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How to Display Indicator Names in MetaTrader 4: A Handy Guide for Traders

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As traders, we often find ourselves sharing snapshots of our charts with indicators attached. But how can we be absolutely sure that the indicator we see in the snapshot is the same one we're expecting?

When it comes to Expert Advisors (EAs), there’s a nice little feature that shows the EA’s name right in the top right corner of the chart. Unfortunately, indicators don’t come with that luxury. This can lead to some confusion, especially when we’re trying to analyze or share our trading setups.

But fear not! There’s a simple piece of code you can use to display the name of the indicator right on your chart. This little trick makes it easy to confirm which indicator you’re working with at any given time.

Not only does this ensure you know exactly what’s attached to your chart, but it can also help if you're checking different versions of the same indicator. By including the version in the name, you can quickly verify you’re using the right one for your analysis.

Here’s how to implement it:

  • Add the code snippet: Insert the provided code into your indicator's script.
  • Display the name: The indicator’s name will now show up on your chart, making it easier to reference in your trading discussions.
  • Version control: Don’t forget to include the version number if you’re working with multiple versions of the same indicator.

This simple addition can save you a lot of headaches down the line. So, next time you’re about to share your chart, you can do so with confidence, knowing exactly which indicators you're using!

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