The price alert line Forex indicator is a handy tool that notifies you when price reaches your predetermined target price.
The indicator consists of a horizontal line that can be moved freely on the MT4 chart.
How it works
Simply grab the horizontal price alert line with your mouse and move it to the desired target price.
The indicator will alert you when price reaches your desired price level with a popup alert.
Please note, the indicator itself does not generate any buy or sell signals.
Feel free to explore the price alert indicator’s different parameters and settings to create your own personalized indicator price alert indicator.
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Price Alert Line Forex Indicator Chart
Here’s an example of how the indicator should look like when loaded onto the Metatrader 4 chart.
This indicator works for any currency pair and time frame of your preference.
Finding Buy and Sell Triggers With The Price Alert Line Forex Indicator
Use this indicator together with an existing trading system, strategy or price action method.
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Popup window, sound, colors, width, style.
The indicator can’t be used as a stand-alone signals indicator.
- Trading oscillators (MACD, Stochastic, DeMarker,…)
- Trend indicators (Moving Average, Bollinger Bands, ADMI, Parabolic SAR,…)
- Price action methods and techniques
More Info About This Indicator
Tradable Currency pairs: Any
Trading Platform: MT4
Time frames: M1, M5, M15, M30, H1, H4, D1, W1
Indicator Type: price alerts
Copy and paste the indicator in the MT4 indicators data folder.
Then restart the MT4 terminal and attach it to any chart.