Trading System Features |
Name of trading system: Practical Day Trading System
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Price of product: $5000
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Brief description of trading system:
The practical day trading system uses a proprietary system that uses price price and the strength or weakness of an equity against an index to determine entry/exit signals. The system provides for a high degree of configuration including risk tolerance and allows the user to choose which equities to trade.
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This trading system is: Proprietary
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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:
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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?: Yes
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The trading system is: Software that works within another application
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Additional application required (if needed, eg. Excel, TradeStation, MetaStock): Tradestation
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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:
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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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Optimized parameter suggestions
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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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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:
The system does well in all market types (bear, bull or flat) as it identifies real movement and avoids entries in relatively flat periods.
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This product is ahead of competing products for these reasons:
The practical day trading system identifies the true strength of an equity and decides when to trade based on real price movement. The system takes advantage of the trend and allows for profits to be maximized by avoiding trade exits during "wiggles". It also provides for a high degree of configuration based on equities, risk tolerance and timeframe the trader likes t otrade in.
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These upgrades are planned for this software package:
We will continue to enhance the product to improve entry/exit signals while allowing the trader a high degree of configuration bility.
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Studies have been done on the performance of this trading system in the newsletter Futures Truth: No
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Validation
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Money back guarantee on this system: No
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Performance tracking methods offered:
Uses tradestation platform and provides for complete backtesting of a equity.
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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:
Real-time data analysis
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Completely mechanical rules and methodologies
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Multiple issue monitoring
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Real-time charting
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