Signal Action Setup

A Signal Action is a user-defined and named specfication for actions to be performed when the named signal action is executed. Various indicators in Investor/RT can trigger the execution of a named Signal Action, e.g. when the Reference Line or Trend Line indicator senses that price has touched or broken through the line, or when a signal marker or a trading signal is turning true,or it can just be triggered manually through a chart button action.

Signal Actions can perform one or more tasks:

  • Play a specific sound name
  • Run a named schedule
  • Display a message in a message box.
  • Record a message to a text file
  • Treat the message as an alert - alerts can be sent to a designated email address and can optionally include an image of the chart in which the signal action execution was triggered.
  • Submit a named Trading Order - a trading order can optionally carry an automated order management Trading Stategy.
  • Execute a button inside the chart in which the signal action execution was triggered.

It is also possible to restrict the triggering of signal actions under certain circumstances by including a "Confirm with" signal rule with the desired syntax (this filter could reflect a specific market / indicator condition, a certain period of the day, etc)

Presentation

Use the Object Manager to view all of your Signal Actions, edit them or create new ones. Note that there is a system generated signal action for each of the built-in sounds, e.g. Play Buzzer is created by Investor/RT to play the sound name Buzzer. These sound-only signal actions are built-in for your convenience when the only action you wish to occur is the playing of a specific sound. These sound-only signal actions have names that convey that all they do is play a particular sound; it is recommended that you create new signal actions for your own user rather than adding additional behaviors to any of these sound-only signal actions.

Note that Signal Actions, like Trading Orders, are stored as named Presets in your database. The object manager treats Signal Actions as a specific object type, i.e. presets of type Signal Action. Here is an example of a Signal Action named "CL Above 2 Deviations" that is referenced by a signal marker indicator as the alert action to the triggered when a signal fires indicating that the trade price (CL) is 2.0 or more standard deviations away for some standard deviation period. This signal action will play the buzzer sound; send an email alert message; and trigger a trading order named Sell1Mkt. The execution of this signal action could be conditional, ie controlled upon the status of a signal rule that would be included in the "confirm with" box.

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