Capture the initial phase of sudden changes on your smartphone — Pips-based monitoring alerts [PI-ALT] #08
This time, we introduce the price movement monitoring toolPI-ALT（Pips Alert）.In short,a "watchman" indicator that notifies you with an alert and push notification to your smartphone the moment the price moves by more than a set number of pips up or down from the reference price.
Haven’t you opened the chart after it moved?
The initial move of rapid price surges or drops is one of the few moments when large moves happen in a short time.
But in reality—
When you notice it,it has already extendedand you can’t enter
You want to catch the release of a data release, butyou can’t sit in front of the chart at that time
You waited for a breakout, butyou didn’t see the moment of the breakout
Constant monitoring is impossible. Buta tool that sends too many notifications is tiring
“Tell me when it moves. Stay silent until then.”
PI-ALT is a tool focused on this one point.
What PI-ALT is — a \"tripwire\" of reference value ± Pips
Its mechanism is very intuitive.
On the panel,press the Start buttonand at that moment the price becomesthe reference value.
If the current price exceedsreference value + upper Pips settingor falls belowreference value − lower Pips setting—
an alert display + push notification to your smartphonewill trigger (default is ±5 Pips up/down)
When triggered, the operation stops temporarily, so there is no continuous barrage of notifications. Check and press Start again if needed. This \"single, reliable notification\" contributes to easy operation.
On the chart, you will seethe reference value lineandthe upper and lower firing zones shown as colored areas. Visually understanding how far it has moved to trigger a notification makes it easy to adjust settings.
Two modes for “rapid change detection” and “wait for breakout”
You can choose the handling of the reference value from two modes. This is where PI-ALT’s flexibility comes in.
1. Fixed-interval update mode (as rapid change sensor)
It is a mode where thereference value is automatically updated to the current value at set intervals (default 10 seconds).
It generally does not trigger on ordinary small moves, butit triggers only when a rapid move happens within a short timeexceeding ±Pips. In other words, it is a “rapid-change sensor.” Use this when you want to capture fast price movements like data releases or major news.
The panel also displays a countdown until the next update, so you can see it clearly and feel at ease.
2. Fixed mode (wait for breakout)
It fixes thereference value at the price at Startpoint.
It can be used for monitoring horizontal breaks, such as “exit by 20 Pips above or below the current range center.”Horizontal breakout watch. If you press Start before sleeping or going out, you will receive a notification on your smartphone the moment it is broken.
Notification direction can also be chosen
You can choose firing directions: up only / down only / both up and down. If you are only targeting an upward breakout, set it to up only to avoid unnecessary notifications.
Push notification settings don’t require an article
Push notifications to smartphone use the standard MT4 mechanism (MetaQuotes ID). Just check your ID in the MT4 app on your phone and enter it in the PC MT4 options. The manual includes screens, so even beginners can set it up in a few minutes.
Why it was created
I traded for years as a part-time trader,
“I’m not at my desk during the delicious moments of price movement”was my biggest pain.
I tried many automatic monitoring tools, but the more complex the conditions, the more troublesome to configure, and I ended up not using them.
In the end, the requirement was just “tell me how many Pips it moved from the reference.” I turned that into a one-Start solution with PI-ALT.
Because I didn’t overdo the features,it can be used casually every day.
I believe this simple tool embodies the idea that simple tools are used for a long time.
Ideal for people like this
Part-time traders whodon’t stay glued to the chart.
People who want to catch the initial move of data releases or rapid changes.
People who want to wait for a range breakout on a notification basis..
If you want to compare which pairs are moving, combining with the CP-POW rate-of-change ranking expands your monitoring network even more. For those who want to see the major levels on each timeframe, UD-MTF is recommended as well. Both have explanatory articles in the series.
Sales information
PI-ALT is sold on GogoJungle.
Disclaimer
This tool does not provide investment advice. Alerts are notifications of price movement and do not guarantee trading directions or profits. Notifications depend on your environment (network, device, MT4 operation). Final trading decisions are your responsibility.
Thank you for reading to the end.
There are times when you’re not in front of the chart, but the watchman still works. We hope PI-ALT can provide that peace of mind. If you found the article useful, following us would be encouraging.
With that, happy trading.