HAMMER PRO™’s alert system is the program component that sits “behind the scenes” monitoring all data that comes in and checking it against the criteria that are entered by the user.
If the criteria is met (for example: “Alert me when {ticker} price hits daily high”, or “Alert me when {ticker} price moves up more than 3 points “), then the alert system will notify the user by using whatever the notification methods were entered for the particular alert.
Available HAMMER PRO™ alerts:
- Price Crossing – Applies only to single symbols. It is triggered when the price crosses a particular level. You can specify triggering only when the crossing is on the way up, only on the way down, or either way.
- Crossing Daily Range Point – Gets triggered when the price crosses the specified daily range (that is Daily Low – Daily High) percentage point.
- Moving – Gets triggered when the price moves the specified absolute amount or percentage within a certain time period.
- Daily High/Low – Gets triggered when the price gets within a certain range of the daily high or daily low.
- 52-week High/Low – Gets triggered when the price gets within a certain range of the 52-week high or daily low.
- Trailing Stop – Gets triggered when the price bounces back the specified amount from recent low or drops back from recent high.
- Trade Size – Gets triggered when a block trade of the specified size goes through.
- News – Gets triggered when new news comes in for the symbol.
- Reminder – Gets triggered at specified time.
- Volume – Gets triggered when volume is higher than a specific number of shares during a specific timeframe.
- Volume % Increase – Gets triggered when volume for last 1-min increases more than a certain % compared to avarage over tha last minutes.
Alerts that can be entered in the Alert Editor:
- Single Symbol – applies only to one symbol
- Multi-Symbol – applies to a list of symbols entered by the user
- Portfolio – applies to a list of symbols entered by the user
- Global – applies to all symbols
Alerts drawn in the chart:
- Trendline – this alert is specific to a particular chart and can trigger if the price on the chart goes above/below a line drawn on the chart.
Fibonacci Retracements and Expansions Alerts:
- You can make your Fibonacci levels trigger an alert when the price hits them with one easy click.