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Alert Glossary
We have the ability to filter groups of alerts to customize TradeScanTM to your trading style.
I like to see multiple indications that more than one item of strength is in play.
Ex. "market makers bidding up", "size on the bid" and "trading up fast" would indicate
that there is support from multiple areas. None of these alerts by themselves, while true,
would necessarily indicate a momentum move without the others. This is how I attempt
to differentiate between false moves and temporary order flow. Additionally,
as a stock continues a move, when the alerts stop repeating, it is an indication
that momentum is trailing off, a good exit indicator.
The following alert descriptions follow the format below:
EXACT NAME OF ALERT AS IT APPEARS IN YOUR SELECTION WINDOW
Display: The exact sentence that will appear on your screen.
Blanks are used to represent real-time data inserted into the sentence.
The descriptor "__.__ x n.v." shows the multiple of average daily volume extrapolated
from the portion of the trading day completed. The phrase in "( )" shows the bearish
variation of the alert. "K" equals 1,000 shares.
Trigger: What causes the alert to display on your screen.
Behavior: How the alert is programmed to act. For example, "No repeats"
indicates that the alert will only display again when it fails the screen and qualifies
once again. "Repeats" would display again without having to fail the screen first.
Significance: How you can determine the significance of the alert.
For example, "Repeats" means that if an alert is designed for "No repeats" and
it begins to display multiple times, it means that the stock is continuing to validate
the filters, an excellent sign of significance. "Volume multiples" means that
significance can be interpreted by the multiple of average daily volume that the
stock is currently trading for the day, prorated for the portion of the day completed.
For example, a value of 2.0 indicates it is trading at a rate of twice its average
daily volume. Another indication of significance
Color: The color legend assigned to this alert. Colors selectable
are "Normal", "Very Good", "Good", "Bad" and "Very Bad". Color options can be chosen under "Tools", "Options".
Below is the current list of available alerts:
Or Search by:
Please note that the search will return both exact and similar matches.
For example an Exact Name search of DAY_HIGH will return everything that contains that string in the Exact Name.
High/Low Intelligent Alerts
Our alerts go through extensive background liquidity filtering before they ever reach your desktop.
The term "intelligent" describes this unique characteristic of TradeScan's high/low alerts.
Our background filters screen for sufficient volume, range, price, etc. By the time it
reaches your desktop, you know it has passed our liquidity screens.
Our set of high/low indicators is purposely designed to be efficient, by allowing
only one alert to be displayed for the most significant high/low. For instance,
if it's a 52 week high, you will know by default that it's a 21 day, 3 day, 2 day and daily high.
There is no need to see anything but the most significant indicator, which is the 52 week high.
We refer to this as being "superceded by superior high/low alerts" under the "Behavior" characteristic.
Example:
- 52 week high/low - always shows if true
- 21 day high/low - shows if not 52 week
- 3 day high/low - shows if not a 21 day or 52 week
- 2 day high/low - shows if not a 3 day, 21 day or 52 week
- new daily high/low - shows only if none of the above
We also offer some of our high/low alerts as a separate "stand alone" alert.
When noted as such under the "Behavior" characteristic, it will show ALL highs/lows
of that particular indicator regardless of the superior alerts.
