[2002 11p Metastock] PowerPivots80 [Trading ebooks], Finanse, Metastock, pobierz pdf

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PowerPivots Trading Systems
in MetaStock 8.0
Page 1
The Enhanced System Tester helps
you determine
how
to Trade…
The Enhanced System Tester helps
you select a trading system, so
you’ll know what criteria and
conditions give you optimal results.
With it, you can back-test various
trading systems and conditions on
a virtually unlimited number of
securities. By back-testing these
systems, you’ll get valuable
information about the systems
including trading characteristics,
risk exposure, typical drawdowns,
typical profit potential, etc.
The result is a customized trading
system that matches your trading personality and risk level.
The Explorer™ helps you
determine
what
to Trade…
Once you have picked a trading
system you feel comfortable with,
use The Explorer to help you find the
securities that are currently (or on
the verge of) generating either long
or short entry signals. Just input
your trading scenario and let The
Explorer go to work! An exploration
will generate a list of securities that
meet your criteria.
Now you are ready to narrow your
choices and find the most profitable trading scenarios.
PowerPivots Trading Systems in MetaStock 8.0
Version 1.0
Page 2
The Expert Advisor helps you
determine
when
to Trade…
Once those trading possibilities emerge, read
The Expert Advisor's commentary to further
analyze those possible trades and narrow
them down to the most promising trading
opportunities. The Experts and Commentary
provide “bar-by-bar” analysis, so you always
know what action the trading system is
currently
suggesting
.
The Expert Commentary gives you entry and
exit signals, plus detailed information and
suggestions you can use to help manage your
trade.
PowerPivots Trading Systems in MetaStock 8.0
Version 1.0
Page 3
PowerPivots™ Trading Systems
Each trading system described below includes a System Test, an Exploration and an
Expert Advisor.
Bollinger Bands (Modified)
Overview –
This system is a modification of the standard Equis Bollinger Band
System, and is provided to demonstrate how pivot and multiple time frame analysis
can be integrated into existing trading strategies in order to increase performance.
Entry –
An entry is generated, either long or short, once the market extends beyond
two standard deviation points from the mean.
Exit –
This trading system attempts to exit the market once a previous minor pivot
from the next higher time frame is violated.
CCI (Modified)
Overview –
This system is a modification of the standard Equis CCI System, and is
provided to demonstrate how pivot and multiple time frame analysis can be
integrated into existing trading strategies in order to increase performance.
Entry –
An entry is generated, either long or short, when a 14 period CCI extends
beyond a pre-determined price threshold.
Exit –
An exit is signaled once the market trades either above or below the most
recent minor pivot from the next higher time frame.
Pivot Momentum
Overview –
Analyzes the current momentum of high and low pivots as they are
created, and trades in the direction of that trend. This system trades very
infrequently and is best suited for swing traders.
Entry –
A long entry signal is generated when minor low pivots begin forming at a
faster rate, and a higher price, than intermediate high pivots. Conversely, a short
signal is generated when minor high pivots begin forming at a faster rate, and a
lower price, than intermediate low pivots.
Exit –
This trading system looks to exit the market once the rate at which pivots are
being formed drops below a certain threshold.
Pivot Rotation
Overview –
This system, designed for the active trader, is ideal for capitalizing on
small, short-term market swings.
Entry –
This trading system uses Trend Direction to determine whether to go long or
short, and then attempts to enter the market once a pivot, of any type, is created
and validated.
PowerPivots Trading Systems in MetaStock 8.0
Version 1.0
Page 4
Exit –
An exit signal is generated once the market violates the most recent minor
pivot from the next higher time frame.
Time Frame Convergence
Overview –
This system analyzes pivot creation and market trend on three different
time frames, and is designed for longer-term traders interested in capturing key
market moves.
Entry –
This trading system calculates the prevailing trend by waiting for Trend
Direction, based on three different time frames, to all be in agreement with each
other. It then attempts to enter the market, either long or short (depending on the
prevailing trend), once the market breaks out (above or below) the most recent pivot
high/low.
Exit –
This system will exit the market once the market trades above the previous
pivot high (or below the previous pivot low) from the next higher time frame.
PowerPivots Trading Systems in MetaStock 8.0
Version 1.0
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