Giant bar alert indicator

Managed to find this simple indicator.

For any active timeframe, the indicator watches the development of the very candle, if the close-open value exceeds a designated amount, a pop-up window and sound alert is triggered. And, after a designated time interval, if the fact is still true, it triggers the alarm again.

Hope this helps. Any improvement is welcome.

Thanks for Hanover (David) for the kind advice.

Cheers

Can someone help to add two more conditions to the indicator?
1. when (close - low) > certain value, potential bullish reversal
2. when (close - high) > certain value, potential bearish reversal

Then this indicator is more useful.

Thanks and cheers.

Samuri:

Try this!

Regards,
EuroDude

hi there...thanx for giving out this indi...i think it can be further improved with conditions like below:

1. if the real body of active candle is 3 times the size of previous candle's real body.

2. open/close is near the low/high...probably the distance of 1/4 is ok...

the most important is the real body must be 3 times larger...

this type of candle can be used to reenter in its trend or as a signal of reversal trend, that's why it is actually important...but to wait for it to happen, hmmm...

so i think an alert is better for this...tq for anyone who wants to make this happen...

Hi gilos:

Can you post some images where the real body of an active candle is 3 times the size of previous candle's real body?

I'm not aware of this signal showing a trend re-entry or reversal!

Regards,