- ago
Hello fellow traders.

Running the awesome "Evolver" tool, it created a strategy that includes a "Stop 2% Above Volume" and I am not sure what it means.

Can anybody, please explain me how it works when "above volume"?

Thank you in advance.
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- ago
#1
Hi,

Volume is just another valid time series from the list that the Evolver just goes through. But as you suspect, such condition will not make sense.
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- ago
#2
Indeed I am analyzing in depth the strategy and there are some stopped out operations "above volume" therefore I am trying to understand what it really does
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Cone8
 ( 28.25% )
- ago
#3
The Evolver randomly tries different combinations. It will do anything the program allows. It can apply an Open, High, Low, Close, or Volume to anything that will accept a TimeSeries - like the Sell at Stop rule. You could do this too, but you just wouldn't!

For any S&P 500 stock the rule would sell immediately on the open of the next bar. Practically speaking, it just translates to "Sell at Market", which is not an issue at all.

It's possible that for some symbol with low volume, 2% of the volume would be just under the last closing price and may actually produce a reasonable stop price, but it would be totally by chance.
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- ago
#4
Good news: @Glitch just made some changes in B36 to avoid using Volume in Evolver where it does not make sense.
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