timetotrade

Help Manual Home Page

Charts



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.


Stochastic Alerts


On the TimeToTrade charts, a Stochastic Oscillator 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.


The oscillator values fluctuate in a range between 0 and 100, and as such the indicator can be readily used to identify overbought and oversold levels. Readings above 80 occur when the market is trading near the top of its recent price range. Readings below 20 occur when the market is trading near the bottom of its recent price range.


Learn more about the Stochastic Oscillator indicator


How to Create Stochastic 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.


On timetotrade's Stochastic Charts, the Stochastic %K is a blue line and the red line represents the Stochastic %D.


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


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


Stochastic Alert Trigger Buttons.png


The following Stochastic Alert Triggers are available on the timetotrade system:


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


Rising and Falling Threshold Alerts

Stochastic Alert "Rising" and "Falling Threshold" Trigger Buttons can be used to create an alert to notify you, or execute trades, when the stochastic rises above or falls below a particular value.


For example, to create an alert that will be triggered and notify you, or execute trades, when the %K oscillator rises above a particular value eg 80, just click the "Rising Threshold" Trigger button, as indicated in the screen shot below.


Stochastic Alert 6.png


Once you click on the charts' Alert Trigger Button, a text box appears on the stochastic chart, as shown.


Stochastic Alert 7.png


Input the trigger value, eg 80 and Click the "Add Trigger" button.


The trigger will appear in the the Build Alert widget to the right hand side of the chart (as illustrated below). From here you can further customise the alert: add your own personal alert message, choose whether the alert will run once or will be reactivated once triggered, add more triggers to create a Multi-Condition alert and select your preferred methods of notification (email, instant messenger and/or SMS alerts).


Stochastic Alert 8.png


Once you have finished customising your alert, click the "Activate" button.


And that's it!


Your alert is created. It really is that simple.


The next time the stochastic %K rises above 80, you will receive an alert to your email, instant messanger or cell phone.


Stochastic % Pull Back / Break Out Alert

Stochastic Alert "% Pull Back / Break Out" Trigger Buttons can be used to create an alert to notify you, or execute trades, when there is a percentage increase or decrease in the Stochastic within the defined interval period.


For example if a stock was increasing in price and you wanted to be notified if there was a stochastic pull-back of more than 2% in a day and therefore a potential change of trend, you would use the "Pullback" Trigger to create the alert to notify you, or execute trades, when your investment conditions are met.


Stochastic Cross Over Alert

To create an alert that will be triggered when the Stochastic %K oscillator (dark green line) rises above the Stochastic %D oscillator (red line), follow the steps as shown in the diagram:


Step 1: Click on the "Postive Crossover" Trigger button


Stochastic Cross Over Trigger.png


Step 2: Click on the "add trigger" button


Step 3: Click the "activate" button


The next time the %K oscillator crosses over above the %D oscillator you will be notified by an alert sent to your email or cell phone.


You customise the alerts to suit you: for example 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.


Stochastic Break Out & Pull Back Alerts

Stochastic Alert "Breakout" and "Pullback" Trigger Buttons can be used to create an alert to notify you, or execute trades, when there is a sudden change in the stochastic based on a fixed increase or decrease in value within a given time interval.


For example if the stochastic was falling and you wanted to execute a trade when it changes trend and increases by 5 points, you would use the 'Breakout' Trigger Buttons to create the alert.


Once you click on the charts' Alert Trigger Button, a text box appears below the stochastic chart, as shown.


Step 1: Select the "Break Out" Trigger Button


Step 2: Input the trigger increase, eg 5


Step 3: Click the "add trigger" button.


Step 4: Click the "activate button.


The next time the stochastic %K increases by 5 points, you will receive an alert to your email or cell phone.


As previously, you could edit the alert to include your own personal alert message, choose whether the alert will run once or will be reactivated once triggered, add more triggers to the alert and select your preferred methods of notification (email and/or SMS alerts).


Customise Your Alert

You can customise the Stochastic Alerts further to suit you, for example:

  • Select how you wish to be notified: email, instant messenger or SMS text alert to your mobile
  • Edit and personalise the alert message you will receive
  • Select the "sleep period" if you would like the alert to automatically reactivate itself once triggered.
  • Add additional alert triggers to create a Multi-Condition alert
  • Choose for alert conditions to be checked either at the end of the candle interval or checked on each tick received from the exchange.


More information on how to use the timetotrade system to create Stochastic Alerts can be found on the Creating an Alert >> pages.


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




Stochastic 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 Stochastic 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.


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 1st Floor, Aldermary House, 10-15 Queen Street, London, EC4N 1TX. 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.

Retrieved from "?title=Stochastic_Alerts&oldid=37268"