Price Line Alert is an indicator that can notify you when the price hits prices that you consider important. MT4 Price Line Alert indicator sends notifications to your mobile App, email or just to the screen.
Price Line Alert is an indicator for MetaTrader 4 that allows you to configure multiple levels of alert.
Assume that you want to be notified when the price goes above a level of resistance, below a level of support, or if it hits any price that you consider important. With Price Line Alert for MT4, you can get informed of such events.
MetaTrader 4 offers a very limited price alert facility out of the box, so if you integrate this indicator with your MT4 platform, it will really help you.
The indicator is called Price Line Alert because it draws alert levels as horizontal lines on the chart. This allows you to spot them easily.
Price Line Alert indicator is a very simple tool, but at the same time, it is very useful to a trader. With a few clicks, you will be able to configure notifications and receive alerts when the price hits some selected values.
Its features include:
Although the indicator is quite feature-rich, its interface is kept as simple as possible. Hovering over a section of it will show its function.
You can set several alerts and receive notifications at different prices. The colored horizontal lines on the chart are the representation of all the levels, so that they are easy to see.
There are three types of notifications: popup on screen (with a sound), email, and mobile app (push-notifications). Please note that it is a prerequisite for email and app notifications that you configure the email section and the notifications section in the MetaTrader options.
You can create "dormant" levels and leave them disabled until you need them. These levels are of the color gray on the chart, meaning that they are not active.
You can specify a different comment for each level. This way, you can remember what is the notification for.
You can download the indicator for free using the link below and install it by following the provided instructions.
The installation is very easy to perform. The same is true for using this tool.
Once you run the indicator you can set the parameters. You can select the looks of the lines and how to receive notifications.
To install MT4 Price Line Alert Indicator, please follow the instructions below:
For more detailed instructions on how to perform the installation please visit this article.
You can open a trading account with any of the MT4 Forex brokers to freely use the presented here indicator for MetaTrader 4.