Crow Trader
Trading |
"to engage in frequent buying and selling of (as stocks or commodities) usually in search of quick profits
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Creation of trading signals
We divide trading signals into long (buy) and short (sell) formulas. Each formula is written in a simple but powerful scripting language. A buy signal is issued when the buy formula is true and the short formula is false. A sell signal is issued when the sell formula is true and the buy formula is false.
You can specify only the long formula (the short formula will be true when the long formula is false) only the short formula (the long formula will be true when the short formula is false) or both (the formulas will be evaluated independently).
Formulas are composed of one or more technical indicator lines. Functions can be applied to modify the value of the indicator lines (e.g. the EMA function takes the exponential moving average of a line, given an averaging period: EMA(LINE, PERIOD)). Operators are the glue which binds the functions/lines together (e.g. "CLOSE > 5" or "CLOSE <= EMA(CLOSE, 10)").
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