Threshold Alerts for the Volatility2Step Indicator
Summary
This document describes an alert layer for the Volatility2Step indicator. When the indicator crosses a user-defined trigger level, the program can issue notifications. Inputs let a trader set the threshold, choose which bar to evaluate, set the number of alerts, and enable sound, email, or mobile push notifications. A color parameter controls how the trigger level appears on the chart.
The page illustrates an indicator exceeding the threshold on the current bar and activating an alert. It does not explain how Volatility2Step is calculated, what the indicator measures, or whether a threshold crossing has trading significance. No entry or exit rules, tests, or performance results are provided. The material is therefore about signal delivery and configuration; users must define the indicator’s meaning and evaluate alert timing, including whether a current-bar signal can change before the bar closes.
Key ideas
- An alert is generated when Volatility2Step crosses a configured trigger level.
- Inputs control the trigger, the bar used for signaling, the alert count, and notification channels.
- Sound, email, and mobile push notifications can be enabled separately.
- The page gives no evidence that a threshold crossing predicts a profitable trade.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.