The Amir Indicator is a free, popular and useful Forex indicator for the MT4 platform. It is designed to help traders identify trend reversals and potential entry points in the market. The indicator uses a combination of Moving Averages and price action to generate signals. The indicator is composed of two components: a main line and a signal line. The main line is a fast-moving average of price action, while the signal line is a slower-moving average. When the main line crosses above the signal line, it is a signal to buy. Conversely, when the main line crosses below the signal line, it is a signal to sell. The indicator also has an alert system, so traders can be notified when a signal is generated. This allows traders to react quickly and take advantage of potential trading opportunities. With its alert system, traders can take advantage of potential trading opportunities quickly.
MT4
Amir Indicator
The Amir Indicator is a useful and popular free Forex indicator for MT4 trading platforms. The Amir Indicator uses a combination of technical analysis indicators such as Moving Averages, Stochastics, and Relative Strength Index (RSI) to generate buy and sell signals. The Amir Indicator is a great tool for traders who want to make informed trading decisions and take advantage of market opportunities.
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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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