System Builder: A very useful feature in TradePoint and RZone
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System Builder in TradePoint and RZone is a powerful feature that helps you define systems for all types of charting methods.
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Bar and candlestick charts
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Point & Figure chart
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Renko chart
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Line-break chart
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Kagi chart
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Heikin-ashi chart
Not only that, it helps you create a system for relative strength charts as well.
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Ratio chart
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P&F Relative Strength chart
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Renko Relative Strength chart
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Straddle and strangle charts
Creating systems using System Builder is extremely easy and requires no coding.
The system builder allows you to create any kind of trading system by combining indicators and patterns. The systems that you create are available on all timeframes and market segments. There is no need to create them separately for different timeframes, instruments or market segments.
You can run EOD as well as real-time scanners to filter stocks using the systems you have created.
You backtest the systems you have created in TradePoint as well as RZone. In RZone, you can also backtest conditions for EOD and Real-time data of all market segments.
Systems you create in RZone, can also be used in Buzzar. You can set alerts based on your trading strategy in Buzzar due to this.
The systems you create in TradePoint desktop software can also be used with UltraScanner. As a result, you can use the same system to run the Auto trade engine.
Systems you create in RZone, can also be made public. This will help others access the trading system you created. It's up to you whether to make the logic of the system visible to others or not.
A System Builder is an extremely useful feature in TradePoint and Zone that can be used in a variety of ways. It is perhaps the only platform that allows one to create their own trading strategies without knowing coding on all charting methods and relative strength charts.
To learn how to create systems in System Builder, please click here.
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@Definedge system builder is free with demat account or paid version?
