OS Histo Arrows Alerts is a free and popular Forex indicator for the MT4 trading platform. This useful tool is designed to help traders identify potential entry points in the market and maximize their profits. The OS Histo Arrows Alerts indicator plots arrows on the chart that indicate when the market is overbought or oversold. The indicator also provides alerts for when a new signal appears, allowing traders to take advantage of potential trading opportunities in a timely manner. The indicator is easy to use and understand, and is suitable for all types of traders. It is also highly customizable, allowing traders to adjust the settings to suit their specific trading style. With the OS Histo Arrows Alerts indicator, traders can easily identify potential entry points in the market and make more informed trading decisions.
OS Histo Arrows Alerts
The OS Histo Arrows Alerts indicator is a useful, free Forex indicator for MT4 that allows traders to quickly identify potential entry and exit points. The indicator works by displaying a histogram and arrows on the chart which indicate when the oscillator is in an overbought or oversold condition. This is a great tool for any trader looking for an easy way to identify potential entry and exit points.
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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.