Intermarket Divergence Pro Bundle
Manufacturer: Murray Ruggiero Jr.
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Intermarket analysis is an incredibly powerful concept that traders can use to get an edge on the market. In fact, when intermarket analysis is done correctly it is considered to be a form of statistical arbitrage that can have excellent results. Readers of System Trader Success know that Jeff Swanson is very interested in intermarket analysis as a method to incorporate into his own systems. In fact, Jeff has been using our Intermarket Divergence Pro tool and has found it to be beneficial. Designed exclusively for TradeStation users such as yourself, this intermarket divergence tool works by allowing you to easily - and without any code - test various intermarket hypothesis. For example, with Intermarket Divergence Pro you can test hypotheses such as "are bonds positively correlated with utility stocks?" without any coding. In the two videos below, Murray shows exactly how to test that exact hypothesis and also how to use the program to filter for seasonal weaknesses in bonds.
How Does Intermarket Divergence Work?Intermarket divergence is based on six basic fundamental ideas:
- All markets are interrelated. This means that no markets ever move in isolation.
- Intermarket work provides important background data.
- Intermarket work uses external, as opposed to internal, data.
- Technical analysis is the preferred vehicle.
- Intermarket relationships are not only for futures, but also for stocks, ETFs, and various indices or sectors.
- We will first try to understand the premise behind a relationship. This means viewing it visually on a chart and then developing mechanical signals based on this relationship.
Using Our SoftwareThe Intermarket Divergence Pro software that is sold on the site is very powerful for testing these hypotheses quickly and easily. It can be used to build systems in a short amount of time that get you a working system in a fraction of the time that it would take to actually code everything from scratch in TradeStation. When you're confident that you've hit a good intermarket correlation, you can then extend the system via EasyLanguage (we sell a book on this site that can help you brush up on your EasyLanguage skills!) to filter trades and so on. Indeed, one of the powerful things about Murray's Intermarket Divergence Pro utility is that it is completely open-source. It is a powerful learning resource both from a code side and a market research side.
System RobustnessFor readers of System Trader Success, we are not only giving away the Intermarket Divergence Pro utility for a reduced price, but we are also throwing in a completely free copy of Murray's 3D optimization utilities for Excel (this normally retails for $69 alone on our site). It is very important to ensure that your system is very robust. One of the ways in which Murray ensures this in his own systems is to visualize the 3D parameter space and calculate statistical significance. This utility works for TradeStation outputs meaning you can use it with the Intermarket Divergence Pro utility. Visualizing the 3D parameter space is an important part of ensuring your system is robust. You do not want to trade a system for which only only a couple of parameter choices work. Rather, you want a solid premise so that you have quality returns across a wide range of parameters. With Murray's tool, you can visualize two parameters on the X and Y axes and net profit or net profit to drawdown on the Z axis. This helps ensure that your system is robust and that it's not a fluke that say param1 = 2 and param2 = 4 works but everything else fails miserably. This helps you, as system designer, see trends. One of the other things that this utility offers is the ability to calculate statistics in order to see if the results we are experiencing are statistically significant or not. We can calculate the means and standard deviations for our systems to ensure that they are robust and will hold up in out-of-sample testing.
Put Intermarket Divergence to Work for YouThis package will only be available on this site for the next 5 days so act fast! For just a one-time payment of $299, you can get:
- Intermarket Divergence Pro - for TradeStation users (normally $249).
- 3D Optimization - Excel add-in (normally $69).
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