Modify Data Series Dialog: Trading Settings
The Modify Data Series Dialog allows you to analyze and change the properties associated with a data series. The Trading Settings page allows you to change the settings specific to the data for the selected market type.
& For help with market types and the associated settings, see Understanding Market Types.
General Trading Settings
The following settings are repeated from the Properties page.
Ä Note: Any changes to these settings will only be made with the Apply Changes button is pressed.
¨ Market Type
This setting indicates the type of market this symbol is traded in. This affects how signals created for this data are analyzed.
Ä Note: After changing the market type, TradingSolutions will offer to recalculate or re-optimize any fields which were created based on the previous settings.
Ä Note: Futures and FOREX markets require additional settings on the Trading Settings page to be set. Default values for the selected symbol will be used if they are available.
¨ Exchange
This setting defines the exchange for which this data is associated. This is used primarily for determining when new data is available for updates.
FOREX Spot Trading Settings
The following settings are required for using data with the FOREX Spot market type. When possible, these values will be set to their defaults based on the data.
¨ Pip Size
This setting indicates the minimum amount by which the price can fluctuate. Most foreign currency pairs have a pip size of 0.0001.
Ä Note: Many FOREX brokers require trades to be made in lots of 100000 of the base currency. An equivalent value in the localized currency for a 100000 unit lot is displayed for reference. This reference value indicates that for each pip the price changes, a trade of this size will gain or lose the indicated value.
Ä Note: If the reference value appears to be in the wrong units, check the Localization setting.
¨ Bid/Ask Spread
This setting indicates the bid/ask spread your FOREX broker is using for this currency pair. All prices in the data series are assumed to Bid prices. The Bid/Ask spread is used during signal analysis whenever the Ask price is required.
Ä Note: This value will always default to 5 pips. Individual brokers may have a spread of anywhere from 2 pips to over 10 pips for individual currencies.
¨ Localization
This setting indicates which currency in the pair you will be taking your profits in.
: Example: If your account is in U.S. dollars (USD), you should specify My Currency is First for pairs such as "USD/JPY" where USD is the base currency. You should specify My Currency is Second for pairs such as "EUR/USD" where USD is the counter currency.
Ä Note: TradingSolutions currently does not support full analysis of foreign pairs. If you are using a pair in which neither currency is the currency your account is in, you should specify My Currency is First. The profits will be listed in the Base (first) currency. The effects of converting to and from this currency to your account currency will not be included.
Futures Settings
The following settings are required for using data with the Futures market type. These values are all specified by the exchange where the contract is being traded. For common U.S. contracts, these values will default to the values being used as of March 1, 2005.
¨ Minimum Price Movement (Tick)
This setting indicates the minimum amount by which the price can fluctuate, along with the equivalent value for a standard contract.
Ä Note: Some data providers adjust the tick size by a "unit size". For example, CT has a tick size of .0001, but some data providers report the prices in hundreds with a "unit size" of .01. In this case, enter the Minimum Price Movement as the minimum that the reported price can change. In this case, that would be .01 (= .0001 / .01).
¨ Initial Margin
This setting indicates the minimum amount of money per contract that must be in the account at the beginning of the trade.
¨ Maintenance Margin
This setting indicates the minimum amount of money per contract that must be in the account after the trade has started. It is typically less than the initial margin, but may be equal to it.
Applying Changes and Recalculating Fields
Any changes made on this page will not be saved until the Apply Changes button is pressed. Upon making changes, TradingSolutions will offer to recalculate or re-optimize any fields which were created based on the previous settings.
If you elect not to recalculate fields at this time, you can do so later by pressing the Recalculate Fields with Other Settings… button.
What Do I Do Next?
When you are finished making any changes, press the Close button or select another property page. However, note that any changes on this page will not occur unless the Apply Changes button is pressed.
Additional Property Pages
The Modify Data Series Dialog has the following property pages.
This page allows you to change the ticker and display names for the data series, as well as providing you with several quick actions to perform on the data series.
This page allows you to add new fields, as well as modify and delete existing fields in the data series.
This page allows you to adjust the trading settings associated with this data series.
This page allows you to analyze and retrain prediction fields for the data series.
This page allows you to compare and analyze signal fields for the data series.
This page allows you to manage previously saved chart and spreadsheet views for the data series.
& For help using property pages, see the help for Property Pages.
How Did I Get Here?
The Trading Settings property page appears when you perform an action based on a message referring to data trading settings.