4/4/25, 11:41 AM Price Alert — MetaTrader Indicator
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EarnForex Software MetaTrader Indicators Price Alert
Price Alert
Price Alert MetaTrader indicator — can issue any type of alert when the price reaches certain levels set by
a trader. There are three types of price levels: the first one is used when the price rises above certain level
(displayed with the green line on the chart), the second one is used when the price falls below certain level
(displayed with the red line on the chart), and the third one is used when the price reaches the certain
level exactly (displayed with the yellow line). Three alert types include: native (popup), email, and push-
notification. For email and push-notification alert features to work, you need to set up the email or
MetaQuotes ID settings in your MetaTrader platform options window. The indicator is available for both
MT4 and MT5.
The indicator is equipped with a control panel that lets you quickly set alert price, levels, and types.
Input parameters
Main
PriceGoesAbove (default = 0.0) — if price goes above this value the alert will be triggered.
PriceGoesBelow (default = 0.0) — if price goes below this value the alert will be triggered.
PriceIsExactly (default = 0.0) — if price is exactly at this value the alert is triggered.
NativeAlert (default = false) — if true, the indicator will issue a native platform alert (popup window
with a sound).
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SendEmail (default = false) — if true and the correct email settings are set in the MetaTrader options
window, the indicator will issue an email alert.
SendPush (default = false) — if true and the correct MetaQuotes ID settings are set in the MetaTrader
options window, the indicator will issue a push notification alert to your mobile device.
AlertOnPrice (default = Normal Ask/Bid) — defines the price type for the alerts to use: normal Ask/Bid,
only Ask, only Bid, or Close of the previous candle.
Lines
Above Line Color (default = clrGreen) — color of the above line.
Below Line Color (default = clrRed) — color of the below line.
Exactly Line Color (default = clrYellow) — color of the exactly line.
Above Line Style (default = STYLE_SOLID) — above line style.
Below Line Style (default = STYLE_SOLID) — below line style.
Exactly Line Style (default = STYLE_SOLID) — exactly line style.
Above Line Width (default = 1) — above line width.
Below Line Width (default = 1) — below line width.
Exactly Line Width (default = 1) — exactly line width.
Position
PanelPositionX (default = 0) — default horizontal distance from the selected panel position corner.
PanelPositionY (default = 15) — default vertical distance from the selected panel position corner.
PanelPositionCorner (default = CORNER_LEFT_UPPER) — default panel position corner.
Example
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4/4/25, 11:41 AM Price Alert — MetaTrader Indicator
This indicator cannot be used as a trading system and it isn't generating any signals on its own. You can
use it whenever you wish to be notified of some new price levels. Then you can use the moment to do
whatever you want with the market. You can set an alert level value to zero to ignore a specific type of
price level alert.
Download (ver. 1.05, 2025-03-28)
Price Alert is being developed via a dedicated GitHub repository. You can actively participate in the
improvement of this indicator by submitting your own features via pull-requests and by reviewing existing
suggestions, changes, fixes, and so on.
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Price Alert for MetaTrader 4 in .mq4
Download
Price Alert for MetaTrader 4 in .zip
Download
Price Alert for MetaTrader 5 in .mq5
Download
Price Alert for MetaTrader 5 in .zip
Download
Legacy version downloads
If you prefer to use the old version of the Price Alert indicator, you can download the legacy version. The
legacy version lacks the panel and most of the features of the current version.
Legacy Price Alert for MetaTrader 4 in .zip
Download
Legacy Price Alert for MetaTrader 4 in .mq4
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4/4/25, 11:41 AM Price Alert — MetaTrader Indicator
Download
Legacy Price Alert for MetaTrader 5 in .zip
Download
Legacy Price Alert for MetaTrader 5 in .mq5
Download
Discussion
Warning!
If you do not know how to install this indicator, please read the MetaTrader
Indicators Tutorial.
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Do you have any suggestions or questions regarding this indicator? You can always discuss Price Alert with
the other traders and MQL programmers on the indicators forum.
Changelog
1.05 — 2024-03-28
Changed how alerts are enabled and disabled: the respective buttons now control the alerts
independently of the price values, triggering an alert now keeps the alert type checkboxes intact and
only unpresses the respective button, and moving the line around when the alert has been disabled will
re-enable it.
Fixed panel display on high-DPI screens in the MT4 version of the indicator.
Removed the PanelOnTopOfChart parameter. This should be controlled via the chart's properties.
1.04 — 2021-12-30
Added a switch for the type of price used for alerts. It can be either: normal Ask/Bid (as before), Ask
price only, Bid price only, or previous candle's Close.
Changed alert buttons to work both ways — clicking it a second time will disable that alert.
Fixed panel sizing and positioning on high-DPI screens.
Fixed checkboxes de-ticking automatically after you tick them if there was already an alert event.
Fixed panel's operation when accidentally deleting a line.
1.03 — 2020-11-19
Fixed second panel cleanup.
1.02 — 2020-07-20
Indicator remade completely to add a control panel.
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1.01 — 2011-10-19
Dragging the lines on chart will now change the alert levels.
1.00 — 2009-04-27
Initial release of the indicator.
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