When a profit target is 'armed', it's live and will fire alerts. Disarmed means the target is set but silent — useful when you're not ready to sell yet.
When a profit target is 'armed', it's live and will fire alerts. Disarmed means the target is set but silent — useful when you're not ready to sell yet.
You set a profit target of $81,000. You arm it when you've decided you're ready to lock in gains.
Armed is one of the primitives NythosX Market Alerts works with. Every instrument in your watchlist can have a target attached, and NythosX polls the live price every fifteen minutes to check whether the target has been crossed. When it has, you get an alert on email, Telegram, Discord, Slack, or your own webhook — the same alert, dispatched in parallel to every channel you've enabled.
The point of a target is to remove the decision from the moment. When you are looking at a chart, you are emotional: every pullback looks like the beginning of a crash, every green candle looks like the start of a rally. A target is a decision made by the calm version of you, that the anxious version of you has to respect.
NythosX does not execute trades. It does not connect to your exchange account. It does not ask for API keys. It watches public prices and it pings you. What you do with the alert is entirely your call.