The MA Same indicator is a useful and popular free Forex indicator for the MT4 trading platform. This indicator is designed to identify and display the same moving average on multiple time frames. It can be used to identify the same trend across different time frames, allowing traders to easily identify the same trend and use it to their advantage. The MA Same indicator works by plotting the same moving average on multiple time frames. This allows traders to easily identify the same trend across different time frames, helping them to make better trading decisions. The indicator also displays the current trend direction and strength, as well as the current trend strength in the current time frame. The indicator is free to download and use, making it a popular choice for traders looking for a reliable and effective indicator.
MT4
MA Same
The MA Same Forex indicator is a popular and free MT4 indicator that is useful for Forex traders. The indicator plots two moving averages on the same chart and uses the difference between the two to determine trend direction and strength. When the two moving averages are close together, it indicates a weak trend. It is a great tool for traders who want to quickly identify trends and make informed trading decisions.
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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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