Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I think its clear from the instructions you quoted that other values are allowed but the minimum is a 5 minute interval. Hope that helps!
First of all there will be no price increase for using alerts and filters we roll out. Trade Ideas reserves the right to increase the rates of our plans - but no increase (and not certainly to $200/month) will ever be the result of adding alerts and filters - its not our culture or style.
You may be referring to our institutional product in development - more details of this product will be forthcoming. But the Trade Ideas PRO product will always benefit from new alerts and filters for our customers to create ever more varied strategies.
I refute the claim that Trade Ideas isnt developing more indicators - since Q4 2009 we've added 22 new filters and 7 new alerts. Here's our open record viewable anytime of how often we improve the product. The record speaks for itself: http://www.trade-ideas.com/WhatsNew.html
The specific indicators you mention are part of a long queue of ideas and requests we receive all the time and log. Some get advanced faster than others for a number of reasons too lengthy and confidential to explain here.
I hope this answers your concerns. We look forward to showing you even more future improvements that are coming. Stay tuned.
You can do that! See post here: http://marketmovers.blogspot.com/2009/11/tooltip-spank-father-time-while.html
to bbruin: Can't respond to your private msg to me. We can items 1 and 2 - not #3. Thanks
I see we caught the very move in question:
http://3.bp.blogspot.com/_wlx0GQEcH6Q/S4zSLTvvKgI/AAAAAAAAA4c/y47razpPOh8/s1600-h/cjt_un_cat.JPG
Why wasn't Running Down Now triggered as well? This alert is extremely sensitive to price movement. To make the alert a valuable one vs. a boy who cried wolf alert, we strike a balance betweem catching price action and avoiding bad prints. All this gets harder to balance on stocks like yours that have a 5-day range of 50 cents, that move only .06 cents every 15-minutes and that don't trade more than 4,700 shares/day.
I'm glad the other alerts caught the movement. Additionally another alert that you might use to catch early movement is the 1 minute volume spike. It's not directional but it will point you to something that's popping which might be of interest to you:
http://www.trade-ideas.com/View.php?O=200040000000000000000000000000000000040000000000000000080000_40_0&QRDN=0.09&MaxPrice=20&WN=MOD+test&SL=xCJT.UN.CAT
There are no beta testers of the MACD indicators at this time. You'll hear about it first here - I promise.
As for ignored questions, please let me know to which you are referring. Most times the question has been answered within the same cluster of replies. Thanks
Time2 - if you are having difficulty adjusting the timezone, please let me know more details - we can fix or point you in the right direction.
To what are you refering in TI PRO? Do you see it as off in seconds, minutes or hours? Thanks
Alexa, we reported many alerts for the stock you mentioned: http://www.trade-ideas.com/StockInfo/_StocksLikeThis.html?symbol=cjt.un.cat&start_date=1267430400&start_hours=9&start_minutes=30&time=60
Please post your strategy in your reply. We will take a look at it and configure it for you. Thanks
The two are already in sync. Ti determines what time zone you are in to make sure the correct hour is displayed. You can create your own sync from TI PRO. Select Tools --> Options
From our User Guide:
"Use controls inside "Time Zone" section to change the time zone used to display times in the alert alert window. Select direction of time offset and number of hours and minutes to add/subtract. Leave zeros to use local time."
Sure. I will look at it. But try experimenting with what filters work for the way you interpret the pattern.
Give a man a fish, feed him for a day or teach him to fish and feed himself for life.
The multi strategy window is coming. Almost out of development. Once available we'll look to make sure it functions with boys like TDA. Thanks for the suggestion
These alerts use a metaphorical dial setting and ratio of current run rate over normal, historical run rate respectively. I like the ratio personally. You want 10 cents but that means a big move for some stocks and tiny for others - that's why we use these relative values vs specific $ amounts
http://www.trade-ideas.com/StockInfo/_StocksLikeThis.html
Enter NUVA at this link and see what our servers reported for this stock. Then choose which filters and values you want in common with NUVA for your trading universe
Here's another explanation from another support resource at Trade Ideas:
"The min current volume filter (which uses relative volume at the specific time of day) does not work premarket so he is using the filter that does not consider time and because most volume is traded at the beginning and end of day, those increased numbers are factored into the avg candle volume which is less likely to be triggered pre/post market."
