Login Page - Create Account

Support Board


Date/Time: Sat, 23 Nov 2024 14:52:30 +0000



How can I add an alert for Ask/Bid volume in certain range?

View Count: 231

[2024-08-19 16:54:33]
User909835 - Posts: 7
I would like to creat an alert when the ask/bid volume is in a certain range in numbers bars chart, for example when Bid vol>150 and Ask Vol=0 in the same time. can i get helped by that?
[2024-08-19 17:03:53]
John - SC Support - Posts: 36238
From what you are stating, it sounds like you just need to test the current price for this, as this situation will first occur at the current price. This greatly simplifies things, as in this case your Alert Condition would be the following:
=AND(BVAP(C, 0) > 150, AVAP(C, 0) = 0)

Where C is the Close (current price) of the bar, BVAP is the Bid Volume at Price, and AVAP is the Ask Volume at Price.

Refer to the following for information on these functions for alerts:
Study/Chart Alerts And Scanning: Special Functions
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing
[2024-08-19 18:18:58]
User909835 - Posts: 7
Thank you so much for your help John. I would like to address my description of the alert. I want to have the alert when the bar is closed, on the top of the bar or on the bottom of the bar the absorbtion occured, specificlly Bid vol>150 and Ask Vol=0 or Ask vol>150 and Bid Vol=0 in the same time. Attached is one of the condition I would like to trigger the alert. when this abosorbtion occured, I would like to get the alert.
imageAbsorbtion.png / V - Attached On 2024-08-19 18:15:50 UTC - Size: 43.87 KB - 32 views
[2024-08-19 20:47:16]
John - SC Support - Posts: 36238
Since this will only occur where the Bid is 0 at the High and where the Ask is 0 at the Low, then to be alerted for either condition you would use the following:
=OR(AND(BVAP(H, 0) = 0, AVAP(H, 0) > 150), AND(BVAP(L, 0) > 150, AVAP(L, 0) = 0))

Where H is the High of the bar and L is the Low of the bar.
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing

To post a message in this thread, you need to log in with your Sierra Chart account:

Login

Login Page - Create Account