Bitcoin Price Threshold Alerts with a Minimum Push Interval
Summary
This tutorial describes a monitor for a selected crypto trading pair that sends a notification when the latest traded price rises above an upper threshold or falls below a lower threshold. The user can set the pair, both price levels, and how often the script checks prices. It also logs each observed price.
A timer suppresses repeated alerts until a fixed cooldown has passed; although an interval parameter controls how often prices are checked, the example’s alert cooldown is fixed in the code. The document gives sample settings and code, but no performance evidence or treatment of exchange outages, notification delivery, or price spikes between checks. It is a threshold alert utility rather than a trading signal or order execution strategy.
Key ideas
- The script checks the latest traded price for a configured crypto pair at a user-set interval.
- It logs a notification when price exceeds the upper threshold or falls below the lower threshold.
- A separate cooldown limits repeated alerts, and the example fixes that cooldown in the code.
- The document demonstrates notification and monitoring logic but provides no strategy performance evidence.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.