Learn the block builder basics

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The engine revolves around four fundamental block types, each serving a distinct purpose in the strategy-building process:

1. Data Watchers

Data Watchers are the foundation of your strategy, allowing you to monitor and analyse specific markets. Users can specify the markets they’re observing, including details such as currency pairs and time intervals. This block type provides the essential market data needed to inform your trading decisions.

Find Data Watchers in the Block Library

2. Indicator Blocks

Indicator Blocks introduce a wide array of technical indicators, ranging from simple moving averages to complex calculations. Users can incorporate these indicators into their strategies to gain deeper insights into market trends and potential entry or exit points.

Find Indicator Blocks in the Block Library

3. Maths Blocks

Maths Blocks offer a set of mathematical operations to compare and create conditions based on the output from Data Watchers and Indicator Blocks. These blocks enable users to define precise conditions for triggering trades, such as setting thresholds for buying or selling.

Find Math Blocks in the Block Library

4. Action Blocks

Action Blocks serve as the triggers for buy and sell orders based on the conditions set by Data Watchers, Indicator Blocks, and Maths Blocks. Users can define specific actions to be taken when their strategy conditions are met, automatically sending orders to their chosen exchange.

Find Action Blocks in the Block Library

By understanding these four main block types, users can leverage the full potential of the Block Builder Blueprint Engine to construct strategies aligned with their trading goals and preferences. The subsequent sections of this guide will delve into each block type, providing detailed insights into their functionalities and how they can be effectively utilised in strategy development.