You can set up conditions for automatic trading. When a condition is made, an alert or trade will be made. This gives you more flexibility than the usual stops and limits. This will work if Interday on Contracts Table is checked.
This is set up in the StockTrades form.
You will buy 100 shares of BORL if the #ML signal was made.
Daily is checked, and so the daily san file will be used to evaluate if the signal #ML was made.
TestFreq is daily (hence -1). Once a day we will examine this. If TestFreq is zero, then it will be tested when new data comes in, as often as a few times a second. To test that a signal was made, it has to read in the san file and run the test, which may take some time; in this case set TestFreq to a number of minutes. Because of this, if a chart is open, the test on signal will not run.
Act is not checked, and so no action will take place, i.e., a trade will not be made. Instead, you will receive e-mail, a note will be made on a file on the hard disk, and a screen message will appear.
In Comments, you can write yourself any notes you choose. On 12/20/2002 this will expire.
Flagged is a read only field. If you put in a number for AutoTradingID_1 (or 2), then the record with this value for AutoTradingID will have Flagged T.
Min Price. If this has a value, then if the price drops below this, the signal will not be triggered. Same for Max Price. If the price goes above this, the signal will not be triggered. Same for Min and Max Volume. Here the trigger is the volume, if there is a positive volume.
When an alert is made, a notify sound will be heard, even if Sounds is not checked.