I'll try to come up with a better explanation, but in the meantime I refer you to this informative video about how we treat volume throughout the day:
http://www.trade-ideas.com/VideoHelp/Menu.html?video=Introduction%20to%20Volume
Thanks - we will take it into consideration. Thanks also for the forum suggestion
Just saw Sternforpres' response: Truth. Pure truth. Many thank yous for helping out! 50 free OddsMaker credits to you sir!
Then it's not fair to broadcast that the alert doesn't work, is it? I'm chiding you a little only because with complete assurance I can tell you that the indicator works fine.
That said let's examine your set-up:
I see the problem. The Min Current Volume ratio is set at an impossibly high RATIO. Remember its a ratio of current volume over average volume. A large ratio could be 10 or even 100 - but 20M is excessive. I redid your strategy with a value of 25:
http://www.trade-ideas.com/View.php?O=1f80000000000000000000000_1d_0&MinPrice=2&MaxPrice=100&MinRV=25&MinBeta=1.25&WN=MOD+Divergences.
I've seen them, but for reasons too long and complicated to share here, they are not being released yet. And I am purposely not setting an expectation as to when they'll be ready. Sorry but I got burned for doing this before
The filters are not self adjusting. The level you put into the filter setting stays the same during pre, post, and market.
Tons of stocks trade over 4x their typical 5 minute candle volume during market hours. The advice in the Help section simply suggests that pre and post market volume may not deliver as many.
From the other way putting in a value of 150% would be like drinking from a fire hydrant during market hours.
We'll put it into the hopper for sure. But 1 of the reasons I know we haven't done this from the beginning is because the number of trades for stock is meaningfully different for each stock. It's similar to how we approach volume, for example.
If $MSFT trades 57 million shares a day - that's average for MSFT but huge for a small cap stock.
We look at higher than usual volume by considering the profile of each stock and analyzing whether today is greater or lesser than usual.
If you are asking us to apply the same approach to trades (i.e., higher than usual number of trades) we already have something like that now you can use:
It's our print alert http://www.trade-ideas.com/Help.html#UNOP
our Bid/Ask ratio filters and alerts also are a proxy for what you are looking for.
I will make sure the request is logged. Thanks
You can always save the scan as a bookmark though you don't need a name necessarily for that (it does help).
Naming scans and then seeing them in real-time is a feature designed for paying subscribers who can then see recent others they've created as well.
Hopefully you'll try the real-time product when you get more familiar with these tools!
Good luck
The discrepancy may be explained by the time interval constraint in the Stocks Like This tool that is not a factor in the real-time product. The Stocks Like This tool has a 5 minute interval. The 7 other highs you mentioned happened clustered within the 7 5-minute intervals this tool reported.
Nice suggestion - I like it. Added for sure. Thanks!
Pete: Thanks for your message.
This looks like a good strategy. But it's all in the hands of the trader of course. Taking your notes and improvising a little by referring to our latest help tool for building strategies, Stocks Like This: http://www.trade-ideas.com/StockInfo/_StocksLikeThis.html?symbol=es&start_date=1266566400&start_hours=9&start_minutes=30&time=5
I was able to build the following strategy for you. Let me know if this helps:
http://www.trade-ideas.com/View.php?O=4000000000000004000000000_1d_0&QBP=100000&MinPrice=4&MaxPrice=15&MinVol=300000&MinRV=3&MinVol5=200&MaxBB=-2&MaxMA50P=-.001&WN=Stocks+Like+ES:+Bottom+Out
Looking at the history, I found a good list including DELL, ES, and CRA from Friday.
The Min Up 5 min candle filter takes the activity over the last 5 mintues and uses that as the basis for discriminating anything less than the value you entered. When the new 5 minute candle starts building, you'll find alerts for movement in less than a minute for amounts less than the 10 cents you entered. The Help definitions explain this in more detail.
