The Waddah Attar Daily Camerilla Indicator is a useful and popular free Forex indicator for the MT4 trading platform. It is a simple yet very powerful indicator that can be used to identify daily support and resistance levels. The indicator plots a series of vertical lines on the chart, helping traders to easily identify the levels at which price is likely to find support or resistance. The lines are calculated using a combination of high, low, and close prices from the previous day, as well as the open price of the current day. This allows traders to quickly identify the key levels of the day and make informed trading decisions. The indicator is available for free, making it a popular choice among traders. It is easy to use and can be a great addition to any trading strategy.
MT4
Waddah Attar Daily Camerilla
The Waddah Attar Daily Camerilla Indicator is a popular and free Forex indicator for the MT4 trading platform. It is a useful tool for traders, providing them with an easy way to identify and take advantage of price movements. The indicator uses a combination of support, resistance and pivot points to help traders determine when to enter and exit trades. The indicator is easy to use and customize to suit the needs of any trader. It can be used for both short and long-term trades, making it a popular choice for Forex 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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