3D Optimization

This add-in for Excel lets you prepare, visualize, and validate your parameter space for optimizations in 3D. It works with TradeStation data as well as TradersStudio data (TradersStudio is Murray’s backtesting platform – for more information, please visit http://www.tradersstudio.com). This add-in is vital for testing your system’s robustness across multiple parameters. The additional statistics calculations means that you can ensure that your system is producing statistically significant results.

To see how this product works, please see this short video by Murray below:

1. Preparing Your Data

In order to use this tool you will need to format your TradeStation or TradersStudio data in a way that can be used by this add-in. Fortunately, this tool includes a “split data” option which splits the data that originally uses commas into their own cells.

3D Visualization Screenshot 1

2. Charting Your Data

You can plot your data in 3D. Suppose you had a dual moving average crossover system in which you had two parameters – SLen and LLen. You could plot those on the X and Y axes and then plot net profit on the Z axis. Or you might consider plotting the ratio of net profit to drawdown to get an idea of the risk to reward ratio of your system.

3D Visualization Screenshot 2

3. Validate Your Data

Finally, this tool lets you validate your data by calculating the mean and standard deviation of net profit, drawdown, and the average trade win or loss. This will help you test the statistical validity of your system to see if it is an anomaly or if it truly is a good system.

3D Visualization Screenshot 3

Optimal F Software

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Add Optimal F to your TradeStation strategies using this code. This package includes the documentation and the EasyLanguage ELD file, which contains the Optimal F function as well as a sample trading strategy.

Optimal F was developed by Ralph Vince and was one of the tools Larry Williams used to turn $10,000 into over $1,000,000 in a single year.

The code is fully disclosed and open-source. It is a great example of accessing trade statistics and using arrays in TradeStation.

SuperTurtle Systems Pack

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For a limited time! Get one of the greatest trend following systems of all time fully disclosed for TradeStation*

For the first time we are offering SuperTurtle™ for TradeStation

This system is one of the best trading systems of all time and has been in the top 10 multi-market list over 90% of the time since 2006. This distinction of honor is based on Future Truth magazine, the leading third party journal for reviews and evaluations of trading systems. Indeed, only one of Murray’s other systems, Simple Harmony, has been more consistent over the past 8 years in history!

This downloadable software contains both SimpleAdaptiveChannel and SuperTurtle™.

We show the results of both of these system on Corn, Coffee, Bonds, Euro C and Yen since 2003. To view these results, please click here. We made $269k on SimpleAdaptive and over $288k on SuperTurtle™. Purchasing this bundle will give you both of these systems fully disclosed. These systems are based on a concept called adaptive channel breakout which was invented by Murray Ruggiero in the 1990s while he worked for Larry Williams. This is one of the few orginal ideas in trading in the last 20 years.

As a free bonus, Murray is also including his two original articles which discuss the original concept of adaptive channel breakout in 1996. This reading is invaluable for both novice and experienced TradeStation users alike.

Disclaimer

HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM.

ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS.

TradeStation and Easylanguage are trademarks of TradeStation Inc.

Elliott Wave Counter

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This package contains an indicator which outputs the current Elliott Wave count by identifying the Elliott Wave sequence 3, 4, 5. Identifying this can help you design, build, and test your TradeStation strategies. It also contains a trading system, which uses this count to develop 100% mechanical trading signals. This system has been profitable over a wide range of markets and still works today. The original system was developed back in 1996 which I did my original article on making Elliott wave mechanical. This tool comes with an example showing how effective this Elliott wave counting method has been during this bull market using a weekly chart on ES.

This tool comes fully disclosed with TradeStation Easy Language code.

Transfer in ElliotWave345.ELD using the Easy Language Editor.

Adaptive Indicator Library 2016

The adaptive indicator library automatically tunes its indicators to half of the current dominant cycle based on use of the Autocorrelation  Periodogram . If we look at the math for most technical indicators, their math assumes that we are using half of the dominant cycle. We use always have them tuned to this they will offer the same physical properties with the data in terms of high and lows. If we don’t adapt the indicators and use a fixed length, then we will see a shift of the indicator in terms of high and lows and price action. We will also see the lag on the indicators shift. Let’s now look at some example of using the adaptive indicator library on a chart.

Adaptive Indicator Library

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This is an example of an adaptive ADX, Hilbert ADX and the standard ADX on Treasury Bonds. You will see that the Adaptive ADX turns much faster than the normal 14 period ADX. The reason why most indicators use a default 14 period is because they assume that there is a 28 day cycle, which had its origins in a lunar 28 day cycle. We can also see how the  adaptive indicator drops below trend level when the market moves sideways after a big trend which is not the same with the fixed length one.

