VIRTUAL/WETH Pool with Upper/Lower Limits and Alerting
Wrote this to monitor my VIRTUAL/WETH pool with upper and lower range limits and alerting.
Adjust the pine script to your liking.
Adjust the pine script to your liking.
Trade active
//version=5
indicator("Liquidity Pool Price Range with Alerts (Clean)", overlay=true)
// Input fields for upper and lower price limits
lower_limit = input.float(0.001137, title="Lower Price Limit")
upper_limit = input.float(0.001662, title="Upper Price Limit")
// Plot the lower and upper price limits as clean horizontal lines
line.new(bar_index[0], lower_limit, bar_index[1], lower_limit, color=color.red, width=2, extend=extend.right)
line.new(bar_index[0], upper_limit, bar_index[1], upper_limit, color=color.green, width=2, extend=extend.right)
// Alerts for when price crosses limits
if close < lower_limit
alert("Price has crossed below the Lower Limit!", alert.freq_once_per_bar)
if close > upper_limit
alert("Price has crossed above the Upper Limit!", alert.freq_once_per_bar)
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.