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BJOHNSON

Keltner price indicator

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Wanting to know if someone could place tradestation alerts on this indicator keltner price or tell me how too.thanks for anyones help

 

 

how would you like the alert?

sound/voice alert?

a dot on the chart?

a pop up window?

a color change in price bar?

a thickness change in price bar?

a color change in background?

a text message printed on the chart?

an arrow? (MultiCharts only)

 

 

can you post an annotated chart...

using lines, arrows, and notes to illustrate how the alert should be triggered?

(i.e. what is your logic?)

Edited by Tams

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I do not know how to make an attachment to my reply to you

 

see the "Go Advanced" button at the bottom of the reply box?

 

click on it...

 

the window will expand...

 

go further down the window, you will see the "Manage Attachments" button...

 

click on it... another window will pop up,

attach your chart... then click on the "Close Window" button at the top right corner (this step is very important)

 

that's it.

 

 

 

p.s. more help here:

http://www.traderslaboratory.com/forums/f30/how-post-chart-properly-805.html

Edited by Tams

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The chart says it is too big for labs posting.

 

 

don't save the chart as bmp

 

save it as jpg, gif or png.

 

you can use your windows paint program to convert it.

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Heres the chart thanks for your patience and teaching me to use this site

 

 

can you describe the trigger you have in mind ?

 

e.g. what kind of condition(s) you are looking for that constitute a "signal" to you?

 

we can start with a simple event...

 

EasyLanguage is very powerful... you can build it into a complex logic that filters multiple conditions to arrive at your signal.

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[LegacyColorValue = true];

 

{ plot the number of ATRs between price and the 20 day MA }

 

input:

Length( 18),

Price( Close),

Warn( 2),

OverBColor(Red),

OverSColor(Green);

 

vars:

Avg( 0 ),

ATR( 0 ),

diff( 0 );

 

Avg = AverageFC( Price, Length ) ;

ATR = AvgTrueRange( Length );

 

plot1((Price - Avg) / ATR, "n ATRs");

Plot2( Warn, "OverSld" ) ;

Plot3( -Warn, "OverBot" ) ;

Plot4( 0, "Zero" ) ;

 

{ Color criteria }

if Plot1 > Warn then

SetPlotColor( 1, OverBColor )

else if Plot1 < -Warn then

SetPlotColor( 1, OverSColor ) ;

 

{ Alert criteria }

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simple enough...

 

I just copied your { Color criteria } and converted it to ALERT.

 

for more information about alert, check here:

http://www.traderslaboratory.com/forums/f56/alert-easylanguage-7049.html#post78999

 

 

 

[LegacyColorValue = true]; 

{ plot the number of ATRs between price and the 20 day MA }

input:
Length( 18), 
Price( Close),
Warn( 2),
OverBColor(Red),
OverSColor(Green);

vars: 
Avg( 0 ), 
ATR( 0 ),
diff( 0 );

Avg = AverageFC( Price, Length ) ; 
ATR = AvgTrueRange( Length );

plot1((Price - Avg) / ATR, "n ATRs");
Plot2( Warn, "OverSld" ) ;
Plot3( -Warn, "OverBot" ) ;
Plot4( 0, "Zero" ) ;

{ Color criteria }
if Plot1 > Warn then 
SetPlotColor( 1, OverBColor ) 
else if Plot1 < -Warn then 
SetPlotColor( 1, OverSColor ) ;

{ Alert criteria }
if Plot1 > Warn then 
ALERT( "OverBColor" ) 
else if Plot1 < -Warn then 
ALERT( "OverSColor" ) ;

 

 

 

 

p.s. not sure what you mean by the radarscreen monkey wrench you threw in at the last minute.

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The trigger would be when atr on the keltner price crossesover or under the oversold or overbought areas

 

 

note:

your plot1 is not the ATR.

 

I just want to make sure you understand your data points.

 

your plot is based on:

 

(Price - Avg) / ATR

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Did yousay that you had another code for the keltner price,i thought that was what you said .if so i would love to have it to play around with it

 

 

have you tested the mod at post #21 ?

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