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By ticking Check for golden crosses under the Moving Average tab for
example, you will activate the moving average alarm. Once activated, type in
the number of intervals required (one for the Short MA interval count and one
for the Long MA interval count). ShareScope will now search your selected
source for any shares which cross in the two moving average periods selected.
Or by selecting Check for crosses in the RSI tab, you can search for shares
whose Relative Strength Indicator has crossed either above or below a certain
value. You can set these values in the three text boxes, RSI interval count, RSI
high percent, and RSI low percent. You can also choose between Simple,
Exponential, and Wilder.
Each interval length for alarms is 5 minutes.
For more details of each alarm tab please see the on-screen Help.
Viewing Triggered Alarms
To view intraday alarms which have been triggered, select Edit : Intraday
alarms : Triggered alarms. This will bring up a dialog box with a list of all
activated alarms.
To view options, click Alarm Options at the bottom of the dialog box.
To display the triggered alarms dialog box every time an alarm is activated, tick
Display triggered alerts dialog under the When an alarm goes off options.
To set an audible alarm, tick the Audio alarm box. Underneath this are two
options, the first being System beep. By selecting this your computer will beep
every time an alert is triggered.
The .wav file option allows you to create your own sound for the audible alarm.
Please note that you must have the right PC and software setup to be able to
do this. If you can record sounds to a .wav file, you can search for that file and
set it as the audible alarm.
The Flash window tick box informs you of any activated alarms that are
triggered even when you are using other programs. As long as ShareScope
is running, you will see the ShareScope icon on your taskbar flash the minute
your alerts are set off.
Finally, by selecting Write alarms to log file, you can set up a log file outside
of ShareScope that will keep a record of all alerts that have been triggered.
This file will keep details of all historical alarms and you can also view them
independently of ShareScope.
Two further options under Alarm options are Start alarms at Market Open
and Start alarms at Market Open + 15 min. Choose when you want your
alarms to start checking from: due to the volatile nature of the markets in the
first 15 minutes, alarms from the market open can sometimes be misleading,
although data in the first 15 minutes is still valid trading information that you
may want to include.