- ago
I like to run intraday strategies that hardly ever open a trade after 10:30 AM and will close the trade by 3:00 PM (usually way earlier). So, given that, is there a way to have the Strategy Evolver evolve strategies that respect the time of day? I suppose I could have a building block strategy that respects time of day and use it in an evolver slot, but I'm not sure that is the right thing to do.

Thanks, Paul
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Glitch8
 ( 10.62% )
- ago
#1
A BB Strategy in an Evolver slot wouldn't work for a couple of reasons, first that Block doesn't have a supporting Gene, and second the other random Strategies would soon overwhelm it any way.

The only way this could work I think would be an enhancement to offer such a filter in preferences or maybe in the Evolver toolbar. I'll mark this as a FeatureRequest.
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ww58
- ago
#2
Is implementation planned in the near future?
0
- ago
#3
Features are considered for implementation when they raise to the top of the wishlist:

https://www.wealth-lab.com/wishlist
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Glitch8
 ( 10.62% )
- ago
#4
Since this one is rising close to the top I've been considering it.

Rather than make something that specifically limits Evolver Strategies to place trades within a specific window, I'm thinking of a more generalized solution.

My idea is to allow you to specify some Condition Blocks that will get injected into every Evolver Strategy. You could then drop two Conditions using the TimeOfDay indicator to achieve the desired results.

If you like the idea vote for it to push it further to the top.
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Glitch8
 ( 10.62% )
- ago
#5
Just started development of this request, this will open up so much more control the Evolver Strategies!
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ww58
- ago
#6
Thanks for implementing this feature, but I don't understand how to use it to find complete intraday strategies. Now we can add conditions for entry, but not for exit, which is necessary for all trades to close before market close. I think we need the same tabs as we have now for Exits blocks too. So we can add an Exit block and the condition Bar of Day is equal to Next-to-Last for example.
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Glitch8
 ( 10.62% )
- ago
#7
We can add tabs for Sell and Cover.

But if the issue is you want to always exit on the last bar of the day, we'll need a different approach. We'll need a way to inject that exit block with the corresponding rule. Probably needs to be a new option, so maybe the Sell/Cover tabs won't really be needed.

Let me give it some thought.
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Glitch8
 ( 10.62% )
- ago
#8
This should complete the request. You'll drop a Sell at Market Exit Block in this new tab, and then use a Condition like this one from PowerPack to exit at the last bar of the trading day.

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arflouro828
 ( 4.53% )
- ago
#9
Is it possible for the evolver to vary the exit and entry conditions? Like evolving for exiting at 1- 15 n or trailing stop from 5-15 and use evolver to develop strategies within those block parameters? Before putting these blocks I. The evolver did that on it's own.
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