User Guide: Setting up price change alerts for instruments
Introduction
Price change alerts are an essential feature for you as a trader or investor to stay updated on market movements and be notified when significant changes occur in your asset prices. This guide walks you through on how to implement and configure the price change alert(s) on the platform, so that you never miss an important market shift.
Price Alert Specifications
User Interface:
The platform provides an easy-to-use interface for you to set up, manage and modify your alerts.
Alert Criteria: You can create alerts based on the following criteria:
Target Asset: Choose the asset (stocks, commodities, cryptocurrencies, etc.) you want to monitor.
Price Thresholds: Set an alert for when the price goes above or below a certain value.
Percentage Change: Set an alert for a specific percentage change in the price of the asset.
Default Notification System: You will receive alerts through the following methods:
Email
In-platform (push) notifications
Historical Data Tracking: The system will keep a record of your previously set alerts, including their criteria and outcomes, so you can review them later.
How to Set Price Alerts
You can set up price alerts for instruments in two primary ways:
(A) From Instrument | (B) From User Settings |
This allows you to directly set price alerts for specific instruments you're tracking. Simply navigate to the relevant asset and configure your alert based on price thresholds or percentage changes. | This option lets you manage all your alert preferences and configurations in one place for a more personalized experience. |
Steps for Setting Price Alerts
(A) Setting Alerts from the Instruments Tab:
Navigate to the Instruments Tab
Go to the Instruments section on the platform where the assets are listed.
Select the Asset
Choose the asset you wish to monitor.
Click on Price Alert button.
Set the New Price Alert
Specify the price above or below which you want to receive the alert, or define the percentage change that should trigger the alert.
Enter the required fields such as Target Price, $ and Percentage, %.
Save the Alert
Once all criteria are set, click on green tick mark to activate your price alert.
View the Active Price Alerts.
(B) Setting Alerts from User Settings:
Go to User Settings
Click on your User icon > find Edit icon.
Access Alert Settings
In the User Settings section, find the Price Alerts tab.
Click on +Add Alerts button to add the price alerts.
Choose the Asset and Define Alert Criteria
Select the Instrument Info for which you want to set the price alert and define the price threshold or percentage change.
Enter the Target Price and Percent, % in the New Price Alert section.
Save the Alert
Click on the green tick mark to activate the alert and start monitoring your asset’s price movement.
View the saved price alerts in the Active Price Alerts section.
