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Date/Time: Sun, 24 Nov 2024 16:53:51 +0000



[User Discussion] - New study request

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[2013-11-20 01:16:26]
GPST10 - Posts: 139
Hello SC,

Suggesting new study - especially now with new real time feed up and running - study will be like countdown timer window within a chart - it will show the spread (difference between bid and ask) in real time and it will change the background to any color pre-set once the spread is wider than one tick (or can be set to any number like 2 or 3)to trigger background color or number color change for 1 second or so - for example.
Suggested settings for the study:
color: for numbers, background, trigger color (background or number or both)
sound alert: when preset spread occurred sound alert triggered
spread trigger: number >1 to trigger in ticks
number size: to change the size of a number
would be good to move it anywhere in the chart
Is it something that can be done guys?
Thank You!
[2013-11-20 03:30:56]
Sawtooth - Posts: 4119
You can color the background with the Color Bar Based On Alert Condition study. Set the Draw Style to Background and use this formula:
=(ASK-BID)/TICKSIZE>1

If you want to also display the value on the chart, you'll need to use a spreadsheet study instead, then use the Text Display for Study study to display it.

Sierra is flexible enough to do many things using existing studies and without programming.

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