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Home Collection Trend EMA Predictive 2
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EMA Predictive 2

The EMA Predictive 2 Indicator is a useful and popular Forex indicator for MT4. This free indicator can be used to help traders identify and capitalize on potential trading opportunities. The indicator plots the EMAs on the chart and then calculates the difference between them. With the EMA Predictive 2 Indicator, traders can easily identify and capitalize on potential trading opportunities.

Indicator Type

Leading

Trading Style

Intraday

,

Swing

Timeframe

D1-W1

,

H1-H4

Platform

MT4

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  • How to Install
Description

The EMA Predictive 2 Indicator is a powerful and useful Forex indicator for MT4. It is a popular indicator among traders as it helps them to identify potential trends in the Forex market. This free indicator is based on the Exponential Moving Average (EMA) and has been designed to predict future market movements. The EMA Predictive 2 Indicator works by calculating the current EMA and predicting the next EMA. It then plots the two EMAs on the chart, allowing traders to see the potential trend and decide whether it is a good time to enter or exit a trade. The indicator also provides traders with an indication of the strength of the trend. This can be seen by the spacing between the two EMAs. If the EMAs are close together, it means that the trend is weak and may not last for long. Overall, the EMA Predictive 2 Indicator is a useful and popular Forex indicator for MT4. It is free and easy to use, and can be a great tool for traders who are looking to identify potential trends in the market.

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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:

  1. Download the indicator file (.ex4 or .mq4/.ex5 or .mq5) to your computer.

  2. Open the MT4/5 terminal and click on “File” in the top left corner.

  3. Select “Open Data Folder” from the dropdown menu.

  4. In the window that opens, double-click on the “MQL4/5” folder.

  5. Double-click on the “Indicators” folder.

  6. Drag and drop the indicator file from your computer into the “Indicators” folder.

  7. Close the data folder window and restart the MT4/5 terminal.

  8. 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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