Rotation/ranking examples?
Author: techtrader007
Creation Date: 11/26/2010 8:18 AM
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techtrader007

#1
Is it possible to get following building block where you can experiment myself
about rotational scripts.

For example:
Filter: only rotate if stock or index is higher than sma(bar,#close,x)
Rank for example different indicators for a whole watchlist:

Inputs:
Indicator1
Indicator2

Inputs Sort:
acending or decending

Score the values:
Sum the Ranking score so for example a list of 30 stocks

Rank indicator1 and AAPL has the highest score so it gets 30 Points
Rank indicator2 and AAPL has here the third highest score 27 Points
Sum the Points and rank again and buy the TOP 5 of this rank and rebalance weekly

Is this now possible to program in WL 6.0. And do I get any support
to get just a simple building block to improve and learn about the new programming style.
I know about the turorial, but I need for myself more examples for learning.

best regards
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Eugene

#2
As for learning, feel free to start a 30-day trial of WLD6 first. Follow this link to familiarize yourself with the changed syntax, new programming language, etc.:

I'm a Wealth-Lab 3/4 user, how to learn C# ?

Not sure what tutorial do you mean but the design pattern of a rotational system has changed. WL 6.0 now includes a couple of prepackaged rotational strategies that work much faster than before - "RSI Rotation" and "Dogs of the Dow". Additionally, various tweaks of those systems were discussed on the forums and/or published as downloadable Strategies over time. It should be no groundbreaking change to modify the default rotation code to rank according to your principles.
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