| NEW_DAILY_HIGH(LOW) | | Display: | This alert will display "_____ new day high (low) on ___.__x n.v.". | |
| Trigger: | Stocks making a new daily high(low) after 10:00 E.S.T. | |
| Behavior: | No repeats. Superceded by superior high/low alerts. | |
| Siginificance: | Background liquidity filtering. Volume multiples. | |
| Color: | Color indication is "Good" and "Bad". |
| BK_2_DAY_HIGH(LOW) | | Display: | This alert will display "_____ 2 day high(low) on ___.__x n.v.". | |
| Trigger: | Stocks breaking the previous day's high/low for the FIRST TIME. | |
| Behavior: | No repeats. Stand Alone indicator. Since every intra-day high/low following would also be a 2 day high/low, the alert will only appear once when the event occurs. Subsequest high/lows will be assumed by the other high/low indicators. This alert is designed to allow it to be used as a stand alone indicator, meaning that it ALWAYS displays when the event occurs and is never superceded by another "umbrella" alers, such as a 21 day high/low or 52 week high/low. | |
| Siginificance: | Liquidity filtering. Volume multiples. | |
| Color: | Color indication is "Good" and "Bad". |
| NEW_21DAY_HIGH(LOW) | | Display: | This alert will display "_____ 21 day high(low) on ___.__x n.v.". | |
| Trigger: | Stocks making a new 21 day (monthly) high/low. | |
| Behavior: | No repeats. Superceded by 52 week high/low alert. | |
| Siginificance: | Liquidity filtering. Volume multiples. | |
| Color: | Color indication is "Good" and "Bad". |
| NEW_52WEEK_HIGH(LOW) | | Display: | This alert will display "_____ 52 week high/low on ___.__x n.v.". | |
| Trigger: | Stocks making a new 52 week (yearly) high/low. | |
| Behavior: | No repeats. | |
| Siginificance: | Liquidity filtering. Volume multiples. | |
| Color: | Color indication is "Very Good" and "Very Bad". |
| BK_NEW_HIGH(LOW)_OFFER(BID) | | Display: | This alert will display "______ at high(low) with new high(low) offer(bid).". | |
| Trigger: | Displays an early warning when a stock is trading at it’s high or low for the day with a new high or low offer or bid showing on Level II, indicating an imminent new high or low for the day. | |
| Behavior: | No repeats. | |
| Siginificance: | Liquidity filtering, color. | |
| Color: | Color indication is "Very Good” and “Very Bad". |
| BK_NEW_HIGH_OFFER | | Display: | This alert will display . | |
| Trigger: | Stocks trading at the day high with a new high offer after 10:00 EST | |
| Behavior: | | |
| Siginificance: | | |
| Color: | Color indication is "Very Good". |
| Z'BK_2_HR_DN | | Display: | This alert will display . | |
| Trigger: | Stocks trading in a downtrend during the preceding trailing 2 hours sorted decending by Macro1. | |
| Behavior: | | |
| Siginificance: | | |
| Color: | Color indication is . |
| Z'BK_2_HR_DN_2_10 | | Display: | This alert will display . | |
| Trigger: | Stocks between $2 and $10 trading at above average volume in the bottom 10 percent of it's daily range, making a new daily low within the last hour and trading below the last 2 hour moving average sorted decending by Macro1. | |
| Behavior: | | |
| Siginificance: | | |
| Color: | Color indication is . |
| Z'BK_2_HR_UP | | Display: | This alert will display . | |
| Trigger: | Stocks trading in an uptrend during the preceding trailing 2 hours sorted decending by Macro1. | |
| Behavior: | | |
| Siginificance: | | |
| Color: | Color indication is . |
| Z'BK_2_HR_UP_2_10 | | Display: | This alert will display . | |
| Trigger: | Stocks between $2 and $10 trading at above average volume in the top 10 percent of it's daily range, making a new daily high within the last hour and trading above the last 2 hour moving average sorted decending by Macro1. | |
| Behavior: | | |
| Siginificance: | | |
| Color: | Color indication is . |
| Z'BK_CHG_DN | | Display: | This alert will display . | |
