Wealth Lab Algorithmic Trading Starter Kit

Description

Certain software can start running immediately after installing it. When it comes to Wealth-Lab, the story is slightly different. If you’ve never heard of Wealth-Lab before and are not a pro at programming, the odds are that you’ll start it, then close it in frustration after having to use it for more than just a few minutes.

Module 1 and the Algo Starter included in the Starter Kit are created to give you an experience of what it would be like to utilize Wealth Lab at 150% of its potential.

After you have completed Module I, you will have an in-depth knowledge of the following:

• Installing Wealth-Lab.
• Feedback on Trial and Pro Version Periods.
• Downloading extensions.
• Get market information to US, Forex and other markets.
• Wealth-Lab overview.
• Window main, Optimization options Combination strategies.
• Running some demo tests.
• Set up commissions and slippage.
• Setting up and installing Visual Studio.
• Implementing custom-designed charts and styles for community use.
• Doing projects in Visual Studio.
• Overview of Custom Options.
• Management of money and test date control systems are run through.
• Strategy from the overview of rules.
• Options are charting.
• In addition, you can change chart styles.

Wealth-Lab is complex enough even without Coding, and it can be quite challenging to navigate through all the different windows and tabs before you reach the strategy design.

After this course, you’ll be confident enough to work the program without learning code. It could be used as an effective charting tool and can be a valuable aid for the basic analysis of technology. Additionally, the course dives through the basic Visual Studio setup necessary for Module II.

When you’ve completed Module I, you’ll be comfortable enough to continue coding by taking Module, which will be Coding for traders that are all about Coding but built around the trading process in the Wealth-Lab. The general course outline for Module II is like the following:

Lecture I – The Beginning

Lecture II – Data Types

Class III– Working with Data

Lecture IV – Data Inside Wealth Lab

Lecture V– Object-Oriented Programming

Lecture VI– Collections and LINQ

Lecture VII– More Operators and Structure

At this point, you’ll be ready for your first design of a trading system. In module III, Trade System Design, we go through the primary framework I employ and how you will easily apply the framework to create your strategies. This is the outline of the course:

Lecture I – Basic System Framework

Lecture II – Coding More Complexed Strategies I

Lecture III– Coding More Complexed Strategies II

Lecture IV– Time Exits, Trailing Stops and SAR

Lecture VBreakthroughs in Trading with Stop Orders

Lecture VI – Multiframe Systems

Lecture VII– Simple Arbitrage Strategies and Multi Symbol Trading

Lecture IIX – Screener Trading

An additional bonus section at the end of this section is the next one that provides you with the complete frameworks of the most well-known trading system designs.

1. PRICE CHANNEL BREAKOUT TRADING SYSTEM
2. TURN AROUND CANDLE PATTERN TRADING SYSTEM
3. EMA CROSSOVER
4. DMI CROSSOVER
5. INTRADAY PIVOT BREAKTHROUGH
6. ALEXANDER ELDER 3 SCREEN FRAMEWORK

Then I’ll present to you some intricate code and my work in ranking system performance and making special trackers specifically for Wealth-Lab. In the Total Score module, you can learn what it feels like to be an expert.

The course is a mix of programming the performance visualizer, which requires knowledge in C# and creating a ratio that will help analyze how the overall strategy works.

Following the course, you’ll be able to arrange the strategies you have developed based on performance for each unit and examine them about timeframes, symbols, periods, and systems for managing money.

Outline of Total Score

– Use 99percent of the performance data you get on the standard Wealth-Lab performance card and determine it yourself to display it on an additional tab within Wealth-Lab.

Utilize this information to calculate additional performance information such as daily drawdown, full days since the last high inequity and the number of days remaining since your last peak equity date, percentage months in profits, average drawdown and more.

Take any performance data you like, add it together and then put it in the form of a total score ratio. This will allow you to assess system performance using a single system for all systems.

Create your scorecard to optimize.

– – Put the score you computed in the performance visualizer on your scorecard for optimization and then improved your strategies based on the performance metrics you have created for yourself.

Next, we’ll look at the most amazing tools I’ve developed to conduct the market and research based upon pivots and fractals. No matter what the situation, these tools will make trading more effective! This is the moment to present to you these tools: the Fractal and Pivot Masters.

If you are looking for a comprehensive course, This is the most comprehensive course in Wealth-Lab you will ever find on the internet. Enjoy!

Be cautious when trading!

Trading in forex and futures involves significant risk and isn’t for everyone. Investors may lose more or less than the amount they invested in. Risk capital is money that could be lost without risking one’s financial security or life way of life. It is recommended that only risk capital be utilized for trading, and only those with enough capital to risk should contemplate trading. Past performance isn’t necessarily an indicator of future performance.

Who is this course intended for:

• Anyone looking to gain a deep knowledge of algorithmic trading and the study of financial markets.