Strategy Notification Alerts How-To Guide
How to receive and use Strategy Notification Alerts
To receive email alerts from any given strategy on our platform (whether you found it on our platform or created it yourself), please make sure the Following Strategies Digest option is turned on in your account.
You can find this option on your My Account page > Alerts > Notifications:
Also, we kindly ask you to add support@wallstreet.io to your whitelist, since this will help prevent our emails from being missed or landing in your spam folder.
After taking these steps, you can follow one of four methods to look for new and profitable strategies on our platform:
I. Discover tab method
After finding a Strategy Card with a strategy you’re interested in under the Discover tab, click on its red “Alert” bell icon at the top right of it.
II. Scan tab method
After finding a strategy you’re interested in under the Scan tab (by using our Filter Tool), click on the red “Alert” bell icon at the beginning of the strategy row:
III. Smart Studies tab method
Under the Smart Studies tab, click on the red “Alert” bell icon found below:
Note: If there are no custom studies under the Smart Studies Tab when you click the Alert bell, it will activate alerts for a placeholder “BuyAndHold, NeverSell” strategy which will show you the same stats as if you bought the stock years ago and never sold, with no actionable entry or exit points to replicate.
This is not an alert you want to receive if you’re looking to trade:
You can unfollow this and any other unwanted strategies under the Scan Tab, selecting “My Strategies” and “All Stocks” from the dropdown menus, and clicking on the green alert bells next to the strategies you no longer want to follow.
IV. Community widget method
Optional: If you can think of additional criteria to narrow your search, like strategies from a particular community member you already know or a particular symbol you’re looking for, click on the magnifying glass icon at the top right of the Community Widget and type the keyword on the search bar.
Strategy Notification Alert email overview
Once you turn on Alerts for a strategy:
In the Strategy Notification emails, you’ll see the "Starting", "Ending" or “Day X” signs next to each strategy. This is how you know if the Buy or Sell conditions for the mentioned strategies are being met on the day you receive the email, or if you need to hold a previously opened trade.
The email will look similar to this:
In this example above, the email shows strategy alerts for three different strategies for three different tickers (AAPL, SPY, and QQQ), the actual price of each ticker, and the rolling 24h change, in dollar amounts and percentages.
To tell your followed strategies apart from one another, we strongly encourage giving them a particular name under the Smart Studies tab. In the previous example, I've named the AAPL strategy "Byron for Apple", the SPY strategy "Aaron's Spy Money Maker", and the QQQ strategy "Byron for QQQ".
Here’s a quick recording showing how you can rename your newly followed strategy:
This nickname is only visible to you, while the strategy keeps its generic name for the rest of the community. Remember that you can also follow Short or bearish strategies, so in this case, remember to rename them accordingly to avoid any confusion or mix-ups!
How do you use the emails?
The day I received the email above (with two “Starting” strategies and one “Ending” strategy), assuming they are all Long strategies, I’d open both a Long SPY trade and a Long QQQ trade, and also close a Long AAPL trade I might’ve had open until now (being the AAPL trade triggered by a previous “Starting” signal from my “Byron for Apple” strategy).
When you click "View" next to a strategy in your Strategy Notification email, it will open a new Wallstreet.io browser tab with the strategy already loaded. From there, you can review the strategy's entry and exit conditions under the Smart Studies tab, as well as its overall performance:
This extra step works as an added confirmation layer, allowing you to review the strategy and the current market scenario before deciding to place the corresponding trade with your broker, but this isn’t really necessary if you already did your research and decided to trust the strategy process :)
Important note:
Our platform allows you to turn on alerts for as many strategies as you want, and for as many tickers as you want. Sometimes this can even mean you may receive opposed signals for the same stock, because different strategies are triggered by different conditions, and we don’t want to limit your experimentation and profit potential (hello, power users!).
We get that keeping up with different strategies at once could become overwhelming for some members though, so be mindful and use your best judgment when deciding which and how many strategies to follow. The email example below is a result of following too many strategies at once while leaving them with their generic name… not quite user-friendly or helpful to the untrained eye!
If the emails you’re receiving look long and/or confusing like the one above, please unfollow any unwanted strategies under the Scan Tab.
A deep dive into strategy statuses
The 4 stages of a strategy:
• Starting
• Day X
• Ending
• Inactive
Starting: This means that the conditions that make up the strategy are true as of today. True means they are happening.
For example, if your strategy is set to trigger a “Buy When” signal when a stock closes above the 21-day Simple Moving Average, and today the stock is finally meeting this criterion, the status will be Starting.
In other words, in the example below, if you had planned to buy AAPL shares or call options guided by this followed Long AAPL strategy, then you'd be buying on this day before the market closed because this is your signal to open a trade for it:
Day X: This could also be described as Active or Hold, and "X" can be defined as the number of days after opening your trade. This is when the conditions for the strategy are true and have been true for more than one day. If you got into a trade on the Starting Day and today you see "Day X", then you'd hold the trade.
It is important to know how many days into a strategy you are. This is why we show "Day X" instead of just saying Active.
In the example below, the notification tells me that my “Aaron’s Spy Money Maker” strategy triggered a “Starting” signal 9 days ago.
In case you only want to receive Strategy Notifications when a given strategy starts or ends and are not interested in keeping up with active strategies, you can customize what email alerts you want to receive and when through your My Account page.
Ending: This means that the conditions that make up the strategy are no longer true as of today.
For example, if your strategy is set to trigger a “Sell When” signal when a stock closes below the 21-day Simple Moving Average, and today the stock is finally below the 21-day simple moving average, the status will be Ending.
In other words, in this example below, if you had planned to sell TSLA shares or call options guided by this followed Long TSLA strategy, then you'd be selling on this day before the market closed because this is your signal to close a trade for it:
Inactive: If you don't see a strategy you know you're following appearing in the Strategy Notification email, this means that the conditions that make up the strategy are untrue today. No buying, no holding, no selling, just sitting on your hands!
It's important to note that all our backtesting data is routed to the closing price each day. The closer you buy and sell to the close, the closer you'll follow the expected strategy results.
If you wait until the next day to buy or sell, you may experience slippage because of the risk the stock may gap up or down at the open.
Also, if you're receiving a little too many Strategy Notifications and would like to narrow down a bit or start with a clean slate altogether, you're free to easily disable alerts for any Strategies you're no longer interested in through the Scan Tab.