The TMA CG Indicator is a useful free Forex indicator for MT4 that can be used to analyze the market. It is a popular indicator that is easy to use and provides traders with a lot of insights about the market. The TMA CG Indicator is based on the TMA (True Moving Average) indicator. It uses an algorithm to calculate the TMA line and then plots the TMA CG line. The TMA CG line is a smoothed version of the TMA line and is used to identify potential price reversals. The indicator also plots a histogram which shows the difference between the TMA CG line and the TMA line. The TMA CG Indicator is a great tool for traders who want to analyze the market and identify potential reversals.
MT4
TMA+CG Indicator
The TMACG Indicator is a popular and free Forex indicator for the MT4 trading platform. The indicator works by analyzing price action and momentum, and then displaying potential buy and sell signals on the chart. The TMACG Indicator is a great tool for traders looking to take advantage of the Forex market’s potential for profit.
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Category: Envelope Indicators
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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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