Category Trend  Published on 23/06/2024

Object Alert tool and chart alert indicator

Description

The Object Alert indicator revolutionizes the way traders interact with their charts. With this powerful tool, users can place alerts on any object drawn on the chart, such as rectangles, horizontal lines, vertical lines, or trendlines. This functionality ensures that you never miss critical price movements or key levels, making your trading more efficient and effective. This powerful tool offers unparalleled control over your trading charts, providing precise alerts exactly when you need them.

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chart alert indicator Key Features:

Customizable Alerts: 

Users can easily set alerts by holding the Shift key and clicking on any object. This action opens the alert settings panel, where you can choose the type of alert—whether it's a price touch or a price crossover.

Object-Based Flexibility: 

The indicator allows you to attach alerts to various chart objects, giving you unparalleled flexibility. Whether you're tracking price action, smart money concepts, order blocks, FVG zones, double tops and bottoms, flag patterns, or triangle patterns, the "Object Alert" has you covered.

Time Frame Specificity:

 One standout feature is the ability to set objects to be visible only on specific time frames. This means you can customize your alerts and objects to align with your trading strategy, focusing only on the most relevant time frames.

User-Friendly Interface: 

Despite its powerful features, the Object Alert indicator boasts a user-friendly interface. Setting up alerts is intuitive and quick, ensuring that even novice traders can take full advantage of its capabilities.

In the final parts of this video, explanations are given about the object alert indicator

How It Works:

  • Setting Alerts: To set an alert, simply draw your desired object on the chart. Hold the Shift key and click on the object to open the alert settings panel. From here, you can configure your alert based on price touch or price crossover criteria.
  • Visibility Settings: Customize the visibility of your objects to specific time frames, ensuring that your chart remains clean and focused on relevant data.

Use Cases:

  • Price Action Trading: Set alerts on key support and resistance levels, trendlines, and patterns to stay ahead of market moves.
  • Smart Money Concepts: Track important zones such as order blocks and FVG areas in ICT, ensuring you’re always aware of institutional activity.
  • Pattern Recognition: Never miss a breakout or reversal with alerts set on flag patterns, triangle patterns, and double tops/bottoms.

With the "Object Alert" indicator, you gain a powerful tool that enhances your trading strategy, providing timely alerts and ensuring you never miss an important trading opportunity. Whether you are a beginner or an experienced trader, this indicator will prove to be an invaluable addition to your trading arsenal.

2024-24-06 updated

Version: 1.5.0


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AlgoCreators's avatar
AlgoCreators

Joined on 16.01.2022

  • Distribution: Paid
  • Language: C#
  • Trading platform: cTrader Automate
  • File name: Object Alert ctrader.algo
  • Rating: 5
  • Installs: 0
  • Modified: 23/06/2024 23:58
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