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Trade Sense Guide

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1. D NY o oT 0 _ on By Year A display of the strategy s performance on a year to year basis can be seen by clicking on By Year You ll be able to easily analyze each year by looking at the number of trades Winning Percentage Average Winning trade Profit Loss Ratio Return Percentage Average Trade Net Profit Drawdown Consecutive losing trades and Max loss See figure below Analysis Money Mat Take the next trade No equity filter applied Summary All Trades Report Chat Summary Long Trades Summary Short Trades Trades Monthly History Year Trades WinPct WinAvg LossAvg RunUp RunDn P L P F AvgTrade C L MaxLoss Profit By Year 2002 1 100 00 715 0 715 0 715 00 999 00 715 0 8715 By Month 2003 4 50 00 715 535 715 535 134 1 34 90 2 535 360 By Week 2004 6 50 00 715 535 715 535 134 1 34 90 2 535 540 alee 2005 9 44 44 715 535 715 535 14 107 231 2 535 185 or 2006 4 25 00 715 535 715 535 134 045 233 3 535 890 aa A 2007 5 60 00 715 535 715 535 13 2 00 215 2 535 1 075 ee 2008 7 14 25 715 535 715 535 134 022 356 3 535 2 495 ee 2009 5 004 715 535 715 535 134 5 35 465 1 535 2 325 eres 2010 4 75 00 715 535 715 5355 134 401 4031 535 1 610 By Entry Signal 2011 1 0 00 0 535 so 5535 000 000 535 1 535 5535 By Month This report takes all the years together and analyzes by the month of trading The cumulative
2. ee Verity et Print Save ial Save s Fra Rename Toolbox x Close Category Indicator See advanced settings ee rs Usage Momentum Function Inputs Enter formula for Function press Space Barto access TradeSense Crosses Above Momentum Close 50 MovingAvg Momentum Close 50 50 Navigate back to the Rules section by going back to the Trader s Toolbox or clicking the Rules button from the Navigation Toolbar From within the Rules section click on New Enter the following as the condition CONDITION IF Bullish Momentum Action for Next Bar Buy at Market Click on the Save button Trade Navigator will verify and save the rule simultaneously The rule is ready to implement into a system Bullish Momentum Entry Rule e a Verify Diagram Print Save im Save As Pj Rename Y Toolbox X Close Rule Inputs Advanced Building Block Rule Condition The order will be placed IF the following condition is tue press the space barto access TradeSense IF Bullish Momentum Order to place for Next Bar Action Long Entry BLY orders filled Previous Bar Last COMPLETE Bar Bar to Trade is Next Bar High 1 Stop and Limit w Open onthe Next Bar Market On Clase 3 and Close Only tilled at wi band Order Type eee Next Bar Open Next Bar Close Market Words and phrases in bold appear as they should when creating an expression Yn ON Oo
3. BY GENESIS FINANCIAL TECHNOLOGIES TradeSense Guide Genesis Financial Technologies Inc Finally Strategy Development and Back Testing Just Got Easier GENESIS FINANCIAL TECHNOLOGIES TradeSense Guide Creating powerful trading systems simply Revised February 2013 BY GENESIS FINANCIAL TECHNOLOGIES Genesis Financial Technologies Inc 4775 Centennial Blvd Suite 150 Colorado Springs CO 80919 Phone 719 884 0245 Email support tradenavigator com Y ON fo lt S O D on E O O is oe mt Y D D J D O D Y D NY cD oT aS _ on Copyright Notice The Trade Navigator Platinum software described in this Manual is furnished under a license agreement The software and data may be used or backed up only in accordance with the terms of the agreement No part of this Manual may be reproduced or transmitted in any form or by any means electronic or mechanical including photocopying without prior written permission of Genesis Financial Data Services Information in this User s Manual is subject to change without notice and does not represent product specification or commitment on the part of Genesis Financial Data Services 2011 2012 2013 Genesis Financial Data Services All rights reserved Printed in the United States of America Trademarks References are made to the following products and or services in this User s Manual These services and or product
4. InstallShield Wizard License Agreement Please read the following license agreement carefully Press the PAGE DOWN key to see the rest of the agreement LICENSE AGREEMENT The Genesis Trade Navigator provides access to sophisticated secunties and futures market data and secunties and futures trade order entry and routing functionality User guides and training and education matenals are intended to assist End User in the proper use of the Genesis Trade Navigator End User agrees to read any such materials carefully to follow all instructions and to call Genesis Financial Technologies for assistance if End User has any questions or if End User does not understand how to use the Genesis Trade Navigator or any of its features End User acknowledges that it should not and will rot Use the Genesis Trade Navigator if End User does not understand how to use it properly Do you accept all the terns of the preceding License Agreement Ifyou choose Mo the setup will close To install Trade Navigator you must accept this agreement Next you will be asked to choose a location to install the software There is no overwhelming reason to change the default location To continue click on the Next button The default Program Folder will appear again there is no overwhelming reason the change the selected program folder InstallShield Wizard Choose Destination Location Select folder where Setup will install files Setup will install Trade
5. Short Exits Pyramid Info Next click on the Data Tab to specify the data we wish to test For our example we re going to test this system on the S amp P Mini Click on the Symbol Column and then click the little down arrow You ll be shown a selection of symbol groups available and also the lt New Symbol gt selection which is the one we want Clicking lt New Symbol gt will bring up the familiar Symbol Selector window from your normal Trade Navigator chart use Scroll through and find the ES O67 market symbol and click OK You will see a listing for Market1 which is the market on which you will test and evaluate the system The Market1 identifier will now display the security E Mini S amp P 500 Cadj Lig We will be testing 60 minute bars so click inside the Bar Period and set the value to 60 minutes Let s also specify a range of data to test from 1 1 1980 to 6 30 2011 Run S owes B c Print el Save im SaveAs Bj Rename Wizard Toolbox KX Close j Use the active charts symbol Market E Mini S amp P 500 Cadi Liq 60 minute F ES 06 bar period and date range Symbol LookUp Market Info Date Range to Test From Tue 0101 1980 el To f Thu 06730A 4 C End of Data Yn On fe S K S D E 0 S i S2 lt Y D o O D 5 O V o YN D T a Yn ON Oo lt S Q D on E O O is oe mt Y D B J o O D Y D
6. 0 10 Yn ON Oo lt S Q D E O 0 is oe mt Y D B J o O D Y D NY o oT 0 _ on Close lt Think of water flowing down The first gate will allow water to Close 1 flow through the channel to the next gate IF Close lt Close 1 AND Close 1 The first gate allowed water to flow In order for the water to lt continue through the second gate Close 1 Close must be true Close 2 AND _ The water now can pass through one of Thursday two gates if it is either Wednesday or f Thursday Wednesday AND As it continues the water can again Close Of 513 201205 Close Of 513 201205 Pass through one of two gates lt lt Silver lt Silver 3 or Silver lt Silver 12 Close 3 Of 513 201209 Close 12 Of 513 201 205 THEN BUY at Next Bar Open Moving4vgq Range 4 _ Finally at the end we are ready to place our 0 10 STOP order We needed the right conditions to be true in order for us to have reached this last point Now we will Buy at the Next Bar s Open 10 of the 4 bar range Yn el Oo S lt S Q D E S S 0 is oe mt Y D S B J o O D V S D YN o oT 0 tei on Y ON fo lt S O D on E O O is oe mt Y D D J D O D Y D NY cD oT aS _ on Creating a Function gt Functions The convenience of Trade Navigator and the Trade
7. 634 297 210 145 68 8 535 10 860 9 28 Saree Day 06 182 3736 497 296 605 333 1 68 1 00 0 10 535 43 9 47 ee Day 07 180 36 67 614 286 663 324 215 124 44 13 535 7 938 9 01 none eet Day 08 184 41 30 553 300 611 336 184 130 52 14 535 9 635 9 79 cere Sans Day 09 183 38 80 563 307 639 338 183 116 31 6 535 5 608 8 75 Win Trend Anaiysis eee fH Day 10 165 41 82 587 295 643 339 199 1 43 74 8 535 12 150 10 56 Yn On fe c K O D E 0 S i oe a Y D o O D 5 O V c o YN D T By TDOY The TDOY report shows performance summaries of entry signals by trading day of the year Calculations are done based on single unit trading no money management Analysis Money Mgt Take the next trade No equity filter applied By Year a Report Chat By Month By Week By TOY By Day By TDOW TDOY Trades WinPct WinAvg LossAvg RunUp RunDn P L P F Avgtrade C L MaxLoss Proft Avg Bars a By TDOM Day 173 10 60 00 611 535 680 535 114 1271 153 2 535 1 525 6 80 Day 174 12 33 33 1 124 349 1215 398 322 161 142 4 535 1 705 10 58 By Week Day Day 175 13 6154 640 200 695 273 320 512 317 3 535 4 120 14 46 By Entry Signal _ Day 176 7 42 86 715 210 715 244 340 255 S186 4 348 1 305 7 86 cama Day 177 17 52 94 509 416 566 433 122 1 38 74 4 535 1 255 11 65 By Entry Exit Signal Day 178 18 50 00 766 366 825 38 210 210 200
8. Average Winning Trade Profit Loss ratio Return Percentage Average Trade Net Profit Drawdown Consecutive losing trades and Max loss See figure below Analysis Money Mgt Take the next trade No equity filter applied Summary All Trades a Report Chat Summary Long Trades Summary Short Trades Trades P Monthly History Week Trades WinPct WinAvg LossAvg RunUp RunDn P L P F AvgTrade C L MaxLoss Profit Avg Bars By Year Week 1 10 40 00 715 535 715 535 134 0 89 35 2 535 350 29 10 By Month Week 2 7 57 14 715 535 715 535 134 1 78 SIA 2 535 1 255 21 14 Week 3 9 44 44 715 535 715 535 134 107 21 3 535 185 24 00 By Day Week 4 15 40 00 715 535 715 535 134 0 89 35 4 535 525 55 80 Yn ON Oo lt S Q D on E O O is oe mt Y D B J o O D Y D NY o oT 0 _ on By Day The By Day report shows performance summaries of entry signals by calendar day of the month Calculations are done based on single unit trading Analysis Money Mgt Take the next trade No equity filter applied Summary All Trades Report Chat Summary Long Trades 100 00 715 0 715 0 715 00 999 00 715 Day 01 2 0 0 1430 15 00 wy Day 02 1 0 00 0 535 so 535 000 000 535 1 535 535 4 00 Day 03 1 100 00 715 0 715 0 715 00 999 00 715 0 0 715 26 00 Day 04 3 33 33 715 535 715 535 134 067 118 1 535 355 42 00 Day 05 1 0
9. NY o oT 0 _ on than 75 Trade Navigator can ignore those results To filter unwanted results select the given statistic you wish to filter column item and click on the button to the right to access filter options E Show Hide Columns 6 New Rule Select each statistic you want to show in the optimization run Add Rule Column Filters Tjj Win ee cance Edit Rule Trades a Wins ll ol g x Cancel ot Equa z ea Greater than or Equal to Wi Payout Greater than wi Avg Win Less than or Equal to E uick Stops Wo Retum Less than Avg Loss E qual to est Entry Large Win Large Loss O cw CL Winning percentage Ains Total Trades Select from Not Equal to Greater than Greater than or Equal to Less than Less than or Equal to and finally Equal to The adjacent box is the filter value In the example shown we are filtering for a winning percentage to be greater than or equal to 85 must be entered in decimal format 85 0 85 Click on the Save button to apply these changes and filter the reports displayed Greater than or Equal to 0 85 Cancel With each listed test and displayed results you can view the complete Performance Report by selecting the desired test and clicking on the Reports button This allows you to view every detail of that optimization run The columns displayed are the inputs the Optimizer has tested l 1 Input 1 is th
10. Price format Decimal un 535 53 mi 7 Position selection AII trades Long 5 35 715 38 50 Chart By Date Long 535 S535 38 50 From date 04 15 2002 ng a z aap A 2 04 2009 07 30 AN 009 10 30 35 7 3 51 Report description The fomula used by this Standard Money Management Report is Units Account Balance Risk Pct Risk Based On but is also capped at Account Balance Margin where Risk Rased On l amest lass 04 28 2010 07 30 AM 06 15 2010 05 30 AM 06 23 2010 05 30 AM 09 10 2010 04 30 AM 01 04 2011 05 30 AM 04 29 2010 08 30 AM 06 15 2010 02 30 PM 06 23 2010 10 30 AM 09 13 2010 05 30 AM 01 05 2011 04 30 AM 61 650 Y ON fo lt S O D on E O O is oe mt Y D D J D O D Y D NY cD oT aS _ on Standard Money Management Standard Money Management Formula Units Account Balance Risk Pct Risk Based On but is also capped at Account Balance Margin Where Risk Based On Largest Loss Average Loss or a user specified Dollar Amount and Risk Pct Kelly Ratio Optimal f Value or a user specified Risk Percent Risk Pct Risk percent is used in the units calculation Choose either to use the Kelly Ratio the Optimal f value or type in your own Risk Percent Base Risk on You can choose to base the risk on the largest loss the average loss or a specific dollar amount Max Units Ma
11. S i oe a Y D o O D 5 O V o YN D T a Strategy Example Strategy Data Period 60 minute Symbol or Symbol Group C SybolGroup SF ALLSmbos E From Tue mma e Thu 06 30 2011 To End of Data As we create new items we will see them added to our New Strategy Basket window This gives us the opportunity to Run a test of the basket look for any orders that may be available for the current days data we have to enter a description of the basket and many other options Some of the most important actions performed in the New Strategy Basket window are the ability to add more basket items edit items remove an item or set all of the date ranges for testing to be the same in Orders El Description lt a Print el Save Eel Save As ba Rename 3 Toolbox a Add strategy symbol combinations as items in this basket ES 067 60 minute 01 01 1980 06 90 2011 S2067 60 minute 01 0 1980 06 30 2011 The New Strategy Basket window also allows us to see what symbols time periods and any other special values are set to be tested in this basket Just as with a normal strategy we are basically running a specialized optimization of multiple strategies and the software will run the Optimizer when we click on the Run button mX nae Reports Merged Reports aers Print i Export 3 amore ample Strateg S13 067 60 minute eed 01 1980 06 30 2011 ery Amo a 1000 poe eae NG 067 60minute 01 01 198
12. The order will be placed IF the following condition is true press the space bar to access TradeSense IF Grosses Above MovingAvg Close 9 MovingAvg Close 15 And Crosses Above StochK 14 3 25 Order to place for Next Bar Action Long Entry BUY i Stop Price Buy if price gets up to High Advanced Create a Variable Input to test a range of numbers to find the right combination of values to produce results meeting your needs Instead of using values of 9 and 15 for the moving averages and 25 for Stochastics use Variable Input names in the TradeSense Examine the following TradeSense with the replaced values for Variable Input names Condition If Crosses Above MovingAvg Close Avg1 MovingAvg Close Avg2 and Crosses Above StochK 14 3 Value Once the Variable Input names have been entered and the rule has been verified System Navigator identifies the inputs and prompts you to enter default values for the Variable Inputs you ve just added Rule Inputs Advanced Words in the expression which are not recognized as existing functions become inputs i e variables or arguments Yn On fe S K S D E S S i oe a Y D o O D 5 O YN o N D T a Y ON fo lt S Q D on E O O is oe mt Y D B J o O D Y D NY o oT aS _ on Basic Strategy Building O Str
13. Y D NY o oT aS _ on In Closing Thank you once again for your interest in Trade Navigator Platinum and it s many tools and capabilities We hope that this document has served as a helpful place to start and that it gets you well on your way to creating your own trading strategy Please do not hesitate to contact us with questions or for assistance in implementing any of the steps outlined in the manual Technical Support Team Genesis Financial Technologies 4775 Centennial Blvd Suite 150 Colorado Springs CO 80919 719 884 0245 719 260 6113 FAX Hours 6AM 7PM MT Support TradeNavigator com For questions relating to new services or upgrades please contact Product Specialists Sales Genesis Financial Technologies 4775 Centennial Blvd Suite 150 Colorado Springs CO 80919 800 808 DATA 3282 719 884 0244 Direct Hours 8AM 5PM MT Sales TradeNavigator com For questions relating to the monthly service of data or other billing issues Billing Department Genesis Financial Technologies 4775 Centennial Blvd Suite 150 Colorado Springs CO 80949 719 884 0266 719 260 6113 FAX Hours 8AM 5PM MT Billing TradeNavigator com
14. the one with a higher Monthly Sharpe Ratio provides a better return for the same risk or the same return for lower risk Annualized Sharpe Ratio The Annualized Sharpe Ratio measures the excess return or risk premium per unit of deviation ina trading strategy by year typically referred to as risk and is a deviation risk measure When comparing strategies the one with a higher Annualized Sharpe Ratio provides a better return for Y ON fo lt S O D on E O O is oe mt Y D D J D O D Y D NY cD oT aS _ on the same risk or the same return for lower risk Calmar Ratio The Calmar Ratio uses an average annual rate of return for the last 36 months divided by the maximum drawdown for the last 36 months and calculates it on a monthly basis The Calmar ratio changes gradually and serves to smooth out the overachievement and underachievement periods Winning Trades Total Winners This is the total number of winning trades A winning trade is considered a trade with a profit of greater than 0 00 This number can be adjusted by changing the Profit is gt value in the displayed options Gross Profits By accumulating the profits from all the winning trades we get the Gross Profits of the system Average Win Average winning trade takes the total profits created from the all the winning trades and divides by the number of winning trades Largest Win This represen
