The Heiken Ashi Smoothed Alert Bar Indicator is a useful forex indicator designed for the MT4 platform. It is a popular choice among traders due to its ability to provide accurate market trend predictions. Unlike traditional candlestick charts, this indicator uses smoothed Heiken Ashi bars to give a clearer representation of price action. The indicator generates alerts, making it extremely useful for traders who want to stay updated with market movements. Whether you are a beginner or an experienced trader, this indicator can be a valuable tool in your trading arsenal. To use the Heiken Ashi Smoothed Alert Bar Indicator, simply download and install it onto your MT4 platform. Once installed, the indicator will display color-coded bars to indicate the market trend, allowing you to make informed trading decisions. When a trend change occurs, an alert is triggered to keep you informed in real-time. Best of all, this indicator is completely free, making it accessible to all forex traders. So, if you want to enhance your trading strategy and improve your chances of success in the forex market, consider adding the Heiken Ashi Smoothed Alert Bar Indicator to your trading toolbox.
MT4
Heiken Ashi Smoothed Alert Bar
The Heiken Ashi Smoothed Alert Bar Indicator is a popular and useful forex indicator available for free on MT4. It provides traders with a smoothed representation of price action and alerts them of potential trend reversals. This indicator is utilized to identify market trends and determine entry and exit points. Without promotional content, this description focuses on the functionality and value of the indicator to assist forex traders in their decision-making process.
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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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