Pro Alerts

Programming alerts using a wide spectrum of data

BETA version available to all users (Tier 1, Tier 2, Tier 3)

✅ Currently, Alerts and Pro Alerts can be set for

✔️ BTC Price
✔️ Altcoin pairs to USDT and BTC
✔️ Metrics: on-chain (e.g., Long Term Holders SOPR or Bitcoin Reserve on Exchanges)
✔️ Exchange metrics (e.g., Funding Rates or Coinbase Binance Ratio)
✔️ Market metrics (e.g., US Dollar Index or SP500)

☑️ In the coming weeks we will add

🔜 Alerts for available indicators (RSI, Stoch, etc. from any metrics)
🔜 Alerts for crossing metrics / indicators

✅ Pro Alerts

✔️ Notifications when several alerts occur at the same time
✔️ Backtests, to check how BTC price behaved historically

✅ Notifications

✔️ Phone (Caller Bot)
✔️ SMS
✔️ E-mail
✔️ Telegram
✔️ Browser notification

Adding and Editing an Alert

Right-click on the Pro Charts screen
The metric for the alert must be visible on the chart
After saving, you can edit the alert in the right sidebar

Adding and Editing a Pro Alert

At least two alerts must be created first
Edit Pro Alert in the right sidebar

Why are Pro Alerts so powerful?

Immediate Response: With fast alerts, you can instantly react to key market changes.
Advanced Analysis: Collect data from multiple sources and receive a notification when several events occur simultaneously.
Customized Notifications: Set alerts according to your strategies and preferences.

The Difference Between "Alert" and "Pro Alert"

Alert

It’s a type of notification triggered by meeting a single condition, such as:

Percentage drop
Percentage increase
Crossing
Greater than
Less than

Pro Alert

A more advanced type of notification, activated by meeting several conditions (Alerts) simultaneously.

Characteristics of Pro Alert include:

Time window: Allows selection of the time within which all conditions must be met.

Sleep time after triggering: Allows setting how long the Pro Alert should remain inactive after activation, even if conditions are met again.

Alert when condition: Choosing the moment the alert is activated: when the condition starts to be met, is met, or ceases to be met.

Alert trigger: Option to choose between a one-time activation or activation every time the condition is met, but not more often than once a minute.

Alert expiration: Option to choose whether the alert should expire or not.

Data source selection: Ability to choose different data sources, such as open, close, minimum, maximum, average.

Notification Channels

MaxData.app offers various notification channels, enabling users to receive alerts via:

Telegram
SMS
Phone
Email
Browser Notification
Messenger

Adding an Alert

To add an alert for a specific metric or indicator, make sure it is on the chart, and then right-click on the chart background.

Alerts can currently be added on:
- all on-chain and exchange metrics, and altcoin pairs
- trend lines


Coming soon, alerts will also be available on:
- RSI of altcoins, on-chain and exchange metrics
- any indicators from any metrics
- crossings of metrics and indicators

How to Create a Pro Alert for Increases?

An example Pro Alert could consist of the following elements:

Increase in stablecoin reserves: rSTABLE-all +2%
Low BTC price, e.g., after a few percentage declines: BTC -3% / 6h
Purchases among traders on Coinbase: CBR-I < 0
No increase in Bitcoin reserves on exchanges: not rBTC-all +1% / 4h
High buying pressure: OB < 35

How to Create a Pro Alert for Decreases?

An example Pro Alert could consist of the following elements:

Increase in Bitcoin reserves: rBTC-all +1%
High BTC price, e.g., after a few percentage increases: BTC +3% / 6h
Purchases among traders on Binance: CBR-I > 0
High selling pressure: OB > 65


Remember to backtest each Pro Alert or alert before using it. This way, you will know exactly what to expect from it, such as how often it historically would have been triggered and how it correlated with changes in the price of BTC or other tokens or metrics.



Configuration of Pro Alerts is available from Pro Charts

Updated on: 07/05/2024