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I'm looking for a charting software that'll let me draw a trendline on a price chart and then if the market breaks that trendline send me a text message alert to my cell phone.
I'd appreciate any pointers regarding this.
Thanks in advance
Check out Tradingcoders.com. Under free stuff you can download the Diagonal Trendline Indicator, but actually I dont know it will be able to send you an SMS, it will send you an email.
@buylosellhi You can do this "out of the box" with a few simple mouse clicks using Ensign Software. With a little effort you can also attach a screen image to your e-mail.
I was just thinking about this issue. It seems to me that you could build a strategy that sends you an alert when price crosses above or below a trend-line. Actually any line that appears price/candle area of your chart.
Something like this for example:
// Condition set 1
if (CrossAbove(Close, anaRegressionChannel(50, 3.5).Upper, 1))
{
PlaySound(@"C:\Program Files (x86)\NinjaTrader 7\sounds\alert.wav");
SendMail("[email protected]", "[email protected]", "price broke above channel", "price broke above channel");
}
I think this would work just fine. The trick is to realize that a strategy does not have to only automate buying and selling. This of course only works for indicators that overlay the price. I would like the same thing for indicators that do not; like cci or macd. There I think you would have to modify the indicator code. That is so far beyond my ability. But I think this would be a simple starting point and may be sufficient.
You can set multicharts to send an email on a trendline break, it's very quick and easy to set up. I get the alerts on my iphone.
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