The Kijun Sen Alerts Indicator for MT5 is a useful tool for forex traders looking to stay ahead of market trends. This popular indicator is available for free and provides alerts when the Kijun Sen line crosses the price chart. The indicator works by measuring the average price over the past 26 periods and can help traders identify potential trend reversals. When the Kijun Sen line crosses above the price chart, it indicates a bullish trend, while a cross below the price chart suggests a bearish trend. Traders can use this indicator to make informed decisions about their trades and to time their entries and exits more effectively. By setting up alerts, traders can be notified in real-time when these important crosses occur, helping them to stay informed and make informed trading decisions.
MT5
Kijun Sen Alerts MTF
Kijun Sen Alerts indicator for MT5 is a useful forex indicator that is popular among traders for its free availability. This indicator helps traders identify potential trend reversals by alerting them when the price crosses the Kijun Sen line. To use this indicator, simply add it to your MT5 platform and set up alerts for when the price crosses the Kijun Sen line.
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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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