Support Board
Date/Time: Mon, 20 Jan 2025 05:18:52 +0000
Post From: Scoring System
| [2018-05-17 21:58:12] |
| User294443 - Posts: 14 |
|
Hello Is there an ”easy” way one could create a Boolean type of scoring system based on a number of indicators? So for example: RSI(10) < 50 => 1 Mom(10) < 0 => 1 Ma(50) > Ma(200) => 1 Etc The sum is then calculated and every bar is assigned a score. A high/low score would be a tool to assess general attractiveness to trade over time (obviously given your inputs). Then one could also put different weights on the indic inputs, eg 0.5 on RSI, 0.3 on Mom and 0.2 on Ma etc. I’m new to the platform and don’t know if this would require custom programming from scratch or if there is already something in existance that could accomplish this (have done it on other platforms). Many thanks. |