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There is a parts list at the end of this article.
Start with a pair of Rail Mounts. They are bolted firmly to each other to make a right-angle mount for the outrigger arm. The outrigger arm is necessary so the sensing line does not get hung up on your hull topsides and to allow free and clear positioning of the hinge assembly. About 12 to 18 inches clearance works OK so add 4" for the clamp area and add the distance from the deck stantion to the edge of the hull. For the outrigger arm, use a piece of aluminum tubing the same diameter as the stantion (so the same size Rail Mount can be used). PVC tubing is not stiff enough however it works OK if you insert a close fitting wooden dowel rod inside and glue on a pair of end caps, or glue the outboard end into an electrical junction box as shown in the photo.
Mount a stainless vertical plate to the outer end using a stainless U bolt and attach the hinge midway up the plate. Mount the magnet on the end of the hinge arm (on the side away from the backing plate) and mount the contact, or a waterproof box containing the door bell transmitter on the other side of the backing plate so the switch is held OPEN by the magnet when it is resting against it. Don't worry if the hinge doesn't open all the way due to screw heads etc.
In use, adjust the line attached to the end of the hinge so it is about 150% of the depth of the water. Longer reduces sensitivity, shorter increases it so adjust appropriately depending on the situation and experience. You can adjust the sensitivity of the switch itself by tilting it forwards and backwards so that there is enough weight on the magnet holding it closed to avoid false alarms due to wave motion but don't tip it back so far that the line can't pull it up far enough to trip the switch considering the angle of the line to the bottom. Depending on how your boat "fishtails" on its anchor rode, moving the attachment point forward or aft from midships may reduce false alarms. It will take some experience to know which settings are best for your boat under different conditions of wind, tide and waves.
Here are sources and part numbers for the items required for constructing this project: