Build a trading strategy
Last updated
Last updated
On Alluvie we give you access to a platform where the only thing you need is an idea. You need to be able to write it on paper in a form of a formula. Let's have a theoretical example; imagine that you have a technical indicator and you want to derive a trading strategy from it. Let say:
Once you have these rules in mind you need to think about how to transform them into signals, meaning when do I buy or sell? The easiest way here is to say: if the technical indicator breaches level 30 and goes below 30 I buy and I will sell when the technical indicator breaches level 70 and goes beyond.
Now you are ready to create your first trading strategy on Alluvie.
Here you will have access to all your strategies and also all the strategies that Alluvie has created for its users.
The option is when a technical indicator is composed of multiple outputs such as the Bollinger Bands. In this case, you will have to choose the technical indicator and the output you want to use. Finally, the shift is here to symbolize the shift in days. If you need d-1 then you will put a shift of -1.
In the end, you should have a BUY formula as follows:
Repeat the same procedure for the SELL formula.
If you want to modify something in your strategy, click on the Modify action on the left. For example, here I modified the name of my strategy. You can also duplicate your strategy or delete it.
First, let go to the Alluvie strategy interface: here
If you click on Create New Strategy you will access a new interface:
To build your with our interface you first click on +Add Field of the BUY section, you select the technical indicator
Once you've clicked on tecthe hnical indicator you will have access to a modal window where you will be able to choose the relative strength index technical indicator:
When you click on Add Variable the variable is automatically added to the BUY formula with the name composed of the variable + day shift.
if you made a mistake in the order of your variable in the formula every element can be dragged and dropped wherever you want. If you want to modify, delete, or duplicate a variable of the formula just click on the element.
Once both your formula are written you can check if they make sense and then save your strategy by clicking on save
Don't forget to click on save before going further. Once you've saved your strategy you will find it on the main interface of the strategy builder.