Portfolio_Rotation Signal how it works ?

Remy · Postby **Remy** » 07 Sep 2021

Hello,

On this page.
https://www.multicharts.com/trading-sof ... y_Examples

Formula (PercentChange(close, 14));

I don't understand what this formula is for.
I'is not a condition, and the variable is not called in the rest of the code.

The value is set in

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pmm_set_my_named_num

But where/when i get it back ?

Thanks

Tammy MultiCharts · Postby **Tammy MultiCharts** » 17 Sep 2021

Hello Remy,

Portfolio Rotation Strategy calculates a specific indicator by using every instrument in the portfolio. Positions are opened for those instruments which have the best indicator values. The wiki article provides an example with % Change indicator used for calculation.

The Percent Change function (used for %Change indicator calculation) is specified in the Formula input.

Please note that the wiki page you are referring to offers a general explanation of how the Portfolio Money Management Signals work. To view the entire script, please open it in PowerLanguage Editor through File > Open.

Remy · Postby **Remy** » 21 Sep 2021

Enfortunately your answer is a little light to satisfy me.

Exemple

A very easy signal

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Input: Length(8);
Vars: BuyPx(0);
BuyPx = Highest(High, Length) + .02;

if Close > AVERAGEFC(close ,100) then 
	Buy ("Brk LE") next bar at BuyPx Stop;

if BarsSinceEntry > 5
	then begin
	sell  1 contracts Next bar at market;

The first on, with no portfolio system.
Every trade time is more than 1 day.

If I simply add the one signal "portfolio system",
all trades are closed on the same day

That's why I say that there is an element missing in the wiki explanations

Tammy MultiCharts · Postby **Tammy MultiCharts** » 23 Sep 2021

Hello Remy,

Your Test Signal generated a Stop order for entry and a Market order for exit according to the specified conditions:

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if Close > AVERAGEFC(close ,100) then 
	Buy ("Brk LE") next bar at BuyPx Stop;

if BarsSinceEntry > 5
	then begin
	sell  1 contracts Next bar at market;

Portfolio Rank Signal Base that you have added in the second screenshot generates an Entry at Market and a Market order for reversing the long position (SellShort):

Code: Select all

buy next bar market;
sellshort next bar market;

If both Price (Stop/Limit/Stop-Limit) and Market orders are generated on a single strategy calculation, Market orders will have greater priority. If both Exit and Reversal orders are generated, Reversals will have greater priority.

That explains why you get different results with Test Signal alone and Test Signal + Portfolio Rank Signal Base applied together.

Portfolio_Rotation Signal how it works ?

Portfolio_Rotation Signal how it works ?

Re: Portfolio_Rotation Signal how it works ?

Re: Portfolio_Rotation Signal how it works ?

Re: Portfolio_Rotation Signal how it works ?