Launching Chartink Atlas

Atlas allows you to view a complete picture of the market on a single screen with auto updates. All dashboards can be customized to show information that you are most interested in, including RSI crossovers, Volume breakouts, Povit points and so on.

Features provided by atlas include:

  • Customize scan result columns, eg: Adding RSI as one of the result columns
  • Create new dashboards with custom scans/charts or tables3
  • Auto updates for premium members
  • Ability to drill down by clicking on the sector/industry or market cap names3
  • Sort scan result tables by any columns, like highest RSI, top % change, volume ..etcWe’ve created a few sample dashboards to help you monitor the markets:

* Intraday Market overview
* Volume Shockers
* Pivot points
* Daily Market overview
* Fundamental overview

Also note that you can drill down further to any of the sectors, marketcaps or indsutry by simply clicking on a bar/pie chart, eg:

We’ll soon be adding tutorials on the steps required to create your own custom scans/charts & tables for more insights on the markets.

Difference in Backtest vs Alerts history

Assuming you have a scan that use’s daily candles and you have a alert as well for this scan that runs every 5 minutes, the results that you see during market hours in the backtest and your alert history, will change, for the current day(as the candle is still being made while the markets are open).

While calculating the backtest results, the daily candles considers values until the current time(when you are viewing the scan), whereas when the alerts are sent, example at 10:05am, the daily candles contained data only until that time, so the results of the backtest graph will change thru the day in such a case. We have already added a note for the same, stating “Backtesting considers values as per completed candles of the timeframes, this may cause the results to change for the latest candle/time as its candle is being built.”

Backtesting considers the daily candles as of the current time, rather than when the alerts were actually run example at 10:05am or 12:50pm, so the results may not match with what you see in the backtest history along with your alerts history due to the above mentioned scenario.

If you want to show the same results in the backtest, you should have similar timeframes as per your alert eg: 5 minutes instead of “latest close” in the scan, this will ensure the backtest runs with the data of the 5 minutes timeframe, which will not change for completed cnadles i.e 9:15am, 9:20am and so on.. so that the backtest can then consider the close of the 5 minutes and plot the rows accordingly.

There’s no way to have this implemented in the backtest as well in the alerts, the reason being, if you view the chart for RSI on a daily timeframe for yesterday’s candle, it show’s the value as of 3:30pm, but actually the RSI on a daily candle at 9:15am for example would differ when compared with the RSI of at 10am or 11am or 3:30pm, but the charts only show yesterday’s RSI considering the daily completed candle i.e as of 3:30pm.

The same is being applicable for “close” or the “ltp” as well, which changes for a daily candle thru the day, so the results of the current completed candle can change, similar to the results that you view in the scanner at different times during the day

We have already added a note implying the same, that the current candle’s results can change(the same is true for any candletsick chart) as well, as the indicator values are as of the latest completed candle time.

Backtest is now available!

The backtesting feature enables you to validate your stock against historical data, ultimately improving the accuracy used in the scan.

How to verify the stocks in the backtest?

  • We offer a “Backtest Results” option for all scans, which is located below the scan conditions (pink button).
  • This feature enables you to view the backtest bars, where you can select a specific date and time to see how many stocks fulfilled the scan conditions at that point in time.
  • Upon clicking on the bars, you can access the stock names (SYMBOLS) and click on them to redirect to the charts.
  • Here I have attached an image below & a video tutorial on this for reference – Verify Backtest

What is the backtest history limit for different timeframes for scans?

The backtest bars are always based on the smallest time frame you choose in the scan. Below, I’ve included a list of scan timeframes with the corresponding maximum backtest period –

  • 5 minutes – 3 Weeks
  • 15 minutes – 3 months
  • 30 minutes – 7 months
  • 1 hour – 1  year & 4 months
  • Daily – 9 years.

Note – Backtest is limited to the first option only from the dropdown(Backtest history limit).

Do Backtest results keep updating/repainting?

Assuming the scan is made of different types of timeframe conditions, shown below –

  • 5-minute close greater than the previous 5-minute close
  • Latest RSI is greater than 70. For example – RSI greater than 70.

In this type of condition, You may ignore the backtest results as they may not always be accurate due to multiple time frame candles used in the scan(5-minute and daily candles). Backtest results use a higher timeframe(daily) candle that would spread for all bars within the backtest history. As long as the higher timeframe candle is incomplete, all bars in the backtest would also change/update, leading to potential inaccuracies.

