This is the TimeToTrade help wiki. Use the TimeToTrade Trigger Trading Technology™ to execute your trades when Price, Candle Stick, Trend Line, Volume and Technical Analysis chart conditions are met - no coding required. Trade directly in the world’s global markets. Backtest your Trading Strategies. Calculate your UK HMRC Capital Gains Tax liabilities. Manage your Investment Club.

Pivot Points Alerts

On the TimeToTrade charts, a Pivot Points indicator can then be used to execute trades, provide an Email or SMS text message notification when your candlestick chart patterns have been met or backtest a trading strategy.

Pivot Points are used to establish key points of support and resistance. The traditional methodology for calculating Pivot Points is to use the trading range from the previous daily interval candle, however they can also be calculated on any time frame to suit the strategy being developed.

Pivot Points lend themselves to Mean Reversion trading strategies as the price action tends to revert to the central Pivot Point Line after closing between R1 and R3 for bearish reversals and S1 and S3 for bullish reversals. There are many methodologies for deciding when to open a Mean reversion position including using the following rules based on shorter term price interval of for example 1 hour:

Sell if the price closes between R1 and R2 / Buy if the Price closes between S1 and S2
Sell if the price closes between R2 and R3 / Buy if the Price closes between S2 and S3
Sell if the high price is below R2 and above R1 / Buy if the high price is below S1 and the low price is above S2
Sell if the high price is below R3 and above R2 / Buy if the high price is below S2 and the low price is above S3
Sell if the price closes between R1 and R3 followed by a Bearish reversal candlestick pattern / Buy if the price closes between S1 and S3 followed by a Bullish reversal candlestick pattern

As the price breaks through each consecutive Pivot Point level, the potential for greater return increases as the distance to the Mean central Pivot Point increases, however it also is associated with higher risk as the price volatility is increasing.

From a exit perspective, close the position when:

If long, sell when the price is below the Pivot Point Line or stop out when the price breaks through R3
If short, buy when the price is above the Pivot Point Line or stop out when the price breaks through R3

For Momentum based trending strategies, a price break out through the upper third resistance or support pivot point can be used to open a long or short position respectively. After a breakout through the R3 or S3 level, it can take the price a while to converge back to the central Pivot Point line, therefore consider using a shorter interval trending indicator like a traditional Moving Average or MACD crossovers to exit Momentum based positions.

Learn more about the Pivot Points indicator.

Pivot Points Alerts

You can use TimeToTrade to execute trades, notify you or backtest a trading strategy when the Pivot Points chart conditions have been met. Use the chart settings to add the Pivot Points indicator, then click on the triggers on the chart, or click on the 'Add Trigger' button in the 'Alert Builder' section, to select the following triggers to build alerts:

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

In the following example an alert will be set up to provide a notification of when the Close Price crosses above the Pivot Point R2 using the chart triggers:

Enter a message to remind yourself why the alert was created; select how you would like to be notified when the alert trigger conditions are met; change the 'reactivate alert' settings if you would like to get an alert each time your alert trigger conditions are met; click on the green 'Activate' button on the Alert Builder when finished as per the following example:

Pivot Points 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 Pivot Points 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:

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:

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:

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:

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.

It has never been easier to execute your trading strategy. Our Trigger Trading Technology ® means you can now automatically execute your trades directly in the world’s global markets.

You need never miss a trading opportunity again!

Do you want to:

buy when your technical analysis chart conditions are met? Really buy, not just get an email or sms alert?
or sell when a support trend line is broken?
or back-test your strategy going back as far as 30 years?

TimeToTrade's Trigger Trading Technology™ is truly game changing. It gives you a trading advantage. The power to take your trading to a new level.

Open a FREE TimeToTrade account today to:

Trade UK, US and European Shares - apply now
Execute trades when your Price, Candlestick, Trend Line, Volume and Technical Analysis chart conditions are met using the Trigger Trading Technology® - learn more - help video
Email and SMS Trigger Trading™ Alerts - learn more
Trade Off The Chart - learn more
Back Test Trading Strategies with up to 30 years of historical data - learn more
Create Simulated Trading Accounts to test your Trigger Trading™ Strategies - learn more
Real time Forex, UK, European and US stock market data - learn more
170+ Technical Analysis and Candlestick Pattern Indicators - learn more
All the tools you need to set up and run a successful investment club - learn more
Manage your Portfolio and calculate UK HMRC Capital Gains liabilities and SA 108 CGT Tax Returns - learn more
Create Trading Competitions for you and your friends - learn more
Apply for a trading account today to get the Live Account Features - apply now

Apply now to try our superb platform and get your trading advantage.

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.

All services are provided by TigerWit Limited. TimeToTrade is a trading name of TigerWit Limited (a company registered in England and Wales under number 9479466). Our Registered address is TigerWit, 7th Floor, Augustine House, 6A Austin Friars, London, EC2N 2HA, England. TigerWit Limited is authorised and regulated by the Financial Conduct Authority number 679941.

The trading services offered by TigerWit Limited are not available to residents of the United States and are not intended for the use of any person in any country where such services would be contrary to local laws or regulations. Subscriptions to TimeToTrade products are available if you are not eligible for trading services.

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading spread bets with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. All clients should be aware that trading involves risk.

TimeToTrade is a Sensatus product.