I tried adding a Bid/Ask ratio filter to your strategy but it did not materially alter the recent history results:
http://www.trade-ideas.com/View.php?O=20000000000000000000000_40_0&QRUI=3&MinPrice=1.01&MaxPrice=20&MinBS=5&MinDUp5=0.1&MinRD=95&WN=MOD+running+up+INTermidate+w/range
There have no other reported problems with The OddsMaker that you describe. Let me know if this becomes a pattern. I've checked and all systems working as usual.
Your strategy looks good to me. There are no downward indicators selected in your configuration. Some of the volume alerts you have may be for stocks on the way down as well. Remember the filters act as 'and' statements - all them must be satisfied before even considering an alert which act as 'or' statements.
To help bias results upward I did add a filter that the previous 2 5 min candles must be up. I also added another filter that the 8 period sma must be above the 20 period sma. Take a look and see if this doesnt help you:
http://www.trade-ideas.com/View.php?O=200000000000000000000000000000000000000050000000000000060000_319_0&QHRV=10&QRU=8&QPUD=5&QSV=2&QVS1=10&MinPrice=0.02&MaxPrice=4&MinVol=100000&MinRV=1.5&MinUp5=2&Min2Sma8a20=.05&WN=Modified+Penny+01:+Bias+Up
Hi. Welcome. If you just signed up you should receive an email from our Director of Trader Education, Jamie Hodge, scheduling a training session with you - as we do with all our new subscribers. But let's answer your question here in the forum as you should get familiar with the tools and make the most of your hour training session with Jamie.
Feel free to copy and paste your configuration here and we can see what can be changed so you get exactly what you want. You can do this by right-clicking and selecting 'Collaborate' in TI PRO.
D
Make sure to read the Help for the Count filter: http://www.trade-ideas.com/Help.html#WSF_MinCount
The Count is the number of times TI reports the alert, regardless of when you start the strategy and regardless of the filters you add.
We don't have a method of limiting the number of times you want to see stock A, stock B, stock C, stock Z, etc.
You could filter out a stock symbol with an exclude symbol list. You could also filter out the frequency of its appearance by making the requirements (filters or alert specific filters) a higher threshold.
Let's take a look at RIG:
I pulled up the alerts, and they looked just like they should. Lots of new highs around the time you said. It's possible there's a mistake in your settings - hard to tell from your post.
These are the settings I used.
http://www.trade-ideas.com/View.php?O=8000000000000000000000001_1D_0&WN=My+Alerts&SL=xRIG
If you are unable to resolve why you couldn't see particular alerts, I recommend a one on one training session. See Jamie at jhodge@trade-ideas.com if interested.
Let's look at NRG.cat: I looked it up. It doesn't trade much. There are quite a few times of day when it goes way longer than 5 minutes without trading.
Here's what our servers saw in NRG.cat on a 30 minute timeframe: http://www.trade-ideas.com/StockInfo/_StocksLikeThis.html?symbol=NRG.CAT&start_date=1266480000&start_hours=9&start_minutes=30&time=30
In the future you can also use this useful tool to see how and what we're reporting on a stock before the filters you set discriminate or allow stocks to enter your universe.
capping the number of alerts for a stock - that we can do. Put a value like 200 in the MAX Count filter and you won't see the 201st alert associated with the same stock. http://www.trade-ideas.com/Help.html#WSF_MinCount
That's true and as you can tell I'm using a proxy of a running down alert to find the same stocks. It might need some more tweaking but it's a start. Hopefully it points you in a good direction.
Hi alexa. There are quite a few issues related to speed. Here's the short version.
First of all, ping time doesn't apply to what we're doing. I don't know about any competitors, but all of our stuff is push based. So you can cut that time in half right off the bat.
Second, ping time is an ideal latency time. So many other things can get in the way. TI Pro uses a proprietary data aggregation and compression algorithm to ensure that our data comes to you at the fastest possible speed.
The industry standard seems to be HTTP. We work with a lot of brokers on their trading APIs, and most of them are HTTP. HTTP often requires two round trips for even a simple request. So even if your only looking at ping time, you'd have to double the number you see. So we're already a factor of 4 better than the industry standard. Of course, that's still an ideal number. Those extra HTTP servers will add additional steps that you can't measure with ping. You said you get a 45ms ping time to yahoo. I bet it takes more than 45ms for yahoo's home page to load in your browser! Ping time is not the final answer on speed!
