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Use timetotrade to set up trading rules and receive alerts to your email, cell phone or instant messenger as soon as your Trend Line investment conditions are met.
Draw Trend Lines and set up email or sms alerts to your cell phone to notify you the minute the share price rises above or falls below its trend line.
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!
Start creating your own Trend Line Alerts: Click here >>'
How to Set Up Trend Line Alerts
To create an alert, go to the timetotrade CHARTS page, and enter the ticker symbol for the stock or currency pair that you wish to follow. This will take you to the chart / alert creation page. The system is defaulted to show a 6 month price chart, based on a 1 day interval period, but you can adjust these to suit your trading strategy.
To draw diagonal trendlines on the chart, click the "draw trendline" button. This button is found to the top right hand side of the chart, as illustrated in the following screen shot:
Position your mouse cursor on the chart where you would like the trendline to begin and left click your mouse button. Holding down the button, manoeuvre the line until you are happy with the alignment and then let go of the button.
Each trend line has two blue spots - these are the "drag points". Click and drag on either of the drag points to change the gradient of the trendline:
To move the trendline without changing its gradient, click at any point on the trendline between the two "drag points" and keeping your mouse button held down, move the trendline to where you want it to go and then release the mouse.
Beneath the trend line buttons, on the right hand side of the price chart are a set of "Alert Trigger" buttons.
To create a price or trend line alert, just click on the appropriate trigger button at the right hand side of the price chart. There are no programming languages to learn, no spreadsheets or complex forumulas to write. Just click an alert trigger button, enter your parameters and "activate" and your alert is created - in 3 easy steps.
Simple!
There are eight types of price alerts available on the timetotrade system:
 | Price Rising Above Trendline Alert Trigger
Click the Trend Line trigger button to create alerts to notify you when the price crosses above the selected Trend Line
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 | Price Falling Below Trendline Alert Trigger
Click the Trend Line trigger button to create alerts to notify you when the price falls below the selected Trend Line
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 | Price Rising Threshold Alert Trigger
Click the rising threshold trigger button to create alerts to notify you when the price rises above a particular value
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 | Price Falling Threshold Alert Trigger
Click the falling threshold trigger button to create alerts to notify you when the price falls below a particular value
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 | Percentage Break-out Alert Trigger
Click the price % breakout trigger button to create alerts to notify you when price increases by a certain percentage within a specified period of time
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 | Percentage Pull-back Alert Trigger
Click the price pullback trigger buttons to create alerts to notify when the price decreases by a certain percentage within a specified period of time
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 | Price Break-out Alert Trigger
Click the price breakout trigger button to create alerts to notify you when price increases by a specified amount within a certain period of time
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 | Price Pull-back Alert Trigger
Click the price pullback trigger buttons to create alerts to notify when the price decreases by a specified amount within a certain period of time
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In this tutorial we will consider just the Trend Line Alerts. For information on the the other price alert types, please refer to the Share Price Alerts tutorial.
Price Rising Above Trend Line Alerts
To create an alert that will be triggered and notify you when the price rises above a selected trend line, just click the price "Rising above Trend Line Alert Trigger" button:
A text box will appear on the price chart.
Step 1: Select the interval period.
Please read the tutorial Understanding Interval Periods for a further explanation.
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.
Step 3: Enter the alert message you wish to receive
Step 4: Click the "activate" button.
And that's it! Your alert is created. It really is that simple.
The next time the price rises above the trendline, you will receive an alert to your email, instant messenger or cell phone.
You can customise the alerts further to suit you: for example you can edit the alert message you will receive, add additional alert trigger conditions, set the alert to re-activate itself once triggered and amend which email or mobile phone you would like the alert sent to.
Price Falling Below Trend Line Alerts
To create an alert that will be triggered and notify you when the price falls below a selected trend line, click on the trend Line you wish to create the alert against (the trend line will turn black colour to indicate it is selected), and then click the price "Rising above Trend Line Alert Trigger" button:
Select the interval period from the menu and click the "create trigger" button, customise the alert message and "activate" as discussed above.
The next time the price falls below the trend line at any point in the future, you will receive an alert to your email, instant messanger or cell phone.
Understanding Interval Periods
timetotrade checks for alert conditions based on the interval period closing prices. When setting up your timetotrade price alerts it is therefore essential to consider the interval period you select.
By way of explanation, let us consider the following charts for Oracle showing 1 hour of data from 3pm to 4pm on Thursday 25th February 2010. The first candle chart is based on a 1 minute interval period, the second a 5 minute interval period.
Looking at the 1 minute interval chart, you can see that between 3.46pm and 3.47pm the price opened at 24.87 and closed at 24.90. timetotrade price alerts are based on the closing price, so had you set up an alert to notify you when eg the price rose above 24.89, this alert would have triggered - had you selected the alert be based on a 1 minute interval:
Now let us consider the 5 minute interval chart, you can see that between 3.45pm and 3.50pm the price opened at 24.84 and closed at 24.83. Although the chart reached a high of 24.90 during that 5 mintue period, the closing price is 24.83. Therefore, if you had set up an alert to trigger when the price rose above 24.89 using a 5 minute interval period, this condition was not met and so you would not receive an alert in this instance.
By default, when you are creating trend line alerts, the interval period is set at 1 minute. However, you can adjust using the interval period menu as discussed above.
Multi-Condition Alerts
timetotrade can also be used to create alerts on Price and Volume as well as the technical indicators: Stochastic, RSI, Bollinger Bands 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 stocks traded on the Chi-X, Turquoise and BATS exchanges
For more information, click on this link Real-Time Stock Quotes & Alerts >>
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