A method for indicating if a fastening element upon fastening to a piece has reached a tensile yield limit load, wherein the fastening element comprises a threaded shaft, which shaft comprises a magnetostrictive material, wherein the method comprises the steps of:
- generating an alternating magnetic field that penetrates the shaft,
- measuring a physical quantity that comprising at least one of a resistance and an inductance that depend on the momentary magnetic susceptibility of the shaft,
- detecting a significant change of the physical quantity by identifying:
- 1a) a mainly constant rate of change of the physical quantity in relation to a strain of the shaft, or 1b) any of an initial value or a maximal value of the physical quantity in relation to a strain of the shaft,
- detecting a significant change of the physical quantity corresponding to:
- 2a) a deviation from the mainly constant rate of change of the physical quantity exceeds a first certain value, or 2b) an absolute change of the physical quantity from any of an initial value or maximal value,
- determining if the shaft of the fastening element has reached the tensile yield limit load based on the significant change of the physical quantity, and
- indicating that the fastening element has reached the tensile yield limit load in dependency of said determination.