![]() Precision Trading Tools |
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The FX AlgoTrader Trendline Alert module for Metatrader MT4 provides traders with a fully configurable trendline alert system. This system is the baby brother of the FX AlgoTrader Trendline AutoTrade automated trading expert advisor- with the exception that it does not execute real-time trades. The system alerts traders with a trader defined alert sound when price action is within a specified proximity (or pip threshold) of any trendline. The Trendline Alert system can be configured to scan for generic trendlines or for trendlines which the trader has specifically named or defined. The FX AlgoTrader Trendline Alert system allows traders to significantly reduce screen time waiting for trade opportunities to develop. The system can easily be configured to monitor price action for any technical support and resistance patterns such as:-
Advantages of using an automated trendline/SR alert system:-
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Trendline Alert Introductory Video
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RISK DISCLOSURE The products on this site are trading tools and are not intended to replace individual research or licensed investment advice. Past performance does not guarantee future results. Trading currencies involves substantial risk, and there is always the potential for loss. No representation is being made that these products will guarantee profits or not result in losses from trading. Any explanation or demonstration of the product's operation should not be construed as a trade recommendation or the provision of investment advice. The purchase or sale of a currency can only be performed by a licensed Broker/Dealer.
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