Conversion-of-a-multi-position-WL6-strategy

Hi Wealthlab team,

I am in the process of trying to convert from WL 6 to WL 8 but I am really struggling.

I have done all of my work to-date WL6 (i.e. for 10 years) using the WL6 editor and would like to be able to convert my WL6 codes to WL8 so that I can continue to use Wealthlab.

I have read through these posts:

https://www.wealth-lab.com/Discussion/Quick-WL6-9-to-WL7-Translation-Guide-5548
https://www.wealth-lab.com/blog/anatomy-of-a-wl7-strategy

I cannot make any sense of either of the above documents.

And watched these videos
https://www.youtube.com/playlist?list=PLcYQ6caO-N5yiSXsCqbDoAHDIdxTgFOEQ

The above videos are only useful if you can get a code to work - but I have not been able to find any WL8 codes that work.

As a starting point it would be useful if Wealthlab could publish a WL8 code that works (i.e. text that can be copied into the WL editor) that includes notation (i.e. //comments in the code) explaining what each part of the code is trying to achieve.

For example, if you could convert the example WL6 code below to WL8 I would really appreciate it. I should then be able to convert my existing WL6 strategies once I understand how the basic components of the WL8 code works.

It would be terrific if you could outline with notation (i.e. //comments) the following:

• where the buy loop starts and ends
• where the sell loop starts and ends
• how to create position priorities
• how to define indicators
• how to plot chart components and indicators


<EXAMPLE WL6 code>

CODE:
using System;
using System.Collections.Generic;
using System.Text;
using System.Drawing;
using WealthLab;
using WealthLab.Indicators;

namespace WealthLab.Strategies
{
   public class EMA8Code : WealthScript
   
      
   {
      protected override void Execute()
      {

         // Fitting paramters

         int START = 3;


         //Price EMA definitions

         //Create an EMA8
         DataSeries EMA8 = EMAModern.Series(Close, 8);


         //PLOTS

         //Price Pane
         PlotSeries(PricePane, EMA8, Color.Blue, LineStyle.Dashed, 1);

         

         for (int bar = START; bar < Bars.Count; bar++)


         {
            if (ActivePositions.Count > 0)

            {

               //Sell LOOP                                          


                     {
                        if (Close[bar] < EMA8[bar])
                        {
                           SellAtMarket(bar + 1, Position.AllPositions, "Sell");

                        }
                     }
                  
               
               //Sell LOOP   



            }



            else


            {
               //Buy loop
               {
                  if (ActivePositions.Count < 1)
                  {               
                        {//Buy if close is above EMA8   
                           if (Close[bar] > EMA8[bar])
               

                                          {BuyAtMarket(bar + 1, "Buy");
            
                                          


                  
                                 
                              
                           
                        }
                     }
                  }
            
            }
               
               //Buy loop 
               
               
            }




         }
      }
   }










}