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Date/Time: Fri, 26 Apr 2024 04:37:22 +0000

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[User Discussion] - Alert for Previous Bar Evaluation

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[2013-04-23 14:10:07] #1 [Go To First Post]
RadioDC - Posts: 29
Hello I would like to have the software evaluate the previous bar and alert me if the current bar makes both a new high and a new low compared to the most recent bar. I'm not sure if this would be an alert condition or a custom study. Could you point me in the correct direction to find documentation on this (if there is any)? Thank you

[2013-04-23 23:40:55] #2 [Go To First Post]
Sawtooth - Posts: 3976
Here's the documentation: http://www.sierrachart.com/index.php?l=doc/doc_AlertCondAndScan.html Try this formula: =AND(H>H[-1],L<L[-1])

[2013-04-23 23:46:12] #3 [Go To First Post]
M5amhan - Posts: 468
is there a way to use this formula you just posted and plot it under a bar say using an arrow or something? with color bar based on alert condition?

[2013-04-23 23:50:10] #4 [Go To First Post]
Sawtooth - Posts: 3976
Yes, put the formula on the Alerts tab of the Color Bar Based On Alert Condition study, and then choose one of the Draw Styles.

[2013-04-24 12:37:58] #5 [Go To First Post]
RadioDC - Posts: 29
Thank you very much tomgilb...the formula works, and using a colored bar like User51479 suggested is great as well! D

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