Building a ProOrder System on a ProScreener
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- This topic has 6 replies, 3 voices, and was last updated 3 years ago by GraHal.
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06/06/2020 at 8:26 PM #134925
I didn’t find anything about this… i was thinking: it’s possible to build an automatic trading system based on a screener?
For example: i have a screener that search and select stocks with a certain level of a selected value (volatility, volume or whatever); then the automatic system takes a stock from the screener (on a time basis of my choice) and executes the strategy on it.
06/06/2020 at 9:36 PM #134929All screeners can be the base for a trading system.
They are made to highlight instruments that meet conditions meant to be profitable.
Basically you just need to make conditions used by the keyword SCREENER enter a trade, then set TP and SL.
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06/06/2020 at 10:08 PM #13493206/06/2020 at 10:20 PM #134933You may sslect the 2-3 most performing assets returned by the screener and backtest them.
Or you may backtest it on your preferred assets. If it performs good keep it, otherwise put it in the trash bin.
06/06/2020 at 11:25 PM #134938I was referring to a trading system that select the asset by itself: he runs the screener, he select the most or one of the most reliable asset based on the screener results, and then backtest the strategy on it. But also if it would be possible, the system MUST be runned on a specific assett, so the “automatic selection” phase is impossible!?
I guess it’s still far away with nowadays prt’s possibilities 🙁06/07/2020 at 5:43 AM #134941PRT does not allow multi instruments in coding.
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06/07/2020 at 10:35 AM #134970I was referring to a trading system that select the asset by itself: he runs the screener, he select the most or one of the most reliable asset based on the screener results, and then backtest the strategy on it
It’s not possible to have a screener then for the screener to turn itself into a backtester.
It’s not possible for a backtester to be a screener first then turn back into a backtester.
You could suggest it to PRT on the Form below …
https://www.prorealtime.com/en/contact?suggestion=1
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