instrument compared to the market

Stef · Mon, 26 Sep 2016 12:32:44 +0000

Hi All, I need some help please… I’m trying to write a strategy that will open positions on stocks, only if the market as a whole (I use the SA Cash 40 instrument; top 40 South Africa stocks) is trending up (above its 200 day moving average). So, apart from my normal buy/sell conditions, I want to add a filter to only buy if SACash40(Close)>Average[200](SACash40Close). I’ve tried adding a ‘compared security’ indicator, but this cannot be accessed in ProBuilder. I know there is something called EquityFrame, but this is only available in ProScreener. Any idea how to do this? Thanks Stef

This topic has 2 replies, 2 voices, and was last updated 8 years ago by Stef.

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09/26/2016 at 1:32 PM #13746

Stef

Hi All,

I need some help please…

I’m trying to write a strategy that will open positions on stocks, only if the market as a whole (I use the SA Cash 40 instrument; top 40 South Africa stocks) is trending up (above its 200 day moving average).

So, apart from my normal buy/sell conditions, I want to add a filter to only buy if SACash40(Close)>Average[200](SACash40Close).

I’ve tried adding a ‘compared security’ indicator, but this cannot be accessed in ProBuilder.

I know there is something called EquityFrame, but this is only available in ProScreener.

Any idea how to do this?

Thanks

Stef

Stef
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09/26/2016 at 3:41 PM #13755

Nicolas

Multi instrument in ProOrder is still not available sorry. It will come soon or later to us. It is a must have!

Nicolas
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09/26/2016 at 4:01 PM #13757

Stef

It is a must have yes. Thanks!

Stef
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