Buy/Sell order types w/Simulator

Buy/Sell order types w/Simulator

Russ
2010-09-19 20:43:10

Greetings everyone, I have just recently downloaded and starting learning the QuantShare software and am glad to join this community. I have previously used and am still using Fidelity's Wealth Lab software to backtest trading strategies.

Wealth Lab uses a single C# code editor that runs the entire backtesting process (buy/sell signals, money managment, ranking systems, ect) and moving over to QuantShare has seemed a little fragmented. I will likely have many questions in the future but try to limit them to one at a time :)

I have a basic understanding of computer programming languages and have been working with the formula editor in QuantShare's simulator. My first problem has been trying to find a way to create two different sell signals, one that uses a Sell on Close market order and another one that uses a limit order.

Thus, is there a way to program this into the formula editor or another method to use these two sell signals simutaneously???

1) Sell at Close if Close[bar] < 50 day simple moving average
2) Sell at Limit of Highest Value of last 250 days

Thanks for any help!

Russ

QuantShare
2010-09-20 06:14:56

Best Answer

Welcome to our community Russ.

There are several ways to perform this. You can for example specify a common sell rule for both signals and then update the order type using the "OnClosePosition" event of the money management script.

Here is a script that changes a (default) limit order (You should specify the limit order in the order settings: Sell using limit order at the price of hhv(250))

string symbol = Functions.GetPositionDetails().Symbol;
MMParser parser1 = Data.ParseFormula("a = close < sma(50);");
TimeSeries a = parser1.GetTimeSeries(symbol, "a");
if(a[0] == 1)
{
Functions.UpdateOrder(Orders.CloseMarketOrder());
}

Get more messages

No more messages

Back


Trading Items Transform any order into a limit order selectively based on a tra... Money Management System to Split Order Into Smaller Pieces Analyst Rating (Yahoo Historical Buy/Sell Recommendations) Percentage of Bars a Trading rule Generates Buy/Sell Signals Yahoo Historical Buy/Sell Recommendations	How-to Lessons How to set order type of a trading system programmatically How to generate buy/sell signals from a trading system How to quickly add a ticker symbol How to get trading orders from a portfolio programmatically How to get stocks for a particular index using the global script
Related Forum Threads Multiple Sell Order Types in a single system Order types Late portfolio buy/sell signals OnNewPosition and Timestamps and Order ID Chart Tab order	Blog Posts Synchronize Buy/Sell List of Rules in the Trading System Optimize... Different Types of Trading Indicators: Trend, Momentum, Volatilit... Different periodicities and chart bar types in QuantShare Trading... 4 indicators to create adaptive trading systems Working with the formula editor