The Marsi Trigger Indicator is a popular and free forex indicator for the MT4 platform. It is a useful tool for traders, as it helps to identify potential entry and exit points in the market. The indicator is based on the Marsi oscillator, which is designed to measure the momentum of a currency pair. It combines both trend and oscillator-based components, making it a powerful indicator for traders. The indicator plots a line on the chart which is used to identify when the momentum is strong and when it is weak. When the line is above the zero line, it indicates that the momentum is strong and when it is below the zero line, it indicates that the momentum is weak. The indicator also provides traders with entry and exit points, as well as other useful information. It is a great tool for traders who are looking to identify potential entry and exit points in the market.
MT4
Marsi Trigger
The Marsi Trigger Indicator is a popular and useful free Forex indicator for MT4. It helps traders to identify potential market entry and exit points by displaying a trigger line and histogram on the chart. This indicator is based on a complex algorithm that uses a combination of moving averages and other technical indicators to generate signals. With the Marsi Trigger Indicator, traders can easily identify when to enter and exit trades, and maximize their profits.
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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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