15. 06 30 Ar 1249 75 08 28 2005 06 30 Ph 1239 75 8535 535 2 335 140 By Week L 10 05 7005 07 30 AM 1245 00 10 05 2005 12 30 Ph 1239 00 535 535 1 800 15 By Day L 0329 7006 05 30 AM 1318 50 04 05 2006 03 30 Ph 1333 50 715 715 2 515 715 L 05 12 2006 02 30 AM 1325 75 05 12 2006 10 30 AM 1315 75 8535 535 1 980 23 Dre Tris Monthly History The Monthly History report shows performance summaries of entry signals by month and year Calculations are done based on single unit trading no money management Analysis Money Mgt Take the next trade No equity filter applied Summary All Trades a Report Chat Summary Long Trades Summary Short Trades Trades n SEA Monthly Trades WinPct WinAvg LossAvg RunUp RunDn PL P F AvgTrade C L Maxloss I By Year Sep 2009 0 0 00 0 0 0 0 0o o0 0 0 By Month Oct 2009 1 100 00 715 00 715 0 715 00 999 00 715 0 0 By Week Nov 2009 0 000 0 0 0 oo o0 D 0 0 eae Dec 2009 1 100 00 715 715 0 715 00 999 00 715 0 0 Sae Jan 2010 0 0 00 0 0 0 oo o0 0 0 0 Feb 2010 0 0 00 0 0 0 0 O00 000 0 0 0 i Mar 2010 0 0 00 0 0 0 0 oo 0o00 s 0 0 a Apr 2010 1 10000 715 0 715 0 715 00 999 00 715 0 0 Py EEE Day May 2010 0 0 00 0 0 0 oo ow 0 0 0 By Entry Signal Jun 2010 2 50 00 715 535 715 535 134 1 34 soo 535 Yn ON Oo lt S Q D on E O O is oe mt Y D B J o O D Y
16. 535 0 535 0 00 0 00 535 88 535 47 080 By Week Day Exit Long Profit Target 245 100 00 722 s0 722 0 722 45 999 00 722 0 0 177 000 By Entry Signal Bullish Momentum Entry 1 009 29 04 182 199 430 2897 091 037 88 26 510 89 065 eee Selling the Average 1101 15 53 128 178 362 212 O72 013 130 27 535 143 535 aye Exit Short Profit Target 773 100 00 729 s0 7239 0 72944 999 00 729 0 S0 563 858 a a Exit Short Stop Loss 596 0 00 s0 535 0 535 000 0 00 535 596 535 318 860 Profit Size Analysis Win Trend Analysis Consecutive Trade This report displays the occurrences of consecutive winning and losing trades what happened after the next trade as well as an average of what happened for the next five trades default You will be able to view Number of occurrences Winning percentage Average winning trade and Profit Loss ratio Analysis Money Mat Take the next trade No equity filter applied By Year a Report Chat By Month By Week Consecutive Trades Study By Day By TDOW a e aoe By TDOM Win Avg Win PL Ratio Win Avg Win PL Ratio By TDOY 1 win 1496 40 9 566 184 415 574 1 87 By Week Day 2 consecutive wins 612 453 589 176 466 608 1 86 By Entry Signal E 3 consecutive wins 277 542 612 1 79 54 7 642 1 92 By Exit Signal 7 4 consecutive wins 150 62 0 648 197 64 1 656 2 06 By Entry Exit Signal 5 consecutive wins 93 78 5 6
17. And Abs Open Close lt 3 Tick Move Rule This section is for the TradeSense that you will use the function to replace One extremely useful trick is to create a function that allows you to quickly reference a commonly used price pattern or market condition We have included a number of examples Y ON fo lt S O D on E O O is oe mt Y D D J D OC D Y D YN cD oT aS _ on for you With each example we have created a pattern created a name for the function and entered in the TradeSense to describe the pattern Then when creating a new rule that uses the pattern we will replace the TradeSense with the function as we ve already created it Example Function 1 Candle Stick Pattern Bullish Doji Star The Doji Star is a commonly used candlestick pattern In the example below we will describe the bullish pattern which forms the relationship of two bars in a down trending market The first bar is a Long Day This is a close lower than the open and with the largest range in the last 5 days For this example we want the close in the lower quarter of the range and at least 50 of the range between the open and close The second day has a gap opening below the previous bars low and the closing price is at or near within three ticks the opening price of the bar Let s create the TradeSense for that Y CONDITION Open 1 gt Close 1 and Open 1 Close 1 gt Rang
18. D V S D YN o oT 0 tei on Yn el Oo S lt S Q D on E S S 0 is oe mt Y D S B J o 5 O D Y S D NY o oT 0 tei on By Exit Signal The By Exit Signal report shows performance summaries by exit Signal name Calculations are based on single unit trading no money management By Exit Signal by Profit Profit 200K 100K 0 100K 200K 300K Moving Avgerage Crossover Exit Long Stop Loss Exit Long Profit Target Bullish Momentum Entry Selling the Average Exit Short Profit Target Exit Short Stop Loss By Entry Exit Signal The By Entry Exit Signal report shows performance summaries by entry exit Signal combination Calculations are based on single unit trading no money management By Entry Exit Signal by Profit Profit K 250K Moving Avgerage Crossove Exit Long Stop Loss Moving Avgerage Crossove Exit Long Profit Tar Moving Avgerage Crossove Selling the Average Bullish Momentum Entry Exit Long Stop Loss Bullish Momentum Entry Exit Long Profit Targe Bullish Momentum Entry Selling the Average Selling the Average Moving Avgerage Crossove Selling the Average Bullish Momentum Entry Selling the Average Exit Short Profit Targe Selling the Average Exit Short Stop Loss Yn el Oo S lt S Q D on E S S 0 is oe mt Y D S B J o 5 O o V S Q NY o oT 0 tei on Consecutive Trades Study
19. Diop Star Moving4g Crosses Above Average of a seres of numeric values using simple method sum count See help for details Once you have started typing the function or rule and TradeSense has identified which function you want to use press the TAB or ENTER key on your keyboard and TradeSense will fill in the rest of the name If necessary it will prompt you for any additional input associated to that function e g number of bars used in the calculation From the TradeSense box you can scroll through and select a particular function as well by clicking on the function name Trade Sense Guide Genesis Financial Technologies Operators An Operator allows us to separate functions as well as to relate functions Common operators and examples of how they may be used are provided below gt lt AND OR NOT When you want one function or value to be greater than another To evaluate one function that is greater than or equal to another When you want one function or value to be less than another To evaluate one function that is less than or equal to another To evaluate when you do not want one function to equal another When you want two functions or expressions to equal each other This operator will be used when you want more than one function or condition to be true in order for the rule to be evaluated When we are looking for one of a possibility of conditions to be true we ll use the OR operator to co
20. Example Strategy The shell of the strategy has been created by clicking on the New button In order for us to complete this strategy we must add rules entries and exits that we wish to evaluate select the data then test fu Functions amp Rules rs Strategies we axit rules to define a trading strategy Developer ia Y ON fo lt S O D on E O O is oe mt Y D D J D O D Y D NY cD oT aS _ on the merits of the strategy Since we are using this strategy as an example we will walk through the process of creating a new rule from the Rule menu For this buy rule we want to evaluate a simple condition We want to enter a long position if we have a Moving Average Crossover in the S amp P Mini We re going to exit if we reach a profit target of 750 or are stopped out by a 500 loss To recap we enter on a Moving Average Crossover The entry rule is a classic entry for traders commonly following Moving Average techniques The Moving Average Crossover buy signal is to buy on the Next Bar at the high on a stop if the 9 bar moving average of the Close crosses above the 15 bar moving average of the close and the Stochastic K value crosses above 25 We ll exit the trade if we have made 750 on the trade or if the trade goes against us by 500 This means that if any time during the trade the highest price in the trade has created an open equity of at least 750 or the
21. J o O D Y D NY cD oT aS _ on TradeSense Language Logic of TradeSense It s relatively easy to follow trading rules in English such as If tomorrow s open is less than today s low and the price of gold is less than it was two four or six days ago then Buy tomorrow if the price goes above yesterday s low With enough discipline you can track these trades and evaluate their ultimate success or failure From a computer s point of view it is not an easy thing to evaluate English Computer programs have not yet evolved to that level Other programs developed to help customers evaluate trading rules have required you to know and learn a modified programming language Most traders just don t have the time to learn the intricacies of trading create trading rules and learn a complicated trading language The TradeSense language was created and designed to bridge the gap between English and Programming Languages There are some special conditions and laws to know when writing a trading rule with TradeSense These conditions will apply to both Functions and Rules The window below appears when you press the spacebar after an operator explained later in this manual When you begin typing the TradeSense finds the function that you begin entering in the rule All operators are highlighted in blue italic font List Functions el Category lt ALL gt New Function Month MonthD ay Morning
22. NY o oT 0 _ on Default settings may be used but let s make a change to the Slippage and Commission fees by clicking on the Settings tab and change the value for Futures to 35 Example Strategy Strategy fa S Run BS Orders E Notes a Print Save id Save As Fra Rename Wizard yd Toolbox x Close Rules Inputs Data Settings Fees commissions slippage pip spread Trade Size for Stocks FUTURES 35 00 per contract roundtum For stocks backtest using a fixed number of FOREX 5 00 pertrade roundtum Dollars pertrade 10 000 STOCKS 15 00 _ pertransaction C Shares pertrade 100 Allow Entries to Reverse V Allow entries to reverse an open position Limit Order Fills V When backtesting consider a limit order to be filled only if the market trades through the limit price Bars Required to Test The number of bars required to test this strategy for example if a 50 bar moving average 260 is used in your strategy then the number entered here must be at least 50 Estimated Length of Longest Trade The estimated length in bars of your longest trades for example if the longest trade 260 generated by this strategy may be up to 1 year in duration and you are testing daily bars then the number entered here must be at least 255 Pyramiding Allow Pyramiding multiple entries into same position for example if already in a long position additional long signals can be taken Maximum number of open entr
23. Navigator in the following folder To install to this folder click Nest To install to a different folder click Browse and select another folder Destination Folder C Genesis Browse Y ON fo lt S O D on E O O is oe mt Y D D J D OC D Y D YN cD oT aS _ on Cancel Y ON fo lt S Q D on E O O is oe mt Y D B J o OC D V D YN o oT aS _ on You will need to locate the Customer ID amp Password on the Welcome and Installation letter With the installation complete you are now able to start the Trade Navigator program and will be prompted to enter your account information and register the software To register the software you will need to enter your account information Account Configuration oo fog Congratulations The software was successfully installed and is almost ready for your use we just need to gather a little information first New to Genesis f you have not received a Customer D and Password from Genesis you need to register with Genesis in order to create a new account Simply click the Register button to register over the intemet Just a reminder the free tral is Register with Genesis limited to one per household Already a member of the Genesis family Please enter your Customer ID and Password here ff you do not remember your Customer ID or Password ple
24. O O is oe mt Y D D J D O D Y D NY cD oT aS _ on close Close to be less than Yesterday s close Close 1 and Yesterday s close Close 1 to be less than the previous day s close Close 2 2 AND Wednesday or Thursday Required in addition to the previous conditions that today is EITHER Wednesday or Thursday 3 AND Close Of S I3 201205 lt Close 3 Of SI3 201205 or Close Of SI3 201205 lt Close 12 Of S 3 201205 As we continue down the flow chart each of the preceding conditions must be met before we reach this stage Now we require that the closing price of Silver Close Of SI3 201205 is lower than the closing price of Silver 3 Bonds 3 and 12 days prior Bonds 12 4 BUY at Next Bar Open 0 10 MovingAvg Range 4 STOP Finally after all the above conditions have been met we will place the order to buy tomorrow at the opening price Next Bar Open 10 0 10 of the average range of the last four days WovingAvg Range 4 on a Stop Any editing errors are highlighted in red bold font Diagramming Each Rule can be diagramed from the edit screen The visual display of a flow chart can help you follow the logic of the rule and easily allow you to identify whether the TradeSense matches your thought process TradeSense Diagramming will examine the rule and create a flow chart based on the operators and functions found in the
25. SI3 201205 lt Close 12 Of SI3 201205 Yn ON Oo lt S Q D on E S S 0 is oe mt Y D B J o OC D V D YN o oT 0 tei on Then buy on a Stop Next Bar Open WovingAvg Range 4 0 10 amp New Rule SS Verify Diagram lt 3 Print i CondBuilder el Save At Toolbox C Close Rule Inputs Advanced Block Rule The order will be placed IF the following condition is tue press the space barto access TradeSense IF Glose lt Close 1 And Glose 1 lt Close 2 And Wednesday Or Thursday And Close Of Si 207205 lt Close 3 Of SI3 207205 Or Close Of SIZ 2071205 lt Close 12 Of SI3 2071205 Order to place for Next Bar Action Stop Price Buy if pice gets up to Long Enty BUY Next Bar Open MovingAvg Range 4 0 10 i Order Type Stop Let s break it down further using the diagram Diagram oo Close lt Close 1 Close 1 lt Close 2 Wednesday Thursday Close OF 513 201205 Close Of 513 201205 lt lt Close 3 Of S13 201205 Close 12 Of 513 201205 BUY at Next Bar Open Moving4yg Range 4 0 10 STOP Print z Think of this as a WaterFall diagram if water can fall from top to bottom then the order will be placed 1 Close lt Close 1 and Close 1 lt Close 2 This section of the rule requires today s Y ON fo lt S O D on E
26. Valued Customer Welcome and thank you for your purchase of Trade Navigator Platinum Trade Navigator has been the culmination of years of development with trading strategy designers market educators and of course customers We ve tried to incorporate all of the features you will need for trading system development Trade Navigator will be a powerful tool in your trading toolbox Our focus is on creating the ultimate trading machine for you We love hearing your input If there is something that you would like to see in this or any Genesis product send us an email support tradenavigator com Trade Navigator is a tool that works best with your input and you will guide the software in the creation of your trading strategies A software program is an inanimate object just a bunch of lines of code awaiting your input A hammer by itself does not build a house It is the carpenter that uses the hammer to build the house Ultimately that s what you re trying to do with Trade Navigator You are the carpenter trying to build your financial house with the Trade Navigator Platinum as the hammer So to nail that point down pun intended the success of that tool and products that the tool creates is determined by the quality of the input Strategy trading is not for everyone You will need to evaluate your own risk tolerance and decide if strategy trading meets your investment criteria Trade Navigator Platinum will not make money for you It will
27. equal sign and finally the function or value This must be assigned before the primary function in the formula box Here are examples of assigning a function to a variable and a value to a variable amp open MovingAvg Open 2 amp length 10 Yn ON Oo lt S Q D on E S S 0 is oe mt Y D B J o OC D V D YN o oT 0 tei on We have composed a function using the standard TradeSense to demonstrate this process We will take the following code and choose portions of it to assign to variables which will make it easier to understand 2 Period 1 MovingStdDev Close 5 MovingAvg MovingStdDev Close 5 20 Close 1 2 Period 1 MovingStdDev Close 5 MovingAvg MovingStdDev Close 5 20 Close 1 In this example we will create two variables based upon two parts of the code that duplicate The function becomes easier to read and understand by assigning the variables amp K MovingStdDev Close 5 MovingAvg MovingStdDev Close 5 20 amp A 2 Period 1 When we include the variable functions themselves we can simplify it to the following amp A amp K Close 1 amp A amp K Close 1 Here is what it will look like when you save the function AA Test Function uf ify Print feel Save H Save As Rename Pas Toolbox x Close Category Indicator M See advanced settings Description Usage
28. equity curve is great for providing quick analysis of how a strategy has performed Depending upon your strategy you may see a different Equity Curve between the All Trades Long Trades or Short Trades reports See an example of an Equity Curve on the following page Equity Curve C L Max Drawdown 18 710 00 on 05 26 2011 Longest Flat 1 696 days ending 03 19 2006 N N N N N N N Q Q Q Q Q Q Q O Q O O O _ No Q e oi D wN N Q Q O Legend m Unfiltered Equity m Equity Moving Average m Filtered Equity m Max Intraday Drawdown Profit Per Trade Profit per trade is a graphical representation of your profits and losses with regard to your long and short trades as well as providing an average trade line Profit Per Trade E A Long Trades Short Trades Avg Trade 55 72 E oe i i mi EEL i tim I LIEL LEL S LELEI EOS LILIECI m a mE ijiagg in 2 ig oe ti i 1100 1150 1200 1250 1300 Yn el Oo S lt S Q D on E S S 0 is oe mt Y D S B J o 5 OC D V S D YN o oT 0 tei on Monthly History The Monthly History report shows performance summaries of entry signals by month and year Calculations are based on single unit trading no money management Monthly History by Profit Profit 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 By Year The By Year report shows performance summaries of exit si
