LuxAlgo Signals & Overlays Alerts
LuxAlgo Signals & Overlays Alert Conditions
The LuxAlgo Signals & Overlays indicator has various alert conditions based on each signal mode included in the indicator. Once you are comfortable with our signal terminology you should be able to understand what each of these alerts does, these are described below:
| Alert | Description |
|---|---|
| Any alert() function call | Triggers when a user set condition is trigerred (see section below) |
| Any Confirmation | Triggers when any confirmation signal (bullish/bearish normal/+) is displayed |
| Any Bullish Confirmation | Triggers when any bullish confirmation signal (normal/+) is displayed |
| Any Bearish Confirmation | Triggers when any bearish confirmation signal (normal/+) is displayed |
| Any Confirmation+ | Triggers when any confirmation + signal (bullish/bearish) is displayed |
| Any Contrarian | Triggers when any contrarian signal (normal/+ bullish/bearish) is displayed |
| Any Bullish Contrarian | Triggers when any bullish contrarian signal (normal/+) is displayed |
| Any Bearish Contrarian | Triggers when any bearish contrarian signal (normal/+) is displayed |
| Custom Alert | Triggers when a user set custom alert is trigerred |
| Bullish Confirmation | Triggers when a normal bullish confirmation signal is displayed |
| Bearish Confirmation | Triggers when a normal bearish confirmation signal is displayed |
| Bullish Contrarian+ | Triggers when a bullish confirmation+ signal is displayed |
| Bearish Contrarian+ | Triggers when a bearish confirmation+ signal is displayed |
| Bullish Exit | Triggers when a bullish exit signal is displayed |
| Bearish Exit | Triggers when a bearish exit signal is displayed |
| Trend Catcher Down | Triggers once the trend catcher starts decreasing (switch from green to red) |
| Trend Catcher Up | Triggers once the trend catcher starts rising (switch from red to green) |
| Trend Tracer Down | Triggers once the trend tracer starts decreasing (switch from green to red) |
| Trend Tracer Up | Triggers once the trend tracer starts rising (switch from red to green) |
Using Placeholders With Confirmation/Contrarian Alerts
When creating an alert using 'Any Confirmation' or 'Any Contrarian' it is possible to use placeholders so that the alert message returns the type of signal that triggered the alert.
In order to do so, paste the following line in the message field:
Bullish : {{plot("Bullish")}} | Bearish : {{plot("Bearish")}} | Bullish+: {{plot("Bullish+")}} | Bearish+ : {{plot("Bearish+")}}
Any Alert() Function Call
The any alert() function call alert condition allows to create one alert using various conditions, this allows to bypass the limit of one alert for free users as well as making the process of updating many alerts faster and easier.
In order to create such alert go to the indicator settings, and scroll down to the 'ANY ALERT() FUNCTION CALL CONDITIONS' section.
Toggle on the conditions of interest. Now create a new alert, in the first Condition drop-down menu select the LuxAlgo Premium indicator, in the second drop-down menu select Any alert() function call, you can then create the alert.
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This alert would use once per bar close by default.
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All in one alerts do not differ from regular alerts, they will be using the same indicator settings as the one used during their creation. Note however that you cannot set a custom message for all in one alerts, the message displayed when the selected conditions trigger will be the same as the one used in the same individual alert conditions.
Updating Alerts Using Any Alert() Function Call
If you already set an any alert() function call alert and want to change the indicator settings or want to toggle on another condition all you need to do is edit the alert you want to update, select the second instance of the indicator in the first Condition drop-down menu and then click on save.
Custom Alert Creator
Users wishing to construct more complex alerts can use the Custom Alert Creator to combine/filter out conditions related to certain features within the toolkit as well as external indicators.
The custom alert creator contains various toggles and associated conditions, enabling one or multiple toggles would alert the user if the resultant trigger condition is valid.
example
An user wishing to be alerted when any bullish confirmation is displayed while both the smart trail and the trend catcher are indicating an uptrend while the trend strength is greater than 50 would toggle the following conditions:
External Source
The custom alert creator allows creating an additional condition using external indicators. Users can compare an external selected source to a specified threshold.
Users can either use a numerical value as threshold, or a price series such as "close" for the closing price, "open" for the opening price, "high" for the high price, and "low" for the low price.
example
Users wishing to create a condition such as the price being greater than an external moving average can do it as follows:
