TabTrader Introduces Technical Alerts

We're thrilled to announce the launch of technical alerts in TabTrader! Receive real-time updates on your chosen indicators and always stay informed about important market developments.

What Are Technical Alerts?

Technical alerts are notifications that trigger when specific conditions or thresholds related to technical indicators are met. They allow traders to act quickly on signals based on technical analysis, without constantly monitoring the charts. TabTrader currently supports technical alerts for four key indicators: Bollinger Bands, EMA, MACD, and RSI.

How Do Technical Alerts Work?

Types of Crossings

You can set technical alerts for the following types of crossings:

• Value crossing: An indicator, indicator component, or the price, crosses a predefined numeric threshold. Example: An alert triggers when the RSI crosses above 70.
• Indicator crossing: An indicator, indicator component, or the price, crosses another indicator or indicator component. Example: An alert triggers when a 50-day EMA crosses above a 200-day EMA.
• Trendline crossing: An indicator, indicator component, or the price, crosses a line-based chart shape such as a trendline, arrow, or ray. Example: An alert triggers when the price moves above a downward trendline.

Understanding Crossings

Alerts can be set for any crossings where the first operand is either an indicator or the price, and the second operand is an indicator, the price, a constant value, or a line-based chart shape. However, it’s important to note that not all crossings will yield meaningful signals, as some elements operate on different scales or are simply logically incompatible (e.g., the price crossing itself).

Overlay indicators, such as EMA and Bollinger Bands, can cross each other, other instances of their own type (e.g., different EMAs or the components of Bollinger Bands), price action, or line-based chart shapes. While subchart indicators, such as MACD and RSI, are limited to crossings involving only their own components or constant values. The table below illustrates the relationships between each of the supported elements, indicating which crossings are meaningful and which are not. 

Indicator Presets

When setting up technical alerts, all indicators come with preset parameters. This means you can select from standard values for each indicator instead of inputting them manually. Here are the preset values available:

• EMA: Periods: 9, 20, 50, 100, 200
• RSI: Periods: 14, 20, 30, 50, 70, 80
• Bollinger Bands: 20-period EMA, 2 standard deviations
• MACD: 12-period EMA, 26-period EMA, 9-period signal line

Use Cases for Technical Alerts

Here are some common use cases that illustrate how technical alerts can enhance your trading decisions:

Identifying Overbought or Oversold Levels (RSI)

• Alert Trigger: RSI crosses above 70 or below 30.
• Interpretation: An RSI above 70 may indicate that the asset is overbought, suggesting a possible price decline. Conversely, an RSI below 30 may signal that the asset is oversold, indicating a potential price increase.

Trend Confirmation (EMA)

• Alert Trigger: The 50-day EMA crosses above or below the 200-day EMA.
• Interpretation: A bullish crossover (50-day EMA crossing above the 200-day EMA) suggests a potential upward trend, while a bearish crossover indicates a potential downward trend.

Breakout Signals (Bollinger Bands)

• Alert Trigger: Price crosses above the upper Bollinger Band or below the lower Bollinger Band.
• Interpretation: Crossing above the upper band may indicate a bullish breakout, suggesting a price increase, whereas crossing below the lower band may signal a bearish breakout, suggesting a price decline.

Momentum Shifts (MACD)

• Alert Trigger: The MACD line crosses above or below the signal line.
• Interpretation: When the MACD line crosses above the signal line, it indicates increasing bullish momentum. If it crosses below, it suggests increasing bearish momentum.

How to Set Up Technical Alerts on TabTrader

To set a technical alert in TabTrader, follow these simple steps:

1. Select your chosen trading pair from your watchlist to open its instrument page.
2. Tap the “Add Alert” button, located in the top navigation bar in the mobile apps or within the Alerts module on the web app.
3. Customize your alert settings: select the crossing criteria, choose the timeframe, adjust indicator parameters (if necessary), and set the alert recurrence (either once or once per bar).
4. Save your alert.

Usage Limits

Depending on your subscription plan, TabTrader offers different usage limits for technical alerts. Users on our free plan can set 1 technical alert at a time, while TabTrader PRO users can set up to 5.

Upgrade to TabTrader PRO to maximize your trading potential! You'll gain access to exclusive technical analysis tools, multi-exchange connectivity, expanded monitoring capabilities, and much more.

Enhance Your Trading with Technical Alerts

With TabTrader’s technical alerts, you’ll always be in tune with the market. Tailor notifications to your strategy, and never miss an important opportunity.

If you have any questions or need assistance, please reach out to our support team at [email protected], via our Telegram group, or through our in-app support channels. For more information on how to use technical alerts, please check out the dedicated article in our Help Center.