Decision Recipes

Evaluating Underlying Symbol Indicator Properties

Evaluating underlying symbol indicator properties allows you to make decisions based on an indicator’s properties for an underlying symbol. Here is how to use it.
Evaluating Underlying Symbol Indicator Properties
Steve Henry
May 3, 2021

The decision recipe for evaluating an underlying symbol’s indicator properties has five inputs:

  • Symbol
  • Days
  • Indicator
  • Above / below
  • Value

This decision recipe allows you to make decisions based on an indicator’s properties for an underlying symbol.

Screenshot displaying the decision recipe for evaluating underlying symbol indicator properties

Enter a symbol and select “Next.” The second and third fields prompt you to choose a technical indicator with a defined lookback period. You can choose from a list of indicators.

Screenshot of the decision recipe's dropdown menu criteria

The fourth field prompts you to choose if the indicator is above or below the fifth field, where you manually input a value. When you have finished creating the recipe, select “Save.”

Screenshot highlighting the save button following the decision recipe inputs

NOTE: You can also create a custom input, which allows you to input the field later to make the decision recipe dynamic across all automations.

The decision will be added to the list of criteria. You have the option to add more decisions to the recipe or return to the automation editor. When finished, select “Save” again to return to the automation editor.

Screenshot highlighting the save button to return to the automation editor

The automation editor will display your completed decision criteria for evaluating an underlying symbol’s indicator properties.

Screenshot highlighting the decision recipe within the automation editor

You can always select the decision inside the automation editor and make changes to the criteria.

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Comparing Multiple Underlying Symbol Indicator Properties
Comparing multiple underlying symbol indicator properties allows you to make decisions by comparing indicator property values for multiple underlying symbols. Here is how to use it.
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