I Want Alerts Based on Specific Parameters?

[Johnson S. Mcdermott 10]

I am looking for a service or program that will alert me when my indicators meet specific parameters. For example, I want to receive an alert when both the D% and slowD% (both set at 3) stochastic indicators on a five minute chart is over 80 or below 20% on BTU today. I follow about 20 stocks on any given day looking for my set up and I am tired of constantly flipping through charts and missing opportunities. Any ideas? Thanks.

[sep34 10]

Certain charting platforms have a screener. Similar to a quote screen that you can insert your strategies, studies i.e. costum studies/code or if your using default indicatores like those you mentioned--along with the instruments that you want to follow.

You can also set them up with Alerts.

 

TradeStation has that type of screener(radarscreen). Im sure other platforms have something similar, but Im not familiar with them, maybe others can chime in.

[sep34 10]

By the Way.....while your waiting for others to respond, do a search in this forum for screener, radarscreen , filters etc. to see if you can find the information your looking for. You may find somthing that meets your needs for free.

[Tams 20]

I am looking for a service or program that will alert me when my indicators meet specific parameters. For example, I want to receive an alert when both the D% and slowD% (both set at 3) stochastic indicators on a five minute chart is over 80 or below 20% on BTU today. I follow about 20 stocks on any given day looking for my set up and I am tired of constantly flipping through charts and missing opportunities. Any ideas? Thanks.

 

 

I don't know of any charting software that cannot give alerts.

 

e.g. for MultiCharts

you can program/configure to do the following when a condition is met.:

(like the condition you described above.)

 

1. send you an email

2. make a sound or a voice (user configurable. e.g. "IBM is going up")

3. pop up a message window

4. change a bar color

5. draw an arrow at a specific place

6. write a text message on the chart

 

you can even get the program to send an order to your broker.

 

I believe NinjaTrader and many others can do the same.

[Johnson S. Mcdermott 10]

Thanks Pappo and Tams. I use DAS Trader Pro. It's a complicated program and way over my head in many respects, but I use it because it is ultra-fast when executing market orders and the brokerage that supplies it let's me leverage 4 times even if my account balance is under $25,000. I like the way it's laid out, but I mainly wanted the buy and sell buttons when I signed up. Now I really want the alerts. I can only see a way to get price alerts using DAS Trader rather than parameter alerts. I will keep trying. Maybe some one else out there has experience with DAS Trader and knows how to set it up. Thanks again.

[diablo272 10]

This is a fairly common feature of trading platforms. I know Ninja can do this, as can many others. It depends on your preferences.