their MT4 platform. By doing so, traders aim to make their trading platform fit into their trading needs. Additionally, when you download MT4 or MT5 trading platforms you also get some of the most popular indicators on your trading platform for free. What are MT4 add-ons? MT4 add-ons are also visual tools. They enable traders to customize their MT4 platform. By doing so, traders aim to make their trading platform fit into their trading needs. Jan 28, 2020 · It’s not magical like a crystal ball. The indicators take extensive statistics and probability and visualize them on easy to read add-ons to your MT4 charts. Installing indicators on MT4 comes down to: Downloading the files (.ex4 and .mq4 formats) Placing them in the MT4 “Indicators” Data Folder; Closing and re-starting your MT4 terminal MetaTrader 4 (MT4) is an online trading platform best-known for speculating on the forex market. Available for download on Mac, Windows, and mobile apps, it’s offered by most brokers in 2020. Here we’ll explain how to trade on the MetaTrader 4 system, as well as running through expert advisors (EAs), demo accounts, tutorials, and support. What is MT4? MetaTrader 4 (MT4) is a trading platform developed by MetaQuotes in 2005. Although it is most commonly associated with forex trading, MetaTrader 4 can be used to trade a range of markets including forex. MT4 is extremely popular due to the fact that it is highly customizable to your individual trading preferences.