The Better Macd Alert Indicator is a useful and popular free indicator for the MT4 Forex trading platform. This indicator is designed to help traders identify potential buy and sell opportunities in the Forex market. It is based on the Moving Average Convergence Divergence (MACD) indicator, which is one of the most popular technical analysis indicators used by traders. The Better Macd Alert Indicator works by calculating the difference between two moving averages and then plotting the result as a histogram. The indicator will then alert the trader when the MACD line crosses a certain level. This helps traders identify potential buy and sell opportunities, as well as quickly identify any potential changes in the trend. Overall, the Better Macd Alert Indicator is a great tool for traders who want to quickly identify potential buy and sell opportunities in the Forex market. It is easy to use, free, and is one of the most popular technical analysis indicators used by traders.
MT4
![](https://www.mt4collection.com/wp-content/uploads/2023/06/Better-Macd-Alert-Indicator-screenshot-1-230x144.png)
![](https://www.mt4collection.com/wp-content/uploads/2023/06/Better-Macd-Alert-Indicator-screenshot-2-230x144.png)
![](https://www.mt4collection.com/wp-content/uploads/2023/06/Better-Macd-Alert-Indicator-screenshot-4-230x144.png)
![](https://www.mt4collection.com/wp-content/uploads/2023/06/Better-Macd-Alert-Indicator-screenshot-3-230x144.png)
Better Macd Alert
The Better MACD Alert Indicator is a popular and free Forex indicator for the MetaTrader 4 (MT4) trading platform. The Better MACD Alert Indicator is based on the Moving Average Convergence/Divergence (MACD) indicator which is one of the most popular technical analysis tools used by Forex traders. The indicator uses the MACD line and signal line to generate buy and sell signals.This indicator is a great tool for traders who want to stay on top of the markets and take advantage of profitable trading opportunities.
Trading Style | |
---|---|
Indicator Type | |
Platform | |
Timeframe | , , |
0
People watching this product now!
Category: Stochastic
Downloads - 13
Description
Reviews (0)
Be the first to review “Better Macd Alert” Cancel reply
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.
Related products
Currency Pairs Correlation
The Currency Pairs Correlation indicator is a free and popular tool for forex traders available on MT4 platform. It shows the correlation between various currency pairs, helping traders identify potential trading opportunities and manage their portfolio risk. The indicator calculates correlation coefficient between selected currency pairs and displays it as a color-coded matrix. The Currency Pairs Correlation indicator can be used by both novice and experienced traders to get a better understanding of market dynamics and make more informed trading decisions.
MACD True
The MACD True Indicator is a popular and useful MT4 forex indicator that helps traders identify trends and momentum in the market. It is a modified version of the traditional MACD indicator that incorporates a color-coded histogram to provide more visual cues for traders. This indicator works by measuring the difference between two moving averages, and it is often used in conjunction with other technical indicators to confirm trading signals. Traders of all levels can benefit from using the MACD True Indicator in their trading strategies.
Wave Trend Oscillator
The Wave Trend Oscillator Indicator is a popular and free Forex indicator for MT4 that is useful for both novice and experienced traders. This indicator is designed to detect the trend and momentum of the market and provide traders with a visual representation of the trend direction. It then plots the waves on a chart and provides traders with a signal when the trend has reversed or is about to reverse. This indicator is also customizable, allowing traders to adjust the sensitivity of the indicator to their own trading style. With the Wave Trend Oscillator Indicator, traders can easily identify the trend of the market and make informed trading decisions.
Renko Charts
The Renko Charts indicator is a popular free MT4 tool used by forex traders to analyze market trends. It works by plotting price movements as "bricks" on a chart, where each brick represents a predetermined price range. This helps filter out market noise and highlight the direction of the trend. Make The Renko Charts indicator a useful tool to improve your Forex trading strategies.
Momentum Reversal Detector
The Momentum Reversal Detector Indicator is a useful and popular free Forex indicator for MT4. It is designed to help traders identify potential reversals in market momentum. The indicator uses a combination of moving averages, oscillators, and price action to generate signals when a reversal is likely. The Momentum Reversal Detector Indicator is a great tool for any Forex trader looking to capitalize on short-term reversals.
TRIX Indicator
The TRIX indicator is a new and popular technical analysis tool designed for the forex market wich available for free on the MT4 platform. TRIX uses triple exponential smoothing to identify trends and provide buy/sell signals based on crossovers and divergences. The indicator also helps traders identify overbought and oversold conditions, which can be used to make informed trading decisions. With its accuracy and simplicity, the TRIX indicator is quickly gaining popularity among forex traders.
Schaff Trend Cycle
The Schaff Trend Cycle indicator is a popular forex indicator for MT4, which determines market trends with high accuracy. Its values range from 0 to 100, with values above 75 indicating overbought and values below 25 indicating oversold. Whether you are a beginner or an experienced trader, the Schaff Trend Cycle indicator will help you make better trading decisions and improve profitability.
Reviews
There are no reviews yet.