Strat Example 3 (If One Is True)

Another example of a strategy is when a group of indicators are selected but the strategy executes the trade if just one of them is true. For example, a buy signal is created when the Bollinger Band indicator touches its lower part, or when the Commodity Channel Index indicator gets into an oversold area (i.e., -200). Rank will monitor both indicators and as soon as one is true, the trade will be executed, sparing traders immense monitoring time and ensuring that once the conditions are met the trade is executed flawlessly. This is another example on how a coded strategy can be very helpful to traders who until now performed everything manually, requiring enormous effort.