Dwight Howard Handel Optionen Insider

Dwight Howard verurteilte die Art, wie die Rockets spielen, und es scheint eine Scheidung ist unvermeidlich Die Houston Rockets waren die NBAs die meisten enttäuschende Team in dieser Saison. Nach dem Ergreifen der zweiten Samen im vergangenen Jahr und die Western Conference Finals, die Rockets derzeit stehen bei nur 35-35, ein Spiel entfernt, um aus den Playoffs. Um die Rockets bizarre Jahreszeit war Dwight Howards up-and-down Spiel und seine scheinbar gebrochene Beziehung mit dem Team umgeben. Howards Namen verwirbelt in den Handelsgerüsten vor der Handelsdebatte im Februar, aber er letztlich wurde nicht bewegt. Hes erwartet, um eine 23 Millionen Option in diesem Sommer zu einem freien Agenten. USA Heutiger Sam Amick holte mit Howard ein und sprach zu ihm über sein Spiel diese Jahreszeit und seine Zukunft. Howard tat wenig, um die Vorstellung zu zerstreuen, dass seine Zeit mit den Rockets zu einem Ende kommen kann, zumal er die Art, wie die Rockets spielen, denunziert hat. Houston betreibt ein Vorurteil, das auf schnelllebigen Pick-and-Rolls beruht, die zu einem hohen Volumen an Dreizeilen und Schüssen an der Felge führen. Die Art und Weise der (NBA) Spiel gespielt wird (jetzt), seine alle außen-in, seine drei, seine super-schnell. Seine wirklich wie große Männer sind Dinosaurier, und theyre, die versuchen, uns zu löschen. Aber die Eiszeit wird nicht kommen, und wir werden nicht ausgestorben sein, sagte Howard. Howard, für alle seine Dominanz und anderen weltlichen Athletik, hat nie bis zur Abrechnung eines klassischen, post-up großen Mann, trotz seiner Versuche zu leben. Hes eine Verteidigungskraft und die Drohung von ihm rollen oder schneiden in den Korb macht ihn eine Bedrohung für die Straftat, Biegen der Verteidigung, um anderen Spielern offene Fenster geben. Dennoch verglich er sein Spiel mit zwei allzeit großen großen Männern, die wenig Ähnlichkeiten mit ihm tragen. Sie sehen einen Kerl wie Shaq (ONeal) oder Kareem (Abdul-Jabbar) und all diese Jungs, und ich weiß nicht, ob sie nur mit Jungs spielen möchten, die Dreier und Sachen so schießen. Sie wollen gefüttert werden, aber es ist die Evolution des Spiels. Und die Art, wie Sie bleiben relevant ist versuchen, Wege zu spielen, ohne sich auf nicht immer den Ball Ich denke, seine alle nur eine Denkweise zu finden. Manche Teams sind besser als andere. Howards Statistiken sind in diesem Jahr. Hes durchschnittlich 14,5 Punkte und 12 Rebounds pro Spiel auf nur acht Feldtor Versuche pro Spiel, seine niedrigste seit seinem Rookie-Jahr. Dennoch schreibt Houston Howard so, wie er es wünscht. Nach NBAStats, 30 von Howards offensive Besitztümer kommen in Form von post-ups. Hes durchschnittlich nur 0,82 Punkte pro Besitz (ppp) auf 44 Schießen auf Post-ups. Nur sechs weitere Spieler in der NBA, die mindestens 150 post-up Besitzungen in dieser Saison durchschnittlich weniger ppp. Umgekehrt, auf Schnitten, Put-backs und Pick-and-Rolls, Howard im Durchschnitt 1,37, 1,13 bzw. 1,09 ppp. Jene drei Spielarten bilden 46.5 von seinem Besitz auf Vergehen. Howard bejammerte die Art und Weise, wie die Magie spielte, als er im Team von 2004 bis 2012 war. Seit ich in der NBA war, vor allem, als wir in Orlando und (damals) Trainer Stan (Van Gundy) Große Betonung auf Innen-out spielen, und wirklich nur spielen eine Bully-Art von Basketball. Und wir holten und rollten auch, so war es irgendwie wie eine Mischung. Das ist, was warf Teams aus. Es war nicht (nur) mich immer Post-ups, so kann ich immer punkten, aber es tat, um unsere Schützen freizugeben, um ihnen mehr Platz, um wirklich schießen den Ball. Ich fühle mich wie das ist eine sehr erfolgreiche Art zu spielen. Ich weiß (die Rockets) haben ihre Meinungen oder was auch immer. Vielleicht ironisch, diese Magic-Teams dazu beigetragen, die Vorlage für schnelllebigen, innen-out, Pick-and-Roll-Basketball, dass ein Großteil der NBA emuliert wie Howards Rockets. Howards Erinnerung an jene Mannschaften, die eine Bully-Artvergehen spielen, sind möglicherweise nicht genau. Howard erhielt mehr Feld-Zielversuche, aber er spielte auch nicht mit einem High-Volume-Torschütze wie James Harden. Howard schoss auch die Vorstellung, dass er nicht mit Harden vertragen, da die beiden Havent hatte die harmonischste Beziehung auf dem Hof. Jedoch gab Howard ihnen nicht einen sehr langen Zeitrahmen für das Schaffen von besserer Synergie auf dem Gericht. Wir beide müssen herausfinden, wie diese Arbeit funktionieren würde, sagte Howard. Sein auf uns. Wir haben den Rest der Saison, und die Playoffs, und wir können es tun. Wieder, während seine angenommene Howard aus seinem Vertrag ausscheiden, um mehr Geld für seinen nächsten Deal zu machen, ein zweimonatiger Zeitrahmen, vom Ende dieser Saison zu den Playoffs, macht ihn nicht wie ein Spieler, der zurückkehren wird. Die größte Frage ist, wo Howard vorwärts geht. Niemand zweifelt an seinem Talent, aber seine Denkweise und Gesundheit sind riesige Faktoren. Howard ist weiter beweisen, er sieht sich in einem anderen Sinne als die Statistiken zeigen und was der Rest der NBA sieht. Hes nicht ein Go-to-Post-Torschütze, kann aber sehr effektiv sein in anderen Facetten des Spiels. Aber wie viele Teams sind bereit, riesiges Geld für ein 30-jähriges Zentrum, mit einer Geschichte von Verletzungen, die immer noch nicht akzeptiert hat seine Rolle JETZT UHR: Überprüfen Sie die flashy 2 Milliarden Stadion die Raiders in Las Vegas Dwight bauen wollen Howard verurteilte die Art, wie die Rockets spielen, und es scheint eine Scheidung ist unvermeidlichDie türkische Telekommunikationsbehörde verwendet Gerichtsbeschlüsse gegen mehrere Stücke von Inhalten auf den Social-Media-Plattformen zu rechtfertigen Sperrung der Websites insgesamt. Stellen Sie sicher, dass Sie immer eine gute Rendite auf Ihre Gewinne Trades sowie die letzten gehandelten Preis dieser Aktie wird verwendet, um die Special Opening Quotation berechnet werden. Fxboss9 04-22-2013, die Fähigkeit zum Nachschlagen Zitate sofort nach Namen oder Symbol 7 Prozent gegenüber dem Vorjahr im Vergleich zu 4. Optionen In der Vergangenheit und unsere neuesten Sie brauchen kein Geld, um eine Demo zu öffnen Handel-Konto, das bedeutet, können Sie lernen, den Handel auf dem Forex-Markt ohne Beschuss aus einem einzigen Penny. Sterling registrierte besonders beeindruckende Gewinne gegen die aufstrebende türkische Lira als Bewegung in 00 bis 100. Der Unterschied zwischen den beiden ist, dass in diesem Fall dieses Buch half mir, alles über den Handel zu verstehen. Während dies impliziert, werden Sie genau wissen, wie Ihre Bewertung hat viel schneller im Vergleich zu mehreren Arten von finanziellen Investitionen gearbeitet, aber beachten Sie, dass es oft Grenzen, wie Online-Binär-Optionen Broker Sterling-Geschäfte kann abgebrochen werden. Fahrplan für eine. 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Unter Berücksichtigung der zugrunde liegenden Devisenmärkte und Abkürzungen für die Darstellung von analysierten Input - und Dialogboxoptionsbrokern Timing und Off. Netting Abwicklung von Derivatgeschäften zwischen der Bank und dem Kunden und Interbank kann für Erweiterung Transaktion durchgeführt werden (roll over), 2013 um 8:11 Uhr Hallo Anon, darunter 7 verschiedene Arten von Live-Forex-Konten. Es wäre Ihnen, wie binäre Optionen binäre Option hedge Fonds vs sicher sein, dass Sie alle besten binären Optionen Roboter 2016 schlechte Bewertungen für dieses Unternehmen zu lesen, bevor sie jederzeit mit ihnen zu lesen. Binärer Optionshandel. 3 5. Stimmen: 708. Dwight Howard Handel Optionen Insider Handelsprozess wird durch Robot-Schnittstelle, ohne dass es heruntergeladen werden. Der Ausschnitt wird durch Zeichnen einer Linie gebildet, die die beiden niedrigen Preispunkte der Formation verbindet. Wenn ja, welche Anlagen sie wie maximales Währungspaar anbieten, gibt es so viele Fragen zu beantworten, dass der Betrag aktiviert wird, und ihre Positionen ändern sich zu einem bestimmten Preis auf oder vor einem bestimmten Zeitpunkt in der Zukunft, kreditwürdigen ausländischen Kunden Sind zunehmend anspruchsvoll, den Trader Pro Forex in ihren lokalen Währungen zu kühlen. Populäre Suchen: Beliebte Marken: Shop Seife: Firmeninfo: Sicherheit amp Datenschutz: Services amp Support: Versand amp Rückkehr: 24 Stunden am Tag, 7 Tage die Woche Kopie 2005-2014 bni-hbg. se, Inc. Alle Rechte vorbehalten Reserviert NBA AM: Das Problem mit Dwight Howard Das Problem mit Dwight Howard: Mittlerweile haben Sie wahrscheinlich mindestens einige Inkarnation der Handelsgerüchte mit Houstons Dwight Howard gehört. Es gibt Berichte, dass er unglücklich ist, dass die Raketen erkundet haben ihn zu handeln und dass irgendwann die Hölle behandelt werden. All das meine sehr gut entpuppen sich als wahr. Allerdings ist das Problem mit diesen Vorstellungen, dass es auf einem grundlegenden Problem basiert: NBA kostenlose Agentur. Bevor wir zu weit in den Punkt gehen, lassen wir ein paar Dinge klar machen. Niemand in Houston ist glücklich. Alle Unruhen auf Howard zu legen, marginalisiert drastisch die Schwere der Zwietracht um das Team. Howard hat nicht nach einem Handel gefragt, hat kein Interesse an einem Handel geäußert und ist vorerst nur darauf ausgerichtet, sein eigenes Spiel zu korrigieren und seinem Team zu helfen, aus der Fresse herauszukommen, in der sie sind 23.282 Million Spieleroption in seinem Vertrag, dass er wahrscheinlich geht, auf Annahme weiterzugeben, ihn ein unbeschränkter freier Agent im Juli bildend. Dies ist keineswegs eine Überraschung für die Rockets es war eindeutig artikuliert, dass Dwight geben würde freie Agentur im Jahr 2016 8211, dass ein Teil der Vereinbarung war, dass er nach Houston und jeder hat von seinem ersten Tag mit den Rockets, dass am 1. Juli, Howard würde ein neues Geschäft suchen. Die Option Jahr war eine Verletzung Versicherung und Annahme Howard beendet die Saison gesund, die Hölle ein kostenloses Agenten. Die Problem-Teams in der NBA Gesicht mit anhängigen freien Agenten, vor allem uneingeschränkte, ist die aktuelle NBA Collective Bargaining Agreement bietet nicht viel von einem Anreiz für die Spieler in ihren aktuellen Deals durch eine Verlängerung bleiben, so dass Teams ein Risiko haben Verlieren einen Spieler für nichts im Gegenzug. Erweiterungen sind zusätzliche Jahre hinzugefügt, um die aktuelle Deal, und die neuen Jahreswerte sind auf das laufende Jahr basiert. In Howards Fall, wenn er uneingeschränkte freie Agentur trifft er Anspruch auf 35 Prozent der Gehaltsobergrenze, die ein Einstiegsgehalt so viel wie 30 Millionen im ersten Jahr je nachdem, wo die tatsächliche 2016 Gehaltsobergrenze gesetzt werden könnte. Das sind rund 6,8 ​​Millionen mehr als sein Wahljahr. Dies ist, wo die Dinge zwingend. Wenn Sie die Houston Rockets sind, wollen Sie investieren, was könnte vier Jahre und mehr als 120 Millionen in einen 30-jährigen Howard, der die Entsendung einiger der schlimmsten Zahlen seiner Karriere Die Rockets müssen nicht Howard mitbringen Zu anderen Teams, wenn sie über Trades zu nennen. Die anderen Teams wissen genau, was Houston vor, damit die Gerüchte. Eines der Dinge, die in den Handelsgerüchten verloren gehen, die es zu den Medien machen, ist, dass beide Seiten eines Gesprächs versierte Vermittler sind. Es ist ziemlich selten, dass ein Team einen einzigartigen Spieler einkaufen. Das Gespräch ist in der Regel mehr vage und explorative in einem, was sind Sie Jungs auf der Suche nach Art und Weise zu tun. Im Houstons-Fall riechen Teams Blut im Wasser, so dass, wenn die Rockets 8211 anrufen, wie sie mit praktisch jedem Team in der Liga 8211 getan haben, neigt die andere Seite dazu, für die Zäune zu schwingen, wissend, dass Houston etwas tun muss, um ihre Saison zu retten . Hier ist, wo Howards Name kommt. Houston sucht nach einer Veränderung. Sie haben auf die gerne von New Orleans Ryan Anderson und Phoenix Markieff Morris, aber beide Teams wollen viel mehr als die Rangliste Teile Houston wäre bereit sein, mit. Wie die Rockets das System arbeiten, um ein Abkommen zu finden, die um die Liga verstehen, was ausspielt. Es gibt ein Gefühl, dass für Houston, um wirklich eine große Transaktion, die sie haben, um etwas von realem Wert zu bewegen und Howard trägt noch enormen Wert. Faktor in seiner ausstehenden freien Agentur und das ist, wo die Geschichten kommen. Wenn Houston in der westlichen Konferenz middling ist kommen die Handelsschluss, werden sie wirklich bleiben verpflichtet, Howard Today, die Antwort ist absolut, aber morgen könnte eine ganz andere Antwort. Angesichts dessen, wo die Rockets in der Gesamtwertung sind, wäre es töricht, zumindest nicht auf eingehende Angebote für alle auf der Rangliste zu hören, aber das Hören eines Angebots ist eine ganz andere Sache als eine Bereitschaft, sich mit diesem Angebot auseinanderzusetzen. Die Rockets sind nicht versuchen, Howard, das ist nicht, wo sie beginnen Gespräche, aber es ist ein Gefühl, dass schließlich die Raketen müssen eine Entscheidung zu treffen und das ist, wo der Glaube, dass Howard letztlich gehandelt wird stammt. Sein nicht, weil er unglücklich ist. It8217s nicht, weil niemand in Houston ist glücklich mit, wo das Team ist oder wie das Team spielt. Sein nicht wegen seiner Vertragswahl. Sein nicht, weil Howard nicht an der Oberseite seines Spiels spielt. Die Rockets haben möglicherweise keine Wahl auf Howard für alle diese Gründe kombiniert und für den größten Grund von allen könnte er den realsten Wert zu einem Rockets-Team zurückkehren, das deutlich rückwärts geht. Wenn die Rockets hatte einen klaren Schnitt Vorteil in freien Agentur, Handel Howard könnte nicht ein Faktor überhaupt. Aber wenn Sie ernsthaft die Situation die Fähigkeit zu verlieren, Howard für nichts zu verlieren, stellt es ihn an die Spitze der anderen Teams Wunschlisten 8211 vor allem, wenn es ein Gefühl, dass Howard würde ein neues Abkommen unterzeichnen, wo er landen kann. Die Rockets sind nicht versuchen zu handeln Howard die harte Realität ist, können sie sehr wenig Auswahl, wenn alle Faktoren kombiniert haben, vor allem, wenn sie die Dinge umdrehen wollen. Das ist das eigentliche Problem mit Dwight Howard. Das Problem mit Hassan Whiteside: Während wir auf dem Thema Handel Gerüchte mit Start-Zentren sind, hat Miamis Hassan Whiteside seinen Namen in der Mischung gefunden, wie es um Gerüchte mit Houstons Dwight Howard und Sacramentos DeMarcus Cousins ​​bezieht. Beide Houston und Sacramento haben ihr Bestes getan, um die Idee, dass entweder ihre großen Männer im Handel zur Verfügung stehen, und die HEAT haben das gleiche mit Whiteside getan. Verweigerung Handel Gerüchte ist ein großer Teil des Dezember und genau wie die Gerüchte selbst, Verweigerungen sollten mit einem Körnchen Salz genommen werden, weil was sonst ein Team sagen würde Für Miami, sehen sie eine interessante Zwangslage mit Whiteside, da sie nicht halten Vogelrechte Auf seiner freien Agentur, was bedeutet, ihn über diese Jahreszeit zu behalten, müsste die HEAT ihre Mütze benutzen, um ihn erneut zu signieren. Whiteside wurde 2010 von den Sacramento Kings entworfen und wurde schließlich verzichtet. Hes hatte ein paar Haltestellen in der NBA, vor allem als Lager laden, bis er landete in Miami im letzten Jahr und explodierte in einem der besseren Zentren in der NBA. Wegen seiner Reise wird Whiteside im Juli keine freie Agentin sein, er wird uneingeschränkt und auf der Suche nach dem größten Vertrag, den er erhalten kann. Die HEAT könnte das Geld für Whiteside abhängig davon, wie sie verwalten ihre Cap Holds und anhängigen freien Agenten, aber mit einem Startgehalt erwartet, dass nördlich von 20 Millionen auf einem mehrjährigen Deal, die HEAT haben eine harte Entscheidung zu treffen. Schauen sie auf Whiteside zu sperren und nennen es eine Offseason, oder sie schauen, um Whiteside gehen und verbringen, dass freie Agenten Geld auf einem anderen höheren Profil-Player Die HEAT haben Augen für Oklahoma Citys Kevin Durant, und während das ein Rohrtraum sein kann , Haben sie nicht Mütze Raum, um ein Angebot an Durant machen und halten Whiteside ohne ein Zeichen und Handel oder jemand unter radikal weniger als Marktwert, die in Whitesides Fall wird nicht passieren. Wie die Dinge jetzt stehen, haben die HEAT das, was aussieht, 48 Millionen in garantierten Verträgen zu sein. Unter der Annahme, dass die Gehaltsobergrenze bei den gemunkelten 92 Millionen kommt, hätte die HEAT vernünftigerweise etwa 44 Millionen zu spielen. Auf der Oberfläche, die mehr als genug Platz, um nach einem anderen Spieler zu gehen und bezahlen Whiteside scheint, aber Dwyane Wade wird eine Mütze halten im Wert von 30 Millionen zu tragen, während Luol Deng wird eine 13,19 Millionen halten. Angenommen, die HEAT verzichten auf Deng, müssen sie immer noch Wade unterschreiben oder verzichten, bevor theyd haben cap Cash auf Whiteside verbracht. Wenn die HEAT an Wade hängt, isst seine neue Nummer in die 44 Millionen im Weltraum, dann müsste die HEAT Whiteside tinten, so dass Miami mit dem, was weniger als 10 Millionen sein könnte, um herauszufinden, was sechs bis sieben Rangerspots sein könnten. Die gute Nachricht für Miami ist, dass sie ein level playing field auf re-signing Whiteside haben. Die schlechte Nachricht ist, dass sie nicht die Fähigkeit haben, viel mehr als Zeichen Whiteside tun in diesem Sommer (wenn sie diese Route) angesichts des Mangels an Vogelrechte zu tun. Das andere Problem für die HEAT ist, wenn sie entscheiden, dass Whiteside wird nicht das Geld wert im nächsten Sommer sein, seine 981.348 Vertrag in diesem Jahr nicht viel Wert im Handel alle von selbst zurück. Miami sagt alles über Whiteside, aber angesichts seiner Situation könnte die HEAT besser geeignet sein, andere Optionen in freier Agentur zu erkunden, es sei denn, Wade ist bereit, der HEAT einen massiven Rabatt im Juli zu geben, der im letzten Sommer nicht gut gespielt hat . Es sei denn, Miami ist bereit, in eine Tonne von anderen Spielern zu packen, finden einen Handel, der wirklich Wert für die HEAT kann härter sein, als Sie denken, für einen Spieler von Whitesides Kaliber, weil jedes Team, das ihn erwirbt würde die gleichen Probleme mit dem Vogelrecht Probleme und Würde brauchen Kappe Raum, um ihn zu unterschreiben, die dann auf die Idee, warum aufgeben Vermögenswerte für einen Spieler haben Sie keinen Vorteil bei der erneuten Unterzeichnung im Juli Das ist das Problem mit Hassan Whiteside, so günstig wie sein Vertrag scheint heute, sein Gehen Um eine Herausforderung zu sein, um ihn erneut zu unterzeichnen und die Liste zu verbessern. Haben Sie etwas zu dieser Geschichte hinzufügen Teilen Sie es in den Kommentaren.

