The Awesome Accelerator Four Color NMC Indicator is a popular and useful forex indicator for MT4 that helps traders identify market trends and potential entry/exit points. This indicator is available for free and is easy to use, making it a valuable tool for both beginner and experienced traders. The indicator works by analyzing the acceleration of a currency pair’s price movement and displaying this information in four different colors to indicate the strength of the trend. Traders can use this information to make informed decisions on when to enter or exit a trade, helping them maximize profits and minimize losses. To use the Awesome Accelerator Four Color NMC Indicator, simply download and install it on your MT4 platform, attach it to a chart, and adjust the settings to suit your trading strategy. Keep an eye on the color changes to spot potential trading opportunities and make confident decisions in the forex market.
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Awesome Accelerator Four Color NMC
Awesome Accelerator Four Color NMC Indicator is a useful forex indicator for MT4. This popular and free indicator helps traders determine the acceleration of the current market trend. By displaying four different colored lines, traders can easily interpret the strength of the trend. Simply add the indicator to your chart and use it to make informed trading decisions.
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Category: Stochastic
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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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