VIRTUAL/WETH Pool with Upper/Lower Limits and Alerting

4 days ago

Wrote this to monitor my VIRTUAL/WETH pool with upper and lower range limits and alerting.

Adjust the pine script to your liking.

4 days ago

Trade active

//version=5
indicator("Liquidity Pool Price Range with Alerts (Clean)", overlay=true)

// Input fields for upper and lower price limits
lower_limit = input.float(0.001137, title="Lower Price Limit")
upper_limit = input.float(0.001662, title="Upper Price Limit")

// Plot the lower and upper price limits as clean horizontal lines
line.new(bar_index[0], lower_limit, bar_index[1], lower_limit, color=color.red, width=2, extend=extend.right)
line.new(bar_index[0], upper_limit, bar_index[1], upper_limit, color=color.green, width=2, extend=extend.right)

// Alerts for when price crosses limits
if close < lower_limit
alert("Price has crossed below the Lower Limit!", alert.freq_once_per_bar)

if close > upper_limit
alert("Price has crossed above the Upper Limit!", alert.freq_once_per_bar)