Keyword Description
Using this causes Mechanica to look only in resizing code to determine entries, exits and position sizes. One case where this is beneficial is when items are to be traded based upon their position weights as determined by mean variance optimization (MVO). Another case is where rank is the sole determinant of ownership.
Class
Directive
Where Legal
Resources |
Entry Logic |
Exit Logic |
Initial Size |
Resize (Pre-Category) |
Resize (Category-Level) |
|
|
|
|
l |
l |
Syntax
RESIZEONLY
Example
Sample code
RESIZEONLY
|
Typically, the only entry logic code needed to make this work is BUYCLOSE. NEWSHARES = 0 on initial size tab is necessary as well. |
See also:
..\Sample Rules\Position Sizing Rules\ReAllocate.siz