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Trend Magic Alarm

The Trend Magic Alarm shows the direction of a trend and indicates when it changes with a sound, popup window, push or email notice. Blue dots in the chart indicate an uptrend, red dots indicate a downtrend.

Levels of former highs + lows give orientation in a chart. Trend Magic Alarm can draw these levels as lines in the chart, see inputs.

Input Parameters

  • Counter: number of bars used for calculation
  • PowerSet: shows how near to the bars the trigger dots are placed
  • DotSize: size of the shown dots

  • PopupAlarm: Alarm can be de/activated

  • SoundAlarm: Alarm can be de/activated

  • EmailAlarmAlarm can be de/activated

  • PushAlarmAlarm can be de/activated

  • Text_Buy: Text shown in Alarm
    Text_SellText shown in Alarm

  • Levels of former highs + lows give orientation in a chart. Trend Magic Alarm can draw these levels as lines in the chart.

  • A change of a trend on a indicated level is a strong signal.

  • ShowDays: Shows max. + min. levels of former days. Set=5 it shows last 5 days, 0 = disabled

  • ShowWeeks: Shows max. + min. levels of former weeks. Set=5 it shows last 5 weeks

  • ShowMonths: Shows max. + min. levels of former months. Max setting is always 5

  • By mouseover on a horizontal line it shows e.g.: hhw1 = highest hight week 1

  • In screenshot 2 is shown the mouseover for hlw1: high low week 1 = middle between highest high and lowest low of the week before

  • it also shows hld1 =  middle between highest high and lowest low of the day before

  • hlm1    middle between highest high and lowest low of month before.

  • Lines are drawn only on the current day, not on former days.

  • Note: Setting Trend Magic Alarm first time on the chart to show the lines it usually shows wrong levels, as the data wasn't there.

  • Just remove Trend Magic Alarm from the chart and set it on again, then it should show the correct levels.

The colors of the dots can be changed.

The indicator works in every chart and informs with a sound and a popup window when the trend direction changes, as shown in the picture below.

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sunnychow 2018.02.24 11:13 

It is so pity, the indicator has not the function of Email/Push notification. I really hope Heiko would modify it. I just want to Buy/Sell signal which has Email/Push notification.

Responder ao comentário
Versão 1.2 2022.05.25
Showing of horizontal lines in chart added
Versão 1.1 2019.06.13
EmailAlarm and PushAlarm added