Introduction to the Forex Price Alerts Indicator
Every experienced trader knows how important are certain levels of the market. Watching charts all the time for a price to hit expected zones is an exhausting task. This is where the Forex Price Alerts Indicator comes in handy. Simple set price levels you are looking for and you will get sound and window alarm.
The Forex Price Alerts Indicator fits all kinds of timeframes and currency pairs. The alerts window is displayed directly over the main trading chart. The default settings can be modified directly from the input tab.
Closer look on the Forex Price Alerts Indicator
When you load up the indicator in MT4 platform and do some individual settings, your chart should more less look like this:
As you can see there are three horizontal lines: red, green, and yellow/gold. When the price goes below the red line, it will trigger a proper alarm. Similarly, when the price goes above the green line, it will trigger a corresponding alarm. Lastly, price hitting the yellow line triggers an adequate alarm too.
Set up the inputs first
To make the Forex Price Alerts Indicator working at all, a trader needs to specifiy some inputs in the settings window:
The “Sound When Price Goes Above”, “Sound When Price Goes Below”, and “Sound When Price Is Exactly” input fields are the fields where the traders should input the price level where they would want the alert to be triggered. Additionally, one can choose to send emails with alarms.
Once the price hits defined level a window will pop up:
How to set up the Forex Price Alerts indicator in MetaTrader (MT4)?
Download the Forex Price Alerts.rar archive at the bottom of this post, unpack it, then copy and paste the Forex Price Alerts.ex4 or Forex Price Alerts.mq4 indicator files into the MQL4 folder of the Metatrader 4 trading platform.
You can gain access to this folder by clicking the top menu options, which goes as follows:
File > Open Data Folder > MQL4 > Indicators (paste here).
Now go to the left side of your MT4 terminal. In the Navigator find the gauge name, right-click it and select Attach to the chart.
Download Free MT4 Forex Price Alerts Indicator
To download the Forex Price Alerts Indicator for Metatrader 4 (MT4) for free just click the button below: