trend line alert only if price pulls back

#1
First Post: Jan 16, 2014 10:58am Jan 16, 2014 10:58am

inad07
| Joined Oct 2009 | Status: Trader | 132 Posts

hi folks,
i have this trend line alert (found it here, thx!)

how can i declare that i only get an alert when price breaks at least 10 pips through the trend line and pulls back within 3 pips of the trend line?

int start()
{

int counted_bars=IndicatorCounted();
ObjectCreate(TLineName, OBJ_TREND, 0, Time[25], Bid, Time[0], Ask);
ObjectSet(TLineName, OBJPROP_STYLE, LineStyle);
ObjectSet(TLineName, OBJPROP_COLOR, LineColor);
ObjectSet(TLineName, OBJPROP_WIDTH, LineWidth);

double val=ObjectGetValueByShift(TLineName, 0);

if ( (MailSent <= Bars) && Bid-AlertPipRange*Point <= val && Bid+AlertPipRange*Point >= val)
{SendMail( Symbol() ,"");
MailSent = Bars + 3;
}

if ((SoundPlayed <= Bars) && Bid-AlertPipRange*Point <= val && Bid+AlertPipRange*Point >= val)
{PlaySound(AlertWav);
SoundPlayed = Bars + 3;
}

return(0);
}

thanks!

#2
Jan 17, 2014 10:53am Jan 17, 2014 10:53am

futurespec
Joined May 2011 | Status: If you think I'm mad, I must be mad | 1,058 Posts

Something along the lines of...

for long..

Inserted Code

 ..........
double val=ObjectGetValueByShift(TLineName , 0);

if(High[1] < val && Bid > val + mDistBeyondLine)
  {
    mMoveSet = true;
    mTime = TimeCurrent();
  }
  
if((MailSent <= Bars) && mMoveSet && TimeCurrent() < mTime + mDelay && Bid <= val + mPipsCloseToLine)
{
   SendMail( Symbol() ,"");
   MailSent = Bars + 3;
   mMoveSet = false;
}
........

Declare int mTime
Declare the vars double mDistBeyondLine (10 pips), mPipsCloseToLine (3pips) to appropriate values.
Declare mMoveSet as Bool and set to false at start.

Repeat similar for shorts.

M.

If you think I'm mad, I must be mad

#3
Last Post: Jan 17, 2014 7:43pm Jan 17, 2014 7:43pm

inad07
| Joined Oct 2009 | Status: Trader | 132 Posts

thanks!

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trend line alert only if price pulls back
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trend line alert only if price pulls back