Greetings
from NeuroDimension!
The World Leader in Neural Network Software
This issue of the TradingSolutions
newsletter highlights some tricks of the trade for writing custom entry/exit
systems, as well as other information for users of TradingSolutions.
In this issue you’ll find:
What’s New
and News?
* NeuroDimension Back-to-School Sale!
* TASC Readers’ Choice Ballots
Mailed
* Get Free Advice and $15 Off!
* Entry/Exit Systems
Products
and Events of Interest
* TASC Traders’ Tips in Solution Library
* Neural 101 Website
Note: You are
receiving this newsletter because you requested to stay informed concerning
information about TradingSolutions from NeuroDimension. If you would like to
stop receiving these newsletters, please see the bottom of this newsletter for
removal instructions.
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Summer is almost over and NeuroDimension is excited to offer
a special back-to-school sale! For a limited time, you can save 15%
off the purchase of all NeuroDimension products. Come back to school and
let TradingSolutions teach you how to be a more profitable trader. But hurry,
this offer ends August 31st, 2001.
Take advantage of this special offer by using offer code 1831.
You can place your order today using our online order entry system at http://www.nd.com/order.htm
Note: This offer cannot be used in conjunction with any
other special offer.
"I thought that you would like to know that even
though I also use four of the other programs listed in the S&C AI category,
and find all of them to be useful, I am voting TradingSolutions number one this
year."
- Richard Arvedon
The annual Technical Analysis of Stocks and Commodities
readers’ choice ballots have been mailed to the subscribers of that magazine.
You can find TradingSolutions located in the “Software –
A.I.” category of the ballot.
If you too have found
TradingSolutions to be your most valuable A.I. trading tool, we would love to
have your vote. If for some reason this is not the case, please drop us a line
to let us know why. We are constantly
improving TradingSolutions and we welcome your comments on how to make
TradingSolutions number one in your eyes.
Even if you don’t receive Technical
Analysis of Stocks and Commodities, we would still love to hear from you! We
are always interested in hearing what people think of our products and how we
can improve them.
Send your comments to: comments@tradingsolutions.com
And if you are voting for TradingSolutions this year like
Richard, feel free to tell us that, too!
The TradingSolutions Financial Bookstore has thousands of
books and materials to help you become a more informed trader – all at discount
prices! From now through August 15th, we’re offering two products
FREE with every order from the bookstore:
* Larry McMillan’s Predictive Power of
Options audio tape ($19.95 value)
* The best-selling book Electronic Day
Trading 101 (reg. $29.95)
Plus, receive $15.00 off any bookstore order over
$69!
To take advantage of this special
offer, visit the TradingSolutions Financial Bookstore from our web site, or use
the link below.
In addition to these terrific items, we also offer the
lowest prices anywhere – check out all of our bestsellers and new releases, and
find great deals like:
* Profiting in Bull or Bear Markets –
save 20% - only $22.95
* Micro Trading Tactics with Oliver Velez
– save 15% - only $84
* The Art of Speculation – an all time
classic – only $12.95
* Master Swing Trader – save $12
* Understanding Direct Access Trading –
only $19.95
Visit the
TradingSolutions Financial Bookstore now at:
http://www.invest-store.com/tradingsolutions/tl0801.html
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What are Entry/Exit Systems?
Entry/exit systems are used by fields to generate entry/exit
signals based on sets of rules. These rules evaluate conditions in other data
fields, such as whether a value crossed a certain threshold or the number of
days since a condition occurred. They are very similar to function definitions
in that they are created for general use. Once created, they can be used in any
number of fields with different parameters or underlying data.
Creating Basic Entry/Exit Systems
Before creating your own entry/exit systems, you should have
a good understanding of how to enter your own functions in TradingSolutions.
The TradingSolutions tutorials provide a great introduction to writing both
custom functions and entry/exit systems. Try the Advanced Tutorial on Writing
Custom Functions and Entry/Exit Systems. This step-by-step tutorial
provides an excellent background in how to enter formulas and rules in
TradingSolutions.
