Simple Alert for BBands&Ratio Needed! | Forex Factory

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Simple Alert for BBands&Ratio Needed!

  • #1
  • First Post: Apr 9, 2008 1:59pm Apr 9, 2008 1:59pm
Hello,

I need a simple alert & sound for BBandWidthRatio indicator.

I tried to put it myself and since morning all im getting is complier error after error.

When the values are at the extreme end as shown by arrows, the alert would come up.

The alert would be for all timeframes and the values for the extreme end cross of line, deviation, bandwidth could also be modified for different pairs in the box.

Thank you for the help!
Attached Image (click to enlarge)
Click to Enlarge Name: bbband.gif Size: 13 KB
Attached File(s)
File Type: mq4 BBandWidthRatio.mq4   3 KB | 771 downloads
  • #2
  • Apr 10, 2008 4:39am Apr 10, 2008 4:39am
ooops..anybody
  • #3
  • Apr 10, 2008 5:47am Apr 10, 2008 5:47am
Try asking on TSD perhaps?
  • #4
  • Apr 10, 2008 9:45am Apr 10, 2008 9:45am
Here you go, early AM here so time to sleep, but a simple audio and warning box alert added, three inputs added ... level indicator needs to be below for alert, whether to play audio, show box or both.

Just know this will fire off every tick it is below that value, and only for the current bar (else you get a thousand alerts and noises when placing the indicator). Hope it gets you on your way.
Attached File(s)
File Type: mq4 BBandWidthRatio_alert.mq4   3 KB | 779 downloads
You can quit and they won't care, but you will always know.
  • #5
  • Edited 12:54pm Apr 10, 2008 10:53am | Edited 12:54pm
Quoting Akuma99
Here you go, early AM here so time to sleep, but a simple audio and warning box alert added, three inputs added ... level indicator needs to be below for alert, whether to play audio, show box or both.

Just know this will fire off every tick it is below that value, and only for the current bar (else you get a thousand alerts and noises when placing the indicator). Hope it gets you on your way.
Thanks a lot Akuma..It is good...Yes..as you mentioned it does alert again and again once it goes to the threehold line with every tick on the current bar....however i adjusted the threeshold value and im testing it right now.

[edit: Was testing it live for an hour now...the alert box once below the threeshold keeps popping up with every tick..which has to be closed again and again for any other work to be done, is it possible to show only once the alert when the threehold goes below the value]

Thank you very much for your help.
  • #6
  • Apr 10, 2008 4:52pm Apr 10, 2008 4:52pm
I suspected that request was coming ... but it was 1am and sleep prevailed, anyhow here you go ... alert shows/sounds on the first dip below the threshold value, after that no new alerts are made until the value return above the threshold value, at which point we start all over again.

The only time you'll get many alerts is if the value jumps above and below the threshold value tick after tick ... the only way to get around that is to put a delay of 1 bar, so only check the previous bars value on each tick. Don't know what you are using it for so don't know if it is appropriate, but there is a new input value to cover this option as well.
Attached File(s)
File Type: mq4 BBandWidthRatio_alert_v02.mq4   3 KB | 800 downloads
You can quit and they won't care, but you will always know.
  • #7
  • Apr 11, 2008 7:49am Apr 11, 2008 7:49am
Quoting Akuma99
I suspected that request was coming ... but it was 1am and sleep prevailed, anyhow here you go ... alert shows/sounds on the first dip below the threshold value, after that no new alerts are made until the value return above the threshold value, at which point we start all over again.

The only time you'll get many alerts is if the value jumps above and below the threshold value tick after tick ... the only way to get around that is to put a delay of 1 bar, so only check the previous bars value on each tick. Don't know what you are using it for so don't know if it is appropriate, but there is a new input value to cover this option as well.

Thank you again for the indicator...im testing it right now on different time frames, currencies and settings...it should work well
  • #8
  • Edited 12:02pm Apr 11, 2008 11:52am | Edited 12:02pm
Hi Akuma,

I just finished the testing.

If we put delay=1 , it works well for the bar which is going below the threshold value..however, as soon as the new bar starts, the alert box pops up again and again with each tick as before.

and for normal delay=0, as soon as the bar goes below the threshold value the alert pops up again and again as before.

Actually, my intention is to find the extreme contraction and expansion in bollinger bands with the help of this indicator. As soon as there is a extreme contraction or expansion, we would know from bollinger bands that either the trend is going to change or it will continue in the same direction with more force.

There are other similiar indicators like momentum, MA, etc..but this one is quite fast.

As im trading with multilple currencies, the alert would help as soon as there is change in expansion and contracion on bollinger bands in any currency pair, doing manually is very difficult as i have to check each currencies again and again.

For delay=1, it may not work in 1hr or so higher time frames as this indicator is very fast in changing its signal, so waiting for an hour or so to get the alert will be futile to enter the trade

As the threshold value will be at the extreme, there will be more noise so to speak before the tick calms around the threshold value..so it would be normal for the tick to go up and down.

I hope i did not confuse you more with my explanation

Thank you again for your help and time.
  • #9
  • Apr 11, 2008 7:45pm Apr 11, 2008 7:45pm
Hi spiderforex, just to let you know Ill have a look at this tonight, most of what I provided you was done in a mad rush between other things, so Ill take some time to actually test it for you tonight.
You can quit and they won't care, but you will always know.
  • #10
  • Apr 11, 2008 8:13pm Apr 11, 2008 8:13pm
if Acuma99 himself put alert 4 you - Spiderforex, u should keep it as autograph
http://www.forexfactory.com/signatur...gpic4667_4.gif
- right, but shorts Not So Squeezy
  • #11
  • Apr 12, 2008 5:11am Apr 12, 2008 5:11am
Quoting Akuma99
Hi spiderforex, just to let you know Ill have a look at this tonight, most of what I provided you was done in a mad rush between other things, so Ill take some time to actually test it for you tonight.

ok..no problem...Thanks.
  • #12
  • Apr 12, 2008 5:15am Apr 12, 2008 5:15am
Quoting fxxx
if Acuma99 himself put alert 4 you - Spiderforex, u should keep it as autograph
http://www.forexfactory.com/signatur...gpic4667_4.gif
- right, but shorts Not So Squeezy
sorry..didn't get you.....guess...im not yet experienced enough to go naked charting for now, as i need indicators to better make a right decision

thanks
  • #13
  • Apr 12, 2008 4:22pm Apr 12, 2008 4:22pm
Quoting fxxx
if Acuma99 himself put alert 4 you - Spiderforex, u should keep it as autograph
http://www.forexfactory.com/signatur...gpic4667_4.gif
- right, but shorts Not So Squeezy
Heheh don't worry I got it fxxx ... very good

spiderforex, I will have to wait till tomorrow when the markets open for me to test this properly for you, need that tick by tick input that you don't get when the markets are closed.
You can quit and they won't care, but you will always know.
  • #14
  • Apr 13, 2008 3:07am Apr 13, 2008 3:07am
ok..no problem...sounds good.

Thanks
  • #15
  • Apr 13, 2008 9:30pm Apr 13, 2008 9:30pm
Here you go, this should do the trick .. I hope it makes you plenty of pips.
Attached File(s)
File Type: mq4 BBandWidthRatio_alert_v03.mq4   3 KB | 985 downloads
You can quit and they won't care, but you will always know.
  • #16
  • Last Post: Apr 14, 2008 3:00am Apr 14, 2008 3:00am
Quoting Akuma99
Here you go, this should do the trick .. I hope it makes you plenty of pips.

Wow...Thanks Akuma...It works like a charm..Thanks a million..
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