29. for the time period and ending balance given Kelly Ratio The creator of this ratio wanted to determine the percent of your total account you could ideally be willing to risk on each trade to maximize your total returns For example if a system shows a Kelly ratio of 25 then it would mean that you could supposedly risk 25 of your account on each trade In reality most people would agree the Kelly ratio provides too high of a number for this purpose maybe cutting it in half might get you closer to a more sane risk level However the ratio can also work well for effectively comparing strategies the higher the number the better Trade Sense Guide Genesis Financial Technologies For example assume Strategy A wins a lot of the time but when it loses it loses big i e it has a high winning wins trades but a low payout ratio avg win avg loss Strategy B however doesn t win very often but when it wins it wins big i e it has a low winning but a high payout ratio Which one is better The Kelly ratio algorithmically combines both the winning and payout ratio to come up with a single number that may be used to compare the effectiveness of two very different systems look for the one with the highest Kelly ratio Since the Kelly ratio works from a purely statistical perspective and does not take into account some other factors that someone might deem important such as the historical max drawdown it is oft
30. image below Rule Name Input Value Optimize From To Step Long Stop Loss Ext Short Stop Lose Stop Loss Amount 500 100 1000 100 Ft Shok Profi Tage Target Amount Fo L 100 1200 100 Y ON fo lt S O D on E O O is oe mt Y D D J D O D Y D NY cD oT aS _ on The From and To columns represent the range of values you want the Optimizer to test The From value must be less than the To value To increment through the range the Step value determines the incremental step of the optimizer s process In the example above the optimizer will initially test with a Long Stop Loss of 100 Next the optimizer increases the test value by one step of 100 Once that step is tested at 200 a second increase of one step will be tested This process will continue until the optimizer has tested the range of values incrementing each time by the Step If more than one input is marked for optimization Trade Navigator will continue the series of tests The more inputs that require optimization and the more incremental steps present for each input and the greater the total number of tests to perform A quick way to determine how many tests will be run is to figure out the number of incremental steps required to go through the range of an input Then multiply that number by the number of incremental steps required to go through the range of another input In the example above we are testing Lon
31. our price so we will use an automatic true condition TradeSense Condition IF True Action for Next Bar Sell at Lowest MovingAvg Close 9 20 Stop Y ON fo lt S O D on E O O is oe mt Y D D J D OC D Y D YN cD oT aS _ on Y ON fo lt S O D on E O O is oe mt Y D D J D O D Y D NY cD oT aS _ on Advanced Create a function called Lowest Average so we can reference that same pattern easily in other functions Click on the Functions section from the Toolbar and click on New Select the category of Price Try to add as much detail in the description so we know exactly what this function is doing Then enter the following in the Function Rules Lowest MovingAvg Close 9 20 Save the function and give it the name Lowest Average You ll now be able to use this pattern by entering Lowest Average as the function instead of the entire conditional string So now we re write the TradeSense to say Condition IF True Action for Next Bar Sell at Lowest Average Stop The advanced method evaluates a trade the same way the conventional option will Trade Navigator does not make any distinctions in the trade evaluation between these two methods Each advanced method has been provided to show you there is more than one way to place a trade For more examples of creating functions please refer to the Creating
32. row Avg of Consec Losses By taking the number of trades in each streak of losing trades and then divide that by the total number of losing streaks that occurred we come up with an average number of consecutive losing trades Avg of bars in losses This is the average length of a losing trade and is based on the period of bars that you test If you are testing 15 minute bars then the average length of a losing trade in this example is 4 70 15 minute bars or a little over an hour and ten minutes If you are testing daily bars then the average length of a winning trade is 4 7 days Individual Strategy Reports Each report is designed to give you a closer look into how your trading strategy is performing By clicking on the name of each additional report you ll be able to negotiate quickly between the various reports available Trades You can view each trade including the Position Type Entry Date Entry Price Exit Date Exit Price Profit or Loss generated by the trades running Net Profit of the System Entry Signal and Exit Signal See figure below Analysis Money Mgt Take the next trade No equity filter applied Summary All Trades a Report Chat Summary Long Trades 1 Summary Short Trades Boni Monthly History Pos Entry E Price Exit X Price Profit Total Profit Net Profit Max Profit By Year z L 0713 2005 07 30 AM 1264 00 07721 2005 07 30 AM 1279 00 715 715 2 870 715 By Month L 08 25 2005
33. strategy will stop us out of the trade if the lowest price in the trade has produced 500 of negative open equity We ve already created the entry rule earlier in this guide so we ll just add a rule by clicking on the Add button From the menu that appears you can select a rule by simply scrolling through the list clicking on the selected rule then click on the Add Copy button New Strategy ee Run Orders El Notes Print f Save Save As Rename XY Wizard FR Toolbox X Close Rules Inputs Data Settings Al Rules Long Enties Long Exts Short Entries Short Exits New Rule Use Alt Signal Name Action Linked Priority Add Rule LEE Since we re going to recreate the rule click on the New Rule button We will enter our TradeSense condition and action information again based upon our Moving Average Crossover rule that we created earlier in this document CONDITION We need to type in the TradeSense for the condition to buy The following text is entered in the Condition Box IF Crosses Above MovingAvg Close 9 MovingAvg Close 15 And Crosses Above StochkK 14 3 25 Y ON fo lt S O D on E O O is oe mt Y D D J D O D Y D NY cD oT aS _ on You ll notice that as you open the New Rule a window of the List of Available functions appears You ll also see that once you ve started typing most of the Crosses Above fun
34. the Microsoft Windows environment and requires the following components as minimum requirements Microsoft Windows XP Service Pack 3 32 bit Windows Vista SP2 Windows 7 SP1 recommended a Dual Core Intel or AMD Processor at 2 5 GHz Quad Core Intel or higher recommended 7 1GB of Ram 4GB or more recommended 7 12GB of Hard Disk space Systems meeting the above requirements should not have any difficulties operating the Trade Navigator Platinum software however no warranty is expressed or implied for compatibility with all systems Genesis Financial Technologies Inc will provide reasonable support to provide an operational product should your system have difficulties operating Trade Navigator Installing Trade Navigator Platinum The installation program is a very quick and simple process Please review the system requirements before opening the software licensing agreements If you are unsure if this program will suit your needs contact our sales team at 800 808 3282 719 884 0244 In order to have a painless installation of the Trade Navigator Platinum software please make sure you have the following items ready and available m Trade Navigator Software DVD ROM 7 Welcome Letter containing a Customer ID amp Password Active Internet Connection to perform software Activation Let s get started Insert the Disc 1 DVD ROM into your computer The installation program will start automatically You w
35. the best fill price is sought Limit Close Only Similar to the Stop Close Only this order type occurs during the closing period of the trading session when market activity is above the desired buy entry price then market price must move down to our buy level in order to be filled Stop with Limit Also known as a Stop Limit Order this order type puts a collar around trading activity and allows you to submit an order that you wish to be filled only between two specific market prices Stop with Limit Close Only Similar to Stop with Limit this order will only occur during the closing period of the market activity Sample Rules As mentioned previously Rules are what is considered the primary components of a trading strategy When you stop and think about it a strategy is nothing without the rules The best way we know how to teach people how to create rules is to go through examples in English and describe how we create them in TradeSense These are examples for your educational usage only and should not be viewed as recommended trading strategies or suggested approaches to trading any financial instrument Example Rule 1 Selling the Average hited i English If tomorrow breaks below the Lowest 9 bar Moving Average in the last 20 bars Sell at the value of the Lowest 9 bar Moving Average in the last 20 bars on a Stop In this case we are not looking for a condition to be true we are simply looking for the market to reach
36. trading day of the week Calculations are based on single unit trading no money management By TDOW by Profit Yn el Oo S Ka Q D E S S 0 is u Y D S B J o 5 O D V S D YN o oT 0 tei on By TDOM The TDOM report shows performance summaries of entry signals by trading day of the month Calculations are done based on single unit trading no money management By TDOM by Profit 15 000 Profit 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 By TDOY The TDOY report shows performance summaries of entry signals by trading day of the year Calculations are based on single unit trading no money management By TDOY by Profit 5 000 4 000 3 000 2 000 1 000 Profit 1 000 2 000 3 000 4 000 By Week Day The By Week Day report shows performance summaries of entry signals by week day Mon Tue etc Calculations are done based on single unit trading no money management By Week Day by Profit Monday Tuesday Wednesday Thursday Friday By Entry Signal The By Entry Signal report shows performance summaries by entry signal name Calculations are based on single unit trading no money management By Entry Signal by Profit Profit 0 25K 50K 75K 100K Moving Avgerage Crossover Bullish Momentum Entry Selling the Average Yn el Oo S lt S Q D E S S 0 is oe mt Y D S B J o 5 O
37. way to create a rule A function can only be truly useful if you plan to repeatedly use the pattern or expression that the function represents Condition IF Open 1 gt Close 1 and Open 1 Close 1 gt Range 1 0 50 and Close 1 lt High Range 0 50 and Open lt Close 1 and Abs Open Close lt 3 Tick Move Yn ON Oo lt S Q D E O 0 is oe mt Y D B J o O D V D YN o oT aS _ on Yn ON Oo lt S Q D on E O O is oe mt Y D B J o OC D V D YN o oT 0 _ on Action for Next Bar Buy at Market New Rule fo 3 es y Verify Diagram a Print by CondBuilder Ei Save Toolbox x Close Rule Inputs Advanced Building Black Rule Condition The order will be placed IF the following condition is tue press the space bar to access Trade Sense if Open 1 gt Close 1 and Open 1 Close 1 gt Rangel 0 50 and Close 1 lt High Range 0 50 and Open lt Close 1 and Abs Open Close lt 3 Tick Move Onder to place for Next Bar Action a High 1 High Stop and Limit Long Entry BU orders filled iz opeet ai on the Next Bar Market On Close and Close Only Close 1 Market order orders filled at w Order Type LOR J l et n Next Bar Close Market r Words and phrases in bold appear as they should when creating an expression Previous Bar Last COMPLETE Bar Bar to Trad
38. whether or not the strategy is verified The Strategies button also offers the ability to create a new system edit remove produce studies and print or view any orders generated by the strategies To create a new strategy refer to the section on strategies in this text In order to test a strategy you must click on the edit run option This will bring up the edit window for the particular strategy allowing you to run a performance report of historical trades or to modify and edit the strategy as needed Y ON fo lt S O D E O 0 is oe mt Y D D J D O D Y D YN cD oT aS _ on sec Baskets Strategy Baskets are a grouping of strategies This can be the same strategy setup to run on a number of different markets or a number of different strategies running the same market and combinations thereof Creating a Strategy Basket allows for a great deal of flexibility To create a new Strategy basket refer to the section on strategy baskets in this text lt Library A package of functions rules and or strategies is called a library Libraries allow you to group functions rules and strategies based on particular systems concepts or simply for convenience With handy features like importing and packaging you can easily maintain and transfer libraries You may obtain libraries from strategy developers from special trading packages or from our website and software updates By
39. 0 06 30 2011 a1 48 7 28 1 34 E 59 a Z Example Strategy ES 067 60minute 01 01 1980 06 30 2011 47 8 46 22 24 1 34 715 28 5 535 715 Trade Sense Guide Genesis Financial Technologies The Strategy Basket Run window shown in the example on the previous page offers the ability to select the test for which we want to view results or to view a Merged Report with results from all the tests performed Strategy Baskets open up a great opportunity to test multiple ideas or even the same idea against several different markets at the same time Creating Libraries Libraries Available only in the Platinum version of Trade Navigator The Libraries feature provides a method for importing and exporting strategies rules and functions for use on another computer with Trade Navigator installed or to save them to another location as a backup a Symbol Groups z Criteria ga Filters fa Functions E Rules e Strategies a Strategy Baskets H Libraries LIBRARIES to package a set of tools for importing or exporting New Library Author Last Modified Batter Up II Genesis Financial Technologies 10 30 2007 10 31 AM Edit Candles Genesis Financial Technologies 05 17 2011 06 55 PM CCI Trader Genesis Financial Technologies 01 26 2006 03 11 PM Delete Channel Trading Methods Genesis Financial Technologies 11 22 2011 01 46PM 5 Darvas BOX Genesis Financial Technologies 03 12 2008 02 15 PM Import Genesis Extended Functions Genesis F
40. 00 0 535 0 535 0 00 0 00 535 1 535 535 5 00 Day 06 2 0 00 0 535 0 535 000 000 535 2 535 1 070 50 00 Day 07 1 0 00 0 535 s0 535 000 000 535 1 535 535 2 00 Day 08 2 50 00 715 535 715 535 134 1 34 90 1 535 180 49 00 Day 09 1 0 00 0 535 so 535 0 00 0 00 535 1 535 535 6 00 By Entry Signal Day 10 1 100 00 715 0 715 0 715 00 999 00 715 0 0 715 24 00 By TDOW The TDOW report shows performance summaries of entry signals by trading day of the week Calculations are done based on single unit trading no money management Take the next trade No equity filter applied Report Chat Day 02 805 38 26 548 277 628 315 198 1 23 39 13 535 31 063 10 49 Day 03 776 40 21 534 319 623 359 168 1 13 24 10 535 18 890 10 23 Day 04 37 80 581 236 640 35 1 119 36 15 535 29 150 9 64 Day 05 618 41 91 565 293 632 345 192 139 s66 10 535 40 920 10 17 By TDOM The TDOM report shows performance summaries of entry signals by trading day of the month Calculations are done based on single unit trading no money management Analysis Money Mgt Take the next trade No equity filter applied By Year a Report Chat By Month By Week By Day By TDOW week Day Day 03 165 3273 505 302 618 337 167 081 38 10 535 6 263 10 65 Seea Signal Day 04 139 41 73 565 316 638 344 179 128 s52 9 535 7 198 9 68 eed Day 05 159 40 88 536 255
41. 128 Y Y N 40 4 966 390 576 1 34 722 65 7 539 1 215 1 410 28 598 0 91 30 37 013 ig N Y 39 5 2 249 en be z 68 6 eso 2 728 1 410 62 878 gt _ 85 410 N N Y 40 5 2 174 66 ie h 2 728 s 57 140 ee a NIN 478 46 a a a sns 285 S535 snis saa 2890 123 seal 83 380 Column Profit Factor Profit factor Optimization Column Profit Factor Total Tests 8 Example Strategy Data From 06 11 1998 Data To 06 30 2011 Symbol ES 067 Select the column for which the Optimizer sorts the results by clicking on the column header Click on the header once and the values will be sorted in ascending order Click the header a second time and the column is re ordered in descending order The Optimizer will remember your last sorting column Settings for the Optimizer While the Optimizer is displayed click on the Settings button on the Top Navigation bar This box displays the columns of statistics that will be displayed during an optimization run The checkbox marks the statistic to be hidden in the optimization report To display an option remove the checkmark from the box labeled Hide You can also filter the statistics to eliminate unwanted tests that do not meet your minimum requirement For example if you are not interested in strategies with a winning percentage of less Yn ON Oo lt S Q D on E O O is oe mt Y D B J o O D Y D
42. 3 535 3 608 661 e Day 179 14 28 57 715 349 715 384 205 0 82 45 8 535 628 10 79 Day 180 14 2143 715 385 715 411 186 051 149 8 535 2 090 6 36 PS Day 181 6 5000 715 281 715 335 255 255 217 3 535 1 303 15 00 Win Trend Analysis Day 182 16 43 75 440 395 622 400 1 11 087 30 5 535 473 14 38 By Week Day Takes every trading day of the week and produces reporting information You will find Number of Trades Winning Percentage Average Winning Trade Profit Loss Ratio Return Percentage Average Trade Net Profit of the system Drawdown Consecutive losing trades and the largest losing trading Analysis Money Mgt Take the next trade No equity filter applied Summary All Trades a Report Chat Summary Long Trades Summary Short Trades By Week Day Trades Monthly History Week Day Trades WinPct Win Avg LossAvg RunUp RunDn P L P F AvgTrade C L MaxLoss Profit Avg Bars By Year z Monday 5 80 00 715 535 715 535 134 535 465 1 535 2 325 32 00 By Month Tuesday 6 33 33 715 535 715 535 1 34 0 67 118 3 535 710 27 00 By Week Wednesday 13 53 85 715 535 715 535 134 156 138 2 535 1 795 52 08 By Day Thursday 15 46 67 715 535 715 535 134 1 17 48 3 535 725 41 27 By TDOW Friday 7 2857 715 535 715 535 134 0 53 178 5 535 1 245 12 71 By TDOM By TDOY By Entry Signal By Entry Signal One of our most frequently used this report allows you to examine each entr
