Strategy Monitor
Author: peps
Creation Date: 10/22/2008 5:54 AM
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peps

#1
Hello.

I wonder if it is possible to use the Strategy Monitor without having a fidelity-account. When I add a strategy it asks for an account but I dont have any and would like to test the Monitor for alerts.

/Peps
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Eugene

#2
Looks like you're using a trial of Wealth-Lab Pro 5. Here is the version for non-US customers: Wealth-Lab Developer 5.
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peps

#3
Thanks for the reply Eugene.

I have a trial version Of WL 5.1. Is there anyway to try the strategy monitor in the trial version?
Does Wealth-Lab have any feature as the radar screen in tradestation? An option were you list a number of symbols and then have the oportunity to order them after how they perform on different indicators and strategies. I think that the strategy monitor might have these function but since I can´t try it Im not sure.

Thanks
Peps
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Cone

#4
It's not clear to me if you're using WL "Pro" 5.1 with Fidelity or if you're an international customer using WL "Developer" 5.1. If the latter, then you must select "TestAccount" when setting up a Strategy.
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peps

#5
I downloaded WL "Developer" 5.1 from the link you gave me. Now the strategy monitor works, thanks. But it can´t do what I hoped it could do. I am searching for a software that have a feature like the radarscreen in tradestation. http://www.tradestation.com/images/strategy_testing/screenshots/FUT_radarscreen.gif

Thanks anyway
Erik
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Eugene

#6
If by the required functionality you mean an "oportunity to order them after how they perform on different indicators and strategies", then it's a feature of the upcoming version 5.3. Actually, the so called "Ranking" was a long-time functionality of the past versions of Wealth-Lab, but since V5 was built from scratch, its functionality is released in phases.
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mltrade2009

#7
RadarScreen in Tradestation is like a real time WL quote window with customizable fields that can be rank by clicking. For example, if you wanted to trade when two MA crossed, the MAs (or the difference) could be added to the fields in a quote window and ordered with a click of the mouse. It is a great feature. Any plans for this in WL?
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Eugene

#8
No current plans to integrate something like RadarScreen to Wealth-Lab, as far as I know. However, if Fidelity implements "custom columns" in WL5 -- a widely requested feature that existed in WL4 -- then a Strategy would become capable of adding calculated values to the fields of the Strategy Monitor. (In the first place, WL is a platform for mechanical (not discretionary) system backtesting and trading.) Please call your Fidelity rep and suggest this feature.