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Range 2 alert


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Range 2 alert

  #1 (permalink)
 funnyguy409 
Milwaukee WI/USA
 
Experience: Intermediate
Platform: Ninjatrader
Trading: Futures
Posts: 10 since Jul 2014
Thanks Given: 2
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Looking for a simple Range 2 alert formula (using Range per bar-open=close sierra bars) where

(At least 4 up green bars than a red bar alert)

And the reverse

(At least 4 down red bars than a green bar alert)

Which will let me know where some resistance is while looking at the charts.

New to programming alerts, I am assuming u would need to do this with price movements since their is no 4 up bar formula, but not sure how to it where it would be atleast 4 straight green or red bars without no range 2 pull backs.

Thanks for your help, this seems not to complicated in terms of alerts but I am a noob.

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  #2 (permalink)
 
lemons's Avatar
 lemons 
Tallinn, Estonia
 
Experience: Beginner
Platform: SC
Trading: NAS100
Posts: 959 since Nov 2010

If you mean like this




then its quite simple to do with built in study "Spreadsheet System/Alert"

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  #3 (permalink)
 funnyguy409 
Milwaukee WI/USA
 
Experience: Intermediate
Platform: Ninjatrader
Trading: Futures
Posts: 10 since Jul 2014
Thanks Given: 2
Thanks Received: 2


I mean like this, I use HL Bars



But it seems like yours is pretty similar, is there a alert i can make or do I have to try to figure out spreadsheets?

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  #4 (permalink)
 
lemons's Avatar
 lemons 
Tallinn, Estonia
 
Experience: Beginner
Platform: SC
Trading: NAS100
Posts: 959 since Nov 2010



In cell K3 copy/past =AND(E4>B4,E5<B5,E6<B6,E7<B7,E8<B8)
In cell M3 copy paste =AND(E4<B4,E5>B5,E6>B6,E7>B7,E8>B8)


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  #5 (permalink)
 funnyguy409 
Milwaukee WI/USA
 
Experience: Intermediate
Platform: Ninjatrader
Trading: Futures
Posts: 10 since Jul 2014
Thanks Given: 2
Thanks Received: 2

@lemons Thank you so much I will try this right now, you have saved me countless hours and battles!!

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Last Updated on December 28, 2015


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