The Hull Moving Average Arrows Indicator is a popular and free Forex indicator for the MT4 trading platform. It is useful for both novice and experienced traders as it helps to identify potential entry and exit points for the market. The indicator is based on the Hull Moving Average, which is a combination of two moving averages and is designed to reduce lag. The Hull Moving Average Arrows Indicator uses the Hull Moving Average to generate buy and sell signals. When the price crosses above the Hull Moving Average, a buy signal is generated, and when the price crosses below the Hull Moving Average, a sell signal is generated. The indicator also includes a histogram which shows the difference between the two moving averages. The histogram is used to confirm the signals generated by the Hull Moving Average. By using the Hull Moving Average Arrows Indicator, traders can identify potential entry and exit points for the market and make more informed trading decisions. The indicator is easy to use and can be used in conjunction with other technical indicators for more accurate signals.
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Hull Moving Average Arrows
The Hull Moving Average Arrows Indicator is a popular and free Forex indicator for the MT4 trading platform.The indicator is easy to use and can be used by both experienced and beginner traders. The indicator plots arrows on the chart when the Hull Moving Average crosses the price, providing traders with a visual signal to enter or exit a trade. The indicator can be customized to suit individual trading styles, and it can be used in combination with other indicators for more accurate trading signals.
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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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