Rating("RankName") Buy Rule using RankPOS

Research
1

in screenr testing LONG/SHORT.

is it possible to have 2 different ranking systems simultaniously in a Long / Short screener run?

Acturally I desire NO Ranking System, but the use of “Rating” and then a rankPOS of that “rating system”

LONG… seek RankPOS<26 as my Buy Rule (long) (top 25 stocks of my ranking system by RankPOS)
SHORT… seek RankPOS>475 as my SELL Rule ( to go short ) (bottom 25 stocks of a DIFFERENT RANKING SYSTEM by RankPOS)

the long and short should use a different Ranking System / Rating / of rankPOS.

can this be done ???

thanks…

2

nbrick,

This cannot be done. I would like this also. For me it would be useful so that ports would not buy the same stock in a Book. This could be done for many of my ports by putting RatingPos (“Ranking system used in the other port”) > 5 in the buy rules.

I put this as feature request that did no generate much interest. I’ll try to find it and bump it so you can vote on it.

3

nbrick,

without knowing when you really intend to switch between long and short - but you could use three sims and combine them in a book:

Take one sim for your long portfolio, one for your short portfolio and a third to determine for whenever you want to switch.

Not exactly the most straight-forward solution, but this might be a viable workaround.

Best,
fips

4

i was trying to avoid BOOK and use two different ranking systems in
a Long / Short Screener backtest.

… always long and always short …

using rank “xxx” for Long, and rank “000” for short.

thanks for the input…