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Home Collection Stochastic Balance Volume Nmc Alerts
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Balance Volume Nmc Alerts

The Balance Volume NMC MTF Alerts Indicator is a useful and popular Forex indicator for the MT4 platform. It is a free indicator that gives traders the ability to monitor the market volume and balance between buyers and sellers. It can be used to identify potential trading opportunities, as well as to gauge the strength of a trend. The indicator is easy to use and can be a great addition to any Forex trader’s toolkit.

Indicator Type

Overbought & Oversold

Trading Style

Day Trading

,

Intraday

,

Short-term

Timeframe

D1-W1

,

H1-H4

Platform

MT4

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  • How to Install
Description

The Balance Volume NMC MTF Alerts Indicator is a popular and free Forex indicator for MT4. It is a useful tool for traders who want to identify potential trading opportunities and make informed decisions. The indicator uses a combination of volume and price movements to provide a more accurate picture of market activity. It is designed to identify the balance between buying and selling pressure. This allows the trader to identify potential entry and exit points. The Balance Volume NMC MTF Alerts Indicator is easy to use and provides clear signals. It is based on the popular Balance Volume indicator and has been adapted to the MT4 platform. The indicator is designed to alert traders of potential buying and selling opportunities. It has a built-in alert system which will notify the trader when a signal is generated. The indicator has a customizable alert system and can be configured to send an email or a pop-up alert. The indicator is easy to understand and provides clear signals which can be used to make informed trading decisions.

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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:

  1. Download the indicator file (.ex4 or .mq4/.ex5 or .mq5) to your computer.

  2. Open the MT4/5 terminal and click on “File” in the top left corner.

  3. Select “Open Data Folder” from the dropdown menu.

  4. In the window that opens, double-click on the “MQL4/5” folder.

  5. Double-click on the “Indicators” folder.

  6. Drag and drop the indicator file from your computer into the “Indicators” folder.

  7. Close the data folder window and restart the MT4/5 terminal.

  8. 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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