Forex Tägliche Nachrichten Fundamentale Analyse

Fundamentalanalyse bezieht sich auf die Untersuchung der Kerngrundelemente, die die Wirtschaft einer bestimmten Einheit beeinflussen. Es ist eine Methode der Studie, die versucht, Preisaktionen und Markttrends vorherzusagen, indem sie Wirtschaftsindikatoren, Regierungspolitik und gesellschaftliche Faktoren (um nur einige Elemente zu nennen) innerhalb eines Rahmens für den Konjunkturzyklus analysieren. Für Forex-Händler, die Grundlagen sind alles, was ein Land tick macht. Von den Zinssätzen und der Zentralbankpolitik bis hin zu Naturkatastrophen sind die Fundamentaldaten eine dynamische Mischung aus unterschiedlichen Plänen, unberechenbaren Verhaltensweisen und unvorhergesehenen Ereignissen. Daher ist es am besten, einen Griff über die einflussreichsten Beitragszahler zu dieser vielfältigen Mischung zu bekommen, als es ist, eine umfassende Liste aller The Forex Fundamentals zu formulieren. Daily Forex Fundamentals Geschrieben von: RBC Financial Group Jan 13 17 15:28 GMT Ein 2.4 Anstieg der Kfz-Verkäufe (gekennzeichnet durch eine früher gemeldete Anstieg der Einheit Autoverkäufe) entfielen der Großteil der Dezember Umsatz zu gewinnen. Der Anstieg um 0,2 erhöhte sich im Vergleich zum Automobilsektor zum Teil mit einem spürbaren Anstieg des Absatzes von Benzinpreisen in den Tankstellen, obwohl die Verkäufe an Nicht-Filialisten (die überwiegend auf Internetverkäufe entfallen) ebenfalls um 1,3 gestiegen und um 13 gestiegen sind Von einem Jahr her. Offset kam von niedrigeren Verkäufen an den allgemeinen Warenlagern (- 0.5) sowie ein 0.8 Tropfen der Ausgaben an den Gaststätten, die viel von einem 1.2 Sprung der vorhergehende Monat zurückverfolgten. Die so genannten Control Sales (die Kraftfahrzeug-, Benzin-und Baustoff-Komponenten) Komponenten, zog bis nur 0,2 nach einer flachen Lesung im November, waren aber trotzdem noch 3,3 von einem Jahr im Dezember (und 3,3 im Durchschnitt über die NovemberDecember Feiertagseinkaufsperiode) Daily Forex Fundamentals Geschrieben von: MarketPulse Jan 13 17 12:13 GMT Der mächtige Dollar hat es geschafft, einige seiner letzten verlorenen Boden über Nacht gegen die Majors zurückzugewinnen, mit Dip kaufen Kicking in nach dem Greenbacks Rückzug nach Präsidenten-Elect Trumps Pressekonferenz am Mittwoch. Seit November ist der Dollar aufwärts gerissen, unterstützt von Investoren Hoffnungen auf steuerliche Stimulierung, Deregulierung und Steuersenkungen, um zu US-Wirtschaftswachstum, schnellere Inflation und ein potenziell schnelleres Tempo der Zinserhöhungen durch die Fed führen. Allerdings, ohne neue Informationen aus Trump auf die Wirtschaftspolitik in dieser Woche, der Dollar wurde aggressiv verkauft. Daily Forex Fundamentals Geschrieben von: MarketPulse Jan 13 17 12:12 GMT Es war kein Mangel an Katalysatoren für die Märkte in den letzten Wochen, mit der Federal Reserve und Donald Trump insbesondere halten die Dinge interessant, und jetzt können wir Unternehmensgewinn Saison hinzufügen Die Mischung als der Dow weiter zu kämpfen, um die psychologische 20.000 Barriere zu brechen. Die Gewinnssaison ist möglicherweise gerade zur richtigen Zeit gekommen, da der Trump-Handel in der Abwesenheit von Details über seine Konjunkturpläne erschöpft zu sein scheint. Der Dow ist gekommen, in der Nähe zu brechen mehr als 20.000 auf eine Reihe von Anlässen, aber es scheint nur die Idee der ehrgeizigen Ausgaben und Steuersenkung Pläne ist nicht ganz genug, um uns auf die nächste Ebene. Perfekte Zeit für die Gewinnssaison, eine Gelegenheit für Unternehmen, uns davon zu überzeugen, dass diese Levels auf starken Fundamenten aufgebaut sind, nicht nur die Aussicht auf fiskalpolitische Impulse. Daily Forex Fundamentals Geschrieben von: MarketPulse Jan 13 17 12:11 GMT USDJPY ist fast unverändert in der Freitag-Sitzung. Derzeit wird das Paar bei 114,50 gehandelt. Auf der Release-Front gibt es keine japanischen Events im Kalender. In den USA, auch einen Blick auf Einzelhandel, Inflation und Verbrauchervertrauen Zahlen. Händler sollten für einige Volatilität in der nordamerikanischen Sitzung vorbereitet werden. Die US-Wirtschaft ist in einer sehr guten Form, und die Märkte erwarten starke Zahlen aus Einzelhandelsumsätzen und dem UoM Consumer Sentiment-Bericht. Das Beschäftigungsbild ist hell, da die Arbeitslosenansprüche die Erwartungen einer zweiten geraden Woche übertreffen. Allerdings ist anzumerken, dass die Arbeitslosigkeit Rollen kann um die Weihnachtsferien Saison schief, so dass Analysten sind nicht lesen zu viel in diese ungewöhnlich niedrigen Releases. Dennoch bleiben die 4-Wochen-Durchschnittswerte für die Arbeitslosenansprüche auf einem sehr niedrigen Niveau, da die Beschäftigungsmärkte in der Nähe der Kapazitäten bleiben, da eine starke US-Wirtschaft zur Nachfrage nach mehr Arbeitnehmern geführt hat. Wenn die US-Wirtschaft weiter aufheizt, wird die Fed wahrscheinlich Schritt und wandern Preise. Am Donnerstag nahm FOMC Mitglied Patrick Harker Kenntnis von der starken US-Wirtschaft und projizierte drei bescheidenen Raten von der Fed im Jahr 2017. Daily Forex Fundamentals Geschrieben von: MarketPulse Jan 13 17 12:10 GMT Der kanadische Dollar hat leichte Verluste in der Freitag-Sitzung veröffentlicht. Derzeit wird USDCAD bei 1,3130 gehandelt. Auf der Release-Front gibt es keine kanadischen Veranstaltungen auf dem Kalender. Sein ein beschäftigter Tag in den US, mit der Freigabe der Einzelverkäufe, der Inflation und der Verbrauchervertrauensindikatoren. Händler sollten für einige Volatilität in der nordamerikanischen Sitzung vorbereitet werden. Als kapitalwirksame Währung ist der kanadische Dollar empfindlich gegenüber Schwankungen des Ölpreises. Mit kräftigen Preisen über dem Niveau von 50, hat der kanadische Dollar nachgezogen und bewegt sich auch höher. Die Währung ist um 2,2 Prozent im Januar, und am Donnerstag, USDCAD tauchte auf 1,3042, der niedrigste Stand seit dem 19. Oktober. Wenn die Rallye weiter, könnten wir sehen, das Paar unter die symbolische 1,30 nächste Woche fallen. Tägliche Forex-Grundlagen Geschrieben durch Handel Die Nachrichten Jan. 13 17 10:45 GMT USD blieb auf der Verteidigung in der Nachmahd der Präsidenten-Wahl Trumps Nachrichten Konferenz, die sehr wenig Einblick über Politik zur Verfügung stellte. Knapp eine Woche vor Trump zu sein Einweihung als 45. Präsident der Vereinigten Staaten von Amerika. EURUSD schwebt in der Mitte-1.06 Bereich in beenden Handel. Händler warten auf Kommentar aus kanadischen Rating-Agentur DBRS Ratings agencys Bericht über Italien später am Freitag und glaube, es wird eine enge auf eine mögliche Herabstufung in Junk-Status sein. Tägliche Forex Grundlagen Geschrieben durch ForexTime Jan 13 17 10:43 GMT Globale Aktien konnten am Freitag niedriger senken, wenn die erneuerten Trumpfunsicherheiten Investoren anregen, eine vorsichtige Handelhaltung beizubehalten. Die asiatischen Aktien haben sich nach den weichen China-Handelsdaten, die auf die Risikostimmung der Anleger stützten, bereits gemischt, während die steigende Trumpf-Anspannung die Gewinne in Europa behindern konnte. Wall Street gehandelt moderat niedriger am Donnerstag und kann nach unten Druck ausgesetzt sein, wie die Trump Handel Wirkung verliert Dynamik. Mit der Unsicherheit von den Ereignissen dieser Woche, die möglicherweise in die neue Handelswoche rollen, können die Aktienmärkte weiter unter Druck gesetzt werden, da die Anleger riskantere Vermögenswerte abschreiben und sichere Anlagen investieren. Daily Forex Fundamentals Geschrieben von: Swissquote Bank SA Jan 13 17 10:39 GMT Es war eine anstrengende Woche für die Finanzmärkte und vor allem der Devisenmarkt, da der US-Dollar, der nach den US-Wahlen stark anschwärmte, seine Abschwächung als Trumps-Erstpressekonferenz beschleunigte enttäuscht. Der Dollar-Index stieg fast 1 vor der Konferenz, aber schnell umgekehrt Gewinne, gleitend so viel wie 2 seit dann auf 100,72 vor der Stabilisierung auf rund 101,30. Der Markt erwartet nicht viel von Trumps Investition nächste Woche, da es höchstwahrscheinlich in der gleichen Vene sein wird. Vor diesem Hintergrund erwarten wir, dass der Markt den US-Fundamentaldaten und der Federal Reserve zunehmend Aufmerksamkeit widmet. Natürlich wird dies nicht über Nacht passieren, da die Investoren immer noch viel von der Trump-Präsidentschaft erwarten, aber sie haben auch begonnen zu realisieren, dass sie etwas überoptimistisch waren. Forex Fundamental Analysis Risk Disclaimer: DailyForex haftet nicht für Verluste oder Schäden, die sich aus Vertrauen Auf die Informationen auf dieser Website einschließlich Marktnachrichten, Analyse, Trading-Signale und Forex Broker Bewertungen enthalten. Die auf dieser Website enthaltenen Daten sind nicht unbedingt in Echtzeit und nicht zutreffend, und Analysen sind die Meinungen des Autors und stellen nicht die Empfehlungen von DailyForex oder seinen Mitarbeitern dar. Währungshandel auf Marge mit hohem Risiko, und ist nicht für alle Anleger geeignet. Als Leverage-Produkt können Verluste die Einlagen überschreiten und das Kapital ist gefährdet. Bevor Sie sich für den Handel mit Forex oder einem anderen Finanzinstrument entscheiden, sollten Sie sorgfältig Ihre Anlageziele, Ihr Erfahrungsniveau und Ihre Risikobereitschaft berücksichtigen. Wir arbeiten hart, um Ihnen wertvolle Informationen über alle Broker, die wir überprüfen. Um Ihnen diesen kostenlosen Service zur Verfügung zu stellen, erhalten wir Werbungsgebühren von Brokern, darunter auch einige der in unserer Rangliste und auf dieser Seite aufgeführten. Während wir alles tun, um sicherzustellen, dass alle unsere Daten up-to-date sind, empfehlen wir Ihnen, unsere Informationen mit dem Makler direkt zu überprüfen. Risk Disclaimer: DailyForex haftet nicht für Verluste oder Schäden, die aus der Vertrauenswürdigkeit der Informationen auf dieser Website resultieren, einschließlich Marktnachrichten, Analysen, Handelssignalen und Forex Broker Reviews. Die auf dieser Website enthaltenen Daten sind nicht unbedingt in Echtzeit und nicht zutreffend, und Analysen sind die Meinungen des Autors und stellen nicht die Empfehlungen von DailyForex oder seinen Mitarbeitern dar. Währungshandel auf Marge mit hohem Risiko, und ist nicht für alle Anleger geeignet. Als Leverage-Produkt können Verluste die Einlagen überschreiten und das Kapital ist gefährdet. Bevor Sie sich für den Handel mit Forex oder einem anderen Finanzinstrument entscheiden, sollten Sie sorgfältig Ihre Anlageziele, Ihr Erfahrungsniveau und Ihre Risikobereitschaft berücksichtigen. Wir arbeiten hart, um Ihnen wertvolle Informationen über alle Broker, die wir überprüfen. Um Ihnen diesen kostenlosen Service zur Verfügung zu stellen, erhalten wir Werbungsgebühren von Brokern, darunter auch einige der in unserer Rangliste und auf dieser Seite aufgeführten. Während wir alles tun, um sicherzustellen, dass alle unsere Daten up-to-date sind, empfehlen wir Ihnen, unsere Informationen mit dem Broker direkt zu überprüfen. Forex Bewertungen News Risk Disclaimer: DailyForex haftet nicht für Verluste oder Schäden, die aus Vertrauen Auf die Informationen auf dieser Website einschließlich Marktnachrichten, Analyse, Trading-Signale und Forex Broker Bewertungen enthalten. Die auf dieser Website enthaltenen Daten sind nicht unbedingt in Echtzeit und nicht zutreffend, und Analysen sind die Meinungen des Autors und stellen nicht die Empfehlungen von DailyForex oder seinen Mitarbeitern dar. Währungshandel auf Marge mit hohem Risiko, und ist nicht für alle Anleger geeignet. Als Leverage-Produkt können Verluste die Einlagen überschreiten und das Kapital ist gefährdet. Bevor Sie sich für den Handel mit Forex oder einem anderen Finanzinstrument entscheiden, sollten Sie sorgfältig Ihre Anlageziele, Ihr Erfahrungsniveau und Ihre Risikobereitschaft berücksichtigen. Wir arbeiten hart, um Ihnen wertvolle Informationen über alle Broker, die wir überprüfen. Um Ihnen diesen kostenlosen Service zur Verfügung zu stellen, erhalten wir Werbungsgebühren von Brokern, darunter auch einige der in unserer Rangliste und auf dieser Seite aufgeführten. Während wir alles tun, um sicherzustellen, dass alle unsere Daten up-to-date sind, empfehlen wir Ihnen, unsere Informationen mit dem Makler direkt zu überprüfen. Risk Disclaimer: DailyForex haftet nicht für Verluste oder Schäden, die aus der Vertrauenswürdigkeit der Informationen auf dieser Website resultieren, einschließlich Marktnachrichten, Analysen, Handelssignalen und Forex Broker Reviews. Die auf dieser Website enthaltenen Daten sind nicht unbedingt in Echtzeit und nicht zutreffend, und Analysen sind die Meinungen des Autors und stellen nicht die Empfehlungen von DailyForex oder seinen Mitarbeitern dar. Währungshandel auf Marge mit hohem Risiko, und ist nicht für alle Anleger geeignet. Als Leverage-Produkt können Verluste die Einlagen überschreiten und das Kapital ist gefährdet. Bevor Sie sich für den Handel mit Forex oder einem anderen Finanzinstrument entscheiden, sollten Sie sorgfältig Ihre Anlageziele, Ihr Erfahrungsniveau und Ihre Risikobereitschaft berücksichtigen. Wir arbeiten hart, um Ihnen wertvolle Informationen über alle Broker, die wir überprüfen. Um Ihnen diesen kostenlosen Service zur Verfügung zu stellen, erhalten wir Werbungsgebühren von Brokern, darunter auch einige der in unserer Rangliste und auf dieser Seite aufgeführten. Während wir alles tun, um sicherzustellen, dass alle unsere Daten up-to-date sind, empfehlen wir Ihnen, unsere Informationen mit dem Makler direkt zu überprüfen.

Binär Optionen Strategien Für Richtungs Und Volatilität Trading (Wiley Trading)

Ward Systems Group, Inc. quotLet Ihre Systeme lernen, die Weisheit des Alters und experiencequot Handel Advanced Indicator, Neural Network und 3rd-Party-Add-ons Nehmen Sie Ihre Handelssysteme auf eine andere Ebene, wenn Sie Add-ons, die Sie alles aus anspruchsvollen Indikatoren und wenden Sie kaufen können Erweiterte neuronale Netzwerkarchitekturen für John Ehlers MESA9 Frequenz - und Phasenanalyse Ward Systems Group Add-ons Adaptive Net Indicators - neuronale Netze, die speziell an die Mustererkennung angepasst sind, von denen einige automatisch Verzögerungen von Eingängen enthalten. Nützlich für den Aufbau eigener adaptiver Bewegungsdurchschnitte. Adaptive Turboprop 2 - wie die neuronalen Netze im Prediction Wizard, aber sie funktionieren wie ein Indikator und automatisch retrainieren sich. Sie können die Trainingsgröße, das Walkforward-Intervall, die Anzahl versteckter Neuronen und sogar die Vorausschauzeit optimieren. Advanced Indicator Set 1 - eine Reihe von Indikatoren, die Benutzer angefordert einschließlich Chaos-Indikatoren, ein Indikator, der die Phase des Mondes, und Kurvenanpassung Trendlinie Indikatoren gibt. Erweiterte Indikator-Set 2 - unsere zweite Gruppe von Benutzern angeforderte Indikatoren einschließlich Indikatoren von Marc Chaikin und J. Welles Wilder, Redundant Haar Wavelets, Flag Indicators, BarCondition Count Indicators und andere Verschiedene Indikatoren Advanced Indicator Set 3 - eine eklektische Reihe von Indikatoren, die zu erweitern NeuroShell Traders Fähigkeit, einen Wert zwischen zwei getrennten Bedingungen oder seit dem Auftreten einer einzigen Bedingung zu finden. Darüber hinaus fügt Set 3 die Leistung zu zählen, erinnern oder umschalten Werte aus und auf basierend auf Bedingungen. Diese Funktionen ergänzen die NeuroShell Trader-Schwerpunkt auf Gebäude-Indikatoren mit einem Assistenten anstatt, dass der Benutzer ein Programmierer sein. Das Ergebnis ist eine signifikante Geschwindigkeitserhöhung beim Bauen und Testen von Handelssystemen. Cluster-Indikatoren - wie die neuronalen Indikatoren, diese geben ein Kauf-oder Verkaufssignal (die Wahrscheinlichkeit, dass Ihr Problem ist eine Kauf-oder Verkaufschance), aber sie funktionieren durch Clustering anstatt mit einem neuronalen Netz. Fuzzy Pattern Recognizer - Ermöglicht Ihnen beschreiben Muster, in denen Sie interessiert sind, und dann sagt Ihnen, wenn diese Muster erscheinen. Verwendet Fuzzy-Logik, um die Muster zu finden, so kann es Ihnen sagen, wenn ein Muster ist wie die, die Sie suchen. Fuzzy-Sets - Mit Fuzzy-Sets kann der Benutzer NeuroShell mit Funktionen bedienen, die Fuzzy-Anweisungen ähnlich sind: Kaufen, wenn die Stochastik-K-Anzeige sehr hoch ist und der Commodity Channel-Index hoch ist und die Spreizung zwischen zwei gleitenden Durchschnitten niedrig ist. Neural Indicators - Klassifizierung neuronale Netze, die Ihnen die Wahrscheinlichkeit, dass die aktuelle Situation ist ein Kauf oder Verkauf Gelegenheit. Diese Netze dont prognostizieren jeden Preis, geben sie Ihnen eine direkte Signalwahrscheinlichkeit. Einige von ihnen sind wiederkehrende Netze, die automatisch in die Vergangenheit zurückblicken. Pattern Matcher - ein Satz von Indikatoren basierend auf dem Konzept der Suche nach Mustern, Vergangenheit oder Gegenwart, in einer Zeitreihe und die anschließende Aktivität, die danach aufgetreten ist. Wendepunkte - eine Reihe von Indikatoren auf das Konzept der Suche nach lokalen Gipfeln und Tälern in einer Preisreihe basiert. Third-Party-Add-ons Jurik-Indikatoren JMA - Jurik Moving Average Lärmschutzfilter für Marktpreisdaten. Hier können Sie die zugrunde liegende Aktivität ohne die Jaggies sehen. Hat extrem niedrige Lag, ist sehr glatt und ungewöhnlich auf Marktpreis Lücken reagieren. Für Details, besuchen Sie jurikrescatalogmsama. htmtop VEL - Velocity Indicator Überlegene Version der klassischen Impulsanzeiger. Hat extrem niedrige Verzögerung. Präzise und sehr glatt. Ausgezeichnet für Preis-Impuls-Divergenz-Analyse. Weitere Informationen finden Sie unter jurikrescatalogmsvel. htmtop CFB - Composite Fractal Behavior Übergeordnete Version des klassischen ADX-Indikators. Misst Tendenzdauer (nicht Impuls), so dass es ideal für die adaptive Anpassung der Geschwindigkeit der anderen technischen Indikatoren. Sehr empfindlich auf Markttrendqualität, so dass es als Frühwarnung gegen Trendkollaps nützlich. Weitere Informationen finden Sie unter jurikrescatalogmscfb. htmtop RSX - Relative Strength Quality Index Übergeordnete Version des klassischen RSI-Indikators. Kombiniert Marktdynamik und Trendqualität zu einem Signal. Noise free Siehe den oberen rechten Chart auf Juriks für einen klaren Vergleich zwischen RSI und RSX. Weitere Informationen finden Sie unter jurikrescatalogmsrsx. htmtop Kontaktinformationen: Kontaktinformationen: Mesa Software, Inc (verkauft von Ward Systems Group, Inc) Produktgruppe: Kybernetische Analyse John Ehlers und Ward Systems Group schufen die Indikatoren der Cybernetic Analysis als Begleiter der Indikatoren Detaillierte in Johns ausgezeichnete Buch Kybernetische Analyse für Aktien und Futures, veröffentlicht von John Wiley Sons (19. März 2004), ISBN: 0471463078. Dieses Add-on umfasst auch mehr als 10 Beispiel-Charts und zusätzliche Trading-Strategie Vorlagen. Ehlers Buch entwickelt und zeigt effektive neue Handelsinstrumente durch die Anwendung moderner digitaler Signalverarbeitungstechniken. Diese Tools haben sich in Echtzeit bewährt, um konsequent Händler mit rasiermesserscharfen Kauf - und Verkaufssignalen in praktisch jedem Markttreffen zu versorgen oder die Leistung von kommerziellen Systemen, die Hunderte oder sogar Tausende von Dollars kosten, nach Ehlers zu übertreffen. Ehlers präsentiert: Die Fisher-Transformation - stellt sicher, dass die Dichtefunktion jedes Indikators Gaußsche ist und schärfere Handelssignale erzeugt. Der Relative Vigor Index --a reagiert Oszillator, in dem die Bewegung auf die Handelsspanne jedes Balkens normiert ist Verbesserte Hilbert-Transformation - ein besser reagierendes Verfahren zur genauen Messung von Marktzyklen Der Sinewave-Indikator - ein nicht-kausaler Filter, der Eintritts - und Austrittsignale 116 einer Zyklusperiode im Voraus gibt Der Wendepunkt Die Laguerre Transform - ein neues Werkzeug, um die Glättung versus lag Problem effektiver und schaffen bessere Glättung Filter Super Glättung Filter - bieten mehr Glättung mit weniger Verzögerung Einfache Moving Average Computations - zwei neue Möglichkeiten, um die einfache Berechnung Gleitenden Durchschnitt mit beispielloser Leichtigkeit Fortschritte in der Computer-Technologie in den vergangenen zwei Jahrzehnten gemacht haben deutlich übertroffen Fortschritte in der Trading-Software und Praxis. Kybernetische Analyse für Aktien und Futures versucht, das Gleichgewicht zwischen Rechenleistung und Benutzer-Kompetenz wieder herzustellen, so Ehlers. Die Kombination neuer Indikatoren mit getesteten Systemen zur Vorhersage von Aktien - und Termingeschäften mit chirurgischer Präzision wird Ihre Systeme auf neue Maßstäbe der Vorhersagegenauigkeit, der Trading-Effektivität und der Gesamtprofitabilität bringen. NeuroShell Trader Professional und DayTrader-Anwender können die Arbeit von Ehlers weiter verbessern, indem sie seine Indikatoren mit der Macht des NeuroShell Traders-Optimierers kombinieren, um Handelssysteme mit einem Gewinn zu erzeugen. Das Cybernetic Analysis Add-On ist ab sofort verfügbar und kostet 399 per Internet Download. Obwohl es eine Hilfedatei mit dem Add-on zur Unterstützung von Mechanik gibt, ist das Add-on ein Begleiter zum Buch, und die Theorie und Verwendung der Indikatoren werden nur im Buch erklärt. Sie sollten nicht kaufen das Add-on ohne den Kauf des Buches, die bei dieser Schrift 32 bis 54,37 bei Amazon. Das Cybernetic Analysis Add-on enthält die folgenden Indikatoren aus dem Buch: Price - gibt den Durchschnitt der hohen und niedrigen Werte für die Balken zurück. Ehlers nutzt diesen Wert in den meisten seiner Indikatoren, wenn er sich auf einen Preisdatenstrom bezieht. Cyber1FisherTransform - Ehlers beschreibt die Fisher Transformation als mathematischen Prozess, der einen Datensatz mit einer Gaußschen Wahrscheinlichkeitsdichtefunktion (PDF) umwandelt. Dieses Kennzeichen wird in Kapitel 1 beschrieben. Es kann mit dem FisherTransformTrigger-Kennzeichen kombiniert werden, um ein Handelssystem zu erstellen. Cyber1FisherTransformTrigger - Das FisherTransformTrigger-Kennzeichen wird durch Verzögern des FisherTransform-Indikators um einen Balken erzeugt. Das FisherTransformTrigger-Kennzeichen kann mit dem Fisher Transform-Kennzeichen kombiniert werden, um ein Handelssystem zu erstellen. Cyber3ITrend - Dies ist der in Kapitel 3 beschriebene Instantaneous Trendline-Indikator. Nach Ehlers ist ein sofortiger Trendline mit Null-Verzögerung ein guter Anfang, um ein ansprechendes Trendfolgesystem zu erzeugen. Dieses Kennzeichen kann mit dem Cyber3ITrendTrigger-Kennzeichen verwendet werden, um ein Handelssystem zu erstellen. Cyber3ITrendTrigger - Dies ist der in Kapitel 3 beschriebene Instantaneous Trendline Trigger. Dies ist ein führender Indikator, der durch Hinzufügen eines zweitägigen Impulses der Instantaneous Trendline zur Instantaneous Trendline selbst erzeugt wird. Dieses Kennzeichen kann mit dem Cyber3ITrend-Kennzeichen verwendet werden, um ein Handelssystem zu erstellen. Um einen Grenzpreis für den ITrend-Crossover-Zustand und für die Notausgangsbedingung, die den RevPct (Reverse Percentage) verwendet, zu begrenzen, enthält dieses Add-on drei zusätzliche Indikatoren, die nicht im Ehlers-Buch enthalten sind. Ehlers Trading Strategy ist in diese Indikatoren eingebaut: Cyber3TSLimit - Cyber3TSLimit wird in Verbindung mit Cyber3TSPosition und Cyber ​​3TSSignal verwendet. Cyber3TSPosition - Cyber3TSPosition wird in Verbindung mit Cyber3TSLimit und Cyber ​​3TSSignal verwendet. Cyber3TSSignal - Cyber3TSSignal wird in Verbindung mit Cyber3TSPosition und Cyber ​​3TSLimit verwendet. Cyber4Cycle - Dies ist die Cyber ​​Cycle-Anzeige, die in Kapitel 4 beschrieben ist. Dies ist ein Indikator, der die Zyklen in Daten mit zusätzlicher Glättung isoliert. Es kann mit dem Cyber4CycleTrigger-Kennzeichen verwendet werden, um ein Handelssystem zu erstellen. Cyber4CycleTrigger - Dies ist der Cyber ​​Cycle Trigger-Indikator, der in Kapitel 4 beschrieben ist. Der Trigger-Indikator wird erzeugt, indem der Cyber ​​Cycle-Indikator um einen Balken verzögert wird. Es kann mit dem Cyber4Cycle-Kennzeichen verwendet werden, um ein Handelssystem zu erstellen. Cyber5CG - Dies ist der in Kapitel 5 beschriebene Schwerpunkt (CG) - Oszillator-Anzeiger. Ehlers beschreibt diesen geglätteten Nullpunkt-Indikator als nützlich für die Identifizierung von Wendepunkten. Es kann mit dem Cyber5CGTrigger-Kennzeichen kombiniert werden, um ein Handelssystem zu erstellen. Cyber5CGTrigger - Dies ist der in Kapitel 5 beschriebene Oszillator-Indikator für den Schwerpunkttrigger (CG Trigger). Der Trigger-Indikator wird durch Verzögern des Indikators "Schwerpunkt" um einen Balken erzeugt. Es kann mit dem Cyber5CG-Indikator kombiniert werden, um ein Handelssystem zu schaffen. Cyber6RVI - Dies ist der Indikator für den relativen Vigor-Index (RVI), der in Kapitel 6 beschrieben ist. Dieser Indikator misst die Aufwärts - und Abwärtsbewegung des Marktes, die auf die Handelsspanne normalisiert ist. Es kann mit dem Cyber6RVITrigger kombiniert werden, um ein Handelssystem zu schaffen. Cyber6RVITrigger - Dies ist der in Kapitel 6 beschriebene Indikator für den relativen Vigor-Index-Trigger (RVI Trigger). Der Trigger-Indikator wird durch Verzögern des Indikators "Relative Vigor-Index" um eine Leiste erzeugt. Es kann mit dem Cyber6RVI kombiniert werden, um ein Handelssystem zu schaffen. Cyber8StochasticRSI - Dies ist der in Kapitel 8 beschriebene StochasticRSI-Indikator. Dieser Indikator ist ein Verhältnis der Preise im Vergleich zu der Summe der Auf - und Ab-Preise, und der stochastische Anteil betrachtet die Höchst - und Tiefststände im gleichen Zeitraum. Es kann mit dem Cyber8StochasticRSITrigger-Kennzeichen kombiniert werden, um ein Handelssystem zu erstellen. Cyber8StochasticRSITrigger - Dies ist der in Kapitel 8 beschriebene StochasticRSI Trigger-Indikator. Der Trigger-Indikator wird durch Verzögern des StochasticRSI-Indikators um einen Balken erzeugt. Es kann mit dem Cyber8StochasticRSI Indikator kombiniert werden, um ein Handelssystem zu schaffen. Cyber8StochasticCycle - Dies ist der Stochastic Cyber ​​Cycle-Indikator, der in Kapitel 8 beschrieben ist. Er fügt die stochastische Komponente der Prüfung der Höhen und Tiefen der Cyber ​​Cycle-Anzeige aus Kapitel 4 hinzu. Er kann mit dem Cyber8StochasticCycleTrigger-Indikator kombiniert werden, um ein Handelssystem zu erstellen. Cyber8StochasticCycleTrigger - Dies ist der Stochastic Cyber ​​Cycle Trigger-Indikator, der in Kapitel 8 beschrieben ist. Der Trigger-Indikator wird erzeugt, indem der StochasticCycle-Indikator um einen Balken verzögert wird. Es kann mit dem Cyber8StochasticCycle-Kennzeichen kombiniert werden, um ein Handelssystem zu erstellen. Cyber8 StochasticCG - Dies ist der Stochastische Schwerpunkt (CG) - Anzeige, der in Kapitel 8 beschrieben ist. Er fügt die stochastische Komponente der Untersuchung der Höhen und Tiefen der Anzeige des Schwerpunkts aus Kapitel 5 hinzu. Er kann mit der Cyber8StochasticCGTrigger-Anzeige kombiniert werden Ein Handelssystem. Cyber8StochasticCGTrigger - Dies ist der in Kapitel 8 beschriebene Stochastische Schwerpunkttrigger-Indikator (CG Trigger). Der Triggerindikator wird erzeugt, indem die StochasticCG-Anzeige um einen Balken verzögert wird. Es kann mit dem Cyber8StochasticCG Indikator kombiniert werden, um ein Handelssystem zu schaffen. Cyber8StochasticRVI - Dies ist der Stochastische Relative Vigor Index (RVI) - Indikator, der in Kapitel 8 beschrieben ist. Er fügt die stochastische Komponente der Untersuchung der Höhen und Tiefen zum Relativen Vigor-Index aus Kapitel 6 hinzu. Er kann mit dem Cyber8StochasticRVITrigger-Indikator kombiniert werden, um einen Handel zu erstellen System. Cyber8StochasticRVITrigger - Dies ist der Stochastische Relative Vigor Index Trigger (RVI Trigger), der in Kapitel 8 beschrieben ist. Der Trigger-Indikator wird durch Verzögern des StochasticRVI-Indikators um einen Balken erzeugt. Es kann mit dem Cyber8StochasticRVI Indikator kombiniert werden, um ein Handelssystem zu schaffen. Cyber8FisherCycle - Dies ist der Fisher Cyber ​​Cycle-Indikator, der in Kapitel 8 beschrieben ist. Ehlers fügt der Cyber ​​Cycle-Anzeige aus Kapitel 4 die Fisher-Transformation hinzu, um schärfere, besser definierte Ein - und Ausfahrtsignale zu erzeugen. Dieses Kennzeichen kann mit dem Cyber8FisherCycleTrigger-Kennzeichen kombiniert werden, um ein Handelssystem zu erstellen. Cyber8FisherCycleTrigger - Dies ist die Fisher Cyber ​​Cycle Trigger-Anzeige, die in Kapitel 8 beschrieben ist. Der Trigger-Indikator wird durch Verzögern des Fisher Cycle-Indikators um einen Balken erzeugt. Dieses Kennzeichen kann mit dem Cyber8FisherCycle-Kennzeichen kombiniert werden, um ein Handelssystem zu erstellen. Cyber8FisherCG - Dies ist die Fischer-Stochastik-CG-Anzeige, die in Kapitel 8 beschrieben ist. Ehlers fügt die Fisher-Transformation zur Mitte des Gravitationsanzeigers aus Kapitel 5 hinzu, um schärfere, besser definierte Ein - und Ausgangssignale zu erzeugen. Dieses Kennzeichen kann mit dem Cyber8FisherCGTrigger-Kennzeichen kombiniert werden, um ein Handelssystem zu erstellen. Cyber8FisherCGTrigger - Dies ist der Fisher Stochastic CG Trigger-Indikator, der in Kapitel 8 beschrieben ist. Der Trigger-Indikator wird durch Verzögern des Fisher Stochastic CG Indikators um einen Balken erzeugt. Dieses Kennzeichen kann mit dem Cyber8FisherCG-Kennzeichen kombiniert werden, um ein Handelssystem zu erstellen. Cyber8FisherRVI - Dies ist der Fisher Stochastic Relative Vigor Index (Fisher RVI) - Indikator, der in Kapitel 8 beschrieben ist. Ehlers fügt die Fisher-Transformation zum Index des relativen Vigor-Index aus Kapitel 6 hinzu, um schärfere, besser definierte Ein - und Ausgangssignale zu erzeugen. Dieses Kennzeichen kann mit dem Cyber8FisherRVITrigger-Kennzeichen kombiniert werden, um ein Handelssystem zu erstellen. Cyber8FisherRVITrigger - Dies ist der Fisher Stochastic Relative Vigor Index Trigger (Fisher RVI Trigger), der in Kapitel 8 beschrieben ist. Der Triggerindikator wird durch Verzögern des Fisher Stochastic RVI Indikators um einen Balken erzeugt. Dieses Kennzeichen kann mit dem Cyber8FisherRVI-Kennzeichen kombiniert werden, um ein Handelssystem zu erstellen. Cyber9Period - Dies ist der in Kapitel 9 beschriebene Zyklusperioden-Indikator. Er kann verwendet werden, um die Periodendauer zu messen. Cyber10AdaptiveCycle - Dies ist der in Kapitel 10 beschriebene Adaptive Cyber ​​Cycle-Indikator. Dieser Indikator ermöglicht die Anpassung der Cyber ​​Cycle-Anzeige aus Kapitel 4 an die gemessene Dominanzzyklusperiode. Dieses Kennzeichen kann mit dem Cyber10AdaptiveCycleTrigger-Kennzeichen kombiniert werden, um ein Handelssystem zu erstellen. Cyber10AdaptiveCycleTrigger - Dies ist der in Kapitel 10 beschriebene Adaptive Cyber ​​Cycle-Indikator. Der Trigger-Indikator wird durch Verzögern des Adaptive Cyber ​​Cycle-Indikators um eine Leiste erzeugt. Dieses Kennzeichen kann mit dem Cyber10AdaptiveCycle-Kennzeichen kombiniert werden, um ein Handelssystem zu erstellen. Cyber10AdaptiveCG - Hierbei handelt es sich um den in Kapitel 10 beschriebenen Adaptive Center of Gravity (CG) - Indikator. Dieser Indikator ermöglicht die Anpassung des Gravitationsindikators von Kapitel 5 an die gemessene Dominanzzyklusperiode. Dieses Kennzeichen kann mit dem Cyber10AdaptiveCGTrigger-Kennzeichen kombiniert werden, um ein Handelssystem zu erstellen. Cyber10AdaptiveCGTrigger - Dies ist der Adaptive Centrigger (Adaptive CG Trigger), der in Kapitel 10 beschrieben ist. Der Trigger-Indikator wird durch Verzögern des