The AIMS AO Bars indicator is a popular and free Forex trading tool for MetaTrader 4 (MT4). It is designed to be a useful and powerful indicator that can be used to identify market trends and potential trading opportunities. The AIMS AO Bars indicator works by analyzing the price action of a currency pair and then plotting its values on a chart. It uses the Accelerator Oscillator (AO) to plot the bars on the chart. The AO is an oscillator that measures the difference between two moving averages. The indicator plots the bars in green, when the AO is above the zero line, and in red, when the AO is below the zero line. The AIMS AO Bars indicator can be used to identify potential trading opportunities. When the bars are green, it indicates that the currency pair is in an uptrend, and when the bars are red, it indicates that the currency pair is in a downtrend. Traders can use the indicator to identify entry and exit points in the market.
MT4
Aims Ao Bars
The AIMS AO Bars Indicator is a popular and free Forex indicator for MT4 trading platforms. The AIMS AO Bars Indicator is a great tool for traders who want to identify the trend and momentum of the market. With the AIMS AO Bars Indicator, traders can easily identify profitable trading opportunities and maximize their 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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