Gold markets feature extended trading hours, and many users cannot keep their computers open to monitor prices constantly. Therefore, MT5 price alert is a highly practical function.
Users may preset price levels of interest. When market conditions meet the preset criteria, MT5 will send alerts in the designated manner, so there is no need to keep watching the quote window nonstop.
1. Where to Configure MT5 Price Alerts
On desktop MT5, find the Alerts tab in the Tools window. After entering the Alerts tab, create a new alert and select the corresponding trading instrument, trigger condition and target price.
MT5 supports alerts triggered when the bid or ask price rises above or falls below a specified value, and time conditions can also be configured. For instance, if you want to track gold breaking a certain level, enter the target price in advance. Once saved, MT5 continuously monitors market data to check whether the trigger condition is met.
2. Available Alert Types
MT5 supports audio alerts, email notifications and mobile push notifications. If you mostly monitor quotes on your computer, audio alerts are a suitable option. If you frequently step away from your PC, mobile push notifications can be enabled. You must fill in the MetaQuotes ID for your mobile MT5 on the desktop terminal beforehand so alerts can be delivered to your mobile device.
You can receive prompt notifications on your phone even when the MT5 window runs in the background.
3. Can Alerts Be Created Directly on Charts?
Yes. MT5 allows users to create price alerts straight from charts. After placing an alert marker at the target price zone on the chart, you can drag the marker to adjust the target price.
This method is usually more intuitive than opening the settings window separately for users who have already identified price zones to watch.
Please note that some alerts quickly created on charts come with expiry time settings. Verify the alert criteria and expiration date after creation.
4. Why No Alert Is Received Even When the Price Hits the Target
When this issue occurs, first check whether MT5 maintains a normal server connection, then verify if the alert has expired.
For mobile push notifications, confirm that the MetaQuotes ID is entered correctly and that your mobile device permits notifications from MT5. The push feature requires binding the corresponding mobile terminal via platform settings.
Additionally, double-check whether your trigger condition is based on the bid price or the ask price. These two quotes differ, so a price visually close to your target on the chart may not satisfy your preset trigger rule.
5. The Difference Between Price Alerts and Trading Signals
Price alerts are fully customised by users to monitor selected price levels. For example, you may create a price alert for a gold level you wish to track.
Trading signals are a separate informational tool, focusing on delivering market prompts based on price movements.
Lucky Gold integrates trading signals directly into its mobile application, providing free 15-minute candlestick strategy alerts alongside live quotes and exclusive technical indicators. Users lacking time to monitor charts continuously may combine self-configured MT5 price alerts with Lucky Gold trading signals.
This setup lets you track your custom key price levels while receiving supplementary market insights.
How to Set MT5 Price Alerts
The core workflow is straightforward. Select the trading instrument, define the target price and trigger rule, then choose audio, email or mobile push notification.
For users who follow London Gold quotes but cannot keep charts open all the time, properly utilising price alerts can drastically cut down time spent on repeated market checks.