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Community.Rules

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Description

Community.Rules are a set of additional "drop-in" Strategy Builder Rules requested by Wealth-Lab customers. The attachment also includes Candestick.Rules.xml, which may augment the Candlestick.Rules included with Wealth-Lab's installation.

Download Community.Rules

You can find its zipped source code by clicking on "Attachments" on top of the page.

To download attachments, you need to log in to the Wiki with a SEPARATE Wiki account authorized by Wealth-Lab staff for this purpose! Logging in on the wealth-lab.com site is NOT enough.

Wealth-Lab customers who can't see "Attachments" - please visit Support section at wealth-lab.com.

Installation Note

Rules cannot currently be delivered via Extensions. To install the Rule set:
  1. Shutdown Wealth-Lab
  2. Download the attachment
  3. Right click the zip file, select Properties, and click the "Unblock" button (if it exists) near the bottom of the General tab.
  4. Unzip Community.Rules.xml and/or Candlestick.Rules.xml to the ..\Data\Rules subdirectory in Wealth-Lab's main installation folder. For most customers, the folder is as follows on a 32/64-bit O.S. installation:

  • C:\Program Files\MS123\Wealth-Lab Developer 6\Data\Rules
  • C:\Program Files (x86)\MS123\Wealth-Lab Developer 6\Data\Rules - for 32-bit WLD on 64-bit Windows

List of Rules

Basic exits
  • Sell at ATR based Stop Loss
  • Sell at ATR based Profit Target
  • Cover at ATR based Stop Loss
  • Cover at ATR based Profit Target
  • Sell at Stop if Price at Entry Bar is Exceeded by %
  • Sell at Stop if Price at Entry Bar is Exceeded by ATR
  • Sell at Stop if Price Declines by $ Value from Entry Bar
  • Cover at Stop if Price at Entry Bar is Exceeded by %
  • Cover at Stop if Price at Entry Bar is Exceeded by ATR
  • Cover at Stop if Price Declines by $ Value from Entry Bar
  • Sell at Limit of Entry Bar's Range %
  • Cover at Limit of Entry Bar's Range %

General Indicators
  • Indicator is above (below) a value for n consecutive bars
  • Indicator is above (below) Indicator for n consecutive bars
  • Indicator increases (decreases) a number of bars within period
  • Indicator is X% above (below) its value a number of bars ago
  • Smoothed Indicator crosses above (below) Value

External Symbol
  • External Symbol Price is above (below) its Moving Average
  • External Symbol Price crosses above (below) its Moving Average
  • External Symbol Price increases (decreases) a consecutive number of bars
  • External Symbol Moving Average increases (decreases) a consecutive number of bars
  • External Symbol makes a new high (low) within period
  • External Symbol Moving Average crosses above (below) a level
  • External Symbol Moving Average is above (below) a level
  • External Symbol Moving Average is trending up (down)
  • External Symbol Fast Moving Average crosses above (below) Slow Moving Average
  • External Symbol Fast Moving Average is above (below) Slow Moving Average
  • External Symbol Price is higher (lower) by X% than it was a number of bars ago

Price (or Volume) Action
  • Gap up (full)
  • Gap down (full)
  • Price <= Lowest Price in prior period
  • Price >= Highest Price in prior period
  • Price is higher (lower) by X% than it was a number of bars ago
  • Price is higher (lower) by $ than it was a number of bars ago
  • Price increases (decreases) a number of bars within period
  • Turnover is above (below) a value
  • Price crosses above (below) a Tradable Trendline

Position-Based
  • Intraday Rule: One entry per day
  • Active Position is profitable
  • Active Position is unprofitable
  • Active Position is older than a number of bars
  • Active Position is not older than a number of bars
  • Price is higher (lower) by X% than it was at Current Position's Entry Bar

Date/Time
  • Intraday Rule: Time is later (earlier) than HHmm
  • Intraday Rule: Is Last Bar of Day
  • Intraday Rule: Is Not Last Bar of Day

Trailing Stops
  • ATR based Trailing Stop (Exit Long)
  • ATR based Trailing Stop (Exit Short)
  • Buy at point based Trailing Stop
  • Short at point based Trailing Stop

General Fundamentals
  • Price per Fundamental Item is Above (Below) a Value
  • Price by Fundamental Item is Above (Below) a Value

OBV (On-Balance Volume)
  • OBVM crosses above (below) Signal Line

Previous Revision (2020/09/30)

Fix:
  • "Price is lower by X% than it was at Current Position's Entry Bar" was broken

Latest Revision (2020/11/06)

New Condition Set: Norgate Historical
  • Exit for Delisted Symbols
  • Prevent Alerts for Delisted Symbols
  • Symbol is Index Constituent on Next Bar
  • Symbol is Index Constituent

Important Disclaimer: The information provided by Wealth-Lab is strictly for informational purposes and is not to be construed as advice or solicitation to buy or sell any security.  The owner of Wealth-Lab.com assumes no liability resulting from the use of the material contained herein for investment purposes. By using this web site, you agree to the terms of this disclaimer and our Terms of Use.


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