Signal Alerts

You can add alerts for symbols based on current signals or patterns from the chart using the Add Alert feature in VisualTrader.

Add Alert Dialog Box image

Add Alert Dialog Box

To add a signal or pattern alert to a symbol in the Opportunity List, complete the following steps:

1. Click a symbol in the Opportunity List to open the chart.

2. Right-click in the chart and select Add Alert from the right-click menu. VisualTrader will display the Edit Alert dialog box.

3. Select the appropriate statistic from the Item drop-down menu.

4. Specify any changes you would like in the window. See next topic for option descriptions.

5. Click Save to enable the alert. The symbol will be added to the Active Alert List.


Signal Alert Options

The following Signal Alert options are available in VisualTrader.

Add Alert Dialog box image

Add Alert Dialog box

Signal Items:

    • New Signal— Alert for one symbol that fires when a new signal is formed on the current bar. After firing, this alert is no longer active unless the Always Active option is enabled.

    • Any New Signal—Fires alert when a new signal is formed on the current bar for every symbol in your Opportunity List. This alert remains active until cancelled by the user.

    • New Pattern— Alert for one symbol that fires when a new pattern is formed on the current bar. After firing, this alert is no longer active.

    • Any New Pattern—Fires alert when a new pattern is formed on the current bar for every symbol in your Opportunity List. This alert remains active until cancelled by the user.

Signal Alert Type specifies the type of signal to fire an alert on. The signal type options are:

• Pending

• Entry

• Reinforced

• Pending Exit

• Exit

Signal Alert Direction allows you to specify signal direction.

•Long

• Short

• Both

Always Active is only available with the New Signal Alert. If enabled the New Signal Alert will remain active for the symbol after it has been fired.

Play Sound enables an audible alert. Specify your own .wav file to play by clicking the ellipsis button.

Show Message Box with Symbol displays a message window when the alert fires.

Select Day or GTC. Good Till Cancelled (GTC) means that the alert will remain active until you cancel it yourself. Day means that the alert will expire at the end of the day.

Set Defaults allows you to save the specified options for the next alert.


Chart Tool Alerts

The chart tools can be accessed from the right-click menu in any chart. From there you may choose to draw Trendlines, Support and Resistance Lines, and the Rule of Eights tool with an alert attached to it. When one of these alert tools is selected from the right-click menu and placed on the chart, the symbol will automatically appear in the Active Alert List. The Alerts box will display the symbol with a red or green background according to where it is drawn on the chart.


Fired Alerts

Once price has penetrated an alert line or a signal alert has fired, the symbol will be shown in the Fired Alert List, where it will flash to let you know that an alert has been fired. VisualTrader will also give you an audible notification of the alert firing.

In the example below, NXTL moved through the Support Line, triggering an alert. Notice how the symbol moved from the Active Alert List to the Fired Alert List.

NXTL Moves to the Fired Alert List Once the Support Line is Penetrated image

NXTL Moves to the Fired Alert List Once the Support Line is Penetrated

To review a chart on the Fired Alert List, Active Alert List, or Watch List, just click on the corresponding symbol in the list.

notepad imageNote:The chart tools menu allows you to draw Trendlines, Support and Resistance Lines the Rule of Eighth’s line, and Fibonacci Retracements. You can also apply alerts to Trendlines, Support & Resistance Lines, and the Rule of Eighth's line. After you apply a line study to your chart, right-click on the chart and select Set as Alert Line to have VisualTrader automatically alert you once price has penetrated that line.


Resetting an Alert

You have the ability to reset an alert in VisualTrader once it has been fired. Click on the line, which is associated with the alert, and move it slightly. Once you release your mouse button, the alert will be reset. Signal alerts do not have this functionality.

To illustrate this process, we have reset the alert for NXTL from the previous example. Notice how the symbol has moved back to the Active Alerts List from the Fired Alerts List.

Adjusting the Alert Line Resets the Alert for NXTL image

Adjusting the Alert Line Resets the Alert for NXTL


Using the Position Summary Window

The buttons at the top of the Position Summary Window allow for different views and quick close buttons in case you want to get out of all your positions quickly.

Open—View your open positions.

Closed—View your closed positions.

All—View all your open and closed positions.

CL—Close all your open long positions.

CS—Close all your open short positions.

CA—Close all your open positions.



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