English
Back
No matches yet
Operations too frequent. Please try again later.
Please check network settings and try again Refresh Refresh
Loading
History record delete
    Quotes All >
      News All >
        Log in to access Online Inquiry
        Back to the Top

        Set Alerts By Using Custom Indicators as Conditions

        Take the custom indicator VWAP (Volume Weighted Average Price) as an example. By using it as a condition, an alert will be sent to your phone as a system message when the condition is met, such as when VWAP is lower than the latest stock price. Here is how you can do it.

         

        1. Set the Custom Indicator

          Go to Watchlist, and click Indicator Management under the candlestick chart.
          Select VWAP, and use My Language to edit the indicator formula. Click Test; if the indicator passes the test, click Application to apply it on the chart. 

          (Any app screenshots are not necessarily up to date, and all securities mentioned are for illustrative purposes only.)

         

        2. Use the Custom Indicator as a Condition

          Go to Quant, and find the custom indicator VWAP via Manage Strategies > Conditions (lower left corner panel) > Signal > Technical Analysis > More.
          Drag and drop VWAP on canvas to use it as a condition.

          (Any app screenshots are not necessarily up to date, and all securities mentioned are for illustrative purposes only.)

         

        3. Set an Alert

        On the Quant screen still, go to Operations > Alert Settings. Drag and drop "Alert Settings" on canvas and check System Notice on the right-side Properties panel. 

          (Any app screenshots are not necessarily up to date, and all securities mentioned are for illustrative purposes only.)

          After setting up the strategy according to the above figures, start Live Trading. If the condition is met (i.e. if VWAP is lower than the latest stock price), you should receive notifications from your devices .

          (Any app screenshots are not necessarily up to date, and all securities mentioned are for illustrative purposes only.)

        Any app images provided are not current and any securities shown are for illustrative purposes only and is not a recommendation. VWAP is the average price of a stock weighted by the total trading volume. VWAP is used to calculate the average price of a stock over a period of time. Losses can happen more quickly with quant and algorithmic trading compared to other forms of trading. Trading in financial markets carries inherent risks, making effective risk management a crucial aspect of quantitative trading systems. These risks encompass various factors that can disrupt the performance of such systems, including market volatility leading to losses. Moreover, quants face additional risks such as capital allocation, technology, and broker-related uncertainties. It's important to note that automated investment strategies do not guarantee profits or protect against losses. The responsiveness of the trading system or app may vary due to market conditions, system performance, and other factors. Account access, real-time data, and trade execution may be affected by factors such as market volatility.

        This presentation is for informational and educational use only and is not a recommendation or endorsement of any particular investment or investment strategy. Investment information provided in this content is general in nature, strictly for illustrative purposes, and may not be appropriate for all investors.  It is provided without respect to individual investors’ financial sophistication, financial situation, investment objectives, investing time horizon, or risk tolerance. You should consider the appropriateness of this information having regard to your relevant personal circumstances before making any investment decisions. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. Moomoo makes no representation or warranty as to its adequacy, completeness, accuracy or timeliness for any particular purpose of the above content.