The DMX Jurik Histogram Indicator is a popular and useful free Forex indicator for MT4. It is a technical analysis tool that helps traders to identify and take advantage of price movements. The indicator uses a histogram to show the difference between two moving averages. The histogram changes color depending on the direction of the price, giving traders an easy way to identify potential buying and selling opportunities. The DMX Jurik Histogram Indicator works by comparing two moving averages, one of which is a slower-moving average and the other is a faster-moving average. When the faster-moving average is higher than the slower-moving average, the histogram will be green, indicating that the price is likely to rise. Conversely, when the faster-moving average is lower than the slower-moving average, the histogram will be red, indicating that the price is likely to fall. Overall, the DMX Jurik Histogram Indicator is a useful and popular free Forex indicator for MT4.
MT4
DMX Jurik Histogram
The DMX Jurik Histogram Indicator is a useful and popular free Forex indicator for the MT4 platform. It is based on the Jurik Moving Average (JMA) and uses a histogram to display the difference between two JMA lines. The histogram is used to indicate the trend direction and signal potential buy and sell opportunities. The indicator is easy to use and provides traders with a visual representation of the market.
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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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