The Crossed Alerts Indicator is a useful forex indicator designed for the popular MetaTrader 4 platform. This free indicator generates alerts when two moving averages cross over, helping traders to identify potential entry and exit points in the market. When a bullish crossover occurs, a buy alert is generated, indicating a potential uptrend. Conversely, when a bearish crossover occurs, a sell alert is generated, indicating a potential downtrend. Traders can customize the settings of the indicator to suit their trading strategy and risk tolerance. To use the Crossed Alerts Indicator, simply install it on your MT4 platform and attach it to the chart of the currency pair you wish to trade. When a crossover signal is generated, you will receive an alert, allowing you to take timely action in the market.
MT4
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Crossed Alerts
Crossed Alerts Indicator is a popular and useful Forex indicator for MT4 that provides free alerts when two moving averages cross over. This indicator is highly effective in identifying potential trend changes and entry points in the market. Traders can customize the indicator settings to suit their trading strategy and receive timely notifications whenever a crossover occurs.
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Category: Trend
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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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