Tradable Trendline: does alert work for all symbols?
Author: Bionian
Creation Date: 2/5/2010 1:26 PM
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Bionian

#1
Two questions about the tradable trendline-
1. Does the alert work for all symbols which have tradable trendlines in them as long as Wealth Lab is open?

2. When an alert is triggered I hear the audible alert, but I don't get any clue as to which symbol and which alert has been triggered. Is there some way to get a visual clue, such as an alert window? A Fidelity representative said that I could have Wealth Lab stage an order when as alert is triggered. That would work as well, but I can't find any settings which allow this.

I could have 20 tradeable trendlines in 20 different symbols, but without a clue as to which one just triggered, it can be hard to figure it out.

Thanks-
Rick
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Cone

#2
1. It works only for the symbols that have a TT in an open Chart window. In other word, they won't work in the Strategy Monitor or Rankings tools.

2. The Alert tab shows the number of Alerts for a Strategy Window. For streaming Strategy windows, the "Auto-Stage/Place" button can be enabled in the Alerts view toolbar. User Guide: Strategy Window > Strategy Window Views > Alerts View
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Bionian

#3
Does that mean that if I want to monitor tradable trendlines in 20 different symbols, then I need to open 20 different windows and have them running in the background?
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Cone

#4
For streaming, that's right.

However, for EOD trading, I would have thought that TT Alerts would appear for all symbols that triggered in a MSB, but that's not the case. It turns out that they're only valid for the symbol's chart whose "context" was valid (displayed) just before selecting the DataSet. This is the key - in Version 5, a Chart is required.
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Bionian

#5
In that case, is there any way I can save symbols to a data set, such as "watch list," and open them all at once rather than one by one, in order to activate tradable trendlines for streaming?

Likewise, can I somehow check a dataset at end of day, without having to open each chart and inspect them visually, for any alerts which triggered that day?

Thanks-
Rick
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Cone

#6
QUOTE:
without having to open each chart and inspect them visually, for any alerts which triggered that day?
But this is precisely what you must do. You can keep all the open in one or more Workspaces and just open the Workspace.
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Bionian

#7
Thanks. I had forgotten about Workspaces.

One last question: when using streaming tradable trendlines, will alerts work for trendlines in all timeframes, or only the ones that are currently open? That is, if I have the daily chart open, will a tradable trendline trigger for the hourly chart of that symbol?
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Eugene

#8
As stressed in the User Guide > Charting > Drawing Toolbar > Lines and Trendlines:
QUOTE:
A Tradable Trendline is always active in the Chart/Strategy Window (only) for the symbol and scale for which it was drawn.

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