43. 53 Y Y 344 4347 1497 2 850 1 64 548 88 6 334 2 728 1 410 132 258 0 86 30 142 873 Column Test Test Number Optimization Column Test Total Tests 8 Example Strategy Data From 06 11 1998 Data To 06 30 2011 Symbol ES 067 Each of the columns can be sorted Click on the column header to sort the column in descending order Click on the column header again to sort the column in ascending order The Reports button will display complete Performance Reports for the study tested Optimization of Inputs In order to find a favorable strategy a great deal of testing is often required Trade Navigator can optimize values like variable inputs and stops To optimize stops or variable inputs we go to the Strategy Manager Click on the Strategies button from the ToolBar or the Trader s ToolBox Navigation bar Select the strategy you would like to optimize and click on the Edit button This takes you to the Strategy so you can edit it Next click on the Inputs tab Rule Name Input Value Optimize Bat Long Stop Loss Edt Shot Stop Lose 20P Loss Amount 500 Edt Long Profit Target Target Amount 750 o Edt Short Profit Target For a strategy with inputs each input will be listed You ll note the column on the far right in the image above is labeled Optimize Click on the check box for each input you wish to optimize Once inputs have been selected columns appear for From To and Step as seen in the
44. 69 2 32 744 676 2 23 6 consecutive wins 73 836z 689 2 15 78 4 685 2 11 7 consecutive wins 61 86 9 714 2 40 80 3 691 2 19 Proft Sko Anaya 8 consecutive wins 53 86 8 716 244 811 690 2 14 Win Trend Analysis 1loss 2350 37 7 536 194 37 3 529 1 91 TE ye a 2 consecutive losses 1465 37 7 527 2 01 36 5 517 1 96 3 consecutive losses 912 37 0 509 2 04 349 508 2 00 oe Consecutive Me 4 consecutive losses 575 362 496 205 334 500 202 Statistic to chart win Pet E samana dhoca lee E 14 1 Sann Ain 1 ce ecnn Ane Profit Size Study This report shows an analysis of what happens after various size wins occur and their frequency Analysis is based on single unit testing with no money management Analysis Money Mat Take the next trade No equity filter applied By Year a Report Chat By Month By Day By TDOW Fa alt Fleas Count The Next Trade Next 5 Trades By TDOM Win AvgWin PL Ratio Win Avg Win PL Ratio By TDOY Trades of 1 800 to 1 500 occur every 0 0 trades 0 0 0 0 0 00 0 0 0 0 00 By Week Day Trades of 1 500 to 1 200 occur every 0 0 trades 0 00 0 0 00 0 0 0 0 00 By Entry Signal a Trades of 1 200 to 900 occur every 0 0 trades 0 00 s0 000 00 0 0 00 By Exit Signal Trades of 900 to 600 occur every 0 0 trades 0 00 0 000 00 0 0 00 a Trades of 600 to 300 occur every 2 8 trades 1006 36 8 724 192 34 5 718 2 03 ae ae Trades of 300
45. Libraries Fas Select item to edit 65 Symbol Groups Fi Criteria eh Filters fe Functions Pa Rules ey Strategies Strategy Baskets iii Libraries FUNCTIONS expressions which can have inputs can be used in indicators criteria rules etc Tree Show Favorites Only New La Library Category 08 25 2000 04 58 PM ot om Function Trading Days Left In Month Trading Minutes PerBar Genesis System Functions Calendar 01 26 2006 03 15 PM Tuesday Genesis System Functions Calendar 01 07 2004 01 16 PM Delete Wednesday Genesis System Functions Calendar 01 07 2004 01 17 PM WeekOfMonth Genesis System Functions Calendar 4 27 2005 02 36 PM Export Year Genesis System Functions Calendar 01 07 2004 01 17 PM jose w YearMonthDay Genesis System Functions Calendar 05 07 2005 11 07 AM Tick Volume Genesis System Functions Data 06 13 2002 02 47 PM Accumulation Distribution Genesis System Functions Indicator 05 27 2000 02 57 PM ADOsc Genesis System Functions Indicator 05 24 2000 10 57 PM ADX Genesis System Functions Indicator 05 18 2002 11 43 AM ADXmod Genesis System Functions Indicator 05 18 2002 11 45 AM ADXR Genesis System Functions Indicator 05 18 2002 11 43 AM AMA Genesis System Functions Indicator 06 15 2003 11 46 AM OOOOUOOUOOUOOUOOO Usage Trading Days Left In Month Description The number of trading days left in the month including the current bar i e will retum 1 for the last trad
46. Sense technology becomes apparent when we begin to create and work with our own functions A function as we described earlier is meant to be an easy way to reference a mathematical expression a combination of existing functions or an expression of price A function is a short cut of sorts To create a function click on the Function button on the Trader s Toolbox Navigation button or if you have it on your Top Toolbar then click on the new button You will be prompted for the name of the function you would like to create You must also select the category of the function Below is a description of category types BarsAgo This category is for Functions that return either the number of BarsAgo or a specific bar in a day Calendar This category is for Functions that reference components of a calendar such as months years and or trading days Candlesticks Specific price patterns to create a function that identifies a known candle stick formation Data This category is for Functions that either return a value in a data file for a given contract security or are used to reference data in a text file or spread sheet Fundamentals This category is for Functions that are based upon the information that contributes to the economic and financial valuation of a company security or currency Most Fundamental Functions are based around equities or stocks data Indicator This category is for Functions that carry the characteristics
47. This report shows an analysis of consecutive win and loss streaks and what happened on subsequent trades Analysis is based on single unit testing with no money management Consecutive Trades Study by Win Pct C Win Pct Next Trade Win Pct Next 5 Trades 040 045 050 055 060 065 070 075 0 80 0 85 090 1 win 2 consecutive wins 3 consecutive wins 4 consecutive wins 5 consecutive wins 6 consecutive wins 7 consecutive wins 8 consecutive wins 1 loss 2 consecutive losses 3 consecutive losses 4 consecutive losses 5 consecutive losses 6 consecutive losses 7 consecutive losses Profit Size Analysis This report shows an analysis what happens after various size wins occur and their frequency Analysis is based on single unit testing with no money management Profit Size Analysis by Win Pct Next Trade Next 5 Trades 0 25 050 0 75 1 00 Trades of 1 800 to 1 500 occur every 0 0 trades Trades of 1 500 to 1 200 occur every 0 0 trades Trades of 1 200 to 900 occur every 0 0 trades Trades of 900 to 600 occur every 0 0 trades Trades of 600 to 300 occur every 2 5 trades Trades of 300 to 0 occur every 2 4 trades Trades of 0 to 300 occur every 8 5 trades Trades of 300 to 600 occur every 52 5 trades Trades of 600 to 900 occur every 2 4 trades Trades of 900 to 1 200 occur every 56 9 trades Trades of 1 200 to 1 500 occur every 184 7 trades Trades of 1 500 to 1 800 occur every 0 0 trades Trades o
48. Trade AvgWin 10 09 Related to the Report By TOOY Percent inthe Market 2 6 Optimal f 0 09 f d ei Avg of Bars in Trade 44 31 Z Score W L Predictability 76 ein g viewed By Entry Signal v Avg of Trades per Year 4 0 Curent Streak 1 Losses pan aa alue Monthly Profit Analysis Emid e o ummary All T 5 as e e Posti E All rad Average Monthly Profit 24 Monthly Sharpe Ratio 0 02 Disp la y Options eee A races Std Dev of Monthly Profits 356 Annualized Shape Ratio 0 08 From date 04 15 2002 W Adiust opti 01 05 2011 a i JUST OPTIONS nni as 999 E to suit to your needs ignore trades gt 39 999 999 Levinas id ee pe Gross Profit 12 155 Gross Loss 9 630 0 Average Win 715 Average Loss 535 wale Lie Largest Win 715 Largest Loss 535 Largest Drawdown in Win 410 Largest Peak in Loss 503 Avg Drawdown in Win 225 Avg Peak in Loss 156 Avg Run Up in Win 715 Avg Run Up in Loss 156 Avg Run Down in Win 225 Avg Run Down in Loss 535 Most Consec Wins 3 Most Consec Losses 5 Avg of Consec Wins 0 85 Avg of Consec Losses 0 90 Avg of Bars in Wins 55 29 Avg of Bars in Losses 33 94 Y ON fo lt S O D on E O O is oe mt Y D D J D O D Y D NY cD oT aS _ on Performance Summaries The Performance Summary display can be broken down into four sections Overall performance Winning Trade
49. a Function section of this manual Example Rule 2 Buying on the Break English If this is the first occurrence of the current high of the day so far being greater than the daily high of yesterday and the lowest low of the day so far being less than the low of yesterday then we want to buy at the high of yesterday plus one tick TradeSense Condition IF Occurrences Lowest Low LastBarOfDay 1 lt Low Of daily And High gt High Of daily LastBarOfDay 1 1 And Lowest Low LastBarOfDay 1 lt Low Of daily And High gt High Of daily Y ON fo lt S Q D on E O O is oe mt Y D B J o OC D V D YN o oT aS _ on Action for Next Bar Buy High Of daily Tick Move Stop Advanced Reduce text clutter and create a rule using Variable Functions We go to our Variable Function to make the Rule easier to read and understand Let s start with the Break portion of our code amp Break Lowest Low LastBarOfDay 1 lt Low Of daily And High gt High Of daily You ll now be able to use amp Break instead of entire condition string So now we re write the TradeSense to say Condition amp Break Lowest Low LastBarOfDay 1 lt Low Of daily And High gt High Of daily IF Occurrences amp Break LastBarOfDay 1 1 And amp Break Action for Next Bar Buy High Of daily Tick Move Stop amp New Ru
50. ab The inputs tab allows you to test a range of values for a given input You can check the Optimize box and then set the range of values you wish to test This will run the Optimizer and allow you to choose the value you would like to use for the input you have optimized Optimizer The Use Values button sets the values in the selected test to be used the next time the strategy is used Date Range to Test From within the data tab set a specific date range to use in testing the strategy Settings tab The Settings tab allows you to set values to use in the strategy such as Fees Number of Shares Bars Required to Test and Estimated Length of Longest Trade The Settings Tab also allows you to set up Pyramiding in the strategy Testing a Strategy Before you start Once you have created your strategy you can begin evaluating the capabilities of the strategy Creating a successful trading strategy involves homework The homework involved requires more than the initial ideology used for creating the strategy Homework should also be done with the performance report We ll start with a strategy created in the previous chapter To find the performance of this trading idea you might consider going through a quick checklist before you test your trading strategy Do you have Entries checked to use These can be either Long or Short signals Even though a rule is listed in the strategy if the Use box is not checked the rule will not b
51. ase call GenesisFT at 800 808 3287 Customer ID Data Service 001 Password The Customer ID represents one of three components used in the security of the software The registration of the software is sold and licensed to one individual With this secured registration your strategies will be specific to your Customer ID and will allow you to install and use the software ona separate computer in the event of a crash as long as you have made an archive and you are using the same Customer ID and password Trade Sense Guide Genesis Financial Technologies Using Trade Navigator Platinum Defining some essential components will keep us all on the same page The opening screen of Trade Navigator Platinum displays for you just as the normal Trade Navigator versions with top and side navigation bars The top navigation bar allows us to go to the specific functionality components of the Navigator Platinum Top Tool Bars The top tool bars allow you to enter a specific work area The buttons on the bar help you to go to the specific Platinum related areas and allow you to do targeted functions They can also be customized to show only the areas you use most We will cover the Trader s Toolbox in detail BShrader s Toolbox The Trader s Toolbox allows us to navigate to tools unique to Trade Navigator Platinum For the purpose of this document we will focus on Functions Rules Strategies Strategy Baskets amp
52. ategies The strategy that we re going to create in this example is for education purposes only We do not condone or recommend the use of this strategy for trading or investment purposes All trading ideas contained within this document are for educational purposes only Creating a strategy 1 Click on the Trader s Toolbox icon 2 Select the Strategies tab 3 Click the New button 4 Click Add Rule to add rules or New Rule if you wish to create a new rule s for the new Strategy See Creating a Rule for how to create a new rule 5 Select the rule or rules you wish to add 6 Click the Add Copy button 7 Click the Data tab to select the data to use in the Strategy 8 Click on the Symbol Lookup button 9 Select the Symbol you wish to use 10 Click OK 11 Click the Save button 12 Type in the name you wish to call the Strategy 13 Click OK Running a Strategy 1 Click on the Trader s Toolbox icon 2 Select the Strategies tab 3 Select the Strategy you wish to run 4 Click the Edit button 5 Click the Run button Let s walk through the creation of a strategy From the main Trade Navigator Menu click on the Strategies button from the Navigation Bar on the left Since we want to create a new Strategy click on the New button and a strategy menu will appear Before starting work on adding your Rules and settings you can Save and enter a name for this strategy For our example we ll call this strategy
53. clicking on the Libraries button you will see a list of the current libraries that have been imported into Trade Navigator The list of libraries will display columns for the name of the Library the author of the library and date the library was last modified The Library navigation button allows you to find pertinent information about each library author website contact information etc It is from this location or from within the File Menu that you can import additional trading libraries received from other users or other computers Sorting With each navigation button you will be taken directly to the feature selected You can sort each selection by clicking on the column header This button will sort the items within the column in descending order By clicking on the column again you will reverse the sort order To find a particular item you can click on any name in the list and then begin type the name of the item you are trying to find When you begin typing the software will begin to jump you through the list to find a particular item that matches what you are typing The software will only jump to a match in the name column With each navigation button or tab you will find side navigation buttons to open a new item edit an existing one or remove an existing item CAUTION Removing an item from these menus will permanently delete the item Y ON fo lt S O D on E O O is oe mt Y D D
54. ction Long Entry BU Y a High Order Type Stop Stop Price Buy if price gets up to Diagramming Diagramming the rule is an excellent way to visually inspect the flow of the price evaluation Consider the diagram like a cascading flow of water The goal is for the water to get to the bottom starting at the top and find openings to flow downward In more complicated rules this diagramming can be essential in validating your conditions For the simple example that we ve created the water flows to the 9 bar moving average of the Close crossing above the 15 bar moving average of the close When that is true the water will flow to the next level The next level is the Stochastic K value must cross above 25 If the cross never happens then water cannot continue After that the water must wait for the Price on the next bar to reach the current day s High value Please refer to the Rule Diagramming section from earlier in this document Y ON fo lt S O D on E O O is oe mt Y D D J D OC D Y D YN cD oT aS _ on Diagram Moving Average Crossover Crosses Above Moving4g Close Avg Movingdyg Close Avge Crosses Above Stochk 14 3 Value EUY at High STOP j az Think of this as a WaterFall diagram if water can Dose Fall from top to bottom then the order will be placed Save the rule provide a name click ok and close the ru
55. ction it finds the function that matches what you re typing Once the TradeSense has highlighted the function that you want you can complete typing the function or press the Tab or Enter key to accept the function You can also copy and paste most code text you receive from others into the Condition fields Order to Place for Next Bar E Mew Rule d Verify Diagram a Print n CondBuilder mg Rule Inputs Condition The order will be placed IF the following condition is true pres List Functions El Category lt ALL gt New Function Crosses Above Crosses Below Crush Spread CurulativeS um Indicates when one indicator crosses above a second indicator After you ve typed in the Condition we need to enter the action to take Inside the frame for Order to place for next bar click in the option for Buy and change the order type to Stop You ll see a window that appears with the title Stop Price buy if price gets up to Inside that box we need to enter the price at which the strategy should buy We ll enter the text High and click Verify If you ve entered the rule successfully the software will not display any error messages In this case no news is good news Once the rule has been verified you can either save the rule or diagram the rule There are several options for order types Remember that all orders are placed for the Next Bar following bar Order to place for Next Bar A
56. d at no cost except for the costs of shipping which will be paid by the purchaser Genesis Financial Technologies Inc its licensers affiliates employees and agent shall not be liable for any incidental consequential or punitive damages or other damages losses or claims in any way connected with or arising out of any service equipment or product provided Genesis supplies commodity stock and related data to customers for their own enjoyment and informational purposes We do not advise customers on how to use or analyze the data and we do not assume any responsibility for customer use of the data Your sole and exclusive remedy in the event of defect are expressly limited to replacement of the diskette provided that the diskette has not been abused in any way This limited warranty constitutes your sole and exclusive remedy and the sole and exclusive liability of Genesis and is in lieu of all other warranties express implied or statutory including but not limited to any implied warranty of merchantability or fitness and all other obligations or liabilities of the seller In no case is Genesis liable for special incidental consequential or indirect damages or for lost data You may have other rights which vary from state to state this limited warranty gives you specific legal rights Trade Sense Guide Genesis Financial Technologies Table of Contents Introduction Letter from Glen Larson A Few Words from the Author G
