EasyLanguage enables you to define and create custom trading ideas expressed as signals and strategies — i.e., custom rules that produce alerts for when to buy and sell a security.
SIGNALS
are the components that make up a trading strategy and may contain one or more of the following elements:
- Market entry and exit alerts, both long and short,
with custom trade sizing
- Stop, profit target and time-based exit alerts,
both long and short
- A library of approximately 100 signals is included.
STRATEGIES
are collections of one or more signals with a global set
of properties including:
- Commission & slippage
- Default trade sizes
- Position limits
|
|
EasyLanguage Example:
The following chart shows a trading strategy using two signals. The strategy |
 |
| is to go 'short' when the fast moving average crosses below the slow moving average. When this occurs, a signal to enter a short order will be generated. The strategy also has a trailing stop. In this case, if the total position decreased by a pre-set amount, an exit signal will be generated. |
| |
 |
| A chart showing a trading strategy using two signals. |
|
