How do I setup a price alert?
OANDA Web Trading
Price alerts are not available on OANDA Web Trading. Please refer to the mobile app section for price alerts.
OANDA Desktop Trading
Price alerts are not available on OANDA Desktop Trading. Please refer to the mobile app section for price alerts.
MT4 desktop platform
To set up a price alert for your MT4 desktop platform, please follow the instructions and corresponding images below:
- At the bottom of the platform, click on Alerts
- Right-click anywhere on the blank space in this section
- Click Create to add a new price alert
Alert Editor options are explained in detail below:
1. Enable On/Off - allows you to enable/disable the alert. The alert will not be deleted when disabled.
2. Action - allows you to configure an action when an alert is triggered. These include:
- Sound - playing a sound file
- File - running an executable file
- Email - sending an email to an email address previously specified in your terminal settings
- Notification - sending a push notification to a mobile device. Sending push notifications requires specification of the MetaQuotes ID in the terminal settings.
3. Expiration - enables you to set a time limit for your price alert, after which the alert will be automatically deleted.
4. Symbol - specify the instrument symbol name for the alert.
5. Condition - determines the trigger criteria for the alert:
- BidThe price at which buyers offer to buy currencies from sellers> – the bid price is higher than the specified value. If the bid price exceeds the given value, the alert will trigger.
- Bid< – the bid price is lower than the specified value. If the bid price goes under the given value, the alert will trigger.
- AskThe price at which sellers offer currencies to buyers.> – the ask price is higher than the specified value. If the ask price exceeds the given value, the alert will trigger.
- Ask< – the ask price is lower than the specified value. If the ask price goes under the given value, the alert will trigger.
- Time= – time is equal to the given value. The alert will trigger after the amount of time specified.
6. Value - allows you to specify the trigger criteria value of the condition, such as the trigger price for an alert.
7. Source - depending on the type of action performed when your alert is triggered, one of the following is specified here:
- A sound file in *.wav, *.mp3 or *.wma
- An executable file in the *.exe, *.vbs or *.bat format
- Push message text. The maximum message length is 255 characters.
8. Timeout - allows you to set a break period between alerts, new triggers will not generate alerts within this timeframe.
9. Maximum iterations - allows you to specify the maximum amount of times an alert will repeat triggering.
10. Click OK to add the alert
OANDA app for iPhone
To set up a price alert for your OANDA iPhone app, follow the instructions and corresponding images below.
- At the bottom of the application, press More
- Press Price Signals
- Press Price
- Choose your desired instrument for your price alert
- Enter the desired average price level for the price alert to trigger (average price is the mid-point price between the bid and ask price)
- Choose the length of time to keep your alert active
- Press Submit to add the price alert
To setup an alert based on the simple moving average (SMA), follow the instructions and corresponding image below.
- At the bottom of the application, press More
- Press Price Signals
- Press SMA
- Choose your desired instrument for the price alert
- Enter your desired average price level for the price alert to trigger (average price is the mid-point price between the bid and ask price where orders are actually executed)
- Choose the desired timeframe for the moving average
- Press Submit to add the price alert
OANDA app forAndroid
To set up a price alert for your OANDA Trade Android app, follow the instructions and corresponding images below.
- At the bottom of the application, press More
- Press Price Signals
- Press Price
- Choose your desired instrument for the price alert
- Enter your desired average price(average price is the mid-point price between the bid and ask price where orders are actually executed) level for the price alert to trigger
- Choose when your price alert would expire
- Press Submit to add the price alert
To set up an alert based on the simple moving average (SMA), follow the instructions and corresponding numbered images below.
- At the bottom of the application, press More
- Press Price Signals
- Press SMA
- Choose your desired instrument for the alert
- Choose your desired time period for the moving average
- Choose your desired timeframe for the moving average
- Press Submit to add your price alert
OANDA app for iPad
To set up an alert based on price, follow the instructions and corresponding numbered image below.
- Press on the enlarge icon to work on a chart in full screen
- Press Drawing
- Press the Hline button to draw a horizontal trendline
4. Press anywhere on the chart to draw a line
5. Adjust the line by pressing and holding the knob on the left-hand side to settle at a price level desired for your price alert
6. Press the signal icon to enable price alert when market price crosses your line
7. Press anywhere on the chart once you have finished the edits to complete the price alert set up
Still have questions? Chat with an agent.