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Home Collection Trend Fractal AMA
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Fractal AMA

The Fractal AMA Forex Indicator is a useful and popular MT4 indicator that is available for free. The indicator works by calculating the difference between the current price and a smoothed moving average. It is popular among traders due to its accuracy and reliability.

Trading Style

Swing

Indicator Type

Leading

Timeframe

D1-W1

,

H1-H4

Platform

MT4

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Description

The Fractal AMA Indicator is a popular and free Forex indicator for MT4. This useful indicator is perfect for traders who want to identify trends and potential entry and exit points in the market. It helps traders to make better decisions and increase their profits. The Fractal AMA Indicator uses a combination of fractals and adaptive moving averages to identify potential entry and exit points in the market. It takes into account the most recent price action and uses fractals to identify support and resistance levels. The adaptive moving averages then help to identify trends and potential entry and exit points. It is free to use and can be downloaded from many popular Forex websites.

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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:

  1. Download the indicator file (.ex4 or .mq4/.ex5 or .mq5) to your computer.

  2. Open the MT4/5 terminal and click on “File” in the top left corner.

  3. Select “Open Data Folder” from the dropdown menu.

  4. In the window that opens, double-click on the “MQL4/5” folder.

  5. Double-click on the “Indicators” folder.

  6. Drag and drop the indicator file from your computer into the “Indicators” folder.

  7. Close the data folder window and restart the MT4/5 terminal.

  8. 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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