Strategies are the heart of Tradoflow
Strategies build on top of connections to execute distinct functionalities.
Strategies categorize your incoming signals, so that Tradoflow knows how to handle them. They are bound to a specific connection and can be turned on and off. That makes it convenient to test different approaches.
* In the future we are planning to add risk management and other features to strategies. Stay tuned!
Let's create your first strategy:
- 1. Navigate to the strategy page
You will find a list with your current strategies. If you are new, this list will be empty. Follow step 2 to create your first strategy.
- 2. Click the Create Strategy-button
A form will appear for you to set up the strategy details.
- Enter a strategy name, which will be used to categorize your signals
- Select the connection on which the strategy should run
- Click the "Active"-toggle, whenever you want to activate the strategy
- Verify your entries and click the Save-button
The strategy is now ready to be used.
In the list you will see a strategy ID. Tradoflow uses it in the webhook URL to identify the exact strategy for your incoming signals. Do not share your strategy ID with anyone.
Find more infomation on how to set up alerts in the alert-section
- Pausing a strategy
If you want to pause a strategy, you can do so by clicking the Edit-button.
The form will switch into the editing mode, where you can use the "Active"-toggle to pause the strategy.
When you are ready, confirm your changes by clicking the Save-button
- Deleting a strategy
If you decide to delete a strategy, you can do so by clicking the trash can-button.
Note that deleting a strategy will also remove all associated signals.