The IAVG Volume Indicator is a popular and useful free Forex indicator for the MT4 platform. It is designed to help traders identify the current market volume and understand the relationship between the volume and the price. The indicator displays the average volume of a selected period on an MT4 chart. It is very easy to use, and it provides traders with an accurate and reliable way to measure the current market activity and identify potential trading opportunities. The IAVG Volume Indicator is a great tool for traders to gain insight into the current market conditions. It displays the average volume of a selected period on an MT4 chart. This allows traders to quickly identify the current market volume and determine the relationship between the volume and the price. The indicator also provides traders with an easy way to identify potential trading opportunities. The indicator also provides traders with an easy way to identify potential trading opportunities.
MT4
Iavg Volume
The IAVG Volume Indicator is a popular and useful tool for Forex traders. The indicator uses the average volume of the last several candles to calculate the current market volume. This provides a more accurate representation of the market’s current volume compared to just looking at the current candle’s volume. The IAVG Volume Indicator is easy to install and use, making it a great choice for novice and experienced traders alike.
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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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