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last efs doesn't work

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  • last efs doesn't work

    Thanks for posting..but it doesn't work..it just gets set off too easily because the moving average adjusts to the volume bars and in times of low volume it doesn't take much of a move to cause the volume bar to break the moving average. This causes tons of false alerts.

    Is there another way to alert me when the euro starts moving on heavy volume?

    how about putting a line at 300 (on the volume study) on a five minute chart and writing an efs to alert when a volume bar hits that level..

    Or an alert to let me know when 1 to 3 ..5 minute candles moves over 30 pips?

    Thanks in advance for your help.

  • #2
    notthemoma
    Open the efs with the Editor and comment out the section that sets alerts on the moving average leaving only those on volume and set the Threshold parameter to 300
    Alex

    PS. When replying to a thread please use the POST REPLY button rather than the NEW THREAD button

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    • #3
      still need help

      Thanks Alex...but i can't figure out what you mean by "comment out" the section regarding moving average.

      I opened the formula and tried to delete that part that mentions moving average..but its throughout the formula and causes syntax errors..if i delete too much.

      I did change the volume to 300. That much I got!

      Even when i think I deleted "enough" of the Moving average it still comes up..when i pull up the efs.

      Thanks in advance for your help.

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      • #4
        notthemoma
        Attached is the efs I mentioned with the section that triggers alerts on the moving average commented out (lines 77 to 84).
        I have also changed the default Threshold level from the original 2000 to 300.
        Alex
        Attached Files

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        • #5
          Thanks

          I'll try it on Sunday night and let you know.

          Thanks again.

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          • #6
            Alex

            I did notice that when I pulled up the modified efs that you programmed for me..the moving average is still coming up as a line on the volume bars. I want the alert to be triggered only when the volume bars hits 300 or more on a 5 minute chart. Not when the moving average line is hit (moving average will give way too many false signals). I need the moving average deleted all together.

            I think the alert is still set to go off when the moving average line is hit..i won't know till i get a live feed sunday night. Could you check to see that the formula was modified correctly?

            Thanks again.

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