Understanding the group block
A strategy created with a single indicator is fine, but with several it’s even better! This block lets you create a condition that combines different indicator blocks. This means you can now create more sophisticated conditions to fine-tune your entry or exit signals.
How do I configure it?
The configuration of a group block is extremely simple compared to that of an indicator block. In fact, there’s just one parameter to choose from, representing the way in which the various blocks are to be combined.
ATTENTION: the indicator blocks must be connected to the point represented by the two interlocking blue circles. The white dots are here to draw the robot’s path.
AND
When using the AND option, to validate this block, it will be necessary to have all linked indicators validated for the trading robot to move on to the next block.
TIP: it’s obvious that when using the AND option, if you use the CrossOvers parameter on more than one of the combined indicator blocks, you’ll drastically reduce the number of trades you take.
OR
The OR option validates the block when ONE or MORE of the combined indicator blocks are checked. So, if we assume a block combining 5 indicators, the block will be validated if one indicator is validated, but also if two or more indicators are validated at the same time.
XOR
The XOR option validates the block when only ONE indicator is validated. It is similar to the OR option, but if 2 indicator blocks are validated at the same time, the group block will not be validated.
