The Awesome Forex Indicator is a popular and useful tool for traders looking to make the most out of their Forex trading. This indicator is available for free on the MT4 trading platform and is designed to help traders identify potential trading opportunities in the Forex market. The Awesome Forex Indicator provides traders with a range of useful features, including the ability to identify potential support and resistance levels, identify trends, and identify entry and exit points. The indicator also provides traders with a range of customizable settings, allowing traders to tailor the indicator to their specific trading style. The Awesome Forex Indicator is easy to use and understand. It uses a combination of technical analysis and price action to identify potential trading opportunities. The indicator looks for patterns in price action, such as breakouts and reversals, and then provides traders with an alert when these patterns are identified. The indicator also provides traders with the ability to customize the settings to their specific trading style, allowing traders to tailor the indicator to their individual needs. The Awesome Forex Indicator is a popular and useful tool for traders looking to make the most out of their Forex trading.
MT4
Awesome
The Awesome Forex Indicator is a popular and free MT4 indicator used by forex traders around the world. The indicator is based on a combination of technical indicators, such as moving averages, oscillators, and trend lines, to provide traders with an easy-to-use and reliable way to identify entry and exit points in the forex market. With its simple and intuitive interface, it can help traders make more accurate and profitable trades.
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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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