The I-AVG-VOL Indicator is a useful and popular free Forex indicator for the MT4 platform. This indicator provides traders with an easy and efficient way to measure the average volume of a currency pair over a certain period of time. It displays the average volume of the currency pair in a histogram format, which makes it easy to interpret and compare with other currency pairs. The I-AVG-VOL Indicator is simple to use. All you have to do is select a currency pair and a period of time, and the indicator will automatically calculate the average volume of the currency pair over that period of time. The indicator also has adjustable parameters, such as the number of bars used to calculate the average volume and the color of the histogram. This allows traders to customize the indicator to their own preferences. Overall, the I-AVG-VOL Indicator is a great free Forex indicator for the MT4 platform. It provides traders with a simple and efficient way to measure the average volume of a currency pair over a certain period of time. By comparing the average volume with the current volume of the pair, traders can make informed decisions about when to enter or exit trades. This indicator is also great for helping traders to identify potential support and resistance levels, as well as potential breakouts.
MT4
I AVG VOL
The I-AVG-Vol Forex indicator is a useful and popular tool for MT4 traders. It is free to use and provides an easy way to analyze and identify trends in the currency markets. The indicator measures the average true range of the currency pair and displays it on the chart. The indicator also helps to identify support and resistance levels, which can be used to set stop-loss orders and take-profit orders.
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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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