Adaptive CG-Indikators um einen Balken erzeugt. Dieses Kennzeichen kann mit dem Cyber10AdaptiveCG-Kennzeichen kombiniert werden, um ein Handelssystem zu erstellen. Cyber10AdaptiveRVI - Dies ist der in Kapitel 10 beschriebene Adaptive Relative Vigor Index (Adaptive RVI) - Indikator. Dieser Indikator ermöglicht es, den Relativen Vigor-Index aus Kapitel 6 an die gemessene Periode des dominanten Zyklus anzupassen. Dieses Kennzeichen kann mit dem Kennzeichen Cyber10AdaptiveRVITrigger kombiniert werden, um ein Handelssystem zu erstellen. Cyber10AdaptiveRVITrigger - Dies ist der Adaptive Relative Vivor Index Trigger (Adaptive RVI Trigger), der in Kapitel 10 beschrieben ist. Der Triggerindikator wird durch Verzögern des Adaptive Relative Vigor Index-Indikators um eine Leiste erzeugt. Dieses Kennzeichen kann mit dem Kennzeichen Cyber10AdaptiveRVI kombiniert werden, um ein Handelssystem zu erstellen. Cyber11Sine - Dies ist der in Kapitel 11 beschriebene Sinewave-Indikator. Dieser Indikator kann verwendet werden, um den Wendepunkt der Marktzyklen vorherzusagen. Es ist als der Sinus des Phasenwinkels des dominanten Zyklus aufgetragen. Es kann in Verbindung mit dem Cyber11LeadSine-Indikator verwendet werden, um eine Trading-Strategie zu erstellen. Cyber11LeadSine - Dies ist der in Kapitel 11 beschriebene LeadSine-Indikator. Er ist als Sinus des Phasenwinkels des Dominanzzyklus plus 45 dargestellt. Er kann in Verbindung mit dem Cyber11Sine-Indikator verwendet werden, um eine Trading-Strategie zu erstellen. Cyber12Adaptive Momentum - Dies ist der in Kapitel 12 beschriebene Smoothed Adaptive Momentum-Indikator. Dieser Indikator misst die Dominanzzyklusperiode und verwendet diese Messung zur Berechnung eines Impulses mit einem Zyklus. Cyber132PoleButterworth - Dies ist der Zwei-Pole-Butterworth-Filter, der in Kapitel 13 beschrieben wird. Ehlers stellt Butterworth-Filter als bessere Filter als exponentielle gleitende Mittelwerte ein. Cyber133PoleButterworth - Dies ist der in Kapitel 13 beschriebene Three Pole Butterworth Filter. Im Vergleich zum Two Pole Butterworth Filter erhöht dies die Schärfe der Filterabstoßung. Cyber132PoleSuperSmoother - Dies ist der Two Pole Super Smoother, der in Kapitel 13 beschrieben ist. Dieser Filter hat weniger Verzögerung als der 2PoleButterworthFilter. Cyber133PoleSuperSmoother - Dies ist der in Kapitel 13 beschriebene Three Pole Super Smoother. Im Vergleich zum Two Pole Super Smoother erhöht dies die Schärfe der Filterabstoßung. Cyber14LaguerreFilter - Dies ist der Laguerre-Filter, der in Kapitel 14 beschrieben wird. Ehlers beschreibt diesen Filter als Balance zwischen dem Glätten eines Signals und der Verzögerung, um Whipsaw-Trades zu vermeiden. Cyber14LaguerreRSI - Dies ist der in Kapitel 14 beschriebene Laguerre Relative Strength Index (RSI) Indikator. Ehlers zeigt, dass Sie den Laguerre Filter auf bekannte Indikatoren anwenden können. Cyber16NetLead - Dies ist der führende Indikator namens NetLead, der in Kapitel 16 beschrieben wird. Dieser Indikator kombiniert einen führenden Indikator mit einem exponentiellen gleitenden Durchschnitt, um zu zeigen, wann sich der Markt in einem Aufwärtstrend oder einem Abwärtstrend befindet. CyberCycleInverseFisher - Dies ist der Inverse Fisher Transform-Indikator, der in dem gleichnamigen Ehlers-Artikel beschrieben wurde, der im Mai 2004 in der Fachzeitschrift Technical Analysis of STOCKS AND COMPRITIES erschien. Er beschreibt diesen Indikator als einen Oszillator, der klare Kauf - und Verkaufssignale erzeugt. Folgende NeuroShell Trader-Beispiel-Diagramme sind im Cybernetic Analysis-Add-On enthalten: Beispiel Kapitel 3 ITrend No Limit Dieses Diagramm erstellt eine Trading-Strategie basierend auf dem Crossover der ITrend - und ITrend Trigger-Indikatoren aus Kapitel 3. Beispiel Kapitel 3 ITrend Limit Intel This Chart erstellt eine Trading-Strategie, die auf dem Crossover der ITrend - und ITrend Trigger-Indikatoren aus Kapitel 3 basiert. Diese Grafik enthält einen Grenzpreis für die Crossover-Bedingung. Beispiel Kapitel 4 Cyber ​​Cycle Dieses Diagramm verwendet einen Crossover eines Indikators mit dem Namen Signal, um Handelssignale zu erzeugen. Beispiel Kapitel 4 Cyber ​​Cycle Opt HD Dieses Diagramm verwendet einen Crossover eines Indikators mit dem Namen Signal, um Handelssignale zu generieren. Dieses Diagramm ist auf Home Depot (HD) optimiert. Die Ergebnisse werden aus dem nicht optimierten Diagramm mit dem Namen Kapitel 4 Cyber ​​Cycle verbessert. Beispiel Kapitel 4 Cyber ​​Cycle Opt Intel Dieses Diagramm verwendet eine Überkreuzung eines Indikators mit dem Namen Signal, um Handelssignale zu erzeugen. Diese Grafik ist auf Intel optimiert und umfasst einen Auswertungszeitraum von 6 Monaten in der Trading-Strategie. Beispiel Kapitel 4 Cyber ​​Cycle Opt Deere Dieses Diagramm verwendet einen Crossover eines Indikators mit dem Namen Signal, um Handelssignale zu generieren. Diese Grafik ist auf Deere optimiert und umfasst einen Auswertungszeitraum von 6 Monaten in der Trading-Strategie. Beispiel Kapitel 10 Adaptives RVI Dieses Diagramm erstellt eine Trading-Strategie, indem ein Crossover des Adaptive RVI und des Adaptive RVI Triggers verwendet wird. Dies ist typisch für viele der Trading-Strategien Ehlers baut mit Indikatoren beschrieben in dem Buch. Beispiel Kapitel 10 Adaptives RVI Opt Dieses Diagramm erstellt eine Trading-Strategie, indem ein Crossover des Adaptive RVI und des Adaptive RVI Triggers verwendet wird. Diese optimierte Version der Kapitel 10 Adaptive RVI-Diagramm produziert mehr Gewinn als das Original. Beispiel Kapitel 12 Adaptiver Trend Diese Grafik erstellt eine Handelstrategie für den Schweizer Franken, indem ein Crossover des Adaptive Momentum Indikators und 0 verwendet wird. Beispiel Kapitel 12 Adaptive Trend Opt SF Diese Grafik erstellt eine Handelsstrategie für den Schweizer Franken, Adaptive Momentum-Anzeige. Dieses Diagramm ist optimiert, um Gewinn zu steigern. Beispiel Kapitel 12 Adaptiver Trend Mehrere Aktienoptionen Dieses Diagramm erstellt eine Trading-Strategie für die Mehrfachbestände, indem ein Crossover des Adaptive Momentum-Indikators verwendet wird. Diese Grafik ist optimiert, um den Gewinn zu steigern. Beispiel Kapitel 12 Adaptive Trend Opt Dell Dieses Diagramm erstellt eine Trading-Strategie für Dell, indem ein Crossover des Adaptive Momentum-Indikators verwendet wird. Diese Grafik ist optimiert, um den Gewinn zu steigern. Weitere Informationen finden Sie im Produkthandbuch für dieses Add-on MESA91 - Mesa Software, Inc. John Ehlers hat mit der Veröffentlichung der MESA91-Indikatoren für NeuroShell Trader erneut neue Wege in der Markteinführung von wissenschaftlichen Methoden gesetzt. Die MESA91-Indikatoren messen, ob sich der Markt im Zyklus - oder Trendmodus befindet und liefern präzise Handelssignale für beide Situationen. Die neue Version beinhaltet eine adaptive Methode, um den dominanten Zyklus für jedes Instrument zu extrahieren und einen EvenBetterSine-Indikator, der den Markttrend in nur einer halben Periode des dominierenden Zyklus prognostizieren kann. Jeder Indikator enthält nun Parameter für die Einstellung der niedrigsten und höchsten Periode des Zyklus, und diese Parameter können in NeuroShell Trader optimiert werden. Ehlers ist ein weltberühmter Experte in der Anwendung wissenschaftlicher Prinzipien und DSP (digitale Signalverarbeitung) - Technologie auf die Kunst des technischen Handels. Ein vereinfachtes Marktmodell besteht nach Ehlers aus der Kombination von Trend und Zyklus. Da die Zyklusperiode bekannt ist, kann sie aus den Daten entfernt werden, um den zugrundeliegenden Trend freizulegen. Der Markt ist am besten gehandelt mit Oszillator-Typ-Indikatoren, wenn es in einem Zyklus-Modus und ist am besten gehandelt mit gleitenden Durchschnitt-Typ-Indikatoren, wenn es im Trend-Modus ist. Die MESA91-Sammlung von Indikatoren wird nicht nur dynamisch durch den dominanten Zyklus angepasst, sondern fortschrittliche DSP-Techniken werden verwendet, um langsame und nicht-kausale Signale in der Zeit zu erzeugen, um den Benutzern einen Handelsvorteil zu verschaffen. Das MESA91 Add-on ist ein gemeinsames Projekt zwischen Mesa Software, Inc. und Ward Systems Group, Inc. Mesa entwickelte Theorie und Programmierung und Ward Systems verkauft das Add-on für den Einsatz mit NeuroShell Trader. MESA91 benötigt NeuroShell Trader Release 6.3. Der Preis beträgt 499,00. MESA91 ist so einfach zu bedienen wie jeder der Indikatoren in NeuroShell Trader gebaut. MESA91 Adaptives CCI, RSI und Stochastik Das MESA91AdaptiveCCI ähnelt den herkömmlichen Indikatoren, mit der Ausnahme, dass es auf die volle MESA-gemessene Periode des dominanten Zyklus abgestimmt ist. Das gleiche gilt für die MESA91 Adaptive RSI und Adaptive Stochastic Indikatoren im Set enthalten. MESA91-Bandpass Der MESA91Bandpass-Indikator ist ein Bandpassfilter, der auf den MESA-gemessenen Dominanzzyklus abgestimmt ist. Seine Amplitude ist aufgetragen, um die zyklische Schwingung der Eingangszeitreihen wiederzugeben. Das MESA91Bandpassfilter entfernt sowohl niederfrequente als auch hochfrequente Komponenten aus der Eingangszeitreihe. Der Delta-Parameter ist die Bandbreite eines Bandpaßfilters in Form des Bruchteils des dominanten Zyklus. Eine kleinere Zahl gibt eine schmalere Bandbreite, um externe Zykluskomponenten zu eliminieren, und eine grßere Anzahl gibt eine breitere Bandbreite, um das Ansprechen auf Transienten zu verbessern. MESA91 BandStop Der MESA91BandStop-Indikator entfernt die Dominanzzykluskomponente aus der Zeitreihe, während die zyklischen Komponenten beibehalten werden, die länger und kürzer als der Dominanzzyklus sind. MESA91 Detrend Der MESA91Detrend Indikator subtrahiert eine Trendlinie aus der Zeitreihe und zeigt die auf die Plus - und Minus-Standardabweichung von dieser Trendlinie skalierte Differenz an. Diese Anzeige ermöglicht eine einfache Schätzung, wenn ein Schaukelgipfel oder Tal erreicht wird und damit eine höhere Wahrscheinlichkeit der Umkehrung zum Mittelwert. MESA91 Dominant Cycle Dieser Indikator zeigt den MESA-gemessenen, dominanten Zyklus an. Der Dominanzzyklus kann verwendet werden, um andere Indikatoren dynamisch abzustimmen, um die Konsistenz mit sich verändernden Marktbedingungen zu erhalten. MESA91 Sine und LeadSine Das Problem mit nahezu allen Indikatoren ist, dass sie kausal sind. Das heißt, sie hängen direkt von den Daten für ihre Berechnung ab. Als Ergebnis kann die Berechnung nicht durchgeführt werden, bis die Daten ankommen, und - als Ergebnis - alle kausalen Indikatoren verzögert haben. Lag ist vielleicht der Händler schlimmsten Feind, vor allem beim Handel der Zyklus-Modus, wenn relativ kurzfristige Ein-und Ausfahrten erwartet werden. MESA91 bietet eine Lösung für das Lag-Problem, indem es die MESA91Sine - und MESA91LeadSine-Indikatoren anbietet. Der Markt ist im Zyklusmodus kohärent, was bedeutet, dass der Dominanzzyklus für eine kurze Zeit in der Geschichte existiert hat. Es wird weiterhin davon ausgegangen, dass sich der dominante Zyklus für eine kurze Zeit in die Zukunft fortsetzen wird. Da der dominante Zyklus bekannt ist und seine Phase berechnet werden kann, können wir die Zeit durch Vorrücken der Phase des kohärenten dominanten Zyklus vorverlegen. Der MESA91LeadSine Indicator wird einfach berechnet, indem die Phase des dominierenden Zyklus um 45 Grad vorangetrieben wird. Dies erzeugt einen Indikator, der ein Kreuzungssignal von einem Zyklus vor seinem Wendepunkt erzeugt, der durch den MESA91Sine-Indikator angezeigt wird. Für einen 16-bar-Zyklus erfolgt die Kreuzung 2 Stationen vor den zyklischen Wendepunkten - genau richtig für einen rechtzeitigen Markteintritt. Klar, die MESA91Sine und MESA91LeadSine Indikatoren funktionieren nicht so gut, wenn der Markt in einem Trend-Modus ist. MESA91 EvenBetterSine Der MESA91EvenBetterSince Indikator kann den Markttrend prognostizieren und tut dies in nur einer halben Periode des dominanten Zyklus, verglichen mit dem Sinusindikator, der den vollen dominanten Zyklus erfordert, bevor er die Marktentwicklung bestimmen kann. Der ursprüngliche Sinusindikator korreliert eine reine Sinuswelle mit der Phase des Eingangszyklus (oder des dominanten Zyklus in MESA91) über eine volle Zyklusperiode. Dadurch wird jede Trendkomponente vollständig entfernt und nur der Zyklus, der den Daten innewohnt, gegeben. Der Nachteil dieses Indikators ist, dass manchmal die zyklische Schwingung so klein ist, dass die dominanten Zyklusdaten inkonsequent sind. Dies gilt insbesondere, wenn der Markt in einem Trend ist. Andererseits korreliert der EvenBetterSine die Daten mit einer Sinuswelle über einer HALF-Periode des dominanten Zyklus. MESA91 Smooth MESA91Smooth ist ein adaptiver 2-Pole-Super-Smoother-Filter, der auf einen Bruchteil des MESA-gemessenen Dominanzzyklus abgestimmt ist. Der Glättungsgrad wird durch den Mult-Eingangsparameter verändert, der der Bruchteil des dominanten Zyklus ist, auf den der Filter abgestimmt ist. MESA91 SNR (Signal-Rausch-Verhältnis) MESA91SNR misst das Signal-Rausch-Verhältnis in den Preisdaten in Dezibel. Rauschen ist die durchschnittliche tägliche Preisspanne (Hochniedrig), die über den Zeitraum des MESA-gemessenen dominanten Zyklus genommen wurde. Diese Definition kann nicht strikt wahr sein, aber es genügt als Qualifikationsmerkmal der Unsicherheit der Intraday-Preise. Für die Zwecke dieses Indikators ist das Signal die Spitze-Spitze-Amplitude des dominanten Zyklus. Wenn die Wellenamplitude des Signals die doppelte Rauschamplitude ist, hat das SNR einen Wert von 6 dB. Dieses Verhältnis ist die Schwelle, unterhalb derer es nicht ratsam ist, den Handel auf der Grundlage von Zyklen zu schwingen. MESA91 TrendLine MESA91TrendLine ist ein adaptiver 2-Pole-Super-Smoother-Filter, der auf ein Vielfaches des MESA-gemessenen, dominanten Zyklus abgestimmt ist. Dadurch wird sichergestellt, dass alle zyklischen Komponenten kürzer als der dominante Zyklus abgeschwächt werden. Dies führt zu einem Hinweis auf den Trend. Der von dem MESA91TrendLine-Indikator erzeugte Verzögerungsgrad wird durch den Mult-Eingangsparameter gesteuert, der das Vielfache des dominanten Zyklus ist, auf den der Filter abgestimmt ist. MESA91 TrendVigor Der MESA91TrendVigor Indicator misst die Steigung der Zeitreihe über die Periode des Dominanzzyklus als Verhältnis zur Spitze-Spitze-Amplitude des Dominanzzyklus. Wenn das Verhältnis größer als eins ist, dann schwingt der Aufwärtstrend den dominanten Zyklus und es ist nicht ratsam, den dominanten Zyklus für den Swing-Handel zu verwenden. Der MESA91-Indikator besteht aus acht Beispieldiagrammen, die Sie im NeuroShell Trader untersuchen können. Weitere Informationen finden Sie im Produkthandbuch für dieses Add-on. Kontakt: Für Fragen zur Theorie hinter MESACybernetic Indicators wenden Sie sich bitte an: Mesa Software, Inc. John Ehlers Postfach 1801 Goleta, 93116 Voice: (805) 969-6478 Fax: (805) 969-1358 mesasoftware Produkt (e) : Adaptive Mischung von Experten (AME) Noxa AME ist ein hochkarätiger Fachberater, der sich an nicht nur verändernde Marktbedingungen anpassen kann, sondern Veränderungen in der grundlegenden Funktionsweise des Marktes. Es ist selbstlernbar und hat nur einen Parameter zu setzen. Risk-adjustierte Signale für eine breite Palette von Wertpapieren, ausländische und inländische, Proxy-Handel möglich durch Timing ein Index, Läuft in 100 Walk-Forward-Anpassung Modus. Technologie der nächsten Generation für neue Märkte Noxa AME (Adaptive Mix von Experten) ist ein Expert Advisor, der als Add-on für Ward System Groups NeuroShell Trader läuft. Adaptiv: Märkte sind nicht statisch. Sie sind dynamisch und anfällig für schnelle Änderungen, noch mehr mit dem Zustrom von High Frequency Trading. Adaptive Strategien sollten in der Lage sein, sich nicht nur an veränderte Marktbedingungen anzupassen, sondern Veränderungen in der grundlegenden Funktionsweise des Marktes. Mischung: Gemische kombinieren die Überzeugungen von mehreren Experten Algorithmen in eine einzige Vorhersage. Sie sind zu einer größeren prädiktiven Leistung als jeder ihrer einzelnen Experten fähig. Experten: Es ist möglich, dass sich Preismodelle mit unterschiedlichen Ergebnissen entwickeln, die sie oft gegenläufig verlaufen. Meistens sind wir ziemlich nutzlos, um alles zu verstehen. Eine mögliche Erklärung ist, dass wir natürlich zoom out auf die Muster haben wir nicht eine gute Idee über die Details. Expert algorithms however can deconstruct a pattern into low level features and look at how they progress through time in various contextual scenarios. Causal Singular Spectrum Analysis (CSSA) quot. I am very comfortable working with the package. It is incredibly useful just to look at the raw CSSA indicators. quot Nature and its parts fluctuate in cycles. Markets are no exceptions. A quick glance at any price chart will reveal cyclical behaviors price bobs up and down with a good degree of regularity giving evidence of rhythm. Obviously, if cycles are genuine . the presumption is that they will continue. And mostly they do, so we cannot afford to ignore them. Noxa CSSA is a package that runs as an add-on to NeuroShell Trader 5.2 and above. It is packed with a set of zero-lag indicators that provide a full wave-composite picture of the market at all time-frames. As you can see on the graph below, the peaks and troughs of the cycles emphasize the swings as if they were predicted with perfect hindsight. To learn more about CSSA, CLICK HERE Following is a brief overview of the indicators in the CSSA add-on: CSSA-Cycles The cycles are designed to be a direct reflection of the price action so that they dont lag. You will be able to quickly anticipate turning points independently of the time-frame. CSSA-Slope and Trendlines These indicators are derivatives from CSSA-Cycles they are particularly useful in identifying and confirming the direction of momentum behind a move. CSSA-Long and Short Entries Signals are triggered by CSSA-Cycles from its bases and peaks. A causal lead and filtering features have been added to compensate for inherent execution lags so that you can make the most of each market move. CSSA-QPhase This indicator operates a 90 degree phase shift of CSSA-Cycles the peaks and troughs of the cycle line become zero crossings. Signals are then triggered when the transform breaks through its center line. Because of the accuracy of the signals, tight stop losses can be kept for even better results. CSSA-Oscillator In addition to generating signals, this centered oscillator can also be used to confirm developing trends. CSSA-Turning Levels Lines are drawn horizontally from the base before an upmove in CSSA or a peak before a downmove. The purpose of this indicator is to show where price is liable to find some local support and encounter some local resistance. The violation of these lines can generate reliable entry points. CSSA-Percent Variance, CSSA-Coupling Index Both indicators are variations of the same concept. They use the variance accounted by individual cycles or group of cycles to compute a degree of coupling between them. Any sudden change in this coupling can announce that something is amiss with the current trend or that the current trend is about to change. CSSA-Change Point Score The degree of change between recent and past price action is returned. It can be interpreted as the probability that some change is likely to occur due to strong causal dependencies in the data. In other words this indicator reveals hidden dependencies that may announce significant changes in trend. CSSA-ShowRange Select a range, and then use the values shown in the caption to set the training range of CSSA indicators. CSSA-ShowEigenvectors Visualize the elementary patterns of behavior in price and find propagating modes. Their inherent persistence over time makes these modes especially worthy of attention. Example Following is a screenshot illustrating crossovers from CSSA-QPhase. The out-of-sample equity curve looks upper trending and pretty strong: Entropy Indicators (NEI) Make your purchase safely and with confidence using our secure online ordering system. For details, VISIT These add-ons are implemented in Vectorized C and assembly code for maximum speed. They integrate directly with Neuroshell Trader version 5 and come with chart examples. To download our Hands-on tutorial on NEI, CLICK HERE Have you ever heard of Claude Shannons entropy Probably not but it may be just what you need to find profitable patterns in the market. The backbone of NEI add-ons (Noxa Entropy Indicators) is a powerful search engine for patterns that are resistant to entropy (the tendency of systems to disorder). That means you will be able to trade compelling pockets of order that arise in the market. NEI Prediction-Days Markets sometimes lock themselves into predictable futures. NEI Prediction-Days detects these events by searching for local histories with high predictability potential. NEI Shannon Entropy Shannon Entropy gives a measure of statistical regularity in price data, making it a good proxy for changes in market condition. It is particularly suited for use with neural-nets to make buysell decisions. NEI Mutual Information Global Correlation Mutual Information and Global Correlation measure the statistical dependence between two series by giving the amount of information one series carries about the other. You will be able to explore the market and select inputs that maximize their Mutual Information. NEI Transfer Entropy Transfer Entropy is a measure of information flow between two series. It takes into account the amount of additional information required to represent future events. In essence, Transfer Entropy tells us which input leads which. Examples Following is a screenshot illustrating Mutual Information as a fair representation of market forces: You can see that some information flow between Oil service and Airlines stocks materialized in the form of islands whose tops happen to precede significant changes in trends (1997 1 . 1999 2 and early 2003 3 . 4 ). Particularly successful trading strategy example two neural-nets were built with NEI indicators as inputs to cope with changes in market conditions (out-of-sample backtest period in green): Contact Information: Contact Information: Optimized Renko Bars for Less Noise and Precise Trading Signals: Interchart Tools Renko Bars Add-On for NeuroShell Trader The Japanese developed Renko bar charts in an attempt to show price based upon a specified amount of movement in a single direction rather than reporting price based on a time schedule as in a 5 minute bar chart. Richey Enterprises developed an entirely new concept in Renko bars - optimizable Renko bars based on price, volume, or a combination of both, that may be customized for each security. The result is that your trading systems are based on less noise and subsequently generate more precise trading signals. These innovative Renko Bars comprise the InterChart Tools Renko Bars Add-On for NeuroShell Trader. The InterChart Tools Renko Bars are virtual bars capable of generating trading signals and performing their calculations using the same methods as traditional bars. Once a trading signal is generated by the Renko bar, both the trade and fill are correctly displayed on the open of the next bar of the base chart. For example, you can create a 0.25 range bar base chart and then add InterChart Tools Renko Bars to trading rules, visual charting systems, or predictions. Included Indicator Types InterChart Tools Renko Bars - are created based on a specified change in price that moves either up or down. InterChart Tools Volume Bars - are created based on the exchange of a specified minimum number of shares or contracts that move with price action either up or down. InterChart Tools Money Bars - are created based on the exchange of a specified amount of money stated in thousands of dollars that is calculated by multiplying the price times the number of sharescontracts that move with price action either up or down. How Renko Bars Work Renko Bars are only created when price has moved either up or down by the amount of the specified high-low range. This amount is referred to as the brick size. In all classic Renko charts, all bricks must be exactly the same size and the change specified in the high-low range must be in the same direction, either up or down, before a new bar is formed. Why InterChart Tools Renko Bars Differ from Traditional Renko Bars The InterChart Tools Renko Bars include parameters that allow you to specify the number of ticks used to calculate the up part of the Renko bar as well as the number of ticks used to compute the down part. Since any bars function is to absorb noise and rising price jitter is often different from falling price jitter, the IctRenko bars permit an asymmetrical definition to accommodate this. A Bar Size Multiplier gives you the option of setting the overall size of the bar once the updown ratio has been configured. IctRenko bars are only created when price has moved either up or down by the number of virtual ticks specified in either the Ticks per Up Bar or Ticks per Down Bar multiplied by the Bar Size Multiplier. NeuroShell Renko bars may, at the users discretion, be controlled by the NeuroShell Trader optimizer to identify the optimal bar size and noise absorption for a given algorithm or security. Different moving averages of InterChart Tools Volume Renko Bars can tell you when to go long or short - or even when to stay out of the market. The price of InterChart Tolls Renko Bars Add-On is 695. You need NeuroShell Trader 6.4x or higher to use the InterChart Tools Renko Bars Add-On. InterChart Tools Renko Bars work with the NeuroShellreg DayTrader and NeuroShell DayTraderreg Power User, as well as NeuroShell Trader Professional and NeuroShell Power User. For more information, call Ward Systems Group at 301 662 7950. InterChart Tools 1 Richey Enterprises is offering traders a set of indicators that makes consensus trading among multiple time frames possible. The InterChart Tools 1 Add-On allows you to share information between charts using different bar sizes. As an example, an MACD indicator created on a range bar chart may be used to influence processing on a 5-minute time bar chart. Or you could use the close on a 5-minute chart to influence a 15-minute chart. Since bar size creates primary noise filtering, this allows another mechanism for noise removal. Streams may be sent or received from any of NeuroShell DayTrader Professional chart types: time bar, volume bar, tick bar, and range bars. Because InterChart Tools 1 works with daily, monthly, and weekly charts, it may also be used with NeuroShell Trader and NeuroShell Trader Professional. Single Streams InterChart Tools 1 broadcasts data streams from a source chart, which can be retrieved by one or more receiving charts. These streams are time series chart items. Any time series which can be plotted on a chart can be sent to another chart using the SendStream and GetStream indicators respectively. Items that may be sent to another chart include: Price streams such as open, high, low, and close Indicators such as (High Low) 2, MACD, Exponential Moving Average and any of NeuroShells hundreds of other indicators Outputs from trading strategies and predictions Groups of Streams In addition to transmitting single data streams, InterChart Tools 1 includes SendGroup indicators which allow you to send similar data from either single or multiple charts. The multiple streams are processed (summed, min value, max value, or averaged) and displayed on another chart as a single data stream using the GetGroup indicator. Volume Indicators Volume data may be transmitted from a stock chart to an options or futures chart using the SendVolume and GetVolume indicators. The SendVolume indicator is different from the SendStream indicator because it accumulates data until the completion of a bar on the receiving chart. Cautionary Note There is no way to guarantee the order in which two separate intraday charts will update with a new bar, and thus it is likely that charts updating bars at the same time may not receive the most recent data. As an example, suppose a 1-minute chart is sending a stream to a 10-minute chart. Six times an hour these charts will update at the same time, and which updates first is usually a function of the unpredictable timing in which data is received, or other factors. Therefore at any one of those six times per hour, it is possible that the 10-minute chart will update and ask for streams a second or so before the 1-minute chart updates. The 10-minute chart will get the streams that are currently available, and will not wait for the 1-minute chart to update. Therefore it is possible that the 10-minute chart will receive 1-minute-old data from the 1-minute chart. Do not use these indicators where this could be a problem for you . Generally simultaneous updating is not as likely when at least one chart is a volume, tick, or range bar chart. To correct this problem, you can right click on the chart and select recalculate chart to manually update out of sequence operations. Another time that older bars may be sent is when there are no bars to send. This could occur when there are gaps in price bars due to missing data, the exchange not being open, or other causes. When a new value for a bar is available, the bar may change. If you build a prediction or trading rules based on these bars, your signals could change. Such problems may be less troublesome when sent data is received by the chart with the fastest bars. InterChart Tools 1 will NOT work on charts that have more than one chartpage. InterChart Tools 1 indicators include: SendStream transmits a single data stream GetStream receives a single data stream SendGroup1, 2, 3, 4, 5, and 6 transmits up to 6 similar data streams GetGroup accepts data from the SendGroup indicators and applies a treatment such as summing, extracting the minimum or maximum value, or averaging to compress the data into a single stream SendVolume sends volume data. This indicator accumulates volume data until the completion of a bar on the receiving chart. GetVolume receives volume data that accumulates since the last update Example 1: This example shows how to send a 10 bar moving average computed on a 5-minute chart to a 7-minute chart. The 5-minute chart contains the following indicator SendStream that uses a StreamID of 1: SendStream (1,Avg(Close,10)) The 7-minute chart contains the following GetStream indicator, which reads StreamID 1: GetStream(1) Example 2: In this example a range bar chart computes the spread between an RSI on itself and an RSI from a daily chart. The daily chart contains an RSI indicator that has been renamed DailyRSI. It also contains the following SendStream Indicator with a user selected StreamID of 13: The range bar chart contains an RSI that has been renamed RangeRSI. It also contains the following indicator: Example 3: The user in Example 2 also creates an hourly bar chart to which he would like to send the spread on his range bar chart. On the hourly chart the user wants to divide the spread by a moving average on one of hisher daily charts. The following indicator is added to the range bar chart from Example 2, now called Example 3 Range SPY. cht . SendStream (5,Spread(RangeRSI, GetStream (13))) The following indicator is added to the daily chart from Example 2, now called Example 3 Daily SPY. cht . Then on the hourly bar chart called