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Date/Time: Mon, 25 Nov 2024 04:31:48 +0000



Post From: Volume Colored Based VOlume study help

[2024-04-08 15:15:25]
John - SC Support - Posts: 36238
To get an alert when the volume of a bar is greater than 200000 you would enter the following for the alert formula:
=V > 200000

The number within brackets is a bar offset. Refer to the following:
Study/Chart Alerts And Scanning: Referencing Data Other Than on the Last Bar/Column In the Chart

The easiest way to have an alert at multiple levels is to use multiple alerts. To do this, you would need to put an alert on a different study or in the Chart Settings. The reason for this is that an Alert needs to go from False to True in order to activate.

It could be done with a combination of AND() and OR() functions, but you would have to limit the range of the volume you are testing on. For example, to get an alert when volume is greater than 100000 and greater than 200000, you would have to do something like the following:
=OR(AND(V > 100000, V < 150000), V > 200000)

So in the above, you are limiting the test of greater than 100000 to be between 100000 and 150000. But if your numbers are close, then this can become problematic, as the volumes could jump enough that you would miss an alert.
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