EdgeWare FastBreak Pro Version 5 - Manual (Page 6)

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3.0 Upgrade Notes
Special note to users of prior versions of FastBreak Pro. Note: For users of prior
versions of Standard FastBreak see the Upgrade Notes in the Standard manual.
Maintaining Existing FastBreak Trading Strategies
If you have existing FastBreak strategies that you like, we recommend that you keep the
old version of FastBreak on your computer until you have verified that the strategies
produce the same results with the new version. Prior to installing the new version of
FastBreak go to the folder where the existing version is located, typically ftbreak
(ftbreakp for Pro users), and find the file ftbreak.exe (ftbreakp.exe for Pro). Rename this
file ftbreakV4.exe (ftbreakpV4.exe for Pro). Now put a shortcut to this file on your desk
top.
If you see significant changes in favorite trading strategies using the new version then
continue to run these strategies in your old version of FastBreak until you have a chance
to create new strategies in the new version. You can have multiple versions of FastBreak
installed on a computer, so there is no problem running these old strategies.
Changes in Version 5
You may ask how Version 5 of FastBreak Pro is different from previous versions and if
you should reread the manual. The answer is that the changes are extensive and we
suggest you read the entire manual to understand the enhancements. The examples are
for the most part unchanged, and you can skip these sections if you are a veteran
FastBreak Pro user. The following list of changes covers upgrades from Version 4 to
Version 5. Some users may be upgrading from very old versions, and a section follows
to cover upgrades from Version 3.
Changes between Version 4 and Version 5
ƒ Capability to build market timing systems and signal files.
o We believe this is the most exciting new functionality. The optimizer and
out-of-sample testing capability in FastBreak Pro make building market
timing signals a snap.
o This functionality was developed, in large part, to better trade individual
stocks. Over the years we have found that FastBreak stock trading
systems have the potential for fantastic returns, but we have also found
that controlling drawdown is a challenge in bear markets. We have found
that even in severe bear markets there will be stocks that rally strongly,
however, these rallies often fail resulting in a whipsaw trades. We saw the
need for market timing signals that would keep the trading system out of
the very worst of markets. There are numerous market timing signals
available but so many of these are not robust and fail the test of time.