The TMA Custom Line Indicator is a popular and useful forex indicator that can be used on the MT4 platform. This indicator is free to download and can help traders identify trends in the forex market. The TMA Custom Line Indicator works by plotting a moving average line that adjusts to market volatility, making it a dynamic tool for traders. This indicator can be used to determine entry and exit points, as well as to gauge the strength of a trend. To use the TMA Custom Line Indicator, simply download it onto your MT4 platform and apply it to your charts. The indicator will then display the moving average line, which can be used to make informed trading decisions. Overall, the TMA Custom Line Indicator is a valuable tool for forex traders looking to improve their trading strategies.
MT4
TMA Custom Line
TMA Custom Line Indicator is a useful forex indicator for MT4 that is popular among traders for its accuracy. It is a free indicator that helps identify market trends and potential entry/exit points. By using the TMA Custom Line Indicator, traders can make more informed decisions based on the market analysis it provides.
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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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