The MTF MA 4H Indicator is a free and popular Forex indicator for the MT4 platform. It is a useful tool for traders who want to identify the trend and take advantage of price movements. The indicator is based on the Moving Average (MA) and uses four different timeframes (4H, 1H, 30M and 15M) to analyze the market. The MTF MA 4H Indicator works by plotting the MA line on different timeframes, and then displaying the trend direction on the chart. This helps traders identify the direction of the trend and take advantage of it. The indicator also provides alerts for when the trend changes, allowing traders to stay ahead of the market. The indicator is easy to use and requires no additional setup. It can be used on any currency pair and timeframe. It is also customizable, allowing users to adjust the parameters to suit their trading style. It is free to download and easy to use, making it a popular choice among traders.
MT4
MA 4H Indicator
The MTF MA 4H Indicator is a useful and popular free Forex indicator for MT4. It displays the MA values of each time frame and the current trend direction. This indicator is easy to use and can be a great tool for traders looking for a reliable way to identify trend direction.
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Category: Trend
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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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