57. e Equity is not below 30 trade simple moving average Analysis Money Mat Standard Money Management Fixed Fractional Fixed Ratio Williams Risk Ratio Trades C Monthly C Yearly Pos Entry Date Ext Date Risk Average Loss Profit Units Total Profit Balance Equity Dip a Long 10 05 2005 07 30 AM 10 05 200512 30PM 10 09 535 535 10 5 350 60 130 22 86 Long 03 29 2006 05 30 AM 04 05 2006 03 30PM 10 09 535 715 3 6 435 66 565 22 86 Long 05 12 2006 02 30 AM 05 12 2006 10 30 AM 10 09 535 535 10 5 350 61 215 22 86 Long 06 21 2006 11 30 AM 06 27 2006 03 30PM 10 09 535 535 3 4 815 56 400 22 86 Long 07 07 2006 01 30PM 07 07 2006 03 30 PM 10 09 535 535 5 4 815 51 585 27 17 Long 05 22 2007 06 30AM 05 24 200711 30AM 10 09 535 535 8 33 21 Long 07 18 2007 08 30 AM 07 18 2007 12 30 PM 10 09 535 535 7 38 50 Long 10 22 2007 10 30AM 10 22 2007 01 30PM 10 09 535 715 6 38 50 Long 11 22 2007 06 30 AM 11 23 200712 30PM 10 09 535 715 7 38 50 _ ae Z llong 12 12 2007 05 30AM 12 12 200709 30AM 10 09 535 S715 8 38 50 SERS Standard Mon Long 01 09 2008 06 30AM 01 09 2008 12 30PM 10 09 535 535 9 38 50 Ase Pat Kelly Ratio Long 02 26 2008 12 30PM 02 28 2008 11 30AM 10 09 535 535 0 38 50 Base Risk on AverageLoss 009 535 535 38 50 Max units 10 ai 535 715 38 50 Beginning balance 50 000 ong 3 35 3 a 50 View By Trade znl Mons 5 35 53 38 50
58. e 1 0 50 and Close 1 lt High Range 0 50 and Open lt Close 1 and Abs Open Close lt 3 Tick Move Now that we know what we want the function to identify the function can be created From the Function Menu click on the New button and select the category of Candlesticks Use a description that will help you identify what your intention was for this function Now enter the TradeSense fin Bullish Doji Star Function e Verify Get Print Save il Save As Fra Rename Toolbox x Close Category Candlesticks See advanced settings Description Bulish Doj Star Candlestick pattem Created without variable values Usage Bullish Doji Star Function Inputs Enter formula for Function press Space Barto access TradeSense Open 1 gt Close 1 And Open 1 Glose 1 gt Range 1 0 50 And Close 1 lt High Range 0 50 And Open lt Close 1 And Abs Open Close lt 3 Tick Move Once we have the information added the way we want click on Verify At this point any errors will be reported If there are no errors click on Save Last there will be a prompt to enter the name This function is now ready to use For this first example we ll show you the differences between writing out the complete TradeSense in the rule versus using the newly created function in TradeSense The first rule using all the TradeSense required to enter a Buy Signal for this pattern is below This is the conventional
59. e 10 to 20 of the last 15 trades are Wins 178 348 433 232 299 443 217 By Entry Signal t 20 to 30 of the last 15 trades are Wins 968 30 8 476 209 318 470 2 08 eae I 30 to 40 of the last 15 trades are Wins 623 356 511 183 372 508 1 83 Sree 40 to 50 of the last 15 trades are Wins 1146 428 564 176 41 0 579 1 79 y 29S 50 to 60 of the last 15 trades are Wins 404 37 4 597 160 40 5 581 1 63 Cc Ti ee eee 60 to 70 of the last 15 trades are Wins 318 45 9 643 174 46 2 620 1 63 dont a 70 to 80 of the last 15 trades are Wins 53 64 2 583 225 67 9 598 2 17 80 to 90 of the last 15 trades are Wins 36 722 626 198 70 6 653 225 90 to 100 of the last 15 trades are Wins 31 839 693 165 742 712 1 87 ltem Value a Money Management Reports Money Management reports provide various ways to increase or decrease the results based on the number of units traded risk variables or Money Management concepts Each Display Option is only covered once and may not be found within other Money Management Styles As with the other reports we ve covered previously we can see the individual transactions or the trades It gives us a slightly different report based upon the Risk type used and reflects a percent as well as the number of units that were traded Example Strategy Performance Reports Run 10 11 2012 10 43 33 AM on ES 067 2 e amp Print E Fields Ce Equity Filter SE Cancel Take the next trad
60. e included in the evaluation Do you have Exits checked to use If you are going to enter a trade you are most certainly going to exit Your exit could be a separate rule unto itself a profit target or trailing stop Did you add Stops or Profit Targets These are optional exits We generally recommend trading with the use of stops For as much as anyone believes in their trading ideas there s always the opportunity that the market won t cooperate and just having a Profit Target may not exit depending upon market movement Do you have the correct market data selected Make sure you are testing the market for which the system was designed This is not to say that you can t develop a bond system and test it on corn just make sure the market is correct for the market you wish to evaluate Are you testing the correct range of data You can change the range of dates to be tested This is optional as well For some tests you may want to see how a rule has performed during a segment of time Are you going to account for slippage and commissions Slippage is designed to allow for market activity You may call your broker and place an order to buy Corn at 198 but because of the market activity you may be filled at 199 even Corn is a market where slippage is not very common but other markets due to liquidity can have significant slippage Commissions are the cost of doing business with any brokerage service Slippage and c
61. e incremental steps tested for the first input l 2 Input 2 is not shown but would if we had a second input and it s incremental steps that were tested By clicking on the value in the column the rule name and input is displayed in the information box in the lower left corner circled in the following example Yn On fe c K O D E Q S is oe mt Y D o O D 5 O V c o YN D ge 8290 1 111 7 179 409 971 131 2 640 S648 346 325 42 6 019 1372 4647 258 541 95 9 210 2728 798 232 103 39 5087 1459 3628 204 545 935 267 2728 1 410 173 833 34 4620 1491 3 129 1 78 547 90 1 30 2728 1410 145 088 31 3 837 1455 2382 141 547 894 388 2490 1 860 128 383 33 4347 1497 2850 164 548 886 334 2728 1410 132 258 0 86 30 3 895 1 467 2 428 1 43 548 89 3 383 2 490 1 860 124 950 087 32 4 177 1500 2677 155 548 885 354 2653 1 660 125 320 0 87 30 374 3966 1485 2481 146 548 864 375 2490 1 860 117 048 0 87 30 36 9 4053 1 497 2556 150 549 849 365 2490 1 660 111 243 0 88 27 1 2 3 4 0 5 5 6 8 7 JHE ETES A Total Tests 10 Example Strategy Data From 06 11 1998 Data To 06 30 2011 Symbol ES 067 The selected was 900 in the I 1 column In the example above we can see that I 1 represents the Long Stop Loss Stop Loss Amount Finally
62. e is Next Bar Now let s look at the same rule using the function that we created You ll note that as you begin entering the condition the function Bullish Doji Star is identified as TradeSense searches through it s list of functions It stops looking for a match when Bullish Doji Star is found New Rule ece CE fmt y Verify Diagram a Print S CondBuilder f Save Fa Toolbox x Close Rule Inputs Advanced Building Block Rule Condition The order will be placed IF the following condition is tue press the space bar to Trade Sense If bullish dol List Functions Bull Power Last COMPLETE Bar Bar to Trade is Next Bar Bullish 3 High Stop and Limit Bullish Divergence orders filled N Bullish Divergence SP on TICK Open on the Next Bar f Market On Close Bullish Cop Star and Clase Only Market jiii orders filled at filled at Next Bar Oo Next Bar Close Y ON fo lt S O D on E O O is oe mt Y D D J D OC D Y D YN cD oT aS _ on Having typed of the function name TradeSense stops on Bullish Doji Star press the Enter key and the rest of the name is completed Now the rule can be simplified with the complete TradeSense rule of Condition If Bullish Doji Star Action for Next Bar Buy at Market We can take the function one step further by using a variable input to adjust and test for differences such as Number of t
63. en just one of a number of things that a person will want to look at when comparing strategies Optimal F This provides results in the Optimal F value for the particular strategy also only a recommendation of the account balance to be risked More detail behind the Optimal F can be found online and ina number of books related to evaluating trading results to find the best ratios Z Score W L Predictability This value is calculated to show the strategy s tendency to win or lose in streaks Current Streak Current Streak provides the number of most recent trade wins or losses for example two winning trades in a row Monthly Profit Analysis Average Monthly Profit Shows what the average monthly profit of the strategy would be Std Dev of Monthly Profits Shows how much variation exists from the average or mean value A low Standard Deviation of Monthly Profits indicates that the monthly profits tend to be very close to the mean monthly profits whereas high deviation indicates that the monthly profits are spread out over a large range from large profits to minimal profits Standard Deviation of Monthly Profits is used as a measure of the risk associated with profit fluctuations of a given strategy Monthly Sharpe Ratio The Monthly Sharpe Ratio measures the excess return or risk premium per unit of deviation in a trading strategy by month typically referred to as risk and is a deviation risk measure When comparing strategies
64. etting Started System Requirements Installing Trade Navigator Platinum Using Trade Navigator Platinum TradeSense Language Logic of TradeSense Operators Referencing Previous Bars Using Variable Inputs Order of Operation Diagramming Creating a Function Example Function 1 Candle Stick Pattern Bullish Doji Star Example Function 2 Bullish Momentum Rules Order Types Sample Rules Example Rule 1 Selling the Average Example Rule 2 Buying on the Break Example Rule 3 Moving Average Crossover Basic Strategy Building Strategies Creating a Strategy Running a Strategy Order to Place for Next Bar Diagramming Fine Tuning a Strategy Testing a Strategy Before You Start Results of the Strategy Performance Summaries Overall Performance Monthly Profit Analysis Winning Trades Yn ON Oo lt S Q D E S 0 is oe mt Y D B J o O D V D YN o oT 0 tei on Losing Trades Individual Strategy Reports Money Management Reports The Optimizer Optimize by Alternating Rules Optimization of Inputs Settings for the Optimizer Creating Strategy Baskets Creating Libraries Closing and Contacts 54 55 60 73 73 74 75 77 79 81 Y ON fo lt S O D on E O O is oe mt Y D D J D OC D Y D YN cD oT aS _ on Introduction A Letter from Glen Larson President Genesis Financial Technologies Inc Dear
65. evaluate conditions in the marketplace for you by testing various buy and sell rules that you create or by using a library supplied by another company or individual There is significant risk involved in trading futures equities options or any other financial instrument Past results are not indicative of future results Always use risk capital when funding a speculative account From the staff at Genesis Financial Technologies Inc and from me our best wishes to you on your financial journey Good luck and good trading Glen J Larson Y ON fo lt S O D on E O O is oe mt Y D D J D OC D Y D YN cD oT aS _ on A few words from the authors Our favorite aspect of this business is customer service We receive tremendous satisfaction from providing answers and solutions to our customer s needs Our goal in creating this manual was to create a technical manual that anyone can read and understand We know the software and processes intimately and thus have faced the daunting challenge of writing an easy to follow document Let us know how we did Like so many things that happen at Genesis it is our customers that come up with the best ideas When we implement customer requests and ideas everyone that uses Trade Navigator benefits As a result Trade Navigator is always being improved added to and updated This ongoing process means that manuals and documentation are missing
66. f 1 800 to 2 100 occur every 505 0 trades Win Trend Analysis The Win Trend Analysis report displays an analysis of what happens after various winning streaks Analysis is based on single unit testing with no money management by Win Pct Win Pct Next Trade Win Pct Next 5 Trades 0 3 0 4 0 5 0 6 0 7 0 8 0 to 10 of the last 15 trades are Wins 10 to 20 of the last 15 trades are Wins 20 to 30 of the last 15 trades are Wins 30 to 40 of the last 15 trades are Wins 40 to 50 of the last 15 trades are Wins 50 to 60 of the last 15 trades are Wins 60 to 70 of the last 15 trades are Wins 70 to 80 of the last 15 trades are Wins 80 to 90 of the last 15 trades are Wins 90 to 100 of the last 15 trades are Wins Equity Filter The equity filter allows the user to calculate the equity of all trades which are not included in one of two categories e Unfiltered Equity below the Moving Average e Unfiltered Moving Average is Falling The green Filtered Equity line then displays the equity as if the user only took the trades in the back test that did not fall into one of the above categories el Equity Filter Options r Moving Average of Equity Simple Period 30 a trades Equity Filter Take All Entries f Ignore Entries while f The unfitered equity is Below the moving average f The moving average is Falling IMPORTANT NOTE When using the Below the Moving Avera
67. g Stop Loss from 100 to 1000 and stepping by 100 That is 10 steps 100 200 300 400 500 600 700 800 900 and 1000 We are also testing Short Stop Loss from 100 to 1000 and stepping by 100 That is also 10 steps 100 200 300 400 500 600 700 800 900 and 1000 Take the number of steps for Long Stop Loss 10 and multiply that by the number of steps for Short Stop Loss 10 giving us 100 tests Once we ve entered the range of values to be tested click on the Test button This initiates the Optimizer and the separate tests are run The Optimizer displays the final information sorted by a selected column The example shown below is Profit Factor see Performance Reports for more details If you need to stop the Optimizer during a run click on the Cancel button this can take some time if you have several tests or based upon computer speed Optimizer a fos Ex Cancel X Close Use Values Reports D Settings a Print LA Export 1 Chart R 2 R 3 Win Trades Wins Losses Payout Avg Win Retum Avg Loss Large Win Large Loss Net Profit Profit Factor Avg Trade Max Drawdown N N 0 0 0 0 0 0 00 0 0 0 s0 0 0 0 0 00 0 0 T Y i 34 4 4347 1 497 2 850 1 64 548 88 6 334 2 728 1 410 132 258 0 86 30 142 873 N yi Y 34 7 4295 1 489 2 806 1 63 550 88 1 337 2 728 1 410 126 838 0 87 30 137 453 N N 40 3 953 384 569 1 34 722 48 3 539 1 215 1 410 29 143 0 90 31 36
68. ge fiter note that the last entry that occurs before the equity crosses below the moving average will be taken even though it is a loss Likewise the last entry that occurs before the equity crosses above the moving average will be ignored even though it is a winner Yn el Oo S lt S Q D on E S S 0 is oe mt Y D S B J o O D Y S D NY o oT 0 tei on Yn On c K Q D on E Q S is oe mt Y D oO O D 5 O V c o YN D ge ee on The Optimizer Optimize by Alternating Rules A trading strategy with inputs and or multiple entry or exit rules can be optimized for producing results tailored to your maximum criteria There are two types of optimization runs that the software can evaluate alternating rules and running a series of numbers through the inputs T Bullish Momentum Entry Long Entry C Bet Long Profit Target Long Exit L C Ext Long Stop Loss Long Exit LI Ext Short Profit Target Short Exit Eat Short Stop Loss Short Exit oY D E ios ae a R ES Selling the Average Short Entry The Optimization process will test each number in the range and display the results in a table Toruna test on alternating rules the software will test the trading system by stepping through a series of tests For example in our strategy there are three entry rules With all the rules click on the Alt check box in the Signals tab T
69. gnals for each year Calculations are based on single unit trading no money management By Year by Profit Yn ole O K Q o E Q as e Y o o CO o 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 o Y o Y o ae ha By Month The By Month report shows performance summaries of entry signals by month Calculations are based on single unit trading no money management By Month by Profit 25 000 20 000 15 000 Profit _ By Week The By Week report shows performance summaries of entry signals by week number 1 to 4 Calculations are done based on single unit trading no money management By Week by Profit 50 000 45 000 40 000 Frotit 35 000 Week 1 Week 2 Week 3 Week 4 Yn el Oo S lt S Q D on E S S 0 is oe mt Y D S B J o 5 OC D V S D YN o oT 0 tei on By Day Yn el Oo S lt S Q D on E S S 0 is oe mt Y D S B J o 5 O D Y S D NY o oT 0 tei on The By Day report shows performance summaries of entry signals by calendar day of the month Calculations are based on single unit trading no money management By Day by Profit 123 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 By TDOW The TDOW report shows performance summaries of entry signals by
70. he software will run the succession of tests as follows l The results for the complete series of tests will be displayed for you in a spreadsheet format Once you have identified the series you want to keep for the strategy highlight those results then click on the Save button to save the values into the strategy Yn ON Oo lt S Q D on E S 0 is oe mt Y D B J o O D Y D NY o oT 0 _ on Columns R 1 R 2 and R 3 represent the Rule and it s alternation status The letter Y indicates the rule was tested on while the letter N indicates the rule was tested off Oas bo la Cancel x Close Use Values Reports 2 Settings lt Print Le Export ihe Chart R 2 R3 Win Trades Wins j Losses Payout Avg Win Retum Avg Loss Large Win Large Loss Net Profit Profit Factor Avg Trade Max Drawdown IN IN 00 tS So o sol S0 _0 00 N N 47 8 46 22 24 1 34 715 28 5 535 715 535 1 23 3 380 Y N 40 3 953 384 569 1 34 722 68 3 539 1 215 1 410 29 143 0 90 31 36 128 N 405 2 174 881 1 293 1 35 727 46 3 540 2 728 1 410 57 140 0 92 26 79 900 Y N 40 4 966 390 576 1 34 722 45 7 539 1 215 1 410 28 598 0 91 30 37 013 N Y 39 9 2 249 897 1 352 1 37 718 48 6 523 2 728 1 410 62 878 0 91 28 85 410 Y Y 34 7 4295 1 489 2 806 1 63 550 88 1 337 2 728 1 410 126 838 0 87 30 137 4
