The SuperTrend MTF Alert Indicator is a useful and popular free Forex indicator for MetaTrader 4 (MT4) trading platform. It is designed to help traders identify and capitalize on profitable trends in the Forex market. The SuperTrend MTF Alert Indicator works by applying the SuperTrend indicator across multiple time frames. It uses a combination of price action, volatility, and momentum to generate signals that can be used to enter and exit trades. The indicator also includes an alert feature, which can be used to notify traders when a potential trading opportunity arises. The SuperTrend MTF Alert Indicator is a powerful tool for traders looking to capitalize on profitable trends in the Forex market. It is easy to use and understand, and can be used on any time frame.
Supertrend Mtf Alert
The SuperTrend MTF Alert Indicator is a useful Forex indicator for MT4 traders. The indicator is designed to provide traders with a visual alert when the price crosses the SuperTrend indicator. It also provides alerts when the trend changes direction. The indicator is also highly customizable, allowing traders to adjust the parameters to best suit their trading style. The SuperTrend MTF Alert Indicator is an invaluable tool for any Forex trader looking to improve their trading results.
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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.