The Price Line Alert Indicator is a useful tool for forex traders using the popular MetaTrader 4 platform. This indicator provides real-time alerts when price crosses a specified line on the chart, allowing traders to stay informed of important market movements. In addition to being free to use, the Price Line Alert Indicator is easy to install and can be customized to suit individual trading strategies. Traders can set alerts for multiple price lines and choose different notification methods such as pop-up alerts, email notifications, or SMS alerts. Overall, this indicator is a valuable tool for forex traders looking to stay on top of market trends and make informed trading decisions. With its user-friendly interface and customizable features, the Price Line Alert Indicator is a must-have for any serious forex trader.
Price Line Alert
Price Line Alert Indicator is a useful forex indicator for MT4. It is popular among traders as it is free to use. This indicator alerts traders when price crosses a specified line on the chart. Traders can set up multiple alert levels to be notified of key price movements. Simply download and install the indicator to start using it in your trading strategy.
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Category: Support & Resistance
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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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