HI all,
I would like to build a ranking system to score a basket of stocks (~100 NASDAQ/DOW) by some of their technical indicators. for example:
- 9RSI > 30 = 3pts
- +DM > 50 = 5pts
- EMA > x = 5 pts and so on....
And apply the above rule to the list of stocks periodically, long the top 10 scorer and short the bottom 10 and so on....is this something that can be implemented in MC? Maybe with Scanner? and I wonder how backtesting can be done?
Would be great if someone can give me some pointers.
MY
scoring a basket of stock pick [SOLVED]
- ABC
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Re: scoring a basket of stock pick [SOLVED]
Hi my2108,
this sounds like something that is best implemented within the Portfolio Trader.
https://www.multicharts.com/trading-sof ... lio_Trader
The Rank Strategy should give you an idea about how to implement your idea:
https://www.multicharts.com/trading-sof ... y_Examples
Regards,
ABC
this sounds like something that is best implemented within the Portfolio Trader.
https://www.multicharts.com/trading-sof ... lio_Trader
The Rank Strategy should give you an idea about how to implement your idea:
https://www.multicharts.com/trading-sof ... y_Examples
Regards,
ABC