Simple Script for getting alerts on the crossing of Upper & Lower levels either way. Good for Free users as they can only use 1 alert at a time. So this indicator will be useful to get alerts on both Breakout Or Breakdowns.
Hi sir , I couldn't understand how t configur this and how to get benefit please explain me
nicks1008
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@ksekannan1992, Hi, It is useful for setting alerts on 1 instrument if you want to track the Breakout or Breakdown. You have to manually add UL (Upper Limit) and LL (Lower Limit) and create an alert. If any of these levels breaks, you get an alert. In free account, you can have only 1 alert active at a time, this way you have 2 alerts. (for same instrument)
Example - If you think 17200 is critical intraday/positional level for Nifty to go further down, and 17300 is good level to go up, you simply out UL as 17300 and LL as 17200 & place alert.