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Free alert-upgrade guide

MT4 and MT5 Indicator Alert Requirements Checklist

The signal, timing, channel and duplicate-control decisions needed before adding reliable alerts to an existing MetaTrader indicator.

The checklist

  1. 1

    Editable source

    Provide the authorized MQ4 or MQ5 file plus every non-standard include required to compile it.

  2. 2

    Exact trigger

    Name the indicator buffer, price comparison, object state or calculation that creates the alert.

  3. 3

    Bar timing

    Choose the forming bar, last closed bar or a configurable option and state when the condition is evaluated.

  4. 4

    Direction and state

    Define bullish, bearish and neutral transitions independently so that state changes are unambiguous.

  5. 5

    Alert channels

    Choose popup, push, email, sound, chart marker or an explicitly bounded combination.

  6. 6

    Message fields

    List the symbol, timeframe, direction, price, indicator value and timestamp fields that must appear.

  7. 7

    Duplicate control

    Specify once per bar, once per state change, cooldown seconds or whether repeated alerts are allowed.

  8. 8

    Reset behaviour

    Define when the alert may become eligible again after the condition turns false or the timeframe changes.

  9. 9

    Reference cases

    Provide one chart where an alert must fire and one visually similar case where it must remain silent.

  10. 10

    Delivery test

    Confirm which terminal build and channel settings will be used to verify the modified source.

Common questions

Can push, popup, email and sound alerts all be added?

Yes when the exact trigger and channels are agreed. Push and email delivery also require correct MetaTrader, device and mail settings outside the indicator source.

Can an EX4 or EX5 file be modified without source code?

No. A lawful modification requires editable MQ4 or MQ5 source. Protected files are not decompiled.

Can the alert be limited to one signal per closed bar?

Yes. Closed-bar evaluation, once-per-bar gating, state-change detection and configurable cooldowns are normal bounded options.

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Trading risk disclosure

Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing one's financial security or lifestyle. Only risk capital should be used for trading, and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.

Hypothetical performance disclosure

Hypothetical performance results have many inherent limitations. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. There are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. Hypothetical results are generally prepared with the benefit of hindsight, do not involve financial risk, and cannot completely account for the impact of financial risk in actual trading. Market conditions, the ability to withstand losses, and adherence to a trading program can all materially affect actual results.

NinjaTrader trademark disclosure

NinjaTrader® is a registered trademark of NinjaTrader Group, LLC. No NinjaTrader company has any affiliation with the owner, developer, or provider of the products or services described herein, or any interest, ownership or otherwise, in any such product or service, or endorses, recommends or approves any such product or service.

Testimonials, when shown, may not represent the experience of other clients and are not a guarantee of future performance or success. Virtual-currency trading carries additional risks. See the CFTC customer advisories. Read the full financial risk disclaimer.