Crossing within the last 5 days

Author: grtrader

Creation Date: 8/15/2014 11:48 AM

Wealth Lab » WealthScript (.NET) » Crossing within the last 5 days

grtrader

8/15/2014 11:48 AM

As a condition, i want to stipulate that the CCI has crossed -100 within the last 5 days. Is there a way to do this without writing IF and OR statements for each day? ie. bar -1, bar -2, etc. ?

Yes. In Rule-based strategies, use Multi-Condition Groups. For more details, see the Wealth-Lab User Guide > Strategy Window > Strategy Builder > MC, Multi-Condition Group.

EDIT 06/244/2020. Check out our tutorial video on Youtube:

Wealth-Lab 101: Strategy Builder Multi-Condition Groups

In code-based strategies, use Series is Above a Value or its antagonist function from our Community Indicators library depending on your condition. Example:

CODE:
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Yes. In Rule-based strategies, use Multi-Condition Groups. For more details, see the Wealth-Lab User Guide > Strategy Window > Strategy Builder > MC, Multi-Condition Group.

EDIT 06/244/2020. Check out our tutorial video on Youtube:

[b][link=https://www.youtube.com/watch?v=MdzzlmoBwqM&list=PL1A4C8092513C1561&index=8]Wealth-Lab 101: Strategy Builder Multi-Condition Groups[/link][/b]

In code-based strategies, use [link=http://www2.wealth-lab.com/WL5WIKI/SeriesIsAboveValue.ashx]Series is Above a Value[/link] or its [link=http://www2.wealth-lab.com/WL5WIKI/SeriesIsBelowValue.ashx]antagonist function[/link] from our [link=http://www.wealth-lab.com/Extensions/Details/11]Community Indicators[/link] library depending on your condition. Example:

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

namespace WealthLab.Strategies
{
	public class MyStrategy : WealthScript
	{	
		StrategyParameter _num;
		StrategyParameter _howMany;
		
		public MyStrategy()
		{
			_num = CreateParameter("Last days", 5, 1, 10, 1);
			_howMany = CreateParameter("How many", 1, 1, 10, 1);
		}
		
		protected override void Execute()
		{            
			CCI cci = CCI.Series(Bars,10);
			SeriesIsBelowValue cciDebajoMenos100 = SeriesIsBelowValue.Series( cci, -100, _num.ValueInt );
			ChartPane cp1 = CreatePane(25,true,true);
			PlotSeries(cp1,cci,Color.Blue,LineStyle.Solid,1);
			DrawHorzLine(cp1,-100,Color.Red,LineStyle.Dashed,1);
			ChartPane cp2 = CreatePane(25, true, true);
			PlotSeries(cp2, cciDebajoMenos100, Color.Blue, LineStyle.Histogram, 2);
            
			for(int bar = GetTradingLoopStartBar(10); bar < Bars.Count; bar++)
			{
				if (cciDebajoMenos100[bar] >= _howMany.ValueInt )
				{
					SetBackgroundColor(bar, Color.FromArgb(50, Color.Red));
				}
			}
		}
	}
}[/code]