Price Alert Line Indicator MT4
- Indicators
- Version: 1.70
- Updated: 30 January 2026
- Activations: 20
The "One-Click" Breakout Monitor
Never Miss a Breakout Again.
Price Alert Line is designed for traders who need speed and simplicity. Instead of navigating complex menus to set price alerts, this tool places a button directly on your chart. With a single click, you can deploy a horizontal line that monitors price action and alerts you immediately when the price crosses it.
New Feature (Smart UI): The control buttons now automatically adapt to match your line colors. If you set your resistance line to Red, the button turns Red. If you set support to Blue, the button turns Blue. Instant visual clarity.
Key Features
1. One-Click Deployment A convenient button allows you to instantly draw or delete the alert line. No right-clicking, no typing prices.
2. Smart Placement When you click "Draw Line", the indicator automatically places the line at the Open Price of the current 5-Minute Candle. (You can then drag it anywhere you want).
3. Instant Audio Alerts You will hear a sound alert immediately when the Bid price crosses the line (Up or Down).
4. Dual Line Capability Need to bracket price? Enable the Second Alert Line in settings. You will get two independent buttons on your screen to monitor Support and Resistance simultaneously.
5. Smart Visuals The buttons are color-coded to match their specific lines. You always know exactly which line you are controlling.
Input Parameters
Alert Settings
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Alert Sound File: The name of the .wav sound file to play (e.g., "alert2.wav").
Line 1 Settings (Bottom Button)
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Line Color: Color of the horizontal alert line.
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Note: The control button will automatically match this color.
Line 2 Settings (Top Button)
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Show Second Button?: Set to true to enable a second independent alert line.
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Line 2 Color: Color of the second alert line.
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Note: The second button will automatically match this color.
Button Layout
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Button Text: Customize the "Draw" and "Delete" labels.
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Button Text Color: Color of the text inside the button.
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Button X / Y: Adjust the position on the screen to fit your template.
How It Works
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Draw: Click the button. A line appears instantly.
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Monitor: The indicator watches the price on every tick.
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Alert: If price touches the line, the sound plays.
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Reset: Click the button again (now labeled "Delete Line") to remove it.
Trading Scenario
You see a resistance level at 1.0550. You don't want to stare at the screen for hours. Simply click "Draw Line", drag it to 1.0550, and go get a coffee. When the price hits it, the alarm sounds, and you rush back to trade the breakout.