In contrast, the alerts you receive for this scan are accurate and sent instantly once any stock matches all scan criteria.

Why do the Volume conditions affect my backtest results?

When using volume as a condition in the scans, it’s possible that some stocks may not immediately appear in the results when verifying with backtests. This is because the volume condition takes time to fulfil.

For example, if we have a scan with two conditions, such as a “15-minute RSI crossed above 60 and daily volume above 1 Lakh“, Let’s say the ABC stock fulfils the RSI condition at 9:30 AM, but the volume condition is not yet met at that time. Due to this, the stock ABC will not show in the backtest.

However, if ABC meets all conditions later in the day (e.g., at 11 AM), the backtest will reflect the ABC stock in the backtest at 9:30 AM. So, if you want to avoid this behavior, you can disable the volume condition.

Backtest results timing not matching alerts?

I assume you were comparing the backtest result time with the alert time. Note that the backtest will show the candle start time, whereas the alert you received is on the completed candle when a stock matches all the criteria.

To explain it in more detail, if you have a scanner for a condition such as “1-hour RSI greater than 60” and received an alert at 09:45 AM (assuming an alert time interval of 5 minutes), the backtest result will show 09:15 AM, which starts the time of the 1-hour candle. Hence the backtest always shows the start time of that candle, whereas the alert you received is on the completed candle.

How to match backtest results with alert timing?

To ensure that the backtest results match the scan results, we recommend using the same time frame candles in the scan. For example – MACD Line crossing to MACD Signal in 15 minutes

Note, If you are using a 15-minute timeframe in your scan, then you should set your alert time interval to 15 minutes as well. This will ensure that you receive alerts based on completed 15-minute candles that satisfy the scan criteria.

Stocks showing in backtest but did not get an alert for it?

Assuming the scan has different time frames like “Daily, Weekly and Monthly”, For example – NKS BEST BUY STOCKS FOR INTRADAY

The reason for the discrepancy in the backtest results is that the scan is using the weekly and monthly timeframes, and when we are running the scan between the week/month. As a result, the scan is showing results based on an incomplete weekly/monthly candle. This causes the results in the backtest to continue to repaint/updated until the weekly and monthly candle completes its formation.

Filter stocks using 1st/2nd.. or any candle in our scanner

We’ve added the ability to access any candle of the latest trading day or previous days for Intraday timeframes. Useful for scans that require to access indicator values at a given point in time.

Example offset’s to access different candles for a trading day (5 minute chart)

  • [0] 5 minute close -> refers to the latest 5 minute candle
  • [=1] 5 minute close -> refers to the days’ first 5 minute candle
  • [=3] 5 minute close -> refers to the days’ third 5 minute candle
  • [=-1] 5 minute close -> refers to the previous day’s last 5 minute candle
  • [=-75] 5 minute close -> refers to the previous day’s first 5 minute candle, considering a single day has 75, 5 minute candles

If you want to access the first candle on a 5 minute timeframe(9:15-9:19:59am), you can select your required indicator/stock attribute and then change the offset to `=1` as indicated below:

Crossover Support

Days candles also support crossover/below operations. For example, to identify a crossover at the opening candle, we can do “[0] 5 minute Close Crossed above [=1] 5 minute SuperTrend(7,3)”

Example scans

 

Desktop/Mobile (a.k.a Web) notifications

We are happy to launch Desktop & mobile notifications for Alerts; they allow you to receive alert notifications across multiple devices (mobile/desktop) that have a modern browser installed (for example, Google Chrome/Firefox).

Please follow the below simple steps to enable these notifications:

FOR DESKTOP NOTIFICATIONS

STEP 1: Visit our site, chartink.com on your desktop/laptop.

STEP 2. a: You will be prompted with a message as below; click “Allow Alerts” to proceed. If the prompt is not visible, perform the next step (step 3).

Alert notification prompt

STEP 2. b: Skip this step if you are able to see the above prompt. If not, search for the “Bell” icon at the bottom right of our site & click on it to “Subscribe” for notifications

STEP 3: Click “Allow” to enable notifications for our site:

STEP 4: Finally, visit the  demo-notification page; you should receive a desktop notification; these notifications are enabled for all your activated alerts

Sample notification

Sit back and relax, we’ll show a pop-up(alert) on your computer screen once we notice new stocks are available in your screener.