71. hes an action takes place The action can be either an entry or exit into the marketplace A rule can reference native functions user functions mathematical expressions and logical expressions using days months price etc It is the ability to develop rules that put Trade Navigator in a class by itself The TradeSense editor makes it simple and easy to create rules When you click on the Rules button on the Top Tool Bar or Trader s Toolbox you will see all the rules that are contained in the database The list of available rules will display columns for Name of the rule the rule type which library contains the rule when the rule was last modified and whether or not the rule has been verified See below for column sorting options Strategies We define a strategy as a defined set of rules to buy and sell These mechanical rules do not allow a user s discretion to affect the trades By combining different entries exits and stops you will be able to tailor the strategy to meet your specific needs Trade Navigator evaluates strategies one market at a time Other markets can be used in the evaluation but orders are generated for the primary market only When you click on the Strategies button you will see a list of items related to the Strategies contained in the database The columns displayed are the name of the strategy the library that contains the strategy developer of the strategy when the strategy was last modified and finally
72. i Test Period ji Function Inputs Advanced Enter formula for Function press Space Bar to access TradeSense 8K MowngSstdDey Close 5 MowingAwg Movingstddey Close 51 20 amp A 2 Period 1 amp A amp K Close 1 amp A amp K Close 1 Y ON fo lt S O D on E O O is oe mt Y D D J D O D Y D NY cD oT aS _ on If you are familiar with other coding languages for trading software you will immediately identify the similarities that TradeSense offers with this new feature This should make it easier for Trade Navigator users to convert code from other sources to the TradeSense language Learn more about variables in the TradeSense section of the Genesis forum We will be writing some examples of code based upon public domain indicators Order of Operation Once the new function or rule begins to take shape with Functions and Operators we need to discuss a logic principle called Order of Operation If we take this English rule we ll create the TradeSense at the end of this Order of Operation section If there are two consecutive down closes and today is Wednesday or Thursday and Silver are greater than it was 3 or 12 days ago then buy tomorrow at the Open plus 10 of the average range for the last 4 days When the computer goes to evaluate this it begins to block things together based on the operators involved Let s look at this r
73. icks differing between open and close by replacing the 3 with a variable Are you beginning to see the advantages Let s look at a few more examples to help you understand how to create functions Example Function 2 Bullish Momentum Moving Average There are many traders that value the Momentum of a Moving Average indicator for entries into a market It can become time consuming when you have to write out all the TradeSense each time you want to use the pattern in an entry or exit rule A bullish bias in the market is generated when the Momentum indicator crosses above the Moving Average of the Momentum Trading ideas based on Momentum and Moving Averages can be found in trading educator books at trading seminars and on websites From the Trade Navigator Toolbar or Trader s Toolbox click on the Functions button to access the Functions section of the program Next click on the New button from the side Navigation bar Select the category of Indicator For the condition a combination of existing functions will be used We will use Close Crosses Above Momentum and MovingAvg to construct our new function CONDITION Crosses Above Womentum Close 50 MovingAvg Momentum Close 50 50 Click on Verify to check for errors Click on the Save button and enter Bullish Momentum Your function is now ready to use ina rule A rule can be created utilizing the new function we just created as seen below fe Bullish Momentum Function co
74. ies per position 0 There are additional settings that may be of interest with other strategies we create in the future but will not be used for the purpose of this example We now have the information needed to test this system Click on the Run button which starts the evaluation of the entry conditions and exits When Trade Navigator has completed the evaluation the Performance Report results will be returned Entry and exit conditions have now been built and tested The Performance Report allows us to interpret the results for our investment assessment To interpret the results you have to address what conditions are most desirable for your style of trading and risk tolerance Fine Tuning a Strategy Alt The Alt box will run the Optimizer to compare the outcome of the Strategy with and without a specified rule included Linked The Linked box allows you to link an exit to run only for a specific entry or entries Quick Stops Quick Stops allow you to set up a Stop Loss Trailing Stop and or Profit Target simply by entering the values that you would like to use to determine when to exit Y ON fo lt S O D E O 0 is oe mt Y D D J o O D Y D NY cD oT aS _ on Link to Entry The Link to Entry button allows you to set up an exit to work only for chosen entries Test Entry The Test Entry button allows you to test the strategy using only the selected entry Inputs t
75. ill see a Trade Navigator image and a window that appears to tell you that the InstallShield Wizard is being prepared InstallShield Wizare which will guide you through the rest of the setup process Please walt ey Trade Navigator Setup is preparing the InstallShield Wizard i If the installation does not start automatically click on the Start Button and select Run In the command line type D SETUP replacing D with the appropriate drive letter of your DVD ROM drive If you are unaware of the drive letter click on the browse button and double click on My Computer Look for the DVD ROM icon double click on the icon then double click to run the SetUp EXE file This initialization can take a few minutes or longer depending on your computer system After the initialization you will be prompted to continue the installation by clicking Next The InstallShield Wizard will walk you through the installation process InstallShield Wizard Welcome to the InstallShield Wizard for Trade Havigator The InstallShield Wizard will install Trade Navigator on pour computer To continue click Nest After the welcome screen you will be prompted to read and accept the software licensing agreement If you do not accept the terms of the licensing agreement the installation will not continue Yn ON Oo S lt S Q D on E S S 0 is oe mt Y D S B J o O D Y D NY o oT 0 tei on
76. inancial Technologies 10 03 2012 02 44 PM Genesis On Alexander Elder Genesis Financial Technologies 08 30 2005 03 56 PM Export Genesis System Functions Genesis Financial Technologies 09 20 2012 05 56 PM Glens Daily Momentum Stock Selector Genesis Financial Technologies 09 20 2012 06 22 PM Info Jesse Livermore Lines Genesis Financial Technologies 09 18 2006 04 46 PM Moving Avgs Heat Mapping Genesis Financial Technologies 11 22 2011 01 47 PM Close MVWZAP bands with pivots Genesis Financial Technologies 11 22 2011 01 48 PM Pery Kaufman Market Movement Genesis Financial Technologies 09 18 2006 04 25 PM Pivot Points Library Genesis Financial Technologies 05 10 2005 03 44 PM ae A package of functions rules and or strategies is called a library Libraries allow you to group functions rules and strategies based on particular educators concepts or simply for convenience With handy features like importing and exporting you can easily maintain and transfer libraries By clicking on the Libraries tab a list of the current libraries that have been imported into Trade Navigator will be displayed Creating a new library is as simple as clicking on the New button and adding items from the default User Library list which is where your Functions Rules and Strategies are assigned once created but before they are assigned to a specific library Once an item is assigned to a library it cannot be assigned to another library For this very reason i
77. ing day of the month Y ON fo lt S O D on E O O is oe mt Y D D J D O D Y D NY cD oT aS _ on Functions Functions represent the core architecture of the Rules The functions include those that initially came with the software as well as any you create Additional functions may be included with partner libraries and those received from special file downloads or other users Later on we ll describe how to create a few simple functions and then how to use them A function can bea mathematical expression e g Close Close 1 0 1 Range indicator price relationship or logical expression that you want to reference as part of a rule When you click on the function button you will see a default list of functions available in the Trade Navigator database The list displays columns for Name of the function Library location of the function the category of the function date last modified or verified and whether or not the function has been verified by the TradeSense editor For further information on Functions please refer to the Function chapter See below for sorting options Eku Rules represent the primary components of a trading system Rules are comprised of functions and operators Within each rule there is a condition and an action The condition is what we are asking Trade Navigator to evaluate Once Trade Navigator has evaluated the condition and found matc
78. le b a E Verify Diagram lt 3 Print 7 CondBuilder Ke Save YS Toolbox X Close Rule Inputs Advanced Building Block Rule Condition The order will be placed IF the following condition is tue press the space bar to access TradeSense amp Break Lowest Low LastBarOfDay 1 lt Low Of Daily And High gt High Of Daily IF Occurrences amp Break LasfBarOfDay 1 1 And amp Break Order to place for Next Bar Action re Long Enty BUY igh Of daily Tick Move Stop Price Buy if price gets up to Order Type Stop As you can see the amount of text to look through is much more condensed and should be much easier to visually verify that everything we have created is accurate Y ON fo lt S O D on E O O is oe mt Y D D J o O D Y D NY cD oT aS _ on Example Rule 3 Moving Average Crossover English If the nine day moving average crosses above the fifteen day moving average today and Stochastics are crossing above 25 we ll buy on the next bar at today s high on a stop TradeSense Condition IF Crosses Above MovingAvg Close 9 MovingAvg Close 15 and Crosses Above StochK 14 3 25 Action for Next Bar Buy at High Stop Ji Moving Average Crossover Rule l E mE Verity Diagram a Print Save in Save As Fra Rename Toolbox x Close Rule Inputs Advanced Building Block Rule Condition
79. le window This brings you back to the list of Rules that have been added to the strategy We have added our first rule to the strategy Now we will be adding some existing exit rules to the strategy Click on the Add Rule button and scroll down in the list to find Exit Long Profit Target or begin typing Exit Long By typing the name of the rule we ll find the rule faster Make sure the rule is highlighted and click on the Add Copy button Now we have added our first exit rule to the strategy You ll now see both the Crossover rule and the Exit Long rules in our strategy Next we will need to edit the Profit Target to reflect our desired profit value Select the Exit Long Profit Target and then click the Edit Rule button Next click on the Input Tab and change the Target Amount to 750 Click on the Quick Stops button to review options for adding a Trailing Stop Profit Target and Stop loss Click on the Stop Loss and enter 500 Now click on OK At this point two additional rules have been added to the system Exit Long Stop Loss and Exit Short Stop Loss Although the system does not contain any short entry rules the Stop Loss and Profit Targets are added for future purposes if you add any short signals in the future You can remove the Exit Short Stop Loss if you do not plan to use it by selecting the Rule and clicking the Remove Rule button Rules Inputs Data Settings Al Rules Long Enties Long Exts Short Entries
80. lt S Q D on E O O is oe mt Y D B J o OC D V D YN o oT 0 _ on Y ON fo lt S O D on E O O is oe mt Y D D J D O D Y D NY cD oT aS _ on Rules Rules Available only in the Platinum amp Professional versions of Trade Navigator the Rules section gives you access to creating your own rules or editing an existing rule Rules allow you to combine functions and set them up for use in trading Strategies Rules represent the primary components of a trading strategy and are comprised of functions and operators Within each rule there is a condition and an action The condition is what we are asking Trade Navigator to evaluate Once Trade Navigator has evaluated the condition and found matches an action takes place The action can be either an entry or an exit into the marketplace A rule can reference native functions user functions mathematical expressions and logical expressions using days months price etc When you click on the Rules section you will see all the rules that are contained in your Trade Navigator s database One important difference between a Rule and a Function is that Rules always start with an IF Operator while Functions do not Steps for Standard Rule Creation 1 Click on the Trader s Toolbox icon 2 Select the Rules section 3 Click the New button 4 Type the formula that you wish to u
81. m evaluate the system report and then re test if necessary by changing the value for the Input NUM For advanced usage of variable inputs please refer to the Optimization chapter Y ON fo lt S O D on E O O is oe mt Y D D J D O D Y D NY cD oT aS _ on Add Inputs 7 Unrecognized as existing functions or inputs Num Add the above as new INPUTS to this rule Cancel Any item that is not recognized as an operator or function is assumed an Input and will be highlighted in black bold font Variables in Functions As we expand upon the ability to have variable inputs inside functions we are able to do much the same with creating Variable Functions inside Trade Navigator You are able to assign variables in functions rules and criteria In this case a variable is an alohanumeric name that is assigned to an expression or a single value This will not only allow the construction of easier to understand functions in TradeSense but it will also help to make it easier to translate functions from other programs into the TradeSense language Here are some rules for the naming of variables 1 Variable names must start with an ampersand amp 2 The remaining part of the name is alphanumeric and can include underscores 3 Variable names are not case sensitive To assign the variable an expression or value you will type in the name followed by a colon and
82. n you create the code as a function it will automatically fail to save if you don t first remove the Criteria check in the Advanced Settings of the function To do this check the box by See advanced settings and then click on the Advanced tab You will then need to uncheck the Criteria Scan box fo New Function ole ri wo Print ae Gl Lei Pe Toolbox AE Close Descaphon i Usage New Function Functon Inputs Usage M Strategy Testing M Ching Referencing Previous Bars Other conventions used in TradeSense reflect the difference between the current bar and previous bars If we want to reference a data value for the current bar it is simply Close or Low or High However to reference a previous bar we use a PERIOD at the end of a function and then the number of bars ago we re referencing Yesterday s close would be entered as Close 1 and Close 5 is the close of 5 days ago Similarly with other functions MovingAvg Close 18 3 is the value of the 18 bar moving average 3 days ago Y ON fo lt S O D on E O O is oe mt Y D D J D O D Y D NY cD oT aS _ on An important aspect to examine is when we are trying to look at the lowest or highest value of a particular period For example if you want to evaluate a condition when today s high is the highest high of the last fifteen days you would think that the easiest wa
83. ntrol which possibilities are tested This is usually combined with AND We ll use this to specify when we do not want a condition to be true If Monday and Not nside Day the software would only check for conditions when it is Monday and not an inside day Adding one or more values together Close 1 Close Subtracts two values Close 1 Close Groups expressions or parameters when precise ordered calculation is necessary beyond the general functions that use them to contain expressions or parameters lists Close High 2 3 Comment out parts of a Function or Rule when that part of the code is not currently being used for one reason or another IF Close gt MovingAvg Close 24 AND High lt High 1 Divides two values Close Close 1 Multiplies two values Close Close 1 By using these operators you can describe a tremendous variety of conditions for Trade Navigator to test and evaluate A separate functions manual covers the operation and description of the most commonly used TradeSense functions The function reference guide will provide examples of syntax and variations for the standard functions Y ON fo lt S O D E O 0 is oe mt Y D D J D O D Y D YN cD oT aS _ on Special Operator The of operator can be used to reference other symbols and bar periods This operator is designed to be used for highlight bars indicators and parts of strategy rules b
84. numbers shown include information for Trades Winning Percentage Average Winning Trade Profit Loss Ratio Return Percentage Average Trade Net Profit Drawdown Consecutive losing trades and Max loss See figure below Analysis Money Mat Take the next trade No equity filter applied Summary All Trades a Report Chat Summary Long Trades Summary Short Trades Trades Monthly History Month Trades Win Pet Win Avg Loss Avg Run Up Run Drm P L PF Awg Irade C L Max Loss Profit By Yeu January 4 25 00 715 535 715 5535 14 05 223 2 535 February 2 0 00 0 535 0 5535 O00 00 535 2 535 1 By Week March 3 GETZ 715 535 715 5535 14 267 298 1 535 re April 5 80 00 715 535 715 5535 134 95 35 465 1 535 2 Oni May 6 50 00 715 535 715 535 1 34 134 30 2 535 Sai A June 8 37 50 715 535 715 535 13 0g 66 2 535 July 4 25 00 715 535 715 535 14 085 223 2 535 Py TOT paer 2 50 00 715 535 715 535 134 9134 390 1 535 By Week Day September 1 100 0 715 00 715 0 715 00 999 00 715 0 0 By Entry Signal October 4 50 00 715 535 715 535 1 34 1 34 soo 2 535 November 2 50 00 715 535 715 535 1 34 134 50 1 535 ltem value December 5 60 00 715 535 715 535 134 2 00 215 1 535 1 By Week By Week produces a summary that takes the month and examines each numerical trading week You will be able to view Number of trades Winning Percentage
