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Price Alert Panel (PAP) indicator download for MetaTrader 4 - Free [TradingFinder]

author EAcpu | 4 reads | 0 comments |

The Price Alert Panel (PAP) indicator is a valuable tool for traders to set price levels . The PAP indicator is available on the MetaTrader 4 (MT4) platform, allowing traders to easily set price alerts.

The price alert panel is located in the upper left corner of the chart and includes various types of price alerts such as normal ASK / BID , ask only, bid and last close, which can be customized.

PAP Indicator Table

Indicator categories: Signals and Forecasts MT4 Indicators Trading Aids MT4 Indicators Risk Management MT4 Indicators
Platforms: MetaTrader 4 Indicators
Trading Skills: Elementary
Indicator Types: MT4 Breakout Indicator Lags MT4 Indicator
Time frame: Multi Time Frame MT4 Indicators
Trading Style: Day Trading MT4 Indicators Intraday MT4 Indicators Scalper MT4 Indicators
Trading Tools: Index Markets MT4 Indicators Cryptocurrency MT4 Indicators Forex MT4 Indicators

Price alert panel indicators at a glance

The Price Alert Panel Indicator is a useful tool for traders who wish to receive notifications when price reaches target levels.

This Trading Assist allows traders to easily set their desired price levels, ensuring they receive immediate alerts when these levels are hit and stay informed of price changes in real-time.

How the PAP indicator works

How the PAP Indicator Works
Bitcoin (BITCOIN) 5 minute chart

Designed for all traders, The PAP Indicator allows setting price ranges with custom alerts to easily activate the required features according to their needs.

Alert Type Settings

  • Average ASK/BID: When this option is set, an alert will normally be raised.
  • ASK only: When the ask price is reached, the alert is triggered.
  • BID only: When the BID price is reached, the alarm will be triggered.
  • Previous Close: The alert is triggered when the previous candle's closing price is reached.

Alarm location settings:

  • Above Price: Set the alert above the candle
  • Below Price: Set the alert below the candle
  • Exactly Price: Set the alarm in the middle of the candle

Alert transmission method settings:

  • Popup: Send an alert as a popup window (if set up and activated)
  • Email: Send alerts as emails (if set up and activated)
  • Push: Send alerts as notifications on mobile devices (if set up and activated)

PAP indicator settings

PAP Indicator Settings
GBP/USD 1 hour chart
  • PriceGoes Above: Set your first alert
  • PriceGoes Below: Set a second alert
  • PriceIs Exactly: Set a third alert
  • NativeAlert: Set popup alert
  • SendEmail: Set email alert
  • SendPush: Set mobile phone notification reminder
  • AlertOnPrice: Set alert type
  • Chart top panel: Set the display on the chart
  • Above Line Color: The color of the above line
  • Below Line Color: The color of the lower line
  • Exactly Line Color: The color of the middle line
  • Above Line Style: Above Line Style
  • Below Line Style: Below Line Style
  • Exactly Line Style: Center line style
  • Above Line Width: Upper line width
  • Below Line Width: Below Line Width
  • Exactly Line Width: Center line width
  • PanelPositionX: Sets the panel position based on horizontal pixels
  • PanelPositionY: Sets the panel position based on vertical pixels
  • Panel position angle: panel position

Conclusion

The Price Alert Panel (PAP) indicator helps traders receive immediate notifications when the price reaches a level of their choice by setting alerts at key price levels within technical analysis .

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