OPEN-SOURCE SCRIPT

How to consolidate multiple alerts into one

How to consolidate multiple alerts into a single alertcondition().

The solution consists of two parts:
1 - consolidate the alert conditions
2 - consolidate the alert types used in the alert message

Part two is harder to accomplish because the message to display when the alert fires must be const string.
However, we can use numbers.

The structure:
▪ 1 and 0 are used in formatting the message
▪ 111 - Enter Long
▪ 222 - Exit Long
▪ 333 - Enter Short
▪ 444 - Exit Short
Alert Message Example:
- method 2 (1 0111 0222 0333 0444) is equivalent to (enterLong exitLong enterShort exitShort)
- method 3 (1111) (2222) (3333) (4444) is equivalent to (enterLong exitLong enterShort exitShort)

It can help save time managing alerts, and it can also save precious real estate on your UI.
alertconditioncombineconsolidatemultiplealertssinglealertVolatility

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

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