Histogram Alerts for Zero Crossings, Direction Changes, and Extremes

Summary

This document describes alert options for a histogram-based indicator. It lists four event types: a histogram crossing zero, a change in its direction of movement, a move through an overbought or oversold level, and an exit from either extreme zone. Users can configure which bar triggers notification, the number of alerts, and whether alerts use sound, email, or a mobile push message.

The material focuses on notification behavior rather than explaining how the indicator calculates its histogram, defines its extreme levels, or generates a trading signal. It references a smoothing library needed by the platform implementation, but gives no market examples beyond captions and no evidence about signal accuracy, profitability, or alert timing. These notifications can surface indicator events for review; they do not establish that an event predicts price movement or specify an entry, exit, or risk-management rule.

Key ideas

• The indicator can alert on histogram zero crossings and changes in direction.
• Alerts can also flag crossings into or exits from overbought and oversold regions.
• Sound, email, and mobile push notifications are configurable.
• The document does not explain the histogram calculation or validate the trading value of its alerts.

Tags

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