Low Price above Lower Bollinger Band in 1 of the last 4 candles

Discussion in 'Ask A Question' started by Customer Questions, Jun 11, 2016.

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  1. Customer Questions

    Customer Questions John @ timetotrade

    I need a trigger that alerts when the low price of the candle is above the lower Bollinger band in at least one (could be more than 1) of the last 4 candles.
     

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  2. Customer Care

    Customer Care John @ timetotrade

    To determine if the Low Price has been above the Lower Bollinger Band over the last 4 candles, subtract the Lower Bollinger Band from the Low Price. If the value is positive, then the Low Price is above the Lower Bollinger Band. If the value is above zero over the last 4 candles, then the Low Price has been above the Lower Bollinger Band at some point over the last 4 candles.

    A custom indicator has been built to check if the Low Price was above the Lower Bollinger Band at some point over the last 4 candles and can be imported using the code: 4173-AE91-0508. Click here to learn how to import custom indicators.

    upload_2016-6-11_19-48-53.png



    To create an alert to check if it is above 0, click on the Rising Threshold Trigger on the chart, add it to the alert, then set the Trigger to check if the 'Max Low vs BBL' is ABOVE 0:

    upload_2016-6-11_19-52-56.png

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    Last edited: Jun 12, 2016

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