The VQ MA Button is a useful and popular free Forex indicator for MT4. It is designed to help traders make better decisions when trading in the Forex market. This indicator uses Moving Averages (MA) to provide an overview of the market trend. It displays the MA line on the chart and shows the direction of the trend. The indicator also displays the current price and the points of the MA line. This helps traders to identify the entry and exit points of the market. The VQ MA Button indicator is easy to use. All you need to do is to attach the indicator to your chart and adjust the parameters. You can customize the MA line by changing the period, type, and price. You can also adjust the style of the line to make it easier to read. Once the parameters are set, the indicator will display the MA line on the chart. The indicator will also show the points of the MA line and the current price. This helps traders to identify the trend and make better decisions when trading. The indicator is free and easy to use, making it a popular choice among Forex traders.
MT4
VQ MA Button
The VQ MA Button is a useful and popular free Forex indicator for MetaTrader 4 (MT4) that makes it easy to identify the trend direction. It displays a colored button on the chart that changes color depending on the trend direction. The VQ MA Button is a great tool for any trader looking to quickly identify trend direction and take advantage of market opportunities.
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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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