Example 3 Hourly SPY . the following indicator is added: Divide( GetSteam (5), GetStream (12)) For more details, please view the product manual for this add-on The price of the InterChart Tools 1 Add-on is 399. For more information, call Ward Systems Group at 301 662 7950. BUY NOW InterChart Tools 2 Richey Enterprises has developed a set of price indicators called InterChart Tools 2 that generate early trading signals for NeuroShell Trader. The TimeBars indicators call higher timeframe data to a chart and update every time the base chart updates. There are separate indicators for the open, high, low, close, and volume data as well as several different combinations of that data. The Consolidated Bars indicators combine x number of the most recent bars that you specify into a single data stream and are useful for fast moving tick and range bars. The TimeBars indicators let you to create 5, 10, 15, 30, etc. minute bars on a 1 minute chart in NeuroShell DayTrader, with the added advantage of not having to wait for the higher minute bar to complete before the TimeBar updates. While creating these indicators, Richey Enterprises determined that 90 of the time the high and low for 10 minute bars occur before the end of 10 minute bars. The optimizer in the Trader can determine the bar size which is most appropriate for your desired algorithm and equity. The Consolidated Bars indicators can combine the high value from the most recent 5 bars, for example. The Consolidated Bars are especially useful when your trading system is based on tick and range bars. Consolidated bars allow you to de-noise high frequency range and tick bars. The optimizer can identify the optimal number of bars to consolidate during the morning, mid-day and closing sessions to properly de-noise range data without lag and without having to wait for a higher range bar to complete. Example 1: Time Bars High and Volume On the Example 1 chart we have added a TimeBar High indicator. The high bar displays the highest high value from the 10 minute bar since the 10 minute bar began to form. The TimeBar High will continue to build until 10 minutes past the hour at which point it will be identical to the high of a standard 10 minute bar. At 10 minutes past the hour both indicators will reset and the operation repeats. We also added the TimeBar Volume indicator to the chart. When you look at the example chart, the TimeBar high values from the 10 minute bars are almost always correctly defined before the end of the bar time. Therefore any Trading Strategy, Prediction, or indicator which references the high of a higher time frame bar may fire before a standard bar would be able to issue a signal. Similarly, the bar volume builds at the chart frequency. Any Trading Strategy, Prediction, or indicator which depends on a volume level from a higher time frame will fire when that has been achieved. Often this is before half of the bar has been built. Of course, if the volume requirement is not going to be met for this bar, it will not fire falsely. Example 2: Indicators in Predictions In this example we created a 5 minute chart for the SP 500 E-Mini which uses several different InterChart Tools2 indicators based on 10 minute bars (TimeBars HL2, TimeBars HLC3, and TimeBars OHLC4) as inputs to a prediction of the percent change in open 1 bar in the future from the next open. We did not optimize any input parameters. The model shows a 15476.1 1 yr Return on Trades for the out-of-sample period. Example 3: Indicators in Trading Strategies In this example we created a 5 minute chart for the SP 500 E-Mini which uses InterChart Tools2 high and low values from a 10 minute bar as the basis for creating an RSI Trading Strategy. We entered a Trading Strategy as follows: Long Entry: RSI based on TimeBars Low 10 minute 70 Optimize the periods in the RSI from 1 to 10 and optimize the RSI value from 80 to 90 We set the model to trade 1 contract between the hours of 8:35 a. m. to 3:30 p. m. We added a margin of 500 per contract and a point value of 50 for the SP E-Mini. The model returned an annual return on account of 5603.3 in the out-of-sample period compared to a 115.4 annual percent change in price. Example 4 Optimize Time Frame If you dont know which higher time frame to use in your model, you can let the optimizer choose. We created a prediction much like Example 2, but instead of using different TimeBars indicators based on the same time frame, we used the same TimeBarsHL2 indicator, one for 10 minute bars and the other for 15 minute bars, both on a 5 minute chart. In the Prediction Parameters settings on the Optimization tab, we limited the maximum number of inputs to 1 so the optimizer was forced to make a choice of inputs. You could do the same thing with various numbers of Consolidated Bars. Letting the optimizer choose the best TimeBars or Consolidated Bars could also be used in the Trading Strategy wizard by choosing Rule Selection Optimization on the Long and Short rules tabs. Example 5 Consolidated Bars We created a .3 range bar chart for the SP 500 E-Mini, then created a Prediction with both a Consolidated Bars HL2 indicator and a Linear Weighted Average of the Close as inputs. On tick based charts (range and volume) these consolidated bars act like variable time bars. In this example, a 5 bar consolidate of a .3 range bar will display the (H L) 2 over the time it took to create the 5 bars. These bars are continuous and always reflect the high of the previous N bars, so as a new bar is added the oldest bar is dropped off. Unlike any moving average which might attempt to do the same, there is never any lag. The Prediction predicted 5 0.3 range bars into the future from the next open. The model used a 500 margin and a point value of 50. We set the number of hidden neurons down to 1. The profitable results from the optimization period continued into the out-of-sample period. Example 6 Optimize Data Stream If you dont know which data stream you want to use in your Trading Strategy or Prediction, you can use the TimeBars indicator and let the optimizer choose a display parameter, which means that the optimizer will choose the correct data stream. In this example, we inserted two TimeBars indicators in a prediction and optimized only the display parameter. The two TimeBars were based on 10 and 15 minute bars respectively, and the optimizer chose the 10 minute bar based on the low as the only input for the model. Consolidated Bars You can also let the optimizer choose the data stream for Consolidated Bars by optimizing the display parameter for a Consolidated Bars indicator. For more details, please view the product manual for this add-on. The price of InterChart Tools 2 Add-on is 399. For more information, call Ward Systems Group at 301 662 7950. BUY NOW InterChart Tools 21 Richey Enterprises has developed a set of price indicators called InterChart Tools 21 that generate early trading signals for NeuroShell Trader. The TimeBars indicators call higher timeframe data to a chart and update every time the base chart updates. There are separate indicators for the open, high, low, close, and volume data as well as several different combinations of that data. The Consolidated Bars indicators combine x number of the most recent bars that you specify into a single data stream and are useful for fast moving tick and range bars. The TimeBars indicators let you to create 5, 10, 15, 30, etc. minute bars on a 1 minute chart in NeuroShell DayTrader, with the added advantage of not having to wait for the higher minute bar to complete before the TimeBar updates. While creating these indicators, Richey Enterprises determined that 90 of the time the high and low for 10 minute bars occur before the end of 10 minute bars. The optimizer in the Trader can determine the bar size which is most appropriate for your desired algorithm and equity. The Consolidated Bars indicators can combine the high value from the most recent 5 bars, for example. The Consolidated Bars are especially useful when your trading system is based on tick and range bars. Consolidated bars allow you to de-noise high frequency range and tick bars. The optimizer can identify the optimal number of bars to consolidate during the morning, mid-day and closing sessions to properly de-noise range data without lag and without having to wait for a higher range bar to complete. Adaptive Consolidated Bars indicators also combine the information from the most recent bars on a chart, but unlike the regular Consolidated Bars the Adaptive Consolidated Bars treat rising bars and falling bars independently. The Adaptive Consolidated Bars offer the option of consolidating a different number of bars for rising prices as contrasted to the number of bars for falling prices. Since the function of a consolidated bar is to absorb noise and rising price jitter is often different from falling price jitter, the Adaptive Consolidated Bars permit an asymmetrical definition to accommodate this. Example 1: Time Bars High and Volume On the Example 1 chart we have added a TimeBar High indicator. The high bar displays the highest high value from the 10 minute bar since the 10 minute bar began to form. The TimeBar High will continue to build until 10 minutes past the hour at which point it will be identical to the high of a standard 10 minute bar. At 10 minutes past the hour both indicators will reset and the operation repeats. We also added the TimeBar Volume indicator to the chart. When you look at the example chart, the TimeBar high values from the 10 minute bars are almost always correctly defined before the end of the bar time. Therefore any Trading Strategy, Prediction, or indicator which references the high of a higher time frame bar may fire before a standard bar would be able to issue a signal. Similarly, the bar volume builds at the chart frequency. Any Trading Strategy, Prediction, or indicator which depends on a volume level from a higher time frame will fire when that has been achieved. Often this is before half of the bar has been built. Of course, if the volume requirement is not going to be met for this bar, it will not fire falsely. Example 2: Indicators in Predictions In this example we created a 5 minute chart for the SP 500 E-Mini which uses several different InterChart Tools2 indicators based on 10 minute bars (TimeBars HL2, TimeBars HLC3, and TimeBars OHLC4) as inputs to a prediction of the percent change in open 1 bar in the future from the next open. We did not optimize any input parameters. The model shows a 15476.1 1 yr Return on Trades for the out-of-sample period. Example 3: Indicators in Trading Strategies In this example we created a 5 minute chart for the SP 500 E-Mini which uses InterChart Tools2 high and low values from a 10 minute bar as the basis for creating an RSI Trading Strategy. We entered a Trading Strategy as follows: Long Entry: RSI based on TimeBars Low 10 minute lt 30 Optimize the number of periods in the RSI from 1 to 10 and optimize the RSI value from 15 to 45 Short Entry: RSI based on TimeBars High 10 minute gt 70 Optimize the periods in the RSI from 1 to 10 and optimize the RSI value from 80 to 90 We set the model to trade 1 contract between the hours of 8:35 a. m. to 3:30 p. m. We added a margin of 500 per contract and a point value of 50 for the SampP E-Mini. The model returned an annual return on account of 5603.3 in the out-of-sample period compared to a 115.4 annual percent change in price. Example 4 Optimize Time Frame If you dont know which higher time frame to use in your model, you can let the optimizer choose. We created a prediction much like Example 2, but instead of using different TimeBars indicators based on the same time frame, we used the same TimeBarsHL2 indicator, one for 10 minute bars and the other for 15 minute bars, both on a 5 minute chart. In the Prediction Parameters settings on the Optimization tab, we limited the maximum number of inputs to 1 so the optimizer was forced to make a choice of inputs. You could do the same thing with various numbers of Consolidated Bars. Letting the optimizer choose the best TimeBars or Consolidated Bars could also be used in the Trading Strategy wizard by choosing Rule Selection Optimization on the Long and Short rules tabs. Example 5 Consolidated Bars We created a .3 range bar chart for the SampP 500 E-Mini, then created a Prediction with both a Consolidated Bars HL2 indicator and a Linear Weighted Average of the Close as inputs. On tick based charts (range and volume) these consolidated bars act like variable time bars. In this example, a 5 bar consolidate of a .3 range bar will display the (H L) 2 over the time it took to create the 5 bars. These bars are continuous and always reflect the high of the previous N bars, so as a new bar is added the oldest bar is dropped off. Unlike any moving average which might attempt to do the same, there is never any lag. The Prediction predicted 5 0.3 range bars into the future from the next open. The model used a 500 margin and a point value of 50. We set the number of hidden neurons down to 1. The profitable results from the optimization period continued into the out-of-sample period. Example 6 Optimize Data Stream If you dont know which data stream you want to use in your Trading Strategy or Prediction, you can use the TimeBars indicator and let the optimizer choose a display parameter, which means that the optimizer will choose the correct data stream. In this example, we inserted two TimeBars indicators in a prediction and optimized only the display parameter. The two TimeBars were based on 10 and 15 minute bars respectively, and the optimizer chose the 10 minute bar based on the low as the only input for the model. Consolidated Bars You can also let the optimizer choose the data stream for Consolidated Bars by optimizing the display parameter for a Consolidated Bars indicator. Example 7 Consolidated Bars vs Adaptive Consolidated Bars The Adaptive Consolidated Bars were able to increase the profits from the original Trading Strategy built on crossovers of Exponential Moving Averages of consolidated bars. For more details, please view the product manual for this add-on. The price of InterChart Tools 21 Add-on is 499. For more information, call Ward Systems Group at 301 662 7950. BUY NOW RJ5 Group LLC Product(s): iCinDER trade indicators The iCinDER indicators, W3 and V2, provide indication of the cyclical trends advance and decline, and as such, can provide cycle analysis information at the Minor, Intermediate and Major Cycles. The approach taken in the creation of the set of tools in the iCinDER products is to combine individual components into a cohesive, integrated analytical tool that can provide information as to the direction and strength of market movement of financial instruments traded in the open markets. The basis of the indicators is extractions of dynamics of price and time with the added mathematical algorithms that attempt to capture the pure impulse movement of the instrument being evaluated. It is also understood that the indicators reliability and quality of feedback is based on the issue having adequate volume movement to ascertain the impulse of the indicator with higher efficiency and correlation. As with all technical analysis indicators, iCinDER cyclical indicators are designed to be used with other indicators you may be familiar with and that the user verify correlation to achieve positive confirmation of the output that is provided by iCinDER indicator. The W3 and V2 indicators can also be filtered by other indicators such as RSI, Linear Regression Slope as well as others that the user may want to experiment with in their models. How all this came to be Interview with Raul Jimenez, creator of iCinDER W3 and V2. I have been trading since about 1989 and have devoted time to studying trading systems, indicators, Dow Theory, Elliott Wave Theory, etc. During all my trading years, I found systems that worked for a while then stopped working. At the time, I did not understand why but changed to another system that would work for a while. In 2006, after working for a large software company for a number of years, I decided it was time to stop the traveling and fast paced lifestyle and devote some time to something I was passionate about trading in the stock market. I had spent time reading books on cycle analysis, MACD, RSI, adaptive indicators and other methodologies. It all came back to me as either the cycles were too closely correlated, tight fitting with virtually no divergence or loosely coupled. I knew that mathematically it was possible to measure multiple timeframes and correlate them to a single wavelength, which while not adaptive could provide high correlation to the measured instruments. I will not bother with discussing all the experiments, but one thing was clear the business cycle was part of the solution. With this in mind, I devised an algorithm that analyzed price and time in 5 dimensions this became V2 and a secondary indicator that added a theoretical momentum type dimension. This last part was composed of 2 dimensions at 2 timeframes. Adding all this together to V2 --- W3 was born. This was December of 2006 when this was completed. Initial complex implementations with scanners and strategies were done for Tradestation, and to date that is the most complete and complex model I have developed. The simple V2 and W3 were ported to other platforms Metastock, eSignal and others. Now we fast track to 2009 when a good friend of mine, George D, started discussing GA with me. I had worked on this before and thought of having a fresh look at V2 and W3 within a GA. My friend recommended Neuroshell. The rest is now history about 5 months of work and testing, building models with iCinDER indicators and adding TurboProp, Fuzzy Indicators, Neural Indicators and Chaos Hunter. Today, we have both V2 and W3, implemented in an external DLL. We ship the indicators with an extensive Help File and sample models that the user can use as starting points for their own models. We plan on providing more complex models for the users that have TurboProp, NI and even Chaos Hunter. BUY NOW Contact Information: Adaptive Net Indicators The way a human would typically do pattern matching on financial data is as follows: He or she would scan the price stream (close) looking for distinct movements. Then he or she would examine the pattern formed by the changes in close for some number of bars (lets say 11) just prior to the distinct movements. If this human is pretty good at pattern recognition, he or she might even examine the changes in the open, high, and low of the preceding 11 bars as well as the change in close in those bars. The human is looking for what types of patterns in the prior 11 bars that foretell the distinct movement. Once the human is satisfied that there is a high probability of the distinct movement following certain patterns, he or she can then watch for those patterns in the future. When the patterns appear, the human expects one of the distinct movements to follow and places orders appropriately. The example above is the inspiration behind the enhancements to Adaptive Net Indicators (ANI) release 2.0. ANI always did pattern matching, but now in release 2.0 new functions not only include the current bar in the inputs but a number of lags of the input as well. Technical Details Adaptive Net Indicators are special versions of GRNN and PNN neural nets formulated to do pattern matching, both predicting and classifying. They retrain (quickly) on every new bar, so they are never more than 1 bar behind. You can set the contribution factors yourself so that the net uses your specification of how important the inputs are, instead of the other way around. Of course, you could also let the genetic algorithm find them if you own the NeuroShell Trader Professional or the DayTrader Professional. As a matter of fact, you can also let the GA find the optimal number of bars ahead to predict and the optimal training set size. If thats not enough exclamation points, how about this: you can even let the GA find the best thing to predict by optimizing the parameters (including whether open, high, low, or close) of your output indicator. Adaptive Net Indicators is a package with unprecedented flexibility and capabilities. Many of you have expressed a desire to have confidence factors for your nets. The classification series of Adaptive Net Indicators will provide you with confidence. In addition, Adaptive Net Indicators will make no prediction at all if they feel they have no basis on which to do so. Our Adaptive Net Indicators do pattern matching by comparing each new pattern encountered with a number of immediately previous known patterns. They do not use weights like most neural nets. The Net output (i. e. the output of the indicator) is derived from the outputs of the immediately previous patterns. It is most heavily influenced by the most closely matching of the known patterns, and so the output of any new pattern encountered will be much like similar known patterns. You the user can set the number of immediately previous patterns which the Net compares to the new pattern. The Net indicator has inputs in which the pattern is stored, just like other indicators and neural nets. If a Net has 3 inputs, you can feed in the current values of the RSI, a CCI, and the Momentum to form the pattern, for example. Or you could feed the Net todays close, yesterdays close (lag 1 of close), and the close the day before (lag 2 of close). You can feed Net outputs into a Net, just as you could do with any other indicator. With some of our indicators, you can also input many lags of the primary inputs as well. Nets also have another type of input, called the Actual value. This is where you show the Net what you want the outputs to be like. In other words, you train the Nets to produce values like the Actual value whenever the corresponding inputs are closely matched. You want the Net to predict for you the Actual value X bars in advance. The output of the Net is the prediction signal of the Actual value X bars ahead. You get to pick what X is for each Net. This is just like our neural nets in the NeuroShell Trader. Furthermore, you can even optimize the value of X in a Trading Strategy. There is another big difference between our Adaptive Nets and the neural nets in the NeuroShell Trader. The contribution factors for each input are also inputs. Thats right, instead of the net telling you the contribution of each input variable, you get to tell the Net what the contribution should be. The higher the contribution, the more heavily the Net will weigh that input when it does pattern matching. Of course, if youd rather have the contribution factors figured out for you, the NeuroShell Trader Professional can optimize them. There are two kinds of Adaptive Nets, depending on the type of output they produce. There are Prediction Nets whose outputs are predicted values (like price change, percent change in price, predicted indicator values, etc.). There are also Classifier Nets whose output is a probability of the pattern being of one type or another. Types might be Buy and Hold, for example. Other types can be Good and Bad, or Up and Down, etc. The Classifier Nets dont actually read or produce the strings like Buy and Hold. You use positive numbers in the Actual for one category like Buy, and zero or negative numbers for the other category like Sell. The predicted output will be a number between -1 (strong probability of sell) and 1 (strong probability of buy). Numbers close to zero could be considered Hold (YOU would decide how close to zero a prediction should be to be considered a Hold) One of the interesting things you can do with Adaptive Net Indicators is build adaptive moving averages. You can adjust how tight or how loose the adaptive moving average is. The chart below shows an adaptive net indicator configured as an adaptive moving average. Configurations There are a total of 18 Adaptive Nets, nine Predictor Nets and nine Classifier Nets. There are 9 of each because each of the nine takes a different number of inputs as follows: Predict2 - Prediction Net which takes 2 inputs Predict3 - Prediction Net which takes 3 inputs Predict4 - Prediction Net which takes 4 inputs Predict5 - Prediction Net which takes 5 inputs Predict6 - Prediction Net which takes 6 inputs LagPredict1 - Prediction Net which takes many inputs: 1 primary input and any number of lags of that primary input. LagPredict2 - Prediction Net which takes many inputs: 2 primary inputs and any number of lags of those primary inputs. LagPredict3 - Prediction Net which takes many inputs: 3 primary inputs and any number of lags of those primary inputs. LagPredict4 - Prediction Net which takes many inputs: 4 primary inputs and any number of lags of those primary inputs. Classify2 - Classifier Net which takes 2 inputs Classify3 - Classifier Net which takes 3 inputs Classify4 - Classifier Net which takes 4 inputs Classify5 - Classifier Net which takes 5 inputs Classify6 - Classifier Net which takes 6 inputs LagClassify1 - Classifier Net which takes many inputs: 1 primary input and any number of lags of that primary input. LagClassify2 - Classifier Net which takes many inputs: 2 primary inputs and any number of lags of those primary inputs. LagClassify3 - Classifier Net which takes many inputs: 3 primary inputs and any number of lags of those primary inputs. LagClassify4 - Classifier Net which takes many inputs: 4 primary inputs and any number of lags of those primary inputs. Adaptive TurboProp2 Many of our customers have asked for a version of our famous TurboProp2 that retrains itself as often as every bar. Well here it is, formulated as an indicator Just insert it into your chart or trading strategy just like any other indicator. Never has a neural net been easier to use, yet so powerful Adaptive TurboProp2 (AT2) is the same basic neural network algorithm that is used in the NeuroShell Trader, Trader Professional, and NeuroShell DayTrader Professional Prediction Wizard. However, AT2 can retrain itself as frequently as every new bar or after a number of bars which you can specify. The training set is always the most recent bars. AT2 does not make predictions on the training set bars, and its predictions are always out of sample (exception: when you specify that you are predicting zero bars ahead). Therefore, there are no walk forward periods to worry about, since the net is essentially walking forward each day (or each bar in the case of the NeuroShell DayTrader Pro). An AT2 net may be used as an indicator, as an input to a regular TurboProp2 net in the Prediction Wizard, or it may be used directly in a Trading Strategy. The output is a signal, meaning that the prediction is shown on the current bar, even if it is a prediction for 10 bars from now. AT2 doesnt require the optimizer in the Professional versions of the Trader because the parameters are so easy to set. However, when used with the NeuroShell Trader Professional or NeuroShell DayTrader Professional, you can optimize the following parameters: 1. trainbars - the training set size (number of recent bars on which to build the model), up to a maximum of 10,000. 2. aheadbars - the lookahead period (the number of bars into the future the prediction is to be made), i. e. the number of bars ahead that the actual signal is predicted. Be careful not to allow 0 in the range, because then you are predicting the current bar, not the future. 3. actual - the parameters of any indicator used as an output. 4. hiddens - the number of hidden neurons to use when making a network (Turboprop2 in the prediction wizard automatically decides how many to use, but AT2 lets you or the optimizer decide). You can use up to a maximum of 20 hidden neurons, more than enough for this adaptive version. 