Alert Positioner is a chart utility indicator designed for the cTrader platform that automates the creation and management of price alerts linked to horizontal levels. When a user draws a horizontal line on a chart, the indicator automatically generates a corresponding price alert at that level. Moving the line adjusts the alert price in real time, and deleting the line removes the associated alert, ensuring alerts remain synchronized with chart markings without manual updates.
Key features include chart-specific mapping, allowing multiple charts—even with the same symbol—to maintain independent line-to-alert sets, and an always-on status display showing active lines and alerts. The indicator intelligently selects Bid or Ask prices for alerts based on market position relative to the line, aligning alerts with realistic quote behavior without user configuration.
Common use cases involve monitoring support and resistance levels, marking zones with paired horizontal lines, planning breakout and invalidation triggers, and maintaining a set-and-forget level watch during analysis. Alert Positioner functions solely as an alert management tool and does not generate trading signals or execute trades. Notifications depend on the user’s cTrader alert settings and device configuration.