Alerts are triggered as long price stays above or below a certain value and is delayed by a rearm time.
It's simpler than the market analyzers alerts yet a bit more complex than the price alert indicator.
Unfortunately one error in the configuration xml can disable the whole system so be careful or check the output window.
The reason why i use a configuration file is that changing the price alert indicator would have reset the volume profile.
If i feel like it i might add lines showing at which price level the alerts are trigger somewhen later. Probably should despaghettify the parsing code as well.
Have fun.
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