The PTL 2.07 Histo Alerts Lines Indicator is a useful and popular free Forex indicator for the MT4 platform. It helps traders to identify trend reversals and breakouts with ease. This indicator displays a histogram and various alert lines that are based on the current market conditions. The histogram shows the strength of the current trend, while the alert lines indicate potential trend reversals. The indicator also provides alerts when the price crosses the alert lines. The PTL 2.07 Histo Alerts Lines Indicator is easy to install and use. It can be added to any chart and the settings can be adjusted to suit individual trading styles. The indicator can be used to identify potential entry and exit points, as well as to confirm trend reversals. It can also be used to identify potential breakouts. The indicator is highly customizable and can be used to set up alerts for when the price crosses the alert lines. The indicator is free and can be easily installed on the MT4 platform. It is a popular and useful Forex indicator that can help traders to make more informed trading decisions.
MT4
Ptl 2 07 Histo Alerts Lines
The PTL 2.07 Histo Alerts Lines indicator is a useful and popular free Forex indicator for MT4. It uses histogram alerts and lines to display the trend direction of the market. With its simple yet powerful design, the PTL 2.07 Histo Alerts Lines indicator is a great tool for Forex traders looking to gain an edge in the market.
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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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