Let's say the price is at the current amount and I want to be notified at x amount, what should I do?
I think IFTTT's[1] site offers this feature plus a lot of options. You can get alerts using Twitter, Facebook, email or even phone alerts.
Its simple IF this THEN this. IF Bitcoin price (something), then (everything).
I do not know about the delay but this service is easier and saves a lot of time.
[1]
https://ifttt.com/