5. retrain - this parameter specifies in bars how often the net is trained. If retrain 1, a new net is created for each new bar encountered. If retrain 10, the net is retrained every 10 bars. 6. input1, input2, etc. - these parameters are the network inputs. You can optimize all parameters of indicators used as these inputs. Available Configurations AT2 nets allow 2 to 14 inputs. The names of the indicators are correspondingly Tprop2, Tprop3, , Tprop14. Adaptive TurboProp2 requires release 3.2 or better of the NeuroShell Trader, NeuroShell Trader Professional, or NeuroShell DayTrader Professional. Advanced Indicator Set 1 The NeuroShell Traderreg Professional has around 800 technical indicators. However, that didnt stop our users from wanting more They sent us requests for more indicators, some of which were simple to build, and some of which required a great deal of research. So we built another add-on called the Advanced Indicator Set 1 with these requested indicators. These are not part of the NeuroShell Traderreg, NeuroShell Traderreg Professional, or NeuroShellreg DayTrader Professional, but you can buy them as an optional add-on if you want them. They require release 3.0 or above of the NeuroShell Traderreg, NeuroShell Traderreg Professional, or NeuroShellreg DayTrader Professional. Aroon Down Aroon Up Aroon Oscillator Chaikin AccumulationDistribution Oscillator Hodrick-Prescott Filter (untradable) Hodrick-Prescott Window Keltner Channels True Range Vidya Volume Adjusted Moving Average (VAMA) (untradable) ZigZag (untradable) CHAOS AND FRACTAL INDICATORS Choppiness Index Polarized Fractal Efficiency Hurst Exponent Hurst Significance Fractal Dimension Polynomial Regression Polynomial Predict Moons Illuminated Fraction New Moon Moons First Quarter Full Moon Moons Last Quarter First Monday of the Month Flag First business day of the Month Flag Last business day of the Month Flag Number of days since High occurred Number of days since Low occurred Week of the Month Week of the Year Advanced Indicator Set 2 The NeuroShell Traderreg Professional has around 800 technical indicators. However, that didnt stop our users from wanting more They sent us requests for more indicators, some of which were simple to build, and some of which required a great deal of research. So we built another add-on called the Advanced Indicator Set 1 with these requested indicators. These are not part of the NeuroShell Traderreg, NeuroShell Traderreg Professional, or NeuroShellreg DayTrader Professional, but you can buy them as an optional add-on if you want them. They require release 3.0 or above of the NeuroShell Traderreg, NeuroShell Traderreg Professional, or NeuroShellreg DayTrader Professional. J. Welles Wilders Indicators Accumulation Swing Index Directional Movement Index MinusDI MinusDM Parabolic SAR signal Parabolic SAR value PlusDI PlusDM Swing Index Redundant Haar Wavelets Redundant Haar Wavelet Coefficient Redundant Haar Wavelet Smoothed Curve Center Of Gravity Index Center Of Gravity Oscillator Median Price Median Value Random Walk Index of Highs Random Walk Index of Lows RAVI Retrace Buy Retrace Sell Stochastic RSI Oscillator Variable Length Moving Average Volatility Breakout High Volatility Breakout Low Marc Chaikins Indicators AccumulationDistribution Oscillator Chaikin Money Flow Persistency Chaikin Volume Accumulation Percent Flag2 Flag3 Flag4 Flag5 Flag1 toggle with reset condition Flag2 toggle with reset condition Flag3 toggle with reset condition Flag4 toggle with reset condition Flag2 with reset condition Flag3 with reset condition Flag4 with reset condition Flag5 with reset condition BarCondition Count Indicators Bar Count Since Condition Bar Count Of Time Series Condition Count Advanced Indicator Set 3 Advanced Indicator Set 3 is an eclectic set of indicators that expand NeuroShell Traders ability to find a value between two separate conditions or since the occurrence of a single condition. The Find and Count indicators are designed to answer traders questions about data such as what is the max value of the close in the time between a Bollinger Band High Breakout and a Bollinger Band Low Breakout or count the number of times the percent change in close was greater than x percent from February 1 to May 31. In addition, Set 3 adds the power to remember or toggle values off and on based on conditions. The Remember and Toggle indicators may be used to create complex Predictions and Trading Strategies. These functions complement the NeuroShell Traders emphasis on building indicators with a wizard rather than requiring the user to be a programmer. The result is a significant speed increase in building and testing trading systems. Advanced Indicator Set 3 also includes indicators specifically designed for pair trading. The PairEntry and PairExit set lets you build traditional market neutral systems that simultaneously buy and sell a pair of instruments that follow one another and frequently cross prices. When those pairs are hard to find, the ProxyEntry and ProxyExit indicators expand possibilities for pair trading by using the NeuroShell Traders neural nets to create cointegrated pairs. Rounding out this diverse mix are two indicators that compute the correct sun time and distance to the moon. Overview of Indicators The following descriptions of the Advanced Indicator Set 3 indicators are abbreviated. There are more comprehensive descriptions in the help file. Conditional Indicators The task oriented indicators in Set 3 such as Find, Count, Remember, and Toggle require the use of conditional indicators. The NeuroShell Trader includes many conditional indicators such as rules, Boolean, relational, crossovers, candlesticks, etc. Advanced Indicator Set 3 expands those choices with the following indicators: FollowedBy - returns a 1 for true when a Condition1 is followed by a Condition2. Other times it returns a zero. TimeIs - specifies a time as a condition for another indicator. DateIs - specifies a date as a condition. Peak - specifies the highest value within a certain number of bars. Valley - looks for the lowest value within a certain number of bars. BarNumber - returns a 1 when the specified bar number appears in a chart. The first bar in the chart is numbered 1, the second bar is numbered 2, etc. Find Indicators Find - calculates values such as count, point change, percent point change, max, min, sum, average, standard deviation, variance, median, regression slope, number of advancing bars, number of declining bars, max advance, and max decline based on two conditions occurring in a data stream. FindInclusive does the same as the Find indicator but includes the bars on which the conditions are true. FindSince and FindSinceInclusive - find similar values from the time Condition1 occurs until the end of the chart. Count Indicators Count - calculates a running total of the number of times a specified condition occurs in between a start condition and an end condition. CountInclusive same as the Count indicator but includes the bars on which the conditions are true. CountSince and CountSinceInclusive - these indicators begin their running total with the occurrence of Condition1, but Condition2 is replaced by the current bar. Remember - outputs a time series value based on a condition you specify. For example, the Remember indicator would output the value of the high (the time series) when the 9 period moving average crosses above the 13 period moving average (the condition). The output value would remain the same until the condition is met once again, at which time the current high would become the output. Remember2, Remember3, and Remember4 - output a different value depending upon which of several conditions is activated. The Remember indicators may be used as variable inputs to other indicators, Predictions or Trading Strategies. The conditions are truefalse indicators or any indicator that produces a value of either 0 or a non-zero value. Toggle - signifies the presence or absence of conditions you specify. The Toggle indicators may also be used to remove certain data when training a neural net, e. g. only train a net on bars between 1 p. m. and 4 p. m. The Toggle indicators output 0, 1, or a missing value based on the settings for the What parameter. ToggleInclusive same as Toggle but includes but includes the bars on which the conditions are true. ToggleSince and ToggleSinceInclusive - these indicators begin their running total with the occurrence of Condition1, but Condition2 is replaced by the current bar. Pair Trading PairEntry - compares the value of the close, which is different for each of the two chart pages, to the value of Price1 (the first stock) and Price2 (the second stock) and determines which stock goes long and which stock goes short. The values of Price1 and Price2 are also used to compute the spread between stocks in order to determine an entry point for the trade. PairExit - determines the exit conditions for trades entered with the PairEntry indicator. The PairExit indicator includes the StopSpread parameter that can be set as an emergency exit for both stocks. ProxyEntry similar to PairEntry but uses a neural net prediction to create proxy pairs by using one stock to predict the price of another. Uses the spread between the actual and predicted prices to pair trade the predicted stock and the one used as an input to the net. ProxyExit - determines the exit conditions for trades entered with the ProxyEntry indicator. The ProxyExit indicator includes the StopSpread parameter that can be set as an emergency exit for both stocks. Sun and Moon EquationofTime - returns the difference between solar time (as measured by a sundial) and mean clock time. MoonDistance - outputs the distance between the center of the Earth and the center of the Moon expressed in kilometers. Cluster Indicators The Cluster Indicators, like some of the other add-ons from Ward Systems Group, are based on how the human brain might classify the market. However, this NeuroShell Traderreg add-on isnt even a neural network (although neural net enthusiasts will see this as a Kohonen Self Organizing Map, trained by genetic algorithm) Think about this. Suppose you have two good inputs. Now suppose you made a scatter plot of a bunch of recent bars worth of these inputs. (For the math minded, all recent bars are plotted with one input on the Y axis and the other on the X axis.) Now suppose the inputs are good, as defined by the fact that their patterns foretell an uptrend or a downtrend in the price. Then wouldnt the bars that precede an uptrend look somewhat similar, at least after they were normalized Wouldnt those that precede a downtrend look similar too In other words, wouldnt the buy bars cluster together and the sell bars cluster together The graph displays long entry and short entry clusters for a Cluster Indicator based on the MACD and CCI indicators as inputs. Our new Cluster Indicators tell you how far the current bar is from the cluster center of the recent buy bars or sell bars. You can use a Cluster indicator as a buy rule, buying when the current bar is close to the cluster center of recent buy bars. Sell when the current bar is close to the sell cluster center. The genetic algorithm optimizer in the Trader Pro or DayTrader Pro finds the cluster centers that optimize the profit. The Cluster indicators also make dynamite inputs to a neural network. (For the neural net enthusiasts, this creates a paradigm much like the popular classic Radial Basis Function neural nets, except in the Trader Pro, your clusters dont have to all be based on the same inputs, and in fact can be optimized There was also a paradigm called Counter-propagation that was similar to feeding our Cluster indicators into a neural net.) Now expand the concept to as many as 16 inputs. Those cant be plotted because youd need a 16 dimensional scatter plot. But you can still measure how close the current bar is to a 16 dimensional cluster center There are 16 Cluster Indicators. Lets carry the concept a little further. Suppose some of the inputs are less effective than others in determining whether there is a buy or sell situation. You wouldnt want to consider these inputs as much when determining clusters and closeness. No problem, we have 8 Cluster contribution indicators, each of which has contribution factors which reduce or increase the impact of an indicator. You can set these contribution factors yourself or you can let the genetic algorithm do it for you. Either way, you now have a more powerful clustering indicator. Cluster Indicators require release 3.2 or better of the NeuroShell Trader Professional or NeuroShell DayTrader Professional. Fuzzy Pattern Recognizer How many times have you wished you could just let your software scan a price series and let you know when it has found a particular pattern that you like You have in your mind a special pattern of moves that you believe could precede a strong change in the market, but youd like the software to just monitor the incoming bars looking for your pattern. Well now you can do just that with the Fuzzy Pattern Recognizer add-on for the NeuroShell Trader series And you can do it using fuzzy logic Fuzzy logic was invented by Lofti Zadeh, and written about extensively in books by Bart Kosko. Fuzzy logic has been used successfully in machines and software around the world, even in smart household appliances. Now you can add this smart control to your trading, and it is easy to use because weve done the hard work for you The Fuzzy Pattern Recognizer is a fuzzy logic engine which lets you describe your pattern in fuzzy rules (approximate rules of thumb). It is really a series of indicators that show you, on a scale of 0 to 1, how closely the current price series matches your pattern. Turn on an alert in the DayTrader Professional and the Fuzzy Pattern Recognizer will scan your incoming bars looking for all of your favorite patterns. The alert will sound when the match is above .6. 8, or any value you select. Fuzzy rules are rules that are general in nature, not exactly specified. We describe price or indicator curves with the following fuzzy (verb) rules: Here are some example rules written in English which can be specified in the Fuzzy Pattern Recognizer add-on: The close rises sharply, then stays steady, then rises sharply again. The RSI rises, then drops, then rises, then rises sharply. The high remains steady, then drops, then rises, then remains steady, then drops, then drops sharply, then remains steady. The close drops sharply. Here are some additional highlights of the Fuzzy Pattern Recognizer: If you dont have any favorite patterns, you can let the genetic algorithm find them for you if you own the NeuroShell Trader Professional, or DayTrader Professional. You can specify that you want to look for two or more patterns, and then use the Fuzzy OR indicator to specify that any of your patterns are acceptable. You can specify that you want to look for two or more patterns, and then use the Fuzzy AND indicator to specify that all of your patterns must be present. Fuzzy OR and Fuzzy AND indicators can be combined for complex searches. As you can see from the example rules, patterns can be found not only in a price stream, but in most indicators such as stochastics, moving averages, etc. as well. You specify the number of bars in which a fuzzy verb such as rises applies. In other words, you determine that rises means over a duration of, say 10 minutes or ten days. You can also set the maximum expected variation, i. e. what you consider the maximum sharp rise to be. In that way, you can specify fuzzy rules, and then later apply those same rules to less or more volatile issues without recoding the indicator. All you have to do is reset the maximum expected variation. Although one use for Fuzzy Pattern Recognizer indicators is in Trading Strategy rules (conditions), you can also feed them into neural nets or other indicators. There are 8 fuzzy (verb) rule indicators in the add-on, Fuzzy1, Fuzzy2. Fuzzy8. Fuzzy1 handles 1 segment rules such as close rises or open drops sharply. Fuzzy2 handles 2 segment rules such as close rises, then drops sharply. Fuzzy3 is for 3 segment rules such as open rises, then drops, then remains steady, etc. Example of the Fuzzy2 indicator output (bar chart at the bottom). The search rule is Close rises, then drops, Segment Size8 bars, and Max Change7. There are 3 FuzzyOR rules and 3 FuzzyAND rules: FuzzyOR2, FuzzyOR3, FuzzyOR4, FuzzyAND2, FuzzyAND3, FuzzyAND4. As previously mentioned, these combine rules. For example, suppose you are looking for either a pattern that rises sharply then drops sharply, or a pattern that rises sharply, then remains steady, and then drops sharply. Then you would use a FuzzyOR2 indicator which takes as arguments a Fuzzy2 indicator and a Fuzzy3 indicator, each specifying their respective rules. FuzzyOR and FuzzyAND indicators may take other FuzzyOR and FuzzyAND indicators as arguments, as long as the lowest level indicators are rule indicators such as Fuzzy2. There are also 8 FuzzyGA indicators, which allow the genetic optimizer to tune the fuzzy logic engine better. We believe that Fuzzy Pattern Recognizer indicators open a whole new world of possibilities in trading with artificial intelligence. We think it will be our most popular add-on yet The Fuzzy Pattern Recognizer add-on requires release 3.2 or better of the NeuroShell Trader, NeuroShell Trader Professional, or NeuroShell DayTrader Professional. If you do not own one of the Pro versions, you can still use the Fuzzy Pattern Recognizer add-on to find patterns, but you will not be able to optimize the Fuzzy indicators. Fuzzy Sets Youve asked for it, and now it is here: the Fuzzy Sets add-on for NeuroShell Trader Professional and DayTrader Professional. Fuzzy logic was invented by L. A. Zadeh and further popularized by Bart Kosko. Fuzzy logic is not some theoretical idea that has yet to catch on. By 1990 the Japanese had over 100 real fuzzy control applications and products. The city of Sendai in Japan has controlled its subway with fuzzy logic since 1988. General Motors highly successful Saturn applies fuzzy logic for automatic transmission shift control. Duke University engineers have shown that intentionally imprecise rules of thinking can help hotel computers sell the right room to the right customer at the right time, thus boosting income. Ward Systems Group introduced what we believe was the first commercial trading software to allow users to describe price movements with fuzzy logic statements (the Fuzzy Pattern Recognizer add-on). A user could essentially give NeuroShell instructions such as: Find patterns where the price rose, then dropped, then dropped sharply, then rose sharply. The new Fuzzy Sets add-on is somewhat different in that it allows users to describe a combination of values of traditional indicators with fuzzy logic. With Fuzzy Sets the user can instruct NeuroShell with functions equivalent to fuzzy statements like: Buy when the Stochastic K indicator is very high, and the Commodity Channel Index is high, and the spread between two moving averages is low. Contrast that with the typical trading utilization of an indicator is to make decisions based upon rules like whether that indicator (lets say the Stochastic K) is above or below some threshold. For example: Buy when the STOCHK 70 and sell when the STOCHK 0) or dont buy ( B indicator. Generalization These nets generalize very well, meaning they do not have a strong tendency to overfit or curvefit like backpropagation neural nets do. Neural Indicators require the NeuroShell Trader Professional or NeuroShell DayTrader Professional, release 3.2 or better. Pattern Matcher The Pattern Matcher add-on grew out of many requests by users who wanted to know if patterns in their data streams had occurred before in history, and if so, what type of activity followed those historical patterns. Some users also wanted to identify a pattern in history and be alerted when a similar pattern occurs in the future. The Pattern Matcher add-on meets both needs by providing indicators that match patterns and revealing the subsequent activity. Pattern Matcher indicators work on any data stream in the NeuroShell Trader, Trader Professional, or DayTrader Professional. The Pattern Matcher can find patterns in raw price data streams or indicators made from raw data streams. It is often advantageous to match patterns in indicators applied to prices rather than to the prices themselves, as you will see in a subsequent section of this document. The Pattern Matcher is unlike any of our other add-ons in that it is not designed for use in either a neural network or a trading strategy to make buysell decisions. It is intended that the user treat the Pattern Matcher as an intellectual tool to provide input to ones own biological neural networks for discretionary trading, or as confirmation of other signals you may be obtaining in other ways. So what does this mean It means that the Pattern Matcher is designed to provide answers to the questions that have plagued technical analysts since long before computers were born: Has the current pattern that we see in the most recent bars occurred in the past If so how many times, and how closely do those past patterns match the current one If there were a number of closely matching patterns in the past, what type of market moves did they precede on average You will be making your own subjective decisions about whether or how to trade based on the information the Pattern Matcher is showing you. These subjective judgments will be based on your own study and experience watching similar patterns, and based upon your decisions about what data streams in which to watch for patterns. Price streams (like open, high, low, close, and volume) may not be the proper data streams to be monitoring for patterns. Indicator data streams, in our experience, seem to provide a more reproducible pattern source. At Ward Systems, we have used the Pattern Matcher in the way just described. We have found that there is less value in trying to feed Pattern Matcher input into either neural nets or rules. We believe the tool is a powerful resource which will help you even the playing field, so to speak, as you compete with professional traders who have years of experience recognizing and reacting to patterns in the markets. They rely on their memories and intuition - you now have an analytic tool to bring to odds of success more in your favor. Furthermore, you should not assume that past patterns are an indicator of future performance. The pattern matcher may very well be a powerful tool for the contrarian trader too. The markets are quite capable of reversing what usually happens after recurring patterns. If this were not true, it would be easy to predict and make money in the markets, and we all know that it isnt easy. Overview of Indicators The following descriptions of Pattern Matcher Indicators are abbreviated. There are more comprehensive descriptions in the help file. Match - The Match indicator takes a very recent pattern on the chart and displays the probability that other patterns in history on the chart match that current pattern. MatchPast - The MatchPast indicator takes a designated pattern on the chart and displays the probability that other patterns in both history and future on the chart match that designated pattern. ProjectAvg - The Project Average indicator returns the average of all projections (leads) of the projection series for all pattern matches that are greater than the indicated projection threshold. ProjectMin - The Project Average indicator returns the minimum of all projections (leads) of the projection series for all pattern matches that are greater than the indicated projection threshold. ProjectMax - The Project Average indicator returns the maximum of all projections (leads) of the projection series for all pattern matches that are greater than the indicated projection threshold. ProjectStndDev - The Project Standard Deviation indicator returns the standard deviation of all projections (leads) of the projection series for all pattern matches that are greater than the indicated projection threshold. ProjectRange - The Project Range indicator returns the range of all projections (leads) of the projection series for all pattern matches that are greater than the indicated projection threshold. ProjectUpperB - The Project Upper Band indicator returns the upper envelope of all projections (leads) of the projection series for all pattern matches that are greater than the indicated projection threshold. ProjectLowerB - The Project Lower Band indicator returns the lower envelope of all projections (leads) of the projection series for all pattern matches that are greater than the indicated projection threshold. ProjectCount - Given a projection threshold, the Project Count indicator returns the total number of matches between the current pattern and patterns in history. ProjectPercent - Given a projection threshold, the Project Percent indicator returns the percentage of total number of matches between the current pattern and patterns in history. Turning Points The Turning Points add-on for the NeuroShell Trader series is based on the concept of finding local peaks and valleys in a price series. A turning point (TP) peak is defined as the point where the high is higher than or equal to any other highs in the neighborhood of the point. A turning point valley is defined as the point where the low is lower than or equal to any other lows in the neighborhood of the point. The above definitions are illustrated by an example graph below. The add-on contains indicators that do all of the following with respect to these turning points: Plot straight lines from one turning point to the next Plot support and resistance lines horizontally from the peaks and valleys Compute an oscillator which shows how the current close compares to a number of previous support or resistance levels Plot horizontal Fibonacci retracement lines calculated from peak to valley or valley to peak segments Compute statistical measures (mean, median, and standard deviation) of the price differences, time differences, and slope differences between turning points in a user-defined window Provide the probability that the current price level is at a new turning point based upon either of two of the computed statistical measures We are especially fond of the probability indicators above, because many issues exhibit repeating cyclic tendencies which can be captured with this technique. Of course, news and other factors can affect normal cyclic tendencies, and not every signal generated will be correct. However, there is plenty of capability in this add-on to build trading strategies that even we havent thought of yet. Following is a complete list of the indicators in the Turning Points add-on: Turning Point Plot Indicator Tpplot Individual Turning Point Measure Indicators TPbars TPchange TPpercent TPslope Turning Point Probability Indicators Peak probability ( change) Valley probability ( change) Peak probability (bars) Valley probability (bars) Mean Indicators PVmeanbars VPmeanbars PVmeanchange VPmeanchange PVmeanpercent VPmeanpercent PVmeanslope VPmeanslope Standard Deviation Indicators PVsdbars VPsdbars PVsdchange VPsdchange PVsdpercent VPsdpercent PVsdslope Vpsdslope Median Indicators PVmedianbars VPmedianbars PVmedianchange VPmedianchange Pvmedianpercent VPmedianpercent PVmedianslope Vpmedianslope Support and ResistanceSupport Level Support Level Resistance Level Support Oscillator Resistance Oscillator Fibonacci Retracements The Turning Points add-on requires the NeuroShell Trader, NeuroShell Trader Professional, or NeuroShell DayTrader Professional, release 3.8 or better. Ward Systems Group, Inc. quotLet your systems learn the wisdom of age and experiencequot trade Advanced Indicator, Neural Network and 3rd Party Add-ons Take your trading systems to another level when you purchase add-ons that let you apply everything from sophisticated indicators and advanced neural network architectures to John Ehlers MESA9 frequency and phase analysis Ward Systems Group Add-ons Adaptive Net Indicators - neural nets especially adapted to pattern recognition, some of which automatically include lags of inputs. Useful for building your own adaptive moving averages. Adaptive Turboprop 2 - like the neural nets in the Prediction Wizard, but they operate like an indicator and automatically retrain themselves. You can optimize training set size, walkforward interval, number of hidden neurons, and even the lookahead period. Advanced Indicator Set 1 - a set of indicators that users requested including chaos indicators, an indicator that gives the phase of the moon, and curvefitting trendline indicators. Advanced Indicator Set 2 - our second set of users requested indicators including indicators by Marc Chaikin and J. Welles Wilder, Redundant Haar Wavelets, Flag Indicators, BarCondition Count Indicators, and other Miscellaneous Indicators Advanced Indicator Set 3 - an eclectic set of indicators that expand NeuroShell Traders ability to find a value between two separate conditions or since the occurrence of a single condition. In addition, Set 3 adds the power to count, remember or toggle values off and on based on conditions. These functions complement the NeuroShell Traders emphasis on building indicators with a wizard rather than requiring the user to be a programmer. The result is a significant speed increase in building and testing trading systems. Cluster Indicators - like the neural indicators, these give a buy or sell signal (the probability that your issue is a buy or sell opportunity), but they work by clustering instead of using a neural net. Fuzzy Pattern Recognizer - Lets you describe patterns in which you are interested, and then tells you when these patterns appear. Uses fuzzy logic to find the patterns, so it can tell you when a pattern is like the one you are seeking. Fuzzy Sets - With Fuzzy Sets the user can instruct NeuroShell with functions equivalent to fuzzy statements like: Buy when the Stochastic K indicator is very high, and the Commodity Channel Index is high, and the spread between two moving averages is low. Neural Indicators - classification neural nets that give you the probability that the current situation is a buy or sell opportunity. These nets dont predict any price, they give you a direct signal probability. Some of them are recurrent nets that automatically look back in time. Pattern Matcher - a set of indicators based on the concept of finding patterns, past or present, in a time series, and the subsequent activity that occurred after it. Turning Points - a set of indicators based on the concept of finding local peaks and valleys in a price series. Third Party Add-ons Jurik Indicators JMA - Jurik Moving Average World class noise elimination filter for market price data. Lets you see underlying activity without the jaggies. Has extremely low lag, is very smooth and unusually responsive to market price gaps. For details, visit jurikrescatalogmsama. htmtop VEL - Velocity Indicator Superior version of classical momentum indicator. Has extremely low lag. Precise and very smooth. Excellent for price-momentum divergence analysis. For details, visit jurikrescatalogmsvel. htmtop CFB - Composite Fractal Behavior Superior version of classical ADX indicator. Measures trend duration (not momentum), making it ideal for adaptively adjusting the speed of other technical indicators. Very sensitive to market trend quality, making it useful as an early warning against trend collapse. For details, visit jurikrescatalogmscfb. htmtop RSX - Relative Strength Quality Index Superior version of the classical RSI indicator. Combines market momentum and trend quality into one signal. Noise free See the top-right chart on jurikres for a clear comparison between RSI and RSX. For details, visit jurikrescatalogmsrsx. htmtop Contact Information: Contact Information: Mesa Software, Inc (Sold by Ward Systems Group, Inc) Product(s): Cybernetic Analysis John Ehlers and Ward Systems Group created the Cybernetic Analysis indicators as a companion to the indicators detailed in Johns excellent book Cybernetic Analysis for Stocks and Futures, published by John Wiley Sons (March 19, 2004), ISBN: 0471463078. This add-on also includes more than 10 example charts and additional Trading Strategy templates. Ehlers book develops and demonstrates effective new trading tools through the application of modern digital signal processing techniques. These tools have proven in real-time use to consistently provide traders with razor-sharp buy and sell signals in virtually any market--meeting or exceeding the performance of commercial systems which cost hundreds or even thousands of dollars, according to Ehlers. Modernizing popular trading procedures to take advantage of the incredible computing speed and power available to todays trader, Ehlers introduces: The Fisher Transform --ensure that the density function of any indicator is Gaussian, creating sharper trading signals The Relative Vigor Index --a responsive oscillator in which movement is normalized to the trading range of each bar Improved Hilbert Transform --a more responsive method to accurately measure market cycles The Sinewave Indicator --a non-causal filter that gives entry and exit signals 116 of a cycle period in advance of the turning point The Laguerre Transform --a new tool to address the smoothing versus lag problem more effectively and create better smoothing filters Super Smoothing Filters --provide more smoothing with less lag Simple Moving Average Computations --two new ways to compute the simple moving average with unprecedented ease Advances made in computer technology in the past two decades have clearly outpaced advances in trading software and practice. Cybernetic Analysis for Stocks and Futures seeks to restore the balance between computational power and user proficiency, according to Ehlers. Combining new indicators with tested systems for forecasting stock and futures markets with surgical precision, it will drive your systems to new levels of predictive accuracy, trading effectiveness, and overall profitability. NeuroShell Trader Professional and DayTrader users can further enhance Ehlers work by combining his indicators with the power of the NeuroShell Traders optimizer to produce trading systems with a winning edge. The Cybernetic Analysis add-on is available now and costs 399 by Internet download. Although there is a help file with the add-on to assist with mechanics, the add-on is a companion to the book, and the theory and usage of the indicators are explained only in the book. You should not purchase the add-on without purchasing the book, which at this writing is discounted 32 to 54.37 at Amazon. The Cybernetic Analysis add-on contains the following indicators from the book: Price - returns the average of the