Strategy Builder [Cometreon]

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The Strategy Builder is an advanced indicator that allows you to create customized trading strategies directly on TradingView. With the ability to define up to five entry conditions and two exit conditions, this tool offers unprecedented flexibility in creating complex strategies.

Key Features:

• Creation of strategies with 5 entry conditions and 2 exit conditions
  
• Use of any indicator available on TradingView, including private indicators
  
• Advanced options for signal and condition management
  

Technical Details and Customizable Inputs:

1. Activate Signal: Option to activate or deactivate the Long or Short condition
   
2. Special Condition:** It's possible to activate a "Special" condition, choosing from:
   1) Precedent Signal: Searches for the condition in a previous candle. For example, entering 4 will check the condition in the fourth previous candle.
   2) Check Signal: Verifies if the condition has occurred in a certain number of candles. For example, entering 6 will check if the condition has occurred in at least one of the 6 previous candles.
   3) Multiple Signal: Checks multiple consecutive conditions. For example, with 3 the condition must occur in all 3 previous candles, unlike the "Check Signal" where a single occurrence is sufficient.
   4) Confirm Signal: Checks that the condition has not occurred previously. For example, entering 5 verifies that the condition has not been activated in any of the 5 previous candles.
   
   
3. Source Long and Short: Allows choosing the first value to create the condition, using any indicator on TradingView, including our private indicators with derived signals
   
4. Type Long and Short":** Defines the type of condition, with a wide range of intuitive options including:
   1) Cross Over Value: Source Long/Short crosses upward the second value.
   2) Cross Under Value: Source Long/Short crosses downward the second value.
   3) Greater Than: Source Long/Short is greater than the second value.
   4) Lower Than: Source Long/Short is less than the second value.
   5) Equal To: Source Long/Short is equal to the second value.
   6) Increase: Source Long/Short is greater than the previous candle.
   7) Decrease: Source Long/Short is less than the previous candle.
   8) No Change: Source Long/Short is equal to the previous candle.
   9) Change Value: Source Long/Short is different from the previous candle.
   
5. Only First: Avoids multiple or repeated signals, excluding a signal if the condition was active in the previous candle.
   
6. Type Value: Allows choosing the type of the second value:
   1) Normal: allows manually entering a value (for example, 20 or 50).
   2) Choose: allows selecting a value from another indicator, as for the first value.
   

How to Use The Indicator:

• Define entry and exit conditions using desired indicators
  
• Configure signal management options for each condition
  
• Test the created strategy directly on the chart or in combination with the Strategy Tester
  

Unlock the potential of your trading strategies with TradeLab Beta's Strategy Builder start creating customized strategies optimized for your trading goals.
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