Defining Complex Conditional Logic
The rules associated with entry/exit systems are typically
combined using simple AND or OR logic. This is done by specifying one of the
following settings for when to generate a signal:
* When all of these rules are true. (Rule 1 AND Rule 2)
* When any of these rules are true. (Rule 1 OR Rule 2)
* When any of these rules are not true. (Not Rule 1 OR Not Rule 2)
* When none of these rules are true. (Not Rule 1 AND Not Rule 2)
Occasionally, we get the question: “how do I specify more
complex conditional logic?” For example, how can you specify to generate a
signal when two rules and at least one of another set of rules are true?
The best way to approach this problem is typically to
incorporate some of the rules into one rule. For example, in the above
question, we want to create the following condition:
(Rule 1 AND Rule 2 AND (Rule 3 OR Rule 4))
This can be viewed as wanting to generate a signal “when all
of these rules are true”:
* Rule 1
* Rule 2
* Rule 3 OR Rule 4
In this case, Rule 3 and Rule 4 would be combined into a
single rule that uses the “or” function to combine the two conditions.
Alternatively, a function definition could be created that combines Rule 3 and
Rule 4, then that function could be used in this entry/exit system.
For very complex entry/exit logic, it can sometimes be
worthwhile to use function definitions to bypass or extend an entry/exit
system. Entry/exit systems are technically the same as function definitions –
they take a set of inputs and generate an output based on a series of calculations.
Any set of rules that you can specify in an entry/exit system, you can also
specify using one or more function definitions. Entry/exit systems simply make
it easier to modify the conditions as rules. However, if you find yourself
constrained by that mechanism, you should always feel free to use function
definitions to replace set of rules or even entire entry/exit systems.
More Information Entry/Exit Systems
More information on Entry/Exit Systems can be found in the
TradingSolutions online help in the chapter “Creating and Analyzing Entry/Exit
Signals” under the topic “Using Entry/Exit Systems to Generate Signals”.
In addition, if you find yourself unsure how to proceed when
implementing a function or entry/exit system in TradingSolutions, feel free to
contact TradingSolutions technical support for assistance. E-mail us the
algorithm you would like to implement and, if possible, an exported version of
what you have attempted so far. This will allow us to tell you specifically
what you need to know to get your system implemented.
TradingSolutions technical support can be reached at: support@tradingsolutions.com
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Many TradingSolutions users read Technical Analysis of
Stocks and Commodities (TASC), the Traders’ Magazine. It’s a great way to
trade smarter with detailed information on trading strategies, charting
patterns, indicators, and computerized trading methods. As a free service to
our users, we arrange for the “Traders’ Tips” section of the magazine to
include tips and techniques for implementing many of the indicators found in
the magazine in TradingSolutions.
Each time a tip is included in the magazine, we also include
the implemented functions in the Solution Library on our web site. These
functions can be imported into either the full version or the evaluation
version of TradingSolutions and are completely free. Visit the Solution Library
now at: http://www.tradingsolutions.com/download/solution.html
If you aren’t familiar with Technical Analysis of Stocks
and Commodities, we encourage you to visit their web site at: http://www.traders.com
Neural 101
is a free educational web site on trading stock and futures markets with neural
networks. It includes message areas, links, trading indicators, systems and
scans. The message areas include special forums on building trading systems,
using neural networks, and even discussing tips, tricks, and ideas for using
TradingSolutions.
NeuroDimension
encourages the use of this free resource to foster discussions between people
interested in TradingSolutions. You can visit Neural 101 at http://www.neural101.com. The
TradingSolutions message forum can be located using the “Message Forums” link
from the left-hand menu.
Have an event or product you would like to announce? Contact
us at submissions@nd.com.
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We appreciate your feedback! Please send us your comments or
suggestions concerning this newsletter, our web site, or part of the
NeuroDimension product line. Write to us at: feedback@nd.com
Have questions about TradingSolutions? Send your questions to:
info@tradingsolutions.com
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