Sapphire Strat Maker – The Easy Way to Create a Strategy – My Trades – March 4, 2024
1. Introduction
sapphire strat maker Expert advice designed to help users easily develop their trading strategies. By combining already created indicators or using custom indicators defined by the user, it is possible to create infinite strategies without coding knowledge.
Here we introduce some details and documentation about the bot.
2. How does it work?
The bot evaluates each condition at the first tick of a new candle. When a new tick is received and a bar begins to form, this candle is indexed at 0. All other candles are then indexed in numerical order from then on. Consider how to enumerate candles as follows:
You can see candle 0 starting to form. Taking this into account, generally we would like to at least get data from candle 1, but there is nothing to prevent the user from getting data from candle 0. The opening, high, low, and closing prices are all the same.
This allows you to specify rules and create strategies as you wish.
The simple moving average crossover is defined as:
Open long position – (fast at bar 1) > (Slowly from 1 measure) and (fast ma of bar 2) < (slow ma of bar 2). If the fast ma of bar 1 is above the slow ma of bar 1 but below the slow ma of bar 2, it means that it has crossed the slow moving average, which is a signal for a long position.
You can do this and set take profit and stop loss levels, stop the trade after reaching profit/loss, set breakeven conditions and improve your strategy with money management conditions.
3. Documentation
The document is attached to this post as a zip file with html files included. This provides a table with three types of information:
1 – General information. All features of Expert Advisor are described here.
2 – Indicator information. Provides information on all parameters of the built-in indicators.
3 – ENUM information. Displays the integer value for ENUM of a built-in indicator. Wherever there is an enumeration, just change it to the corresponding integer value.