| Trigger: | Stocks down most for the day sorted ascending by CHGC. | |
| Behavior: | | |
| Siginificance: | | |
| Color: | Color indication is . |
| Z'BK_CHG_DN_OPEN | | Display: | This alert will display . | |
| Trigger: | Stocks down most from the open sorted ascending by CHGO. | |
| Behavior: | | |
| Siginificance: | | |
| Color: | Color indication is . |
| Z'BK_CHG_UP | | Display: | This alert will display . | |
| Trigger: | Stocks up most for the day sorted decending by CHGC. | |
| Behavior: | | |
| Siginificance: | | |
| Color: | Color indication is . |
| Z'BK_CHG_UP_OPEN | | Display: | This alert will display . | |
| Trigger: | Stocks up most from the open sorted decending by CHGO. | |
| Behavior: | | |
| Siginificance: | | |
| Color: | Color indication is . |
| Z'BK_PCT_DN | | Display: | This alert will display . | |
| Trigger: | Stocks down most by percent for the day sorted ascending by PCTCHG. | |
| Behavior: | | |
| Siginificance: | | |
| Color: | Color indication is . |
| Z'BK_PCT_UP | | Display: | This alert will display . | |
| Trigger: | Stocks up most by percent for the day sorted decending by PCTCHG. | |
| Behavior: | | |
| Siginificance: | | |
| Color: | Color indication is . |
| Z'GAP_DOWN | | Display: | This alert will display . | |
| Trigger: | STOCKS GAPPED DOWN $.50 or greater @ OPEN sorted ascending by GAP. | |
| Behavior: | | |
| Siginificance: | | |
| Color: | Color indication is . |
| Z'GAP_UP | | Display: | This alert will display . | |
| Trigger: | STOCKS GAPPED UP $.50 or greater @ OPEN sorted decending by GAP. | |
| Behavior: | | |
| Siginificance: | | |
| Color: | Color indication is . |
| Z'_2 ABOVE LOW | | Display: | This alert will display . | |
| Trigger: | Stocks that have moved up 2% or more from the trailing low of the last 15 minutes sorted decending by PctLo15. | |
| Behavior: | | |
| Siginificance: | | |
| Color: | Color indication is . |
| Z'_2 UNDER HIGH | | Display: | This alert will display . | |
| Trigger: | Stocks that have moved down 2% or more from the high of the last 15 minutes sorted ascending by PctHi15. | |
| Behavior: | | |
| Siginificance: | | |
| Color: | Color indication is . |
| Z'_4 ABOVE LOW | | Display: | This alert will display . | |
| Trigger: | Stocks that have moved up 4% or more from the trailing low of the last 30 minutes sorted decending by PctLo30. | |
| Behavior: | | |
| Siginificance: | | |
| Color: | Color indication is . |
| Z'_4 UNDER HIGH | | Display: | This alert will display . | |
| Trigger: | Stocks that have moved down 4% or more from the trailing high of the last 30 minutes sorted ascending by PctHi30. | |
| Behavior: | | |
| Siginificance: | | |
| Color: | Color indication is . |
| Z'_Near_50day_SMA | | Display: | This alert will display . | |
| Trigger: | Stocks that are within $ .15 of their 50 day simple moving average sorted decending by OPV. | |
| Behavior: | | |
| Siginificance: | | |
| Color: | Color indication is . |
| Z'_OPV_INDEX | | Display: | This alert will display . | |
| Trigger: | ON PACE VOLUME - Stock indices with the MOST VOLUME compared to their AVERAGE VOLUME - calculated for ON PACE multiples sorted decending by OPV. | |
| Behavior: | | |
| Siginificance: | | |
| Color: | Color indication is . |
| Z'_OPV_NASDAQ | | Display: | This alert will display . | |
| Trigger: | ON PACE VOLUME - Stocks with the MOST VOLUME compared to their AVERAGE VOLUME - calculated for ON PACE multiples - NASDAQ stocks only sorted decending by Macro1. | |
| Behavior: | | |
| Siginificance: | | |
| Color: | Color indication is . |
| Z'_OPV_NYSE | | Display: | This alert will display . | |
| Trigger: | ON PACE VOLUME - Stocks with the MOST VOLUME compared to their AVERAGE VOLUME - calculated for ON PACE multiples - NYSE stocks only sorted decending by Macro1. | |
| Behavior: | | |
| Siginificance: | | |
| Color: | Color indication is . |