85. oday s High is greater than the value of the highest high of the last 15 days from YESTERDAY In other words starting from yesterday count that day and fourteen days back YESTERDAY 14 DAYS 15 DAYS TOTAL and find the highest high If today s high is higher than that value the rule will return a true condition Using Variable Inputs Variable Inputs under a simple description are words that we ll use to mean anything we want It s a way of using a variable to describe a number Lost you there didn t we OK we want to test a moving average but we want to test a series of different moving average periods number of bars for the average and see which fits better to our trading style or anticipated results Let s say for example we re trading a strategy based on moving averages and we want to examine a series of moving average periods Examining different periods might allow us to find the sweet spot in the market Here is how we might set this up First let s describe our rule If the market closes above a moving average buy on the next bar if we trade above the high of the bar that closed above the moving average Here is the TradeSense for creating an entry rule based on a 24 day moving average of the close Yn ON Oo lt S Q D on E S 0 is oe mt Y D B J o O D Y D NY o oT 0 _ on Condition IF Close gt MovingAvg Close 24 Action for Next Ba
86. of an indicator for example ADX 7 will return a value and can be plotted on a chart or Highlight bars that return True False or Boolean arrays Math This category is for Functions that carry through mathematical formulas returning the results of the equation The Math category uses mathematical equations as the basis for the Function formula Misc This category is for Functions that carry through mathematical formulas returning the results of the equation The Math category uses mathematical equations as the basis for the Function formula Planet Combo This category is for Functions that are based upon astrological planetary bodies actual or theoretical Price This category is used for Functions that return price values for a given security open Y ON fo lt S O D on E O O is oe mt Y D D J D O D Y D NY cD oT aS _ on high low close or prices that are not yet determined such as Next bar values Commodity contract specifications such as Tick Move and Tick Value will also fall under this Price category Reserved This category is used internally for Functions that are used within specific rules or other functions These functions will not be seen on the Functions menu in the Traders Toolbox but will show up in the TradeSense menu when creating a rule or function Scoring This category is for Functions that carry weight based upon specific c
87. of this as a WaterFall diagram ff water can fall from top to bottom then the order will be placed fall from top to bottom then the order will be placed You ll notice that a subtle change in the TradeSense changes the way the rule can be evaluated Using this simple example should clearly display the differences The next example will take a complex rule and walk through the process of the rule evaluation To diagram a rule from the Rule Editor screen click on the Diagram button b ee i CondBuilder fel Save Ao Toolbox C Close Rule Inputs Advanced Building Block Rule Condition The order will be placed IF the following condition is true press the space barto access TradeSense IF Glose lt Close 1 And Close 1 lt Close 2 And Wednesday Or Thursday And Close Of S 3 207205 lt Close 3 Of SI3 207205 Or Close Of SI3 207205 lt Close 12 Of SI3 207205 Order to place for Next Bar Stop Price Buy if pice gets up to Action Long Enty BUY Next Bar Open MovingAvg Range 4 0 10 cr Order Type Stop You can diagram the rule at any point during the rule creation process to check the development process IF Close lt Close 1 and Close 1 lt Close 2 and Wednesday or Thursday and Close Of SI3 201205 lt Close 3 Of SI3 201205 or Close Of SI3 201205 lt Close 12 Of SI3 201205 Then BUY on a Stop Next Bar Open MovingAvg Range 4
88. ommissions are included together as one entry Choose a number that is appropriate for your commission cost plus a reasonable value for slippage Y ON fo lt S O D on E O O is oe mt Y D D J D OC D Y D YN cD oT aS _ on EF Run Now you should be ready to test your strategy Yn el Oo S lt S Q D E S S 0 is oe mt Y D S B J o 5 O D V S D YN o oT 0 tei on Results of the Strategy The Performance Report screen is broken up in three sections Analysis Reports Report Display and Display Options Example Strategy Performance Reports Run 10 11 2012 10 43 33 AM on ES 067 rca f Ba amp Print Fields reef Equity Filter x Cancel Analysis Money Mgt Take the next trade Equity is not below 30 trade simple moving average Summary All Trades a Report Chat Analysis Reports Click on each report to examine desired Summary Long Trades information e i Trak Monthly History Overall By Year Total Net Profit 2 525 Profit Factor Wins SLosses 1 26 By Month Total Trades 35 Winning Percentage 48 6 1 eek Average Trade 72 Payout Ratio AvgWin AvgLoss 1 34 Re O rt D IS la By Day Max Closed out Drawdown 3 030 CPC Index PF x Win x PR 0 82 Max Intraday Drawdown 3 203 Expectancy AvgTrade AvgLoss 13 48 By TDOW Shows the information ee ee ee hey Open Equity 0 Kelly Pct Avg
89. once you have identified the optimized inputs that meet your trading criteria select that test and click on the Save button This will return those optimized values to the Strategy editor and save them to the strategy Creating Strategy Baskets Strategy Baskets Available only in the Platinum amp Professional versions of Trade Navigator As described in the Basic Strategy Building chapter this feature allows you to run a single trading strategy on a selected group of securities or several trading strategies on one security simultaneously Clicking on the Strategy Basket icon from the Trader s ToolBox or the Top Navigation ToolBar will bring you to the Strategy Basket window displaying any Baskets you may already have Hi Libraries E Symbol Groups il Criteria am Filters fo Functions Fa Rules i Strategies i Strategy Baskets 9 STRATEGY BASKETS each basket is a combination of trading strategies with selected symbols Basket Name Description The 9 Best Basket Cases Strategy Symbal combinations for the winning Trading Strategies library Edit Run Delete Close m Now click on the New button which will bring up the Strategy Basket Item window From this window we can select the strategy s we wish to add the symbol or symbol group we wish to use the data time frame settings and any inputs that we wish to customize or experiment with further Yn On fe S K O D E 0
90. onditions being true or not having a Score tally of all true conditions within the Function Spread This category is for Functions which create a spread between two or more items for value This may be one monthly contract of Silver subtracted from another Silver contract or even a division or multiplication of contracts Trade This category is used for Functions that are considered trade related for example Entry Signal Traded Today These functions will not show up on the Function tab of the Traders Toolbox Use a detailed description to help you identify the nature of the function The description will appear in the Information box that appears in the list of functions A good description will help you when trying to identify the action or purpose of the function Function Name Bullish Doji Star Function E Try usi ng names that Verify Print Save ial Save s Fal Rename Toolbox x Close will allow you to Category Candlesticks See advanced settings remember it s usage N e Description Bullish Doji Star Candlestick pattem Created without variable values Description ns Usage Bullish Doji Star The description field allows you plenty of space to detail the Function Inputs Enter formula for Function press Space Barto access Trade Sense function and purpose Open 1 gt Close 1 And Open 1 Glose 1 gt Range 1 0 50 And Close 1 lt High Range 0 50 And Open lt Close 1
91. ore Big Wins Ignore the top n trades For example if the number 3 is entered then the 3 most profitable trades based upon a single unit are ignored in the results Ignore Big Losses Ignore the bottom n trades For example if the number 3 is entered the 3 biggest losses based upon a single unit are ignored Profit Is gt This represents how a profitable trade is defined For example O means any trade per unit above zero is a profit Show Cents Show cents can be set to show the cents of a dollar in the listed amounts Fixed Fractional With fixed fractional money management one additional or one less unit is traded as new account balance levels are reached The new levels are determined by the increment amount The RISK PCT determines how the Increment amount is calculated Your strategy was tested above using various Risk Percentages Increment Amount Largest Expected Loss Risk Pct up Decrement Amount Largest Expected Loss Risk Pct down Increase Level Account Balance Increment Amount Last Units traded Decrease Level Account Balance Decrement Amount Last Units traded Begin Balance This will allow a beginning balance to be used for money management techniques Unit Size The number of contracts units to be traded with each trade placed l e 1 for futures 100 for stocks etc Starting Units Stating Units represents the number of units to trade for the first trade l e 1 fo
92. oss from paying commissions and slippage fees Gross Loss By accumulating the losses from all of the losing trades we get the Gross Loss of the system Average Loss Calculate Average Loss by taking the gross loss and dividing that by the number of losing trades An important thing to remember about any average trade winning trade losing trade and average trade is that average merely states what the previous wins losses trades have been like We would expect the results to continue along the same trading results however like anything related to trading there is no continued expectation of past results to be carried into the future Largest Loss The largest losing trade shows us what the worst trade has historically been Larry Williams uses this number in his calculation for money management The largest losing trade will help to prepare us for our worst case scenario Largest Peak in Loss Provides the largest amount of money the account increased in a trade until it became unprofitable Avg Peak in Loss The average increase in the account before the trade became unprofitable Avg Run Up in Loss The average increase in value for a losing trade before it was exited Avg Run Down in Loss Average decrease in value with a losing trade before the trade was exited Most Consec Losses This value is the largest streak of consecutive losing trades in a row for the system For this example we had no more than 2 losing trades in a
93. r Buy at High Stop a Verify E Diagram Print Sy CondBuilder Save R Toolbox x Close Rule Inputs Advanced Building Block Rule Condition The order will be placed IF the following condition is true press the space barto access TradeSense IF Close gt MovingAvg Close 24 Order to place for Next Bar Stop Price Buy if price gets up to Action PF oh Long Entry BUY mg r Order Type Stop X Now we ll create a variable input We ll replace the number 24 with a variable called NUM NUM which can mean any numerical value that we enter Condition If Close gt MovingAvg Close NUM Action for next bar Buy at High Stop amp New Rule a a Ex Verify E Diagram a Print b CondBuilder LA Save Pas Toolbox x Close Biie routs Advanced Building Block Rule Condition The order will be placed IF the following condition is tue press the space bar to access TradeSense IF Close gt MovingAvg Close Num Order to place for Next Bar Stop Price Buy if price gets up to Action High Long Entry BUY g E Order Type Stop v When we verify this rule Trade Navigator will alert us that it has detected a new Input You must click on Add if this is what you intended A default value of 0 is added Now this number can be changed from the Inputs Tab of the Function or Rule From the Inputs Tab you can easily change the value to any numerical value you like Test the syste
94. r futures 100 for stocks etc Risk up Risk percent is used to calculate the next level at which units should be increased on the next trade Y ON fo lt S O D on E O O is oe mt Y D D J D OC D Y D YN cD oT aS _ on Risk down Risk percent is used to calculate the next level at which units should be decreased units on the next trade Fixed Ratio This Money Management formula uses Ryan Jones Fixed Ratio Money Management Technique More information can be found in trading books and via internet sources Delta By default the Delta is defined as half of the Max Closed Out Drawdown This can be edited for a different value as needed Williams Risk Ratio The Risk Ratio money management formula was developed by futures trader Larry Williams The formula is as follows Account Balance Risk Pct Largest Losing Trade Risk Pct Percentage of the current account balance to risk The larger the biggest losing trade the fewer units that are traded Charts Based On Trade Reports Equity Curve The equity curve is a graphical representation of the change in value of a trading account over a period of time An equity curve that has mostly an up trending slope would generally indicate that the trading of the account are profitable while a down trending slope would indicate that the account is losing money As it presents performance data in graphical form an
95. rofit factors greater than 1 00 have more gross profit than gross loss Strategies with a profit factor less than 1 00 have more gross loss than gross profit Winning Percentage This is the percentage of time that the strategy has had a profitable trade greater than 0 BE CAREFUL this can be a very misleading number You may have a low percentage strategy but combined with a payout ratio that is rather high would make this a very profitable strategy A highly accurate system is NOT synonymous with a profitable strategy With a highly accurate strategy look carefully at average trade drawdown and profit factor to get a clearer picture of the possible success of the strategy Payout Ratio Dividing the average win by the average loss we can calculate a figure called Payout Ratio Payout Ratio might also be considered the probability of profit in a trade A value greater than 1 00 signifies an average winning trade that is greater than the average losing trade The larger the Payout Ratio the larger the average winning trade is compared to the average losing trade CPC Index PF x Win x PR CPC Index gives you the Payout Ratio multiplied by the Winning Percentage multiplied by the Profit Factor Expectancy Avg Trade AvgLoss Expectancy is the average trade divided by the average loss expressed as a percent to show the percentage you expect to make for every dollar being risked Return Pct Return PCT Calculates the rate of return
96. rule An easy way to interpret the flow chart is to consider it as water cascading down a series of channels and gates If any combination of those channels and gates are open from top to bottom then the water will continue to flow down The available gates are conditions that the software validates as True Conditions Close lt Close 1 must be true in order for the water to flow through that gate If Close is not less than Close 1 then water will not flow through that gate The channels are represented as the lines that connect gates So if a given series of channels are connected from top to bottom with all open gates the water will flow or the rule will be executed Yn ON Oo lt S Q D E S 0 is oe mt Y D J o O D V D YN o oT 0 _ on Since each rule can differ with the components involved in the rule you will quickly see how the flow chart will be a valuable aid in developing rules Here are two rules that we ll use to examine the differences between the diagrams We ll just look at the differences between AND and OR First Rule Compared to Second Rule If Close lt Close 1 AND Monday BUY at Market If Close lt Close 1 OR Monday Buy at Market Diagram e fete Diagram oboja Close Monday lt Close 1 Monday BUY at MARKET BUY at MARKET vr Print Close Think of this as a WaterFall diagram if water can Print Close Think
97. s Highlights Losing Trades Highlights and Monthly Profit Analysis Each section and it s components is described below Overall Performance Total Net Profit From the beginning of trading to the last date tested the net profit represents the amount of profit or loss the trades generated Total Net profit is the tell all bottom line number Regardless of how other numbers present themselves in a system report if the net profit isn t satisfactory it isn t worth trading Total Net Profit is the remaining balance in the account after all the trades are made A positive number means that you have made profits A negative number of course means you should probably go back and re evaluate the merits of the strategy Total Trades The total number of trades the strategy made over the time segment tested Average Trade The average trade is calculated by taking the Net Profits loss and dividing that by the total number of trades A high average trade indicates that the system balances wins and losses in your favor Max Closed Out Drawdown Drawdown is yet another dangerous number that tends to lurk beneath the surface of a strategy s results The drawdown represents the amount of money that your account decreases by until it has grown above the amount when it started declining Your account would have to be able to sustain the drawdown loss amount in order for you to remain profitable in your trading The closed out drawdown is calc
