BPOI - FAST TRACK TRADING ACADEMY
SETTING ALERTS
One of the biggest challenges for any trader is continuously monitoring market data and information relevant to a trading plan. Fortunately there are tools within tradingview and other TA software that allow you to monitor the price action in order to receive notifications when the price is passing a specific point whether that be a simple price level or a breakout of a trendline.
Common ways to use tradingview alerts are
Price levels – Price level alerts notifies traders when price reaches a specified level.
Indicators – Indicator alerts notify traders when specified criteria related to indicator calculations. For example price reaches an EMA level or volume reaches a specified amount.
Drawing – Alerts are based on conditions set on drawing objects like trend lines.
REAL-TIME PRICE ALERTS
This is the most commonly used trading alert. Real-time price alerts are used on price levels of interest. Enabling an alert on a particular price level will notify the user once price action moves and satisfies a particular condition set by the user. These alerts happen in real time, notifying the user instantly.
INDICATOR ALERTS
Common technical indicators you can set an alert to: volume indicators, RSI, MACD, ATR, among a thousand others available in TradingView.
DRAW YOUR OWN ALERTS
Finally, TradingView also offers alerts for the lines drawn using the line drawing tool. You can set alerts on drawing objects: trendlines, horizontal lines/rays, etc.
https://tradamaker.com/tradingview-alerts/
SETTING ALERTS VIDEO TUTORIAL