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1 Apr 2026 · 5 min read
Example project · Analysis · Algorithmic
Custom Indicator & Alert System
An alert script that fires only when several conditions are true at once — momentum, proximity to a pivot level, trend strength and volume — with an alert for each condition.
In the course curriculum
Project facts
- Difficulty
- Beginner
- Technology
- Pine Script v5, TradingView
- Category
- Analysis, Algorithmic
- Status
- In the course curriculum
Project summary
An alert script that fires only when several conditions are true at once — momentum, proximity to a pivot level, trend strength and volume — with an alert for each condition.
- Problem
- Standard indicators rarely express a specific analytical idea.
- Approach
- Write a custom indicator in Pine Script and attach alert conditions to it.
Skills developed
- Pine Script
- Alert design
- Multi-condition logic
Technology
- Pine Script v5
- TradingView
Prerequisites
- A TradingView account
- Familiarity with EMA, RSI and ATR
- Module 1 of the Pine Script course
Deliverable
The script source and screenshots of the configured alerts.
Project workflow
Stage 1: Choose the conditions
Decide which momentum, pivot, trend and volume conditions must align.
Stage 2: Code the indicator
Write each condition in Pine Script v5 and plot it.
Stage 3: Add alert conditions
Attach an alert to each condition and to the combined condition.
Stage 4: Test on charts
Check the alerts on several symbols and timeframes and note false triggers.
AlphaSync practice
- AlphaSync practice — Chart analysis practiceGuided chart exercises for reading trend, structure, volume and indicators, aligned with course modules.Status: Coming Soon
- AlphaSync practice — Strategy constructionExpress entry, exit and risk rules as an explicit, testable specification before writing any code.Status: Roadmap
AlphaSync is a simulated practice environment for education. Simulated and paper-trading environments do not reproduce all the characteristics of live markets, such as execution, liquidity, costs and emotional pressure. Simulated results do not represent actual trading and do not predict future results. Screens show illustrative data.
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