TMA Line Extreme Indicator

MT4 Free Download

How to install the TMA Line Extreme Indicator on your Metatrader 4 trading platform?

Download the indicator by clicking “LINK” button at the bottom of this post.
Copy and paste the TMA Line Extreme Indicator files into following folder of your Metatrader 4 (MT4) platform: MQL4 > Indicators.
You can gain access to the folders this way: File > Open Data Folder > MQL4 > Indicators (paste files here).
Restart your Metatrader 4 Client.
Select Chart and Timeframe where you want to test the indicator
Browse “Custom Indicators” in your Navigator that is located on the left in your Metatrader 4 platform.
Right click on tma-line-extreme-indicator.mq4 and than click “Attach to the chart”.
You can modify settings if you need and than click ok.
The indicator is ready and running on the chart.

In the archives you will find following Metatrader 4 files included:

tma-line-extreme-indicator.mq4
tma-line-extreme-indicator.ex4

Bottom Line

The TMA Line Extreme indicator is well worth adding to your trading collection. A good forex indicator will most probably enhance your chance of success. Nonetheless, remember about having realistic expectations. Just like any other technical analysis tool, is not capable of providing accurate signals 100% of the time. Thus, this forex indicator provides false signals occasionally. Its performance will vary significantly depending on market conditions. Feel free to develop your own trading system based around it.