Alert Triggers

You can use any of our pre-stored indicators as the basis for an Alert Trigger. This is an instruction to PureDeal to place a trade for you.

For example, you might want to open a short position on our Wall Street market if the RSI indicator reaches a certain level.

To set an Alert Trigger, first press the Alert (bell) button on the main menu of the charting package. Now if you click anywhere on the chart itself an Alert Settings pop-up will appear which allows you to specify the conditions for a deal request to be made to PureDeal.

When you have specified your conditions, check the 'Associate to a Trigger' box. You can now choose whether this is a request to Buy or Sell, enter a contract size and create the Alert Trigger.

Once the Trigger is reached a ticket will appear that you will need to validate before your trade will be opened. Your new position will then appear in Open Positions in PureDeal. Your order will only be executed after it has been validated by you.

Please note that Alert Triggers will be deleted when you close the charting package (or when the charting package 'times out', after approximately two hours).

It is not possible to attach a Stop or a Limit Order to an Alert Trigger until that position has opened. When a position has opened you should place your Stop or Limit using PureDeal: once placed the order can be edited using DealThru Charts.

Example: Momentum

You would like to buy 5 contracts of our FTSE® 100 market if the Momentum indicator is above 30 when the US markets open at 00.30.

To populate your chart with the indicator you click the 'Indicator/Backtest' button and choose 'Momentum' from the menu.

Next you click the Alert button and then click anywhere on the Momentum display of your FTSE® chart. The Alert Settings window appears and you set two conditions:

To activate the Trigger Alert you check the 'Associate to a Trigger' box and enter your quantity (5) and instruction (Buy), then click 'Create Alert and Order'.

Now if your conditions are met an alert screen will appear (accompanied by a sound if you have chosen one). This asks you to confirm that you would like a deal to be placed. If you assent, an instruction will be sent to PureDeal to deal at the current price.