This is a trading item or a component that was created using QuantShare by one of our members.
This item can be downloaded and used by QuantShare Trading Software.
Trading items are of different types. There are data downloaders, trading indicators, trading systems, watchlists, composites/indices...
You can use this item and hundreds of others for free by downloading QuantShare.
Top Reasons Why You Should Use QuantShare:
Works with US and international markets (stock, forex, options, futures, ETF...)
Offers you the tools that will help you become a profitable trader
Allows you to implement any trading ideas
Exchange items and ideas with other QuantShare users
Our support team is very responsive and will answer any of your questions
We will implement any features you suggest
Very low price and much more features than the majority of other trading software
This is a variation of the Buy Indicator. The indicator contains an additional parameter that lets you define a minimum number of trades threshold.
The Buy Indicator performs for each bar a simulation or backtest and returns the average return/performance of the strategy defined in the rule and N-Bar stop parameters. For each bar, it returns the performance of a strategy that consists of buying the current security when the rule passes and exiting it after a given number of bars (N-Bar Stop).
The new parameter instructs the indicator to return a value only if the number of trades generated by the simulation (that is performed inside the function) is higher or equal to the number of trades threshold. Otherwise, the indicator returns an NAN value (Not a number).
- We define a strategy that consists of buying the stock if its close price is higher that the open price and then exiting it after 5 bars
- The strategy is executed on each bar and for the last 250 bars (Approximately one year).
- The indicator returns the strategy average return on bars on which the simulation generated at least 10 trades.
- A bullish signal is generated (rule1 is True or equal to one) if the trading strategy average return is positive (or higher than 0%).
Trading financial instruments, including foreign exchange on margin, carries a high level of risk and is not suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in financial instruments or foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading and seek advice from an independent financial advisor if you have any doubts.
