Monitoring Market Order Age with One-Time Alerts

Summary

This short description covers an expert advisor that tracks how long market orders have existed and generates an alert once for each order. It can retain its state across a terminal restart, write messages to a log, and use a configurable sound file stored in the terminal’s sounds directory. The described behavior is operational: it notifies a trader about order age rather than defining an entry or exit strategy.

The stated limitation is that the tool is intended for market orders; pending orders may not trigger sound alerts reliably. The document does not explain how order age is calculated, how alert thresholds are configured, or whether alerts are tied to risk limits. It also provides no performance evidence or details on handling execution, partial fills, or multiple accounts. Traders considering such a monitor would need to check its behavior against their order workflow and treat it as a notification aid, not a substitute for execution or position monitoring.

Key ideas

• The advisor tracks the elapsed existence time of market orders.
• It is described as issuing one signal per order and retaining state through terminal restarts.
• Log messages and a configurable WAV sound alert are available.
• Pending orders may be missed, so the described behavior is limited to market orders.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.