Alert Condition Formula - Candlesticks

November 6th, 2018, 07:30 AM

Hey guys,

I try to make 2 studies...

Color Bar Based on Alert Condition - for a Hammer
Color Bar Based on Alert Condition - for a Shooting Star

Can someone help me with the Alert Condition?
Or is there any site, where you can see the Formulas

November 6th, 2018, 08:15 AM

Hammer
(((H-L)>3*(O-C)AND((C-L)/(.001+H-L)>0.6)AND((O-L)/(.001+H-L)>0.6)))

Shooting Star
(((H - L) > 4 * (O - C)) AND ((H - C) / (.001 + H - L) >= 0.75) AND ((H - O) / (.001 + H - L) >= 0.75)))

found this on a other website.. but i cant find a solution

November 6th, 2018, 09:03 AM

patrn32

Hammer
(((H-L)>3*(O-C)AND((C-L)/(.001+H-L)>0.6)AND((O-L)/(.001+H-L)>0.6)))

Shooting Star
(((H - L) > 4 * (O - C)) AND ((H - C) / (.001 + H - L) >= 0.75) AND ((H - O) / (.001 + H - L) >= 0.75)))

found this on a other website.. but i cant find a solution

Try these:
=AND(H-L>3*(O-C),(C-L)/(.001+H-L)>0.6,(O-L)/(.001+H-L)>0.6)

=AND((H-L)>4*(O - C),(H-C)/(.001+H-L)>= 0.75,(H-O)/(.001+H-L)>=0.75)

Here's the documentation for Alert formulas and format:
https://www.sierrachart.com/index.php?page=doc/StudyChartAlertsAndScanning.php

You could also use the CandleStick Patterns Finder study with a formula like this in its Alert tab:
=SG1>0

Alert Condition Formula - Candlesticks

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Alert Condition Formula - Candlesticks