DYO: SMI Cross Average

Question:

I want an alert triggered when SMI crosses its average to the downside above the 75 area and vice versa.

Answer:

This is one solution.

Line A and F test for the SMI crossing its average.  Line A is a crossing downward, and Line F is a crossing upward.

Line B is the SMI study value.  On the SMI property form have the % option checked so it plots on a percent scale.

Line C tests for SMI being above 75 and shows a blue horizontal band on the top of the chart when this condition is True.

Line D shows a vertical blue zone marker when conditions A and C are both true.

Line G tests for SMI being below 25 and shows a red horizontal band on the top of the chart when this condition is True.

Line H is the trigger of both conditions F and H being true, and shows this a the vertical red zone marker.