The Williams AD MA Indicator is a popular and useful free Forex indicator available for the MT4 trading platform. Developed by Larry Williams, the indicator is designed to help traders identify trends and make better trading decisions. The Williams AD MA Indicator combines the Accumulation/Distribution (AD) and Moving Average (MA) indicators into one indicator. The Accumulation/Distribution Indicator is used to identify the strength of a trend. It does this by measuring the amount of money flowing into and out of a security. If money is flowing in, it indicates a bullish trend, while money flowing out indicates a bearish trend. The Moving Average Indicator is used to identify the direction of a trend. It does this by averaging the closing prices of a security over a given period of time. If the price is above the average, it indicates an uptrend, while a price below the average indicates a downtrend. The Williams AD MA Indicator is a great tool for traders looking to identify trends and make better trading decisions. It is free, easy to use, and available for the MT4 trading platform.
MT4
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Williams Ad Ma
The Williams AD MA Indicator is a popular and free Forex indicator for MetaTrader 4 (MT4) that is useful for any trader. It is based on the ADX and Moving Average indicators and is designed to identify trend direction and strength. The indicator shows a blue line when the trend is up, a red line when the trend is down, and an orange line when the trend is flat. The Williams AD MA Indicator is a great tool for any Forex trader and is free to download from the MetaTrader 4 platform.
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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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