Help with Quantshare Language

Help with Quantshare Language

Yu Jie
2013-11-22 05:34:23

Hi,

I am new here and I would like to create a simple Bullish Engulfing trading strategy:

Buy at Open of tomorrow when:
- Open < Close of previous trading day and
- Close > Open of previous trading day

Sell on the 7th trading day (day at which is bought is the 1st day)

I am using the wizard.

I included 2 rules under the Buy section:
(Close) > Ref(Open,1)
(Open) < Ref(Close,1)

1 rule under the Sell section:
NbDays(5)

Would this be the correct way of doing it? Should I use the formula editor or the wizard?
Can anyone help me thanks!

QuantShare
2013-11-22 18:22:55

Hi,

You should remove the sell rule and an "N-Bar Stop" to exit after a specific number of days.

In the formula editor, the buy rule would be:
buy = close > ref(open, 1) and open < ref(close, 1);

We also have the Bullish Engulfing pattern already implemented:

buy = CdlEngulfing() > 0; // Bullish

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