TrendLineAlert - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
The indicator displays a sloping trendline setting signal drive levels.
During the first launch of the indicator, the driving levels are gray and inactive. When traders change their position on the chart, it becomes active and turns red.
Once the price reaches a driving level, the indicator will start sounding an alert or sounding an alarm.
After the price crosses this level, the indicator will issue an alert on each price move until the signal limit defined by the AlertTotal external variable is reached. Thereafter, the driving level line will turn gray and become inactive until the trader repositions it to the desired level again.
Indicator input parameters:
Attachment download
📎 trendlinealert.mq5 (10.77 KB)
Source: MQL5 #661
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