The H Aligator Clock Indicator is a useful forex indicator that is compatible with MT4, making it popular among forex traders. This indicator is free to use and offers valuable insights into market trends. The H Aligator Clock Indicator works by combining different moving averages to generate buy or sell signals. The indicator consists of three lines that represent the jaw, teeth, and lips of an alligator. When these lines are intertwined, it indicates a ranging market, while a clear separation suggests a trending market. To use the H Aligator Clock Indicator, traders can look for crossovers between the lines to identify entry and exit points. Additionally, the indicator can be used to confirm the strength of a trend and spot potential reversals. Overall, this indicator is a valuable tool for traders looking to analyze market movements and make informed trading decisions.
MT4
H Aligator Clock
The H Aligator Clock indicator is a popular and useful forex indicator for MT4 that is available for free. This indicator is based on the concept of the Alligator indicator and helps traders identify trends and potential entry/exit points. By displaying the current trend direction and strength, traders can make more 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:
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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