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Candlestick Alerts Button

Candlestick Alerts Button is a useful and popular free Forex indicator for MT4. It is designed to help traders identify and track candlestick patterns on the chart. The indicator displays a button at the bottom of the chart, which can be used to quickly enable or disable the alert feature. The Candlestick Alerts Button is a popular free indicator for MT4 and is a great addition to any trader’s toolkit.

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Description

The Candlestick Alerts Button is a remarkable free indicator for the popular MetaTrader 4 (MT4) trading platform. Designed to enhance the trading experience of Forex enthusiasts, this innovative tool focuses on identifying and tracking candlestick patterns on the chart, providing traders with valuable insights and potential trading opportunities.

Features of the Candlestick Alerts Button Indicator

The indicator is packed with a range of features that make it a must-have for any serious Forex trader. One of the standout features is the ability to quickly enable or disable the alert function, which notifies traders when a specific candlestick pattern is identified on the chart.

The indicator displays bearish signals in red and bullish signals in green, making it easy to interpret the market’s movements at a glance.

How the Candlestick Alerts Button Indicator Can Benefit You

The Candlestick Alerts Button indicator is a game-changer for Forex traders who want to stay informed about potential trading opportunities. By automating the process of identifying candlestick patterns, this indicator saves traders valuable time and effort, allowing them to focus on other aspects of their trading strategy.

Additionally, the customizable feature allows traders to select the specific patterns they want to be alerted about, ensuring that the indicator caters to their individual trading preferences.

Indicator Settings

Step: Specifies the candels number of used for the indicator.

Alert Settings.

Color Settings.

Location Settings.

Arrow Displacement: Adjusts the positioning of the indicator’s directional arrow.

Text Displacement: Adjusts the positioning of any text labels or values displayed by the indicator.

Conclusion

The Candlestick Alerts Button indicator is a powerful tool that can significantly enhance the trading experience of Forex enthusiasts. With its ability to identify and track candlestick patterns, the indicator provides traders with real-time insights into the market, empowering them to make more informed trading decisions. Whether you’re a seasoned trader or a newcomer to the Forex market, the Candlestick Alerts Button indicator is a must-have addition to your trading toolkit. Download the indicator for free and take your Forex trading to new heights.

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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:

  1. Download the indicator file (.ex4 or .mq4/.ex5 or .mq5) to your computer.

  2. Open the MT4/5 terminal and click on “File” in the top left corner.

  3. Select “Open Data Folder” from the dropdown menu.

  4. In the window that opens, double-click on the “MQL4/5” folder.

  5. Double-click on the “Indicators” folder.

  6. Drag and drop the indicator file from your computer into the “Indicators” folder.

  7. Close the data folder window and restart the MT4/5 terminal.

  8. 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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