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Hello guys!
This is new version of trend line alert indicator.

It have trend line dashboard that helps you to draw four types of trend lines ( highest price level, lowest price level, ascending lines, descending lines ) of every time frame
trendlines indicator dashboard

Every trend line have popup tool tip with time frame of the trend line just point your mouse cursor and the tool tip will appear
trendlines indicator markup

The indicator will alert you with sound, alert window, push smartphone notification, mail alert about touching any trend lines or horizontal lines on a chart with BUY/SELL signal, pair, timeframe, price info and arrow on a chart.

Since now this indicator have email alerts with chart screenshots of the setups it helps to check the market condition to validate money making opportunity without opening trading terminal.

Premium Features

Pro Edition
πŸ’‘ All filters and features can be mixed and enabled freely to create your unique signal validation strategy. Combine trend, oscillator, and level filters for precision entries.
πŸ”— Projectreaper Connect β–Ό

Projectreaper alert indicators have the ability to share their signals with each other to create more accurate trading alerts.

In the settings of our alert indicators, there is a parameter called Indicator_Mode, which switches the indicator modes:

Indicator Mode Settings
StandAlone – default mode for receiving alerts about this particular indicator.
MasterFilter – saves the last signal in the terminal; alert arrows change to hollow body. No warnings sent – only stores signals.
SlaveSignal – reads signals from all MasterFilter indicators on the chart and alerts when all signals coincide. Places vertical line to separate old/new valid signals.

πŸ“š Learn how to use: Combine Multiple Signal Indicators Guide

πŸ“Š Trend & Oscillator Filters β–Ό

All filters can be used in various combinations to refine indicator signals. Mix and match freely for your unique strategy.

Trend Filters Parameters

Trend Filters Settings
tf_MovingAverage_TrendFilter – filter by MA + price position
tf_MA_TimeFrame, tf_MA_Period, tf_MA_Method, tf_MA_Price, tf_MA_Shift
tf_MA_SignalReverse – reverse signal direction
tf_MovingAverageCrossOver_TrendFilter – filter by crossover of two MAs
tf_First_MA_*, tf_Second_MA_* – full MA pair configuration
tf_MA_CrossOver_SignalReverse – reverse crossover signals

Oscillator Filters Parameters

Oscillator Filters Settings
tf_MACD_TrendFilter, tf_MACD_* – MACD histogram filter
tf_OSMA_TrendFilter, tf_OSMA_* – OsMA histogram filter
tf_RSI_TrendFilter, tf_RSI_* – RSI overbought/oversold filter
tf_Stochastic_TrendFilter, tf_Stochastic_* – Stochastic levels filter
*_SignalReverse – available for all oscillators to invert logic

πŸ“š Full guide: Trend & OS Filters Update

🎯 Parabolic SAR Filter β–Ό

Filter signals by Parabolic SAR cross with timeframe flexibility.

PSAR Filter

Filters connect in parallel to the main signal for custom strategy building based on price vs. PSAR position.

PSAR Settings
tf_ParabolicSar_TrendFilter – activate filter
tf_PSAR_TimeFrame – filter timeframe
tf_PSAR_Step, tf_PSAR_Maximum – PSAR calculation params
tf_PSAR_Shift – bar offset (0=current)
tf_PSAR_SignalReverse – invert signal logic

πŸ“š Tutorial: Parabolic SAR Filter Guide

πŸ“… Daily Levels Filter β–Ό

Filter signals using current & previous day price levels (Open, High, Low, Close, Median).

Daily Levels Daily Settings
tf_CurrentDayOpenLevel + *_SignalReverse
tf_CurrentDayMedianLevel + reverse option
tf_PreviousDay[Open|Close|High|Low|Median]Level + individual reverse toggles

πŸ“š Guide: Day Levels Filter Update

πŸ—“οΈ Weekly Levels Filter β–Ό

Filter signals using current & previous week price levels.

Weekly Levels Weekly Settings
tf_CurrentWeek[Open|Median]Level + reverse
tf_PreviousWeek[Open|Close|High|Low|Median]Level + reverse

πŸ“š Guide: Week Levels Filter Update

πŸŒ™ Monthly Levels Filter β–Ό

Filter signals using current & previous month price levels.

Monthly Levels Monthly Settings
tf_CurrentMonth[Open|Median]Level + reverse
tf_PreviousMonth[Open|Close|High|Low|Median]Level + reverse

πŸ“š Guide: Month Levels Filter Update

πŸ“ Pips Tags β–Ό

Display potential price movement in pips from the last signal – shift focus from candle patterns to actual price action.

