rule analyzer requirements - Trading Software

rule analyzer requirements

felik
2010-05-24 08:14:52

there shud be analyzer mode for analyzing wat occred first after a buy signal was generated by the rule a 5 % stop loss or 5% profit over n no of days
2)In addition of buy option like buy at open etc there shud also be an option of buy price $xyz(i.e. the exact price it can also be like buy at yesterdays low/high/open / close and buy aboveyesterdays a high/ close/open/low
3) cdl pattern back testing is also desirable
4) Draw backsand profits shud also be made avalble in 1/2/3/4 etc% other then 10/20 etc % (its helpfl in short term trading)

QuantShare
2010-05-24 08:28:48

The simulator (Analysis -> Simulator) allows you to:

- Test any strategy with any stop rule
- Buy at a custom price (select "using limit order" and then type your price. Example: close * 1.01, to buy when the close price is higher 1% than the signal bar's close price)
- Use any candlestick pattern rule

what do you mean by "Draw backsand profits" ?

felik
2010-05-24 09:02:18

draw backs = stop loss and profit is equal to target/profit

QuantShare
2010-05-24 09:56:18

Best Answer

You can set any value you want for stops, even value based on a rule. Example: Atr() - Average true range

Get more messages

No more messages

Back


Trading Items The 2 Percent Rule Transform any order into a limit order selectively based on a tra... Market Rule based on the Crossover Between Stock Close prices and... Average Performance of a trading rule during that past N days State Change Pattern in a Trading Rule	How-to Lessons How to detect whether price movements are predictable or not How to create a trading system How to remove a chart pane's margins How to display two stocks on the same chart How to display notes/commentaries on a chart
Related Forum Threads Rule Analyzer Entry and Exit in Rule manager analyzer Save Rules Analyzer Output Why Would the Ranking Analyzer Results Differ Here? Request: Example of Custom Metrics addition into Rules Analyzer	Blog Posts Introduction to the trading rules analyzer Example of advanced rule Quantitative Analysis: Price Channels How to Pick the Best Trend Indicators How to get buy and sell orders for a portfolio based on a trading...