What’s the difference between basic and advanced triggers?
Using basic triggers you can create simple alerts based on attributes such as -
- Last Traded Price of all scrips (including shares, commodities, F&O etc.)
- High Price of any scrip
- Low Price of any scrip
- Open Price of any scrip
- Previous Close Price of any scrip
- Last Traded Quantity of any scrip
- Average Trade Price of any scrip
- Volume Traded of a scrip
- Total Buy
- Total Sell
- Open Interest of particular contracts on the Exchange level
- Open Interest Day High of particular contracts on the Exchange level
- Open Interest Day Low of particular contracts on the Exchange level
- Day’s change
- Day’s change %
With advanced triggers, you can combine multiple conditions to create alerts. For example, you can create a trigger if the Net volume traded for the day of Infosys is greater than that of TCS and also, the close price.
VolumeTraded('NSE:INFY')> VolumeTraded('NSE:TCS') && ClosePrice('NSE:INFY')> ClosePrice('NSE:TCS')
In this case, an alert will be triggered when both parts of the condition are satisfied because the && operator is binding the two separate conditions.
When using and (&&) operators, an alert will only be triggered if both the conditions are satisfied.
When using an OR operator, an alert will be triggered when either of the condition is satisfied.