The MA Gideon indicator is a popular and free forex indicator for MT4. It is useful for traders who want to identify the direction of the trend and also to identify potential entry and exit points. The MA Gideon indicator uses two moving averages: a fast one and a slow one. The fast MA is used to identify the short-term trend direction while the slow MA is used to identify the long-term trend direction. The indicator also has an alert feature which will alert traders when the fast MA crosses the slow MA. The indicator is very easy to use. All you have to do is install it on your MT4 platform and then select the two moving averages you want to use. Once the indicator is set up, it will automatically plot the two moving averages on your chart. The fast MA will be plotted in blue and the slow MA will be plotted in red. When the fast MA crosses the slow MA, it is a signal that the trend has changed direction.
MT4
MA Gideon
The MA Gideon Indicator for MT4 is a useful and popular free Forex indicator that helps traders to quickly identify the trend and find potential entry and exit points. This indicator uses a combination of moving averages and a custom algorithm to provide accurate and reliable signals. This makes it easy to identify when to enter and exit a position.
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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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