98. s may represent Service Marks Trademarks and or Registered Trademarks Trade Navigator Genesis Navigator Genesis Financial Technologies Inc Software Licensing Agreement This license agreement pertains only to the computer software program s in this envelope and its their accompanying materials documents data files etc referred to collectively herein as the software and supersedes all previous agreements You have obtained a copy of the software but you do not own it as it is the copyrighted intellectual property of Genesis Financial Technologies Inc Genesis In purchasing the software you are purchasing a license to use the software on one single CPU You are not licensed to copy resell or sub license the software to any person or entity and any attempt to do so is null and void This software and data are licensed not sold under the following terms and conditions opening the package indicates that you have read and understand this software license and limited warranty and that you agree to these terms and conditions If you do not agree to any of the terms immediately return the diskette container package unopened for a refund minus a 15 restocking fee and shipping and handling Genesis grants you a personal non exclusive non transferable license to use the software in accordance with the terms of this license Title to and all rights in the software remain with Genesis You agree to protect the software and data against una
99. se for the rule into the Condition box 5 Use this list of functions that populate while you are typing to help you write the rule faster 6 Select the Action you wish the rule to take when the condition is met 7 Select the Order Type to place 8 Type in the Stop or Limit condition if you have selected a Stop or a Limit 9 Click Verify If the syntax does not verify make needed corrections 10 Click Save 11 Type in the name you wish to use to identify the rule 12 Click OK Editing a Rule 1 Click on the Trader s Toolbox icon 2 Select the Rules tab 3 Select the rule you wish to edit 4 Click the Edit button 5 Make the desired changes Not all rules can be edited Y ON fo lt S O D on E O O is oe mt Y D D J D O D Y D NY cD oT aS _ on Order Types Below you will find the list of available order types when creating rules for use in strategies Market Order An entry at the current market price Your order will be filled wherever the trading range can allow Market Orders in simulation will enter you in the marketplace on the open of the next bar Stop Order An order to enter the market at a specific price When trying to buy into a market with a Stop Order also called a Buy Stop the market is trading below the desired entry price Once the market trades up to the desired entry price the order becomes a market order and is filled at the bes
100. some new change or addition before they can even be printed Please bear with us we re in a constant state of Improvement This manual explains how to use functions rules and strategies in Trade Navigator It is not intended as a comprehensive guide to Trade Navigator but rather focuses on the primary advantages of the Platinum version of Trade Navigator We ll walk you through these essential areas m How to use the Strategies in Trade Navigator 7 How to use each major element with examples from today s leading strategy developers m Using and understanding the logic of TradeSense trading language m Bringing all the elements together 7 Using the power of the reports to analyze your system n Money Management Some of the material presented within especially the report analysis includes opinions of the writers formed through experience with writing strategies reading a variety of written subject matter and their own perspectives and should be reviewed and interpreted accordingly The following section will walk you through a simple overview on how to create a strategy of your own with Trade Navigator After this overview you ll find the detailed instructions for each section Y ON fo lt S O D on E O O is oe mt Y D D J D O D Y D NY cD oT aS _ on Getting Started System Requirements Trade Navigator Platinum has been designed and developed for
101. t price Consider a Stop Order as buying or selling with strength by waiting for the price to rally ina favorable direction before being filled A Sell Stop is either a long position exit or a short entry Either way the sell stop is set below the market price When market activity trades in the favorable direction and the desired entry price is met the Sell Stop becomes a market order and filled as soon as possible Limit Order An order at a specific price similar to a Stop but is not turned into a market order when the price is reached during trading activity A Limit Order as an entry enters on weakness which is opposite that of the Stop Order A Buy Limit order occurs when price is trading above the desired entry price and price comes down to the desired price for an entry at that price Limit orders are filled at the price specified or better however there is no guarantee of a fill Market On Close Also referred to as MOC a Market On Close order enters the market during the closing period of the trading session In essence waiting for the last few minutes of the trading session before placing a market order to enter or exit a position Stop Close Only Combine the benefits of a Stop Order with the condition that it only occurs during the closing period of the market Market activity must be below the price of desired buy entry and during the closing period of the trading session if the price is met the order turns into a market order and
102. t is critical to remember what functions are in the libraries you create and what functions that you may have used to create your libraries When you share a library with a fellow trader and the person you are sharing your library with doesn t have access to some of the functions in your usage of the library he she will not be able to use the library or the items you ve given them to their fullest extent When you start creating your library you are asked to enter the Name of the library a version number and a description of the library As you proceed through the steps you are asked for Author Developer information any permissions or restricted access that you d like to set After entering library details you will be able to add the various functions rules and strategies that you have created to the library You may also set restrictions so that you can limit what can be edited or even seen for each of your library items Once saved the software will allow you to export the file which creates a GLB Genesis Library Build file with the name of the library which can be saved shared or imported Function sense Function fradeSense 10 10 2012 02 21 PM Shared Rule 10 10 2012 02 27 PM 10 10 2012 05 12 PM Yn On fe S K S D E S S i oe a Y D o O D 5 O YN o N D T a Yn ON Oo lt S Q D on E O O is oe mt Y D B J o O D
103. to 0 occur every 1 9 trades 1344 19 9 664 3 67 20 6 669 3 51 Trades of 0 to 300 occur every 8 8 trades 391 13 6 676 428 21 4 678 3 58 Froli Size Analys Trades of 300 to 600 occur every 43 6 trades 86 70 615 433 20 0 668 3 95 Win Trend Analysis Trades of 600 to 900 occur every 2 9 trades 998 39 6 710 194 36 8 716 2 13 T wae _ Trades of 900 to 1 200 occur every 73 5 trades 12 91 7 707 1489 70 0 722 1 65 _ Trades of 1 200 to 1 500 occur every 144 3 trades 6 66 7 715 2 40 60 0 730 1 60 enon Anal Trades of 1 500 to 1 800 occur every 0 0 trades 0 00 s0 000 0 0 s0 000 Trades of 1 800 to 2 100 occur every 820 0 trades 1 0 0 0 0 00 40 0 534 2 09 Yn On fe c K O D E 0 S oe Y D o O D 5 O V c o YN D T Y el Oo S lt S Q D on E S S 0 is oe mt Y D S B J o 5 OC D V S D YN o oT 0 tei on Win Trend Analysis This report shows an analysis what happens after various winning streaks Analysis is based on single unit testing with no money management Analysis Money Mgt Take the next trade No equity filter applied By Year a Report Chat By Month By Week By Day By TDOW r The Next Trade Next 5 Trades ee Count nt AvgWin PLRatio Win AvgWin PL Ratio By TDOY O to 10 of the last 15 trades are Wins 56 33 9 392 171 346 396 1 88 Se
104. ts the largest winning trade during the strategies evaluation period The largest win is the highest profitable trade achieved Largest Drawdown in Win Provides the largest amount of money the account decreased in a trade until it became profitable Avg Drawdown in Win The average decrease in the account before the trade became profitable Avg Run Up in Win This is the average increase in value for a winning trade before it was exited Avg Run Down in Win The average drop in value for the winning trade before it was exited Most Consec Wins This is the largest streak of winners the strategy had For this example we had 21 winning trades ina row Avg of Consec Wins The number of trades in each streak of winning trades divided by the total number of winning streaks that occurred Y ON fo lt S O D on E O O is oe mt Y D D J D O D Y D NY cD oT aS _ on Avg of Bars in Wins This is the average length of a winning trade It is based on the period of bars tested If you are testing 15 minute bars then the average length of a winning trade as an example is 55 29 15 minute bars or about 13 days If you are testing daily bars then the average length of a winning trade is 55 29 days Losing Trades Total Losers The total number of losing trades during the period tested A losing trade is considered a trade with less than 0 00 in profit which includes l
105. ulated with closing prices for each day Max Intraday Drawdown The Maximum intraday drawdown represents the amount of money that your account decreases by until it has grown above the amount when it started declining Unlike closed out drawdown this value represents the drawdown during the day Your account would have to be able to sustain the intraday drawdown loss amount in order for you to remain profitable in your trading Account Size Required This value represents the amount of money required by the strategy to work but does not calculate margin into the equation A large Account Size Required indicates the drawdown was generally equivalent in size Open Equity Displays the current amount of money involved in a trade not yet exited Trade Sense Guide Genesis Financial Technologies Percent in the Market This number represents how much time during the trading year you have open positions The lower the number means you are less active in the markets A high or low number for Percent in the Market is not indicative of a winning or losing system Avg of Bars in Trade This is the average length of the time in the market for trades both winning and losing Avg of Trades Per Year The total trades divided by the number of years the strategy was tested gives us this value Profit Factor A profit factor gives you the ratio of gross profit to gross loss Your trading strategy should target a number greater than 1 00 P
106. ule the way the computer will evaluate the conditions If there are two consecutive down closes and today is Wednesday or Thursday and Silver is greater than it was 3 days ago or Silver is greater than it was 12 days ago then buy tomorrow at the Open plus 10 of the average range for the last 4 days At first this may look OK but notice the computer will look for any of the three bracketed sections to be true Since we wanted to evaluate 2 consecutive down closes and either Wednesday or Thursday the computer won t correctly evaluate the rule It has 2 consecutive down closes with Wednesday and Thursday gets evaluated with Silver greater than it was 3 days ago The computer should look at the rule like this If there are two consecutive down closes and today is Wednesday or Thursday and Silver is greater than it was 3 days or 12 days ago then buy at the Open of the next bar plus 10 of the average range for the last 4 days Order of Operation becomes an extremely important concept which we must use in creating our rules Unfortunately this is the area where most users encounter difficulty Knowing this we created a dynamic process to diagram the rule during development and help clear the fog that all those ANDs and ORs create Finally we ll correctly enter the TradeSense rule IF Close lt Close 1 and Close 1 lt Close 2 and Wednesday or Thursday and Close Of S 3 201205 lt Close 3 Of SI3 201205 or Close Of
107. ut not generally intended to be used in criteria This is because the criteria are firmly set to reference only daily or weekly data and a broad range of symbols from the groups selected If you are interested in creating criteria using the of operator it is suggested that you contact technical support staff via email support tradenavigator com for assistance to determine if your idea can be created as not all functionality would be possible for criteria There are three ways to use the of operator 1 Reference both another symbol and bar period Of Symbol Bar period Example Close Of SP 067 13 Minutes 2 Reference only a different symbol Of Symbol Example MovingAvg Close 7 Of ES 200906 3 Reference a different time frame note there is a comma inside the quote Of Bar Period Example Range Of Daily Y ON fo lt S Q D on E O O is oe mt Y D B J o O D Y D NY o oT aS _ on The image below contains a few more examples 3 i TF O067 Russell 2000 mini ETH Cont Liq 180 minute bars TradeNavigator com 1999 2009 All rights reserved Close OF GOOG 3 24 09 10 53 423 7 7 2 lott rors i rert aiis 1 a L pirhe tet pet TradeNavigator com f i MACD Close 12 26 False OF weekly MovingAvgX Close T False Of C 06T 2 Days ard O39 5 09 Os22 09 Whe
108. uthorized use and disclosure You will not copy the software and data or any part thereof for any reason other than to make a single backup copy for your own use If you modify the software data or incorporate it into another program the software data or any portion thereof remains the property of Genesis and will continue to be subject to this license You will not disclose transfer or otherwise make available the software or data in any form to anyone without the prior written consent of Genesis Terms This license is effective upon opening the diskette container package and shall automatically terminate if you breach any of the terms and conditions herein Upon such breach you agree to destroy all copies of the software and data and discontinue use thereof If you decide not to open this product you may return the un open product for a refund minus restocking charge service fees and shipping Limited Warranty The software and data are sold as is Genesis believes it s sources to be reliable but data accuracy is neither warranted nor guaranteed You assume the entire risk as to the selection results and performance of the software or data However Genesis warrants the storage media on which the software and data are recorded to be free from defects in materials and workmanship under normal use for a period of 30 thirty days from the date of original purchase Upon proof of purchase Genesis will replace a defective diskette or dv
109. x Units represents the maximum number of units that can be traded on any given trade Begin Balance This will allow a beginning balance to be used for money management techniques View By Choose to view the grid by Trade or by Transaction Trade is both the Entry combined with the Exit while the Transaction would be each Entry and Exit separately Price format Price format displays prices in decimal format or in tick format Position selection Limit the analysis to trades by position Options for analysis include select all long trades only or short trades only Chart By Chart the Equity by Date or by Trade From Date Limit the analysis to trades occurring later than this date This only modifies trades already on the report You will need to rerun the strategy with a different date range if you want to further modify these results To Date Limit the analysis to trades occurring prior to this date This only modifies trades already on the report You will need to rerun the strategy with a different date range if you want to further modify these results Ignore Trades lt Choose not to include trades with a profit per unit less than or equal to this amount Y ON fo lt S O D on E O O is oe mt Y D D J D O D Y D NY cD oT aS _ on Ignore Trades gt Choose not to include trades with a profit per unit greater than or equal to this amount Ign
110. y signal to quickly determine if this is helping or hurting the trading system The report view includes Number of Trades Winning Percentage Average Winning Trade Profit Loss Ratio Return percentage Average Trade Net Profits Drawdown Consecutive losing trades and the largest losing trade Analysis Money Mgt Take the next trade No equity filter applied By Year a Report Chat By Month By Week By Day By TDOW Entry Signal Trades WinPct Win Avg LossAvg RunUp RunDn P L P F AvgTrade C L MaxLoss Profit Avg Bars By TDOM Moving Avgerage Crossover 38 15 79 715 170 715 171 421 0 79 30 18 535 1 143 5 47 By TDOY Bullish Momentum Entry 1 396 29 37 475 210 572 242 226 0 94 9 21 535 12 473 9 93 By Week Day Selling the Average 2413 44 80 575 349 645 397 165 134 65 18 535 156 620 10 77 By Exit Signal By Entry Exit Signal Yn ON Oo S lt S Q D on E S S 0 is oe mt Y D S B J o O D Y D NY o oT 0 tei on By Exit Signal The reports also allow us to view the various exit signals that were used which resulted in a trade Entry rules that stop and reverse an existing position are also considered exits for the purpose of this report Analysis Money Mat Take the next trade No equity filter applied By Year Report Chat By Month By Week By Exit Signal By Day By TDOM Moving Avgerage Crossover By TDOY Ext Long Stop Loss 88 0 00 0
111. y to do this would be High gt Highest High 15 However this condition can never be true Let s examine the function to the right of the operator gt Highest High 15 is setting a value for the Highest high of the last 15 days This will automatically include today s high Now look at the left side of the operator gt High We want to use today s high Examine the logic of what we just asked the computer to find We asked the computer to evaluate the condition of today s high being HIGHER than the highest High of the last 15 days remember this includes today s high Question How can today s high be greater than today s high Answer You re right it Can t If today s high is higher than the previous 15 bars it automatically becomes the highest high and therefore the condition will never be true If today s high is the highest high of the last 15 days it cannot be greater than itself We have to use previous values in order to make the condition be evaluated the way we want The correct way to write the rule is in one of two fashions INCORRECT High gt Highest High 15 CORRECT 1 High Highest High 15 CORRECT 2 High gt Highest High 15 1 In the first correct example we are asking the software to look for all the true conditions where the High of the current bar equals the highest high of the last 15 bars In the second example we are asking the computer to look for all the true conditions if t

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