TRBS ▼ Bearish

Streaming Alert (Scanner)

Trading Below Specialist Alert (TRBS)

Find NYSE and AMEX stocks printing below the specialist's bid in real time with Trade Ideas Streaming Alerts (Scanner). Trading below specialist is a subset of Trading Below for NYSE and AMEX stocks: a print below the specialist's bid during normal market hours.

Watch the bid and ask as they shift.

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Scan with Trading Below Specialist Alert
Stock with Trading Below Specialist

Streaming Alerts push each Trading Below Specialist alert on the print that triggers it.

How Trade Ideas finds it: by default, the trading below specialist alert appears when a print is below the specialist's bid. See Trade Ideas plans and pricing to run it live.

How the Trading Below Specialist alert works

This alert is a subset of the Trading Below alert. This alert only applies to NYSE and AMEX stocks, and they only work during normal market hours. If a print is below the NYSE specialist's bid, then we display a Trading below specialist alert.

Trading below: a print at $19.97, below the best bid of $20.00; NYSE and AMEX stocks only

Default settings

By default, the trading below specialist alert appears when a print is below the specialist's bid.

Custom settings

Trader tip

For 'Trading Below Specialist' 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.

Trading Below Specialist Alert Custom Settings

Settings

When setting an alert for 'Trading Below Specialist', you can filter these alerts based on the number of events that have occurred in a row. Note that not every event causes an alert. Look at the alert description to see how many events were in each specific alert. This filter bunches several alerts together. If several alerts occur in a row, each one will have a higher number associated with it, and each alert will be more likely to satisfy this filter.

What the alert shows you

The description column of your scan will say something like "Trading below specialist 4 times" to indicate that this alert includes 4 different prints that were lower than the best bid. If it just says "Trading below specialist" but doesn't say "times", then this alert only refers to a single print.

Trading Below Specialist Description

Key point

Add the quality column to a scan using the 'Trading Below Specialist' alert to see a consolidation of like alerts. It is a number of times for that alert the prints were lower than the best bid.

Trading Below Specialist Quality

Filters to pair with the Trading Below Specialist alert

Categories

FAQ

How do I see NYSE stocks trading below the bid?

Turn on the Trading Below Specialist alert (TRBS) in Trade Ideas Streaming Alerts. By default, the trading below specialist alert appears when a print is below the specialist's bid.

What is the Trading Below Specialist alert?

Trading below specialist is a subset of Trading Below for NYSE and AMEX stocks: a print below the specialist's bid during normal market hours.

How do I see fewer, higher-quality Trading Below Specialist alerts?

Use the optional alert-specific filter immediately to the right of the alert. A higher number tells the alerts server to show only higher-quality alerts, so fewer appear. Leave it blank to see more.

What is the opposite of the Trading Below Specialist alert?

The Trading Above Specialist alert (TRAS).

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