Simulation savings plan once a month

• 02/02/2024 at 9:13 AM #227290
  phoentzs

  So far I have failed to code a kind of ETF savings plan simulation. A savings plan works like this… on the 1st or last day of each month you buy a share of an ETF, for example SP500. So that means cumulative orders true. That would be the standard. But I want to know whether it is really better to only buy when the price is above a certain MA, the standard here is usually the SMA200 in Daily. And then whether it is better to sell all shares if the price slips below this SMA or to simply hold and not buy any new shares. What I’m having trouble with is that the code only buys once a month, cumulate Orders=true

  Can someone please code this simulation for me?

  

  phoentzs

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  02/08/2024 at 10:24 AM #227654
  robertogozzi

  This is the code:

  ONCE LastDay = 0 IF Month <> Month[1] THEN BUY 1 CONTRACT AT MARKET LastDay = 31 IF OpenMonth = 4 OR OpenMonth = 6 OR OpenMonth = 9 OR OpenMonth = 11 THEN LastDay = 30 ELSIF OpenMonth = 2 THEN YY = OpenYear LastDay = 28 IF YY MOD 4 = 0 THEN IF YY MOD 100 = 0 THEN IF YY MOD 400 = 0 THEN LastDay = 29 ENDIF ELSE LastDay = 29 ENDIF ENDIF ENDIF DoW = DayOfWeek - 1 FOR i = Day TO LastDay Dow = Dow + 1 IF Dow = 7 THEN Dow = 0 ENDIF NEXT IF Dow = 0 THEN LastDay = LastDay - 2 ELSIF DoW = 6 THEN LastDay = LastDay - 1 ENDIF ENDIF IF Day = LastDay THEN BUY 1 CONTRACT AT MARKET ENDIF

  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35

  ONCE LastDay = 0 IF Month <> Month[1] THEN BUY 1 CONTRACT AT MARKET LastDay = 31 IF OpenMonth = 4 OR OpenMonth = 6 OR OpenMonth = 9 OR OpenMonth = 11 THEN LastDay = 30 ELSIF OpenMonth = 2 THEN YY      = OpenYear LastDay = 28 IF YY MOD 4 = 0 THEN IF YY MOD 100 = 0 THEN IF YY MOD 400 = 0 THEN LastDay = 29 ENDIF ELSE LastDay = 29 ENDIF ENDIF ENDIF DoW = DayOfWeek - 1 FOR i = Day TO LastDay Dow = Dow + 1 IF Dow = 7 THEN Dow = 0 ENDIF NEXT IF Dow = 0 THEN LastDay = LastDay - 2 ELSIF DoW = 6 THEN LastDay = LastDay - 1 ENDIF ENDIF IF Day = LastDay THEN BUY 1 CONTRACT AT MARKET ENDIF

  you may add your conditions to the entries, apart from the day.

   

   

  

  robertogozzi

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  02/08/2024 at 11:33 AM #227660
  phoentzs

  That looks good. Thanks Roberto.

  

  phoentzs

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