The Jaimo JMA indicator is a popular and free Forex indicator for MT4. It is a useful tool for traders to quickly identify and analyze price trends and patterns in the Forex market. The Jaimo JMA indicator uses a smoothing algorithm to calculate the moving average of the price, which helps traders to identify the overall trend and predict future price movements. The indicator also provides an oscillator that can be used to identify overbought and oversold conditions in the market. The indicator also offers various customization options, allowing traders to adjust the parameters to suit their trading style. Furthermore, the indicator is highly accurate and reliable, making it a popular choice among Forex traders. With the Jaimo JMA indicator, traders can easily identify and capitalize on profitable trading opportunities in the Forex market.
MT4
Jaimo JMA
The Jaimo JMA Indicator is a popular and free Forex indicator for the MT4 trading platform. It uses a combination of different parameters to identify trend direction and strength. The indicator is simple to use and can be used on any timeframe. It is a popular and useful tool for traders of all levels.
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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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