Join Now or Login or connect with

Trading Software Trading objects Features Blog Search

Buy Indicator

by bug man, 374 days ago
Share |

The buy indicator tells you whether to buy the current security or not based on an indicator previous performance.

For each bar, this indicator will calculate the performance of another indicator for the past bars. It will simulate a buy and sell after n-bars when the provided indicator gives a signal.

Example: let us say we are in bar number 1200. We provide the buy indicator with the following indicator: rsi(14) > 70, with 20 as holding period and 500 as lookback period.
The buy indicator will now calculate, for the bar number 1200 minus 500 (800) to bar number 1200 minus 20 (1180), the performance of a strategy that buys the current symbol when rsi(14) > 70 and sells it after 20 bars.
This strategy return or performance will be used as the buy indicator value for the bar number 1200. We repeat then the above steps for the following bars.
The buy indicator will tells you whether a specific indicator is profitable or not and allows you to create dynamic trading rules that generate signals based on other indicators signals and their profitability over time.

Graph Interpretation: if the buy indicator rise over time then it means that the tested indicator is becoming more profitable, while a decrease in the buy indicator value means that the indicator is becoming less profitable.
When the buy indicator value is zero, it means that the tested indicator didn't generate any signal during the lookback period or that its average performance is zero.


Share This ->
Share |


You have to log in to bookmark this object
What is this?
Additional Information





Related Trading Objects



Country
Page 1
Wilder Volatility Index - Average True ..
by Brian Brown, uploaded one month ago
No notes

Rate an item Rate an item Rate an item Rate an item Rate an item Number of downloads 4 Notes Report an item
Wilder Volatility Index - Average True ..
by Brian Brown, uploaded one month ago
No notes

Rate an item Rate an item Rate an item Rate an item Rate an item Number of downloads 1 Notes Report an item
Geometric Moving Average Indicator
by Brian Brown, uploaded one month ago
No notes

Rate an item Rate an item Rate an item Rate an item Rate an item Number of downloads 0 Notes Report an item
Number of reviews
Click to add a review
Average rate
Click to rate this item
Number of times this object was downloaded
Number of rates the current object received
Report an object
if you can't run it for example or if it contains errors
Click to report this object






Market
Page 1
Fibonacci Trading Indicator - Support a..
by QuantShare, uploaded today
No notes

Rate an item Rate an item Rate an item Rate an item Rate an item Number of downloads 0 Notes Report an item
Fibonacci Trading with the Retracement ..
by QuantShare, uploaded yesterday
No notes

Rate an item Rate an item Rate an item Rate an item Rate an item Number of downloads 0 Notes Report an item
Williams AD - Accumulation Distribution..
by QuantShare, uploaded one week ago
No notes

Rate an item Rate an item Rate an item Rate an item Rate an item Number of downloads 1 Notes Report an item
Number of reviews
Click to add a review
Average rate
Click to rate this item
Number of times this object was downloaded
Number of rates the current object received
Report an object
if you can't run it for example or if it contains errors
Click to report this object






Style
Page 1
Fibonacci Trading Indicator - Support a..
by QuantShare, uploaded today
No notes

Rate an item Rate an item Rate an item Rate an item Rate an item Number of downloads 0 Notes Report an item
Fibonacci Trading with the Retracement ..
by QuantShare, uploaded yesterday
No notes

Rate an item Rate an item Rate an item Rate an item Rate an item Number of downloads 0 Notes Report an item
Williams AD - Accumulation Distribution..
by QuantShare, uploaded one week ago
No notes

Rate an item Rate an item Rate an item Rate an item Rate an item Number of downloads 1 Notes Report an item
Number of reviews
Click to add a review
Average rate
Click to rate this item
Number of times this object was downloaded
Number of rates the current object received
Report an object
if you can't run it for example or if it contains errors
Click to report this object






Reviews
You must log in first

Join now
and get instant access for free to the trading software, the Sharing server and the Social network website.
Click here


Related objects
Show All
Yahoo EOD historical quotes (by QuantShare, uploaded several months ago)
No notes

Rate an item Rate an item Rate an item Rate an item Rate an item Number of downloads 417 Notes Report an item
Ticker Symbols List of the National Stock Exchange, NSE, India (by QuantShare, uploaded several months ago)
No notes

Rate an item Rate an item Rate an item Rate an item Rate an item Number of downloads 368 Notes Report an item
NSE Stock Quotes (by QuantShare, uploaded several months ago)
No notes

Rate an item Rate an item Rate an item Rate an item Rate an item Number of downloads 356 Notes Report an item
Simple pattern detection rules using close and open prices (by bug man, uploaded several months ago)
No notes

Rate an item Rate an item Rate an item Rate an item Rate an item Number of downloads 39 Notes Report an item
BSE historical data (by Tom Huggens, uploaded several months ago)
No notes

Rate an item Rate an item Rate an item Rate an item Rate an item Number of downloads 175 Notes Report an item
BSE Stock Exchange (by Tom Huggens, uploaded several months ago)
No notes

Rate an item Rate an item Rate an item Rate an item Rate an item Number of downloads 174 Notes Report an item
Indicator -> Moving average -> Rate of change -> Trading rule (by bug man, uploaded several months ago)
No notes

Rate an item Rate an item Rate an item Rate an item Rate an item Number of downloads 26 Notes Report an item
Number of reviews
Click to add a review
Average rate
Click to rate this item
Number of times this object was downloaded
Number of rates the current object received
Report an object
if you can't run it for example or if it contains errors
Click to report this object

Technical Analysis


Fundamental Analysis


Random Objects

  0 0 0 - List of Optionable Stocks for the US Market
  4 0 4 - Major News - Stocks trading on US Markets
  1 0 0 - Standard Error Bands
 14 1 0 - Economic Calendar
  5 0 0 - Relative Momentum Index
  2 0 0 - Money Stock Measures M1 and M2 - Money Supply
  6 0 0 - Futures, Forex and Indices Symbols
 12 0 5 - ASX Historical data
  1 0 0 - Ratio of stocks trading above their moving average plus one standard deviation to...
  4 0 0 - Dave's New System - DNS
More trading objects...


Recent Posts

Pivot Tables in QuantShare Trading Software
Posted 9 days ago

How to create market indicators using the composite function - Part 1
Posted 17 days ago

Optimize a trading strategy using the Sharpe ratio
Posted 24 days ago

How to create a trading indicator that uses stock news
Posted 31 days ago

How to create your own technical analysis indicators
Posted 38 days ago

Show All

Number of reviews
Click to add a review
Average rate
Click to rate this item
Number of times this object was downloaded
Number of rates the current object received
Report an object
if you can't run it for example or if it contains errors
Click to report this object


contactus
About | Privacy | Terms of Use | Manual
Copyright © 2010 QUANTSHARE.COM