The Max Moving Average is a powerful and popular free Forex indicator for MetaTrader 4 (MT4) trading platform. It is useful for finding the maximum or minimum of a given price series over a specified period of time. This indicator will help you identify potential entry and exit points in the market. With its easy to use and intuitive interface, the Max Moving Average is a great tool for traders of all skill levels. It is especially useful for trend trading strategies. The Max Moving Average indicator works by plotting a line on the chart which reflects the maximum or minimum of the price series over a given period of time. It can be used to identify potential support and resistance levels, as well as possible entry and exit points. The indicator can be adjusted to show different periods of time, as well as different types of price series. The indicator can also be used to identify potential trend reversals. With its easy to use and intuitive interface, the Max Moving Average is a great tool for traders of all skill levels.
MT4
Max Moving Average
The Max Moving Average is a powerful and popular free Forex indicator for MetaTrader 4 (MT4) trading platform. It is useful for finding the maximum or minimum of a given price series over a specified period of time. The Max Moving Average is a great tool for traders of all skill levels.
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Description
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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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