Meaning of "Group1" - Wealth Lab Forum

Meaning of "Group1"

Author: jtgraham

Creation Date: 1/22/2009 2:04 PM

Wealth Lab » WealthScript (.NET) » Meaning of "Group1"

jtgraham

1/22/2009 2:04 PM

To help in learning WealthScript, I developed a simple strategy using rules, then used View Strategy Code to generate this code:

CODE:
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I would appreciate help in understanding "Group1" and "Group1|".

Thanks in advance.

Cone

1/22/2009 2:25 PM

It's just a string used to match up entries with exits. In a case like the one above, it's superfluous and serves no real purpose.

Eugene

1/22/2009 2:42 PM

A suggestion for meaningful signal names was submitted to Fidelity.

jtgraham

1/22/2009 4:16 PM

Thanks, Cone and Eugene. Can you show me what the code would look like without the superfluous "Group1"?

Cone

1/22/2009 6:01 PM

Just remove this statement

CODE:
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Signal names are optional strings. They can be any value you like, or none at all. Like I said, the Wizard uses them to match entries and exits, which is based on how you stack them. In this case, since there's only 1 entry and exit, obviously it's not required.