Big Bar Sound Alert Expert Advisor
Info
The Big Bar Sound Alert Expert Advisor is a Expert Advisor for MetaTrader 5 that this expert advisor plays a sound alert when a candlestick's size exceeds a specified value. The bar size can be calculated either as the difference between the ask price and the open price, or as the difference between the high and low prices.
Usage
This tool is typically used for automated trading on major forex pairs and gold.
Platform
This Expert Advisor works exclusively on MetaTrader 5 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL5/Experts folder via File ? Open Data Folder in MetaTrader 5.
How to Install and Use Big Bar Sound Alert Expert Advisor
1. Installation: Open the "File" menu, select "Open Data Folder," navigate to MQL/Experts, paste your file, and restart the terminal.
2. Activation: Drag the EA from the Navigator onto a chart, ensure "Allow live trading" is checked in the Common tab, and verify the AutoTrading button is green.
3. Optimization: Right-click your chart, choose "Expert List," click "Properties" to adjust inputs, and save your preferred setup as a set file for future use.
4. Maintenance: Regularly check the "Experts" tab in the terminal window to monitor trade logs and potential execution errors.
Frequently Asked Questions
Q: Why is my EA not opening trades? A: Check the "AutoTrading" button, ensure "Allow live trading" is enabled, and verify your broker allows automated trading on your account type.
Q: Can I run multiple EAs on one chart? A: No, each chart can only host one active EA; however, you can open multiple charts for different currency pairs to run several EAs.
Q: What does the "smiley face" icon mean? A: A smiley face in the top-right corner of the chart indicates the EA is successfully running; a frowny face means it is disabled.
What this tool does
This Expert Advisor plays a sound alert when a candlestick's size exceeds a specified value.
Typical Use Case
This Expert Advisor excels in automated trading and technical analysis on MetaTrader 5.
Compatible Platform & Setup
This Expert Advisor works on MetaTrader 5. Place the file in the MQL5/Experts folder and restart the terminal.
Description & Settings
Related: Order Watchdog: Account Anomaly Alerts for MT5 - another powerful expert for MetaTrader 5 traders.
This Expert Advisor plays a sound alert when a candlestick's size exceeds a specified value.Also recommended: Telegram Trade Notifier: Real-time Alerts and Daily Summaries - similar expert with strong performance on MetaTrader 5.
The bar size can be calculated either as the difference between the ask price and the open price, or as the difference between the high and low prices. The calculation mode is selectable in the settings.
This EA is designed to work on any timeframe and symbol.
You can specify a timeframe independent of the current chart's timeframe. 'Current' refers to the currently active chart's timeframe.
Parameters:
- timeframe: Select the desired timeframe for monitoring.
- barpoint: Define the minimum bar size in points to trigger the alert.
- sp: Select the method for measuring bar size (e.g., ask-open or high-low).
- wavfile: Specify the name of the sound file (WAV format) to be played.
- showalert: Choose whether to display an additional pop-up alert window.
You may also like: Prop Spread: Time-Weighted Spread Monitor with ATR Context, Alerts, and CSV Logging - excellent alternative for expert users on MetaTrader 5.
Source Code
#property copyright "robotfx"
#property link "https://robotfx.org"
#property version "1.00"
#property strict
#property description "this code is educational. feel free to use, modify and upgrade as you wish. visit robotfx.org for professional trading tools"
#include <trade\symbolinfo.mqh>
enum startpoint {openclose,highlow};
input enum_timeframes timeframe = period_current;
input int barpoint = 200;
input startpoint sp = highlow;.......
⚠ 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.