The AMA Optimum Indicator is a powerful and useful tool for Forex traders who use the MetaTrader 4 platform. This popular free indicator is designed to help traders identify optimal entry and exit points in the Forex market. It uses a combination of adaptive moving averages and a unique volatility algorithm to determine the best time to enter and exit a trade. The indicator also provides a visual representation of the market trend, allowing traders to easily identify the direction of the trend and make informed trading decisions. The AMA Optimum Indicator is easy to use and understand. Once installed on the MT4 platform, traders can simply select the currency pair and time frame they wish to trade and the indicator will automatically calculate the optimal entry and exit points for the trade. The indicator also provides additional information such as the current market trend, current volatility, and the current strength of the trend. This allows traders to make more informed decisions and increase their chances of success. With its unique volatility algorithm and visual representation of the market trend, the AMA Optimum Indicator is a popular and useful tool for any Forex trader.
MT4
AMA Optimum
The AMA Optimum Indicator is a useful and popular free Forex indicator for MT4. This indicator is designed to provide traders with a complete trading solution, helping them to identify profitable trading opportunities with ease. It works by analyzing the market conditions and then generating signals that can be used to enter or exit trades. With its user-friendly interface and free availability, the AMA Optimum Indicator is an excellent choice for Forex traders of all levels.
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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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