Here’s a quick tip shared by Irusha on IBDLive to quickly set an alert at the profit, loss and pivot shaded areas in MarketSmith.

Begin by moving your mouse over the green shaded and right-click. A small dialog will appear with the text Set Alert.

A popop window will show the alert price that will be set. In this example the alert will be triggered at $321.17, 20% above the pivot price of $267.64.

Loss and Pivot Area Alerts

The same concept applies for the pink shaded loss area and the blue shaded pivot area, simply right-click and set the alert.

In the image below I’ve indicated the price where each alert will be activated. For example, the alert for the loss (pink area) and the pivot (blue area) will be at the top of each colored section. The profit (green area) will be at the bottom of the section.

Profit area: $267.64 + 20% => $321.17
Loss area: $267.64 – 5% => $254.26
Pivot area: $267.64 + 5% => $281.02