The Kijun Tenkan Cross Indicator is a useful Forex indicator designed for the popular MT4 platform. This free indicator is widely utilized by traders to identify potential market trends and generate profitable trading signals. Using a combination of the Kijun-sen and Tenkan-sen lines from the Ichimoku Kinko Hyo indicator, this tool plots visual signals on the chart, making it easier for traders to analyze price movements and make informed trading decisions. When the Tenkan-sen line crosses the Kijun-sen line from below, it generates a bullish signal, indicating a potential buying opportunity. Conversely, when the Tenkan-sen line crosses the Kijun-sen line from above, it generates a bearish signal, suggesting a potential selling opportunity. Traders can use this indicator to confirm or supplement their own trading strategies. With its user-friendly interface and accurate signals, the Kijun Tenkan Cross Indicator is a valuable tool for Forex traders. Whether you are a beginner or an experienced trader, this indicator can assist you in identifying profitable trading opportunities in the dynamic Forex market.
MT4
Kijun Tenkan Cross
The Kijun Tenkan Cross Indicator is a popular and useful Forex indicator for MT4. This free indicator helps traders analyze trends and signals potential buying or selling opportunities. By highlighting the intersections between the Kijun and Tenkan lines, it assists in identifying potential entry or exit points. With its clear visual display and customizable settings, this indicator proves to be an invaluable tool for Forex traders.
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Category: Signal
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Description
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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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