The Guppy OMA Oscillator Alerts MTF is a useful and popular free Forex indicator for the MT4 trading platform. It is designed to help traders identify potential trend reversals and breakouts by measuring the power of the momentum. The indicator uses a combination of two oscillators, the OMA and the Guppy, to measure the strength of the momentum and generate alerts when the momentum changes. The OMA oscillator measures the momentum of the price action and generates buy and sell signals when the momentum changes. The Guppy oscillator is used to measure the strength of the momentum and generate alerts when the momentum starts to weaken or strengthen. The indicator is also able to generate alerts when the trend starts to reverse. The Guppy OMA Oscillator Alerts MTF is a powerful and free tool for Forex traders. It is easy to use and provides traders with a comprehensive view of the market momentum. The indicator is also useful for setting stop losses and take profits. With its combination of two oscillators, the OMA and the Guppy, the indicator is an invaluable tool for traders looking to maximize their profits.
MT4
Guppy Oma Oscillator Alerts
Guppy OMA Oscillator Alerts MTF is a useful and popular free Forex indicator for MT4. This indicator provides alerts when the oscillator line crosses the zero line, and when it crosses the signal line. The indicator is popular among Forex traders due to its simplicity and accuracy.
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Category: Stochastic
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Description
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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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