The Paradox MA Crossover Indicator is a useful and popular Forex indicator for MT4 trading platforms. It is a free indicator that helps traders identify trend reversals and entry points. The indicator works by combining two moving averages and displaying a signal when the two cross. When the faster moving average crosses above the slower one, it signals a buy. Conversely, when the faster moving average crosses below the slower one, it signals a sell. The indicator also includes alerts to notify traders when the moving averages cross.The Paradox MA Crossover Indicator is easy to use and understand. The indicator displays two lines on the chart, one representing the faster moving average and one representing the slower moving average. When the two lines cross, it is a signal to either buy or sell. The indicator also includes an optional alert that will notify traders when the moving averages cross. The indicator is free and available for MT4 trading platforms.
MT4
Paradox MA Crossover
The Paradox MA Crossover Indicator is a useful and popular free Forex indicator for MT4. The indicator works by recognizing when two moving average lines – one fast and one slow – cross over each other. With its simple and intuitive design, the Paradox MA Crossover Indicator is a great tool for any Forex trader.
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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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