If you face any issues, kindly review our troubleshooting guide or directly reach out to us at [email protected]

FOR MOBILE NOTIFICATIONS

Follow the below video tutorial to enable web push notifications on mobile. Note web push notifications on mobile are supported only by Andriod devices

 

STEP 1:  Visit our site, chartink.com, on your mobile device.

STEP 2. a: You will be prompted with a message as below; click “Allow Alerts” to proceed.

STEP 2. b(optional): Skip this step if you are able to see the above prompt. If not, search for the “Bell” icon at the bottom right of our site & click on it to “Subscribe” for notifications.

STEP 3: Click “Allow” to enable notifications for our site

STEP 4: Finally, visit the demo-notification page; you should receive a mobile notification. These notifications are enabled for all your activated alerts

If you face any issues, kindly review our troubleshooting guide or directly reach out to us at [email protected]

Alerts Guide

Alerts is a premium feature on chartink.com that allows users to receive notifications when stocks matching their specified criteria are identified by our screeners. These notifications can be delivered via Desktop/mobile web, SMS, or email and are continuously monitored to ensure that users are promptly notified of any new matches. In this guide, we will walk you through the process of setting up and managing alerts on our platform.

CREATING & MANAGING ALERT

For any screener you want to create an alert for, click the “Create Alert” button (right beside save as). If you’re still looking for good screeners, we suggest you start with our top-loved scans, which contain a good mix of intraday/swing and short-term scans.

Alert settings :

Please find below a thorough explanation of the alert box functionality:

Alert setting box

1) Alert Name – Here, you can put a name for the particular alert. You can use the same name as well.

2) Check for alerts every – The time interval option allows you to specify how often you would like to receive alerts. Our platform allows users to configure alerts to run at various intervals, including every 1/2/3/5/10/15/20/30/60/120/240 minutes, and at market close and open.
These alerts can be set to run on a daily, weekly, or monthly basis.
For more information on the frequency of alert execution, please refer to our FAQ.

3) Minimum stocks to alert

The minimum results option can specify a minimum number of scan results that must be achieved before triggering an alert. For instance, if you set the minimum number of results to ’35’, you will receive an alert only when the scan returns at least 35 results.

4) Action – A trigger can continue an alert or be paused after it is met(alerted)

5) Notifications to be sent over – The notification method provides various options for receiving alerts. SMS, email, SMS and email, or desktop/mobile web notifications. You can select the desired method.

Notification method –

  • Desktop/Mobile, a.k.a Web notifications – You can receive alerts on Mobile and desktop devices through a web browser. These are unlimited & preferred ways to receive Alerts. Check out our guide on how to enable mobile/desktop notifications.
  • SMS & Email –Our service also includes 2000 credits (1000 SMS and 1000 email) per month. These allow you to receive alert notifications by SMS or email. To make the most of your notification credits, it is recommended that you track the notifications for the alerts you have configured.

6) Send Unique/Duplicate notifications :

Unique – This setting ensures that you will only receive one daily alert for a particular stock that meets the scan criteria.
For example, if a stock (e.g., ABC) meets the scan criteria at 9:35 AM and again at 12:20 PM on the same day, you will only receive one alert for that stock at 9:35 AM(first triggered). This can be useful for limiting the number of notifications you receive for a given stock within a single day.

Duplicate – To receive notifications for a particular stock multiple times per day, you can change the alert setting to allow for ‘duplicate’ notifications. This will ensure that you receive an alert for a given stock each time it meets the scan criteria, regardless of how many times it appears during the day.

7) Webhooks – A webhook feature to send automated messages or data to another application when a particular trigger or event occurs. When a webhook is activated, it sends an HTTP request to the URL provided by the first application. The first application can then process the request and respond as necessary, enabling the two applications to communicate and exchange data in an automated manner.

Viewing alerts –

All alerts created can be viewed on the Alerts Dashboard.

Alert Triggers/HISTORY –

A trigger lets you know when alerts for screeners have been triggered, and new stocks have been filtered. You will receive alerts via email or SMS when notifications have been sent. You can access the alert triggers page by clicking any alerts on the Alerts Dashboard.

New stocks that match the criteria of a given alert are highlighted on a corresponding day, and notifications are sent only if the alert identifies stocks that were not previously alerted.

Frequently asked questions

Kindly refer to our FAQs for alerts here.

Feel free to reach us at [email protected] for any doubts.