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Create your first strategy

A good first strategy is simple and easy to reason about. Start with a single instrument and one clear rule.

Pick an instrument​

Choose a liquid instrument you understand - for example QQQ (equities), BTC/USDT (crypto), or EUR/USD (forex). See Supported brokers for what's available.

State one entry and one exit rule​

Describe both sides of the trade in plain English:

  • Entry: when should the strategy buy?
  • Exit: when should it sell or close?

Example:

Buy AAPL when the RSI drops below 30, and sell when the RSI rises above 70.

Add risk controls​

Specify a stop-loss and take-profit so losses are bounded. See Risk management.

Backtest, then iterate​

Run a backtest, read the metrics, and refine the wording until the behaviour matches your intent.

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