Weak-stock rotation - Wealth Lab Forum

Weak-stock rotation

Author: dankimel

Creation Date: 3/19/2010 7:48 PM

Wealth Lab » Trading Strategies » Weak-stock rotation

dankimel

3/19/2010 7:48 PM

I'm very interested in the stock rotation approach and applied this new script to the Dow 30 as suggested.

I have set the number of positions n = 4 and set a 25% Equity sizing. The results give me multiple positions in the same stock at the same time. Aren't the n = 4 positions all supposed to be in different stocks?

Am I doing something wrong?

Eugene

3/20/2010 2:00 AM

Please look for the answer in the Wealth-Lab Wiki FAQ > Strategies in general and WealthScript-related questions > "A Rotation strategy isn't working like it should."

P.S. Every published Strategy has its own discussion forum, so it's always a good idea to use them to ask questions regarding a specific strategy - like "Weak stock rotation".

When you have a question regarding a published Strategy that you saw and/or downloaded, open "Public strategies", note the "Discussions" column and the link saying something like "0 Topics", and use it to discuss the Strategy.

dankimel

4/21/2010 9:43 PM

I tried to change the stock rotation criterion from ROC to basically a one-bar slope of the SMA.

Now the code produces no rotation at all. Here is the part of the code I changed:

CODE:
Please log in to see this code.

I changed the first and last lines. See any mistakes?

PS, I tried to post this under Discussions of Public Strategies but was unsuccessful.

Eugene

4/22/2010 4:00 AM

QUOTE:
I changed the first and last lines. See any mistakes?

The whole point was lost with the SMADiff series defined at the beginning vs the commented line. Should be:

CODE:
Please log in to see this code.

Furthermore, it's answered in the Wealth-Lab 5 Wiki FAQ: I need other rotation rule other than the built-in RSI.
Also, look up SetContext/RestoreContext in the QuickRef to understand why was it important to place it there.