How to use Vestinda's Strategy Builder
Watch the video walkthrough:
Vestinda's easy to use, drag and drop Strategy Builder allows you to create trading strategies with no code.
Step 1. Go into application
Once you're logged in into Vestinda app, click on Create Strategy from the left menu.
Step 2: Click on Create New Strategy button
Click on Create New Strategy from the overlay.
You must have a paid Vestinda plan in order to get access to our Strategy Builder.
You'll be prompted with an interactive onboarding tour of the builder and its features.
Step 3: Build the magic
Vestinda's strategy builder consists of indicators and operators that you can use in order to form your Entry (Buy) and Exit (Sell) conditions.
Just drag and drop them into the Conditions area to create your trading strategy.
Conditions are the heart of the Strategies.
- When the ENTRY condition evaluates to true, an Entry Order is placed.
- When the EXIT condition evaluates to true, an Exit Order is placed.
Drag & Drop indicators and operators into the Entry / Exit areas, in order to build your Strategy conditions.
You can use any of the available indicators on the left to build your strategy. Technical indicators are tools used by traders and analysts to analyze historical price data, identify trends, and make informed decisions about potential future price movements in financial markets. These indicators are based on mathematical calculations and statistical measures applied to various aspects of price and volume data. Technical analysis, which involves the use of these indicators, is a method widely used in trading, especially in the context of stocks, forex, cryptocurrencies, and commodities. Read more about technical analysis.
Also, see a full list of Available Indicators in Vestinda.
How to setup an indicator
Most indicators have a Time Interval that can range from 1 minute to 1 day. This is the bar (or candlestick) length. It is what you see on the
- Lower intervals mean more aggressive strategies.
- Strategies with bigger intervals will trade less often.
Indicators also have specific settings and parameters. Each indicators has it's own set of parameters. Make sure you read about each of the parameters, and test different setups that work best for you by modifying this settings and backtesting it.
Indicators and operators form together expressions that trigger your Buy and Sell conditions
Operators must follow math & logical rules when coupled with indicators. These are general
Order of precendece
General Operators precedence is: Logical first, then Relational, and Arithmetic at the end.
The order of precedence for Logical Operators is: logical conjunctions (AND) are performed first, and logical disjunctions (OR) are performed next.
The order of precedence for Arithmetic Operators is division/multiplication first and then addition/subtraction; working from left to right.
TIP: You can always use parentheses to change the default precedence.
Risk Management Settings
You can choose different Risk Management strategies for your trades
You can also choose how the Order will be placed on Exchange for real investing:
- either LIMIT
- or MARKET.
MARKET orders are placed at a price that increases chances of FILL based on the Order Book. Read more about this here
You have your first strategy created.
Step 4: Validate and automate
Once you're confident enough, you can start Real Trading.