The Quantitative Qualitative Estimation with Alert is a useful and popular free Forex indicator for MT4 trading platforms. This indicator helps traders make informed decisions by providing a quantitative and qualitative estimation of the market movement. The indicator uses a combination of price action and technical analysis to provide reliable signals. It also includes an alert system that will notify traders when a trade setup is available. The indicator is easy to use and can be applied to any chart. It works by analyzing the price action and technical indicators to determine the current market trend. The indicator then generates a signal when a trade setup is available. This signal includes the entry point, stop loss and take profit levels. The alert system will notify traders when the trade setup is available, allowing them to enter the market quickly.
MT4
Quantitative Qualitative Estimation With Alert
This useful free Forex indicator for MT4 is one of the most popular indicators available. It works by analyzing the price action of a currency pair and providing an alert when certain conditions are met. This indicator is easy to use and can be a great addition to any Forex trader’s toolbox.
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Category: Stochastic
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Description
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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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