Is Rising/Is Falling Custom Blocks 

Custom blocks are essential for optimizing the flexibility of algorithmic trading strategies in StrategyQuant X. They enable users to establish their own trading logic and rules in addition to the standard set of indicators or actions that are available on the platform.

Custom blocks can be employed to generate unique conditions, signals, or indicators that are suitable with particular trading strategies. For instance, it is possible to establish a custom block that determines whether the Relative Strength Index (RSI) remains above a predetermined threshold for a specified quantity of bars. This provides users with the ability to regulate the manner in which their strategies respond to specific market conditions over time 

Advanced logic, such as the detection of false breakouts, consecutive price movements, or customized conditions that involve multiple comparisons, can also be incorporated into custom blocks. These blocks can be configured in the Algo Wizard or utilized directly within StrategyQuant’s Builder or in the strategy template.

The isRising/isFalling custom block logic has enabled the possibility of customization.  These are more accurately parameterized than the defeault one -> You can set/optimize the duration of the rising or falling by more than 2 bars.

In this example we can see that custom block BarRange can optimize is Rising from 2 – 24 bars

There are  54 new custom blocks in total.

It is possible to modify each of the parameters that were previously mentioned.

Custom Blocks can be imported in (1)Algowizard (2)Custom blocks (3)Import