A very important feature of charting software is the alert function. It helps you keep an overview even when working with a large number of running processes and functions. Use the alert function in Tradesignal for the following:
  • Trading systems that alert you of certain activities
  • Indicators that offer an inbuilt alert function in their codes
  • The chart tools trend line, trend channel, regression channel, stop line and the Fibonacci Retracement
  • Your own programs in which you can include offer alerts

Alert Window

Alert area in the workspace
There is a specific alert window on the bottom of the workspace. The displays differ slightly depending on the alert category. In Tradesignal you can choose which columns to display for each category by selecting Add/Remove columns from the alert window's context menu.
  • Alerts coming from chart tools or indicators are listed in the "Indicators & Tools" tab, with the triggering symbol and reason, for example a trend line crossing or an indicator crossing a signal line.
  • Alerts coming from trading systems are listed in the "Strategies" tab. Here, the triggering symbol and all events of the trading system are listed, like opened or canceled orders, and also feedback from your broker in case of activated automatic order routing. The latter depends on your settings in the Order Routing options.
  • Application level alerts such as losing the connection to your data feed are shown in the "Application" tab.
Each tab will show the number of unread alerts next to the tab's icon.

Maximizing the alert pane

The small maximize icon shown directly below the alert pane tabs can be used to maximize the alert pane to fill the entire main application window (with the exception of Toolbar and toolboxes). Clicking the same button a second time will restore the alert pane to its original position.

Collapsing the alert pane

The small minimize icon shown below the alert pane maximize button can be used to collapse the alert pane. When collapsed the alert pane will be shown as a single button (bearing an i symbol) to the far right of the workspace tabs. If there are any unread alerts, the will be displayed next to this button.

Output Window

Output area in the workspace showing compiler errors
The tab labeled "Output" contains the output of Equilla's Print() command and also the errors and warnings generated by the Equilla compiler. The text box at the top allows filtering of its entries to show only matching lines.

The output window contains a maximum number of 100,000 entries. If you need a larger number of entries, you can edit the file tse.ini in the application data folder of Tradesignal by adding a value up to 10,000,000 for the setting MaxOutputMessage in the General section. However be advised that increasing this number may negatively affect your performance.

Alerts in Trading Systems

Detail: Alerts in the money management in the toolbox

Alert Functions in Indicators

Many indicators included in the software are equipped with an alert functionality. As default, the alerts are deactivated. However, you can switch on the alerts by opening the property inspector in the toolbox and setting the option ShowAlerts to Yes. As of that moment, signals like line crossing or extremes are reported as alerts.

Alert Functions in Money Management

The Money Management alerts in four different situations:
  • Order added
  • Order changed
  • Order cancelled
  • Order filled
The alerts are reported by the trading system.

Alert Functions in Chart Tools Alarm

Set an Alert Mode

Choice of Alert Mode in the Chart Tools
For the chart tools trend line, trend channel, regression channel, stop line and Fibonacci Retracement, the following alert modes are available:
  • Always - An alert is always set off when the condition is met, e.g. a line crossing. In realtime operation, this can result in multiple alerts from the same tool, if the stock crosses the line several times.
  • Once Per Bar - An alert is only set off once per Bar. For example, if the price crosses the threshold several times during the period, only one alert is issued and all others are ignored. Once a new Bar has been created, a new alert will be issued when the condition is met.
  • Once - An alert is set off only the first time the condition is met. All other events are ignored.

Set an Alert Direction

You can also set an alert direction for the chart tools to define in which "direction" the crossing has to take place to set off an alert.
  • All - Alerts are set off no matter whether the lines are crossed downwards or upwards.
  • Support (downwards) - Alerts are only set off in the case of a downwards crossing.
  • Resistance (upwards) - Alerts are only set off in the case of an upwards crossing.

Global Alert Settings in Tradesignal

Alert Settings in the Tradesignal Options
In the Tradesignal Options, you can define several global settings for the alert output, like an E-Mail address or the behavior for each type of alert.

For this, open the file menu and select the Options entry. Then choose the area Alerts in the Options window. The following options are available:

Alert options which can be configured per alert type:
  • Active - Here you can enable or disable alerts of this type.
  • Highlight - With this option enabled, alerts are highlighted in the alert window and of Popup is enabled too, the popup window will not close automatically.
  • Popup - If this option is enabled, the alert is displayed in a special popup on the bottom of your screen. If Highlight is also enabled, the popup will be shown until closed, otherwise it will hide after a short amount of time.
  • E-Mail - Enable this to send an E-Mail when an alert of this type is triggered. It is only sent when Send an E-Mail when an alert occurs is enabled.
  • Sound - Here you can select whether an alert sound shall be played for each alert. Click on ... to choose a different sound file from a file dialog. To preview the sound, click on the triangle button.
General settings:
  • Send an E-Mail when an alert occurs - By unchecking this, you can prevent E-Mails from being sent when an alert is issued regardless of the setting per type. Select whether you want to send via the MAPI or SMTP protocol and enter the SMTP configuration, if necessary. You can send a test E-Mail and also set an interval (shortest time between two sent E-Mails).