The WilliamR with Alert Indicator is a useful and popular free Forex indicator for MT4 (MetaTrader 4) that helps traders identify entry and exit points for their trades. It is based on the popular Williams Percent Range indicator, which measures the momentum of a security over a given period of time. The WilliamR with Alert Indicator displays the current value of the Williams Percent Range and sends out an alert when the value reaches a certain level. This makes it easier for traders to quickly identify high-momentum opportunities. The WilliamR with Alert Indicator is easy to use and requires minimal setup. All a trader needs to do is add the indicator to their chart and set the alert parameters. The indicator will then generate an alert when the Williams Percent Range reaches the specified level. This makes it easy for traders to identify opportunities and take advantage of them. Whether you’re a beginner or an experienced trader, the WilliamR with Alert Indicator can help you identify potential trading opportunities and maximize your profits.
MT4
Williamr With Alert
The WilliamR with Alert Indicator is a very useful and popular free Forex indicator for the MT4 platform. The indicator works by displaying a colored line that moves along with the price action of the currency pair. It is a great tool for both novice and experienced traders alike.
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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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