Hi,
Signore Roberto has coded an excellent piece on Elder’s 3 Screen strats. Worth a study, esp it employs Multi TimeFrame capability.
https://www.prorealcode.com/topic/elder-triple-screen-strategy/
Hi write up on Multiple Strategy on a single code is gold too
https://www.prorealcode.com/topic/multiple-running-algo/
But unfortunately, many people focus too much on strategy. There are thousands of them and pretty much they work the same or similar to certain degree. The missing link , and the also the most difficult part, is actually the position management of strategy. Profit limits, stops, re-entry, multiple stops/limits, slippages controls etc, which unfortunately there are not many write up on. Stops and limits with multiple levels, limited life of the orders/stops, how to control slippages are easy to grasp but hard to code. Eg the multiple strategy in a single code . It is quite straight forward if you just want to allow 1 trade at all time. But if you want to have more than one trades in your multiple strategies, but limit only one trade per strategy, you gonna pull your hair.
Heck I try to write a simple code with multiple stops and still cannot get it to work .
https://www.prorealcode.com/topic/need-help-in-coding-simple-multiple-stops-cannot-figure-out-whats-wrong/
If you have some inputs will appreciate it.
So yes, strats are interesting, but will love to see more algo systems management write up. PRT communities are lucky there is no API to worry about, which helps to ease 25% of your headache already.
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