The XMA v2.1 Indicator is a useful Forex trading tool for MetaTrader 4 (MT4) that helps traders identify and trade trend reversals. This popular free indicator is designed to detect price reversals in the forex market and is based on a combination of two moving averages. The indicator works by calculating the difference between the two moving averages and then displaying the result in the form of a histogram. The histogram can be used to identify potential entry and exit points in the market. The XMA v2.1 Indicator is a great tool for helping traders identify trend reversals in the market. The indicator works by displaying the difference between the two moving averages in a histogram. The histogram is color coded so that traders can quickly and easily identify potential entry and exit points in the market. The indicator also includes an alert system that can be used to notify traders when potential trading opportunities arise. The indicator is highly customizable and can be used to suit the individual trading style of any trader.
MT4
Xma V2 1
The XMA v2.1 forex indicator is a useful and popular MT4 tool that is free to download and use. The indicator works by displaying the moving averages on a chart and then comparing the current price to the moving average lines. The XMA v2.1 indicator is a great tool for forex traders of all levels and can help to improve their trading results.
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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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