Formula Wizard allows you to create formulas with any combination of columns and/or technical indicators using algebraic operators (+, -, *, /, ^, <, >, =, <>, <=, >=, %) as well as Boolean AND/OR operators.  Parentheses can be used to specify the precedence of the operators. Calculator-type buttons on the right-hand side of the Formula Wizard facilitate entering all the information by letting you use the mouse.  Formula Library enables you to save and retrieve frequently used formulas.

In this example, the Formula Wizard is used to create an alert on specific stocks.  This alert will be triggered when the condition ExpMovingAverage[EMA,Close,5,0,D] > MovingAverage[MA,Close,8,0,D] & ExpMovingAverage[EMA,Close,5,0,D,1] <= MovingAverage[MA,Close,8,0,D,1] is met, i.e. when 5-day Exponential Moving Average rises above 8 Day Moving Average.

Direct Access Trading allows you to specify an order during alert setup and have it automatically sent to your broker when alert is triggered! SWP API enables developers to capture orders in their applications when alert triggers. In the example above, the program will issue a Buy order for 100 shares @ market price on Island expiring at end of day and play the selected sound. When alert is triggered, check "Send Trade" option to send the preset order for execution.

Alerts provide various types of notifications: visual (popup message, flashing taskbar indicator), audible (sound, symbol announcement), message (e-mail, pager, cellular phone). Use Edit --> Preferences, Alerts tab to configure desired methods of notification.

Useful Examples: Formulas, Alerts