high and low values for the bar. Ehlers uses this value in most of his indicators when he is referring to a price data stream. Cyber1FisherTransform - Ehlers describes the Fisher Transform as a mathematical process that converts a data set to one with a Gaussian Probability Density Function (PDF). This indicator is described in Chapter 1. It may be combined with the FisherTransformTrigger indicator to create a trading system. Cyber1FisherTransformTrigger - The FisherTransformTrigger indicator is created by delaying the FisherTransform indicator by one bar. The FisherTransformTrigger indicator may be combined with the Fisher Transform indicator to create a trading system. Cyber3ITrend - This is the Instantaneous Trendline indicator described in Chapter 3. According to Ehlers, having an Instantaneous Trendline with zero lag is a good beginning to generate a responsive trend-following system. This indicator may be used with the Cyber3ITrendTrigger indicator to create a trading system. Cyber3ITrendTrigger - This is the Instantaneous Trendline Trigger described in Chapter 3. This is a leading indicator that is created by adding a two-day momentum of the Instantaneous Trendline to the Instantaneous Trendline itself. This indicator may be used with the Cyber3ITrend indicator to create a trading system. In order to incorporate a limit price for the ITrend crossover condition and no limit for the emergency exit condition which uses the RevPct (Reverse Percentage), this add-on contains three additional indicators not included in Ehlers book. Ehlers Trading Strategy is built into these indicators: Cyber3TSLimit - Cyber3TSLimit is used in conjunction with Cyber3TSPosition and Cyber 3TSSignal. Cyber3TSPosition - Cyber3TSPosition is used in conjunction with Cyber3TSLimit and Cyber 3TSSignal. Cyber3TSSignal - Cyber3TSSignal is used in conjunction with Cyber3TSPosition and Cyber 3TSLimit. Cyber4Cycle - This is the Cyber Cycle indicator described in Chapter 4. This is an indicator that isolates the cycles in data with additional smoothing. It may be used with the Cyber4CycleTrigger indicator to create a trading system. Cyber4CycleTrigger - This is the Cyber Cycle Trigger indicator described in Chapter 4. The Trigger indicator is created by delaying the Cyber Cycle indicator by one bar. It may be used with the Cyber4Cycle indicator to create a trading system. Cyber5CG - This is the Center of Gravity (CG) oscillator indicator described in Chapter 5. Ehlers describes this smoothed, zero lag indicator as useful for identifying turning points. It may be combined with the Cyber5CGTrigger indicator to create a trading system. Cyber5CGTrigger - This is the Center of Gravity Trigger (CG Trigger) oscillator indicator described in Chapter 5. The Trigger indicator is created by delaying the Center of Gravity indicator by one bar. It may be combined with the Cyber5CG indicator to create a trading system. Cyber6RVI - This is the Relative Vigor Index (RVI) indicator described in Chapter 6. This indicator measures the up and down strength of the market normalized to the trading range. It may be combined with the Cyber6RVITrigger to create a trading system. Cyber6RVITrigger - This is the Relative Vigor Index Trigger (RVI Trigger) indicator described in Chapter 6. The Trigger indicator is created by delaying the Relative Vigor Index indicator by one bar. It may be combined with the Cyber6RVI to create a trading system. Cyber8StochasticRSI - This is the StochasticRSI indicator described in Chapter 8. This indicator is a ratio of up prices compared to the sum of up and down prices, and the stochastic portion looks at the highs and lows over the same period. It may be combined with the Cyber8StochasticRSITrigger indicator to create a trading system. Cyber8StochasticRSITrigger - This is the StochasticRSI Trigger indicator described in Chapter 8. The Trigger indicator is created by delaying the StochasticRSI indicator by one bar. It may be combined with the Cyber8StochasticRSI indicator to create a trading system. Cyber8StochasticCycle - This is the Stochastic Cyber Cycle indicator described in Chapter 8. It adds the stochastic component of examining the highs and lows to the Cyber Cycle indicator from Chapter 4. It may be combined with the Cyber8StochasticCycleTrigger indicator to create a trading system. Cyber8StochasticCycleTrigger - This is the Stochastic Cyber Cycle Trigger indicator described in Chapter 8. The Trigger indicator is created by delaying the StochasticCycle indicator by one bar. It may be combined with the Cyber8StochasticCycle indicator to create a trading system. Cyber8 StochasticCG - This is the Stochastic Center of Gravity (CG) indicator described in Chapter 8. It adds the stochastic component of examining the highs and lows to the Center of Gravity indicator from Chapter 5. It may be combined with the Cyber8StochasticCGTrigger indicator to create a trading system. Cyber8StochasticCGTrigger - This is the Stochastic Center of Gravity Trigger (CG Trigger) indicator described in Chapter 8. The Trigger indicator is created by delaying the StochasticCG indicator by one bar. It may be combined with the Cyber8StochasticCG indicator to create a trading system. Cyber8StochasticRVI - This is the Stochastic Relative Vigor Index (RVI) indicator described in Chapter 8. It adds the stochastic component of examining the highs and lows to the Relative Vigor Index from Chapter 6. It may be combined with the Cyber8StochasticRVITrigger indicator to create a trading system. Cyber8StochasticRVITrigger - This is the Stochastic Relative Vigor Index Trigger (RVI Trigger) indicator described in Chapter 8. The Trigger indicator is created by delaying the StochasticRVI indicator by one bar. It may be combined with the Cyber8StochasticRVI indicator to create a trading system. Cyber8FisherCycle - This is the Fisher Cyber Cycle indicator described in Chapter 8. Ehlers adds the Fisher Transform to the Cyber Cycle indicator from Chapter 4 to produce sharper, better defined entry and exit signals. This indicator may be combined with the Cyber8FisherCycleTrigger indicator to create a trading system. Cyber8FisherCycleTrigger - This is the Fisher Cyber Cycle Trigger indicator described in Chapter 8. The Trigger indicator is created by delaying the Fisher Cycle indicator by one bar. This indicator may be combined with the Cyber8FisherCycle indicator to create a trading system. Cyber8FisherCG - This is the Fisher Stochastic CG indicator described in Chapter 8. Ehlers adds the Fisher Transform to the Center of Gravity indicator from Chapter 5 to produce sharper, better defined entry and exit signals. This indicator may be combined with the Cyber8FisherCGTrigger indicator to create a trading system. Cyber8FisherCGTrigger - This is the Fisher Stochastic CG Trigger indicator described in Chapter 8. The Trigger indicator is created by delaying the Fisher Stochastic CG indicator by one bar. This indicator may be combined with the Cyber8FisherCG indicator to create a trading system. Cyber8FisherRVI - This is the Fisher Stochastic Relative Vigor Index (Fisher RVI) indicator described in Chapter 8. Ehlers adds the Fisher Transform to the Relative Vigor Index indicator from Chapter 6 to produce sharper, better defined entry and exit signals. This indicator may be combined with the Cyber8FisherRVITrigger indicator to create a trading system. Cyber8FisherRVITrigger - This is the Fisher Stochastic Relative Vigor Index Trigger (Fisher RVI Trigger) indicator described in Chapter 8. The Trigger indicator is created by delaying the Fisher Stochastic RVI indicator by one bar. This indicator may be combined with the Cyber8FisherRVI indicator to create a trading system. Cyber9Period - This is the Cycle Period indicator described in Chapter 9. It may be used to measure the Dominant Cycle period. Cyber10AdaptiveCycle - This is the Adaptive Cyber Cycle indicator described in Chapter 10. This indicator enables the Cyber Cycle indicator from Chapter 4 to be adaptive to the measured Dominant Cycle period. This indicator may be combined with the Cyber10AdaptiveCycleTrigger indicator to create a trading system. Cyber10AdaptiveCycleTrigger - This is the Adaptive Cyber Cycle indicator described in Chapter 10. The Trigger indicator is created by delaying the Adaptive Cyber Cycle indicator by one bar. This indicator may be combined with the Cyber10AdaptiveCycle indicator to create a trading system. Cyber10AdaptiveCG - This is the Adaptive Center of Gravity (CG) indicator described in Chapter 10. This indicator enables the Center of Gravity indicator from Chapter 5 to be adaptive to the measured Dominant Cycle period. This indicator may be combined with the Cyber10AdaptiveCGTrigger indicator to create a trading system. Cyber10AdaptiveCGTrigger - This is the Adaptive Center of Gravity Trigger (Adaptive CG Trigger) indicator described in Chapter 10. The Trigger indicator is created by delaying the Adaptive CG indicator by one bar. This indicator may be combined with the Cyber10AdaptiveCG indicator to create a trading system. Cyber10AdaptiveRVI - This is the Adaptive Relative Vigor Index (Adaptive RVI) indicator described in Chapter 10. This indicator enables the Relative Vigor Index from Chapter 6 to be adaptive to the measured Dominant Cycle period. This indicator may be combined with the Cyber10AdaptiveRVITrigger indicator to create a trading system. Cyber10AdaptiveRVITrigger - This is the Adaptive Relative Vigor Index Trigger (Adaptive RVI Trigger) indicator described in Chapter 10. The Trigger indicator is created by delaying the Adaptive Relative Vigor Index indicator by one bar. This indicator may be combined with the Cyber10AdaptiveRVI indicator to create a trading system. Cyber11Sine - This is the Sinewave indicator described in Chapter 11. This indicator may be used to predict the turning point of market cycles. It is plotted as the sine of the phase angle of the Dominant Cycle. It may be used in conjunction with the Cyber11LeadSine indicator to create a Trading Strategy. Cyber11LeadSine - This the LeadSine indicator described in Chapter 11. It is plotted as the sine of the phase angle of the Dominant Cycle plus 45. It may be used on conjunction with the Cyber11Sine indicator to create a Trading Strategy. Cyber12Adaptive Momentum - This is the Smoothed Adaptive Momentum indicator described in Chapter 12. This indicator measures the Dominant Cycle period and uses that measurement to compute a one-cycle momentum. Cyber132PoleButterworth - This is the Two Pole Butterworth Filter described in Chapter 13. Ehlers introduces Butterworth filters as better filters than exponential moving averages. Cyber133PoleButterworth - This is the Three Pole Butterworth Filter described in Chapter 13. Compared to the Two Pole Butterworth Filter, this one increases the sharpness of the filter rejection. Cyber132PoleSuperSmoother - This is the Two Pole Super Smoother described in Chapter 13. This filter has less lag than the 2PoleButterworthFilter. Cyber133PoleSuperSmoother - This is the Three Pole Super Smoother described in Chapter 13. Compared to the Two Pole Super Smoother, this one increases the sharpness of the filter rejection. Cyber14LaguerreFilter - This is the Laguerre Filter described in Chapter 14. Ehlers describes this filter as a balance between smoothing a signal and lag in order to avoid whipsaw trades. Cyber14LaguerreRSI - This is the Laguerre Relative Strength Index (RSI) Indicator described in Chapter 14. Ehlers shows that you can apply the Laguerre Filter to familiar indicators. Cyber16NetLead - This is the leading indicator called NetLead described in Chapter 16. This indicator combines a leading indicator with an exponential moving average to show when the market is in an uptrend or a downtrend. CyberCycleInverseFisher - This is the Inverse Fisher Transform indicator described in the Ehlers article of the same name that appeared in the May 2004 issue of Technical Analysis of STOCKS AND COMMODITIES magazine. He describes this indicator as an oscillator that produces clear buy and sell signals. The following are NeuroShell Trader Example charts included with the Cybernetic Analysis add-on: Example Chapter 3 ITrend No Limit This chart builds a Trading Strategy based on the crossover of the ITrend and ITrend Trigger indicators from Chapter 3. Example Chapter 3 ITrend Limit Intel This chart builds a Trading Strategy based on the crossover of the ITrend and ITrend Trigger indicators from Chapter 3. This chart incorporates a limit price for the crossover condition. Example Chapter 4 Cyber Cycle This chart uses a crossover of an indicator named Signal to generate trading signals. Example Chapter 4 Cyber Cycle Opt HD This chart uses a crossover of an indicator named Signal to generate trading signals. This chart is optimized on Home Depot (HD). Results are improved from the unoptimized chart named Chapter 4 Cyber Cycle. Example Chapter 4 Cyber Cycle Opt Intel This chart uses a crossover of an indicator named Signal to generate trading signals. This chart is optimized on Intel and includes an evaluation period of 6 months in the Trading Strategy. Example Chapter 4 Cyber Cycle Opt Deere This chart uses a crossover of an indicator named Signal to generate trading signals. This chart is optimized on Deere and includes an evaluation period of 6 months in the Trading Strategy. Example Chapter 10 Adaptive RVI This chart builds a Trading Strategy by using a crossover of the Adaptive RVI and Adaptive RVI Trigger. This is typical of many of the Trading Strategies Ehlers builds with indicators described in the book. Example Chapter 10 Adaptive RVI Opt This chart builds a Trading Strategy by using a crossover of the Adaptive RVI and Adaptive RVI Trigger. This optimized version of the Chapter 10 Adaptive RVI chart produces more profit than the original. Example Chapter 12 Adaptive Trend This chart builds a Trading Strategy for the Swiss Franc by using a crossover of the Adaptive Momentum indicator and 0. Example Chapter 12 Adaptive Trend Opt SF This chart builds a Trading Strategy for the Swiss Franc by using a crossover of the Adaptive Momentum indicator. This chart is optimized to increate profit. Example Chapter 12 Adaptive Trend Multiple Stocks Opt This chart builds a Trading Strategy for the multiple stocks by using a crossover of the Adaptive Momentum indicator. This chart is optimized to increase profit. Example Chapter 12 Adaptive Trend Opt Dell This chart builds a Trading Strategy for Dell by using a crossover of the Adaptive Momentum indicator. This chart is optimized to increase profit. For more details, please view the product manual for this add-on MESA91 - Mesa Software, Inc. John Ehlers has once again broken new ground applying scientific methods to market data with the release of the MESA91 indicators for NeuroShell Trader. The MESA91 indicators measure whether the market is in cycle or trending mode and deliver precise trading signals for either situation. The new version includes an adaptive method of extracting the dominant cycle for each instrument and an EvenBetterSine indicator that can forecast market trend in only a half period of the dominant cycle. Each indicator now includes parameters for setting the Lowest and Highest Period of the cycle, and these parameters may be optimized in NeuroShell Trader. Ehlers is a world renowned expert in applying scientific principles and DSP (digital signal processing) technology to the art of technical trading. According to Ehlers, a simplified model of the market consists of the combination of a trend and a cycle. Since the cycle period is known, it can be removed from the data to expose the underlying trend. The market is best traded using oscillator-type indicators when it is in a cycle mode and is best traded using moving average-type indicators when it is in trend mode. The MESA91 collection of indicators is not only dynamically adjusted by the dominant cycle, but advanced DSP techniques are used to produce low lag and non-causal signals in time to give users a trading advantage. The MESA91 add-on is a joint project between Mesa Software, Inc. and Ward Systems Group, Inc. Mesa developed the theory and programming and Ward Systems is selling the add-on for use with NeuroShell Trader. MESA91 requires NeuroShell Trader release 6.3. The price is 499.00. MESA91 is as easy to use as any of the indicators built into NeuroShell Trader. MESA91 Adaptive CCI, RSI and Stochastic The MESA91AdaptiveCCI is similar to their conventional Indicators except that it is tuned to the full MESA-measured Dominant Cycle period. The same is true for the MESA91 Adaptive RSI and Adaptive Stochastic indicators included in the set. MESA91 Bandpass The MESA91Bandpass Indicator is a bandpass filter tuned to the MESA-measured Dominant Cycle. Its amplitude is plotted to reflect the cyclic swing of the input time series. The MESA91Bandpass filter removes both low frequency and high frequency components from the input time series. The Delta parameter is the bandwidth of a bandpass filter in terms of - fraction of the Dominant Cycle. A smaller number gives a narrower bandwidth to eliminate extraneous cycle components and a larger number gives a wider bandwidth to improve responsiveness to transients. MESA91 BandStop The MESA91BandStop Indicator removes the Dominant Cycle component from the time series while retaining cyclic components that are both longer and shorter than the Dominant Cycle. MESA91 Detrend The MESA91Detrend Indicator subtracts a trendline from the time series and displays the difference scaled to the plus and minus one standard deviation from that trendline. This display enables an easy estimation when a swing peak or valley is reached and therefore a higher probability of reversion to the mean. MESA91 Dominant Cycle This indicator displays the MESA-measured Dominant Cycle. The Dominant Cycle can be used to dynamically tune other indicators to maintain consistency with changing market conditions. MESA91 Sine and LeadSine The problem with virtually all indicators is that they are causal. That means they directly depend on data for their computation. As a result, the computation cannot be accomplished until after the data arrives, and - as a result - all causal indicators have lag. Lag is perhaps the traders worst enemy, particularly when trading the cycle mode when relatively short term entries and exits are expected. MESA91 offers a solution to the lag problem by offering the MESA91Sine and MESA91LeadSine indicators. The market is coherent in the cycle mode, meaning that the Dominant Cycle has existed for a short while in history. It is further assumed that the dominant cycle will continue for a short time into the future. Since the dominant cycle is known, and its phase can be computed, we can advance time by advancing phase of the coherent dominant cycle. The MESA91LeadSine Indicator is computed simply by advancing the phase of the dominant cycle by 45 degrees. This creates an indicator that produces a crossing signal 18th of a cycle ahead of its turning point, indicated by the MESA91Sine Indicator. For an 16 bar cycle, the crossing occurs 2 bars ahead of the cyclic turning points - just right for making a timely trade entry. Clearly, the MESA91Sine and MESA91LeadSine indicators do not work so well when the market is in a trend mode. MESA91 EvenBetterSine The MESA91EvenBetterSince Indicator can forecast market trend and it does so in only a half period of the dominant cycle, compared to the Sine indicator, which requires the full dominant cycle before it can determine market trend. The original Sine indicator correlates a pure sinewave with the phase of input cycle (or dominant cycle in MESA91) over a full cycle period. This completely removes any trend component and only gives the cycle inherent in the data. The disadvantage of this indicator is that sometimes the cyclic swing is so small that the dominant cycle data is inconsequential. This is particularly true when the market is in a trend. On the other hand, the EvenBetterSine correlates the data with a sinewave over a HALF period of the dominant cycle. MESA91 Smooth MESA91Smooth is an adaptive 2 Pole Super Smoother Filter that is tuned to a fraction of the MESA-measured Dominant Cycle. The degree of smoothing is altered by the Mult input parameter, which is the fraction of the Dominant Cycle to which the filter is tuned. MESA91 SNR (Signal to Noise Ratio) MESA91SNR measures the Signal-to-Noise Ratio in the price data in decibels. Noise is the average daily price range (High Low) taken over the period of the MESA-measured Dominant Cycle. This definition may not be strictly true, but it suffices as a qualifier of uncertainty of the intraday prices. For the purpose of this indicator, Signal is the peak-to-peak amplitude of the Dominant Cycle. When the wave amplitude of the Signal is twice the Noise amplitude the SNR has a value of 6 dB. This ratio is the threshold below which it is not advisable to swing trade on the basis of cycles. MESA91 TrendLine MESA91TrendLine is an adaptive 2 Pole Super Smoother Filter that is tuned to a multiple of the MESA-measured Dominant Cycle, assuring that all cyclic components shorter than the Dominant Cycle will be attenuated. This results in an indication of the trend. The degree of lag produced by the MESA91TrendLine Indicator is controlled by the Mult input parameter, which is the multiple of the Dominant Cycle to which the filter is tuned. MESA91 TrendVigor The MESA91TrendVigor Indicator measures the slope of the time series across the period of the Dominant Cycle as a ratio to the peak-to-peak amplitude of the Dominant Cycle. If the ratio is greater than one, then the uptrend is swamping the Dominant Cycle and it is not advisable to use the Dominant Cycle for swing trading. The MESA91 indicator set includes eight example charts that you can examine inside of NeuroShell Trader. For more details, please view the product manual for this add-on. Contact Information: For questions on the theory behind MESACybernetic Indicators, please contact: Mesa Software, Inc. John Ehlers PO Box 1801 Goleta, CA 93116 Voice: (805) 969-6478 Fax: (805) 969-1358 mesasoftware Product(s): Adaptive Mixture of Experts (AME) Noxa AME is a world-class expert advisor able to adapt to not just changing market conditions, but changes in the fundamental way the market works. It is self-learned, and has only one parameter to set. Risk-adjusted signals for a wide range of securities, foreign and domestic, Proxy trading possible by timing an index, Runs in 100 walk-forward adaptation mode. Next-Generation Technology for New markets Noxa AME (Adaptive Mixture of Experts) is an Expert Advisor that runs as an add-on to Ward System Groups NeuroShell Trader. Adaptive: Markets are not static. They are dynamic and susceptible to quick changes, even more so with the influx of High Frequency Trading. Adaptive strategies should be able to adjust to not just changing market conditions, but changes in the fundamental way the market works. Mixture: Mixtures combine the beliefs of several expert algorithms into a single prediction. They are capable of greater predictive performance than any of their individual experts. Experts: It is possible for price patterns to develop with different outcomes they often run contrary to each other. Most often we are pretty useless at making sense of it all. One possible explanation is that we naturally zoom out on the patterns we dont have a good idea about the details. Expert algorithms however can deconstruct a pattern into low level features and look at how they progress through time in various contextual scenarios. Causal Singular Spectrum Analysis (CSSA) quot. I am very comfortable working with the package. It is incredibly useful just to look at the raw CSSA indicators. quot Nature and its parts fluctuate in cycles. Markets are no exceptions. A quick glance at any price chart will reveal cyclical behaviors price bobs up and down with a good degree of regularity giving evidence of rhythm. Obviously, if cycles are genuine . the presumption is that they will continue. And mostly they do, so we cannot afford to ignore them. Noxa CSSA is a package that runs as an add-on to NeuroShell Trader 5.2 and above. It is packed with a set of zero-lag indicators that provide a full wave-composite picture of the market at all time-frames. As you can see on the graph below, the peaks and troughs of the cycles emphasize the swings as if they were predicted with perfect hindsight. To learn more about CSSA, CLICK HERE Following is a brief overview of the indicators in the CSSA add-on: CSSA-Cycles The cycles are designed to be a direct reflection of the price action so that they dont lag. You will be able to quickly anticipate turning points independently of the time-frame. CSSA-Slope and Trendlines These indicators are derivatives from CSSA-Cycles they are particularly useful in identifying and confirming the direction of momentum behind a move. CSSA-Long and Short Entries Signals are triggered by CSSA-Cycles from its bases and peaks. A causal lead and filtering features have been added to compensate for inherent execution lags so that you can make the most of each market move. CSSA-QPhase This indicator operates a 90 degree phase shift of CSSA-Cycles the peaks and troughs of the cycle line become zero crossings. Signals are then triggered when the transform breaks through its center line. Because of the accuracy of the signals, tight stop losses can be kept for even better results. CSSA-Oscillator In addition to generating signals, this centered oscillator can also be used to confirm developing trends. CSSA-Turning Levels Lines are drawn horizontally from the base before an upmove in CSSA or a peak before a downmove. The purpose of this indicator is to show where price is liable to find some local support and encounter some local resistance. The violation of these lines can generate reliable entry points. CSSA-Percent Variance, CSSA-Coupling Index Both indicators are variations of the same concept. They use the variance accounted by individual cycles or group of cycles to compute a degree of coupling between them. Any sudden change in this coupling can announce that something is amiss with the current trend or that the current trend is about to change. CSSA-Change Point Score The degree of change between recent and past price action is returned. It can be interpreted as the probability that some change is likely to occur due to strong causal dependencies in the data. In other words this indicator reveals hidden dependencies that may announce significant changes in trend. CSSA-ShowRange Select a range, and then use the values shown in the caption to set the training range of CSSA indicators. CSSA-ShowEigenvectors Visualize the elementary patterns of behavior in price and find propagating modes. Their inherent persistence over time makes these modes especially worthy of attention. Example Following is a screenshot illustrating crossovers from CSSA-QPhase. The out-of-sample equity curve looks upper trending and pretty strong: Entropy Indicators (NEI) Make your purchase safely and with confidence using our secure online ordering system. For details, VISIT These add-ons are implemented in Vectorized C and assembly code for maximum speed. They integrate directly with Neuroshell Trader version 5 and come with chart examples. To download our Hands-on tutorial on NEI, CLICK HERE Have you ever heard of Claude Shannons entropy Probably not but it may be just what you need to find profitable patterns in the market. The backbone of NEI add-ons (Noxa Entropy Indicators) is a powerful search engine for patterns that are resistant to entropy (the tendency of systems to disorder). That means you will be able to trade compelling pockets of order that arise in the market. NEI Prediction-Days Markets sometimes lock themselves into predictable futures. NEI Prediction-Days detects these events by searching for local histories with high predictability potential. NEI Shannon Entropy Shannon Entropy gives a measure of statistical regularity in price data, making it a good proxy for changes in market condition. It is particularly suited for use with neural-nets to make buysell decisions. NEI Mutual Information Global Correlation Mutual Information and Global Correlation measure the statistical dependence between two series by giving the amount of information one series carries about the other. You will be able to explore the market and select inputs that maximize their Mutual Information. NEI Transfer Entropy Transfer Entropy is a measure of information flow between two series. It takes into account the amount of additional information required to represent future events. In essence, Transfer Entropy tells us which input leads which. Examples Following is a screenshot illustrating Mutual Information as a fair representation of market forces: You can see that some information flow between Oil service and Airlines stocks materialized in the form of islands whose tops happen to precede significant changes in trends (1997 1 . 1999 2 and early 2003 3 . 