finantic.Eval
Contains three components: 1. The Eval indicator for complex indicator expressions. 2. a collection of new building blocks that allow complex expressions. 3. a new tool called FxComposer for composing expressions.
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finantic.Eval

The finantic.Eval extension contains several components:

  • The Eval indicator that accepts indicator expressions with arbitrary complexity
  • A collection of new building blocks: FxBlocks that allow complex price calculations and conditions.
  • A new tool called FxComposer that allows to compose expressions for the Eval indicator and FxBlocks.

Eval indicator

This Indicator accepts an indicator expression of unlimited complexity and calculates the values for such a complex expression.

Example: Indicator of Indicator

Imgine you need an indicator of an indicator like a doubly smoothed version of TR (True Range). You could code:

    TR tr = new TR(bars);
    EMA ema1 = new EMA(tr, 5);
    indi1 = new EMA(ema1, 5);

or with the Eval indicator:

    indi2 = new Eval(bars, "EMA(EMA(TR(bars), 5), 5)");

The Eval indicator is also helpful to calculate the various transformations of price series and indictors suggested by Indicator Profiler and Indicator Selection.

FxBlocks

A collection of Building Blocks that accept expressions of arbitrary complexity for prices and conditions. There is an optimizable version of each Block:

  • FxBuy and FxBuyOpt: Enter long position
  • FxShort and FxShortOpt: Enter short position
  • FxSell and FxSellOpt: Exit long position
  • FxCover and FxCoverOpt: Exit short position
  • FxCondition and FxConditinOpt: Condition Block

These blocks support all available order types (examples: Limit on Open, StopLimit, and so on).

FxComposer

The creation of the required expressions is simplified by a new tool: FxComposer. This tool allows to compose expressions for the Eval indicator or the FxBlocks. FxComposer lets you choose tokens from various lists and compose an expression with these tokens.

Screenshots

Eval Indicators
The finantic.Eval extension contains the indicators "Eval" and "EvalOpt" that can be found in the Eval section of WL's indicators.
Arbitrary Complexity
These indicators accept an indicator expression with arbitrary complexity.
EvalOpt Indicator
The EvalOpt indicator is optimizable.
New Building Blocks: FxBlocks
The finantic.Eval extension contains a collection of new building blocks for entries, exits and conditions.
Entry and Exit Blocks
These blocks allow all available order types (examples: Limit on Open, StopLimit) and allow arbitrary expressions for conditions, limit prices and/or stop prices.
Optimizable Blocks
All blocks come with an optimizable version.
FxComposer
The FxComposer lets you choose tokens from various lists and compose an expression with these tokens.

Change Log

Wealth-Lab 8 Build 5 - 10/14/2024
  • Added a collection of new building blocks: FxBuy, FxShort, FxSell, FxCover, FxCondition and their optimizable counterparts.
  • FxComposer tool lets you compose expressions for the Eval Indicator and FxBlocks.
Wealth-Lab 8 Build 4 - 7/23/2024
  • Can now handle expressions like Close-SMA() with no spaces around the minus.
  • Fixed a problem with complex expressions like "Close-MP(TR(Bars),100, 75)*0.7".
Wealth-Lab 8 Build 3 - 7/13/2024
  • Performance improvements, no noticeable difference between Eval() and raw indicators.
  • New Indicator EvalOpt: optimizable Eval indicator.
Wealth-Lab 8 Build 2 - 2/24/2024
  • Complete expressions with addition, subtraction, multiplication and division.
  • Internal functions: Max, Min, Abs, Sqrt, Pow, Exp and Log.
Wealth-Lab 8 Build 1 - 2/11/2024
  • Initial release.

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