The RSI OsMA Indicator is a popular and free Forex indicator for the MetaTrader 4 (MT4) trading platform. It is a useful tool for traders as it helps to identify the strength of the price trend. The RSI OsMA Indicator combines the Relative Strength Index (RSI) and the Moving Average of Oscillator (OsMA) into one indicator, which makes it a powerful tool for traders. The RSI OsMA Indicator is based on the RSI indicator, which is used to measure the speed and direction of price movements. The RSI OsMA Indicator uses the RSI to determine when the market is overbought or oversold, and it uses the OsMA to measure the strength of the trend. The indicator can be used to identify potential entry and exit points in the market. The RSI OsMA Indicator is easy to use and understand. It is displayed as two lines on a chart, the RSI line and the OsMA line. It is easy to use and understand and can help traders identify potential entry and exit points in the market. The indicator is free to use and is available on the MT4 trading platform.
MT4
RSI Osma
The RSI OSMA Indicator is a powerful and useful Forex indicator, popular among MT4 traders. It combines the Relative Strength Index (RSI) with the Moving Average of Oscillator (OSMA). The RSI is used to measure the speed and change of price movements, while the OSMA is used to measure the momentum of price movements. The RSI OSMA Indicator is a great tool for traders looking to identify potential market opportunities.
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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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