The Blau Jurik Eco Indicator for MT4 is a popular and free forex indicator that is useful for traders looking to identify trends in the market. This indicator uses a combination of two different Jurik Moving Averages, the Blau and the Jurik, to identify trends and possible entry points. The Blau Jurik Eco Indicator is designed to help traders identify the current trend of the market and identify potential entry and exit points. It takes into account the current market conditions and provides traders with a visual representation of the trend. The Blau Jurik Eco Indicator works by combining two different Jurik Moving Averages, the Blau and the Jurik, to identify trends and possible entry points. The Blau is a trend-following indicator that looks for price action that is above or below the current average. The Jurik is a momentum indicator that looks for a change in the current trend. When the two indicators are combined, they create a signal that can be used to identify potential entry and exit points. It is also free to download, making it a great choice for those looking to get started in the forex market.
MT4
Blau Jurik ECO
The Blau Jurik ECO Indicator is a useful and popular free Forex indicator for MT4. It helps traders identify and capitalize on trends in the market. It displays the trend direction and strength on the chart, allowing traders to make informed decisions. It is a great tool for any Forex trader looking to identify and capitalize on trends in 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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