The DSS Kaufman AMA Indicator is a useful tool for forex traders who use the MetaTrader 4 platform. It is a popular indicator that is widely used by traders to identify trends and potential entry and exit points in the market. This indicator is available for free download and can be easily installed on the MT4 platform. The DSS Kaufman AMA Indicator works by calculating the Adaptive Moving Average (AMA) based on the Dual Moving Average (DSS Kaufman) indicator. It provides traders with a visual representation of the market trend, making it easier to make informed trading decisions. Traders can use this indicator to confirm the strength of a trend or to spot potential reversals in the market. Overall, the DSS Kaufman AMA Indicator is a powerful tool for forex traders looking to improve their trading strategy and maximize their profits.
DSS Kaufman AMA
DSS Kaufman AMA Indicator is a popular and useful forex indicator for the MT4 platform. It provides traders with valuable insights into market trends and helps make informed trading decisions. The indicator works by calculating Adaptive Moving Averages to identify momentum and trend changes. Traders can use this free indicator to enhance their trading strategies and improve their overall trading performance.
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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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