Alerts

1. Introduction

1.1 Purpose

This document provides an overview of the SILEXX OEMS Alerts Module. Therefore, our intent here is to provide you guidance, on both basic and advanced functionalities.

An alert is an audible and/or visual cue, which you predetermine, that a security is trading at a certain level. Once the security hits that level, a sound, a pop-up window (see example below), or both can be set to alert you of the event. A triggered alert will also appear on the Quote Board as highlighted text in the associated field. In this manual we will cover how to:

  • Launch the Alerts module
  • Create alerts
  • Manage alerts
  • Re-arm an alert
  • Remove an alert

2. Launching the Alerts Module

From the Main Screen

  1. Click Modules
  2. Select Alerts This will open the Alerts module where you can create, reset, remove, re-arm and otherwise edit alerts.

3. Creating Alerts

Alert creation can be accomplished from any of the following locations within SILEXX OEMS:

  • Main Screen
  • Option Chain
  • Portfolio
  • Quote Board

3.1 From the Main Screen

  1. Launch the Alerts Module as illustrated above
  2. Click the Create Alert button

This opens the Create Alert editor window

Field Description
Alert Type Quote - sets an alert based on the securities quoted price
Security Type the exact symbol for the security (auto-populated if launched from quote data) Be sure to press enter on your keyboard or mouse-click away from the field to activate the symbol.
Field Select for which field to apply the alert trigger(s)
High Value An alert will trigger if the field value becomes equal to or less than this specified value
Low Value Amount the alert value will increase or decrease when it is re-armed after it has been triggered. The increment is applied to the trigger value
Re-Arm Alerts become inactive once triggered unless this box is checked; at which point they will continue to be active until removed or un-armed (unchecked).
Incremental Change Re-activate the alert with a trigger value that is incrementally higher or lower than the respective original value.
Percentage Change Re-activate the alert with a trigger value that is incrementally higher or lower than the respective original value based on a percentage of the security's price.
Play Sound Play a sound when an alert is triggered.
Show Popup Show a popup display when the alert is triggered. The popup will appear in the lower right corner of your main monitor and states the details of the alert.

3.2 From the Option Chain

Right-click an option row (except for in the Strike price column) Select Create Alert

This directly opens the Create Alert editor window

3.3 From the Portfolio

Right-click an option row (except for in the Strike price column) Select Create Alert

This directly opens the Create Alert editor window

3.4 From the Quote Board

Right-click an option row (except for in the Strike price column) Select Create Alert

This directly opens the Create Alert editor window

4. Managing Alerts

In this section we will cover how to:

  • Open the Alert manager
  • Customize the display
  • Edit Alerts
    • Change alert parameters
    • Reset
    • Re-arm
    • Remove

4.1 Alerts Manager Window

Launch the Alerts Module from the main screen to manage your alerts

  1. Click Modules
  2. Select Alerts

This opens the Alerts manager window which lists all the alerts you have created and saved and displays an overview of what each alert is programmed to do. (Will be blank if you have not created any alerts)

4.2 Alerts Column Data Definitions

Field Description
Field Identifies to which quoted price field the alert is assigned
High Value Displays the set High Value for the alert trigger (if applicable)
Low Value Displays the Low Value for the alert trigger (if applicable)
Re-Arm When checked, the alert will automatically re-arm and re-value based on the indicated increment
Re-Arm Increment Amount the alert value will increase or decrease when it is re-armed after it has been triggered. The increment is applied to the trigger value
Security Identifies the security symbol to which the alert is assigned
Trigger Time Displays the time that the alert was triggered
Trigger Value Displays the value of the field that triggered the alert

5. Editing Alerts

5.1 Changing an alerts' parameters

  1. In the Alerts manager, right-click the row of the alert you want to change and select Edit Alert (this can also be done on the Quote Board after an alert has been triggered) The Create Alert window will open and the parameters can be updated.

  2. Several fields can be edited directly in the manager window; these include:
    • High Value
    • Low Value
    • Re-Arm Increment

Left click in the cell containing these values and either type in the new value or click the arrow buttons

6. Re-setting an alert

Triggered alerts will remain visible (highlighted) in the Quote Board and Alerts manager window until the alert is reset. The trigger information will also remain on the Alerts manager window until the alert is reset.

  1. Right-click the highlighted cell on the Quote Board and select Reset Alert
  2. Right-click the highlighted row on the Alerts module and select Reset Alert

6.1 Re-arm an alert

The re-arm feature allows you to setup alerts such that when the alert is triggered, it is automatically re-activated and set at a new value based on a pre-set increment level.

Checking the Re-Arm box and setting a Re-arm Increment of 1.00, in this example, will automatically cause the alert to become active again once triggered, but this time with a Low Value of 90.00 (1 point increment lower from initial alert setting). The alert will continue to be re-armed in this manner until the Re-Arm checkbox is unchecked or the alert is removed.

6.2 Remove an alert

In the Alerts manager, right-click the row of the alert you want to remove and select Edit Alert (this can also be done on the Quote Board after an alert has been triggered)

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