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    Intraday 'UN'-Alerts

    by SensitiveApe144 9 months ago

    Mike, have you ever considered un-alerting an intraday alert when the alert condition is no longer valid?  For instance, my FTI stock alerted this morning when it was down 1%,  Currently, it's up $0.07, i.e., the alert is not longer valid.  My thought is that the dark red color for an active alert could be changed to a lighter shade of pink for an inactive alert.  I understand that subscribers who acted on the alert would still want to see it.  A color change would accommodate both those who acted on the signal and those for whom it is no longer relevant.  Similarly, a bullish intraday alert that is no longer valid could be changed to a lighter shade of green.
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    TraderMike 8 months ago

    I have considered (and still am considering) undoing / removing the volume pace alerts.  But I hadn't considered what you described.  I'm not sure what the benefit would be of leaving the alerts displayed but with a different color.  I think that's just going to cause confusion and it would require quite a bit of work for me to implement that.  I'm not sure that's a good trade off.

    The volume pace alerts are a little different in that they're an estimate at a point in time.  In that case it's likely that a stock's volume pace may slow from 5x to 2x as the day wears on.  I think those are good candidates, especially for folks that are using the volume pace as part of a combo scan.

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    SensitiveApe144 8 months ago

    When I see an intraday alert that a stock is down 1%, yet at the time I'm looking (intraday) the stock is actually up on the day, I wonder what good that -1% alert is doing me.  I don't ask the the alert be removed, because someone may have used it as a basis for selling the stock.  He needs to be able to see the alert, but I don't.    That's why I suggested lightening the color of a bearish (or bullish) alert that is no longer valid.

    I can see that this will cause you a problem in implementation because you'd be continually be reviewing alerts for current validity.  I can understand your concluding that the benefit of this continued monitoring does not justify the cost of your effort.  I'm just voicing a wish list item:  it would be nice if ......   Thanks, Mike.

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    TraderMike 8 months ago

    You're welcome. And thanks for expressing the idea. 

    As for "what good is the alert doing you after the fact?" -- yeah, it may not be useful to you but the idea of these alerts is really to be useful within a short period of time of them triggering.  The percent change alerts may be a bit of a special case.  I could see someone really caring if a stock bounced off of its 50-day moving average, even if that happened 2 hours earlier.  

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