Related Source: Beginner Alert MT4
This indicator is for beginners. You can use it very easy:
1. When you get red signal go to sell.
2. Green to buy.
This indicator is some kind of trend reversal based. However don’t expect to make money with it. It’s great for exercising and learning. The worst thing is going to happen if you use it in sideway trends (when trend raging).
You can see raging example below.
If you want to use this indicator you must include one more indicator which will filter false signals.
MT4 Indicator – Download Instructions
Beginner Alert – In order to transform accumulated history data, you need a MetaTrader 4 indicator. Beginner Alert- It is a MetaTrader 4 indicator that allows you to detect several changes and dynamics in price that many traders can’t estimate or see without an indicator, which highlights its essence and usage.Accordingly, traders can draw conclusions and make estimates about how the prices will change based on the information they have and then they can modify their strategy for better trading.
How to install indicator for MetaTrader 4.mq4?
Beginner Alert for MetaTrader 4.mq4
Copy Indicator for MetaTrader 4.mq4 to your Metatrader 4 Directory / experts / indicators /
Start or restart your MetaTrader 4 Client
Select Chart and Timeframe where you want to test your mt4 indicator
Search “Custom Indicators” in your Navigator mostly left in your MetaTrader 4 Client
Right click on Beginner Alert Indicator for MetaTrader 4.mq4
Attach to a chart
Modify settings or press ok
Indicator for MetaTrader 4.mq4 is available on your Chart
How to remove Indicator for MetaTrader 4.mq4 from your Metatrader 4 Chart?
Select the Chart where is the Indicator running in your Metatrader 4 Client
Right click into the Chart
Select the Indicator and delete
If you find this indicator useful you can DOWNLOAD IT HERE.
RELATED INDICATOR: Sdx Tzpivots Pivot Points MT4 Indicator