I've developed a rotation strategy that I like and want to use it to stage/place live orders. Do I need to manually calculate the size of each position to match how much I want to invest or is there a magic button to do this? The strategy starting capital doesn't really work because it has the backtest profits on the strategy open positions. I could adjust that based on the backtest profits to back into today's desired investment amount but wonder if there is a better solution.
Rename
The magic button is a Trading Preference -
It doesn't seem to be working (or maybe user error) within a MetaStrategy. When I run the Metastrategy with a single strategy (for testing purposes) and then run the strategy by itself, the strategy adjusts to the account but the metastrategy does not. I'm not sure what the Metastrategy is doing. The dummy account 4 I selected only has $50k in it. The Metastrategy is over-buying.
Yes, it's expected. For live trading, you can set up each strategy in the Strategy Monitor.
IMHO, Wealth-Lab should show a warning dialog (with option to suppress it) on using this Trading Preference in a MetaStrategy window. What do you guys think?
I think it's too extreme.
We should just add it to this rollover and the help for that preference. (I'll do it.)
We should just add it to this rollover and the help for that preference. (I'll do it.)
I am wanting to trade multiple weekly rotation strategies in a single account. Rotation strategies aren't supported in the Strategy Monitor. If I understand correctly, I need to run each rotation strategy using the backtester. However, the signals are sized on the assumption of utilizing all available funds in the account. It still seems that I will need to manually size the positions if I don't want to use 100% of the account funds.
Ah, right about Rotation Strategies in the S. Monitor. You'll have to control the allocation for the Rotation Strategy.
Method 1 - Allocation per Strategy
You can enter your allocation for Starting Capital and use the Date Range option to start the backtest 3 or 4 weeks ago. If the Strategy gained or lost a lot in the last 4 weeks, make an appropriate adjustment for Starting Capital. If following the Strategy, you won't have to make any more adjustments - don't change the Start date.
Method 2 - Allocation by % of Account Value
This would be possible in a C# Coded Rotation Strategy by accessing the brokerage Account value directly and sizing the Backtester.Orders within the script.
Method 1 - Allocation per Strategy
You can enter your allocation for Starting Capital and use the Date Range option to start the backtest 3 or 4 weeks ago. If the Strategy gained or lost a lot in the last 4 weeks, make an appropriate adjustment for Starting Capital. If following the Strategy, you won't have to make any more adjustments - don't change the Start date.
Method 2 - Allocation by % of Account Value
This would be possible in a C# Coded Rotation Strategy by accessing the brokerage Account value directly and sizing the Backtester.Orders within the script.
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