Daily Change Chart Alerts at a User-Defined Threshold

Summary

This indicator displays the daily change over a selected number of bars and can play configured alert sounds when the current bar reaches a specified limit. Its purpose is to make a chosen change threshold visible and noticeable on a chart.

The document gives no calculation details, threshold examples, performance evidence, or guidance for interpreting alerts. It does not explain how the daily change is measured or how the number of bars affects the result, so traders would need to check the indicator settings before relying on it.

Key ideas

• The indicator displays daily change over a user-selected number of bars.
• A configured sound can play when the current bar reaches the specified limit.
• The document does not define the change calculation or provide evidence about trading outcomes.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.