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Date/Time: Fri, 22 Nov 2024 16:43:34 +0000



Post From: Alert on increasing volume on the ask

[2024-10-08 13:55:30]
John - SC Support - Posts: 36221
The Simple Alerts have the ability to access the Total, Bid, and Ask volumes at each price level. Refer to the following:
Study/Chart Alerts And Scanning: Special Functions

Therefore, to get an alert when the bottom 3 levels of a bar have increasing Ask volumes your alert would be the following:
=AND(AVAP(L + TICKSIZE, 0) > AVAP(L, 0), AVAP(L + TICKSIZE * 2, 0) > AVAP(L + TICKSIZE, 0), AVAP(L + TICKSIZE * 3, 0) > AVAP(L + TICKSIZE * 2, 0))

Where 'L' is the shorthand in the alerts for Low, and TICKSIZE is the Tick Size of that chart.

We leave it to you to expand out the statement for 5 levels and to work out the formula for the Bid starting from the High (H).
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing