The Hama Jurik MTF is a popular and useful forex indicator for the MT4 platform. It is a free indicator that helps traders identify trend changes and potential entry and exit points in the market. The indicator works by measuring the distance between price and a moving average, displaying it as a histogram on the chart. Traders can use the Hama Jurik MTF by looking for signals where the histogram crosses above or below the zero line, indicating a change in trend. Additionally, traders can use multiple timeframes to confirm signals and increase accuracy. Overall, the Hama Jurik MTF is a versatile and powerful tool for forex traders looking to improve their trading strategies. It is easy to use and can be a valuable asset in analyzing market movements and making informed trading decisions.
MT4
Hama Jurik
Hama Jurik MTF is a popular and useful free forex indicator for MT4. It utilizes multiple time frames to provide accurate and timely trading signals. Traders can use this indicator to identify trends and potential entry/exit points in the market. By combining the Jurik filter and Hama indicator, users can effectively analyze price movements and make informed trading decisions.
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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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