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Trading System Features |
| Name of trading system: WaveRider
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| Price of product: $995
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Brief description of trading system:
The WaveRider system is so named because it catches the very longest and broadest waves in the market. The WaveRider trading system is a reversal system in that a trader generally reverses from long to short and vice-versa. The only exceptions are if a money management stop is hit subsequent to entry or if a profit retention stop is hit during the course of a move. In this event the position is exited and the trader awaits a new signal to enter in the same or opposite direction. The WaveRider system is viewed in its most simple form as an adaptive price channel breakout system with a profit retention-based and a money management stop. It uses the same completely nonoptimized system parameters and either weekly or monthly data to trade across all commodity groups. The system comes with either Windows standalone software or TradeStation add-in programs. The complete track record and detailed information can be viewed by by visiting www.longtermtrading.com.
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| This trading system is: Disclosed
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This system includes the following features:
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| Back testing allowed: Yes
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Built-in indicators are available:
| Modify built-in indicators
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System development and testing
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System performance reports
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System signals plotted on charts
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| System tracking
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Testing of money management strategies
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Testing of portfolio risk & return
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User-defined indicators
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| A user can adjust the parameters for the indicators listed above: Yes
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| Can user write custom system/indicator/function without using the pre-packaged systems/indicators/functions?: No
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| The trading system is: A stand alone application.
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| Additional application required (if needed, eg. Excel, TradeStation, MetaStock): Windows Standalone Software or TradeStation Add-In
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Support
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Types of customer support offered:
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| Consultants are available with experience programming this system: Yes
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Data and Markets Followed
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Types of data feeds this trading system accepts:
| CSI
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Genesis Finacial Data
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Pinnacle Data
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Tick Data
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| Tradestation
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ASCII
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This system is limited to these markets:
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Reporting capabilities:
| Draw down
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Profit/loss
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Return percentage
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Number of trades
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| Consecutive winning/losing trades
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Uses TradeStation report outputs
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Trade by trade listing
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Graphic display of trades
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Optimization
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| Able to optimize the systems used or created: Yes
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Special Features
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Best features of this trading system package:
Completely NonOptimized, Long Term, High Profit/Drawdown Ratio and Profit Factors, Extensively Backtested on Standardized Portfolio with full disclosure of all results.
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This product is ahead of competing products for these reasons:
Completely NonOptimized, Long Term, High Profit/Drawdown Ratio and Profit Factors, Extensively Backtested on Standardized Portfolio with full disclosure of all results.
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These upgrades are planned for this software package:
N/A
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| Studies have been done on the performance of this trading system in the newsletter Futures Truth: Yes
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Validation
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| Money back guarantee on this system: Yes
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Performance tracking methods offered:
TradeStation Analysis and Custom Money Management Software
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| Money management strategies and procedures included with your system: Yes
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Additional Information
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The following are included in this system:
| Completely mechanical rules and methodologies
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