Every day the ranking of securities or indexes changes as various stocks, sectors, sub-sectors and industry groups see money flowing into them from other groups. This video shows how to see that rotation in EdgeRater.
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Every day the ranking of securities or indexes changes as various stocks, sectors, sub-sectors and industry groups see money flowing into them from other groups. This video shows how to see that rotation in EdgeRater.
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I received an email today which I would like to answer in a blog post as I think it will be helpful to all:
“Is there a simple way to add a chart of VIX overlaying %B*BW of VIX? it would be nice if it was automated in the program.”
This is easy to achieve in EdgeRater given the two new indicators ‘Woody’ and ‘WoodyForVix’. All you need to do in this particular case is set up a chart layout which has WoodyForVix as an overlay – here’s what that will look like:
Once this layout has been created and saved then it can easily be recalled for later use. That is the key to viewing this chart in conjunction with the new Excel Report “VIX Analysis Template”.
After the report is generated you can just double click in any cell in the C, D, E or G columns to show the chart with the date that was clicked on highlighted. You can also use the keyboard arrow keys to scroll through the Excel document and the chart will be updated instantly to reflect the new date row being highlighted:
Here’s the resulting chart highlighted with the annotation ‘Edge Event’ which points to the date for the row clicked on.
That’s it – give it a try.
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Before the newest release of HGSI (version 8), HGSI accessed its data from Quotes Plus. Subscribers to HGSI therefore had a local Quotes Plus database installed and available on their hard drive. Other stock trading applications were able to read the Quotes Plus database by virtue of the public API (Application programming Interface) which was part of the Quotes Plus installation. There was a data connection also from EdgeRater to Quotes Plus called the Quotes Plus data provider. This allowed every EdgeRater user who was also an HGSI user to utilize their locally installed stock price database.
Having a stock price database installed on your local hard drive means that you no longer have to make slow internet requests to retrieve data. It’s a great solution when you are doing a lot of stock chart analysis because you can quickly flick through hundreds of charts without the dreaded internet wait.
The problem with Quotes Plus was that the data required a lot of cleaning and it wasn’t always done in a timely manner, resulting in frustration for Quotes Plus users.
When HGSI version 8 was released late last year it no longer used Quotes Plus and instead provided its own data in order to ensure quality and reliability. HGSI v8 users still have a locally installed database but it doesn’t have an API built around it and is therefore not directly useable by other applications. The solution for this is to use the built in HGSI function of exporting the data to the widely recognized MetaStock format and then using the MetaStock functions in the other trading applications to read that data.
While this is a recognized way to achieve the data transfer it takes a little longer to set up and also extends the data update time each evening because it has to update the MetaStock files in addition to the local database. Also on a regular basis users have to do a complete re-export to MetaStock to account for any additions or deletions to the set of symbols.
EdgeRater v5 now has an HGSI data provider which allows access to the stock price data without having to go through a MetaStock export/Import. All users of EdgeRater and HGSI can now choose to set the default data provider in EdgeRater to ‘HGSI’. Having done that the HGSI MetaStock update process can be removed to save time during an update.
This provider is available from version 5.1.116.0 onwards.
Users will only see the HGSI data provider if they have HGSI installed on their machine. To get a free trial of HGSI please visit High Growth Stock Investor.
Chris White
CEO, EdgeRater LLC
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A growing number of EdgeRater users have started reporting that after an EdgeRater program update, Norton Sonar removes the program and it no longer runs on their computer because of this.
The first reports started coming in late last year and it seemed that with every update, more and more users were reporting the problem. Yesterday I finally was able to get to the bottom of this and discover the reason and solution, read on…
This problem only reproduces on Windows XP machines with Norton Sonar running and only when an EdgeRater program update is issued, not during the initial installation. It does not reproduce on Windows 7 so if you are running Windows 7 you will not have this issue.
EdgeRater uses a deployment technology from Microsoft called “Click-Once deployment” which is an ideal solution for this frequently updated trading tool because it allows updates to be released very quickly and easily. Click-once is relatively new and has not been widely adopted by software companies at this time and hence Norton Sonar is not aware of how this type of update is delivered and flags the update as suspicious regardless of what is in the update.
