How to program an alarm when stock hits a certain price

[hlpsg]

Hi,
I'm looking for a way to trigger a loud alarm when a stock or index I'm trading hits particular prices. I don't want to sit and watch the screen all day, and I have limited funds. The 2 main indices I'm watching include the S&P500 and FTSE. (Actually the S&P trades when its bedtime here)

Appreciate if you could share setups you've used, or any ideas you may have. Thanks.

 

[juanbyte]

Hi

You can do this easily with interactive brokers or tradestation platforms.

Why do you want an alarm, can you not just place limit orders.

 

[JonnyT]

You can also do this easily with ShareScope for EOD

JonnyT

 

[hlpsg]

Hi

You can do this easily with interactive brokers or tradestation platforms.

Why do you want an alarm, can you not just place limit orders.

Hi
Unfortunately I cannot place limit orders as I'm trading options, and I need to figure out which strikes to trade, and the risk profile when the price hits, before I decide whether or not to enter a trade. So the easiest way for me is to program an alarm to wake me up or notify me when the price nears my target, so I can go do the discretionary part of my trading.

Thanks,
HL

 

[Mr. Charts]

esignal has audio and visual alerts you can set at or approaching key levels
Richard

 

[wisestguy]

options are in some ways fool's gold , hyped by the so called options seminars that are doing the rounds in asia at the moment .

most options are already fair priced by the time you notice it . and the costs ain't cheap either despite what the VS versions of the options world say .