Introduction to Tab Combination

Throughout this section of the manual we describe how to combine elementary trading algorithms in order to make a more complex and powerful logic. The combination we are talking about is within each tab of the Composer.

Introduction to Tab Combination

Combining a Tab

The already implemented elementary trading algorithms are simple. In order to make a more complex trading system you must combine them. The Composer consists of 6 tabs:

Long
Here you must specify when to enter a long position.
Short
Here you must specify when to enter a short position.
Liquidate long
Here you must specify when to liquidate a long position.
Liquidate short
Here you must specify when to liquidate a short position.
Stop loss
Here you must specify when to liquidate a position because of the stop loss triggering.
Take profit
Here you must specify when to liquidate a position because of the take profit triggering.

You can put multiple elementary algorithms in each tab. The first step is to combine all the elementary trading algorithms within each tab, without looking at the other tabs. This is what will be described in the following chapters.

Distinguish the Liquidate Tabs

For the Liquidate there are two tabs:

Liquidate long
To state the conditions for liquidating a long position.
Liquidate short
To state the conditions for liquidating a short position.

Usually it makes sense to distinguish them; however, sometimes it is useful not to. For instance if you want to liquidate whenever the market is in congestion or in high volatility, it is useless to distinguish the two. In that case, you can deselect the checkbox

  Distinguish long / short

Only one tab will be made available, valid for both long and short positions.