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Help with the construction of a simple indicator. I tried but had no luck. This indicator will alert if the new candle forming passes one tick above/below the previous candle's open price(I think)? I might be off on the wordings but I attached a photo of what it will accomplish. I would appreciate anyone's contribution. The alert system should be a sound and a triangle up/down for visuals. I believe this can be a handy indicator. Note this will be tick based and the print will remain regardless if the candle retracts.
To summarize, if the current candle crosses one tick above/below the previous closed candle, an alert should be issued.
Thank you
Abdus
Can you help answer these questions from other members on NexusFi?
Sorry, I cannot help with programming, but if I watch the picture, the alert should happen 1 tick below the highest bar (uptrend) and 1 tick above the lowest bar (downtrend)
@trendisyourfriend I totally agree that this would set off too many false alerts. What if it was structured to alert only once if conditions were met and then not to alert twice on same candle or to re-arm after some seconds to reduce the frequency of alerts?
I'm pretty sure this is possible the closet I have gotten to this is with a paid indicator. It does the following but after having a lot of settings changed to it I was able to match it up with at least one unirenko bars but it is just a hassle to get it to alert properly on every unirenko setting. I'm still in the testing stages. That is the reason I posted here to have an indicator made that could do this and would work on every unirenko bar without really having to change the settings. It doesn't have to be limited to unirenko bars but just have that alert system.
It works great! The arrows are printing really far because I trade the 6E. I'd like it even more if you wouldn't mind having the arrows offset in the o.1-5 range. Thank you once again.