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Blox
Blox encapsulate trading ideas. Blox are self-contained parts of a trading system that are designed to be connected with other Blox as part of a System.
The basic components of a trading idea are:
| • | Parameters - used by the indicators to determine their specific computation, for example: the number of days in a moving average |
| • | Indicators - used by the rules as indicators of market conditions, moving averages, RSI, ADX, etc. |
| • | Rules - used to determine when to enter or exit; how much to buy or sell, or how much risk is too much, buy on moving average crossover, buy if RSI > 55 etc. |
A Trading Block encapsulates these trading idea components into a package which can be easily connected to other Blox.
Trading Blox:
Trading Blox Builder includes the following Blox:
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Entry
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responsible for creating entry orders
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Exit
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responsible for creating orders to exit existing positions
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Portfolio Manager
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used to filter the instruments available to the system
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Money Manager
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used to set the size of a trade for position sizing
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Risk Manager
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used for filtering entry trades based on risk thresholds, adjusting stops, and reducing or exiting positions if necessary to reduce overall portfolio risk
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Auxiliary
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used to create custom indicators and statistics
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