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

Earnings Per Share

The total annual profit of a company divided by the number of outstanding shares.

Empty Cell

A cell in the Spreadsheet View that does not contain a value. This is also called a null value.

End Date

The last date in a range of data used for a particular operation, delineated by the dates associated with that data. Date ranges typically have a start and end date. If an end date is not specified, the last available date is used.

Enter Long Signal

An entry/exit signal that indicates the best time to buy a stock to take advantage of an upcoming price increase. An enter long signal implies that any short sales should be exited, as well.

&  For help with entry/exit signals, see Creating and Analyzing Entry/Exit Signals.

Enter Short Signal

An entry/exit signal that indicates the best time to short sell a stock to take advantage of an upcoming price decrease. An enter short signal implies that any currently owned shares (long entries) should be exited, as well.

&  For help with entry/exit signals, see Creating and Analyzing Entry/Exit Signals.

Entering the Market

The act of taking a trading position in the market. This can involve buying a stock (entering long) or short selling a stock (entering short).

Entry Signal

An Entry/Exit signal that indicates the best time to enter the market. An enter long signal indicates when to buy the stock to take advantage of an upcoming price increase. An enter short signal indicates when to short sell the stock to take advantage of an upcoming price decrease. An entry signal also implies that any opposite trades should be exited, as well.

&  For help with entry/exit signals, see Creating and Analyzing Entry/Exit Signals.

Entry/Exit Rules

The conditions that make up an entry/exit system, indicating when to generate an entry or exit signal.

Entry/Exit Signal

An indication of the best time to buy or sell a stock based on one or more factors in the market. These are also called Buy/Sell signals when referring specifically to long trading.

&  For help with entry/exit signals, see Creating and Analyzing Entry/Exit Signals.

Entry/Exit System

A collection of rules (conditions) that analyze one or more factors in the market to produce Entry/Exit Signals.

&  For an overview on entry/exit systems, see What is an Entry/Exit System?

&  For help using entry/exit systems, see Creating and Analyzing Entry/Exit Signals.

Entry/Exit System Group

A collection of entry/exit systems. Groups are used to separate definitions during selection. Typically, the definitions in a group share common characteristics.

Epoch

A single presentation of all of the data in the training set during the training of the neural network. This also includes any analysis of the cross validation set.

Equity

The total worth of a trading account. This includes the current value of any investments and any amounts not invested.

&  For help with entry/exit signals, see Creating and Analyzing Entry/Exit Signals.

Equity By Bar

The analysis of the equity of a trading account on a record-by-record basis. For daily data, this is the same as examining the data on a day-by-day basis.

&  For help with entry/exit signals, see Creating and Analyzing Entry/Exit Signals.

Equity By Trade

The analysis of the equity of a trading account on a trade-by-trade basis.

&  For help with entry/exit signals, see Creating and Analyzing Entry/Exit Signals.

Equity Curve

The total worth of a trading account charted against time.

&  For help with entry/exit signals, see Creating and Analyzing Entry/Exit Signals.

Error

The difference between the desired output and the value produced by the neural network.

&  For help analyzing predictions, see Analyzing Predictions.

eSignal

A data service from which data can be imported directly into TradingSolutions.

&  For help using eSignal, see Importing Data from eSignal.

Exemplar

A grouping of data that is presented to a neural network for training. For static neural networks, each exemplar contains one sample. For dynamic neural networks, each exemplar may contain one or more samples.

Exit Efficiency

This value is the percentage of the maximum gain for each trade that was achieved at the exit of each trade. This is useful for determining if trades are being held past their maximum value. Values close to 100% indicate that the trades are typically being exited when the maximum profit is available. Lower values indicate that higher profits may be possible if the strategy for generating exit signals were more aggressive.

Exit Long Signal

An entry/exit signal that indicates the best time to sell currently owned shares of a stock prior to an upcoming price decrease. Typically, the anticipated price decrease is not large enough to warrant entering short.

&  For help with entry/exit signals, see Creating and Analyzing Entry/Exit Signals.

Exit Short Signal

An entry/exit signal that indicates the best time to buy out of a short sale prior to an upcoming price increase. Typically, the anticipated price increase is not large enough to warrant entering long. This is also referred to as covering a short.

&  For help with entry/exit signals, see Creating and Analyzing Entry/Exit Signals.

Exit Signal

An entry/exit signal that indicates the best time to exit the market. An exit long signal indicates when to sell currently owned shares of the stock prior to an upcoming price decrease. An exit short signal indicates when to buy out of a short sale prior to an upcoming price increase. Typically, the anticipated price change is not large enough to warrant entry in the opposite direction.

&  For help with entry/exit signals, see Creating and Analyzing Entry/Exit Signals.

Exiting the Market

The act of ending a trading position in the market. This can involve selling stock that was purchased (exiting long) or buying stock to cover a short position (exiting short).

Expectancy Score

This value indicates the amount expected to be returned by each trade. It equals the percent wins times the average win, minus the percent losses times the average loss. It can be risk-adjusted by dividing by the largest loss.

Exporting

An action that makes data or functionality in a program available to other programs or users of that program.

&  For help with exporting, see Exporting Data for Use in Other Programs.