Dear Zorro-Users,
within the last days and weeks I have been reading the financial hacker blog and book and testing Zorro. I love it, the approach suits me very well!
Within the last year or so, I have been working on an "engineering approach" for stock analysis. Hereby, I have focused on fundamental Analysis using different well-known methods and combining them. The analysis is done half-automatically by Excel using vast amount of time. So far, it works for me. Meaning it gives me a good feeling by "picking" the stock.
I have come to a point, to further improve my strategy. Reason / Facts:
1. I know that a stock is (supposably) undervalued
2. After buying the stock one comes across the following 3 price movements: up, down, freeze -> Hence, it would be nice to further Analysis (suposable) future price movements.
3. I would also like to further verify when to sell.
Hence, I know now what to buy, but not when to buy and when to sell. Since I have come across a few cycles for the stocks already (where I could have bought low and sold high), I am now facing the psycholocial game (why didn't I sell? Should I sell now? Should I buy the price is so low? No, I will wait. Darn!) and would like to further improve my methodical approach on knowing when to buy and when to sell.
Hence, I would like to use the script described in the financial hacker book (Alice3b) for the anlysis on price data using trend and countertrend methods. Usually, the assets, I would like to trade are only sold via a stock Brokers, which as I understand cannot be connect so far to Zorro.
However, as decribed in the manual, orders to a broker can be done manually and data on daily price movement can be retieved via yahoo finance.
Where I am stuck is the following: Using Zorro in a kind of offline mode (without Broker connecttion, since the asset cannot be found) to analyis the data.
[By the way. This would enable Zorro to expand its horrizont to an entire new Level in respect to data processing.]
Another method which crossed my mind, is the Transfer of the script into Excel. Hereby, I would however need to know the mathematical representation of the lowpass filter for example. I figured that this is property of Gamestudio and cannot be available.
With this Post, I would like to ask you on thoughts from your side, comments on my approach and / or help on the issue I am facing.
I am looking Forward to your reply. Thanks in Advance!
Seb
