trendspider facebook

New TrendSpider Feature: Add Some Cushion to Your Alerts!

TrendSpider is happy to announce a new feature created to make your life a little easier when trading. Have you ever had an alert set (either a mental alert or actual alert on TrendSpider) that the price missed by only a few cents and you completely missed the price reversal or either a buy or sell? We know how you feel…  That is why we created the “Sensitivity Control” feature for our Dynamic Price Alerts which allows users to add a margin of error or “cushion” to their alerts. See what we mean by checking out the video below!

Add some “Cushion” to your Trade

Figure 1: This image shows how to lower the sensitivity of the alert so you can have a “cushion” if the price doesn’t get exactly to the trendline. 

Figure 2: If you are one that like’s more conviction of price action, you may look for a more specific area to watch. In this case, just move the sensitivity bar to the left to increase the sensitivity of the price alert area (purple shaded). 

 

Enjoyed this blog? Make sure to click on the links below to follow us on social media for intra-week chart updates:
StockTwits
Facebook
Twitter
LinkedIn

REMEMBER: These are charts that have interesting technical setups based on automated technical indicator analysis included. Charts and analysis provided for educational reasons only. TRENDSPIDER IS A CHART ANALYSIS PLATFORM. IT IS NOT INTENDED TO BE TRADING OR INVESTING ADVICE. ALWAYS DO YOUR OWN DUE DILIGENCE USING MULTIPLE SOURCES OF INFORMATION AND/OR SEEK THE ADVICE OF A LICENSED PROFESSIONAL BEFORE TRADING OR INVESTING. Please read our full risk disclaimer on our website by clicking here.