The Awesome Accelerator Four Color CJA Indicator is a popular and useful forex indicator that works on the MT4 platform. This indicator is free to download and is perfect for traders looking to improve their trading strategy. The indicator uses four different colors to represent different market conditions, making it easy to interpret and make informed decisions. Green signifies a strong uptrend, red indicates a strong downtrend, yellow shows a consolidation phase, and blue signals a weak trend. Traders can use this indicator to identify potential entry and exit points, as well as to confirm trends in the market. It is a versatile tool that can be used on various timeframes and currency pairs, making it a valuable asset for both beginner and experienced traders.
MT4
Awesome Accelerator Four Color Cja
The Awesome Accelerator Four Color CJA Indicator is a popular and useful forex indicator for MT4. It is free to use and can help traders identify strong trends in the market. The indicator works by measuring momentum and displaying it in four different colors, making it easy to interpret. Traders can use this indicator to make informed trading decisions.
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Category: Stochastic
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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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