The Awesome Accelerator Four Color Alert Indicator is a powerful and useful tool for Forex traders. It is a free indicator available for the popular MT4 trading platform. The indicator is designed to give traders a visual representation of the market momentum. It uses four colors to indicate the trend in the market. The colors are green, yellow, red and blue. The green color indicates a strong uptrend, the yellow color indicates a weak uptrend, the red color indicates a strong downtrend and the blue color indicates a weak downtrend. The Awesome Accelerator Four Color Alert Indicator is easy to use and provides traders with a clear view of the market. It can be used to identify potential trading opportunities. It can also be used to confirm or reject trading signals. The indicator is based on the Awesome Oscillator and is designed to provide traders with an early warning of a potential trend reversal. It is a popular and free indicator for the MT4 trading platform and is a great tool for Forex traders.
MT4
Awesome Accelerator Four Color Alert
The Awesome Accelerator Four Color Alert Indicator is a useful and popular Forex indicator for the MT4 trading platform. The indicator is based on the Accelerator Oscillator (AC) and the Awesome Oscillator (AO) and uses four colors to indicate the trend. The Awesome Accelerator Four Color Alert Indicator is a popular and free indicator for the MT4 platform and is a useful tool for traders.
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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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