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Date/Time: Sun, 08 Sep 2024 00:02:57 +0000
[Programming Help] - MOBO Bands
View Count: 367
[2023-11-08 18:59:24] |
User509820 - Posts: 69 |
Hello, I am trying to create a tweak using the bollinger bands. For the alert condition having a alert when price breakouts of the bb to the upside, and will only create alert again when price breakouts to the downside. Attached is a example of this.
Date Time Of Last Edit: 2023-11-20 06:15:23
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[2023-11-20 06:14:20] |
User509820 - Posts: 69 |
Any help?
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[2023-11-20 14:58:22] |
Sawtooth - Posts: 4083 |
You need to create a persistent TRUE in each direction, then find the transitions. 1. Add the Spreadsheet Formula study, and use a formula like this in its Formula field: =IF(CROSSFROMBELOW(C,ID1.SG1),1,IF(CROSSFROMABOVE(C,ID1.SG3),-1,ID2.SG1[-1])) where ID1 is the BB study, and ID2 is this Spreadsheet Formula study. Hide this study. 2. Add the Color Bar Based On Alert Condition study, - Set 'Output When Condition True' to Use Input Data - Set 'Input Data' to High - Set the DrawStyle to Arrow Up - Use a formula like this on its Alerts tab: =AND(ID2.SG1[-1]=-1,ID2.SG1=1) 3. Duplicate the color bar study. - Set 'Input Data' to Low - Set the DrawStyle to Arrow Down - Use a formula like this on its Alerts tab: =AND(ID2.SG1[-1]=1,ID2.SG1=-1) Date Time Of Last Edit: 2023-11-20 15:07:42
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