Code price level alerts?

May 2nd, 2023, 01:56 PM

I'm just an OK coder for my indicators and been able to code alerts with plot points. I'm trying to code alerts when price gets close to the "quarters" like near the hundreds levels for price. I've found alerts just about for everything but "price levels" being crossed. Any help pointing me in the right direction is much appreciated for Tradestation.

May 7th, 2023, 01:15 AM

I'm not sure if this is what you mean but say you are looking at stock AMD with a daily chart and the last date is 3/27/2023. The stock was rising then falling around the $100 per share level near that date. You could use the following indicator code to plot and alert when the closing price crossed above and below 100. For scaling the indicator, you would plot on the same axis as the underlying data ["Scaling" is on the left side of the customize indicator dialogue]. "Alert" is also on the left side of the customize indicator dialogue window]. You might choose to alert once per bar and clear the alert on bar close. You can use MyDelta as a small offset if you wish (e.g. $1), or leave it at 0.

Code


Inputs:
	Price(Close),
	MyAlertPrice(100),
	MyDelta(0);
	

If Price crosses above MyAlertPrice - MyDelta then begin
	If AlertEnabled then Alert("Price Rising Toward or Above Alert Price " + GetSymbolName);
	Plot1(High + 0.4 * Average(Range,5),"Rising");
end;

If Price crosses below MyAlertPrice + MyDelta then begin
	If AlertEnabled then Alert("Price Falling Toward or Below Alert Price " + GetSymbolName);
	Plot2(Low - 0.4 * Average(Range,5),"Falling");
end;

Code price level alerts?

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Code price level alerts?