New High Ask
Table of Contents
- Understanding the New High Ask Alert
- Default Settings
- Custom Settings
- Description Column
- Quality Column
Understanding the New High Ask Alert
The "New High Ask" alert informs traders when the ask price for a particular stock reaches a new high within a specified time frame. It helps traders stay updated on rising ask prices, indicating increased demand and potential bullish sentiment in the market.
Default Settings
By default, this alert appears any time the ask price goes higher than any time today. This is reset at the same time as the highs. This alert is never reported in the 30 seconds before or 60 seconds after the open.
Custom Settings
For 'New High Ask' alerts, you have the option to use an alert specific filter. This filter is located immediately to the right of the corresponding alert and is always optional. You can decide to leave it blank if you want to receive more alerts, or you can fill it in to restrict the number of alerts you receive.
This filter allows you to specify the quality of the alert. When you set a higher number for this filter, you are telling the alerts server to display only alerts that meet a higher quality standard, resulting in fewer alerts being shown.
When setting an alert for 'New High Ask', you can specify the minimum number of shares on the ask. If a stock is showing fewer shares when the alert is reported, you will not see the alert. We do not smooth or average this value; all that matters is the value at exactly the time the alert was reported. If you leave this field blank, you will see the most alerts. Some alert types have minimums built into them. You can also set minimums for the entire window. An alert must pass through all of these filters to be displayed.
Description Column
The description column provides insight into the extent of the increase in the 'new high ask'.
Quality Column
Add the quality column to a scan using the New High Ask alert to see the exact lookback period of the alert.
Alert Info for New High Ask [NHA]
- description = New high ask
- direction = +
- keywords = Bid and Ask
- flip_code = New low bid [NLB]
- parent_code =