Trendline Alarm Indicator

Does anyone have, or know where to get, an indicator for MT4 that will sound an alarm whenever the price crosses a manually drawn trendline? I’m afraid something like this is [I]way [/I]beyond my programming ability. :slight_smile:

I’ve checked all my usual sources but can’t find anything that will do this. I’m demo testing a new system and this would make it a lot easier. :slight_smile:

It never fails! I search for over an hour and can’t find what I need, but 2 minutes after posting this I find one. :slight_smile:

If anyone else needs a trendline alert indicator here it is…

Tline alert.zip (1.92 KB)

2 Likes

just what i have been looking for, thanks!

Hi phil, so how do i install this soft on my terminal.

It goes in the “experts\indicators” folder on your MT4 installation. On my computer the entire path is “C:\Program Files\Interbank FX Trader 4\experts\indicators.”

ok phil. Thanks! so how do i start using it.

Add it to your chart just like any other indicator and it will draw a trendline on your screen.

Just place that trendline like any other and an alarm will go off when price gets close to it.

Alright. Thanks phil! i will give it a try later. I dont have a speaker right now. Thank you once more.

One question: doesn’t it disturb your sleep? If you were to suddenly woke up by the alarm, and rush over to your terminal, would it rush in bad trades? not enough sleep, etc…?

The alarm disturbing my sleep is kind of the point. :smiley:

But seriously… I don’t have a set sleeping schedule. Since I trade 4H timeframes I can look at my charts and have a pretty good idea if there won’t be any good trading opportunities for 4-8 hours or more. If that’s the case, I go to sleep. :slight_smile:

And if I really want to sleep undisturbed I just turn my alarms off. A few missed trades aren’t going to hurt anything, but I rarely get woken up to my alarms anyway, since I sleep during the times there are no trade setups.

Erratic sleeping during the week does mess with your weekends though. It’s 3:50 am where I live right now. :slight_smile:

New Orleans timezone!! hmmmm, how do you fit into your life? I suppose you have a partner and stuffs to do when it’s daylight kind of thing?

It’s almost 8pm here, maybe I will get some dinner and probably head off to sleep~

Yeah, I have a wife and 3 kids. They get home around 4pm, so I be sure and be awake from then until about 10pm when they go to bed.

Other than them there’s really nothing I have to do during the daytime that can’t be done at night. :slight_smile:

hmmmmm, I need a bit more time before I can have such freedom!!

Thanks a looot everyone!!! this is one thing that i’ve been looking for for ages, coz i use andrews’ pitchfork as my main tool. Now i don’t have to stick to my PC all day&night long.