Monitoring Price, ATR, RSI, and Bollinger Indicators with Alerts

Summary

This document describes a monitoring utility that polls exchange data and logs one selected value: market price, ATR, RSI, or Bollinger Band width. Users can set indicator periods, alert bounds, polling and retry intervals, and an alert cadence. Price alerts are based on crossing configured limits; RSI alerts track crossings of its midpoint; Bollinger alerts identify local peaks or troughs in band width. The tool can use exchange candles or construct records from ticker updates, and includes a switch for push notifications.

The parameter list and source explain the monitoring and alert behavior, including support for futures contracts and currency conversion settings. No trading entries, position management, backtest, or performance evidence is presented; this is an operational alert tool rather than a trading strategy. The code retries failed exchange calls in loops, and its alert rules and bounds require careful interpretation—for example, ATR threshold messages do not establish whether volatility is favorable or dangerous. Alerts alone do not validate a signal or account for execution costs.

Key ideas

• The monitor tracks one selected series: price, ATR, RSI, or Bollinger Band width.
• Alerts use configured price or ATR bounds, RSI midpoint crossings, or local Bollinger-width turning points.
• Polling intervals, indicator length, alert cadence, and optional push notifications are configurable.
• The utility reports market conditions but does not define trades or demonstrate strategy performance.
• Exchange retries and threshold interpretations affect how the monitoring behavior should be assessed.

Tags

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