TradingSolutions Glossary
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Calculated Field
A field that uses a function definition on a set of inputs to produce a result.
& For help with function definitions, see Calculating Values and Financial Indicators.
Call Option (Options Trading Usage)
An option contract that gives the purchaser the right, but not the obligation, to purchase the underlying security at a specific price on or before a specific date. In the case of European options, the purchase must occur on a specific date.
Calmar Ratio
This value is the annual percent gain over the maximum drawdown from high equity. It is similar to the Sharpe Ratio, but penalizes based on the worst case scenario, rather than on volatility.
Candlestick Chart
A charting method that displays the high, low, open, and closing prices of a security. Originally developed in Japan, it displays rises in the open/close price as white boxes and declines as black boxes. In TradingSolutions, black boxes are displayed as colored boxes so that multiple charts can be displayed at one time.
& For help creating candlestick charts, see Displaying Data in a Chart.
Channel
A charting method that plots two lines, one above and one below the average price of a security. These two lines form an area, or channel, where the price is normally found. Prices that move above or below the channel are often considered to be indications of new trends.
Chart View
A TradingSolutions window that can display a chart of one or more data fields in a portfolio.
& For help with the Chart View, see Displaying Data in a Chart.
Chromosome (Genetic Algorithms Usage)
A member of a population during genetic optimization. A chromosome represents one potential set of values or settings to be analyzed during the optimization process. If the values in a chromosome produce good results, it is more likely to be used in the creation of new chromosomes through crossover and mutation.
& For help with optimization, see Optimizing Signals and Predictions.
Close
The price that a security was trading at when the markets closed for a given day.
Closing Bell
A bell traditionally rung at the end of a normal trading day in the New York Stock Exchange. This sound is also used in TradingSolutions as the Processing Completion sound.
& For help with setting sounds, see the help for the Modify Options Dialog: Sounds page.
Comma-Delimited File
A text file in which the columns are separated by commas. In other words, a file that uses the comma character (,) as the field delimiter.
& For help with text files, see Importing Data into TradingSolutions.
Commission
The amount paid to a broker or trading organization to execute a trade. Commissions are typically paid both when entering the market and exiting the market.
TradingSolutions simulates commissions by deducting a specified amount when each trade is entered and exited.
& For help setting the commission, see Using Trading Styles.
Committee
A collection of multiple fields that are combined to make a single value by "voting" for a result. Technically, this is a weighted average of the values of the included fields. It is useful for combining multiple predictions into one predicted value or multiple signals into one signal.
& For help with committees, see Combining Multiple Predictions in a Committee or Combining Multiple Signals in a Committee.
Composite Field
A general term for a line in the Chart View that requires more than one field. Data in candlestick charts and HLOC charts are examples of composite fields.
& For help with the Chart View, see Displaying Data in a Chart.
Constant
A value that does not change from use to use or record to record.
Context Axon
A component used in Jordan/Elman networks to apply processing to previous information.
& For help with neural network components, see the Advanced Topology Settings Dialog help.
Context Menu
A menu of options for a specific object in TradingSolutions. Context menus are displayed by right-clicking on the object you would like to perform an action on.
Correction
A movement of the price in the opposite direction of the previous movement by about 1/3 to 2/3 of the previous change. This is caused by the previous movement taking the price beyond the perceived worth of the security, causing the price to move back to an appropriate value.
Correlation
A tendency for two values to move in the same direction by the same relative amount. TradingSolutions uses correlation as part of its analysis of predictions. The Correlation Analysis Wizard is also available to identify leading and lagging indicators.
& For help analyzing predictions, see Analyzing Predictions.
Cover Short
See Exit Short Signal.
Criterion
A component in a neural network that examines the amount by which the value produced by the neural network differs from the desired value. During training, the criterion uses this information to adjust the training weights through backpropagation.
& For help with neural network components, see the Advanced Topology Settings Dialog help.
Cross Validation Set
A set of data used during the training of a neural network. The cross validation set is used to determine if the training weights are specializing on the data in the training set, rather than improving on the general case. It is important to note that the training weights are not adjusted based on the cross validation set; it is used only for determining the best set of weights for the general case.
& For help with predictions, see Predicting and Modeling Financial Data.
Crossover (Genetic Algorithms Usage)
An activity during genetic optimization during which a portion of one chromosome is combined with the portion of another chromosome. In effect, taking half of a good chromosome and half of another good chromosome in an attempt to produce a better result. When a crossover occurs, a random crossover point is selected and both of the combinations of the genes from before and after the crossover point are analyzed.
& For help with optimization, see Optimizing Signals and Predictions.
CSW
See Custom Solution Wizard.
Current Tasks Window
A window in TradingSolutions that displays the tasks that TradingSolutions is currently working on.
& For help with the Current Tasks Window, see The Current Tasks Window.
Custom Solution Wizard (CSW)
An add-on product for NeuroSolutions which enables you to generate neural network breadboards into callable dynamic link libraries (DLLs). TradingSolutions can use Custom Solution Wizard DLLs for processing.
& For help using the Custom Solution Wizard with TradingSolutions, see Developing Models with NeuroSolutions.
Custom Solution Wizard DLL (CSW DLL)
A dynamic link library (DLL) produced by the Custom Solution Wizard. Custom Solution Wizard DLLs contain the functionality of breadboards created with NeuroSolutions.
& For help using the Custom Solution Wizard with TradingSolutions, see Developing Models with NeuroSolutions.