Pips Tags
ShowPipTags – toggle tags visibility on chart

πŸ“š Setup: Pips Tags Guide

πŸ›‘οΈ Stop Loss & Take Profit Levels β–Ό

Auto-display SL levels + 3 TP levels calculated from risk ratio.

SL/TP Example 1 SL/TP Example 2 SL/TP Settings
ShowTPSL – enable display
SLBars, SignalBarRangeSL – calculation params
MaxSLPips, MinSLPips – SL boundaries (0=off)
MaxTPPips, MinTPPips – TP boundaries
TP1_Ratio, TP2_Ratio, TP3_Ratio – risk-reward multipliers

πŸ’‘ Tip: Set Min=Max for fixed SL/TP values.

πŸ“š Guide: SL/TP Indicators Update

πŸ“² MetaTrader 4 β†’ Telegram Alerts β–Ό

Receive indicator signals directly in Telegram – no extra software needed.

βœ… Simple setup: Just paste your alert code into TelegramCode and enable TelegramAlerts.

TelegramCode – your unique bot token
TelegramAlerts – set to true to activate

πŸ“š Full tutorial: MT4 to Telegram Setup Guide

Settings:

trendlines indicator properties

Two logic in there :

  1. Line breakout on current candle
  2. Previous candle penetrate and closed above/below a trend line

ClosedPricesLogic=false – first logic, true – second

change_to_neutral_color=true makes the triggered lines inactive with neutral_color setting (thanks Pavel for the idea)

Alert_PopupWindows :

trendline popup alert

Email alerts with chart screenshot:

enable Mail_Alerts parameter and fill the mail settings (you can find them in help page of your email service)

trendline email alert

This email alert contains the signal information and screenshot of the chart where the signal was activated

trendline email alert with chart screenshot

Also in Files folder of your terminal you can find archive of all trading setups pics to analyze and share your trading methods with your trading team.

UPD 14.11.2017
Alexandre mailed me to add option which can disable on chart arrows drawing so:
Added new parameterΒ  Draw_Arrows – if turned to false the indicator will do not draw the signal arrows on a chart

Update 25.07.2018
At the request of the trader Sergey added two parameters
Buy_Sound_Alert and Sell_Sound_Alert identifying separately the names of the sound files that are played back when signals on buy and sell. Sound files are located in the terminal folder “Sounds”.

Update 09.02.2019
At the request trader Valentine Ghanem added one parameter CatchFakeys if enabled the indicator will catch fakey patterns where price just touch trendline but do not break this level and goes opposite direction.

trendlines catch fakey pattern

Update 20.03.2019
Changed email alerts algorithm, added saving and sending chart screenshots.

Update 15.09.2019
At the suggestion trader Segrey K, added the SignalName parameter you can specify the name of the strategy, terminal, broker or any other comment that will be added to the alert text

Update 23.08.2020
Added trend lines drawing dashboard

Projectreaper_trend_lines_Alerts_indicator

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PRO TIP :

You can get a signal from a combination of indicators.

Follow the link to learn how to combine two or more signal alert indicators together http://projectreaper.pw/en/how-to-combine-two-or-more-signal-alert-indicators-together/

How to install :

1. Download file
2. Unzip archive and copy the MQL4 folder from the archive to your terminal Data folder
3. Restart terminal and apply the indicator to a chart
4. Register a valid email with single time donation or log in with previously registered email address.
5. You can switch your broker account any time you need by logging in with previously registered email address

How to find Data folder :

in the terminal click File menu – Open Data Folder

Good trading!

27 COMMENTS

  1. Thanks for this awesome indicator and for taking my advice and input in updating the indicator. I have another useful contribution.
    Please can you add a chart sub window functionality to the trendline indicator?. This would be amazing. Trend lines drawn on subwindow chart indicators (especially oscilator) would send alerts. This would make this indicator supreme

    • Hi. I thought about that functionality, especially for this particular indicator, unfortunately by default mt4 can’t transfer indicator’s data and their settings between it’s indicator instances. There’s two ways to make it real 1- create custom indicators for all needed indicators to use it in sub window, and 2- I like it more, we using this implementation in xentrader custom indicator automation, just add two parameters with indicators file name and parameters to catch it’s values from buffers. At the moment I programming copy trader backend server, after that definitely I will make this indicator update.

  2. Hi MQLDev this indicator is awesome, thanks very much for sharing it, much appreciated!

    It’s basically a set and forget indicator, you’ll receive an alert when price touches or breaks a trendline.

