Quantreex Documentation

Logic expressions with indicators and values

Logical expressions with indicators and values can be created using logical operators such >, >=, <, <=, and =. They are used to compare indicator levels, values, and price levels.

In this example Commodity Channel Index (CCI) is compared against a level along while checking the presence of a green candlestick (Close > Open):

Rule:

  • CCI 20 greater than 100 value (delimited by the green region).

  • OHLC Close greater than Open (corresponds to green candlesticks in the delimited region).

Legend:

  • CCI 20 Blue line

Image 0 Source: Dukascopy

The equivalent logic using the Strategy Designer can be defined as follows:

Image 0