Hi

I am looking for a nt7 indicator that will alert me each time there is a new colored bar printed. For example if you have a number of up bars colored green for example then there is a red down bar printed the indicator would alert you to this (visa versa as well). Im playing around with a few ideas ref trend atm and this would be very useful. If none exist i would be keen to get one coded.

Many Thanks

DRU

druM3 

Hi I am looking for a nt7 indicator that will alert me each time there is a new colored bar printed. For example if you have a number of up bars colored green for example then there is a red down bar printed the indicator would alert you to this (visa versa as well). Im playing around with a few ideas ref trend atm and this would be very useful. If none exist i would be keen to get one coded. Many Thanks DRU

The color of the bar is just a function of whether it is an up bar or a down bar.

The following 2 conditions would verify if the current bar is an up bar and the previous bar was a down bar.
Close[0]>Open[0]
Close[1]<Open[1]

The following 2 conditions would verify if the current bar is a down bar and the previous bar was an up bar.
Close[0]<Open[0]
Close[1]>Open[1]


You could put these 2 sets of conditions in NT7 strategy wizard, add some sort of alert (either visual or audio) and validate if that's what you're looking for.




Bear in mind that in 'chop' periods (e.g. several alternating up/down or down/up bars) you are going to be alerted on every one of them.

Thanks for the reply - yes thats pretty much what i am after. I sent you a DM.

Thanks