The Market Guru Indicator is a popular and free Forex indicator that can be used on the MetaTrader 4 (MT4) trading platform. It is a useful tool for traders who want to make informed decisions in the Forex markets. The Market Guru indicator uses technical analysis to identify potential trading opportunities and provides traders with a visual display of the current market conditions. The Market Guru Indicator is based on a combination of moving averages and price action. It uses a combination of short-term and long-term moving averages to identify potential trading opportunities. The indicator also includes a graphical display of the current trend and momentum of the market. This helps traders identify potential entry and exit points in the market. The Market Guru Indicator is easy to use and provides traders with a visual display of the current market conditions. It is a useful tool for traders who want to make informed decisions in the Forex markets.
MT4
Market Guru
The Market Guru Indicator is a powerful and useful tool for Forex traders. The Market Guru Indicator provides traders with an easy-to-read visual representation of the current market conditions. It displays the strength of the market, the direction of the trend, and the potential entry and exit points. It is a great tool for traders to quickly identify potential trading opportunities and make informed decisions. The Market Guru Indicator is an invaluable tool for any Forex trader and is a must-have for any serious trader.
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How to Install
How install MT4/5 indicator in the terminal?
To install an MT4/5 indicator in the terminal, follow these steps:
Download the indicator file (.ex4 or .mq4/.ex5 or .mq5) to your computer.
Open the MT4/5 terminal and click on “File” in the top left corner.
Select “Open Data Folder” from the dropdown menu.
In the window that opens, double-click on the “MQL4/5” folder.
Double-click on the “Indicators” folder.
Drag and drop the indicator file from your computer into the “Indicators” folder.
Close the data folder window and restart the MT4/5 terminal.
The indicator should now be available in the “Navigator” window on the left-hand side of the terminal. Simply double-click on the indicator to add it to a chart.
Note: If the indicator is in a .zip file, you will need to extract it first before following the above steps.
And if asks to confirm DLL?
If the indicator you are installing requires access to external Dynamic Link Libraries (DLLs), you may see a pop-up message asking you to confirm the use of DLLs.
DLLs are external libraries that contain code that can be used by other programs. In the case of MT4/5 indicators, they are often used to perform complex calculations or connect to external data sources.
If you trust the source of the indicator and want to use it, click “Yes” to confirm the use of DLLs. If you are not sure or do not trust the source, click “No” to cancel the installation.
It’s worth noting that some indicators may not work properly without access to their required DLLs. If you choose not to allow access to DLLs and the indicator does not work as expected, you may need to reinstall the indicator and confirm the use of DLLs to get it to work properly.
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