Simple trading algos.
Build simple, four-step buy and sell algorithms on any equity, interest rate, forex or commodity product. Back-test your ideas, run them live or auto-execute them directly to your brokerage account.
Scripted alerts are simple, four-step (buy / sell / exit long / exit short) algorithms used to trade single instruments such as individual stocks, futures or currency pairs. Because fulfillment of the algorithms leads to clear-cut buy or sell signals that require action be taken , the algos would normally be written like validation custom studies – a buy or sell signal is either triggered or it isn’t.
The difference here is that the algos employed on any leg of a scripted alert will only have a RESULT function and will simply skip the REVERSE_RESULT inverse function.
You can type your buy / sell / exit long / exit short scripts in the appropriate sections or, easier yet, you can “call the code in” from inside any editor-based or wizard-based custom study.