Alarm at specific price level

Hi there,

I would like to know if there is a method to place an alarm at specific price level. For example I use TOS platform but they have very lousy alarm setting. Setting it takes to much time and there is only one short beep when preset level is reached. Is there any such indicator for MT4 or maybe some other on-line program,software…

It would be very nice to have such a thing so I would not have to be sitting in fron of the computer and watching a screen all day.

The easiest way would be if you could put a horizontal line in the chart and then when the price reach this line the trigger goes on. Possible?

thanks for help

regards

Tomaz

There isn’t really an indicator for what you are looking for, but MT4 does have a builtin alert system. At the bottom of the terminal window there is an ‘Alert’ tab next to ‘Account History’, click the tab right click in the window and create a new alert.

Hope that’s what you are looking for.

Thanks. I had this window closed so I did not see this option. One more question, what does timeout mean? You can set timeout for example 60 seconds, does that mean that after 60 seconds this alarm is not valid anymore?

thanks