Set alerts to run a program
Others (PC)
Others (PC)
This article was :
published
updated
MetaTrader 4 (MT4) and MetaTrader 5 (MT5) offer various alert settings. You can configure alerts to trigger a specified program based on specific times, prices, or order sizes exceeding a defined value. Any program can be selected, such as launching an internet browser. Note that alerts function only while MT4/MT5 is running.
Here we will look at how to set up the alerts to run a program on MT4/MT5.
| Related articles: | Set email alerts |
| Set sound alerts | |
| Set push notification alerts |
Switch between MT4/MT5 tabs to check the steps for each.
Step 1
Click the "Alerts" tab of the Terminal and right-click in the tab.
Step 2
Select "Create" in the context menu.
Step 3
Check the "Enable" box and select "File" in the "Action" field.
Step 4
Click the "..." button to the right of the "Source" field and specify the program you wish to launch when the conditions are met. When no program is specified, the MT4 installation folder will open.
Click "Test" to check the program
You can test launching the program by clicking the "Test" button. However, you cannot test opening the MT4 installation folder while the Source field is empty.
Step 5
Configure the alert settings and click "OK".
|
Number |
Item name |
Descriptions |
|---|---|---|
|
1 |
Expiration |
Specify the expiration time for the alert. To set the expiration time, check the box and enter the date and time or choose them by clicking the calendar symbol. |
|
2 |
Symbol/Condition/Value |
Specify the symbol, condition, and price for the alert.
Bid <: Notify when the bid price of the symbol goes below the specified price.
Bid >: Notify when the bid price of the symbol goes above the specified price.
Ask <: Notify when the ask price of the symbol goes below the specified price.
Ask >: Notify when the ask price of the symbol goes above the specified price.
Time =: Notify at the specified time. Set the value as "HH:MM".
|
|
3 |
Timeout |
Set a time interval for the alert to avoid repetitive triggers. For example, if the interval is set to 10 seconds, no additional alert will be triggered within that period, even if the condition is met again. |
|
4 |
Maximum iterations |
Set the number of times to repeat the program. Enter or select the number from the pull-down menu. |
|
Number |
Item name |
Descriptions |
|---|---|---|
|
1 |
Expiration |
Specify the expiration time for the alert. To set the expiration time, check the box and enter the date and time or choose them by clicking the calendar symbol. |
|
2 |
Symbol/Condition/Value |
Specify the symbol, condition, and price for the alert.
Bid <: Notify when the bid price of the symbol goes below the specified price.
Bid >: Notify when the bid price of the symbol goes above the specified price.
Ask <: Notify when the ask price of the symbol goes below the specified price.
Ask >: Notify when the ask price of the symbol goes above the specified price.
Time =: Notify at the specified time. Set the value as "HH:MM".
|
|
3 |
Timeout |
Set the time interval for running the program. |
|
4 |
Maximum iterations |
Set the number of times to repeat the program. Enter or select the number from the pull-down menu. |
Step 6
You will see the alert you have set in the "Alerts" tab.
Once the alert is finished, the pause icon will appear on the alert.
Step 7
To edit the alert settings, right-click on the alert and select "Modify" in the context menu. You can also select "Delete" if you wish to remove the alert, or "Enable On / Off" to disable it temporarily.
Step 1
Click the "Alerts" tab of the Toolbox and right-click in the tab.
Step 2
Select "Create" in the context menu.
Step 3
Check the "Enable" box and select "File" in the "Action" field.
Step 4
Click the "..." button to the right of the "Source" field and specify the program you wish to launch when the conditions are met. When no program is specified, the MT5 installation folder will open.
Click "Test" to check the program
You can test launching the program by clicking the "Test" button. However, you cannot test opening the MT5 installation folder while the Source field is empty.
Step 5
Configure the alert settings and click "OK".
|
Number |
Item name |
Descriptions |
|---|---|---|
|
1 |
Expiration |
Specify the expiration time for the alert. To set the expiration time, check the box and enter or select the date and time. If you don't want to set it, put an X mark in the box. |
|
2 |
Symbol/Condition/Value |
Specify the symbol, condition, and value for the alert. |
|
3 |
Timeout |
Set a time interval for the alert to avoid repetitive triggers. For example, if the interval is set to 10 seconds, no additional alert will be triggered within that period, even if the condition is met again. |
|
4 |
Maximum iterations |
Set the number of times to repeat the program. Enter or select the number from the pull-down menu. |
Step 6
You will see the alert you have set in the "Alerts" tab.
Once the alert is finished, the bell icon will change to a check mark.
Step 7
To edit the alert settings, right-click on the alert and select "Modify" in the context menu. You can also select "Delete" if you wish to remove the alert, or "Disable" to disable it temporarily.
Was this article helpful?
No
Yes
0 out of 0 people found this article helpful.
Thank you for your feedback.
Send
