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Date/Time: Thu, 25 Apr 2024 05:28:53 +0000



[User Discussion] - Study Alert is Inconsistent

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[2013-06-18 05:28:13]
SherKhan - Posts: 19
I am using Study Alert on one of the charts where I am monitoring new day high and new day low. I have noticed inconsistent behavior when using with OHLC study. When at the low of the day, sometims, I have noticed "New High" alerts. Surprising it does not happen all the time.

my Alert condition for High is =C>SG2[-1]

Note: I have two OHLC indicators on my chart. One monitoring High and other Low. Due to the limitations of Sierra Chart, I can not add multiple alters per study, hence I had to add addition similar duplicate studies. Now, since the same study is added twice, the High Signal is denoted by SG2 in both studies. I hope the Alert is not getting confused between two SG2s.


Attaching is screenshot of my study chart

imageES Alarm Issue.png / V - Attached On 2013-06-18 05:27:52 UTC - Size: 120.54 KB - 468 views
[2013-06-18 12:54:02]
Sawtooth - Posts: 3976
The formulas would be unique because the Low is SG3, so there should be no unexpected behavior.

HOD instance of OHLC:
=C>SG2[-1]

LOD instance of OHLC:
=C<SG3[-1]

You only need two instances if you are using different Alert assignments. If you are using the same Alert, you can use this formula in one instance of the Daily OHLC study:

=OR(C>SG2[-1],C<SG3[-1])
Date Time Of Last Edit: 2013-06-18 14:18:25

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