The nitty-gritty reason behind the problem is that Click-Once updates are run under a Windows service called dfsvc.exe, which creates a sibling folder of the initial program installation and delivers the updated executable to that folder. To Norton Sonar this is the typical pattern of a malicious program – an initial executable (dfsvc.exe) is spawning a new executable (updated_program.exe). The default behavior of Norton Sonar under this condition is to quarantine the spawned executable.
The first thing to do is not to panic! All EdgeRater updates are guaranteed to come from us. They are signed with a special code-signing certificate which ensures they have not been tampered with. In fact, click-once technology is built around this type of trust relationship and will not allow tampered programs to be installed or updated on your computer.
The second thing to do is to restore the quarantined program using Norton, here’s how:
Norton will always report that there are Very Few Users because the file is an updated file that has just been released. Norton will also always report that the file is ‘Very New’ for that same reason.
Perhaps Norton will one day recognize click-once deployed updates and allow them to go through, they could even check the code-signing certificate to make sure it is from the correct publisher but this is not at all necessary because click-once does all of this checking anyway. We have contacted Norton to try to get EdgeRater added to their white-list but this process appears to take a while. For now the best workaround to avoid removal by Norton for future EdgeRater updates is to add the program in question (in this case edgerater.exe, or for ETF Trading Bandit it would be etffinder.exe) to the exclusions list in Norton Sonar, here’s how:
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Hello and a Happy New Year to everyone!
Regular visitors to this site may have noticed that the blog hasn’t been updated in a while and it is entirely my fault!
The Reason?
I have been feverishly working away on the development of EdgeRater PRO v5.0 and it seems to have taken all of my attention.
The Solution?
Well – EdgeRater PRO 5.0 is now finally finished in development and can be downloaded today. There are a ton of great new features and easier ways of accomplishing tasks. A lot of thought and testing has gone into this version and I’m sure that everyone will appreciate the ease-of-use and features that are now available.
Check out the videos section of this site to get a glimpse of some of these new features and then log-in (existing users) or create a free registration and log-in (new users) to find the download location.
Enjoy!
Chris White
CEO, EdgeRater LLC
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Once video is playing, click on the 360p button and select 720p for HD viewing (can also view full-screen)
Yesterday’s 240 point drop in the DOW has lit up the board for signals in the 7 high probability ETF Trading strategies. This video takes a look at those signals and how today’s market action is affecting them.
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Today’s significant market move has triggered the last remaining open trades in the 20 Connors ETFs to close for a nice profit.
There are no open positions remaining as the XLI, XHB and XLF positions are closed today.
Here’s a view of those three trades:
Trades found using ETF Trading Bandit
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As of the market close on Friday 25th 2011, the following PDF shows the signals that were generated for the 20 ETFs contained in the top 10 trading book High Probability ETF Trading by Larry Connors and Cesar Alvarez.
High ProbabilityTrades – Feb 25th 2011
This report was generated using the ETF Trading Bandit
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The end of day data on Friday signaled an exit in the EWT trade that was entered a week ago for the RSI 25 long strategy.
This video shows a chart of the trade and how it worked out. The trade was taken ‘next bar on open’, and the video shows the difference between next bar on open and same bar on close.
The trade signals were found using the free trial version of the ETF Trading Bandit.
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I just published a report on using the strategies contained in the trading book ‘High Probability ETF Trading’ by Larry Connors and Cesar Alvarez. My report examines the most recent 2 years of trading results (2009-2010) for all the strategies and compares trading ‘Next day at open’ to ‘Same day at close’ after a signal has been generated. This is the time period immediately after the publication of the book and so provides a great ‘out-of-sample’ set of test data.
The report breaks down every strategy and shows number of trades, % win, Average %Gain and average hold period. It includes both the Basic and Aggressive versions of each strategy including the TPS strategy with up to 4 scale-in points.
You can find the complete report here:
High Probability ETF Strategy Report
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