Wealthlab questions

B

bidask

I am thinking of purchasing Wealthlab (outside North America) and I have a few questions.

1) How do I connect Wealthlab to eSignal and IB?

2) Can Wealthlab code this easily?

If current number of contracts = 2, then buy 3 contracts on next trade. It's actually pretty difficult to do this in Tradestation.
 
Quote from bidask:

1) How do I connect Wealthlab to eSignal and IB?
More...

ESignal remains one of the default choices for a datafeed already coded into Wealth-Lab Developer. You can obtain a real-time adapter for IB through this web site.

Quote from bidask:

2) Can Wealthlab code this easily?

If current number of contracts = 2, then buy 3 contracts on next trade. It's actually pretty difficult to do this in Tradestation.
More...

A number of ways exist allowing someone to code the above logic.

- Spydertrader
 
Quote from bidask:

does wealth lab have year by year performance analysis? i'm playing with the 30 day trial version.
More...

Run the simulator, it's one of the tabs, you can choose to see stats on a daily, weekly, monthly, quarterly, or yearly basis.

SSB
 
i only have daily, weekly, and monthly and i don't seem to be getting any performance stats. can you tell me what's wrong?

Folder: Advanced Concepts
Chartscript: Thermostat

Clicked begin

Under the performance tab, I have a bunch of 0 values and no trades.
 
can someone please modify the wealthlab code below so that it does

buy 1 contract at highest(high,30) on stop;
sell 1 contract at lowest(low,30) on stop;

Code: 
var Bar: integer;

for Bar := 20 to BarCount - 1 do
begin
  if not LastPositionActive then
{ Entry Rules }
  begin

  end
  else
{ Exit Rules }
  begin

  end;
end;

thanks.
 
I assume you're after a reversal system, then the following will do the trick:

Code: 
var Bar: integer;
var bp, sp: float;

for Bar := 20 to BarCount - 1 do
begin
  if MarketPosition <= 0 then
  begin
      bp := Highest(Bar, #High, 30);
      CoverAtStop(Bar+1, bp, LastPosition, 'SX');
      BuyAtStop(Bar+1, bp, 'LE');
  end
  else
  begin
      sp := Lowest(Bar, #Low, 30);
      SellAtStop(Bar+1, sp, LastPosition, 'LX');
      ShortAtStop(Bar+1, sp, 'SE');
  end
end;

I think if you need help with WL programming, you'd get better response at the WL forum. There are a couple of guys there who almost provide complete code before you finish posting for coding help.

By the way, have you looked at other alternatives to WLD such as OpenQuant and RightEdgeSystems?



Quote from bidask:

can someone please modify the wealthlab code below so that it does

buy 1 contract at highest(high,30) on stop;
sell 1 contract at lowest(low,30) on stop;

Code: 
var Bar: integer;

for Bar := 20 to BarCount - 1 do
begin
  if not LastPositionActive then
{ Entry Rules }
  begin

  end
  else
{ Exit Rules }
  begin

  end;
end;

thanks.
More...
 
i haven't looked at those. do you recommend them? how much do they cost?

wealthlab is really slow compared to tradestation on my comp. is it slow on yours?
 
after a couple of days of testing, i determined that wealthlab is not usable because it's so slow. it takes a few minutes to run even the simplest scripts. if anyone knows why it's so slow, please post.
 
There are some things you can do to speed up scripts but it's been a while since I've used WLD. I am wondering why you don't post you questions on the WealthLab site, that's where the party is. Here we are all old geezers who have long since converted our algo's to assembly language. :)
 
You must log in or register to reply here.
Back
Top