I tried to use a bullish hammer in the buildingblocks. Unfortunately this does not work. The settings look like this:
There is not a single bullish hammer recognized in the SPY in 10 years, although there have been some.
Have I set something wrong?
There is not a single bullish hammer recognized in the SPY in 10 years, although there have been some.
Have I set something wrong?
Rename
I tried your strategy. It didn't generate any positions, but still generated a profit. That's strange. I'm using WL8 Build 95 will all installed extensions up-to-date.
What are the settings?
I restored to default settings - shown below. I closed WL8, re-ran it, and ran the strategy and got the same results - a profit with no positions. There are no errors in the log viewer.
Sounds like cash interest to me.
QUOTE:
Sounds like cash interest to me.
You're right. I had 'Use UST Yield' checked in backtest preferences. Unchecked it and got zero positions and no profit.
I have now also reset all the settings. As before, no hammers are detected.
Set the Long Threshold to 100%. 175% is too long and you'll find several.
With my settings, my backtest found 2 in the last 2 years. Here's one from 8/9/2023.
With my settings, my backtest found 2 in the last 2 years. Here's one from 8/9/2023.
@Cone: Thank you for the explanation. Is there a description of the function of the various thresholds somewhere?
It's done. I have now found the correct place in the help. I had previously looked in the wrong place. Thanks again for the help!
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