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Bollinger Band Alerts

Use timetotrade to set up trading rules and receive alerts to your email and mobile phone as soon as your Bollinger Bands® chart investment conditions are met. You can set up alert that will notify if the price breaks through the upper or lower Bollinger Bands® or if the distance between the Bollinger Bands® increases or decreases. This is a very effective way of watching market volatility. You can also quickly backtest your alert based trading strategies.


The following provides an example of how some of these alerts can be set up using timetotrade. The best part is that you don't need to know how to code or use complicate user interfaces to do it - just point and click using the Timetotrade Trigger Trading Technology™.


timetotrade watches the markets, so you don't have to. Use timetotrade to avoid missing trading opportunities, regardless of how busy you are ...and when it's time to trade we'll let you know!


Learn more about the Bollinger Bands® indicator


How to Create Bollinger Band® Alerts

To create an alert, go to the timetotrade CHARTS page >> , and enter the ticker symbol for the stock or currency pair you wish to follow. Use the chart settings to add the Bollinger Band® chart overlays. When adding Bollinger Bands via the chart settings there are a range of choices that include:


  • Bollinger Bands® - adds the Upper and Lower Bollinger Bands to the chart
  • Upper Bollinger Band® - adds the Upper Bollinger Band to the chart
  • Lower Bollinger Bands® - adds the Lower Bollinger Band to the chart
  • Bollinger Bandwidth - adds a line chart that displays the width between the Bollinger Bands®


On timetotrade's Bollinger Bands® Charts, the Upper Bollinger Band® is a red line and the green line represents the Lower Bollinger Band®.


You can adjust the indicator colours and default period and deviation parameter values to find the best fit between price movement and the Bollinger Band® indicators to suit you.


To the bottom left hand side of timetotrade's price and technical charts are sets of "Alert Trigger Buttons":


Bollinger Band Alerts 1.png


To create a Bollinger Band® alert, just click on the Alert Trigger Buttons to the bottom left hand side of the Bollinger Bands® chart. There are no programming languages to learn, no macros or complex formulas for you to write. Just click a button, enter your parameters, and remember to "activate" - and your alert is created. Simple!


The following Bollinger Band® Alert Triggers are available on the timetotrade system:


align=top Rising Threshold Alert Trigger, is triggered when the value of the Bollinger Band rises above a specified value.
Alert Trigger Falling Threshold.png Falling Threshold Alert Trigger, is triggered when the value of the Bollinger Band falls below a specified value.
Alert Trigger Increases By.png Break-Out Alert Trigger, is triggered when the Bollinger Band increases by a specified value within a the selected interval period.
Alert Trigger Decreases By.png Pull-Back Alert Trigger, is triggered when the Bollinger Band decreases by a specified value within a the selected interval period.
Alert Trigger Increases By Percentage.png Percentage Break-out Alert Trigger, is triggered when the Bollinger Band increases by a specified value within a the selected interval period.
Alert Trigger Decreases By Percentage.png Percentage Pull-back Alert Trigger, is triggered when the Bollinger Band decreases by a specified percentage within a the selected interval period.
Alert Trigger Above.png Above Alert Trigger, is triggered when the Bollinger Band is above a specified value.
Alert Trigger Below.png Below Alert Trigger, is triggered when the Bollinger Band is below a specified value.
Alert Trigger Cross Over.png Positive Crossover Alert Trigger, is triggered when the Bollinger Band rises above / crosses over another indicator, price, a specified value or trend line that you have drawn on the chart.
Alert Trigger Cross Under.png Negative Crossover Alert Trigger, is triggered when the Bollinger Band falls below / crosses under another indicator, price, a specified value or trend line that you have drawn on the chart.



Upper Bollinger Band® Alerts

To create an alert that will be triggered when the price rises above the Upper Bollinger Band® (red line):


Step 1: Click the Cross Over alert trigger button, as shown below:


Bollinger Band Alert 2.png


Step 2: Select the indicators from the drop down menus, in this example we will be notified when the candle close price crosses above the Upper Bollinger Band®. (Depending on your strategy you might choose to be notified if the candle Opens above the Upper Bollinger Band® or if the High Price crosses the Upper Bollinger Band®).


