I would like to simulate a buy-and-hold strategy using the meta strategy creator. However, in order to do this, I would need to simulate a buy and hold using a building block strategy.
How could I accomplish a buy and hold on 1 symbol using building blocks? I imagine its fairly simple, but I need some guidance to make sure I do it correctly.
How could I accomplish a buy and hold on 1 symbol using building blocks? I imagine its fairly simple, but I need some guidance to make sure I do it correctly.
Rename
After looking through the discussion forum, I found a C# strategy that can accomplish the same goal, so building blocks are not needed.
Here is the URL for the C# Code: https://wealth-lab.com/Discussion/Buy-and-Hold-SPY-doesn-t-match-the-benchmark-SPY-6802
Here is the URL for the C# Code: https://wealth-lab.com/Discussion/Buy-and-Hold-SPY-doesn-t-match-the-benchmark-SPY-6802
Just open a new BB Strategy and delete the Sell block. Voila! Buy and Hold starts with the open of the second bar, sized using Close of the first bar.
Note - for testing purposes you can select "Basis Price: Market Open next Bar" so that all 100% of Equity can be applied without risk of missing the trade due to a gap.
Note - for testing purposes you can select "Basis Price: Market Open next Bar" so that all 100% of Equity can be applied without risk of missing the trade due to a gap.
This would also do it:
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