The ADX Alert Play Blue Indicator is a popular and useful forex indicator that is compatible with MT4. This indicator is free to use and helps traders identify the strength of a trend in the market. When the ADX line crosses above the threshold set by the user, a blue arrow will appear on the chart, indicating a strong trend. This can help traders make more informed decisions about when to enter or exit a trade. The ADX Alert Play Blue Indicator is easy to use and can be customized to suit individual trading preferences. Traders can adjust the threshold levels and choose whether or not to receive alerts when a strong trend is detected. Overall, this indicator is a valuable tool for forex traders looking to capitalize on market trends.
MT4
Adx Alert Play Blue
ADX Alert Play Blue Indicator is a useful forex indicator for MT4 that is popular among traders. This free indicator provides alerts when the ADX indicator changes from red to blue, indicating a potential trend reversal. Traders can use this information to make informed trading decisions. The indicator is easy to use and can help traders identify potential entry and exit points in the market.
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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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