Alot of times, maybe due to work or school or the kids, traders tend to miss that perfect set-up price, that particular price which they have been aiming for an entry or exit from the market, It might even be a case of wanting to know when the market reaches a certain price because of your trailing stops. Unless in a case where the trader decides to seat with his PC or Mobile 24/5, the trader will surely tend to miss those price which he/she has been waiting for.
The programmers at Metaquotes took these in mind and created “ALERTS” for PC MT4/MT5 and “Push Notification” for Mobile MT4/MT5.
Step 1: Open the MetaTrader 4/5 Terminal window, then click on “Alerts” tab
Log in to MT4/MT5, Press CTRL+T on your keyboard to open the Terminal window located at the bottom of the MT4/MT5 platform, then click on the Alerts tab.
Step 2: Create Price Alert.
While at the alert window, right click, then select ” Create”. Once “Create” has been selected, it will open the price alert settings window as displayed above:
Then select your preferred Instrument, select the condition and insert the price(Value). After which you click Ok.
Your Alert has been Set. Once the Instrument’s market price reaches the Alert price you set, it rings out loud to notify you.