- ago
I understand (perhaps wrongly) that all conditions/indicators put under an action like Buy or Sell must be true in order to trigger the action. Is it possible to use logic such as either/or so that if any one of a group of conditions is met then the action will be taken? Is it a workaround to set up multiple Buy, Short, etc., actions, each with its own condition(s), rather than trying to put all the conditions under the same action?

(This question was broken out of a longer post as recommended.)
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- ago
#1
Yes, with the help of Multi-Condition Groups you can implement fuzzy logic in trading strategies. Quoting the change log:

Wealth-Lab 7 Build: 37
Released: 11/30/2021
Build Highlights Video: https://youtu.be/ix8sAC-iu0k

Added the Multi-Condition Group Building Block, that let you build more complex Strategies that take action when some of a group of Conditions are true. The new Block also lets you iterate through a group of Conditions in an Optimization.
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Cone8
 ( 24.99% )
- ago
#2
QUOTE:
Is it a workaround to set up multiple Buy, Short, etc., actions, each with its own condition(s), rather than trying to put all the conditions under the same action?
You can do this too, but each Entry Block could create a position on the same bar - even with "Single Position" selected. (You might be able avoid that using mutually exclusive conditions for each block.)
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- ago
#3
btw, don't we have a feature request for Or divider?

Or condition with multiple condition blocks

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