Scrybblez Alerts

8 сент. 2018 г.

## Scrybblez Alerts ##

Request access for a trial here or by twitter to @scrybblez

0.What is this Indicator for?

This indicator contains the same code present in Scrybblez Strategy but instead of being a strategy, it is a study. Why is that? Tradingview works in a way that allows Strategies to signal entries and backtest results but does not allow them to send alerts. Studies on the other hand can prompt alerts.

Being able to backtest how well does your Indicator work is very important, but it's useless to have the perfect algorithm and then not being able to act on those signals in time, which is why I wrote this Study.

1.Alerts

Alerts can be set in a few different ways, first let's go through how you can receive them.

- Showing a popup
- Playing a sound
- Sending an email
- Sending an SMS

The first two are useful for when you're in front of the computer or around the house (to avoid being glued to the screen) and the second two for when you're away and want to know of an important event that just occurred.

Since they are quite limited people have come up with ways of making use of these alerts in ingenious ways, one of them for example is to make use of Browser extensions (Autoview, ProfitView,...) to make trades automatically and avoid missing those juicy entries that your indicator just found for you.

2.How to set the alerts?

This study has 9 alerts inside.

_ALERT TEST
The first alert is one I configured so that I can use it to debug if my alerts are prompting, there is nothing more painful than thinking you configured all your alerts correctly, then waiting for an alert to trigger only to see thatthe alert did not work because you misconfigured something or worse, that you prompted that alert once per minute... and you exited several times your current position.
To avoid this, we have this alert, it will ALWAYS trigger, use it to test if your alerts work but DO NOT USE it for anything else.

The remaining 8 alerts' "Message" comes pre-configured (in pairs) with bitmex and bitmex-testnet for ease of use with sample settings for using them with AutoView and Bitmex:

Description of sample settings provided for Autoview

Platform: Bitmex
Bitmex-Testnet Account: bitmex
Bitmex Account: bmex
Leverage: x1
Quantity: 99% of your portfolio

Actual Alerts to be configured

1) LONG
Condition: Scrybblez Alerts and * Open Long * is meant to be linked with both
Alert Condition: LONG and/or TESTNET LONG

2) CLOSE LONG
Condition: Scrybblez Alerts and * Close Long * is meant to be linked with both
Alert Condition: CLOSE LONG and/or TESTNET CLOSE LONG

3) SHORT
Condition: Scrybblez Alerts and * Open Short * is meant to be linked with both
Alert Condition: SHORT and/or TESTNET SHORT

4) CLOSE SHORT
Condition: Scrybblez Alerts and * Close Short * is meant to be linked with both
Alert Condition: CLOSE SHORT and/or TESTNET CLOSE SHORT

After linking the "Condition" with its corresponding "Alert Condition" I advise you to use the option "Once per close bar".
Finally I personally always tick for "Alert actions" both Play sound and Send Email.

If you are happy with using the sample settings provided above, please be aware that Bitmex is a trading platform where you risk being LIQUIDATED and you could potentially lose your entire portfolio. If you are still Ok with it, proceed at your own risk, I myself use either leverage x3 or x4 any higher than that and you're asking to be liquidated with an unexpected 20% spike (and these spikes have happened a few times before) or some heavy manipulation, I advise caution until you know what you are doing.

Also, please note that although I personally use this indicator to trade, the alerts that it provides are by no means to be taken as financial advice from me and you follow them at your own risk, we are all grownups here.


*** Reminder ***

Scrybblez Alerts works with the same code as Scrybblez Strategy, all stated there applies here as well.

How does this strategy work?
This strategy works particularly well with Bitcoin and can be applied to volatile coins with big swings with smaller movements.

It comes preconfigured with settings for 202 minutes.