    Maybe I’m no in a position to make a request however I’m suggesting an edit anyway.

    Would it be possible to set a pip range. Meaning if price is in xxx amount (pip amount away from trendline set by trader) of pips away from trendline, it alerts so you can watch what is going to happen, whether or not trendline is about to be touched or broken.

    This would be the ultimate trendline alert indicator for me!

    Keep up the good work,

    best regards,

    Patrick

    • Hi, Patrick.
      Well I can’t clearly understand the scenario of usage that algorithm.
      Let’s say you have five trendlines on a chart so you placed it on local highs and lows sup/res levels and waiting for continuation of the trend or trend breakout. What do you need from the algorithm? Do you need to stay with attention to the price action after trendline breakout or before it?

      Why I asking. I really do some complicated stuff and many traders asking me to make some simple tools. Also after launching our new project here http://xentrader.online/ I want to add to the email indicator alerts screenshots of the charts to visualize the price action.

      Also do not forget I have made this indicator http://projectreaper.pw/en/price-changing-alert-indicator/ basically it can alert your how many pips the price had moved between pip range set by you. Maybe this is exactly what you need.

    • Sorry, maybe I’m wrong.
      I need alert when price break out trend line and bar closed behind the line. For me this mean breakout is valid If price break line but the current bar is not closed behind line I don’t need alert. Because sometimes break out can fail. So I think Closed Prices Logic should be false (Previous candle penetrate and closed above/below a trend line). Other settings: change to neutral-false, Draw Arrows-false.
      If my explanations are hard to understand, maybe the reason is in me. And for this I can send Π° email with screen shots with the situation for more clarity. Thank you for understanding!

    • Thank you!
      If you like my idea you can add Volume and Bill Willams’s Market Facilitation Index. If we have line breakout with green/lime MFI (MFI up, Vol up) or only rising Volume then indicator send alert.

    • Just apply volumes on a chart with trendlines alerter to do additional analysis. You can draw trendlines and horizontal lines on different timeframes this indicator working with price only. Not every alert should be entry point you should keep trend direction for better risk reward ratio in trades. Now I’m in hospital and can’t write extra code in there but I think simple tools are better for manual trading.

    • Ok. I wish feeling better as soon as possible. I will call you later to discussing what I need at what cost.

  3. Very good indicator, it helps a lot in the day to day, he that informs me the entrances and exits. I asked for a change and the same MQLdev did in time. I just have to thank.

  4. Π‘ΠΊΠ°Ρ‡Π°Π» ΠΈΠ½Π΄ΠΈΠΊΠ°Ρ‚ΠΎΡ€, Π½ΠΎ Π½ΠΈΡ‡Π΅Π³ΠΎ Π½Π΅ происходит. Настройки, ΠΊΠ°ΠΊ Π½Π° сайтС.

    • Π­Ρ‚ΠΎΡ‚ ΠΈΠ½Π΄ΠΈΠΊΠ°Ρ‚ΠΎΡ€ отсылаСт увСдомлСния ΠΏΡ€ΠΈ ΠΏΡ€ΠΎΠ±ΠΎΠ΅ Ρ†Π΅Π½ΠΎΠΉ Ρ‚Ρ€Π΅Π½Π΄ΠΎΠ²Ρ‹Ρ… ΠΈ Π³ΠΎΡ€ΠΈΠ·ΠΎΠ½Ρ‚Π°Π»ΡŒΠ½Ρ‹Ρ… Π»ΠΈΠ½ΠΈΠΉ Π½Π° Π³Ρ€Π°Ρ„ΠΈΠΊΠ΅, Ссли Π½Π΅Ρ‚ этих Π»ΠΈΠ½ΠΈΠΉ Π½Π° Π³Ρ€Π°Ρ„ΠΈΠΊΠ΅, Ρ‚ΠΎ ΡƒΠ²Π΅Π΄ΠΎΠΌΠ»Π΅Π½ΠΈΠΉ ΠΈ Π½Π΅ Π΄ΠΎΠ»ΠΆΠ½ΠΎ Π±Ρ‹Ρ‚ΡŒ.

    • Hi Patrick!

      This alert indicator is working with manually placed trend lines or horizontal lines.

      Make sure you’re installed this indi correct in your indicators folder of your mt4 terminal. And make sure you’re using latest version of the terminal. If you have a problem with installation of the indicator you can contact me via mail mqldev@projectreaper.pw with screenshot. I’ll try to help you to solve the problem.

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