The Awesome Signal Oscillator Indicator is a popular and useful free Forex indicator for the MT4 platform. It is designed to help traders identify possible entry and exit points for their trades. The indicator works by oscillating between two levels, which indicate whether the market is overbought or oversold. When the oscillator is above the upper level, it indicates that the market is overbought and traders should look to exit their trades. Conversely, when the oscillator is below the lower level, it indicates that the market is oversold and traders should look to enter into trades. The Awesome Signal Oscillator Indicator is a great tool for traders of all levels. It can be used to identify possible entry and exit points for trades, as well as to help traders identify potential areas of support and resistance. The indicator is also free, making it an attractive option for traders who are looking for an inexpensive and effective way to improve their trading.
Awesome Signal Oscillator
The Awesome Signal Oscillator Indicator is a popular and free Forex indicator for the MT4 trading platform. The indicator works by measuring the momentum of price movements and comparing them to the momentum of the market. The Awesome Signal Oscillator Indicator is easy to use and has become one of the most popular indicators among Forex traders.
Downloads - 12
0 People watching this product now!
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.