Support Board
Date/Time: Sun, 24 Nov 2024 01:59:44 +0000
[User Discussion] - Set Alert for Imbalance in Candle Wicks and Highs/Lows
View Count: 204
| [2024-07-08 10:36:28] |
| mandano89 - Posts: 24 |
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I am trying to set an alert with the "Color Bar Based on Alert Condition" Study for Trapped Buyers and Trapped Sellers. I want to set 2 alerts for the following cases: 1, Trapped Sellers) imbalances in the ask (red) that appear in the bottom wicks and the close is higher than the open (bullish candle) 2, Trapped Buyers) imbalances in the bid (green) that appear in the upper wicks and the close is lower than the open (bearish candle) Is there any way to achieve this? Is there otherwise a way to accomplish the alert but instead of checking the wicks, checking the high and low of a candle? Right now I am using the Number Bars Study and the Volume At Price Threshold Alert V2 to show me the imbalances. Date Time Of Last Edit: 2024-07-10 06:15:05
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Alert.PNG| [2024-07-10 06:15:48] |
| mandano89 - Posts: 24 |
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Does anyone have an idea at least?
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| [2024-07-10 13:26:20] |
| John - SC Support - Posts: 36238 |
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We can not think of an easy way to do this. Our suggestion is to start with the "Volume at Price Threshold Alert V2" and set it to find the imbalances you are wanting. Then use a Spreadsheet Study to find whether any of the subgraphs that have the imbalance are within the wick (or at the high/low). Then you could use the information from the Spreadsheet Study in your Color Bar Based on Alert Condition. What you are wanting to do would be a lot easier to do in a custom study. Refer to the following: ACSIL Programming Concepts: Accessing Volume at Price Data Per Bar List of Third Party Sierra Chart Study and System Programmers For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
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