Combined MA Signal is a useful and popular free Forex indicator for MT4 (MetaTrader 4) platform. This indicator is designed to combine two Moving Averages (MA) into one indicator window, making it easier to spot the trend direction. The indicator also provides visual alerts when the two MA lines cross over, making it easier to identify entry and exit points. The Combined MA Signal indicator works by plotting two Moving Averages (MA) on the same chart. The MA lines are usually set to different periods, for example a 10-period and a 20-period MA. The indicator then plots a signal line when the two MA lines cross over, providing a visual alert when the trend changes. Traders can then use this signal line to identify potential entry and exit points. The indicator is free to download and available for MT4 (MetaTrader 4) platform.
MT4
Combined MA Signal
The Combined MA Signal Forex Indicator is a useful and popular MT4 indicator that is available for free. The Combined MA Signal indicator is based on two moving averages, the 5-period Exponential Moving Average (EMA) and the 10-period Simple Moving Average (SMA). It is easy to use and can be used in combination with other technical analysis indicators to help traders make more informed trading decisions.
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Category: Stochastic
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Description
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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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