RDS2689 Signal Alerts Indicator
Info
The RDS2689 Signal Alerts Indicator is a Indicator for MetaTrader 4 that this indicator will display the price of pivot points on the trading chart, ranging from price support 6 to price resistance 6. When prices change or pass one of the pivot price levels, the indicator will provide alerts, including message alerts, sound alerts, and/or email alerts.
Usage
This tool is typically used for enhancing chart analysis and decision making.
Platform
This Indicator works exclusively on MetaTrader 4 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL4/Indicators folder via File ? Open Data Folder in MetaTrader 4.
How to Install and Use RDS2689 Signal Alerts Indicator
1. Installation: Place your file in the MQL/Indicators folder via "Open Data Folder" and restart your terminal.
2. Loading: Find the indicator in the Navigator, drag it onto your chart, and configure the input parameters in the popup window.
3. Customization: Press Ctrl+I to open the indicator list, select your tool, and click "Properties" to change colors, levels, or visual styles.
4. Updating: Replace the old file in the Indicators folder with the new version and restart the platform to apply changes.
Frequently Asked Questions
Q: Why is my indicator not showing? A: Verify the file is in the MQL/Indicators folder, or try right-clicking the "Indicators" tree in the Navigator and clicking "Refresh."
Q: Do custom indicators slow down the platform? A: Too many complex indicators can impact performance; remove unused ones via the "Indicator List" (Ctrl+I).
Q: Can I use MT4 indicators on MT5? A: No, MQL4 and MQL5 are distinct languages; ensure the indicator is compiled specifically for your platform version.
What this tool does
This indicator will display the price of pivot points on the trading chart, ranging from price support 6 to price resistance 6.
Typical Use Case
This Indicator excels in automated trading and technical analysis on MetaTrader 4.
Compatible Platform & Setup
This Indicator works on MetaTrader 4. Place the file in the MQL4/Indicators folder and restart the terminal.
Description & Settings
Related: williams b indicator: a multidimensional approach to trading signals - another powerful indicator for MetaTrader 4 traders.
This indicator will display the price of pivot points on the trading chart, ranging from price support 6 to price resistance 6.Also recommended: awesome signal - enhanced trading indicator - similar indicator with strong performance on MetaTrader 4.
When prices change or pass one of the pivot price levels, the indicator will provide alerts, including message alerts, sound alerts, and/or email alerts.In addition, the indicator will also provide a day level signal and a day prime signal, which represent the price trend on that day and at that time.
You can also choose to display horizontal lines, which consist of the open price today, highest price today, lowest price today, mid price today, pivot price today, and a Fibonacci retracement line level that adjusts itself according to the last price change.
This indicator can be used on all timeframes.
Key features include:
- Pivot point price display
- Alerts for price changes and pivot level crossings
- Day level signal and day prime signal
- Optional horizontal line display
- Compatible with all timeframes
You may also like: signal direction probability indicator - excellent alternative for indicator users on MetaTrader 4.
Source Code
#property copyright "robotfx"
#property link "https://robotfx.org"
#property indicator_chart_window
#property indicator_buffers 5
extern string rds2689signalalerts="copyright 2013 3rj ~ roy philips-jacobs";
extern bool msglevelalerts =true;
extern bool soundalertslevel=true;
extern bool emaillevelalerts=false;
extern string soundalertfile="alert.wav";
extern bool drawhline=true;.......
⚠ Limitations & Risk Warning
- This tool is provided for educational and testing purposes only.
- Past performance does not guarantee future results.
- Trading involves substantial risk of loss. Use on a demo account first.
- Results may vary depending on market conditions, broker, and settings.
- We recommend thorough backtesting and forward testing before using with real funds.