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Home Collection Stochastic Tmagi Indicator
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Tmagi Indicator

The TMAGI Forex Indicator for MT4 is a powerful and useful tool for traders of all levels. The indicator uses a combination of two moving averages to generate buy and sell signals, helping traders take advantage of short-term price movements. The TMAGI Forex Indicator for MT4 is a great choice for traders looking for a reliable and easy-to-use tool to help them maximize their trading profits.

Trading Style

Intraday

Indicator Type

Overbought & Oversold

Timeframe

D1-W1

,

H1-H4

,

M15-M30

Platform

MT4

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  • How to Install
Description

The TMAgi Indicator for MT4 is a powerful and useful tool for forex traders. It is one of the most popular and free indicators available for the MetaTrader 4 platform. The TMAgi Indicator is designed to help traders identify price movements in the forex market by using a combination of moving averages. The indicator uses a triple moving average (TMA) to generate signals so that traders can make informed decisions about when to enter and exit a position. The TMAgi Indicator is easy to use and understand. It plots a line on the chart that shows the average price of the currency pair over a certain period of time. The line is color-coded so that it is easy to identify the direction of the trend. The indicator also generates a signal when the price crosses the TMA line. This signal can be used to enter or exit a position. With the TMAgi Indicator, traders can easily identify price movements and make informed decisions about when to enter and exit a position.

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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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