The Market Crash Alert Indicator is a free and popular Forex indicator that is available for the MT4 trading platform. The indicator is designed to help traders identify when the market is in a crash and to alert them to take action. The indicator is useful for traders who are looking to protect their investments from the volatility of the Forex market. The Market Crash Alert Indicator works by analyzing the price action of the Forex market and then alerting the trader when a crash is likely to occur. The indicator uses a number of technical indicators to determine when the market is in a crash and then sends out an alert signal to the trader. This allows the trader to take action before the crash occurs and to protect their investments. The indicator is easy to use and can be set up in a few minutes. Once the indicator is set up, it will automatically scan the Forex market and alert the trader when a crash is likely to occur. This allows the trader to take action quickly and to protect their investments from the volatility of the Forex market. The indicator is designed to help traders identify when the market is in a crash and to alert them to take action before the crash occurs.
MT4
Market Crash Alert Indicator
The Market Crash Alert Indicator is a useful tool for Forex traders who want to stay informed about market conditions in real time. The indicator works by monitoring the market for sudden changes in price, and it can be used to alert traders when a crash is likely to occur. With the Market Crash Alert Indicator, traders can stay one step ahead of the market and protect their investments.
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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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