Elliott Wave
03-12-2009, 07:52 PM
CrossAbove/CrossBelow conditions are badly needed in the market analyzer and should have been there since day one in my opinion.
For myself, and I suspect many others, market analyzer alerts are almost useless without them and insanely frustrating. :cool:
For most indicators I can think of (ADX, CCI, RSX, MACD, KasePeakOscillator etc) CrossAbove/CrossBelow are the primary type of alert I would want.
Oscillators oscillate, generally around a center number like 0, 50 or 100 and the whole point of using them with the analyzer/alerts is to be notified when they cross above/below the center indicating a possible trend change. Unless I'm missing something there is no easy way to use these types of indicators without cross conditions.
Greater/less than doesn't work because it only triggers once and needs to be reset every time and having an arbitrary re-arm time is pointless, I don't need to be alerted every x seconds if something is still true, but only when it becomes true.
The way I see it, this shouldn't be seen as a possible enhancement to consider for the future but rather should be treated as a basic requirement for a functional market analyzer, a design flaw, and addressed as soon as possible. Its in every other part of the program, why not here, where its just as useful if not more so?
Its been almost two years since the market analyzer was introduced, can we please have this most basic of enhancements for NT7? :o
Hello,
Unfortunately, the Market Analyzer alerts do not support "CrossBelow". However, it is on the list for possible enhancements of the software.
The alert will fire only once if the condition is met. However, you can re-arm the alert. For example, if you use a value of 60, the alert will trigger again after 60 seconds if the conditions are met.
For myself, and I suspect many others, market analyzer alerts are almost useless without them and insanely frustrating. :cool:
For most indicators I can think of (ADX, CCI, RSX, MACD, KasePeakOscillator etc) CrossAbove/CrossBelow are the primary type of alert I would want.
Oscillators oscillate, generally around a center number like 0, 50 or 100 and the whole point of using them with the analyzer/alerts is to be notified when they cross above/below the center indicating a possible trend change. Unless I'm missing something there is no easy way to use these types of indicators without cross conditions.
Greater/less than doesn't work because it only triggers once and needs to be reset every time and having an arbitrary re-arm time is pointless, I don't need to be alerted every x seconds if something is still true, but only when it becomes true.
The way I see it, this shouldn't be seen as a possible enhancement to consider for the future but rather should be treated as a basic requirement for a functional market analyzer, a design flaw, and addressed as soon as possible. Its in every other part of the program, why not here, where its just as useful if not more so?
Its been almost two years since the market analyzer was introduced, can we please have this most basic of enhancements for NT7? :o
Hello,
Unfortunately, the Market Analyzer alerts do not support "CrossBelow". However, it is on the list for possible enhancements of the software.
The alert will fire only once if the condition is met. However, you can re-arm the alert. For example, if you use a value of 60, the alert will trigger again after 60 seconds if the conditions are met.