| Z'_Range_10 | | Display: | This alert will display . | |
| Trigger: | Stocks that have a 10 day trading range greater than 3 and today's range is .75 or less sorted ascending by Range. | |
| Behavior: | | |
| Siginificance: | | |
| Color: | Color indication is . |
| Z'_Resume_Dn_Trend | | Display: | This alert will display . | |
| Trigger: | Swing Trade - stocks resuming their downtrend after consecutive daily up closes sorted decending by OPV. | |
| Behavior: | | |
| Siginificance: | | |
| Color: | Color indication is . |
| Z'_Resume_Up_Trend | | Display: | This alert will display . | |
| Trigger: | Swing Trade - stocks resuming their uptrend after consecutive daily down closesBuy sorted decending by OPV. | |
| Behavior: | | |
| Siginificance: | | |
| Color: | Color indication is . |
Level II Intelligent Alerts
Level II alerts also go through more extensive background liquidity filtering before
they ever reach your desktop. The term "intelligent" further describes this unique
characteristic of TradeScan's Level II alerts. While our background filters screen
for sufficient volume, range, price, etc., our foreground filters look at the
Level II data, including market maker movements, size indicated, time and sales data,
etc. By the time Level II alerts reach your desktop, you know it has passed not
only our liquidity screens, but our tradability screens as well.
| BK_BID(ASK)_SIZE | | Display: | This alert will display "_____ bid(ask) size ___K, __x bid(ask)". | |
| Trigger: | Stocks showing significant size on the bid(ask) relative to the ask(bid). Displays when the size indicated by a market maker or ECN is greater than 30,000 shares and less than 90,000 shares AND represents significantly higher volume than the opposite side of the inside market. Pre-market bid/ask ratios are not calculated and will show an arbitrary "0" (zero) over-weighting. | |
| Behavior: | No repeats. Superceded by BK_BID(ASK)_SIZE_LG. Both BID(ASK) alerts must be selected to get the full range of volume indications, as only one at a time will be triggered. | |
| Siginificance: | Liquidity filtering. Size. Repeats. | |
| Color: | Color indication is "Good" and "Bad". |
| BK_BID(ASK)_SIZE_LG | | Display: | This alert will display "_____ bid(ask) size ___K, __x bid(ask)". | |
| Trigger: | Stocks showing significant size on the bid(ask) relative to the ask(bid). Displays when the size indicated by a market maker or ECN is greater than 90,000 shares AND represents significantly higher volume than the opposite side of the inside market. Pre-market bid/ask ratios are not calculated and will show an arbitrary "0" (zero) over-weighting. | |
| Behavior: | No repeats. Both BID(ASK) alerts must be selected to get the full range of volume indications, as only one at a time will be triggered. | |
| Siginificance: | Liquidity filtering. Size. Repeats. | |
| Color: | Color indication is "Very Good" and "Very Bad". |
| BK_MMAKER_UP(DOWN) | | Display: | This alert will display "_____ market makers bidding up (pushing down)". | |
| Trigger: | NASDAQ Stocks having significant market maker and /or ECN movement in one direction. | |
| Behavior: | No repeats. | |
| Siginificance: | Liquidity filtering. Repeats. | |
| Color: | Color indication is "Good" and "Bad". |
| BK_UP(DOWN) | | Display: | This alert will display "_____ trading up (down)". | |
| Trigger: | Top ten NASDAQ stocks showing significant momentum, price action and support with accelerating volume in one direction. This indicator was written to better catch the moves of the higher volume, tighter spread stocks like CSCO, MSFT, INTC, etc. To get the indicator on all symbols, also select "BK_TRADING_UP(DOWN)_FAST” which looks at the entire database. | |
| Behavior: | No repeats. | |
| Siginificance: | Liquidity filtering. | |
| Color: | Color indication is "Good" and "Bad". |