4 ). Particularly successful trading strategy example two neural-nets were built with NEI indicators as inputs to cope with changes in market conditions (out-of-sample backtest period in green): Contact Information: Contact Information: Optimized Renko Bars for Less Noise and Precise Trading Signals: Interchart Tools Renko Bars Add-On for NeuroShell Trader The Japanese developed Renko bar charts in an attempt to show price based upon a specified amount of movement in a single direction rather than reporting price based on a time schedule as in a 5 minute bar chart. Richey Enterprises developed an entirely new concept in Renko bars - optimizable Renko bars based on price, volume, or a combination of both, that may be customized for each security. The result is that your trading systems are based on less noise and subsequently generate more precise trading signals. These innovative Renko Bars comprise the InterChart Tools Renko Bars Add-On for NeuroShell Trader. The InterChart Tools Renko Bars are virtual bars capable of generating trading signals and performing their calculations using the same methods as traditional bars. Once a trading signal is generated by the Renko bar, both the trade and fill are correctly displayed on the open of the next bar of the base chart. For example, you can create a 0.25 range bar base chart and then add InterChart Tools Renko Bars to trading rules, visual charting systems, or predictions. Included Indicator Types InterChart Tools Renko Bars - are created based on a specified change in price that moves either up or down. InterChart Tools Volume Bars - are created based on the exchange of a specified minimum number of shares or contracts that move with price action either up or down. InterChart Tools Money Bars - are created based on the exchange of a specified amount of money stated in thousands of dollars that is calculated by multiplying the price times the number of sharescontracts that move with price action either up or down. How Renko Bars Work Renko Bars are only created when price has moved either up or down by the amount of the specified high-low range. This amount is referred to as the brick size. In all classic Renko charts, all bricks must be exactly the same size and the change specified in the high-low range must be in the same direction, either up or down, before a new bar is formed. Why InterChart Tools Renko Bars Differ from Traditional Renko Bars The InterChart Tools Renko Bars include parameters that allow you to specify the number of ticks used to calculate the up part of the Renko bar as well as the number of ticks used to compute the down part. Since any bars function is to absorb noise and rising price jitter is often different from falling price jitter, the IctRenko bars permit an asymmetrical definition to accommodate this. A Bar Size Multiplier gives you the option of setting the overall size of the bar once the updown ratio has been configured. IctRenko bars are only created when price has moved either up or down by the number of virtual ticks specified in either the Ticks per Up Bar or Ticks per Down Bar multiplied by the Bar Size Multiplier. NeuroShell Renko bars may, at the users discretion, be controlled by the NeuroShell Trader optimizer to identify the optimal bar size and noise absorption for a given algorithm or security. Different moving averages of InterChart Tools Volume Renko Bars can tell you when to go long or short - or even when to stay out of the market. The price of InterChart Tolls Renko Bars Add-On is 695. You need NeuroShell Trader 6.4x or higher to use the InterChart Tools Renko Bars Add-On. InterChart Tools Renko Bars work with the NeuroShellreg DayTrader and NeuroShell DayTraderreg Power User, as well as NeuroShell Trader Professional and NeuroShell Power User. For more information, call Ward Systems Group at 301 662 7950. InterChart Tools 1 Richey Enterprises is offering traders a set of indicators that makes consensus trading among multiple time frames possible. The InterChart Tools 1 Add-On allows you to share information between charts using different bar sizes. As an example, an MACD indicator created on a range bar chart may be used to influence processing on a 5-minute time bar chart. Or you could use the close on a 5-minute chart to influence a 15-minute chart. Since bar size creates primary noise filtering, this allows another mechanism for noise removal. Streams may be sent or received from any of NeuroShell DayTrader Professional chart types: time bar, volume bar, tick bar, and range bars. Because InterChart Tools 1 works with daily, monthly, and weekly charts, it may also be used with NeuroShell Trader and NeuroShell Trader Professional. Single Streams InterChart Tools 1 broadcasts data streams from a source chart, which can be retrieved by one or more receiving charts. These streams are time series chart items. Any time series which can be plotted on a chart can be sent to another chart using the SendStream and GetStream indicators respectively. Items that may be sent to another chart include: Price streams such as open, high, low, and close Indicators such as (High Low) 2, MACD, Exponential Moving Average and any of NeuroShells hundreds of other indicators Outputs from trading strategies and predictions Groups of Streams In addition to transmitting single data streams, InterChart Tools 1 includes SendGroup indicators which allow you to send similar data from either single or multiple charts. The multiple streams are processed (summed, min value, max value, or averaged) and displayed on another chart as a single data stream using the GetGroup indicator. Volume Indicators Volume data may be transmitted from a stock chart to an options or futures chart using the SendVolume and GetVolume indicators. The SendVolume indicator is different from the SendStream indicator because it accumulates data until the completion of a bar on the receiving chart. Cautionary Note There is no way to guarantee the order in which two separate intraday charts will update with a new bar, and thus it is likely that charts updating bars at the same time may not receive the most recent data. As an example, suppose a 1-minute chart is sending a stream to a 10-minute chart. Six times an hour these charts will update at the same time, and which updates first is usually a function of the unpredictable timing in which data is received, or other factors. Therefore at any one of those six times per hour, it is possible that the 10-minute chart will update and ask for streams a second or so before the 1-minute chart updates. The 10-minute chart will get the streams that are currently available, and will not wait for the 1-minute chart to update. Therefore it is possible that the 10-minute chart will receive 1-minute-old data from the 1-minute chart. Do not use these indicators where this could be a problem for you . Generally simultaneous updating is not as likely when at least one chart is a volume, tick, or range bar chart. To correct this problem, you can right click on the chart and select recalculate chart to manually update out of sequence operations. Another time that older bars may be sent is when there are no bars to send. This could occur when there are gaps in price bars due to missing data, the exchange not being open, or other causes. When a new value for a bar is available, the bar may change. If you build a prediction or trading rules based on these bars, your signals could change. Such problems may be less troublesome when sent data is received by the chart with the fastest bars. InterChart Tools 1 will NOT work on charts that have more than one chartpage. InterChart Tools 1 indicators include: SendStream transmits a single data stream GetStream receives a single data stream SendGroup1, 2, 3, 4, 5, and 6 transmits up to 6 similar data streams GetGroup accepts data from the SendGroup indicators and applies a treatment such as summing, extracting the minimum or maximum value, or averaging to compress the data into a single stream SendVolume sends volume data. This indicator accumulates volume data until the completion of a bar on the receiving chart. GetVolume receives volume data that accumulates since the last update Example 1: This example shows how to send a 10 bar moving average computed on a 5-minute chart to a 7-minute chart. The 5-minute chart contains the following indicator SendStream that uses a StreamID of 1: SendStream (1,Avg(Close,10)) The 7-minute chart contains the following GetStream indicator, which reads StreamID 1: GetStream(1) Example 2: In this example a range bar chart computes the spread between an RSI on itself and an RSI from a daily chart. The daily chart contains an RSI indicator that has been renamed DailyRSI. It also contains the following SendStream Indicator with a user selected StreamID of 13: The range bar chart contains an RSI that has been renamed RangeRSI. It also contains the following indicator: Example 3: The user in Example 2 also creates an hourly bar chart to which he would like to send the spread on his range bar chart. On the hourly chart the user wants to divide the spread by a moving average on one of hisher daily charts. The following indicator is added to the range bar chart from Example 2, now called Example 3 Range SPY. cht . SendStream (5,Spread(RangeRSI, GetStream (13))) The following indicator is added to the daily chart from Example 2, now called Example 3 Daily SPY. cht . Then on the hourly bar chart called Example 3 Hourly SPY . the following indicator is added: Divide( GetSteam (5), GetStream (12)) For more details, please view the product manual for this add-on The price of the InterChart Tools 1 Add-on is 399. For more information, call Ward Systems Group at 301 662 7950. BUY NOW InterChart Tools 2 Richey Enterprises has developed a set of price indicators called InterChart Tools 2 that generate early trading signals for NeuroShell Trader. The TimeBars indicators call higher timeframe data to a chart and update every time the base chart updates. There are separate indicators for the open, high, low, close, and volume data as well as several different combinations of that data. The Consolidated Bars indicators combine x number of the most recent bars that you specify into a single data stream and are useful for fast moving tick and range bars. The TimeBars indicators let you to create 5, 10, 15, 30, etc. minute bars on a 1 minute chart in NeuroShell DayTrader, with the added advantage of not having to wait for the higher minute bar to complete before the TimeBar updates. While creating these indicators, Richey Enterprises determined that 90 of the time the high and low for 10 minute bars occur before the end of 10 minute bars. The optimizer in the Trader can determine the bar size which is most appropriate for your desired algorithm and equity. The Consolidated Bars indicators can combine the high value from the most recent 5 bars, for example. The Consolidated Bars are especially useful when your trading system is based on tick and range bars. Consolidated bars allow you to de-noise high frequency range and tick bars. The optimizer can identify the optimal number of bars to consolidate during the morning, mid-day and closing sessions to properly de-noise range data without lag and without having to wait for a higher range bar to complete. Example 1: Time Bars High and Volume On the Example 1 chart we have added a TimeBar High indicator. The high bar displays the highest high value from the 10 minute bar since the 10 minute bar began to form. The TimeBar High will continue to build until 10 minutes past the hour at which point it will be identical to the high of a standard 10 minute bar. At 10 minutes past the hour both indicators will reset and the operation repeats. We also added the TimeBar Volume indicator to the chart. When you look at the example chart, the TimeBar high values from the 10 minute bars are almost always correctly defined before the end of the bar time. Therefore any Trading Strategy, Prediction, or indicator which references the high of a higher time frame bar may fire before a standard bar would be able to issue a signal. Similarly, the bar volume builds at the chart frequency. Any Trading Strategy, Prediction, or indicator which depends on a volume level from a higher time frame will fire when that has been achieved. Often this is before half of the bar has been built. Of course, if the volume requirement is not going to be met for this bar, it will not fire falsely. Example 2: Indicators in Predictions In this example we created a 5 minute chart for the SP 500 E-Mini which uses several different InterChart Tools2 indicators based on 10 minute bars (TimeBars HL2, TimeBars HLC3, and TimeBars OHLC4) as inputs to a prediction of the percent change in open 1 bar in the future from the next open. We did not optimize any input parameters. The model shows a 15476.1 1 yr Return on Trades for the out-of-sample period. Example 3: Indicators in Trading Strategies In this example we created a 5 minute chart for the SP 500 E-Mini which uses InterChart Tools2 high and low values from a 10 minute bar as the basis for creating an RSI Trading Strategy. We entered a Trading Strategy as follows: Long Entry: RSI based on TimeBars Low 10 minute 70 Optimize the periods in the RSI from 1 to 10 and optimize the RSI value from 80 to 90 We set the model to trade 1 contract between the hours of 8:35 a. m. to 3:30 p. m. We added a margin of 500 per contract and a point value of 50 for the SP E-Mini. The model returned an annual return on account of 5603.3 in the out-of-sample period compared to a 115.4 annual percent change in price. Example 4 Optimize Time Frame If you dont know which higher time frame to use in your model, you can let the optimizer choose. We created a prediction much like Example 2, but instead of using different TimeBars indicators based on the same time frame, we used the same TimeBarsHL2 indicator, one for 10 minute bars and the other for 15 minute bars, both on a 5 minute chart. In the Prediction Parameters settings on the Optimization tab, we limited the maximum number of inputs to 1 so the optimizer was forced to make a choice of inputs. You could do the same thing with various numbers of Consolidated Bars. Letting the optimizer choose the best TimeBars or Consolidated Bars could also be used in the Trading Strategy wizard by choosing Rule Selection Optimization on the Long and Short rules tabs. Example 5 Consolidated Bars We created a .3 range bar chart for the SP 500 E-Mini, then created a Prediction with both a Consolidated Bars HL2 indicator and a Linear Weighted Average of the Close as inputs. On tick based charts (range and volume) these consolidated bars act like variable time bars. In this example, a 5 bar consolidate of a .3 range bar will display the (H L) 2 over the time it took to create the 5 bars. These bars are continuous and always reflect the high of the previous N bars, so as a new bar is added the oldest bar is dropped off. Unlike any moving average which might attempt to do the same, there is never any lag. The Prediction predicted 5 0.3 range bars into the future from the next open. The model used a 500 margin and a point value of 50. We set the number of hidden neurons down to 1. The profitable results from the optimization period continued into the out-of-sample period. Example 6 Optimize Data Stream If you dont know which data stream you want to use in your Trading Strategy or Prediction, you can use the TimeBars indicator and let the optimizer choose a display parameter, which means that the optimizer will choose the correct data stream. In this example, we inserted two TimeBars indicators in a prediction and optimized only the display parameter. The two TimeBars were based on 10 and 15 minute bars respectively, and the optimizer chose the 10 minute bar based on the low as the only input for the model. Consolidated Bars You can also let the optimizer choose the data stream for Consolidated Bars by optimizing the display parameter for a Consolidated Bars indicator. For more details, please view the product manual for this add-on. The price of InterChart Tools 2 Add-on is 399. For more information, call Ward Systems Group at 301 662 7950. BUY NOW InterChart Tools 21 Richey Enterprises has developed a set of price indicators called InterChart Tools 21 that generate early trading signals for NeuroShell Trader. The TimeBars indicators call higher timeframe data to a chart and update every time the base chart updates. There are separate indicators for the open, high, low, close, and volume data as well as several different combinations of that data. The Consolidated Bars indicators combine x number of the most recent bars that you specify into a single data stream and are useful for fast moving tick and range bars. The TimeBars indicators let you to create 5, 10, 15, 30, etc. minute bars on a 1 minute chart in NeuroShell DayTrader, with the added advantage of not having to wait for the higher minute bar to complete before the TimeBar updates. While creating these indicators, Richey Enterprises determined that 90 of the time the high and low for 10 minute bars occur before the end of 10 minute bars. The optimizer in the Trader can determine the bar size which is most appropriate for your desired algorithm and equity. The Consolidated Bars indicators can combine the high value from the most recent 5 bars, for example. The Consolidated Bars are especially useful when your trading system is based on tick and range bars. Consolidated bars allow you to de-noise high frequency range and tick bars. The optimizer can identify the optimal number of bars to consolidate during the morning, mid-day and closing sessions to properly de-noise range data without lag and without having to wait for a higher range bar to complete. Adaptive Consolidated Bars indicators also combine the information from the most recent bars on a chart, but unlike the regular Consolidated Bars the Adaptive Consolidated Bars treat rising bars and falling bars independently. The Adaptive Consolidated Bars offer the option of consolidating a different number of bars for rising prices as contrasted to the number of bars for falling prices. Since the function of a consolidated bar is to absorb noise and rising price jitter is often different from falling price jitter, the Adaptive Consolidated Bars permit an asymmetrical definition to accommodate this. Example 1: Time Bars High and Volume On the Example 1 chart we have added a TimeBar High indicator. The high bar displays the highest high value from the 10 minute bar since the 10 minute bar began to form. The TimeBar High will continue to build until 10 minutes past the hour at which point it will be identical to the high of a standard 10 minute bar. At 10 minutes past the hour both indicators will reset and the operation repeats. We also added the TimeBar Volume indicator to the chart. When you look at the example chart, the TimeBar high values from the 10 minute bars are almost always correctly defined before the end of the bar time. Therefore any Trading Strategy, Prediction, or indicator which references the high of a higher time frame bar may fire before a standard bar would be able to issue a signal. Similarly, the bar volume builds at the chart frequency. Any Trading Strategy, Prediction, or indicator which depends on a volume level from a higher time frame will fire when that has been achieved. Often this is before half of the bar has been built. Of course, if the volume requirement is not going to be met for this bar, it will not fire falsely. Example 2: Indicators in Predictions In this example we created a 5 minute chart for the SP 500 E-Mini which uses several different InterChart Tools2 indicators based on 10 minute bars (TimeBars HL2, TimeBars HLC3, and TimeBars OHLC4) as inputs to a prediction of the percent change in open 1 bar in the future from the next open. We did not optimize any input parameters. The model shows a 15476.1 1 yr Return on Trades for the out-of-sample period. Example 3: Indicators in Trading Strategies In this example we created a 5 minute chart for the SP 500 E-Mini which uses InterChart Tools2 high and low values from a 10 minute bar as the basis for creating an RSI Trading Strategy. We entered a Trading Strategy as follows: Long Entry: RSI based on TimeBars Low 10 minute lt 30 Optimize the number of periods in the RSI from 1 to 10 and optimize the RSI value from 15 to 45 Short Entry: RSI based on TimeBars High 10 minute gt 70 Optimize the periods in the RSI from 1 to 10 and optimize the RSI value from 80 to 90 We set the model to trade 1 contract between the hours of 8:35 a. m. to 3:30 p. m. We added a margin of 500 per contract and a point value of 50 for the SampP E-Mini. The model returned an annual return on account of 5603.3 in the out-of-sample period compared to a 115.4 annual percent change in price. Example 4 Optimize Time Frame If you dont know which higher time frame to use in your model, you can let the optimizer choose. We created a prediction much like Example 2, but instead of using different TimeBars indicators based on the same time frame, we used the same TimeBarsHL2 indicator, one for 10 minute bars and the other for 15 minute bars, both on a 5 minute chart. In the Prediction Parameters settings on the Optimization tab, we limited the maximum number of inputs to 1 so the optimizer was forced to make a choice of inputs. You could do the same thing with various numbers of Consolidated Bars. Letting the optimizer choose the best TimeBars or Consolidated Bars could also be used in the Trading Strategy wizard by choosing Rule Selection Optimization on the Long and Short rules tabs. Example 5 Consolidated Bars We created a .3 range bar chart for the SampP 500 E-Mini, then created a Prediction with both a Consolidated Bars HL2 indicator and a Linear Weighted Average of the Close as inputs. On tick based charts (range and volume) these consolidated bars act like variable time bars. In this example, a 5 bar consolidate of a .3 range bar will display the (H L) 2 over the time it took to create the 5 bars. These bars are continuous and always reflect the high of the previous N bars, so as a new bar is added the oldest bar is dropped off. Unlike any moving average which might attempt to do the same, there is never any lag. The Prediction predicted 5 0.3 range bars into the future from the next open. The model used a 500 margin and a point value of 50. We set the number of hidden neurons down to 1. The profitable results from the optimization period continued into the out-of-sample period. Example 6 Optimize Data Stream If you dont know which data stream you want to use in your Trading Strategy or Prediction, you can use the TimeBars indicator and let the optimizer choose a display parameter, which means that the optimizer will choose the correct data stream. In this example, we inserted two TimeBars indicators in a prediction and optimized only the display parameter. The two TimeBars were based on 10 and 15 minute bars respectively, and the optimizer chose the 10 minute bar based on the low as the only input for the model. Consolidated Bars You can also let the optimizer choose the data stream for Consolidated Bars by optimizing the display parameter for a Consolidated Bars indicator. Example 7 Consolidated Bars vs Adaptive Consolidated Bars The Adaptive Consolidated Bars were able to increase the profits from the original Trading Strategy built on crossovers of Exponential Moving Averages of consolidated bars. For more details, please view the product manual for this add-on. The price of InterChart Tools 21 Add-on is 499. For more information, call Ward Systems Group at 301 662 7950. BUY NOW RJ5 Group LLC Product(s): iCinDER trade indicators The iCinDER indicators, W3 and V2, provide indication of the cyclical trends advance and decline, and as such, can provide cycle analysis information at the Minor, Intermediate and Major Cycles. The approach taken in the creation of the set of tools in the iCinDER products is to combine individual components into a cohesive, integrated analytical tool that can provide information as to the direction and strength of market movement of financial instruments traded in the open markets. The basis of the indicators is extractions of dynamics of price and time with the added mathematical algorithms that attempt to capture the pure impulse movement of the instrument being evaluated. It is also understood that the indicators reliability and quality of feedback is based on the issue having adequate volume movement to ascertain the impulse of the indicator with higher efficiency and correlation. As with all technical analysis indicators, iCinDER cyclical indicators are designed to be used with other indicators you may be familiar with and that the user verify correlation to achieve positive confirmation of the output that is provided by iCinDER indicator. The W3 and V2 indicators can also be filtered by other indicators such as RSI, Linear Regression Slope as well as others that the user may want to experiment with in their models. How all this came to be Interview with Raul Jimenez, creator of iCinDER W3 and V2. I have been trading since about 1989 and have devoted time to studying trading systems, indicators, Dow Theory, Elliott Wave Theory, etc. During all my trading years, I found systems that worked for a while then stopped working. At the time, I did not understand why but changed to another system that would work for a while. In 2006, after working for a large software company for a number of years, I decided it was time to stop the traveling and fast paced lifestyle and devote some time to something I was passionate about trading in the stock market. I had spent time reading books on cycle analysis, MACD, RSI, adaptive indicators and other methodologies. It all came back to me as either the cycles were too closely correlated, tight fitting with virtually no divergence or loosely coupled. I knew that mathematically it was possible to measure multiple timeframes and correlate them to a single wavelength, which while not adaptive could provide high correlation to the measured instruments. I will not bother with discussing all the experiments, but one thing was clear the business cycle was part of the solution. With this in mind, I devised an algorithm that analyzed price and time in 5 dimensions this became V2 and a secondary indicator that added a theoretical momentum type dimension. This last part was composed of 2 dimensions at 2 timeframes. Adding all this together to V2 --- W3 was born. This was December of 2006 when this was completed. Initial complex implementations with scanners and strategies were done for Tradestation, and to date that is the most complete and complex model I have developed. The simple V2 and W3 were ported to other platforms Metastock, eSignal and others. Now we fast track to 2009 when a good friend of mine, George D, started discussing GA with me. I had worked on this before and thought of having a fresh look at V2 and W3 within a GA. My friend recommended Neuroshell. The rest is now history about 5 months of work and testing, building models with iCinDER indicators and adding TurboProp, Fuzzy Indicators, Neural Indicators and Chaos Hunter. Today, we have both V2 and W3, implemented in an external DLL. We ship the indicators with an extensive Help File and sample models that the user can use as starting points for their own models. We plan on providing more complex models for the users that have TurboProp, NI and even Chaos Hunter. BUY NOW Contact Information: Adaptive Net Indicators The way a human would typically do pattern matching on financial data is as follows: He or she would scan the price stream (close) looking for distinct movements. Then he or she would examine the pattern formed by the changes in close for some number of bars (lets say 11) just prior to the distinct movements. If this human is pretty good at pattern recognition, he or she might even examine the changes in the open, high, and low of the preceding 11 bars as well as the change in close in those bars. The human is looking for what types of patterns in the prior 11 bars that foretell the distinct movement. Once the human is satisfied that there is a high probability of the distinct movement following certain patterns, he or she can then watch for those patterns in the future. When the patterns appear, the human expects one of the distinct movements to follow and places orders appropriately. The example above is the inspiration behind the enhancements to Adaptive Net Indicators (ANI) release 2.0. ANI always did pattern matching, but now in release 2.0 new functions not only include the current bar in the inputs but a number of lags of the input as well. Technical Details Adaptive Net Indicators are special versions of GRNN and PNN neural nets formulated to do pattern matching, both predicting and classifying. They retrain (quickly) on every new bar, so they are never more than 1 bar behind. You can set the contribution factors yourself so that the net uses your specification of how important the inputs are, instead of the other way around. Of course, you could also let the genetic algorithm find them if you own the NeuroShell Trader Professional or the DayTrader Professional. As a matter of fact, you can also let the GA find the optimal number of bars ahead to predict and the optimal training set size. If thats not enough exclamation points, how about this: you can even let the GA find the best thing to predict by optimizing the parameters (including whether open, high, low, or close) of your output indicator. Adaptive Net Indicators is a package with unprecedented flexibility and capabilities. Many of you have expressed a desire to have confidence factors for your nets. The classification series of Adaptive Net Indicators will provide you with confidence. In addition, Adaptive Net Indicators will make no prediction at all if they feel they have no basis on which to do so. Our Adaptive Net Indicators do pattern matching by comparing each new pattern encountered with a number of immediately previous known patterns. They do not use weights like most neural nets. The Net output (i. e. the output of the indicator) is derived from the outputs of the immediately previous patterns. It is most heavily influenced by the most closely matching of the known patterns, and so the output of any new pattern encountered will be much like similar known patterns. You the user can set the number of immediately previous patterns which the Net compares to the new pattern. The Net indicator has inputs in which the pattern is stored, just like other indicators and neural nets. If a Net has 3 inputs, you can feed in the current values of the RSI, a CCI, and the Momentum to form the pattern, for example. Or you could feed the Net todays close, yesterdays close (lag 1 of close), and the close the day before (lag 2 of close). You can feed Net outputs into a Net, just as you could do with any other indicator. With some of our indicators, you can also input many lags of the primary inputs as well. Nets also have another type of input, called the Actual value. This is where you show the Net what you want the outputs to be like. In other words, you train the Nets to produce values like the Actual value whenever the corresponding inputs are closely matched. You want the Net to predict for you the Actual value X bars in advance. The output of the Net is the prediction signal of the Actual value X bars ahead. You get to pick what X is for each Net. This is just like our neural nets in the NeuroShell Trader. Furthermore, you can even optimize the value of X in a Trading Strategy. There is another big difference between our Adaptive Nets and the neural nets in the NeuroShell Trader. The contribution factors for each input are also inputs. Thats right, instead of the net telling you the contribution of each input variable, you get to tell the Net what the contribution should be. The higher the contribution, the more heavily the Net will weigh that input when it does pattern matching. Of course, if youd rather have the contribution factors figured out for you, the NeuroShell Trader Professional can optimize them. There are two kinds of Adaptive Nets, depending on the type of output they produce. There are Prediction Nets whose outputs are predicted values (like price change, percent change in price, predicted indicator values, etc.). There are also Classifier Nets whose output is a probability of the pattern being of one type or another. Types might be Buy and Hold, for example. Other types can be Good and Bad, or Up and Down, etc. The Classifier Nets dont actually read or produce the strings like Buy and Hold. You use positive numbers in the Actual for one category like Buy, and zero or negative numbers for the other category like Sell. The predicted output will be a number between -1 (strong probability of sell) and 1 (strong probability of buy). Numbers close to zero could be considered Hold (YOU would decide how close to zero a prediction should be to be considered a Hold) One of the interesting things you can do with Adaptive Net Indicators is build adaptive moving averages. You can adjust how tight or how loose the adaptive moving average is. The chart below shows an adaptive net indicator configured as an adaptive moving average. Configurations There are a total of 18 Adaptive Nets, nine Predictor Nets and nine Classifier Nets. There are 9 of each because each of the nine takes a different number of inputs as follows: Predict2 - Prediction Net which takes 2 inputs Predict3 - Prediction Net which takes 3 inputs Predict4 - Prediction Net which takes 4 inputs Predict5 - Prediction Net which takes 5 inputs Predict6 - Prediction Net which takes 6 inputs LagPredict1 - Prediction Net which takes many inputs: 1 primary input and any number of lags of that primary input. LagPredict2 - Prediction Net which takes many inputs: 2 primary inputs and any number of lags of those primary inputs. LagPredict3 - Prediction Net which takes many inputs: 3 primary inputs and any number of lags of those primary inputs. LagPredict4 - Prediction Net which takes many inputs: 4 primary inputs and any number of lags of those primary inputs. Classify2 - Classifier Net which takes 2 inputs Classify3 - Classifier Net which takes 3 inputs Classify4 - Classifier Net which takes 4 inputs Classify5 - Classifier Net which takes 5 inputs Classify6 - Classifier Net which takes 6 inputs LagClassify1 - Classifier Net which takes many inputs: 1 primary input and any number of lags of that primary input. LagClassify2 - Classifier Net which takes many inputs: 2 primary inputs and any number of lags of those primary inputs. LagClassify3 - Classifier Net which takes many inputs: 3 primary inputs and any number of lags of those primary inputs. LagClassify4 - Classifier Net which takes many inputs: 4 primary inputs and any number of lags of those primary inputs. Adaptive TurboProp2 Many of our customers have asked for a version of our famous TurboProp2 that retrains itself as often as every bar. Well here it is, formulated as an indicator Just insert it into your chart or trading strategy just like any other indicator. Never has a neural net been easier to use, yet so powerful Adaptive TurboProp2 (AT2) is the same basic neural network algorithm that is used in the NeuroShell Trader, Trader Professional, and NeuroShell DayTrader Professional Prediction Wizard. However, AT2 can retrain itself as frequently as every new bar or after a number of bars which you can specify. The training set is always the most recent bars. AT2 does not make predictions on the training set bars, and its predictions are always out of sample (exception: when you specify that you are predicting zero bars ahead). Therefore, there are no walk forward periods to worry about, since the net is essentially walking forward each day (or each bar in the case of the NeuroShell DayTrader Pro). An AT2 net may be used as an indicator, as an input to a regular TurboProp2 net in the Prediction Wizard, or it may be used directly in a Trading Strategy. The output is a signal, meaning that the prediction is shown on the current bar, even if it is a prediction for 10 bars from now. AT2 doesnt require the optimizer in the Professional versions of the Trader because the parameters are so easy to set. However, when used with the NeuroShell Trader Professional or NeuroShell DayTrader Professional, you can optimize the following parameters: 1. trainbars - the training set size (number of recent bars on which to build the model), up to a maximum of 10,000. 