The Kaufman Adaptive Moving Average (KAMA) is a popular and free Forex indicator that is used by many traders. Developed by Perry Kaufman, this indicator is designed to adapt to market volatility and provide traders with a better understanding of the market. KAMA is a moving average indicator that is based on the Kaufman Efficiency Ratio. It is designed to identify changes in market trends and signals when the market is trending or non-trending. The indicator is useful in identifying short-term and long-term trends in the market and in providing entry and exit points for trades. KAMA is available as a free indicator on the MetaTrader 4 (MT4) platform, making it a popular choice for Forex traders. To use the indicator, traders simply need to add it to their chart and then adjust the parameters to suit their trading needs. The indicator can be used to identify entry and exit points, as well as to confirm the direction of the trend. It can be used to identify entry and exit points, as well as to confirm the direction of the trend.
The Kaufman Adaptive Moving Average (KAMA) is a powerful and popular Forex indicator used by traders to identify market trends. KAMA is a moving average indicator that adapts to the market volatility, making it a useful tool for traders of all skill levels. The indicator uses an advanced algorithm to identify trend changes and provide traders with potential buy and sell signals. This indicator is an excellent tool for traders looking to capitalize on the Forex market.
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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.