In September we posted how retail charting provider, TradingView, has been boosting its B2B offering with features and solutions of its platform for brokers and market websites. Returning its focus on end-user traders, TradingView has announced a new update to its charting interface to also include alert notifications.
According, to TradingView, before beginning to offer alerts, they were one of the “most demanded features” from users. Upon launching notifications, TradingView is rolling an expanded solution, of which users can create alerts for any fundamental, technical, and pricing changes. TradingView’s solution builds on the typical alerts which are available on most trading platforms, but limited to only price alerts. Using the new feature, users will also be able to create technical based alerts such as when an assets RSI moves above 70, or when a stock’s fundamentals change, with its Price to Earnings (P/E) dropping below 10. In addition, pricing alerts will be offered on a per period level, with the ability to be notified when a stock or trading instrument moves greater than a specified amount such as more than 3% in the last 15 minutes.
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Although a multi-asset charting provider, according to Stan Bokov, COO at TradingView in comments to Forex Magnates, he explained that they have a large concentration of forex related activity, with 60-70% of users looking up forex charts (among other symbols). He added that alerts are being offered as a feature on the platform, with email along with SMS notifications scheduled for future release. The cross device notifications which email and SMS would provide is similar to features that were popular on Traido, a startup we featured last year, but has since ceased its operations. Overall, and similar to Traido but with expanded features, TradingView’s alerts create an ‘everything is a function’ environment of which close to anything can be set for alerts once it gets added to a chart.