Triage Buying Power

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Contents

Introduction

The Triage Buying Power application will check if your overnight and real-time buying power are both within acceptable ranges before the closing of the stock market's day session. According to built-in rules that you can select, the indicator will send a warning alert whenever your account is at risk of violating brokerage rules.

Buying Power alerts can be sent to any voice phone, SMS, email, fax, instant messenger, RSS, Twitter or Facebook account. Simply install TradeWatch -- that's all it takes to start sending TradeStation buying power alerts at any time and anywhere you go.

Quick Start

  1. Please make sure you are in TradeWatch "test" mode (which can be set with the TradeWatch program tray-icon on your Windows taskbar).
Install7.png
  1. Insert the $Triage_BuyingPower indicator into any chart (but we recommend using one of the diagnostic symbols such as == CPU since it always updates once per second).
  2. Set the input parameters to your desired settings. You can use the defaults to see it in action.

Input Parameters

TriageBuyingPowerTSParameters.png
ttAccount_Name: List the account you would like to report, such as "SIM8168886M". 
ttTime_Begin: Time to begin checking the buying power. You can enter values such as "13:30:00" which means 1:30PM in the afternoon.
ttTime_End: Time to end checking the buying power. You can enter values such as "16:00:00" which means 4:00PM in the afternoon.
ttCheck_Interval: How often to check the buying power between the begin and end times?

1s = 1 second, 1m = 1 minute, 1h = 1 hour

For example, "20m20s" means to check every 20 minutes and 20 seconds.
ttDay_Power: Check the Day Trading Buying Power, enter True to check, False to skip.
ttOvernight_Power: Check the Overnight Buying Power, enter True to check, False to skip.
ttThreshold: At what dollar or percentage threshold of using up all your buying power do you want to get an alert. You can enter a dollar amount or a percentage amount.

For example, if you enter "$10000", then it means to alert you when you come within $10,000.00 of going over your buying power.

For example, if you enter "10%", then it means to alert you when you come within 10% of using up all your buying power.
ttUse_RealTime: Select "BD" to use beginning day buying power. Select "RT" to use real-time buying power for alert calculations.
ttMsg_Type:  Choose the message type you are sending:

"printlog"     = message is sent to TS print log
"phone"        = voice message to phone
"sms"          = text message to mobile phone
"fax"          = text page to fax machine
"email"        = message to email
"yahoo"        = message to Yahoo IM
"msn"          = message to MSN IM
"aim"          = message to AIM (AOL) IM
"icq"          = message to ICQ IM
"gtalk"        = message to Google Talk IM
"rss"          = message to RSS Feed
"twitter"      = message to Twitter account
"facebook"     = message to Facebook account
                              
Please see Triage Messaging User’s Guide for more information about the message destination parameter and how to use it.
ttMsg_Dest: Send messages to one or more destination addresses or numbers.

Please see Triage Messaging User’s Guide for more information about the message destination parameter and how to use it.
Messaging Service Example Destination
Mobile Phone or Device via Short Message (SMS) 14155551111
Text-to-Voice Phone Message to any Telephone or Cell Phone +14155552222
Text Fax to any Facsimile Device +1-415-555-3333
E-mail Relay bypassing tradition SMTP and Mail Clients me@email.com
Yahoo Instant Messenger yahoousername
AOL ("AIM") Instant Messenger AOLusername
Microsoft MSN or Live Instant Messenger msnname@hotmail.com
Google Talk Instant Messenger googlename@gmail.com
ICQ Instant Messenger 570102039432
Twitter™ Account Twitter Alias\*
Facebook™ Account Facebook Alias\*

Troubleshooting

If you get a "Waiting for account…" message in your chart for the $Triage_BuyingPower indicator, then you must check to see if you are online and connected to the TradeStation trade server. You cannot retrieve account information without being connected.

You can find your trade server status at the lower right hand corner of your TradeStation application. If the trading status is red, then you are not connected.

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