This video will show forex traders how to set audible forex price alerts on the metatrader charting platform. This will allow traders to monitor any currency pair for price breakouts or trend continuations after consolidation phases. First, a trader should locate a trend on the larger time frames for a trend continuations or breakout point. Then you locate the breakout point on the short term support or resistance levels on the smaller time frames, like the M5 and M15 time frame.
Next, traders can set an audible forex price alert at the short term levels to intercept the next price movement. Then the video will illustrate the mechanics of setting the price alerts for any pair. When the price in the alert is hit, the audible alert will notify you of the price breach on your desktop, and it can also be delivered by email to your email box or mobile device. Then you can check The Forex Heatmap® to verify the trade entry. This is one of our alert systems, we have several forex alert systems so you always know when the forex market is moving.