Expert Alerts

EXPERT ALERTS

The Expert Alerts page is placed first in the Analyst Zone section (the last icon on the left hand side menu).

This page contains various signals that are majorly used by market participants based on different Technical tools. While the signals themselves are very useful to pick stocks for trading and investing, they also provide another useful function - developing market perspective.

Let’s tour the page and see how to spot results from right kind of technical setup and opportunities.

MENU ITEMS

A :  The options help navigation through INTRADAY, EOD and EOD FOLLOW THROUGH page designed within the Expert Alerts Page. The further will elaborate these pages in details.

B :  REFRESH – The modules are connected through Algos and result flows are continuous. To find the latest update without disturbing the other changes made during analysis on the page, one can use the “Refresh” Button that gets activated every 10 seconds.

C :  BULLISH / BEARISH Toggle - This toggle helps user to switch all the below modules / change the results from Bullish to Bearish or Bearish to Bearish. One needs not to click on every single module to do the same.

D :  UNIVERSE - USER can choose the Universe desired from the drop down menu (default is set to F&O list). Others are NIFTY50, NIFTY BANK, NIFTY NEXT 50, NIFTY 500, NIFTY MID-SMALL and INDICES. The dropdown also consists of Watch list (See watch list page for more details).

Numbers on Modules

The numbers besides the Bullish and Bearish with every module shows number of stocks / indices that have satisfied the criteria of particular strategy in Bullish and Bearish. One can gauge the market direction by simply comparing the numbers. Considering the above case with Universe of NIFTY 500, there are 196 stocks trading above the Previous Day high while 43 stocks below the Previous Day low. This shows the market is in Bullish mode and one should look for a long opportunity.

INTRADAY:

NeoTrader has multiple individual Indicators / Oscillators / Technical Tools based pages that enable one to spot opportunities exploring particular strategy. Intraday page on Expert Alerts is the combination of different studies at one place with additional several levels of criteria filtration spread into different modules. This page also contains summarized report as focus list.

Below is the detailed information on different strategy modules. The modules are free to arrange in the sequence the user need. Thus, User can combine different modules to make their own strategy and it become easy to track changes.

Let’s explore different modules present under the page:

OPEN HIGH / LOW:

This module produces result based on a particular strategy that is used by majority of the Intraday Participants. The strategy focus on stocks having either OPEN=HIGH or OPEN=LOW with additional filtration.

PRICE and VOLUME BASED:

(PRICE ACTION, VOLUME SURGE, PRICE AND VOLUME COMBINE, RANGE EXPANSION, PREVIOUS DAY and PREVIOUS WEEK)

Many traders or investor mark the previous highs & lows, watch for volume actions and combine theses studies to find opportunities. Some watch for consolidation and these come in different setups. Thus, these modules focus on such kind of activities and look for change in Price, Volume and Breach of certain ranges.

ADX RISING:

This module provides extract from the ADX Trends page. Stocks that are showing trendiness as per the strategy Algo defined are flashed to allow one to focus on stocks with momentum strengthening. Visit ADX TRENDS page for more details.

ICHIMOKU:

(30 MIN CS, 30 MIN CLOSE, 60 MIN CS and 60 MIN CLOSE)

Ichimoku in itself is a vast tool where every aspect of trend is covered. The important elements being the CLOUD and CS, defines the trendiness in particular stocks. These modules list happening of such events and lets one to focus on stocks turning into trending action. Visit ICHIMOKU DASHBOARD page for more details.

BOLLINGER BAND:

(BB CUT 30 MIN, BB CUT 60 MIN and BB SQUEEZE)

There are multiple strategies that are complex to perform using Bollinger Band tools but the mostly used are listed down in these modules. Bollinger Band CUT strategy can be seen in multiple timeframe (30 Mins and 60 Mins). Another Strategy is SQUEEZE that produces results based on the contraction of the trend and possible stocks where trend is expected to emerge. This is another set of modules where one can focus for stocks that are either entering in a trend or approached exhaustion.

EXTRACT FROM CHANGED NOW PAGE:

(INTRADAY CHANGED NOW, MULTIDAY CHANGED NOW and POSITIONAL CHANGED NOW)

These modules show results extraction from the CHANGED NOW page. The summary from the page is filtered across multiple timeframe. These are items that are apart from the above modules. The stocks shown have their own scores based on compilation of the strategies defined in the Changed NOW Page. See CHANGED NOW Page for more details.

SUMMARY & SCORES

There are two sections (Bullish and Bearish) where the summarized report of the modules is shown. This result section includes stocks that are being flashed under 2 or more modules. This enables user to focus on stocks that has activities in more than one Indicators / Oscillators setups.

The Summary clearly shows more Green entries compared to the Red ones. This clearly indicates that the bias of the market is Mixed to Bullish.

EOD

Expert Alerts EOD Page lists down a couple of items after the End-Of-Day Analysis to prepare one for the next day. Multiple modules designed under the EOD Analysis scans through the Markets and produces list of items that help in being ready in advance for the next trading session.

The idea here is that BEFORE the market starts, you are ready with a list of stocks that you can action. Now, these may come through or not but you are ALREADY AT AN ADVANTAGE- of knowing what to do soon after the market starts.

The strategies those are present in the EOD page:

Price and Volume Combine EOD: Based on Price and Volume action. Many market participants look for these setups where price movements have been backed by strong volume as this increases confidence.

Candle Trend: 

Based on Candle Stick pattern. The trendiness and the sentiment of the stock becomes quite clear reading the candle sticks formation. This module gauges the candlestick, applying some filters, and produces results that are trended in action and have high probability.

Ichimoku EOD Close & Ichimoku EOD CS: Based on Ichimoku Tool. The two major strategy signals (Close above Cloud and CS line trending) are designed in Expert Alert EOD page. Many other filtrations can be performed on the Ichimoku Dashboard page (Look Ichimoku for more details).

BB Squeeze: Based on Bollinger Band Contracting action. This module provides details on stocks where the trend is contracting into a small range. User can benefit from these stocks being ready for the action to be taken once the new trend is formed. This strategy is considered as a low risk strategy.

BTST Mode: As the name itself says, Stocks that shows strength considering the current market scenario will be flashed under the module for one to take opportunity. The results are produced at a scheduled time (3PM).

Potential Reversal: This is one of the unique modules that have been designed in NeoTrader. These are stocks that have set off some chart signals that indicate we may have a change in the trend for the near term. Usually, these are stocks that have been declining / rising for successive sessions, so maybe reaching short term oversold / overbought situation and hence are in a position to reverse the near term trend. But along with there are several other criteria that have also been defined within the Algos to spot the likely reversals.

EOD FOLLOW THROUGH

Follow through price action is necessary to turn the candidates of the EOD page into Buys / Sells. Monitoring the progress of the strategies performed in the EOD page ensures that something springs up during the day. Thus, enables us to initiate a trade.

The page consists of modules like Price and Volume combine EOD, Candle Trend, Ichimoku EOD Close, Ichimoku EOD CS and Potential Reversal. The modules are similar to EOD modules and flash the signals generated from the EOD items in the respective modules.

Apart from the above modules, the EOD FOLLOW THROUGH page also consists of Previous Day and Previous Week. These modules act as additional confirmative action.