TradingView Alerts

In this section, we will guide you through setting up alerts on TradingView, specifically for use with WaveAI toolkits.

Creating an Alert

To create an alert on TradingView, you can:

1. Click on the alert button at the top of your chart.

2. Use the alert manager from the sidebar.

3. Use hotkeys:

   • For Windows: Press ALT + A

   • For Mac: Press ⌥ + A

Trigger Conditions

Users can set the conditions to trigger an alert in the condition menu, selecting the indicators and rules for the alert. The first drop-down menu allows you to select the indicator, while the second drop-down menu specifies the trigger condition.

Indicators return plots, which are visual elements used to set alert conditions. Available conditions to set custom alerts include:

1. Crossing/Crossing Up/Crossing Down:

   • Crossing: Alerts on any crosses between two selected plots/values.

   • Crossing Up: Alerts when the first selected element crosses over the second.

   • Crossing Down: Alerts when the first selected element crosses under the second.

2. Entering/Exiting Channel:

   • Entering Channel: Triggers when an element crosses under the upper bound or over the lower bound.

   • Exiting Channel: Triggers when an element crosses over the upper bound or under the lower bound.

3. Outside/Inside Channel:

   • Outside Channel: Triggers when an element is outside selected bounds.

   • Inside Channel: Triggers when an element is within selected bounds.

4. Greater/Less Than:

   • Greater Than: Triggers when an element is greater than a selected value.

   • Less Than: Triggers when an element is less than a selected value.

Using Placeholders

Placeholders return the value of a variable in an alert message. Examples include:

• Closing price of a symbol: {{close}}

• Timeframe of the chart: {{interval}}

• Value of an indicator: {{plot("Name")}} (only the first 22 plots can be used)

Managing Alerts

The alert manager menu allows you to create, remove, pause, reactivate, clone, search, sort, and edit your alerts. Access the alert manager by clicking on the alerts icon (alarm symbol) at the top left of the chart.

To remove all alerts, click on the three horizontal dots next to the “add alert” icon and select “remove all”.

Updating Alerts

If an indicator setting is changed after the alert is created, the alert will still use the old settings. To update an alert:

1. Go to the alert manager and click on edit.

2. In the first drop-down menu of the Condition section, select the same indicator as the one used to create the alert.

3. Save the alert.

By following these steps, you can efficiently manage and optimize your alerts on TradingView with WaveAI, ensuring you never miss an important trading signal.