New High Low Close Alarm notifies that the price has left the trading channel. The indicator draws two horizontal lines on the chart, marking the levels of local lows and highs (lowest Low and the highest High) for the last n bars (the value of n is configurable). The lines can be moved on the chart by double-clicking, the indicator reads the data directly from the chart. If the Bid price crosses one of the lines, the indicator notifies you about it. If necessary, the indicator can also notify about the position of the closing price (Close) above or below the line. If the current bar forms a new local price minimum or maximum, the indicator moves the corresponding line to the desired distance (provided that this is allowed in the settings). The indicator can be used simultaneously on several timeframes and currency pairs.

You can also experience the free version of the indicator: New High Low Close Alarm Free

The indicator is part of the False BreakOut PRO Expert Advisor, which places pending orders instead of alerts.

• Alarm_Hi_Low-if true, the indicator notifies you of a new high or low.
• Alarm_Close-if true, the indicator notifies that the Close price of the bar is above the previous local high or below the previous local low.
• Draw_LineLow – if true, the indicator draws a line on the chart corresponding to the local minimum level.
• BarsLineLow – the number of bars to calculate the local minimum.
• Modify_LineL – if true, the indicator moves the minimum line to the desired location when a new local minimum appears.
• Draw_LineHigh – if true, the indicator draws a line on the chart corresponding to the local maximum level.
• BarsLineHigh – the number of bars to calculate the local maximum.
• Modify_LineH-if true, the indicator moves the maximum line to the desired location when a new local maximum appears.
• Erase_Lines – if true, all lines are erased when the indicator is removed from the chart.
• SoundAlert – sound alert.
• PopupAlert-notification in the form of a pop-up window.
• EmailAlert-notification in the form of an email.
• Text_Low – the text of the popup window and the email when a new local minimum appears.
• Text_High – the text of the popup window and the email when a new local maximum appears.
• Text_Close_Low – the text of the pop-up window and the email if the closing price of the bar has fallen below the previous local minimum.
• Text_Close_High – the text of the pop-up window and the email if the closing price of the bar has risen above the previous local maximum.
• SoundFile_Buy – name of the sound file in the ‘sounds’ folder.
• SoundFile_Sell – the name of the sound file in the ‘sounds’ folder.