Signals

Signals are the core of any strategy. They return a True when all of the conditions described inside the signal are met. You can also configure a signal to return True if only some conditions are met, or specifically 3 out of any 5 conditions, etc. Anything is possible within a signal with built-in no-code builder and a freestyle code window.  

 There are four main sections to the Signal builder to be familiar with: 

 

 

 Menu of items that can be included into signal logic 

 

 Applies Studies includes all of SC studies applied to the chartbook OP study is attached to. 

 Bar Values allows to reference OHLC of any chart bar. 0 = current, -1 = prior, -2 =  one before prior, etc. Example: Value of two bars ago Close: 

 

 Trade History allows to reference current trade items placed by the strategy using this signal (fill bar index, entry price, target/stop information. This is useful to create order exit or modification signals.  

 Helper Variables more on this in it’s own section, but allows to use SC Aliases and Persistent Variables inside trade signals 

 Signals allows to reference other signals. Useful to create multiple simpler signals and then combine them into one instead of creating a very complex single signal that is difficult to track 

 Order Components allows sampling current order components for trade modification signal creation and other needs.  

 

 

 Included Variables that have been selected to take part in the current signal.  

 

 Green rows are static and can be used for their designated task in Condition Builder (below). 

 White rows are studies and components the user selected to be part of the signal from menu 1). Example: Two bars ago close value added to Included Variables 

 

 

 No-code Condition Builder allows users to double-click through variables, brackets, and comparative operators on the right to create entry signals. Example: 2 bars ago close is greater than 3 bars ago close: 

 Resulting Signal Logic code. This is a freestyle C++ window that can (and should) be populated by condition builder above to avoid mistakes, but allows user to create any signal code they want, provided it follows C++ language rules.Example: If current time is greater or equal to 3:45PM, trigger the signal: