Types of Alerts

TrendSpider offers the traders to set up two types of alerts for receiving notifications i.e. Dynamic Alerts and Multi-Factor Alerts. In this documentation, we will understand these two alerts and how they work.

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Dynamic Price Alerts

A dynamic alert is created on the trend lines or indicators and notifies you whenever the price breaks through, touches, or bounces off of a trend line or indicator. For more information on setting up Dynamic Price Alerts, please refer to the documentation on- Create a Dynamic Price Alert

Create Dynamic Price Alerts

There are three different alert trigger conditions you can set while creating the dynamic price alerts:

  • Break Through Alert
  • Touch Alert
  • Bounce Alert

For more information on alert trigger conditions, please refer to the documentation on- Trigger Conditions

Multi-Factor Alerts

A multi-factor alert allows you to create different conditions at which a price or candlestick patterns or indicators cross. You can create such conditions using an intuitive visual editor and get notified whenever the defined conditions are triggered.

selecting multi-factor alert

For more information, please refer to the documentation on- Create a New Multi-Factor Alert from Scratch

Multi-Factor Alerts support Multiple Timeframes and Multiple Data Types allowing you to combine entities (indicators or candles) across different time frames and have more than a single condition in the alert.

Moreover, the Script Manager makes it easy to organize all of your templates for Multi-Factor Alerts and Backtesting in a single place. With the help of Script Manager, you can create, edit and delete templates. For more information, please refer to the documentation on- Manage Alert and Backtest Templates with Script Manager

managing alerts with scripts

You can also clone any multi-factor alert from the Alerts widget. When an existing Multi-Factor Alert is cloned, a complete copy of all the configurations, conditions, and actions defined within it is done which you can use as a base for creating a new Multi-Factor Alert.

For more information, please refer to the documentation on- Clone a Multi-Factor Alert

Sep 20, 2022

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