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Date/Time: Sun, 24 Nov 2024 18:25:25 +0000



Post From: Volume At Price Threshold Alert V2 - Stacked Imbalance Color Bar based Alert Condition

[2024-05-16 02:52:35]
AzharBasri - Posts: 28
I have managed to do that for Up stacked imbalance by referencing Volume At Price study where percentage threshold is a positive number.

I have also duplicate the same study and change the percentage threshold to negative number for Down stacked imbalance.

The general idea is that you would need to use the "Adjacent Alert Highlight Top" subgraphs to get the price at the highest point of the stacked imbalance. As long as the value is non-zero, then you have a set of grouped alerts and that value represents the highest price of that group.

For instance, to get a positive alert when there is at least one grouping of 3 you would use the following condition:
=ID1.SG50

To get the price at the lowest point of the down stacked imbalance, do I have to change SG50 to SG49?

=ID1.SG49 ?

To draw something at a specific price, you would need to set the Input for "Output When Condition True" to be "Study Subgraph Reference" and then set the "Study Subgraph Reference Value When True" to be the SG50 of the Volume at Price Threshold Alert V2.

And it the the same here where I need to set "Study Subgraph Reference Value When True" = SG49 too?