Supposing you have to switch between computers and you find yourself in an area where you have no access to your primary trading station: how do you accurately load all your indicators and tools with all settings that you have previously made? It would be a spot of bother for you if you had to do it all over again. This is where MT4 template files come to the rescue. If you have your template files stored in the cloud, you can easily call up your settings and apply them to the chart by loading a template file you have previously saved. All you need to accomplish this is to ensure your newly created template files are stored in the cloud or on a portable storage device.
Template files are also very handy when trading on a forex Virtual Private Server (VPS). Template files make it easy to replicate all your indicators and customized settings across all instances of the MT4 you may be trading on a forex VPS.
When you put the template files to use, you will immediately notice the difference they bring to your trading. They take away the added stress of setting up your indicators repeatedly, so you can focus your energies on the core aspect of trading.