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Date/Time: Sun, 02 Feb 2025 06:48:55 +0000



Post From: Creating Alerts on Number Bars Calculated Values

[2016-11-14 12:28:14]
User408379 - Posts: 1
Dear Forum users

I use the Bid/Ask Volume for entering my trades but it is quite time consuming to watch the numbers all the time over 8 pairs. It is a simple continuation strategy but it works pretty well for me.

To reduce time spending in front of my screens i though an alert can be very useful.

What i do is the following:

1) When the Day Cumulative AskV-BidV is positive i look for long trades with an entry below the actual price. Once i have found a good level i wait until the price has reached this level and my price alram goes off.

2) Then I watch the AskV-BidV of a 15min candle at this price and when the difference for this candle turns positive again (on close) i enter the trade in the foreseen direction. If not i wait for the next 15 min candle to close positive and so on.

So my question is: Does any know how i can create an alert for the following conditions:

if the Day Cumulative AskV - BidV is positive and the AskV-BidV turns from negative to positive i need an alert.

I believe this can be done with a simple alert condition but have no clue how to combine these two conditions.

And same for opposite direction :-)

Attached you find a screenshot to clarify what i mean. Here i have set a price alarm at 0.77 and entered the trade after the candle with the red circle. (The candle which touched 0.77 was still negative in closing)
imageexample.JPG / V - Attached On 2016-11-14 12:27:46 UTC - Size: 191.56 KB - 712 views
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