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Home Collection Trend Firma Indicator
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Firma Indicator

The Firma Indicator is a useful and popular free Forex indicator for the MT4 trading platform. The indicator uses a combination of price action and trend analysis to determine potential entry and exit points. It is a great tool for both novice and experienced traders alike and is one of the most popular free Forex indicators available.

Trading Style

Intraday

,

Swing

Indicator Type

Non-repaint

Timeframe

Multi Timeframe

Platform

MT4

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  • How to Install
Description

The Firma Indicator is a popular and free Forex indicator for the MT4 platform. It is a useful tool for traders who want to gain an edge in their trading by analyzing the market and making informed decisions. The Firma Indicator provides traders with a comprehensive overview of the market, allowing them to identify potential trading opportunities. It uses a combination of technical indicators such as Moving Averages, Relative Strength Index (RSI), and Stochastic Oscillator to provide traders with a comprehensive view of the market. The indicator also features a wide range of customizable settings, allowing traders to tailor the indicator to their individual trading needs. The indicator is easy to install and use, and features a wide range of customizable settings, allowing traders to tailor the indicator to their individual trading needs.

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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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