Adaptive Indicator Library

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Here is another example using corn. We can see a similar response of the adaptive ADX and the standard one. We can see that the end ends in early July and the adaptive ADX peaks about the same time just as the topping action forms. The standard ADX peaks almost three weeks later!

Adaptive Indicator Library

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Our final example shows RSI, both an adaptive version and the standard one on corn. We can see that the adaptive RSI, which is based on half of the dominant cycle, oscillates between overbought and oversold. The standard one does not reach overbought and oversold levels for almost nine months, while the adaptive version cycles regularly. We also see that the peaks in the adaptive version do still normally lead the standard versions.

The adaptive indicator library works on intra-day data, end of day, weekly, and monthly. It includes full open source code and lets you easily create your own version of any indicators you want from just following our simple template.

Buy the Adaptive Indicator Library Now!

Fibonacci Plot Indicator

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Many market technicians have stated that the Fibonacci seqences are good for analyzing price movements like retracements. However, this is only part of the puzzle as time is also very important as well. This product helps by emphasizing time moreso than price. As W.D. Gann said, “time is just as important as price”. They are actually one and the same.

The sequence in which each number is the sum of the two preceding numbers, is known as the Fibonacci series: 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233, 377, 610, 987, 1597, 2584, 4181, where each number is the sum of the previous two.

The purpose of this indicator is to provide the TradeStation user the ability to identify a change in trend or a change in volatility as measured in trading ranges. Fib Plot is designed to provide signals using either a daily or intraday chart. Continuous futures data contracts are good for this as well as equities.

This indicator is completely open source and is thus not only a great addition to your trading toolbox but also a great EasyLanguage learning resource for both beginners and experts alike!

Portfolio Selector

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Portfolio Selector lets you take your TradeStation system strategies and test them across a diverse array of portfolio markets. It does this by reading in the files that are exported from TradeStation and calculate several important portfolio metrics such as: maximum combined drawdown, total combined equity, profit to drawdown ratio, and total portfolio flat time. Calculating metrics such as these is important because a system that performs well on market-by-market basis may in fact produce an account draining drawdown if those systems are traded simultaneously.

A very simple (and one that should not be attempted) example of the power of this software would be if you have a $10k account and you trade a system on two markets. Let’s suppose the drawdown on each market independently was $5k. Trading one market the account would survive, but trading both at once could wipe out the account. Portfolio Selector lets you avoid this pitfall by letting you test your EasyLanguage systems across multiple markets!

It is worth noting that this functionality is actually included within TradeStation at a cost of $50 per month! So for one year of this capability you would have to pay $600, for two years it would be $1200, and so on. However, by buying this software, you only need to pay a fraction of that. For a $99 one-time fee, you can have this capability for life! This lets you keep more money in your pocket for trading!

Intermarket Divergence Pro

Intermarket analysis studies interrelationships between various related markets. This is one of several TradeStation strategies that can be used. Standard correlation between markets are not useful if our goal is to either predict future prices or generate profitable signals because current correlation does not tell us anything about future prices. A methodology we developed originally developed in the mid 1990’s called intermarket divergence allows us to gauge the predictive power of an intermarket relationship and produce 100% objective signals. During the past 17 years we have used this methodology to develop trading systems which have produced robust and reliable trading signals even 17 years after the models were originally developed without any reoptimization.

To learn how this incredible software works, please watch the two videos below.

Using EasyLanguage 9.x Book and Code

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The majority of professional and individual traders use some kind of trading software on which to base their strategies. With over 100,000 users, the most popular trading software today is TradeStation, published by TradeStation Technologies. While this software is favored by many, TradeStation’s computer language can be confusing, especially for the novice. “Using EasyLanguage 9.x” is the new and highly updated version of several earlier editions familiarly called “the Putt Book.” Previous editions were aimed at earlier versions of TradeStation (4.0 and 2000i) and were each best-selling TradeStation books. Sunny J. Harris author of “TradeStation Made Easy!: Using EasyLanguage to Build Profits with the World’s Most Popular Trading Software” edited this book as well as wrote it’s foreword. “Using EasyLanguage 9.x” begins with basic concepts, leading you through learning TradeStation’s programming language, EasyLanguage. The book adroitly winds you into more and more intermediate topics, ending with several advanced topics, such as using text functions to place text on charts, drawing objects, activity bars, and probability maps. Whether you want to code your own ideas or to modify code and concepts you have found in magazines and books regarding TradeStation, this book is a must have. The TradeStation code for this book is available for sale as a download on www.UsingEasyLanguage.com in addition to other free bonus code.