With PersonalTrader you can create automatic trading strategies with mutliple conditions and timeframes. Conditions consist in techinical analysis indicators, candlestick patterns and price action. Here is a list of all the available conditions.
How to select candle/s in strategies
Target only one specific candle
Target multiple candles
Target multiple candles, excluding lasts
RSI crossed X up
It triggers when the RSI crosses X up (where X is a number at your choice between 5 and 50). This condition considers 2 candles, the selected candle RSI should be above X and the previous candle RSI should be below X. If you select “within X candles”, this condition triggers if the RSI crosses X up at least once within the selected candles.
RSI crossed X down
It triggers when the RSI crosses X down (where X is a number at your choice between 50 and 95). This condition considers 2 candles, the selected candle RSI should be below X and the previous candle RSI should be above X. If you select “within X candles”, this condition triggers if the RSI crosses X down at least once within the selected candles.
RSI is below X
It triggers when the RSI is below X (where X is a number at your choice between 5 and 50) in the selected candle. If you select “within X candles”, this condition triggers if the RSI is below X at least once within the selected candles.
RSI is above X
It triggers when the RSI is above X (where X is a number at your choice between 50 and 95) in the selected candle. If you select “within X candles”, this condition triggers if the RSI is above X at least once within the selected candles.
RSI increasing
It triggers when the RSI keep increasing (going up). This condition considers 2 candles, the selected candle RSI should be higher than the previous candle RSI. If you select “within X candles”, this condition triggers if the RSI keep increasing within all the selected candles.
RSI decreasing
It triggers when the RSI keep decreasing (going down). This condition considers 2 candles, the selected candle RSI should be lower than the previous candle RSI. If you select “within X candles”, this condition triggers if the RSI keep decreasing within all the selected candles.
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