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Actions

Based upon the trigger settings, TriggerChart calculates an action for every stock.  The actions are clearly displayed on the portfolio tabs in the Action column as shown below:

This makes it easy to see the status of stocks you are watching as well as stocks you have already purchased.  The actions are straight forward:

  • BUY @ OPEN - place an order to buy the stock at the open tomorrow

  • BOUGHT - the stock was bought at the open today.  (Yesterday the action would have been "BUY @ OPEN")

  • HOLD - do nothing and wait for the "SELL @ OPEN" action in the future

  • SELL @ OPEN - place an order to sell the stock at the open tomorrow

  • SOLD - the stock was sold at the open today.  (Yesterday the action woudl have been "SELL @ OPEN")

  • <Blank> - do nothing and wait for a "BUY @ OPEN" action in the future

Each time stock prices are updated (either directly from TriggerChart or from TCDownload) simply tell TriggerChart to update the actions for a given stock, all stocks on a tab, or all stocks on all tabs.

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