New to Smartsheet - Setting alerts once status has changed

Hi all,

I hope you are all doing well.

I have tried to incorporate Smartsheet into my daily workings and hope you may be able to help. Seemingly, Excel is far easier when setting rules, but with automation needed I decided to use Smartsheet.

Currently, I have a project on hold sheet which records all projects that are placed on hold. I need to be aware when a project has been on hold for 90 days, so created =[Column6]@row + 90.

Then, I created a status column (Believe this is what I need) and created =IF([Column8]@row < TODAY(+5), 1, 0). This helps me identify when a project is above 5 days or below.

I was going to use this to then create an alert to when the status changes from 0 to 1, an automated reminder is sent.

This is obviously extremely basic, for one, I would rather have 3 choices. Yes with the green tick (Plus 5 days from todays date), Hold with the orange exclamation mark (between 5 and 1 days from todays date) and red with the X mark (Todays date and any date past).

Too, I cannot work out how to get the status column to actually show statuses rather than 1 and 0 in my original IF statement.

All of the above I have picked from various comments on the community, so if there are easier ways please feel free to advise. I'm all ears (Almost literally).

Thanks,

Dan