Overview

The Manual Strategy Builder (MSB) module in FinStudio is a powerful and user-friendly tool designed to help traders create, test, and refine trading strategies without the need for coding. By using visual tools and configurable elements, the MSB enables traders to construct complex strategies with precision and ease.

Key Features and Components

1. Main Concept:

   • The MSB provides an interface for creating trading strategies visually.
     
     
   • Strategies are stored in project files (templates) and consist of declaration and algo blocks.
     
     
   • Strategies can be compiled or edited in the Code Editor.
     
     

2. Input Parameters:

   • Input parameters are configurable settings for algorithms, defined in the "Input Parameters" node.
     
     
   • Parameters include types like numbers, strings, time, and color, and are essential for strategy customization.
     
     

3. Members (Private Members):

   • Members are constant expressions or references (e.g., indicators) used in strategies.
     
     
   • They cannot be configured by the user and are defined in the "Members" node.
     
     

4. Drawings:

   • Drawings are visual elements attached to the chart, such as indicators or other graphical elements.
     
     
   • They enhance the visual representation of the strategy's performance.
     
     

5. Operand Component:

   • Operands define input values in strategies, which can be constants, indicator values, bind expressions, bar prices, or market prices.
     
     
   • They are used in various algo elements to create conditions and calculations.
     
     

6. Algo Elements:

   • Code Actions: Define specific actions within the OnBarUpdate method.
     
     
   • Conditions: Enable the creation of logical rules and filters for strategy execution.
     
     
   • Trade Actions: Manage order submissions and position exits.
     
     
   • Visual Actions: Add visual markers and outputs to the chart for better strategy analysis.
     
     

7. Use Cases:

   • Practical examples and step-by-step instructions for implementing trading strategies.
     
     
   • Include scenarios like creating conditions based on series crossings, calculating stop losses, submitting orders, and using closed bar prices.
     
     

Overall Benefits

• Ease of Use: The MSB's visual interface allows traders to create strategies without coding.
  
  
• Flexibility: A wide range of configurable elements and parameters enable the development of sophisticated and responsive strategies.
  
  
• Precision: Detailed control over strategy components ensures accurate and effective trading actions.
  
  
• Visual Clarity: Integration of visual elements enhances the understanding and analysis of strategy performance.

The Manual Strategy Builder module in FinStudio empowers traders to efficiently develop, test, and refine their trading strategies, leveraging a robust and intuitive platform to achieve better trading outcomes.