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                                                   Need Simple Example of Ranking Stocks Implemented in Trading System

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swalk10
2010-04-20 11:11:01


I have worked to replicated the example in your post "Improve your trading system performance by ranking stocks" in a Trading System.
However, how the settings withing the "update a trading system" of the Ranking tab - defining a l/s ranking system work/interface
with the needed settings in the strategy tab - buy/sell - instructions are unclear.
I tried simply referencing my ranking system in the ranking tab, but that does not work without the proper reference in the buy/sell rules.
I referenced the ranking system using the buy = ranking(-----) format, which is recognized, but produces unexpected results,
and its link to the ranking tab setting is unclear.

Please explain the proper implementation.
Thanks




The trader
2010-04-20 13:34:02

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The ranking system defined in a trading system is separated from the buy/sell rules.

Here is an example:
You have a trading system with 5 maximum positions.
During the simulation, on a particular date, the application founds 10 buy signals.
Normally the trading software enters randomly five positions.
However, if you specify a long ranking system, the software will evaluate the rank of each of these signals for that date and enter the top five.
If you specify a ranking system with the following rule: "close", then the software will buy the stocks that have the highest close price.



swalk10
2010-04-20 15:20:26

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Thank you for trying to help, however, the areas you covered I had understood, but this does not answer my questions.

Can you please start from your post in "Improve your trading system performance by ranking stocks" and illustrate exact setting is buy, sell, ranking system, etc. that represent a potential trading system setting implementation.
Much appreciated!



The trader
2010-04-21 05:45:27

  1

Best Answer
The example I gave you is exactly what the "Improve your trading system performance by ranking stocks" post try to explain.

Here is the trading system example:
buy = cross(sma(20), sma(100));
sell = cross(sma(100), sma(20));
and a ranking system with "rsi(14)" as rule.

You can try to run a trading system with the ranking system and another one without the ranking system to see the changes.

Please let me know if this was helpful



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