Alert Guidelines
Hours
You can set up and activate alerts or alerts created from templates at any time (including outside of standard market hours) and they will display in the Alerts tab.
However, because alerts require updated Level I quote information to function, they will not initialize until the next trading session.
Wide Spreads
Alerts on symbols with wide spreads may not fire if the spread is too wide.
Quick Triggers
Alerts automatically cancel if triggered within 5 seconds of being set.
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.
After Hours
- Alerts set to expire on the current trading day become inactive at the end of the standard session (4:00 p.m. ET), but they remain in the Alerts tab pending further action such as editing, activation, deactivation or removal.
- Alerts set to expire on a future date, and which have not yet expired or triggered, will deactivate at the end of each standard session (4:00 p.m. ET), but will reactivate at the open of the next trading day's standard session, until the alert expires, is triggered, or is canceled (deactivated).
Index Alerts
Alerts for indices should only be set up using the Trade Price variable. Although you can create alerts for indices using other variables such as Bid or Ask, these alerts will never trigger because the variables do not exist for indices.
After an Alert Triggers
- Alerts established with conditions that have already been met or are imminent will not activate and you will be presented with an opportunity to make changes to your alert.
- After any alert has triggered, it will automatically be cancelled (deactivated). The same alert cannot trigger more than once without being reactivated first.
- If you are not logged on when an alert triggers, a message indicating that the alert triggered in your absence will display in the Messages window at login.
Inactive Alerts
Alerts which have been inactive for 4 months will be automatically removed from the system.