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Date/Time: Wed, 07 May 2025 15:40:34 +0000



Post From: Colour Bar based on Alert Condition for a non-time based chart!

[2024-11-26 02:28:12]
J DIDDY - Posts: 142
OK

1. Yes it will be a rolling value....so it could be, POSITIVE from 0-400, or -200 to +200, or +100 to +300.... OR .... NEGATIVE +400 to 0, or -100 to -500...and so on

The V>400 in the formula on the 5 min chart I have been using should be fine... the next part of the formula is the bit to show the direction...


2. Let's try this....

Using a Delta Volume Bars chart (25 setting) I need to reference the 'Cumulative Delta volume Bars study (IDxx)' in the formula to get the 'direction' of the volume ....so I need 16 consecutive 'UP' bars to get me to 400 positive delta volume. (16 x 25 Cumulative Delta volume Bars = 400)


So what would the formula be for:

1) Volume = Over 400
V>400

2) Direction: (Referencing 'Cumulative Delta volume Bars (IDxx)') ...Maybe this is something like:
More than (x) consecutive 'Cum Delta vol Bars (IDxx)' where the next bars close must be equal or higher than the previous bars close (To show positive volume)
More than (x) consecutive 'Cum Delta vol Bars (IDxx)' where the next bars close must be equal or lower than the previous bars close (To show negative volume)

3) Time: (Referencing the 'Cumulative Delta volume Bars (IDxx)' part of the formula above)
More than (x) consecutive 'Cum Delta vol Bars (IDxx)' delivered in under (x) seconds/milliseconds

But can I use milliseconds instead of seconds?

I hope that makes sense!

Thanks in advance!
Date Time Of Last Edit: 2024-11-26 02:28:54
imageCOLOUR BAR BASED ON ALERT CONDITION Screenshot.jpg / V - Attached On 2024-11-26 00:32:35 UTC - Size: 425.2 KB - 39 views