How 'AND' or 'OR' Logic Connector work?

How 'AND' or 'OR' Logic Connector work?

‘AND’ or ‘OR’ Logic connectors can be used when user wants to combine more than one indicators to form a single entry/exit strategy. You can connect more than one indicator with the help of an ‘AND’ or ‘OR’ connectors.

There are 2 kinds of logic blocks:

'AND'

The ‘AND’ logic block is used when, user wants to apply more than one condition and only on the fulfillment of all the conditions entry or exit event is triggered.

 

'OR'

The ‘OR’ logic block is used when, user wants to apply more than one condition and when either of the conditions gets fulfilled, entry or exit event is triggered.


To summarize:

A AND B ==> Condition A & condition B are true. 

A OR B ==> Either A or B conditions are true.

All logic blocks can also be connected to each other to create more complicated blocks.


Exit condition

Exit condition that is built with indicators, patterns, and comparators to define the point at which a position can be exited. It can comprise of one or more conditions, to generate an exit point. Users can also avail several indicators at a time for creating an exit condition.  Users can select from 60+ indicators and patterns.

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