From Timetotrade
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To the right hand side of every price and technical indicator chart there are a set of "Alert Trigger" buttons:
Each Alert Trigger has a different function. If you hover your mouse over the Alert Trigger buttons on the CHART page, a brief description of the Alert Trigger will be displayed.
The following provides an over view of the different Alert Trigger types:
| Alert Trigger Buttons:
| Description
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| Trend Line Triggers Click the trendline trigger buttons to create alerts to notify you when the price rises above or falls below a trendline you have drawn on the chart
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| Rising / Falling Threshold Triggers Click the rising/falling threshold trigger buttons to create alerts to notify you when the price or technical indicator rises above a particular value (eg the price rises above $5 or the RSI falls below 30)
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| Percentage Change Triggers Click the percentage change trigger buttons to create alerts to notify you a price or technical indicator values changes by a defined percentage (eg the price decreases by 5% within a specified time period)
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| Break-out / Pull-back Triggers Click the breakout/pullback trigger buttons to create alerts to notify you when a price or technical indicator value increases by a specified amount (for example the stochastic increases by 5 points)
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| Cross Over Triggers Click the cross over trigger buttons to create alerts to notify you when either two technical indicators cross (eg a MACD crossover) or when price crosses a technical indicator (eg the price crosses the 50 day moving average)
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To create your alert, simply click on the appropriate trigger button to the right hand side of the price or technical chart / overlay whose change in conditions you wish to be alerted about.
For example, if you are creating a price alert, use the trigger buttons to the right hand side of the price chart. If you are creating a MACD alert, use the trigger buttons to the right hand side of the MACD chart. If you are creating a Stochastic alert, use the trigger buttons to the right hand side of the Stochastic chart, etc.
Some triggers require you to input values in the relevant text boxes which will appear below the chart. When you have input the relevant information, press the "Add Trigger" button and then "activate" your alert. After clicking on a trigger button, the alert conditions will appear in the "Alert Creation" box - to the right hand side of the chart, where you can further edit and customise the alert to suit. We will look at some examples in the following tutorials.
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