Four MAS Trend Indicator is a useful and popular free Forex indicator that is designed for the MT4 trading platform. This indicator is designed to identify trends in the Forex market. It uses four moving averages (MA) to identify the trend direction, as well as to measure the strength of the trend. The Four MAS Trend Indicator is a great tool for traders who want to quickly identify the trend and determine the strength of the current trend. The indicator uses four moving averages (MA) to determine the trend direction. The longer the MA period, the more reliable the trend signal. The shorter the MA period, the more sensitive the trend signal. The indicator also includes two additional lines, which are used to measure the strength of the trend. The first line is the trend strength line, which measures the strength of the trend. The second line is the divergence line, which measures the divergence between the two moving averages. This indicator is also useful for scalping, as it can help traders quickly identify potential entry and exit points.
MT4
Four Mas Trend
The Four MAS Trend Indicator is a useful and popular free Forex indicator for the MT4 platform. The indicator displays the values of four moving averages on one chart, allowing traders to quickly and easily identify the direction of the trend. It is a great tool for both novice and experienced traders alike.
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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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