I want to use the quotes tool for the express purpose listed in the User Guide

QUOTE:
Price Triggers give you an automated way to place stop and limit orders at the moment they are marketable. By monitoring real-time quotes, Wealth-Lab can automatically trigger the order when ABC is trading at or near the target price

since I don't want to place all my limit orders and tie up buying power that could be used for other trades or I don't have the capital for ALL of the trades but I don't expect them all to execute.

After running the strategy, I go to the alert tabs and select all and then right-click Montior Selected Alerts in the Quotes Window which then brings up the quotes window (and tonight at least), 74 limit orders.

1) Will these order then be automatically watched and then placed?

2) Will they only get triggered when the price is at the limit or a few ticks before? It says "at or near"
above. How is this set? I don't see where I would do this.

3) Do I need to explicitly enable streaming or is this automatic once I'm logged in?

4) Is there anything else further to do? Other steps?

Thanks

1) Depends on Auto Stage preference state (User Guide > Quotes > Alerts Pane > Auto-Stage/Place).

2) Described in the User Guide > Quotes > Quotes Pane > Trigger Threshold %

3) Automatic. Uses Streaming provider selected in Wealth-Lab's Preferences.

I appreciate your sending me these answers but I'm still having some difficulty. The steps are a little unclear

The strategy produces alerts. From the alerts tab I select all., Right click to send these to the quotes window, These alerts then go to the upper pane of the quotes window. From what I am reading, I think I need them to be in the lower pane ???. Autostage only appears in the lower window.

I've set trigger threshold in the quotes window to 95% yet, the thresholds all appear to be 0 when they appear in the upper window


I'm not trying to be difficult. I really only want to place these orders with Fidelity. It would help if you could provide the steps since I am still unclear rather than just RTM

Thanks.

QUOTE:
From what I am reading, I think I need them to be in the lower pane ???.

They will be converted to Alerts and automatically reach the lower pane when (if) they hit their threshold levels. Before that they are price triggers in the upper pane.

QUOTE:
I've set trigger threshold in the quotes window to 95% yet, the thresholds all appear to be 0 when they appear in the upper window

Then they are too distant from the current prices.

These limit orders are about 1% below the close of the previous day so I'm not certain what is happening. Each threshold appears as 0.0
Threshold % in the first line of the window is set to 95%

QUOTE:
A setting slightly below 100%, say 95%, will trigger stop and limit orders just before the market actually reaches the alert price, which can help place an order in time to catch a fast-moving market or to place a short limit order early while a stock is still in an up tick.

Called Fidelity. Auto-trading has to be set up. They require a 15 minute questionaire and paper work to be signed and faxed to them. Starting the process but still working on figuring this out.