Mark Holstius Elite    Posts: 744 Joined: 10/11/2012 Location: Sleepy Hollow, IL  User Profile | Thanks, Geoff - I hope these posts to "show what's available" are taken right. Yes, it takes a little time & tweaking at this point - but a lot of that might be automated shortly, and I hadn't really looked at what was possible via the Strategy Lab until this week. Kinda "blew it off" and really should've investigated it more... Anyway - I discovered some powerful things are possible with this tool, was surprised by the results - and just wanted to share what I'd found. AFAIK - Ed's planning on adding the ability to not just stop entering trades when a condition triggers it (say an X day MA falls below a Y day MA), but to exit any open trades in that strategy the next morning at whatever the current price is. ("Hard Sell"). The "Hard Buy" (AFAIK) is more difficult in that when the condition signals a return to the market, any trades that would've been in force in the strategy had you not stopped trading could then be entered (at the price the next morning) and carried to their normal exit rules. My understanding is that the default would be the current "just stop buying when the signal is triggered and resume new trades when it allows" - but that the "hard" exit and entry rules will be an option. Maybe one will be helpful and the other not. Won't know until we try... pretty interesting concept and capability though. Hope that makes sense - it's not something that's ever been done (AFAIK), and should be really interesting... Mark | |
