Сигнальный индикатор Real alert TL
Many traders use the trendline in their trading strategy. Trend trading is a proven way to make effective money in the market. Splitting the trendline allows the investor to open a trading position at the very beginning of the nascent move in the opposite direction. Just building a trendline is not a problem. Just get the right skills. But in order for the market entries to be optimal and bring the trader a good profit, it is necessary to constantly monitor the location of the price of the trading instrument in relation to the trend line. But it is difficult, and not always possible. The True TL Alert was created to make it easier for the trader to solve this problem. This will emit when the price touches or breaks the trendline. This means that even if the trader is distracted in the trading process, he will not miss the favorable market situation to open a trading order.
I want to point out that the True TL Alert indicator only works with the trendlines you have built. To do this, you need to use the tool that is located in MT4. It’s called “Drawing a Trendline.”
True TL Alert
If you open pointer parameters, you can see that there are many:
With these parameters you can adjust the indicator, as it is called, to yourself.
Break_Alert_After_Close and Break_Alert_Before_Close – these parameters allow the trader to choose on what condition the indicator should signal the division of the trendline. There are two options: when the cutting candle is closed or when a failure occurs. If you want to receive a trendline that touches the fixed asset price, you must enable the Touch_Alert.
There are other options. You can specify the number of points between the price and the trendline on the indicator when it sends a signal.
Several lines can be displayed in the price chart. If you want the pointer to track all built lines, you need to activate the All_TrendLine_Alert. And if you are interested, only one of the lines, you need to specify its number by line High_TL_Name.
Be sure to turn on the beep so you don’t miss an important market event. There is Sound_Alert option.
How to use True TL Alert
Everything is quite simple. If the market situation arises, a blue or red circle will appear in the corner of the chart. This will signal the possibility of opening a buy or sell transaction.
True TL Alert is just an additional trading tool. This facilitates the trader’s market analysis.
Download indicator can be found here:
Record Signal Indicator True TL Alert first appeared Magazine for Forex traders | forex-for-you.ru.