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Date/Time: Tue, 26 Nov 2024 09:47:05 +0000



Post From: Breaking up Halftrend study to use in a Simple Alert

[2023-12-16 15:22:41]
Sawtooth - Posts: 4120
I'd like to create a simple alert that references each condition separately for the entire duration one of them is valid.
Since the colors alternate at every arrow, use SG2 and SG3 in a formula like this in the Spreadsheet Formula study's Formula field:
=IF(ID2.SG2>0,1,IF(ID2.SG3>0,-1,ID3.SG1[-1]))
where ID2 is the Halftrend study.

This formula creates a persistent value each time the arrows alternate.
It will return 1 for an 'up' condition, and a -1 for a 'down' condition, for the duration of each condition.

You can then use the Spreadsheet Formula's output to color price bars, etc., using the Color Bar Based On Alert Condition study.