📌 Detailed Explanation of the Custom Time Alert with Vertical Line in Pine Script v5 This script is a time-based alert system designed for TradingView. It allows traders to set a specific hour and minute for alerts and provides visual indicators on the chart, including a marker when the alert triggers and a vertical line at the alert time.
🔹 Main Features Custom Alert Time → Users can specify the exact hour and minute for an alert. Time Zone Offset Support → Users can manually adjust their local UTC offset to ensure alerts trigger at the correct time. Real-Time Alert Condition → When the market reaches the set time, an alert notification is triggered. Chart Visualization → A red marker appears when the alert is activated, and a blue vertical line is drawn at the alert time. Automated Calculation → The script adjusts the alert time based on the user’s time zone settings. 🛠️ How It Works User Input for Alert Time
The script allows users to enter their desired alert hour (0-23) and minute (0-59). This ensures the alert triggers at the exact specified time. Time Zone Offset Handling
Users enter their UTC offset (e.g., New York is -5, Tokyo is +9). This ensures alerts work correctly regardless of the user’s location. Time Calculation
The script adjusts the TradingView time by adding the time zone offset in milliseconds. This converts the UTC-based TradingView time into the user’s local time. Checking for a Time Match
The script constantly checks if the current hour and minute match the user-defined alert time. If they match, the script activates an alert. Triggering Alerts
The script uses TradingView’s alertcondition() function to create an alert. When the time matches, TradingView sends a notification (e.g., pop-up, sound, or mobile alert). Chart Markers for Visual Alerts
A red marker is displayed on the chart when the alert triggers. A blue vertical line is drawn at the exact alert time. 📌 Example Use Cases 📈 1. Forex Traders Monitoring Market Opens A forex trader who trades the London session wants an alert when the market opens at 8:00 AM UTC.
The trader sets: Alert Hour = 8 Alert Minute = 0 Time Zone Offset = 0 (for UTC) When the market reaches 8:00 AM UTC, the script triggers an alert. 📈 2. Stock Market Open Alerts A trader in New York (EST) wants an alert at 9:30 AM Eastern Time (New York Stock Exchange open).
New York’s UTC offset is -5. The trader sets: Alert Hour = 9 Alert Minute = 30 Time Zone Offset = -5 The script ensures the alert triggers at 9:30 AM EST. 📈 3. Crypto Trader Watching a Specific Time A crypto trader wants an alert for a specific strategy at 3:00 PM in Tokyo (UTC+9).
Tokyo’s UTC offset is +9. The trader sets: Alert Hour = 15 Alert Minute = 0 Time Zone Offset = +9 The script ensures the alert triggers exactly at 3:00 PM Tokyo time.
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