Support Board

Date/Time: Thu, 02 May 2024 13:52:32 +0000

Post From: Improvement Suggestion: Alert on reaching Daily Loss Limit

[2020-06-16 20:40:47] Link To Thread - Link To Post [Go To First Post]
j4ytr4der_ - Posts: 918
Actually I've come up with a somewhat OK workaround. If you put a Spreadsheet System Alert study on a chart, the spreadsheet will track your P&L. Therefore it's pretty simple to create a Color Bar (or Background) Based On Alert Condition that tracks a loss number on the spreadsheet and begins coloring the chart in the event you drop below that level. In my case, I then overlaid this bar color change onto my DOM, and made the thickness set to 999, and now my entire Volume Profile turns hot pink in the even I hit my loss limit. Pretty much impossible to miss, and I can set an audible alert too if I really want to. But for now this will do the trick I think. Need to make sure it resets itself each day, I think it should but I only just set this up and the market is closed right now so... will see later. Anyway, this might be useful to someone else so here it is. I do love how flexible a toolbox Sierra Chart is. =)