RoundPriceAlert - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources

Statistics prove that the market often reacts to changes in the behavior of price "round levels". Psychologically, a person is ready to change something up to a round number. For example, I started to lose weight on Monday, quit smoking on the 20th, and the transaction was completed at 1.6000.

The RoundLevels indicator was developed for this purpose. It gives signals of price "round number levels" in all historical ranges that determine the price value of the selected currency pair.

The indicator can provide the following signal variants:

Traders can control the signal using the following indicator parameters:

 //+------------------------------------------------+
//|Indicator input parameters|
//+------------------------------------------------+
input boolean On_Push = false ; // push notification input
Input boolean On_Email = wrong ; //Email input
Input boolean alarm on = true ; //alarm input
Input Boolean value play sound = false ; //Sound signal input
input string name file sound = "expert.wav" ; // name of the sound signal
Enter string comment sir name = "Round Price Alert:" ; //First part of alert comment
Enter the unit circle number = 3 ; //The number of zeros in the number
input unit signal pause = 5 ; //interval between signals in minutes

image:

Figure 1 Alert using RoundPriceAlert indicator

Attachment download

📎 roundpricealert.mq5 (4.72 KB)

Source: MQL5 #1475