| BK_UP(DOWN)_FAST | | Display: | This alert will display "_____ trading up (down) fast". | |
| Trigger: | Stocks showing significant momentum, price action and support with accelerating volume in one direction. | |
| Behavior: | No repeats. | |
| Siginificance: | Liquidity filtering. Repeats. | |
| Color: | Color indication is "Good" and "Bad". |
| BK_OVERBOUGHT(OVERSOLD) | | Display: | This alert will display "______ approaching overbought(oversold) condition". | |
| Trigger: | Stocks exhibiting characteristics of a "blow off", often indicating a subsequent reversal. The word "approaching" is used to indicate that direction has NOT changed yet, but is an early indication of a potential directional change. | |
| Behavior: | No repeats. | |
| Siginificance: | Liquidity filtering. | |
| Color: | Color indication is "Normal". |
| BK_BRK_PRE_10_HI(LOW)_LG | | Display: | This alert will display "______ breaking 10:00 high.". | |
| Trigger: | Displays when a stock is breaking it’s pre-10:00 EST high for the FIRST TIME ONLY with a multiple of average daily volume greater than 2.0, as prorated for the day. | |
| Behavior: | No repeats. | |
| Siginificance: | Liquidity filtering, color. | |
| Color: | Color indication is "Very Good” and “Very Bad". |
| BK_4D_REVERSAL_UP | | Display: | This alert will display "____ reversing 3 day down". | |
| Trigger: | Stocks that are breaking the previous day's high for the first time after three (3) consecutive daily down closes. | |
| Behavior: | No repeats. | |
| Siginificance: | Liquidity filtering. | |
| Color: | Color indication is "Good". |
| BK_BLOCKS | | Display: | This alert will display "______ 20pct+ block of _____ shares on ___.__ x n.v.”. | |
| Trigger: | Displays stocks that trade a single block greater than 20% of their average daily volume as measured over the last 21 days. | |
| Behavior: | No repeats. | |
| Siginificance: | Liquidity filtering, block size and volume multiples. | |
| Color: | Color indication is "Normal". |
| BK_FLURRY | | Display: | This alert will display "______ flurry of prints…__.__ x rate: chg +(-) __”. | |
| Trigger: | Displays after 9:33 EST as our earliest indicator when a stock is heating up. We refer to it as our “running in place” indicator as it has not yet picked a direction but is exhibiting characteristics of an imminent move. | |
| Behavior: | No repeats. | |
| Siginificance: | Liquidity filtering, acceleration rate of prints. | |
| Color: | Color indication is "Normal". |
| BK_PLUS(NEG)_TICKS | | Display: | This alert will display "______ + ( - ) ticks in the last minute". | |
| Trigger: | Displays when a stock exhibits a definite directional tick trend in the last minute. | |
| Behavior: | No repeats. | |
| Siginificance: | Liquidity filtering. | |
| Color: | Color indication is "Good" and "Bad". |
| BK_BIG_PLUS(NEG)_TICKS | | Display: | This alert will display "______ + ( - ) 15 minute tick volume, ___.__ OPV". | |
| Trigger: | Displays after 9:45 EST when a stock has increasing tick volume within the last 15 minutes and is supported by large transaction sizes. | |
| Behavior: | No repeats. | |
| Siginificance: | Liquidity filtering, volume multiples. | |
| Color: | Color indication is "Good" and "Bad". |
| BK_DOUBLE_THRUST_DN | | Display: | This alert will display "______ retracing back down new daily low on ___.__ x n.v.". | |
| Trigger: | Displays when a stock is making a new daily low after previously exhibiting a positive trend. | |
| Behavior: | No repeats. | |
| Siginificance: | Liquidity filtering, volume multiples. | |
| Color: | Color indication is "Normal". |
| BK_DOUBLE_THRUST_UP | | Display: | This alert will display "______ reversing to new daily high on _____ share print”. | |
| Trigger: | Displays when a stock is making a new 21 day high after previously exhibiting a negative trend. | |
| Behavior: | No repeats. | |
