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An ATR Extreme Alert?

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  • An ATR Extreme Alert?

    Is it possible to create an ATR Extreme Alert similar to the Tick and Ticki Extreme efs? As in if a bar (including wick) is, let's say, twice what the Average True Range, then an extreme alert goes off. Thanks!!!
    Last edited by JT47319; 01-11-2004, 10:46 AM.

  • #2
    JT
    The attached efs will trigger an alarm and an Alert window when the current bar's (high-low) exceeds twice the ATR.
    The length of the ATR study can be adjusted through Edit Studies.
    Alex
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    • #3
      That's just awesome man, thanks! I don't think I need the alert window though, just the audible alarm and something like a visual red dot on the offending candle if its a red bar and a lime green dot if its a green bar. And would it be possible to make the 2x factor a variable that one could edit from the esignal study screen instead of going into the actual code to change? As always, you are the man.
      Last edited by JT47319; 01-11-2004, 08:29 PM.

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      • #4
        JT
        An efs cannot (currently) plot at the same time in the indicator and price windows.
        However I have modified the efs to paint the background of the indicator window when an extreme ATR condition is met. It will paint the background in lime if the close is above the open and in red if below.
        As requested I have also taken out the trigger for the Alert window and added a user adjustable "Factor" (default is set to 2)
        Alex
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