The Frama OSMA Buy Sell Indicator is a useful and popular free Forex indicator for the MT4 trading platform. It is designed to help traders identify potential buy and sell opportunities in the Forex market. The indicator can be used to identify possible entry and exit points, as well as to monitor the trend of the market. The indicator works by combining two different indicators: the Oscillator of Moving Averages (OSMA) and the Moving Average of Oscillator (MAO). The OSMA is used to identify possible buy and sell opportunities, while the MAO is used to measure the strength of the trend. When the OSMA crosses below the MAO, it is an indication that the market is in a bearish trend and a possible sell signal. Conversely, when the OSMA crosses above the MAO, it is an indication that the market is in a bullish trend and a possible buy signal. It is easy to use and can be used on any timeframe, making it a popular choice among traders.
MT4
Frama OSMA Buy Sell
The Frama OSMA Buy Sell Indicator is a useful and popular free MT4 forex indicator. It uses the OBV to identify potential buy and sell signals and the MACD to confirm them. The indicator is free to download and use, making it a popular choice among traders.
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Category: Stochastic
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Description
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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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