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Date/Time: Sat, 04 Apr 2020 04:36:19 +0000



[User Discussion] - Alert bar syntax for % difference

[2019-06-06 07:57:13]
User373551 - Posts: 2 | Ending Date: 2016-10-04 [Expired]
Can someone give me an example of the syntax needed for a color alert bar based on the percent difference between the high (or low) and the close of a study ? For example, the alert would show when the high of a given study is a value 60% greater than the close on the current bar . . .
Thanks for your time-
[2019-06-06 15:48:16]
tomgilb - Posts: 2430 | Ending Date: 2020-04-30
For a ratio of High minus Close to the bar's range:
=(H-C)/(H-L)
For a ratio of Close minus Low to the bar's range:
=(C-L)/(H-L)

To apply these formulas to a study's values, the study must output OHLC values in separate subgraphs, e.g. the Daily OHLC study as ID1:
=(ID1.SG2-ID1.SG4)/(ID1.SG2-ID1.SG3)
=(ID1.SG4-ID1.SG3)/(ID1.SG2-ID1.SG3)

To get an alert greater than 60%:
=(H-C)/(H-L)>0.6
=(C-L)/(H-L)>0.6
[2019-06-07 15:43:57]
User373551 - Posts: 2 | Ending Date: 2016-10-04 [Expired]
Thank you for your time on this. Hope you have a great weekend.

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