Finally, you need to consider how much time you can spare. Are you doing fully automatic trading? If so, colocation may be an answer. Please let us know who your broker is, and that will help us estimate how fast that part of the connection is. If, like most of our users, you are reading the alerts on the screen, these numbers are too small to worry about. Even if the 90ms time was accurate (and I just explained why it is not) you still couldn't read the new alerts in that time. Look up "human reaction time" on Google. You'd be lucky to turn your head that fast when an alert comes in.
As for your question about why the ping times look the way they do, that can depend on a number of factors, like geography, and wether we use the same ISP. While there may be ways to reduce the ping time slightly, that's seldom the best way to make any real progress. I'd start by finding out if your broker's trading software is the fastest around. There's a huge range of different speeds out there, and these differences are much larger than the ping times you mentioned.
As for your question about getting faster data, that's unlikely. We are built for speed. Even if something else was faster, it couldn't be much faster. There just isn't much time wasted here.
If you can't be satisfied with this response you have to try the others for yourself.
I conducted my own little experiment with the following string:
http://www.trade-ideas.com/View.php?O=2_9_0&QNLP=30&MaxPrice=100&MaxSpread=10&MinPrice=1&WN=Buying+30+Day+Low+Max+Spread+.10
It contains a Max Spread of .10 , if you'd like to run the odds and see, just duplicate this one and modify the spread accordingly.
Here are the results:
MaxSpread = .05
691 / 1468 = 47.07% up $0.01 in 30 minutes; Average winner = $0.1791, Average loser = $-0.229, Net winnings = $-19.9531, Best = $3.48, Worst = $-4.51; Casino Factor = 0.72%
Daily summary:
1/28 : -11.0700/100
1/29 : 4.5500/100
2/01 : 6.1000/100
2/02 : 4.6700/100
2/03 : 5.7700/100
2/04 : -28.9100/100
2/05 : -24.7200/100
2/08 : 6.9900/100
2/09 : 4.2600/100
2/10 : -7.2500/100
2/11 : 2.3919/100
2/12 : 8.5500/100
2/16 : 0.5750/93
2/17 : 3.8000/81
2/18 : 4.3400/94
Max Spread = .10
731 / 1493 = 48.96% up $0.01 in 30 minutes; Average winner = $0.1886, Average loser = $-0.2287, Net winnings = $-1.1631, Best = $3.68, Worst = $-4.51; Casino Factor = 13.69%
Daily summary:
1/28 : -11.3400/100
1/29 : 8.6100/100
2/01 : 7.6100/100
2/02 : 3.0400/100
2/03 : 5.8300/100
2/04 : -27.0400/100
2/05 : -19.5700/100
2/08 : 5.9000/100
2/09 : 5.0000/100
2/10 : -1.4700/100
2/11 : -0.5781/100
2/12 : 6.7800/100
2/16 : 2.1050/100
2/17 : 8.3500/93
2/18 : 5.6100/100
Number of trades increases by 25.
Nothing unexpected present.
I'll the request for the shorter RSI timeframe as well.
As for your first request.
You're looking for stocks moving from an RSI value of 80 to 40 within a half hour.
Try a scan like this: http://www.trade-ideas.com/View.php?O=40000000000000000000000_1d_0&QRDI=2&MinPrice=5&MaxDNbbo=.15&MinVol=300000&MaxUp5=-3&MinRSI15=39&MaxRSI15=81&WN=RSI+Slide+30+minutes
Good luck. Let me know if that helps
Dear alexa,
I've gathered all your posts and the examples you site. We'll examine each one and get a response to you - including this last post below. Thanks for your patience while we investigate your settings and the data.
We track and filter on the number of shares traded - not trades. Although we do have an unusual print alert that might fit a derivative of what you are describing: http://www.trade-ideas.com/Help.html#UNOP
As for capping the number of alerts for a stock - that we can do. Put a value like 200 in the MAX Count filter and you won't see the 201st alert associated with the same stock. http://www.trade-ideas.com/Help.html#WSF_MinCount