Quantifiable Edges Tradestation Analysis Techniques

Over time Rob has had numerous requests from members who wanted to utilize some of the Tradestation indicators and functions he's designed. Many of the indicators are shown on the Quantifiable Edges Charts page in the members section of the site. Others are discussed from time to time in the subscriber letter. Rob has put together several of these indicators in a package.

It is now available to the public (free of charge to all subscribers as long as their membership is active, or $125 for non-subscribers with no expiry on the code). A list of calculation groupings is shown below:

Current Calculations Included in Package:

1) Fast/Slow Offset Historical Volatility
2) Fed Days (today and tomorrow)
3) Employment Days (today and tomorrow)
4) Breadth %
5) Breadth % Rank
6) Ratio Adjusted McClellan Oscillator (RAMO)
7) McClellan % Ranks
8) McClellan % Ranks (Pos/Neg)
9) Closing TICK TomOscillators

More detailed information on all of the calculations as well as instructions and examples can be found in the Quantifiable Edges Tradestation Analysis Techniques User Guide.
The user guide may be downloaded by anyone who takes a free 1-week trial of Quantifiable Edges subscriber service. Purchase includes Tradestation formatted .eld files for import as well as the 15-page guide. More indicators and functions may be added to the package over time. Purchasers may download updated versions free of charge for up to 1-year after purchase.

Follow Through Day Study Code

A quantitative study of the Follow Through Day, created by William O'Neil. Flexible inputs allow you to adjust the definitions of a "successful" rally or a "failed" Follow Through Day. Also adjust the parameters for how large a pullback needs to be before a Follow Through Day is sought. Another adjustable input is the % increase required to trigger a FTD. See how making all these adjustments would have affected Follow Through Day statistics over time. Code is also included so that you may clearly see where the success target and failure stops are on the chart.

If you use Follow Through Days as a tool in your trading, you owe it to yourself to understand how they really work, what is the edge they provide, and how that edge can change based on different assumptions.