Change Strategy or Alert Parameters

Brief

The article explains how to change a strategy or alert.

Details

To change the parameters of a strategy or alert:

1. Do one of the following:

• Double-click the strategy or alert label on the chart.
• Right-click the strategy or alert label on the chart and then choose Change Strategy "Name", where Name is the name of the necessary strategy or alert.
• In Strategy Dashboard, double-click the strategy or alert row.
• In Strategy Dashboard, right-click the strategy or alert row and then choose Change Strategy "Name", where Name is the name of the necessary strategy or alert.
2. The Strategy or Alert Parameters dialog box appears.
   
   
3. In the Name box, type the name of your price alert if necessary.
   
   
4. The Symbol box shows the symbol of the chart. Choose another symbol of the price alert if necessary.
   
   
5. Specify the price alert parameters:

• Price type shows the price type of the chart (Bid or Ask). If necessary, choose another price type..
• Period size shows the period of the chart. If necessary, choose another period.
• In Price level, type the price value of your choice.
• In Condition, choose the condition of your price alert.
• Choose the smoothing method and the number of smoothing periods if necessary.
6. Specify the price alert notification:

• To view an alert in a pop-up window on a price alert signal, set Show alert to Yes; otherwise, set it to No.
• To receive a sound notification of a price alert signal, set Play sound to Yes; otherwise, set it to No.
• To change the sound for the price alert notification, click Sound file.
• The Choose Sound dialog box appears.
  
  
• Choose a sound from the appropriate box or specify your sound by clicking Browse and choosing a sound file.
• To listen to the sound, click the listening button next to the sound box.
• To receive an email notification of a price alert signal, set Send email to Yes; otherwise, set it to No. To define the settings for receiving alert messages, go to Strategies Options.
• To receive the emails to an address other than default one, type this address in email address.
  
  Notes:

• To apply the changed parameters (except for the name) to all Price Alert signals by default, click Set as Default.
• To reset factory settings of the signal, click Reset.
• To open an already saved strategy template, click Open Template. The Open Strategy Template dialog box appears where you can select an already existing strategy or import a new one.
• To save the specified parameters, click Save Template. The Save Strategy Template dialog box appears where you can save the specified properties as a new strategy or overwrite an already existing one.
• To apply the changes made to the selected strategy or alert, click Apply.
7. Click OK.

Once you click OK, the price alert is automatically started and a line with a label appears on the level of the alert price by default. You can change the options for the colors of price alert lines. See Price Alerts Options.

You can also open the dialog box for changing strategy or alert parameters from the Configure Strategies and Alerts dialog box:

1. On the Alerts and Trading Automation menu, click Configure Strategies and Alerts.
   
   * In the FXCM Trading Station, the command is available on the Alerts and Trading Automation menu.
2. The Configure Strategies and Alerts dialog box will appear.
   
   
3. Do one of the following:

• Double-click the strategy or alert.
• Click the strategy or alert row, and then click Parameters.

The Strategy or Alert Parameters dialog box will appear.