Quantalytics, as defined by Trade Ideas is the practice of getting a feel for the current market.
Quantalitics is considered the modern practice of 'watching the tape', an act during a time when the overall trend of the market could be determined by merely looking at the stock ticker of completed trades on the exchange. Many argue this practice ended with decimalization and the existence of ECNs and dark pools.
Quantalitics takes a set of alerts within Trade Ideas and presents only the Position in Daily Range column - omitting every other column including the Symbol so that the blocks of colors representing highs (green) and lows (red) stream in real time to the trader, informing her of the market's context within which she seeks to place a trade. They can be any intraday alerts you choose or try the set up above.
Quantalitics at Trade Ideas is the practice of determining the overall market or a custom view of the market's pulse, often shown in conjunction with a trader's traditional scans, so that opportunities from a particular strategy can be made with an understanding of the larger market's prevailing trend at the time of a trade.