|
| |
 Use timetotrade to set up trading rules and receive alerts to your email, cell phone or instant messanger as soon as your RSI investment conditions are met.
You can set up alerts to notify you when eg the RSI rises above 30, falls below 70, breaks-out or pulls back.
Click here to open a FREE timetotrade account today and access Price and Technical Indicator Charts and Alerts for the UK and US markets, online, at any time.
timetotrade watches the markets, so you don't have to. Use timetotrade to avoid missing trading opportunities, regardless of how busy you are ...and when it's time to trade we'll let you know!
How to Create RSI Alerts
To create an alert, go to the timetotrade Charts page >> , and enter the ticker symbol for the stock or currency pair you wish to follow. This will take you to the chart / alert creation page. The system is defaulted to show the Price chart with the MACD chart below, but once you have set up a timetotrade account you can select your own default settings.
You can adjust the default period and interval parameter values to find the best fit between price movement and the RSI indicator. The default period setting is RSI (14), but you can change the period to suit your trading preferences.
To the right hand side of timetotrade's price and technical charts are sets of "Alert Trigger Buttons":
To create an RSI Alert, just click the Alert Trigger buttons next to the RSI chart. There are no programming languages to learn, no macros or complex forumulas for you to write. Just click a button, enter your parameters, "add the trigger" and "activate" and your alert is created. Simple!
There are four types of RSI Alert Triggers available on the timetotrade system:
 | Rising Threshold Trigger Alert
Click this trigger button to create alerts to notify you when the value of the RSI rises above a particular value (eg RSI rises above 30)
|
 | Falling Threshold Trigger Alert
Click this trigger button to create alerts to notify you when the value of the RSI falls below a particular value (eg RSI falls below 70)
|
 | RSI Break-Out Trigger Alert
Click this trigger button to create alerts to notify you when the RSI increases by certain value within a specified interval period.
|
 | RSI Pull-Back Trigger
Click this trigger button to create alerts to notify you when the RSI decreses by a certain value within a specified interval period.
|
Rising RSI Alerts
To create an alert that will be triggered and notify you when the RSI rises above a certain value, just click the RSI "Rising Threshold" Trigger button as shown below.
This opens up a text box on the RSI chart.
Step 1: Input the value you wish to be notified the RSI has risen above, eg 70
Step 2: Click the "create trigger" button:
The alert conditon will then appear in the "Alert Creation" box on the right hand side of the chart page. Here you can customise the alert to suit you: for example you can personalise the alert message you will receive, decide how you would like to be notified and where you would like the alert sent. You can choose to have the alert sent to your email and/or mobile phone or instant messanger.
Step 3: Click the "activate" button
And that's it! Your alert is set up. It really is that simple.
The next time the RSI rises above, eg 70 you will be notified by an alert sent to your email, instant messanger or cell phone.
Falling RSI Alerts
To create an alert that will be triggered and notify you when the RSI falls below a certain value, just click the RSI "Falling Threshold" Trigger button as shown below:
As in the previous example, input the value you would like to be alerted that the RSI has fallen below, (eg 30) and customise and "activate" your alert as previously described. The next time the RSI falls below your specified value, you will be notified by an alert sent to your email, instant messanger or cell phone.
RSI Break-Out Alerts
To create an alert that will be triggered and notify you when the RSI increases by a certain amount, just click the RSI "Break-Out" Trigger button as shown below, input the value you wish to see the RSI increase by, and customise the alert to suit.
Remember to click the "activate" button. The next time the RSI increases by your specified value, you will receive an alert to your email, instant messanger or cell phone.
RSI Pull-Back Alerts
To create an alert that will be triggered and notify you when the RSI decreases by a certain value, just click the RSI "Pull-Back" Trigger button as shown below, input the value you wish to see the RSI fall by, customise and "activate" the alert.
The next time the RSI decreases by your specified value, you will receive an alert to your email, instant messanger or cell phone.
Adjusting the Parameters
The default RSI period on the timetotrade charts is 14. However, you can adjust the interval and period to suit your trading strategy. Click the chart "settings" button:
To change the variable enter your preferred values into the "period" text box, then press the keyboard "refresh" button to update the charts or click the "save" button to make your changes the default chart settings:
Multi-Condition Alerts
timetotrade can also be used to create alerts on Price and Volume as well as the technical indicators: Stochastic, Bollinger Bands, MACD and Moving Averages.
Once you are familiar with creating basic alerts you can use timetotrade's advanced features to customise your alerts to suit you. You can build compound alerts containing multiple trigger conditions against price and multiple technical indicators; for example:
you could set up rule that will trigger an alert to be sent to you when the share price falls below a defined value followed by the stochastic increasing above 20 and a positive MACD crossover.
You can also edit the alert message you will receive and you can specify where particular alerts are to be sent - to your email and/or mobile phone or PDA.
Real-Time Alerts
We are now able to offer FREE Real-Time Price and Technical Indicator charts and alerts for Forex and for most of the popular stocks traded on the London Stock Exchange.
Forex: The price data is provided by Currenex. To view currenex data, use the prefix CX: in front of the currency pair, eg "CX:GBPUSD".
Shares: The real time price data is provided by alternative exchanges like Chi-X, Turquoise or BATS Trading and does not necessarily represent the top bids or asks in the market place.
To view a real-time stock quotes use the prefix "GB:" when inputing the stock ticker symbol, eg "GB:BARC" for Barclays, or "GB:ABF" for Associated British Foods. (Using the default .L suffix gives you 15 minute delayed prices from LSE).
Click here to open a FREE timetotrade account today... and never miss another trading opportunity again!
|
