The Volume JMA Option Indicator is a useful forex indicator that is popular among MT4 traders. This indicator is free to use and helps traders analyze volume in the market. The indicator uses the Jurik Moving Average (JMA) to smooth out volume data and provide a clearer picture of market trends. It works by tracking the volume of trades over a specific period and displaying it as a line on the chart. Traders can use this information to identify potential buying or selling opportunities based on changes in trading volume. To use the Volume JMA Option Indicator, simply download and install it on your MT4 platform. Then, apply it to your chart and customize the settings to fit your trading strategy. Keep an eye on the volume line for any significant spikes or dips, as these could signal potential market movements.
MT4
Volume Jma Option
Volume JMA Option Indicator is a popular and useful forex indicator for MT4. This free indicator displays the volume moving average using the Jurik Moving Average (JMA) calculation method. Traders can use this indicator to analyze volume trends and make informed trading decisions. Simply add it to your chart to see the volume JMA line and incorporate it into your trading strategy.
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Category: Volume
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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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