Price is X% higher than a particular intraday bar

Author: jedi2wlp

Creation Date: 8/21/2017 5:45 AM

Wealth Lab » WealthScript (.NET) » Price is X% higher than a particular intraday bar

jedi2wlp

8/21/2017 5:45 AM

I was wondering if I could get some help with tweaking a pre-built rule. There's a rule that says "Price is higher by X% than it was a number of bars ago". Does anybody know an easy way to tweak the code so that the % is based on a particular intraday bar?

For example, rule = price is 0.5% higher than the 10:45 am bar.

Any help is greatly appreciated.

Eugene

8/21/2017 6:42 AM

The rule does not lend itself to be "tweaked" easily. So this example should do it:

CODE:
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The rule does not lend itself to be "tweaked" easily. So this example should do it:

[code]using System;
using System.Collections.Generic;
using System.Text;
using System.Drawing;
using WealthLab;
using WealthLab.Indicators;

namespace WealthLab.Strategies
{
	public class MyStrategy : WealthScript
	{
		private StrategyParameter paramH;
		private StrategyParameter paramM;
		private StrategyParameter paramPct;
		
		public MyStrategy()
		{
			paramH = CreateParameter("Hour",10,9,15,1);
			paramM = CreateParameter("Minute",45,0,59,1);
			paramPct = CreateParameter("X %",0.5,0.5,10,0.5);
		}
		
		protected override void Execute()
		{
			if( !Bars.IsIntraday )
			{
				DrawLabel(PricePane,"Requires intraday data");
				Abort();
			}
			
			var h = paramH.ValueInt;
			var m = paramM.ValueInt;
			var xHigher = paramPct.Value;

for(int bar = GetTradingLoopStartBar(1); bar < Bars.Count; bar++)
			{
				var b = Bars.Date[bar];
				var i = DateTimeToBar(new DateTime(b.Year,b.Month,b.Day,h,m,0), false);
				
				if (IsLastPositionActive)
				{
					Position p = LastPosition;
					if( Bars.IsLastBarOfDay(bar) )
					{
						if (bar == Bars.Count - 1)
							ExitAtMarket(bar+1, p, "EOD Alert");
						else
							ExitAtClose(bar, p, "EOD");
					}
				}
				else
				{	
					if( i > -1 )
					{
						var price = Close[i];
						if( bar == i )
							AnnotateBar(price.ToString(),i,false,Color.Blue);
						
						if( bar > i )
							if( b.Date == Date[bar].Date)
								if( !Bars.IsLastBarOfDay(bar) )
									if (Close[bar] > price * (1 + xHigher / 100d))
									{
										BuyAtMarket(bar + 1, i.ToString());
									}
					}
				}
			}
		}
	}
}[/code]