I am probably one of the few original users of this product. In fact, one of the reasons I like it so much is they were able to deliver on a custom alert I had asked them to design. The "False Gap Retracement" is worth my monthly subscription alone.
I love the new downloadable version. Much better than using a browser for separate configurations. I now use about 9 different windows. Each looking for different setups. The key filter for me is the "Relative Volume". This is REALLY important because it filters out all the low volume "noise". I don't want to see alerts on stocks that are doing normal relative. I want to see alerts of stocks doing twice their normal volume for that day only.
I have been messing around with trying to find good reversals. Say stocks that have been down at least 3 days in a row, Gapping up or down on high relative volume, and then making new highs on the day.
I could cut and paste my settings, but honestly, I have worked long and hard on these settings. They work well for me. Try our hand and making your own setting. It really is a great tool once you get the hang of asking it to show you exactly what you want.
Happy trading
Steve