Cone8
 ( 4.98% )
- ago
A goal:
Minimize the number of blocks but expand their breadth with indicator options.

Especially needed: rules for intraday support.
https://www2.wealth-lab.com/WL5WIKI/CommunityRules.ashx

Exits
- % Trailing stop - add "Trailing" parameter like ATR does?
- $ based Stop Loss, Profit Target - already implemented

Conditions
- Position Profit % (is greater/less than a Value, with Across Portfolio? option)
- Patterns: Gap up/down etc. - already possible via Indicator % above/below Indicator Block
- Exit at stop if "Price falls below entry bar"
- Signal Bar (e.g. Stop Loss below signal bar's Low price)

Date Rules
- Day is [or is after] a day of week
- Day is last trading day of month [quarter] (Complete! use Indicator TradingDaysLeft, TradingDaysSince)

Intraday Rules
- Time Filter - (time >= HHmm && time <= HHmm)
- Is Last Bar of Day
- Is Not Last Bar of Day

Peak/Trough
- Peak/Trough rules TBD

Qualifiers
- Limit to N Entries per day (with Across Portfolio? option)
To be paired with Entries only to limit number or trades on the same calendar day. Default 1.

- Indicator as additional qualifier to be able to make second derivative indicators and smooth indicators.
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Glitch8
 ( 10.62% )
- ago
#1
I'm thinking these should go into the PowerPack as not to overload the basic set of Building Blocks.
0
- ago
#2
Sure thing.
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Glitch8
 ( 10.62% )
- ago
#3
OK starting work on this for Build 18. Let's get ready for some more Blocks!
0
- ago
#4
PowerPack build 8 with the new conditions is released:
https://www.wealth-lab.com/extension/detail/PowerPack#changeLog
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