Tuesday, September 22, 2015

Do you want it Alert as soon as rise in Volume?

Before this I would like to introduce few indicators in YouTrader related to Volume
  1. Volume, this displays the today's volume in Lakh's. So if is it 10.5 that mean actual volume is 1050000. If you are watching Weekly File then its Weekly Volume 
  2. LDV, it's Last Day Volume in Lakh's. 
  3. LDV%, It's Percentage difference between Volume and LDV.  If LDV is 10 and Volume is 2 that mean LDV% is 20%. That mean it filled 20% of LDV so far. If its 100% that mean it Today's Volume = LDV. More than 100% that mean it has more volume compare to Last Day
  4. 5DVMA, It's 5 Day Volume Moving Average. 
  5. 5DVMA%, again its Percentage difference between Volume and 5DVMA. 

Now to check where the today's volume with respect to LDV, 

  1. Go to View >> Volume Indicators and Sort out LDV% by clicking LDV% header. Add the columns using Columns >> Settings if columns not there in View
    http://i.imgur.com/y3UTXTg.png
  2. Use USCript to filter out like "LDV% >= 200", that mean double the volume than previous day
You can get alert as soon as it rise defined volume 
  1. Go to Alerts >> Add New - UScript Alert
  2. Add any readable message like "Volume Cross 200%"
  3. Add UScript "DVC(200)". DVC Stands for Daily Volume Cross
  4. Click OK.
You are done with Alert. Now in Live Market, as soon as volume cross 200% it will popup Alert Message "Volume Cross 200%".  http://i.imgur.com/bupOBnz.png


You can OFF this alert using Alerts >> Alert Manager - UScript. Check Specific Alert and Go to File >> Switch OFF. http://i.imgur.com/5jGv9Me.png

OFF Alerts will not executed till the time you ON it in similar way.

This was all for daily, You can do the similar things in Weekly using LWV, LWV%, 5WVMA, 5WVMA%, WVC (Weekly Volume Corss) for UAlert only

-- Author

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