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3 Ma Cross Alert

The 3 MA Cross Alert MT5 indicator is a technical analysis tool for trend direction and reversal signals. This indicator is easy to use and helps traders identify potential trading opportunities quickly and easily.

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Description

The 3 MA Cross Alert MT5 Indicator is a Forex trading tool that identifies trend reversal and potential entry or exit points. It uses a combination of fast, medium, and slow-moving averages of different periods. The fast-moving average detects short-term trends, the medium detects intermediate trends, while the slow-moving average identifies long-term trend

The indicator paints a buy or sell signal arrow whenever a crossover occurs between two moving averages of different periods. Besides, it also has a signal alert system that notifies traders of buying and selling opportunities, making it easy to follow the signals.

Features of the 3 MA Cross Alert MT5 Indicator

  • Customizable Parameters: The indicator’s parameters are customizable. For instance, traders may adjust the periods of the moving averages to increase or decrease the responsive rates to the price.
  • Alert and Notifications: The indicator has a signal alert notification system, such as sound alerts, pop-up alerts, email notifications, and push notifications.

Benefits of Using the Indicator

The 3 MA Cross Alerts MT5 indicator filters market noises to identify accurate market direction. Therefore, its reliability in delivering accurate signals makes it a suitable trading tool for beginners, intermediate, and advanced traders.

Furthermore, the indicator’s alert system makes it convenient for traders to keep a tab on the buying and selling opportunities identified in the Forex market.

3 MA Cross Alert MT5 Indicator Settings Description

The indicator comes with the following customizable settings:

Period of the first moving average: Period to calculate the first moving average.

Shift of the first moving average: Determines the number of periods by which the first moving average shifts.

Method of the first moving average: Determines the method of the first moving average.

Period of the second moving average: Period to calculate the second moving average

Shift of the second moving average: Determines the number of periods by which the second moving average shifts.

Method of the second moving average: Determines the method of the second moving average.

Period of the third moving average: Period to calculate the third moving average

Shift of the third moving average: Determines the number of periods by which the third moving average shifts.

Method of the third moving average: Determines the method of the second moving average

crossesonCurrent: Enables/Disables signals on current candlestick crossover.

alertsOn: Enables/Disables the alert system.

alertsMessage: Enables/Disables alerts via message.

alert sound: Enables/Disables alert sounds.

alertsEmail: Enables/Disables signal alerts via email.

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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:

  1. Download the indicator file (.ex4 or .mq4/.ex5 or .mq5) to your computer.

  2. Open the MT4/5 terminal and click on “File” in the top left corner.

  3. Select “Open Data Folder” from the dropdown menu.

  4. In the window that opens, double-click on the “MQL4/5” folder.

  5. Double-click on the “Indicators” folder.

  6. Drag and drop the indicator file from your computer into the “Indicators” folder.

  7. Close the data folder window and restart the MT4/5 terminal.

  8. 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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