TradingAlpha Set up the trade
Add Alpha Stops from your purchased invite-only scripts. In its inputs, select the trade direction and the start date/time required by the indicator. Verify the start against the intended candle before relying on the plotted stop.
The original guide emphasizes Stage 2 trending setups. Do not assume a configuration designed for an established trend will behave the same way in a bottoming or sideways market.
Risk tolerance
The guide describes lower-risk and higher-risk explosive stop configurations. A tighter configuration allows less room before a stop is reached; a wider one tolerates larger pullbacks. Wider does not mean safer or more profitable.
Choose the settings that match the trade you are documenting and verify them in your installed version. The legacy page's promised future variations are not treated here as released features.
Date and timezone
Check the indicator's start marker against the candle you intend. The old guide makes a timezone-specific claim that has not been verified against the current invite-only script, so do not assume changing the chart's displayed timezone alone corrects the input. Verify the timestamp and the plotted starting point directly.
Alerts and execution
Use the indicator's menu to create an alert for the available stop condition. Confirm the symbol, timeframe, inputs, trigger behavior, and delivery settings. See alerts.
A plotted stop or notification is not a brokerage stop order. Configure actual orders separately in the venue where you trade. A gap, delayed alert, or different feed can affect the execution you receive.