Noel
Campbell 		Putting in the hard work and back testing markets will provide an increased level of confidence and your trading results will ultimately move in line with the knowledge you have. Many people spend more time than they need to in pursuit of trading signals when using their Starter Pack Software.
Once the hard work is done and you understand the results that you are getting using your ABC trading rules, it’s a case of then waiting for the signals to be produced by the individual markets you are watching. You can open each opportunity that you have been following, click on the HiLite button and check to see if an ABC point has formed. This is a more than acceptable way of checking for signals, however, it is a little time consuming. In this day and age we most are looking for a faster way to analyse and make best use of our available time.

Let’s say that our analysis has shown that CBA is a share that we want to monitor for potential ABC trades. Let’s say that our analysis has shown that CBA is a share that we want to monitor for potential ABC trades. The best way to set this up is in the software is to use the alerts feature. If you look under TOOLS the ALERTS menu you will be able to set up this time saving feature.

You will then be presented with the alerts screen where you enter the details on the market you are looking to follow.


Click on the ADD button and the enter appropriate code that you are looking to monitor

To select an alert for the ABC points we must look under HILITES in the alert type drop down menu. Then select ABC Points.


Following on from here is quite simple, we have to set up the parameters for the ABC point. For example the entry limit we are looking to use and also whether it is a long or short trade. If you wanted to monitor for both a long and short trade you will need to enter two alerts to cover both alternatives. However, once they are set there will be no need to set them again. Once you are happy with the criteria click on OK.


Repeating this process as many times as you need with the various codes will quickly ensure that your software will alert you to potential trades in the market. Below is the example of how your screen would look with the three example markets added. By Clicking on the CHECK button will prompt the software to search the alerts you have added and notify of any activated alerts.


If any alerts are triggered the following screen will appear. By clicking on YES you will be shown under the activated alerts screen which markets meet the ABC criteria that you have selected.


Checking the alerts manually each day by this method is once again a little time consuming. So the software does allow an automatic process to check the alerts each time that you update your data. So the first process that the software performs after updating your data base will be to check your alerts list. To select this option in the software you need to look under the VIEW then OPTIONS menu. Select the GENERAL TAB and check the RUN ALERTS AT COMPLETION OF DOWNLOAD.



click image for more detail

Taking the short time to set these alerts up on your preferred markets will ensure that you keep on top of trades as they are forming and not miss any potential trades in the market. Mastering the features in the software, like alerts, enable you to make better use of the time you have to analyse the market. Once the knowledge of your plan has come together, the next challenge is to get the most from your tools. This then allows you to get the most from the market.

Until next week......

Noel Campbell