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Price Alerts - MetaTrader 4 Script - MQL5 #10406 ​​- MT4/MT5 Resources

author EAcpu | 4 reads | 0 comments |

The Price Alert MetaTrader indicator emits an audible alert when the price reaches a specific level specified by the trader.

There are three types of alerts:

All alerts are closed when triggered and can be opened again with a new value. If you use the email alerts feature, don't forget to set your email settings in the MetaTrader Platform Options window.

This indicator cannot be used as a trading system and does not generate any signals. You can use it whenever you want to be notified of certain new price levels. You can then use that time to do whatever you want with the market. If you don't want to use some of the input parameters, you can set them to a value of zero.


Attachment download

📎 PriceAlert.mq4 (4.03 KB)

Source: MQL5 #10406

Price Alerts - MetaTrader 4 Script - MQL5 #10406 ​​- MT4/MT5 Resource Usage and Filtering Recommendations

This content can be used as a data entry for foreign exchange EA, indicators, trading systems or quantitative strategies. When reading, it is recommended to make a judgment based on the platform version, trading type, time period, risk control method and historical discussion background. Do not use it directly based on the title or a single point of view.

If the content involves MT4/MT5, ForexFactory, MQL source code, TradingView indicators or strategy discussions, you can give priority to the parameter logic, backtest environment, market stage, execution cost and failure conditions, and then decide whether to continue downloading, reviewing or secondary development.

Risk warning

For any EA, indicator or automatic trading strategy, it is recommended to first conduct historical backtesting, simulation account verification and small capital testing. Grid, Martin, high frequency, recovery and examination strategies especially require setting the account risk upper limit, single variety risk upper limit and manual deactivation conditions.

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