The FXGaugeMAs Lite Indicator is a popular and useful free forex indicator designed for use with the MT4 platform. This indicator uses a combination of moving averages to provide traders with valuable insights into market trends and potential trade opportunities. The FXGaugeMAs Lite Indicator works by plotting multiple moving averages on the chart, which helps traders identify the direction of the trend and potential entry and exit points. Traders can use this information to make informed trading decisions and improve their overall trading strategy. To use the FXGaugeMAs Lite Indicator, simply download and install it on your MT4 platform. Once installed, the indicator will automatically plot the moving averages on your chart, giving you a visual representation of market trends. Traders can then use this information to execute trades with more confidence and precision.
MT4
I Fxgaugemas Lite
i-FXGaugeMAS Lite Indicator is a popular and useful forex indicator for MT4 that is available for free. This indicator works by analyzing market trends and providing visual signals to help traders make informed decisions. Traders can use this indicator to gauge market momentum and make more accurate 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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