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Date/Time: Mon, 29 Apr 2024 11:07:19 +0000



Post From: Bars forming outside keltner channel

[2013-11-08 13:51:52]
Sawtooth - Posts: 3982
1) Add 2 instances of the Color Bar Based On Alert Condition study.

Put this in the Alerts tab of the High alert instance:
=AND(H[-1]<ID1.SG2[-1],H>ID1.SG2)
Put this in the Alerts tab of the Low alert instance:
=AND(L[-1]>ID1.SG3[-1],L<ID1.SG3)

This will color the price bars.

2) Add 2 more instances of the Color Bar Based On Alert Condition study.
-set the Output When Condition True to Use Input Data
-set the Input Data to Low in the High alert instance
-set the Input Data to High in the Low alert instance
-set the Draw Style to Arrow Up in the High alert instance
-set the Draw Style to Arrow Down in the Low alert instance
-use the same formulas from 1) above.

This will place arrows at the colored bars

The formulas assume the Keltner is ID1.