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Date/Time: Fri, 03 May 2024 09:48:08 +0000

Post From: Color bar based on Alert condition using MACD and new high/low not working

[2018-04-08 17:57:27] Link To Thread - Link To Post [Go To First Post]
User947126 - Posts: 14
I created an alert that says to trigger when MACD is equal to its 20 day high or low. I did it like this: ID1.sg1 is macd ID2 is configured to be 20 bar highest high/lowest low of MACD, so: ID2.sg1 is 20 day high of MACD ID2.sg2 is 20 day low of MACD I created "Color bar based on alert condition" signals that are identical to the hundreds of others I've created--when triggered it produces buy and sell arrows. The formulas are: 1. ID1.sg1=id2.sg1 2. ID1.sg1=id2.sg2 The symptom is that this will trigger once in a while, but very often it's obvious that it should have triggered (MACD made a clear high or low) but it didn't. Do you think this is because MACD hit the high or low at some point during the bar but didn't close at the high/low?