ActiveTrader 2011-05 | Inverse ETF switching system
Author: Eugene
Creation Date: 4/7/2011 7:04 AM
profile picture

Eugene

#1
Code for ActiveTrader 2011-05 | Inverse ETF switching system published.

We recommend downloading it directly using the convenient "Strategy Download" feature (found in Wealth-Lab's "Open Strategy" dialog).
profile picture

thyname

#2
Eugene, I just downloaded the strategy from the Fidelity WLP Extensions and then as you instructed above. I assume I have to create a data set with the inverse ETFs to use this, correct?

Also which pre-built strategy on the library would you suggest for a breakout system?

Thanks!
profile picture

Eugene

#3
Yes, create a new DataSet with these 8 symbols (DIA DOG QQQ PSQ QLD QID SPY SH) and update it.

Note that the code is not updated for the QQQQ ticker change so you need to replace QQQQ to QQQ in the code and save/compile.
profile picture

thyname

#4
Hi Eugen, I just created the DataSet and replaced the QQQQ with QQQ in the code (I found three instances I had to do this). It worked fine and strategy did not produce any errors.

Would I chose Scale to "Daily"? Does it work on 30 min chart and scale?
profile picture

Eugene

#5
Although its AtClose exit orders do not make great sense intraday, the strategy can be run on any scale. After all, we just give you food for thought i.e. for your own experiments.