Exit code location - Wealth Lab Forum

sshiggins

#1

2/4/2017 5:48 AM

Hello,

Why does WLP put Exit code after the Entry code, but you are putting the Exit code before the Entry code in example you give?

thanks,

Eugene

#2

2/4/2017 6:22 AM

Hello,

You place exit logic on top of entry rules to prevent the exit logic from being applied to positions opened on the same bar.

sshiggins

#3

2/5/2017 6:28 PM

Why does the rule generated code place the the Exit login on top then?

What happens if try to exit a position on the same bar without enabling it in preferences?

Eugene

#4

2/5/2017 6:46 PM

QUOTE:
Why does the rule generated code place the the Exit login on top then?

Because of this:
<<You place exit logic on top of entry rules to prevent the exit logic from being applied to positions opened on the same bar.>>

QUOTE:
Why does WLP put Exit code after the Entry code,

Could you be more specific?

Sorry for my error in asking the follow up question. When you create a strategy using rules, it puts the exit code after the entry code. I was asking whey it does this.

This is an example of code from a simple rules based strategy, with the exit after the entry.

CODE:
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Sorry for my error in asking the follow up question.  When you create a strategy using rules, it puts the exit code after the entry code.  I was asking whey it does this.

This is an example of code from a simple rules based strategy, with the exit after the entry.

[code]using System;
using System.Collections.Generic;
using System.Text;
using System.Drawing;
using WealthLab;
using WealthLab.Indicators;

namespace WealthLab.Strategies
{
	public class MyStrategy : WealthScript
	{
		
		protected override void Execute()
		{
			DataSeries ma = EMAModern.Series(Close, 3);
			DataSeries ma_3 = EMAModern.Series(Close, 3);
			DataSeries ma_4 = EMAModern.Series(Close, 3);
			DataSeries ma_5 = EMAModern.Series(Close, 3);

PlotStops();
			PlotSeries(PricePane,EMAModern.Series(Close,3),Color.Blue,LineStyle.Solid,2);

for(int bar = GetTradingLoopStartBar(4); bar < Bars.Count; bar++)
			{
					bool cond1 = false;
					if (TurnDown(bar, ma))
					{
						cond1 = true;
					}
					bool cond2 = false;
					if (ActivePositions.Count == 0)
					{
						if (ma_3[bar] > ma_3[bar - 1])
						{
							cond2 = true;
						}
					}
					if (cond1 || cond2)
					{
						BuyAtLimit(bar + 1, Low[bar], "Group1|Group3|");
					}
					bool cond3 = false;
					if (TurnUp(bar, ma_4))
					{
						cond3 = true;
					}
					bool cond4 = false;
					if (ActivePositions.Count == 0)
					{
						if (ma_5[bar] < ma_5[bar - 1])
						{
							cond4 = true;
						}
					}
					if (cond3 || cond4)
					{
						ShortAtLimit(bar + 1, High[bar], "Group2|Group4|");
					}
				
				for(int _pos = ActivePositions.Count - 1; _pos >= 0; _pos--)
				{
					Position p = ActivePositions[_pos];
					if (p.Active)
						{
					if (p.EntrySignal.Contains("Group1|"))
					{
						double high = p.MFEAsOfBar(bar) / p.Shares + p.EntryPrice;
						double amount = high - high * (0.01 / 100.0d);
						SellAtTrailingStop(bar + 1, p, amount, "Group1");
					}
					if (p.EntrySignal.Contains("Group2|"))
					{
						double low = p.EntryPrice - (p.MFEAsOfBar(bar) / p.Shares);
						double amount_1 = low + low * (0.01 / 100.0d);
						CoverAtTrailingStop(bar + 1, p, amount_1, "Group2");
					}
					if (p.EntrySignal.Contains("Group3|"))
					{
						double Target = p.EntryPrice * (1 + 0.02 / 100.0d);
						SellAtLimit(bar + 1, p, Target, "Group3");
					}
					if (p.EntrySignal.Contains("Group4|"))
					{
						double Target_2 = p.EntryPrice * (1 - 0.02 / 100.0d);
						CoverAtLimit(bar + 1, p, Target_2, "Group4");
					}

}
				}
			}
		}
	}
}[/code]