Creating a Signal Marker (Alarm) on Keltner Channel

Posted in RTL, User Tips by tharnett on July 1, 2010

More and more people are showing interest in RTL (Real Time Language). This is the language in MarketDelta used to create custom indicators and studies that does all sorts of things.

Below is an example of a practical way to have a marker popup on a chart when a specific condition is met. In this case we have a Keltner Channel and want to see the bars that close above or below the channel and have those bars specifically marked in some way.

The video below shows how to accomplish creating a simple signal and the links below are a great place to start learning RTL. Something not in the video but can be accomplished is the ability to have the signal produce an audible sound when the signal occurs. This is in the signal marker properties. Just click the box “Signal Action” and choose a sound.

Complete RTL Information and RTL 101

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