Conditional Orders & Alerts

This tool is designed to help you protect profits and limit your loss potential by monitoring for the market conditions you specify – even when you’re not online.

When logged in, you can have StreetSmart.com® alert you when certain price conditions you specify are met. Even if you are not logged in, you can have StreetSmart.com automatically place orders on your behalf when your Alert conditions are met.

Set up alerts in the Conditional Orders & Alerts tab.

 

StreetSmart.com Conditional Orders & Alerts functions gives you sophisticated risk management tools that allow you to monitor the market and protect your positions even when you're not logged in.

From the Conditional Orders & Alerts tab, you can easily create conditional orders and alerts that will trigger off the Bid, Ask or Trade Price of a security, including Trailing Stops.

Get a quick overview of the Conditional Orders & Alerts feature in this self-paced Conditional Orders & Alerts training course.

Alert Criteria:

Alerts can use a single "absolute" criterion to set off (trigger) the alert. Once the alert condition is met, no additional calculations are required before the alert is fired. There are two absolute criteria:

Alerts can also use a single "variable" criterion to trigger the alert. The variable criterion is based on a change from a value that is determined at the time that the alert is created. If you create an alert to fire when the Bid for a particular security gains 1 point, StreetSmart.com will reference the current inside Bid at the moment that the alert was created. There are two variable criteria:

StreetSmart Edge Alerts on StreetSmart.com

All conditional orders and alerts set in StreetSmart Edge will display in your StreetSmart.com Alerts tab and vice versa. You can deactivate all conditional orders and alerts in either place regardless of which platform it was set on, but you can only create and edit simple and intermediate conditional orders and alerts on StreetSmart.com. To set up advanced or more complex alerts, use StreetSmart Edge.  

StreetSmart Only: Brackets, Conditional Orders, and Alerts created in the StreetSmart platforms can only be viewed and managed from the StreetSmart family of applications and are not currently available from Schwab.com or other Schwab applications.

Alert Persistence

StreetSmart.com Alerts supports server-held alerts and conditional orders which keep your alerts active regardless of logon status and strengthen your ability to manage risk. There are two type of persistent alerts:

TIP:  If you log on to StreetSmart.com during market hours and you have inactive alerts associated with your account, the system will ask you if you want to activate those alerts.

You may choose to activate all alerts, select alerts, or not activate any inactive alerts.

 

Viewing Alerts on Charts

Get a visual depiction of your alert on your charts, showing on the chart the point at which your alert will be triggered.

From the Alerts drop-down button at the top of the chart, select Show All. This will display the alert trigger price during the regular session only.

 

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