Threshold
Trigger a signal when an indicator crosses a fixed level.
The Threshold block watches an indicator and triggers when it crosses a specific level you define. For example: trigger when RSI crosses above 70, or when ADX crosses below 25. It's a simpler alternative to Compare Values when you just need to check one indicator against one number.
Why It Matters
Many trading decisions come down to 'has this indicator reached this level?' Threshold makes this dead simple. It's the fastest way to turn an indicator reading into a trading signal.
Settings Explained
Source — Which indicator to monitor. Connect this to any indicator block's output.
Threshold — The numeric level to watch for. This is the trigger point.
Condition — How the source relates to the threshold. 'Crosses Above' triggers the moment the indicator moves above the level. 'Crosses Below' triggers when it drops below. The crossing itself is the trigger — not just being above or below.
Direction — Whether this applies to bullish signals, bearish signals, or both.
Example Use Case
You connect RSI to a Threshold block with the level set to 30 and condition set to 'Crosses Above.' This triggers a buy signal the moment RSI recovers from oversold territory — catching the reversal as momentum shifts bullish.
The difference between 'Crosses Above' and 'Is Above' matters. 'Crosses Above' only triggers once — at the moment of crossing. This prevents your strategy from entering multiple times while the indicator stays above the level.