The NR Moving Average Indicator is a useful tool for Forex traders who use the MT4 platform. This popular indicator is free to use and provides valuable insights into market trends. The indicator works by calculating the average of a specific number of past price points and plotting it on the chart. Traders can use the NR Moving Average Indicator to identify trends and potential entry and exit points for their trades. By analyzing the movement of the moving average line, traders can make informed decisions about when to buy or sell a currency pair. Overall, the NR Moving Average Indicator is a valuable tool for any Forex trader looking to improve their trading strategy.
MT4
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NR Moving Average
The NR Moving Average Indicator is a useful tool for forex traders looking to analyze trends in the market. This popular MT4 indicator is widely used by traders for its accuracy and ease of use. It is a free indicator that calculates moving averages based on recent price movements, helping traders make informed decisions about their trades.
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Category: Support & Resistance
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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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