Using Watchlists
Master the Watchlist feature to organize and monitor your favorite stock pairs for pairs trading.
🚀 Quick Start Guide
1Create a new watchlist with a descriptive name
2Select your watchlist to manage it
3Add stock pairs using the dropdown menus
4Monitor and organize your pairs for trading
1
Understanding Watchlists
Watchlists are powerful organizational tools that help you track and manage stock pairs for pairs trading strategies.
📊 What Are Watchlists?
- • Organized Collections: Group related stock pairs together
- • Trading Focus: Focus on specific sectors, strategies, or market conditions
- • Quick Access: Easy access to your favorite pairs for analysis
- • Strategy Development: Test and refine your pairs trading approach
🎯 Use Cases:
- • Sector Watchlists: Technology, Healthcare, Financial stocks
- • Strategy Watchlists: Mean reversion, Momentum, Arbitrage pairs
- • Risk Level Watchlists: Conservative, Moderate, Aggressive pairs
- • Market Condition Watchlists: Bull market, Bear market, Sideways pairs
2
Creating Your First Watchlist
Start by creating a new watchlist with a descriptive name that reflects your trading strategy or focus area.
📝 Creation Steps:
- 1. Go to the Watchlists page in your application
- 2. Look for the "Your Watchlists" section on the left panel
- 3. Enter a descriptive name in the "New watchlist name" input field
- 4. Click the "Create" button to add your watchlist
💡 Naming Best Practices:
- • Be Descriptive: "Tech Sector Pairs" instead of "List 1"
- • Include Strategy: "Mean Reversion Pairs" or "Momentum Pairs"
- • Add Timeframe: "Daily Trading Pairs" or "Long-term Pairs"
- • Use Abbreviations: "Tech Pairs" or "Fin Pairs" for brevity
3
Managing Your Watchlists
Learn how to select, organize, and delete watchlists to keep your trading organized and efficient.
🔍 Selecting Watchlists:
- • Click on a watchlist in the left panel to select it
- • Selected watchlist will be highlighted with a border
- • Right panel will show the watchlist details and pairs
- • Pair count is displayed below each watchlist name
🗑️ Deleting Watchlists:
- • Trash icon appears on the right side of each watchlist
- • Click the trash icon to delete the entire watchlist
- • Confirmation: Watchlist and all pairs will be permanently removed
- • Safety: No confirmation dialog - deletion is immediate
4
Adding Stock Pairs
Once you have a watchlist selected, you can add stock pairs to monitor and analyze.
➕ Adding Pairs:
- 1. Select your watchlist from the left panel
- 2. Use the "Stock A" dropdown to select the first stock
- 3. Use the "Stock B" dropdown to select the second stock
- 4. Click "Add Pair" to add to your watchlist
📋 Pair Management:
- • Pair Display: Pairs are shown in the right panel with stock symbols
- • Remove Pairs: Click the trash icon next to any pair to remove it
- • Pair Count: Total number of pairs is shown below watchlist name
- • Quick Access: Click on any pair to analyze it in other tools
5
Integration with Trading Tools
Your watchlists integrate seamlessly with other trading tools to streamline your analysis workflow.
🔧 Tool Integration:
- • Pair Analyzer: Analyze any pair from your watchlist
- • Scanner: Use watchlists as scanning targets
- • Backtest: Test strategies on watchlist pairs
- • Quick Analysis: Click pairs to jump to analysis tools
🔄 Workflow Benefits:
- • Organized Analysis: Focus on specific pairs or strategies
- • Quick Scanning: Scan entire watchlists for opportunities
- • Strategy Testing: Backtest on curated pair collections
- • Efficient Trading: Reduce time spent searching for pairs
💡 Best Practices & Tips
🎯 Organization Strategy:
- • Keep watchlists focused and specific
- • Use descriptive names for easy identification
- • Limit pairs per watchlist (10-20 max)
- • Review and clean up watchlists regularly
⚡ Efficiency Tips:
- • Use watchlists for different timeframes
- • Create sector-specific watchlists
- • Integrate with your scanning workflow
- • Update watchlists based on market conditions
🔄 Maintenance:
- • Remove underperforming pairs
- • Add new promising pairs regularly
- • Archive old watchlists instead of deleting
- • Document your watchlist strategy
🎯 What's Next?
Now that you understand how to use Watchlists, organize your trading pairs and integrate them with your analysis workflow.