The Mudrex Visual Strategy Builder is a simple drag and drop tool that lets you create relatively complex strategies without writing code.
The strategy builder gives you access to 150+ Indicators and candlestick patterns that help you customize and create millions of strategies with relative ease.
As shown below, the strategy builder has 3 key components
Users can create a strategy using a combination of individual blocks. There are two types of blocks:
Condition blocks are of various different kinds. Each condition block simply evaluates the condition mentioned and returns yes only if the condition is met. There are 4 kinds of condition blocks
A logic block helps a user combine different condition blocks to create complex strategies.
There are 2 logic blocks:
- AND block
- OR block
To use a block a user simply needs to drag and drop the block into the canvas and click on it to edit the default parameters.
To connect two blocks, a user needs to 'drag' the arrow attached to a block and drop it on the relevant block.
Once a strategy is created and saved, the user can run a 'Backtest' or deploy the strategy on 'Paper Trade' or 'Live Trade' using the control system at the bottom.