price alert mt5
Info
The price alert mt5 is a Indicator for MetaTrader 5 that the indicator is equipped with a control panel that lets you quickly set alert price, levels, and types. input parameters main pricegoesabove(default = 0.
Usage
This tool is typically used for enhancing chart analysis and decision making.
Platform
This Indicator works exclusively on MetaTrader 5 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL5/Indicators folder via File ? Open Data Folder in MetaTrader 5.
How to Install and Use price alert mt5
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
the indicator is equipped with a control panel that lets you quickly set alert price, levels, and types.
Typical Use Case
This Indicator excels in automated trading and technical analysis on MetaTrader 5.
Compatible Platform & Setup
This Indicator works on MetaTrader 5. Place the file in the MQL5/Indicators folder and restart the terminal.
Description & Settings
Related: Quantora Candle Strength Analyzer MT5: Price Action and Wick Analysis - another powerful indicator for MetaTrader 5 traders.
Also recommended: SMC Order Block Detector with Alert for MT5 - similar indicator with strong performance on MetaTrader 5.
the indicator is equipped with a control panel that lets you quickly set alert price, levels, and types.input parameters main
pricegoesabove
(default = 0.0) — if price goes above this value the alert will be triggered.
pricegoesbelow
(default = 0.0) — if price goes below this value the alert will be triggered.
priceisexactly
(default = 0.0) — if price is exactly at this value the alert is triggered.
nativealert
(default = false) — if true, the indicator will issue a native platform alert (popup window with a sound).
sendpush
(default = false) — if true and the correct metaquotes id settings are set in the metatrader options window, the indicator will issue a push notification alert to your mobile device.
alertonprice
(default = normal ask/bid) — defines the price type for the alerts to use: normal ask/bid, only ask, only bid, or close of the previous candle.
panelontopofchart
(default = true) — if true, the panel will be drawn on foreground, and the chart will be drawn as background. setting it to false will uncover the chart behind the panel. lines
above line color
(default = clrgreen) — color of the above line.
below line color
(default = clrred) — color of the below line.
exactly line color
(default = clryellow) — color of the exactly line.
above line style
(default = style_solid) — above line style.
below line style
(default = style_solid) — below line style.
exactly line style
(default = style_solid) — exactly line style.
above line width
(default = 1) — above line width.
below line width
(default = 1) — below line width.
exactly line width
(default = 1) — exactly line width. position
panelpositionx
(default = 0) — default horizontal distance from the selected panel position corner.
panelpositiony
(default = 15) — default vertical distance from the selected panel position corner.
panelpositioncorner
(default = corner_left_upper) — default panel position corner
You may also like: Spread Monitor Panel: Live Spread and Spike Alerts - excellent alternative for indicator users on MetaTrader 5.
Source Code
яю//+------------------------------------------------------------------+
#property copyright "RobotFX"
#property link "https://robotfx.org"
#property version "1.04"
string Version = "1.04";
#property strict
#property indicator_plots 0
#property description "Educational code - RobotFX www.robotfx.org"
#property description "Educational code - RobotFX www.robotfx.org"
#property description "Educational code - RobotFX www.robotfx.org".......
⚠ 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.