There is a problem in my opinion: When I set price alert line in one time frame then change time frame price alert line reset to initial position in which indicator was inserted.
It has to stay in set position regardless of changing time frame.
....Just to remind you that regular line one draw on chart stay at same location/price level regardless of time frame and changing timeframe has no effect on its location.
..therefore same has to be for your price alert line indicator.
What about sound for alert ? It is not customizable?

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PriceAlert:
The indicator displays the horizontal line that sets the signal actuating level.
As soon as the price reaches the actuation level, the indicator starts giving alerts or sound alarms.
Author: Nikolay Kositsin