The Price Alert Trading Indicator is a popular and useful Forex indicator for MT4. It is free and easy to use, making it a great choice for beginner and experienced traders alike. The Price Alert indicator helps traders to monitor the market and be notified of any price changes. It can be used to set alerts for when the price of a currency pair reaches a certain level. This is useful for both trend-following and counter-trend strategies. The Price Alert indicator is easy to install and configure. Once installed, it can be customized to show the currency pair, the price level, and the type of alert. The indicator can be used to set alerts for when the price of a currency pair reaches a certain level. This is useful for both trend-following and counter-trend strategies. The indicator can also be used to identify potential entry and exit points for trades. This is a great way to stay ahead of the market and make informed trading decisions.
MT4
Price Alert Trading
The Price Alert Forex Indicator for MT4 is a popular and free tool used by many Forex traders. The indicator can be used to easily set up price alerts that can be triggered when the price of the currency pair reaches a certain level. It is also a great way to stay informed about the current market conditions.
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Category: Support & Resistance
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Description
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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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