The MA Profit Indicator is a useful and popular free Forex indicator for the MT4 trading platform. It is designed to help traders identify profitable entry and exit points in the Forex market, enabling them to maximize their profits. The MA Profit Indicator uses a combination of moving averages to determine the current trend and identify potential entry points. It displays the trend direction on the chart as a colored line, and also gives an alert when the trend changes. This makes it easy to spot entry points that are likely to be profitable. The MA Profit Indicator also includes support and resistance levels, as well as a signal line that can be used to identify when to enter or exit a trade. The signal line is based on a combination of moving averages and is designed to help traders identify potential entry points. Overall, the MA Profit Indicator is a powerful and easy to use Forex indicator.
MT4
MA Profit
The MA Profit Indicator is a useful and popular free Forex indicator for MT4. This indicator helps traders to identify profitable entry and exit points in the Forex market. It uses two moving averages and a crossover signal to give traders an edge in their trading. It is designed to be used in combination with other indicators and technical analysis tools to maximize accuracy and profitability.
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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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