Tutorial: Creating Trading Signals
Applying a Trading Solution
Applying a Trading Solution
i Tutorial Task
Apply a "trading solution" to create a signal for a stock.
The easiest way to create a trading signal for a stock is to apply a "trading solution". Trading solutions are collections of fields required to recreate a specific signal or technique. They are created based on an existing trading signal, either from your portfolio or from another portfolio.
Applying a trading solution to the stock it was created with will cause it to recreate the same signal for that stock. Applying a trading solution to a new stock will cause it to perform any optimizations or training used to create the original signal so that it is now optimized for the new stock.
This tutorial will show you how to create a trading signal by applying an existing trading solution to a new stock. Later tutorials will show you how to create your own trading solutions.
Ä Note: This task is similar to the Quick Example task in the first tutorial. It is repeated here in more detail to emphasize this as a way to create signals.
Step-by-step Instructions
1. Right-click on Eastman Kodak Company in the Sample End-of-Day Data group and select Apply a Trading Solution…. This will display the Apply a Trading Solution Wizard.
Ä Note: If your portfolio no longer has this group and you would like to try this task using the sample portfolio, see the Notes.
Figure 1. Selecting "Apply a Trading Solution…"
2. Review the introduction to the Apply a Trading Solution Wizard and press the Next button.
Figure 2. Pressing the Next button to advance.
3. On the Select Trading Solution page, select Sample End-of-Day Model Solutions from the Trading Solutions Groups list.
Figure 3. Selecting "Sample End-of-Day Model Solutions".
4. Select Sample Model for AMGN.
Figure 4. Selecting "Sample Model for AMGN".
5. View the description of the selected solution. Press the More button next to the description to display a complete description. When you are finished with this additional information, press Done.
Ä Note: If you do not see a description beneath the list of trading solutions, make sure the Display Descriptions box is checked.
Figure 5. Location of description and More button.
6. Press the Next button. TradingSolutions will perform some brief processing.
7. On the Create Fields page, review the information and press the Finish button.
Figure 6. Pressing the Finish button to complete the wizard.
8. Let TradingSolutions perform the requested tasks. Optimizing a new signal can take several minutes. For information on monitoring this processing, see the Notes.
9. After processing has completed, you will have a new signal for this stock which can be used for trading. For information on how to analyze signal or use it for trading, see the Notes.
Congratulations!
You have learned how to apply a trading solution to recreate a technique. Now, let’s learn how to perform various methods of creating signals directly in TradingSolutions.
_ Continue to the next task.