| Siginificance: | Liquidity filtering, share print value. | |
| Color: | Color indication is "Normal". |
| BK_UP(DOWN)_MOMENTUM | | Display: | This alert will display "______ up (down) over ˝ last 3 minutes”. | |
| Trigger: | Displays as an early indicator when a stock is showing increasing activity moving $ .50 or more, but has not yet triggered the increasing momentum indicators. | |
| Behavior: | No repeats. | |
| Siginificance: | Liquidity filtering. | |
| Color: | Color indication is "Normal". |
| BK_UP(DOWN)_WITH_VOLUME | | Display: | This alert will display "_____ up(down) __.__ on ___.__x n.v.". | |
| Trigger: | Scans for stocks with increasing tick activity that are positive(negative) on the day and trading on pace at three (3) times normal volume or greater. Displays change for the day as well as On Pace Volume. | |
| Behavior: | No Repeats. | |
| Siginificance: | Liquidity filtering. Volume multiples. Change percentage. | |
| Color: | Color indication is "Normal". |
| Approach_200Pd_Dn | | Display: | This alert will display . | |
| Trigger: | Stocks approaching the 200 period SMA from above within 5 cents, resetting when more than 10 cents above. | |
| Behavior: | | |
| Siginificance: | | |
| Color: | Color indication is "Bad". |
| Approach_200Pd_Up | | Display: | This alert will display . | |
| Trigger: | Stocks approaching the 200 period SMA from below within 5 cents, resetting when more than 10 cents above. | |
| Behavior: | | |
| Siginificance: | | |
| Color: | Color indication is "Good". |
| Approach_20Pd_Dn | | Display: | This alert will display . | |
| Trigger: | Stocks approaching the 20 period SMA from above within 5 cents, resetting when more than 10 cents above. | |
| Behavior: | | |
| Siginificance: | | |
| Color: | Color indication is . |
| BK_BRK_UP_CLOSE | | Display: | This alert will display . | |
| Trigger: | Stocks breaking upward through yesterday's close for the first time and making a new high on the day. | |
| Behavior: | | |
| Siginificance: | | |
| Color: | Color indication is "Good". |
| BK_BRK_UP_OPEN | | Display: | This alert will display . | |
| Trigger: | Stocks breaking upward through their open for the first time and making a new high. | |
| Behavior: | | |
| Siginificance: | | |
| Color: | Color indication is "Good". |
| Z'GAP_DOWN_PRE | | Display: | This alert will display . | |
| Trigger: | Stocks indicating a gap down of 4% or more before the open sorted ascending by GAPPRE. | |
| Behavior: | | |
| Siginificance: | | |
| Color: | Color indication is . |
| Z'GAP_UP_PRE | | Display: | This alert will display . | |
| Trigger: | Stocks indicating a gap up of 4 % or more before the open sorted decending by GAPPRE. | |
| Behavior: | | |
| Siginificance: | | |
| Color: | Color indication is . |
| Z'_INDUSTRY_DN_OPEN | | Display: | This alert will display . | |
| Trigger: | Top 30 industries ranked as a percent down from the open sorted ascending by PCTCHGO. | |
| Behavior: | | |
| Siginificance: | | |
| Color: | Color indication is . |
| Z'_INDUSTRY_UP_OPEN | | Display: | This alert will display . | |
| Trigger: | Top 30 industries ranked as a percent up from the open sorted decending by PCTCHGO. | |
| Behavior: | | |
| Siginificance: | | |
| Color: | Color indication is . |
| Z'_MACD Cross_Dn | | Display: | This alert will display . | |
| Trigger: | Stocks where the MACD indicator is crossing the MACD trigger line to the downside sorted decending by MDCTTimD. | |
| Behavior: | | |
| Siginificance: | | |
| Color: | Color indication is . |
| Z'_MACD Cross_Up | | Display: | This alert will display . | |
| Trigger: | Stocks where the MACD indicator is crossing the MACD trigger line to the upside sorted decending by MDCTTim. | |
| Behavior: | | |
| Siginificance: | | |
| Color: | Color indication is . |
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