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Simple strategy that buys from an indicator

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    Simple strategy that buys from an indicator

    Hi, I'm trying to make a simple strategy that buys and sells when an indicator I have puts up a down or up arrow on the chart. Does anyone know how I could do this? If anyone can point me in the right direction with sources to learn from I'd really appreciate that

    #2
    Hello Error336070,

    You can use the strategy builder for that type of task. The indicator needs to produce a Plot which has a value, if your indicator is just drawing arrows that likely won't be able to be used as signals in a strategy. You could modify the indicator to plot a specific value, for example 0 for no signal, -1 for sell or 1 for buy.

    You can find information about using the strategy builder in the following links:



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