Forex Videos

This video tutorial is on setting up alerts in Metatrader platform. We use alerts to tell us when the currency has reached a certain price we have been watching for. We can use alerts for different things as well. The first thing we need to do is to determine the place where we need to have an alert. For example if we anticipate the currency will drop from 99.40 to 98.50 and when that happens we like to take a trade and go long. So we create an alert for 98.55 telling us when it reaches that price.
In your options box, select email tab. You need to find out your SMTP Server settings. Then you need to specify email address to receive email alerts. You can also receive sms message to your mobile phone. You need to find out your cell phone's email address. Now we need to go to our terminal window. We then select alert tab to specify create. Once this pops up, we specify action like sending email, currency pair, condition for price. Once price hits that level we will be notified by email.