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Yes, I've written indicators that give voice alerts. These are simple wave files of recorded speech. Actually that is not true, they are computer based text to speech using a british female voice that is then converted to a wave file and I call the wavefile with from the alert function directly or the playsound.
If you are talking about computer based speech generated at the time of the alert for perhaps a dynamically changing message, I'm pretty sure that can be done and hopefully @jmont1 will chime in as I think he has done some work along those lines.
Be yourself; everyone else is already taken. Oscar Wilde
The idea is to have a "trading buddy", which is connected to your trading strategy's, help to also monitor the trade perhaps remind you why you are in this trade etc.
Perhaps connected to your trading rules, so telling you if you are complying
I've built it into many of my indicators. Following is sample code:
I also use SendMail via a @twittermail address, that allows me to receive realtime tweets in a separate twitter account (and a separate client on my screen) alerting me to some conditions that an indicator criteria has been met.
Trading: 6C (Low Margin,) 6E, CL, GC, ES and Maybe DX for smaller tick value
Posts: 1,394 since May 2011
Thanks Given: 1,719
Thanks Received: 1,019
@harry737, The info above is basically what I would have recommended. The important part is to state the chart info, i.e... " + BarsPeriod.Value.ToString()+ " in both the speech and the alert that you should also post to your alert panel.
Be sure to follow the instructions to add speech to your system:
Open any indicator including this one in the Tools, edit Ninja script, indicator and right click anywhere in editor, select References, click Add button, point it to location for Speech.dll that is usually in Program Files\Reference Assemblies\Microsoft\Framework\v3.0\System.Speech.dll
All that said, this does not appear to be quite the Trading Buddy you are looking for. You can get it to "Say" for individual alert conditions as they happen. But you want them to do a full strategy check when you are contemplating an entry/exit.
I'm also interested in how that could occur. So far my best alternative is to use Strategy Wizard to build the logic. Then run it in a window for the Sim account. When it triggers the entry, I look to see if I agree and want to enter. Unfortunately this means I am very likely missing the penultimate moment of best entry.
Another alternative I have thought about would be to have certain information posted on the screen with Yes or No for conditions met so far. Sort of like a check list.
And the last would be to have these conditions in a run on demand indi that would check all conditions and speech each one as it runs through them. But it is likely the speech would run together. Maybe the answer is a combination of the check list and a run on demand check list review with speech for Yes to all or speech out unmet condition.
Please post and let us know if you find a good alternative.
@Beljevina, really like this SendMail via a @twittermail address. Are you doing this simply by adding that address NinjaTrader's "Mail Alert Messages" in the options? Format: [email protected]? Please provide more detail. Thank you.
Yes thanks for your indepth reply, its just an idea or a picture of a setup, to combat the difficulties of being an intraday trader. To make the whole day dynamic,interacting with your strategy's and rules. Market conditions, I think can be done graphically, ie measuring volatility liquidity, perhaps a reminder of daily figures to come. So rather than analyzing trades at the end of the day, you are being checked by your own trading rules and strategy during your trading day.
To be honest, its just an idea , all my strategy's are on CQG which are arrow alerts, just kicking it around how possible it would be.
Not a bad start indicator with a voice alert,.
The advantage would be the sometimes irrational behavior, caused by what ever reasons, me generally being a twit, doing random stuff you should nt be doing, would be hopefully apparent as its happening.
Think awareness would be improved.
So does it help having voice alerts
Trading: 6C (Low Margin,) 6E, CL, GC, ES and Maybe DX for smaller tick value
Posts: 1,394 since May 2011
Thanks Given: 1,719
Thanks Received: 1,019
@harry737,voice alerts are primarily valuable to me because I have a day job and cannot fully focus on the markets. So a voice alert brings my attention to a possible set up.
Unfortunately, pretty much all of my indicators are individual without contingencies from multiple inputs forming a coherent strategy. So when a double top is spoken, I still need to see if that is a high, above or below certain MAs, a resistance level, time of day, etc...
So it would be great if there were an on-screen checklist to view when a speech is said. Something like:
Above xxx MA Yes - Long only ATR > x Yes - OK to trade
RSI > xx No - so No trades now
ADX - etc...
As mentioned, using the strategy wizard does allow you to tie these all into multiple indicator situations, but the primary alert in the wizard is taking a Sim trade. With coding ingenuity you could take the wizard generated strategy and modify it to perform alert/speech instead of an entry or exit. But I have not pursued this yet. First I need a back tested strategy that is worth going through that effort.
So currently my single speech indicators are like my Mom calling me downstairs at 6pm. Just because it is supper time, doesn't mean dinner is ready. She may have just realized I didn't do my homework yet or worse, want me to wash the pots. -- Must be getting tired to be so off topic.
Would love to hear from anyone whom may create any of these complex situation alerts.
