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Friday, December 2, 2011

Market Glass – Technical Indicator Alerts

Market Glass is a useful tool within Telemet Orion that allows the user to set alerts for Technical Indicators like Moving Average, Moving Average Convergence Divergence (MACD), and the Relative Strength Index (RSI).  Alerts can be set up for Telemet Symbol Lists, Queries, U.S. Stocks, the S&P 100, or the S&P 500.  Clients are also able to customize the number of days viewed in the alert window.
For example, you may set up a measurement for the RSI alert using 14-day periods; 30 as the level for oversold, and 70 as the level for overbought on a Telemet List as shown in the below.
1. Choose Display>Research>Market Glass.  The Market Glass window opens.  Right click on Technical Indicators and choose New.

2. Select your security data source; enter how many days of data to display in the window; and name the alert.
3. Click on Add to choose an Indicator.  A window appears with your choices.  Next, click on the link for the desired indicator.  You may then enter your measurements for the alert and select OK.

4. The Indicator now displays in Indicators window.  Choose OK to create the alert and run the search.  Going forward, you may right click on Technical Indicators and choose Open to run the search or Edit to make adjustments to the alert.

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