Analysis Page Screen Images

MANAGING STRATEGIES

Create and manage several strategies for a stock or index using the panel shown below.  This strategy signals a buy if the purchase stochastic crosses from under 25% to over 25%.  The sale stochastic signals a sell if it crosses to below the 75% line.   The indicator and the criteria are specified on the Analysis page.  

The 'as Template' check box allows you to save the strategy as a template.  The strategy template which can then be applied, with the monitoring function, to all stocks or selected groups of stocks. 

The Load Template button will load a selected template into the current stock.  This quickly provides starting values for analysis.  

USE DATE RANGES TO VALIDATE STRATEGIES

Use a Date Range to specify the period to be backtested.  This period can end in the past, as shown.  If a strategy is developed for a historical period, it can be validated by advancing the Stop date to the current day. 

COMBINE SEVERAL PURCHASE CRITERIA OR SALE CRITERIA TO DETERMINE A TRADE

Use the Purchase Operator to combine indicators to determine if a purchase is to be made. For example, combine a MACD indicator and the RSI using an AND operator for a purchase signal.  A MACD buy signal could be confirmed, for example, by ensuring that the RSI is greater than 50%.

A Sale Operator set to OR would allow a sale to occur if either of two indicators generated a sell signal. 

SET ONE OR MORE STOP LOSS CRITERIA

One or more of the Stops shown can be set.  If any of the stop conditions are met the stock is sold at the stop price.  Stops are evaluated before other sale criteria, in the order in the left column followed by the right column.

A trailing stop is shown, set at 3% less than the previous day's low.  The yellow highlight indicates that the value was changed since the strategy settings were loaded.  The green highlight indicates that the Purchase Price stop was active when the strategy was initially loaded.  Highlights speeds identification of initial strategy values and changed values.

SET STRATEGY PURCHASE AND SALE PRICES

Trade signals are usually filled at the next day's open price. In this example, the purchase bid price will be calculated as the high of the day of the signal minus 1.25%.  If the bid price does not occur during the next  day, the next purchase signal is evaluated.