Bollinger Band Alert Add Trigger.png


Click the green "Add Trigger" button. The alert condition will then appear in the "Alert Builder" widget on the right hand side of the chart page, from where you can further customise the alert - for example, enter the alert message you wish to receive and how you wish to be notified:


Bollinger Band Alert 4.png


Step 3: Click the "Activate" button.


And that's it! Your alert is set up. It really is that simple.


Once activated, the alert will appear in the Alert Manager widget, as shown:


Bollinger Band Alert Manager.png


The green light to the left of the alert, indicates the alert is active (a red light would indicate the alert is paused). The next time the price crosses the Upper Bollinger Band® you will be notified by an alert sent to your email or mobile phone.


If you wish to make any changes to the alert, click the right hand arrow, as indicated.


You customise the alerts to suit you: for example you can set for alert conditions to be checked with every price tick or at candle close, you can edit the alert message you will receive, decide how you would like to be notified and which email and/or mobile phone you would like the alert sent to.


Lower Bollinger Band® Alerts

To create an alert that will be triggered and notify you when the price falls below the Lower Bollinger Band® (fluorescent green line), just click the "Crosses Under" Trigger button, customise and activate the alert as discussed above.


Bollinger Band Alert 5.png


The next time the price crosses the Lower Bollinger Band®, you will receive an alert to your email or cell phone.


Bollinger Bands® Forum Discussions

Go to the Ask A Question section on the timetotrade forum to see the type of Bollinger Band® alerts that timetotrade users are creating:



Bollinger Band Trading Strategies

You can use TimeToTrade to execute trades when your Trigger Trading™ alert conditions have been met. For example, an order can be created to sell 100,000 GBPUSD when your Bollinger Band alert trigger conditions have been met, with a take profit order if the price decreases by 20 points / pips and a stop loss if the price increases by 10 points as per the following example:


Candlestick Sell.png


Multi-Condition Alerts

TimeToTrade can also be used to create alerts on Price and Volume as well as the technical indicators such as Stochastic, RSI, Bollinger Bands and Moving Averages plus a lot more. You can also create alerts on your own Custom Indicators.


Once you are familiar with creating basic alerts you can use TimeToTrade's advanced features to customise your alerts to suit you. You can build compound alerts containing multiple trigger conditions against price and multiple technical indicators; for example: you could set up an alert to notify you, or execute a trade, when the price falls below a defined value followed by the stochastic increasing above 20 and then a positive MACD crossover:


MultiConditionAlert.png


You can also edit the alert message you will receive and be notified by Email and SMS text messages when your alert trigger conditions are met.


To learn more about Sequencing and Grouping Multiple Alert Triggers click here.


Check Alert Triggers at Interval Close or on Each Tick During the Interval

Alerts can be set up to check if the trigger condition has been met at the end of an interval or on each tick during the interval. When creating alerts, click on the alert trigger and set the 'Check trigger when' field to 'interval closes' or 'on each tick during the interval' to change the behaviour.


For example if you wanted to check if the Close Price at the end of a 15 minute interval rises above 1.5, select 'interval closes' as illustrated:


Check trigger interval 1.png


If however you wanted to check for example if the hourly RSI falls below 30 and want to get an alert if that happens during the 1 hour interval, rather than checking at the close of the 1 hour interval, check the alert trigger 'on each tick during the interval' as illustrated:


Check trigger interval 2.png


Forum Discussions

Go to the Ask a Question section on the TimeToTrade forum to see the type of alerts and trading strategies that TimeToTrade users are creating:


Use can use TimeToTrade to execute trades or notify you when price, trendline, technical analysis, volume or candlestick chart conditions are met. Trade-Off The Chart, backtest, simulate and optimise your trading strategies, all without writing a single line of computer code. Set up a FREE account today.


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The information and data provided is for educational and informational purposes only. Interpretation and use of the information and data provided is at the user's own risk. All information and data on this website is obtained from sources believed to be accurate and reliable. However, errors or omissions are possible due to human and/or mechanical error. All information and data is provided "as is" without warranty of any kind. We make no representations as to the accuracy, completeness, or timeliness of the information and data on this site and we reserve the right, in its sole discretion and without any obligation, to change, make improvements to, or correct any errors or omissions in any portion of the services at any times. Past performance is not a guarantee of future results. Trading carries a high level of risk to your capital and can result in losses that exceed your deposits. It may not be suitable for everyone so please ensure you fully understand the risks involved.


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