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

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