The Price Alert forex indicator provides real-time alerts when price reaches the price(s) you have entered in the indicator’s input tab.
Three prices you can enter:
- Alert me when price goes above…
- Alert me when price goes below…
- Alert me when price is exactly…
The indicator also draws the price line on the chart, so it also gives you the visible view of the price(s) you have entered into the indicator.
It’s a handy tool for every forex trader.
The EUR/USD H1 chart below displays the Price Alert forex indicator in action.
Basic Trading Signals
No trading signals for this indicator, only price alerts.
MT4 Indicator Characteristics
Currency pairs: Any
Platform: Metatrader 4
Type: chart pattern
Customization options: Variable (SoundWhenPriceGoesAbove, SoundWhenPriceGoesBelow, SoundWhenPriceExactly) Colors, width & Style.
Time frames: 1-Minute, 5-Minutes, 15-Minutes, 30-Minutes, 1-Hour, 4-Hours, 1-Day, 1-Week, 1-Month
Copy and paste the price-alert.mq4 indicator into the MQL4 indicators folder of the Metatrader 4 trading platform.
You can access this folder from the top menu as follows:
File > Open Data Folder > MQL4 > Indicators (paste here)