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Date/Time: Sun, 15 Jun 2025 16:36:50 +0000



Post From: Vol by Price & Price Threshold v2 Studies

[2025-05-29 08:14:11]
User431178 - Posts: 711

So I added a "Color Bar based on Alert Condition" I wrote the Alert Condition as follows: (Whereas the Threshold Alert is "ID3.SG1"
....
I cant find any consistent reason. If L=ID3.SG1, why wouldn't H=ID3.SG1 when both are Bid dominant?

Change this:
=AND( L = ID3.SG1 , L+.25 = ID3.SG1 , H = ID3.SG1 )

To this:
=AND( L = ID3.SG1 , L+.25 = ID3.SG2 , H = ID3.SG3 )

Or this:
=AND( L = ID3.SG1 , L+TICKSIZE = ID3.SG2 , H = ID3.SG3 )

Vol by Threshold Alert V2 outputs to subgraph for each price level where condition is met, starting from the bottom of the bar.
If all three price levels in your bar are dominant, then the first three subgraphs will be used.
Low >>> ID3.SG1
Mid >>> ID3.SG2
High >>> ID3.SG3

In your original comparison you are effectively writing this:
=AND( L = L , L+.25 = L , H = L )


Now knowing how the output from Vol by Threshold Alert V2 works and knowing that you only have three price levels in your bar, you can simplify the alert to:
=AND(ID3.SG1,ID3.SG2,ID3.SG3)

Which will alert when the first three subgraphs of Vol by Threshold Alert V2 are non-zero.