The Alert SMA EMA Crossover is a free and popular Forex indicator for the MT4 platform. It is a useful tool for traders who want to be alerted when the Simple Moving Average (SMA) and Exponential Moving Average (EMA) of their chosen currency pair cross over. The indicator can be used to monitor a variety of different currency pairs, and it can be set to alert the trader when the two averages cross over. The Alert SMA EMA Crossover indicator works by calculating the difference between the two moving averages and then drawing a line across the chart. When the two averages cross over, the line will change color, alerting the trader to the crossover. The indicator can be customized to alert the trader when the crossover occurs, and it can also be set to alert the trader when the crossover is close to occurring. This allows the trader to be prepared to enter a trade when the crossover occurs.
MT4
Alert Sma Ema Crossover
This free Forex indicator is a useful tool for MT4 traders. It is a popular indicator that helps traders to identify when two moving averages have crossed over, allowing them to make better trading decisions. Traders can use this signal to enter or exit trades. The Alert SMA EMA Crossover indicator also allows traders to customize the settings to suit their trading strategy.
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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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