The OBV MA Histo MTF Arrows Alerts indicator is a useful tool for forex traders using MT4 platform. It is a popular indicator among traders as it provides valuable insights into market trends. The indicator is free to use and can be easily downloaded and installed on the trading platform. The OBV MA Histo MTF Arrows Alerts indicator works by calculating the On Balance Volume (OBV) moving average and displaying it as a histogram on the chart. It also includes arrows that signal potential trade opportunities. Traders can set alerts to be notified of these signals in real-time, making it easier to stay on top of market movements. Overall, the OBV MA Histo MTF Arrows Alerts indicator is a reliable tool for forex traders looking to improve their trading strategies and make more informed decisions.
MT4
OBV Ma Histo Arrows Alerts
OBV MA Histo MTF Arrows Alerts is a useful forex indicator for MT4 that is popular among traders for its accuracy and reliability. This free indicator works by combining On Balance Volume (OBV) and Moving Average (MA) to identify trend changes and signal entry points. Traders can use the arrows alerts to make informed trading decisions based on the indicator’s signals.
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Category: Signal
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Description
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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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