EdgeWare FastBreak Pro Version 5 User Manual
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purchased. Some users have the requirement to hold a fund for a fixed number of
days after purchase. They can now start a stop after this number of days.
Ability to search the Buy and Sell ranking list by fund symbol. Some users have
very large trading families and it is difficult to locate a particular issue in the
ranking list. This option allows the user to do an efficient search for the fund
symbol.
Additional Changes between Version 3 and Version 5
Note: You can load trading systems developed with Version 3 of FastBreak into this
new version, however, you must input the beta /correlation index and calculation
period on the Funds/Index tab. After you have entered this information you will need
to resave the DFT file.
Here is a short list of some of the major enhancements:
• Better Opportunity Sell Signal (BOSS)
• Numerous buy filters: EMA, parabolic, RSI, beta, and correlation
• New information in summary output (Beta, Alpha, and Correlation)
• New information in detail output to explain why a fund was sold
Because of changes in program calculation logic, you may see changes in results from
your trading systems developed with prior versions of FastBreak Pro. Here are just a few
examples:
• We removed the Adaptive Moving Average as a stop option. This was done because
we never found the AMA to be a particularly effective stop option, and we wanted to
make room on the Stops tab for a much more effective new option called BOSS.
• Change in the logic for the Rate of Return Sell stop. We now check a candidate fund,
prior to purchase, to verify that it exceeds the stop parameters specified.