The AMA Optimized Indicator for MT4 is a popular and free Forex indicator. It is useful for traders who are looking to take advantage of the market’s short-term trends. This indicator uses the Adaptive Moving Average (AMA) to calculate the trend of the market and then adjusts the parameters to optimize the performance of the indicator. This makes it a great tool for traders who are looking to capitalize on the short-term movements in the market. The AMA Optimized Indicator for MT4 is easy to use and requires no prior knowledge of the Forex market. It is designed to be used on any timeframe and can be set to automatically adjust the parameters to optimize its performance. This indicator also includes a variety of features such as customizable alerts, trend lines, and stop loss levels. The customizable alerts, trend lines, and stop loss levels make this indicator a great choice for traders who are looking to capitalize on the short-term movements in the Forex market.
MT4
AMA Optimized
The AMA Optimized Indicator MT4 is a popular free Forex indicator that helps traders make better trading decisions. The indicator also provides traders with alerts when a new trend is detected, allowing them to quickly adjust their trading strategy. With this indicator, traders can easily identify high probability trades and maximize their trading profits.
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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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