The Vinin EMA indicator is a popular and free Forex indicator for MT4. It is useful for traders who want to identify potential price reversals and take advantage of short-term trends. The indicator works by combining two Exponential Moving Averages (EMAs), the 34 EMA and the 55 EMA. The 34 EMA is used to identify short-term trends, while the 55 EMA is used to identify longer-term trends. When the two EMAs cross, it indicates a potential trend reversal. The Vinin EMA indicator is easy to use. All you need to do is add the indicator to your chart and it will automatically calculate the two EMAs and display a signal when they cross. The indicator also provides an alert when the two EMAs cross, so you don’t have to constantly monitor the chart. The indicator is also customizable, so you can adjust the EMAs to suit your trading style.
MT4
Vinin EMA
Vinin EMA is a popular and free Forex indicator for the MT4 platform. The indicator works by calculating the exponential moving average (EMA) of the price, and then plotting a line on the chart. With Vinin EMA, traders can easily identify potential entry and exit points 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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