- ago
Im trying to write a block based strategy to identify a buy condition as follows:
If the previous 3 days volumes / 1.25 are > the 50 day moving average of volume where the closes are greater than the opening prices on each day:

If I then look at the results I get some that don't seem to meet the criteria.
Using Yahoo S&P 100 daily data over 12 months.

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Glitch8
 ( 10.13% )
- ago
#1
These Blocks don't represent what you wrote.

The first one for example is comparing the Close of bar N to the Open of bar N-2.

Here's how you would formulate what you wrote:
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Glitch8
 ( 10.13% )
- ago
#2
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- ago
#3
thanks @glitch
I think Wealth Labs is the best software but its complex! Its hard to understand and develop competency in how it operates not only through the 'simple' block building but then if you want to customise further and drop into C# that's beyond the realms of most.
In my simple example I needed to understand that there is an operand to apply to volume to make it a multiple of its default value. If I hadn't known to look I would be delving into C# and you needed to intervene to enable me to configure my query to be what Id intended rather than how I thought it should be done?
Support is always excellent but I'd really just like to test what's in my head and often delivering that is a challenge for reasons above.
Does the current AI trend pose an opportunity to open up your platform for those like me with limited time who just want to get my thoughts into a backtested set of results and then implement? Could I just type what I want in and it creates the block strategy or c# necessary to do the deed?
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Glitch8
 ( 10.13% )
- ago
#4
Maybe? But I can't see it happening for WL8 in the near term.

But isn't it great to have a clear, timely, and correct (which AI often is NOT) answer here on the forum? What could be better?
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