Single Alerts
All alerts can be found in the main ILPAC script
The ILPAC indicator provides a robust set of alert conditions to keep traders informed about critical events across market structure, liquidity levels, trend lines, and FOMO-driven market activity. These alerts are designed to ensure traders can act promptly on significant market movements and sentiment shifts, improving their ability to capitalize on trading opportunities.
How to Set Up Alerts
For a detailed guide on setting up alerts, refer to the example provided in your platform’s documentation. Alerts can be customized to trigger for specific events based on your trading preferences.
Market Structure Alerts
Bullish CHoCH (Change of Character): Triggers when a new high is confirmed, signaling a potential reversal from a bearish to a bullish market structure.
Bearish CHoCH: Activates when a new low is confirmed, indicating a shift from a bullish to a bearish structure.
Bullish BOS (Break of Structure): Notifies when a bullish structure break occurs, signaling a continuation of upward market momentum.
Bearish BOS: Triggers when a bearish structure break is detected, suggesting continued downward pressure.
Swing High/Low Alerts (HH, LH, HL, LL): Activates when new higher highs (HH), higher lows (HL), lower highs (LH), or lower lows (LL) form, enabling traders to track the progression of market trends in real time.
Liquidity Alerts
Bullish Liquidity Hit: Signals when price reaches a bullish liquidity pool, often indicating a potential area of resistance or price reaction.
Bearish Liquidity Hit: Triggers when bearish liquidity is tapped, suggesting a potential area of support or market reaction.
Trend Line Alerts
Bullish Trend Line Formed: Activates when the indicator detects a new upward trend line, which may act as support during a bullish trend.
Bearish Trend Line Formed: Signals the detection of a new downward trend line, which may act as resistance in a bearish trend.
Bullish Trend Line Break: Notifies when price breaks above an established bullish trend line, often signaling the start of an uptrend or continuation.
Bearish Trend Line Break: Triggers when price breaks below a bearish trend line, indicating potential downtrend continuation or reversal.
FOMO Bubble Alerts
Small Bullish FOMO Bubble: Activates when minor bullish FOMO activity is detected, potentially signaling an increase in buying pressure.
Small Bearish FOMO Bubble: Signals minor bearish FOMO, with the potential for increased selling pressure.
Big Bullish FOMO Bubble: Notifies when a significant bullish FOMO event occurs, often preceding a strong upward price move.
Big Bearish FOMO Bubble: Triggers on high bearish FOMO activity, often associated with heightened selling pressure and potential price declines.
Support and Resistance Zone Alerts
New S/R Zone Formed: Activates when a new support or resistance zone is detected, marking a potential area of price reaction or consolidation.
How to Use Alerts Effectively
Stay Ahead of Market Movements: Alerts ensure traders are notified of critical events like trend reversals (CHoCH) or liquidity taps, enabling timely decision-making.
Combine Alerts for Confluence: Use multiple alerts, such as a bullish CHoCH aligning with a bullish liquidity hit, to confirm high-probability trade setups.
Customize Alerts for Your Strategy: Tailor alert settings based on your trading style. For example, scalpers might focus on swing high/low alerts, while swing traders could prioritize BOS or CHoCH events.
By leveraging these alerts, traders can monitor significant changes in market structure, trend shifts, liquidity taps, and sentiment-driven activity in real time. Setting up these alerts ensures you stay informed and prepared to act on opportunities as they arise.
Last updated