The MACD True Alerts Indicator for MT5 is a popular and free Forex indicator that is useful for traders of all levels. The indicator is designed to help traders identify when the market is in a trend, and when the trend is about to reverse. The indicator works by displaying a signal line that is based on a moving average of the MACD line. When the signal line crosses the MACD line, it indicates that the trend is about to reverse. The MACD True Alerts Indicator for MT5 is easy to use and can be installed on the MT5 platform. Once installed, the indicator will display a signal line and a MACD line. When the signal line crosses the MACD line, it will alert the trader of a potential trend reversal. The indicator also provides the trader with the ability to adjust the sensitivity of the alert, as well as the length of the moving average used in the calculation. With its free availability and adjustable settings, the indicator is a popular choice for traders who want to maximize their profits and minimize their losses.
MACD True Alerts
The MACD True Alerts Indicator for MT5 is a useful and popular Forex indicator that is specifically designed for the MetaTrader 5 trading platform. The indicator generates signals when the Moving Average Convergence Divergence (MACD) crosses the zero line. It is a great tool for any Forex trader looking to identify potential price reversals.
Downloads - 120
0 People watching this product now!
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.