The Lagurre Cross Indicator is a popular and useful Forex indicator for the MT4 trading platform. It is a free indicator that helps traders identify potential trading opportunities. The indicator is based on the difference between two moving averages. It signals a buy or sell opportunity when the faster moving average crosses over or under the slower moving average. The Lagurre Cross Indicator is easy to use and understand. It is designed to be used on any time frame and any currency pair. The indicator is composed of two lines, the faster moving average (blue line) and the slower moving average (red line). When the blue line crosses above the red line, it signals a buy opportunity. Conversely, when the blue line crosses below the red line, it signals a sell opportunity. By combining the Lagurre Cross Indicator with other technical indicators, traders can get a better understanding of the market and make more informed trading decisions.
MT4
Lagurre Cross
The Lagurre Cross MT4 Indicator is a useful and popular Forex indicator that is free to download and use. It works by combining the two moving averages of the price, the faster one and the slower one. The indicator is also customizable, allowing traders to adjust the settings according to their individual trading strategies.
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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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