Hello everyone,
I've tried various approaches, but I haven't been able to solve this problem using the available building blocks:
I need to buy the stock with the highest ROC (Rate of Change) for the day from the dataset, but only if Index X also has the highest ROC for that day among a list of indices (A, B, C, etc.).
Perhaps I'm overlooking something obvious; any help would be greatly appreciated!
I've tried various approaches, but I haven't been able to solve this problem using the available building blocks:
I need to buy the stock with the highest ROC (Rate of Change) for the day from the dataset, but only if Index X also has the highest ROC for that day among a list of indices (A, B, C, etc.).
Perhaps I'm overlooking something obvious; any help would be greatly appreciated!
Rename
For a block strategy, use the Condition > Symbol Ranking by Indicator and backtest on your DataSet.
There should be a demo in the Build 88 Highlights Video: https://youtu.be/nHHd0fAsk1w
There should be a demo in the Build 88 Highlights Video: https://youtu.be/nHHd0fAsk1w
The first part is easy, buying the stock with the highest ROC for the day is accomplished by the Symbol Ranking Building Block.
But if you want to couple that with the more complicated index resolution it would need to a custom code job. We could do it as a Concierge Support job, I estimate it would take about an hour of dev time.
But if you want to couple that with the more complicated index resolution it would need to a custom code job. We could do it as a Concierge Support job, I estimate it would take about an hour of dev time.
Thank you very much, the second part is exactly my problem!
You can write me at concierge@wealth-lab.com if you want to look at one of us programming this for you.
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