2. aheadbars - the lookahead period (the number of bars into the future the prediction is to be made), i. e. the number of bars ahead that the actual signal is predicted. Be careful not to allow 0 in the range, because then you are predicting the current bar, not the future. 3. actual - the parameters of any indicator used as an output. 4. hiddens - the number of hidden neurons to use when making a network (Turboprop2 in the prediction wizard automatically decides how many to use, but AT2 lets you or the optimizer decide). You can use up to a maximum of 20 hidden neurons, more than enough for this adaptive version. 5. retrain - this parameter specifies in bars how often the net is trained. If retrain 1, a new net is created for each new bar encountered. If retrain 10, the net is retrained every 10 bars. 6. input1, input2, etc. - these parameters are the network inputs. You can optimize all parameters of indicators used as these inputs. Available Configurations AT2 nets allow 2 to 14 inputs. The names of the indicators are correspondingly Tprop2, Tprop3, , Tprop14. Adaptive TurboProp2 requires release 3.2 or better of the NeuroShell Trader, NeuroShell Trader Professional, or NeuroShell DayTrader Professional. Advanced Indicator Set 1 The NeuroShell Traderreg Professional has around 800 technical indicators. However, that didnt stop our users from wanting more They sent us requests for more indicators, some of which were simple to build, and some of which required a great deal of research. So we built another add-on called the Advanced Indicator Set 1 with these requested indicators. These are not part of the NeuroShell Traderreg, NeuroShell Traderreg Professional, or NeuroShellreg DayTrader Professional, but you can buy them as an optional add-on if you want them. They require release 3.0 or above of the NeuroShell Traderreg, NeuroShell Traderreg Professional, or NeuroShellreg DayTrader Professional. Aroon Down Aroon Up Aroon Oscillator Chaikin AccumulationDistribution Oscillator Hodrick-Prescott Filter (untradable) Hodrick-Prescott Window Keltner Channels True Range Vidya Volume Adjusted Moving Average (VAMA) (untradable) ZigZag (untradable) CHAOS AND FRACTAL INDICATORS Choppiness Index Polarized Fractal Efficiency Hurst Exponent Hurst Significance Fractal Dimension Polynomial Regression Polynomial Predict Moons Illuminated Fraction New Moon Moons First Quarter Full Moon Moons Last Quarter First Monday of the Month Flag First business day of the Month Flag Last business day of the Month Flag Number of days since High occurred Number of days since Low occurred Week of the Month Week of the Year Advanced Indicator Set 2 The NeuroShell Traderreg Professional has around 800 technical indicators. However, that didnt stop our users from wanting more They sent us requests for more indicators, some of which were simple to build, and some of which required a great deal of research. So we built another add-on called the Advanced Indicator Set 1 with these requested indicators. These are not part of the NeuroShell Traderreg, NeuroShell Traderreg Professional, or NeuroShellreg DayTrader Professional, but you can buy them as an optional add-on if you want them. They require release 3.0 or above of the NeuroShell Traderreg, NeuroShell Traderreg Professional, or NeuroShellreg DayTrader Professional. J. Welles Wilders Indicators Accumulation Swing Index Directional Movement Index MinusDI MinusDM Parabolic SAR signal Parabolic SAR value PlusDI PlusDM Swing Index Redundant Haar Wavelets Redundant Haar Wavelet Coefficient Redundant Haar Wavelet Smoothed Curve Center Of Gravity Index Center Of Gravity Oscillator Median Price Median Value Random Walk Index of Highs Random Walk Index of Lows RAVI Retrace Buy Retrace Sell Stochastic RSI Oscillator Variable Length Moving Average Volatility Breakout High Volatility Breakout Low Marc Chaikins Indicators AccumulationDistribution Oscillator Chaikin Money Flow Persistency Chaikin Volume Accumulation Percent Flag2 Flag3 Flag4 Flag5 Flag1 toggle with reset condition Flag2 toggle with reset condition Flag3 toggle with reset condition Flag4 toggle with reset condition Flag2 with reset condition Flag3 with reset condition Flag4 with reset condition Flag5 with reset condition BarCondition Count Indicators Bar Count Since Condition Bar Count Of Time Series Condition Count Advanced Indicator Set 3 Advanced Indicator Set 3 is an eclectic set of indicators that expand NeuroShell Traders ability to find a value between two separate conditions or since the occurrence of a single condition. The Find and Count indicators are designed to answer traders questions about data such as what is the max value of the close in the time between a Bollinger Band High Breakout and a Bollinger Band Low Breakout or count the number of times the percent change in close was greater than x percent from February 1 to May 31. In addition, Set 3 adds the power to remember or toggle values off and on based on conditions. The Remember and Toggle indicators may be used to create complex Predictions and Trading Strategies. These functions complement the NeuroShell Traders emphasis on building indicators with a wizard rather than requiring the user to be a programmer. The result is a significant speed increase in building and testing trading systems. Advanced Indicator Set 3 also includes indicators specifically designed for pair trading. The PairEntry and PairExit set lets you build traditional market neutral systems that simultaneously buy and sell a pair of instruments that follow one another and frequently cross prices. When those pairs are hard to find, the ProxyEntry and ProxyExit indicators expand possibilities for pair trading by using the NeuroShell Traders neural nets to create cointegrated pairs. Rounding out this diverse mix are two indicators that compute the correct sun time and distance to the moon. Overview of Indicators The following descriptions of the Advanced Indicator Set 3 indicators are abbreviated. There are more comprehensive descriptions in the help file. Conditional Indicators The task oriented indicators in Set 3 such as Find, Count, Remember, and Toggle require the use of conditional indicators. The NeuroShell Trader includes many conditional indicators such as rules, Boolean, relational, crossovers, candlesticks, etc. Advanced Indicator Set 3 expands those choices with the following indicators: FollowedBy - returns a 1 for true when a Condition1 is followed by a Condition2. Other times it returns a zero. TimeIs - specifies a time as a condition for another indicator. DateIs - specifies a date as a condition. Peak - specifies the highest value within a certain number of bars. Valley - looks for the lowest value within a certain number of bars. BarNumber - returns a 1 when the specified bar number appears in a chart. The first bar in the chart is numbered 1, the second bar is numbered 2, etc. Find Indicators Find - calculates values such as count, point change, percent point change, max, min, sum, average, standard deviation, variance, median, regression slope, number of advancing bars, number of declining bars, max advance, and max decline based on two conditions occurring in a data stream. FindInclusive does the same as the Find indicator but includes the bars on which the conditions are true. FindSince and FindSinceInclusive - find similar values from the time Condition1 occurs until the end of the chart. Count Indicators Count - calculates a running total of the number of times a specified condition occurs in between a start condition and an end condition. CountInclusive same as the Count indicator but includes the bars on which the conditions are true. CountSince and CountSinceInclusive - these indicators begin their running total with the occurrence of Condition1, but Condition2 is replaced by the current bar. Remember - outputs a time series value based on a condition you specify. For example, the Remember indicator would output the value of the high (the time series) when the 9 period moving average crosses above the 13 period moving average (the condition). The output value would remain the same until the condition is met once again, at which time the current high would become the output. Remember2, Remember3, and Remember4 - output a different value depending upon which of several conditions is activated. The Remember indicators may be used as variable inputs to other indicators, Predictions or Trading Strategies. The conditions are truefalse indicators or any indicator that produces a value of either 0 or a non-zero value. Toggle - signifies the presence or absence of conditions you specify. The Toggle indicators may also be used to remove certain data when training a neural net, e. g. only train a net on bars between 1 p. m. and 4 p. m. The Toggle indicators output 0, 1, or a missing value based on the settings for the What parameter. ToggleInclusive same as Toggle but includes but includes the bars on which the conditions are true. ToggleSince and ToggleSinceInclusive - these indicators begin their running total with the occurrence of Condition1, but Condition2 is replaced by the current bar. Pair Trading PairEntry - compares the value of the close, which is different for each of the two chart pages, to the value of Price1 (the first stock) and Price2 (the second stock) and determines which stock goes long and which stock goes short. The values of Price1 and Price2 are also used to compute the spread between stocks in order to determine an entry point for the trade. PairExit - determines the exit conditions for trades entered with the PairEntry indicator. The PairExit indicator includes the StopSpread parameter that can be set as an emergency exit for both stocks. ProxyEntry similar to PairEntry but uses a neural net prediction to create proxy pairs by using one stock to predict the price of another. Uses the spread between the actual and predicted prices to pair trade the predicted stock and the one used as an input to the net. ProxyExit - determines the exit conditions for trades entered with the ProxyEntry indicator. The ProxyExit indicator includes the StopSpread parameter that can be set as an emergency exit for both stocks. Sun and Moon EquationofTime - returns the difference between solar time (as measured by a sundial) and mean clock time. MoonDistance - outputs the distance between the center of the Earth and the center of the Moon expressed in kilometers. Cluster Indicators The Cluster Indicators, like some of the other add-ons from Ward Systems Group, are based on how the human brain might classify the market. However, this NeuroShell Traderreg add-on isnt even a neural network (although neural net enthusiasts will see this as a Kohonen Self Organizing Map, trained by genetic algorithm) Think about this. Suppose you have two good inputs. Now suppose you made a scatter plot of a bunch of recent bars worth of these inputs. (For the math minded, all recent bars are plotted with one input on the Y axis and the other on the X axis.) Now suppose the inputs are good, as defined by the fact that their patterns foretell an uptrend or a downtrend in the price. Then wouldnt the bars that precede an uptrend look somewhat similar, at least after they were normalized Wouldnt those that precede a downtrend look similar too In other words, wouldnt the buy bars cluster together and the sell bars cluster together The graph displays long entry and short entry clusters for a Cluster Indicator based on the MACD and CCI indicators as inputs. Our new Cluster Indicators tell you how far the current bar is from the cluster center of the recent buy bars or sell bars. You can use a Cluster indicator as a buy rule, buying when the current bar is close to the cluster center of recent buy bars. Sell when the current bar is close to the sell cluster center. The genetic algorithm optimizer in the Trader Pro or DayTrader Pro finds the cluster centers that optimize the profit. The Cluster indicators also make dynamite inputs to a neural network. (For the neural net enthusiasts, this creates a paradigm much like the popular classic Radial Basis Function neural nets, except in the Trader Pro, your clusters dont have to all be based on the same inputs, and in fact can be optimized There was also a paradigm called Counter-propagation that was similar to feeding our Cluster indicators into a neural net.) Now expand the concept to as many as 16 inputs. Those cant be plotted because youd need a 16 dimensional scatter plot. But you can still measure how close the current bar is to a 16 dimensional cluster center There are 16 Cluster Indicators. Lets carry the concept a little further. Suppose some of the inputs are less effective than others in determining whether there is a buy or sell situation. You wouldnt want to consider these inputs as much when determining clusters and closeness. No problem, we have 8 Cluster contribution indicators, each of which has contribution factors which reduce or increase the impact of an indicator. You can set these contribution factors yourself or you can let the genetic algorithm do it for you. Either way, you now have a more powerful clustering indicator. Cluster Indicators require release 3.2 or better of the NeuroShell Trader Professional or NeuroShell DayTrader Professional. Fuzzy Pattern Recognizer How many times have you wished you could just let your software scan a price series and let you know when it has found a particular pattern that you like You have in your mind a special pattern of moves that you believe could precede a strong change in the market, but youd like the software to just monitor the incoming bars looking for your pattern. Well now you can do just that with the Fuzzy Pattern Recognizer add-on for the NeuroShell Trader series And you can do it using fuzzy logic Fuzzy logic was invented by Lofti Zadeh, and written about extensively in books by Bart Kosko. Fuzzy logic has been used successfully in machines and software around the world, even in smart household appliances. Now you can add this smart control to your trading, and it is easy to use because weve done the hard work for you The Fuzzy Pattern Recognizer is a fuzzy logic engine which lets you describe your pattern in fuzzy rules (approximate rules of thumb). It is really a series of indicators that show you, on a scale of 0 to 1, how closely the current price series matches your pattern. Turn on an alert in the DayTrader Professional and the Fuzzy Pattern Recognizer will scan your incoming bars looking for all of your favorite patterns. The alert will sound when the match is above .6. 8, or any value you select. Fuzzy rules are rules that are general in nature, not exactly specified. We describe price or indicator curves with the following fuzzy (verb) rules: Here are some example rules written in English which can be specified in the Fuzzy Pattern Recognizer add-on: The close rises sharply, then stays steady, then rises sharply again. The RSI rises, then drops, then rises, then rises sharply. The high remains steady, then drops, then rises, then remains steady, then drops, then drops sharply, then remains steady. The close drops sharply. Here are some additional highlights of the Fuzzy Pattern Recognizer: If you dont have any favorite patterns, you can let the genetic algorithm find them for you if you own the NeuroShell Trader Professional, or DayTrader Professional. You can specify that you want to look for two or more patterns, and then use the Fuzzy OR indicator to specify that any of your patterns are acceptable. You can specify that you want to look for two or more patterns, and then use the Fuzzy AND indicator to specify that all of your patterns must be present. Fuzzy OR and Fuzzy AND indicators can be combined for complex searches. As you can see from the example rules, patterns can be found not only in a price stream, but in most indicators such as stochastics, moving averages, etc. as well. You specify the number of bars in which a fuzzy verb such as rises applies. In other words, you determine that rises means over a duration of, say 10 minutes or ten days. You can also set the maximum expected variation, i. e. what you consider the maximum sharp rise to be. In that way, you can specify fuzzy rules, and then later apply those same rules to less or more volatile issues without recoding the indicator. All you have to do is reset the maximum expected variation. Although one use for Fuzzy Pattern Recognizer indicators is in Trading Strategy rules (conditions), you can also feed them into neural nets or other indicators. There are 8 fuzzy (verb) rule indicators in the add-on, Fuzzy1, Fuzzy2. Fuzzy8. Fuzzy1 handles 1 segment rules such as close rises or open drops sharply. Fuzzy2 handles 2 segment rules such as close rises, then drops sharply. Fuzzy3 is for 3 segment rules such as open rises, then drops, then remains steady, etc. Example of the Fuzzy2 indicator output (bar chart at the bottom). The search rule is Close rises, then drops, Segment Size8 bars, and Max Change7. There are 3 FuzzyOR rules and 3 FuzzyAND rules: FuzzyOR2, FuzzyOR3, FuzzyOR4, FuzzyAND2, FuzzyAND3, FuzzyAND4. As previously mentioned, these combine rules. For example, suppose you are looking for either a pattern that rises sharply then drops sharply, or a pattern that rises sharply, then remains steady, and then drops sharply. Then you would use a FuzzyOR2 indicator which takes as arguments a Fuzzy2 indicator and a Fuzzy3 indicator, each specifying their respective rules. FuzzyOR and FuzzyAND indicators may take other FuzzyOR and FuzzyAND indicators as arguments, as long as the lowest level indicators are rule indicators such as Fuzzy2. There are also 8 FuzzyGA indicators, which allow the genetic optimizer to tune the fuzzy logic engine better. We believe that Fuzzy Pattern Recognizer indicators open a whole new world of possibilities in trading with artificial intelligence. We think it will be our most popular add-on yet The Fuzzy Pattern Recognizer add-on requires release 3.2 or better of the NeuroShell Trader, NeuroShell Trader Professional, or NeuroShell DayTrader Professional. If you do not own one of the Pro versions, you can still use the Fuzzy Pattern Recognizer add-on to find patterns, but you will not be able to optimize the Fuzzy indicators. Fuzzy Sets Youve asked for it, and now it is here: the Fuzzy Sets add-on for NeuroShell Trader Professional and DayTrader Professional. Fuzzy logic was invented by L. A. Zadeh and further popularized by Bart Kosko. Fuzzy logic is not some theoretical idea that has yet to catch on. By 1990 the Japanese had over 100 real fuzzy control applications and products. The city of Sendai in Japan has controlled its subway with fuzzy logic since 1988. General Motors highly successful Saturn applies fuzzy logic for automatic transmission shift control. Duke University engineers have shown that intentionally imprecise rules of thinking can help hotel computers sell the right room to the right customer at the right time, thus boosting income. Ward Systems Group introduced what we believe was the first commercial trading software to allow users to describe price movements with fuzzy logic statements (the Fuzzy Pattern Recognizer add-on). A user could essentially give NeuroShell instructions such as: Find patterns where the price rose, then dropped, then dropped sharply, then rose sharply. The new Fuzzy Sets add-on is somewhat different in that it allows users to describe a combination of values of traditional indicators with fuzzy logic. With Fuzzy Sets the user can instruct NeuroShell with functions equivalent to fuzzy statements like: Buy when the Stochastic K indicator is very high, and the Commodity Channel Index is high, and the spread between two moving averages is low. Contrast that with the typical trading utilization of an indicator is to make decisions based upon rules like whether that indicator (lets say the Stochastic K) is above or below some threshold. For example: Buy when the STOCHK 70 and sell when the STOCHK 0) or dont buy ( B indicator. Generalization These nets generalize very well, meaning they do not have a strong tendency to overfit or curvefit like backpropagation neural nets do. Neural Indicators require the NeuroShell Trader Professional or NeuroShell DayTrader Professional, release 3.2 or better. Pattern Matcher The Pattern Matcher add-on grew out of many requests by users who wanted to know if patterns in their data streams had occurred before in history, and if so, what type of activity followed those historical patterns. Some users also wanted to identify a pattern in history and be alerted when a similar pattern occurs in the future. The Pattern Matcher add-on meets both needs by providing indicators that match patterns and revealing the subsequent activity. Pattern Matcher indicators work on any data stream in the NeuroShell Trader, Trader Professional, or DayTrader Professional. The Pattern Matcher can find patterns in raw price data streams or indicators made from raw data streams. It is often advantageous to match patterns in indicators applied to prices rather than to the prices themselves, as you will see in a subsequent section of this document. The Pattern Matcher is unlike any of our other add-ons in that it is not designed for use in either a neural network or a trading strategy to make buysell decisions. It is intended that the user treat the Pattern Matcher as an intellectual tool to provide input to ones own biological neural networks for discretionary trading, or as confirmation of other signals you may be obtaining in other ways. So what does this mean It means that the Pattern Matcher is designed to provide answers to the questions that have plagued technical analysts since long before computers were born: Has the current pattern that we see in the most recent bars occurred in the past If so how many times, and how closely do those past patterns match the current one If there were a number of closely matching patterns in the past, what type of market moves did they precede on average You will be making your own subjective decisions about whether or how to trade based on the information the Pattern Matcher is showing you. These subjective judgments will be based on your own study and experience watching similar patterns, and based upon your decisions about what data streams in which to watch for patterns. Price streams (like open, high, low, close, and volume) may not be the proper data streams to be monitoring for patterns. Indicator data streams, in our experience, seem to provide a more reproducible pattern source. At Ward Systems, we have used the Pattern Matcher in the way just described. We have found that there is less value in trying to feed Pattern Matcher input into either neural nets or rules. We believe the tool is a powerful resource which will help you even the playing field, so to speak, as you compete with professional traders who have years of experience recognizing and reacting to patterns in the markets. They rely on their memories and intuition - you now have an analytic tool to bring to odds of success more in your favor. Furthermore, you should not assume that past patterns are an indicator of future performance. The pattern matcher may very well be a powerful tool for the contrarian trader too. The markets are quite capable of reversing what usually happens after recurring patterns. If this were not true, it would be easy to predict and make money in the markets, and we all know that it isnt easy. Overview of Indicators The following descriptions of Pattern Matcher Indicators are abbreviated. There are more comprehensive descriptions in the help file. Match - The Match indicator takes a very recent pattern on the chart and displays the probability that other patterns in history on the chart match that current pattern. MatchPast - The MatchPast indicator takes a designated pattern on the chart and displays the probability that other patterns in both history and future on the chart match that designated pattern. ProjectAvg - The Project Average indicator returns the average of all projections (leads) of the projection series for all pattern matches that are greater than the indicated projection threshold. ProjectMin - The Project Average indicator returns the minimum of all projections (leads) of the projection series for all pattern matches that are greater than the indicated projection threshold. ProjectMax - The Project Average indicator returns the maximum of all projections (leads) of the projection series for all pattern matches that are greater than the indicated projection threshold. ProjectStndDev - The Project Standard Deviation indicator returns the standard deviation of all projections (leads) of the projection series for all pattern matches that are greater than the indicated projection threshold. ProjectRange - The Project Range indicator returns the range of all projections (leads) of the projection series for all pattern matches that are greater than the indicated projection threshold. ProjectUpperB - The Project Upper Band indicator returns the upper envelope of all projections (leads) of the projection series for all pattern matches that are greater than the indicated projection threshold. ProjectLowerB - The Project Lower Band indicator returns the lower envelope of all projections (leads) of the projection series for all pattern matches that are greater than the indicated projection threshold. ProjectCount - Given a projection threshold, the Project Count indicator returns the total number of matches between the current pattern and patterns in history. ProjectPercent - Given a projection threshold, the Project Percent indicator returns the percentage of total number of matches between the current pattern and patterns in history. Turning Points The Turning Points add-on for the NeuroShell Trader series is based on the concept of finding local peaks and valleys in a price series. A turning point (TP) peak is defined as the point where the high is higher than or equal to any other highs in the neighborhood of the point. A turning point valley is defined as the point where the low is lower than or equal to any other lows in the neighborhood of the point. The above definitions are illustrated by an example graph below. The add-on contains indicators that do all of the following with respect to these turning points: Plot straight lines from one turning point to the next Plot support and resistance lines horizontally from the peaks and valleys Compute an oscillator which shows how the current close compares to a number of previous support or resistance levels Plot horizontal Fibonacci retracement lines calculated from peak to valley or valley to peak segments Compute statistical measures (mean, median, and standard deviation) of the price differences, time differences, and slope differences between turning points in a user-defined window Provide the probability that the current price level is at a new turning point based upon either of two of the computed statistical measures We are especially fond of the probability indicators above, because many issues exhibit repeating cyclic tendencies which can be captured with this technique. Of course, news and other factors can affect normal cyclic tendencies, and not every signal generated will be correct. However, there is plenty of capability in this add-on to build trading strategies that even we havent thought of yet. Following is a complete list of the indicators in the Turning Points add-on: Turning Point Plot Indicator Tpplot Individual Turning Point Measure Indicators TPbars TPchange TPpercent TPslope Turning Point Probability Indicators Peak probability ( change) Valley probability ( change) Peak probability (bars) Valley probability (bars) Mean Indicators PVmeanbars VPmeanbars PVmeanchange VPmeanchange PVmeanpercent VPmeanpercent PVmeanslope VPmeanslope Standard Deviation Indicators PVsdbars VPsdbars PVsdchange VPsdchange PVsdpercent VPsdpercent PVsdslope Vpsdslope Median Indicators PVmedianbars VPmedianbars PVmedianchange VPmedianchange Pvmedianpercent VPmedianpercent PVmedianslope Vpmedianslope Support and ResistanceSupport Level Support Level Resistance Level Support Oscillator Resistance Oscillator Fibonacci Retracements The Turning Points add-on requires the NeuroShell Trader, NeuroShell Trader Professional, or NeuroShell DayTrader Professional, release 3.8 or better.