Margin Level Notifier

The Margin Level Notifier is a simple but a very useful and reliable Indicator which notifies you in case of a small Margin Level to avoid a sudden margin call and a risky high draw down. The Indicator does not trade, it is intended to monitors your account. Does the margin level of your drop under a preset minimal level, the Indicator sends immediately notifications per email, per push on your smartphone and per popup with audio alarm in your MetaTrader. The Indicator can be attached to any chart with any symbol and any time frame. It is also possible and intended that the indicator is attached several times with different minimal margin levels to the same chart to get as soon as possible an overview of your endangered accounts in case of a high draw down. In detail the Margin Level in this Indicator is calculated as ‘Account Equity’ / ‘Account Margin’.

Advantages over other Margin Level Notifiers

There exist also other different margin level notifiers on the market, but none of them met my needs which I implemented in this Indicator. As for example the simple and useful possibility to attach it several times to the same chart, at which it is automatically arranged by the Indicator. A further unique setting is the possibility to disable the notifications for a specific time (default: 5 Minutes) to avoid to get many senseless and annoying messages due to a fluctuation of the margin level. In addition you can set to be notified, if the margin level is again over the specified minimal margin level.


Input Parameters

Notification Settings

  • Notify at Margin Level (ML) - Default: 100
  • Switch off Notifier after ML was reached (in Minutes) - Default: 5
  • Switch off Notifier after ML was cleared (in Minutes) - Default: 5
  • X in Percent (After ML was reached, clear above ML + X of ML) - Default: 5
  • Popup Notification
  • Push Notification
  • Email Notification
  • Sound Notification
  • Send "Alert Cleared" - Send a notification, if the margin level is again over the specified minimal margin level
  • Choose Position of Visual Information by Indicator - Choose position of information automatically in the top left corner of a chart
  • Position of Visual Information - Choose position of information manually in the top left corner of a chart


Responsibility

The Developer is not responsible for any loss, damage and missed profit caused by the Margin Level Notifier.

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Utilities
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" Trader Evolution " - A utility designed for traders who use wave and technical analysis in their work. One tab of the utility is capable of money management and opening orders, and the other can help in making Elliott wave and technical analysis. Manual (Be sure to read before purchasing) | Version for MT5 Advantages 1. Trading in a few clicks. Immediate and pending orders are available in the panel 2. Money management. The program automatically selects the appropriate lot size 3. Simplifies
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Auto Trade Copier is designed to copy trades to multiple MT4, MT5 and cTrader accounts/terminals with 100% accuracy. The provider and receiver accounts must be on the same PC/VPS. With this tool, you can copy trades to receiver accounts on the same PC/VPS. All trading actions will be copied from provider to receiver perfectly. This version can be used on MT4 accounts only. For MT5 accounts, you must use Auto Trade Copier for MT5 . Reference: - For MT4 receiver, please download Trade Receiver Fre
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