![]() ![]() In the Navigator find the gauge name, right-click it and select Attach to the chart. ![]() Now go to the left side of your MT4 terminal. ![]() You can gain access to this folder by clicking the top menu options, which goes as follows:įile > Open Data Folder > MQL4 > Indicators (paste here). How to set up the Renko Scalp MS Alert indicator in MT4?ĭownload the Renko Scalp MS Alert.rar archive at the bottom of this post, unpack it, then copy and paste the Renko Scalp MS Alert.ex4 or Renko Scalp MS Alert.mq4 indicator files into the MQL4 folder of the Metatrader 4 trading platform. Feel free to experiment with the settings and parameters to fit your personal preferences. The default settings can be modified directly from the input tab. It is displayed in a separate window placed just below the main trading chart. The Renko Scalp MS Alert Indicator fits all kinds of timeframes and currency pairs. Orange bricks indicate market indecision. Just go long after the blue line is placed, and conversely, go short after the occurrence of the red line. These lines act as places for trades entry points. Additionally, this forex indicator places blue and red horizontal lines directly on the activity chart. In essence, it is a simple trading tool that displays signals in a form of blue, red, and orange bricks. The Renko Scalp MS Alert Indicator is, as the name suggests, a forex scalping indicator based on Renko Charts. Introduction to the Renko Scalp MS Alert Indicator ![]()
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