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Date/Time: Wed, 26 Nov 2025 22:48:13 +0000



Post From: Strong Bearish Delta + Low Percentage Move in a 5-Bar range

[2025-11-26 17:18:28]
rebeccaemme - Posts: 33
Hello,
I am trying to create a Color Bar Based on Alert Condition that detects the following pattern:
  1.  Within the last 5 bars, at least 2 bars must have a strong bearish delta (delta < –1800).
  2.  The current bar must have a very small percentage move (≤ 0.30%).
  3.  The total 5-bar range must be very compressed (≤ 0.45%).

This is the exact alert formula I used:
AND(
SUM(DELTA < -1800, 5) >= 2,
ABS((C - O) / O * 100) <= 0.30,
ABS((H - L[4]) / L[4] * 100) <= 0.45
)

However, Sierra Chart does not seem to recognize or accept the formula when I paste it into the Alert Condition box.

Can you please confirm whether this syntax is correct for a Color Bar Based on Alert Condition?

Thank you!