The I-Gentor LSMA-EMA Indicator is a useful tool for forex traders using the MT4 platform. This popular indicator combines the Least Squares Moving Average (LSMA) and Exponential Moving Average (EMA) to provide traders with insights into market trends and potential entry/exit points. The indicator is free to download and easy to use, making it accessible for traders of all experience levels. It works by plotting a line on the chart that changes color based on market conditions, helping traders identify potential buy or sell signals. Traders can use this indicator to confirm trends, set stop-loss levels, and make informed trading decisions. Overall, the I-Gentor LSMA-EMA Indicator is a valuable tool for forex traders looking to enhance their trading strategies and improve their overall success in the market.
MT4
I Gentor Lsma EMA
I Gentor LSMA EMA Indicator is a useful forex indicator for MT4 that combines Least Squares Moving Average (LSMA) and Exponential Moving Average (EMA) to provide accurate trading signals. This popular and free indicator helps traders identify trends and make informed trading decisions. By plotting LSMA and EMA lines on the chart, users can easily spot entry and exit points for profitable trades.
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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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