The KL All Trendlines Alarm can be found within the indicators section of the MQL 5 marketplace, we have added a direct link to the indicator below. The indicator was created by Krzysztof Lorenc and was first uploaded on the 20th of August 2014, it received a number of updates, the most recent update was on the 15th of February 2017 and this brought the indicator up to version 1.44.
The KL All Trendlines Alarm is an indicator made for the MetaTrader 4 trading platform.
The indicator currently has two functions:
- Sound alerts for any trend line on the chart. You do not need to set other alert lines. Every trendline of your analysis is an alarm line.
- Sound alerts for upper/lower breach of the price level using its own two horizontal lines – Top and Bottom.
The indicator works with suffixed symbol names such as EURUSD-Pro, the main symbols that it works well with are AUDCAD, AUDJPY, AUDUSD, CADJPY, CHFJPY, EURAUD, EURCAD, EURCHF, EURGBP, EURJPY, EURUSD, GBPCHF, GBPJPY, GBPUSD, NZDJPY, NZDUSD, USDCAD, USDCHF, USDJPY, XAGUSD, XAUUSD, SILVER, and GOLD.
The indicator can be useful for those wanting to draw trendlines.
The indicator will currently cost you $15 to purchase it outright with any limitations, there is also an option to rent it, this is for a period of three months and will cost you $10 to use it fo those three months. There is a free version available to test, this version will have some limitations to it, but the site does not indicate what they will be, at any rate, it is worth downloading to test out.
There aren’t any reviews available for us to look at which is a shame, due to this we do not know if its users are getting what is advertised, as there are no reviews, we would very strongly suggest that you download and try out the free version, this will give you an idea of how it works and whether it fits your needs, of course, there will be some limitations, but it will give you a good idea, you could also contact the developer with any queries that you may have.
This Forex Indicator is currently available in the MQL5 marketplace: https://www.mql5.com/en/market/product/5577