In this issue:
I. Announcing Advanced Indicator Set 3
II. Three for two sale for existing customers only
III. Possible Seminar in February
IV. Editorial by Steve Ward, CEO
V. One way to stop this newsletter
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I. Announcing Advanced Indicator Set 3
Advanced Indicator Set 3 is an eclectic set of indicators that expand NeuroShell Trader’s ability to find a value between two separate conditions or since the occurrence of a single condition. The Find and Count indicators are designed to answer traders’ questions about data such as what is the max value of the close in the time between a Bollinger Band High Breakout and a Bollinger Band Low Breakout or count the number of times the percent change in close was greater than x percent from February 1 to May 31.
In addition, Set 3 adds the power to remember or toggle values off and on based on conditions. The Remember and Toggle indicators may be used to create complex Predictions and Trading Strategies.
These functions complement the NeuroShell Trader’s emphasis on building indicators with a wizard rather than requiring the user to be a programmer. The result is a significant speed increase in building and testing trading systems.
Advanced Indicator Set 3 also includes indicators specifically designed for pair trading. The PairEntry and PairExit set lets you build traditional market neutral systems that simultaneously buy and sell a pair of instruments that follow one another and frequently cross prices. When those pairs are hard to find, the ProxyEntry and ProxyExit indicators expand possibilities for pair trading by using the NeuroShell Trader’s neural nets to create cointegrated pairs.
Rounding out this diverse mix are two indicators that compute the correct sun time and distance to the moon.
For more information or to read the help file, take a look at our website:
http://www.neuroshell.com/addons.asp?ais3
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II. Three for two sale for existing customers only
For a limited time, existing customers may buy two of our add-ons and get a third one free. The two you purchase may include those not produced by us but sold by us (Mesa8, Cybernetic Analysis, and Interchart Tools) as well as any that are produced by Ward Systems Group. However, the free one may only be selected by those produced by Ward Systems Group. The new Advanced Indicator Set 3 is included in this sale too.
This sale is only for those who have already purchased NeuroShell as of the date of this newsletter, and it will end at midnight, June 21.
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III. Possible Seminar in February
Marge Sherald is considering scheduling another Advanced Seminar, based on how much interest there might be. The week under consideration is the last week in February, 2010, and the location would again be Melbourne Florida. If you have a strong interest in attending, please email Marge at marge@wardsystems.com, or call her at 301-662-7950.
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IV. Editorial by Steve Ward, CEO
1. Advanced Indicator Set 3. Most of our users are non-programmers, and appreciate the ability to build complex indicators without programming skills. However, some things can get so complex, our Indicator Wizard cannot accomplish them, and programming is required. In order to minimize the tasks that may require programming, we started thinking a couple of months ago about what type of indicators we could build to accomplish some of the things we remember users wanting to do that we could not easily do already with existing indicators. We think we built a pretty good set of new indicators to make solving more complex tasks possible. Then we added some new indicators to do pair trading easier, and a couple of astronomical indicators we had been using ourselves for a few years.
2. ChaosHunter. I have this fear that many of you do not really understand what ChaosHunter does, or have an understanding of the power of this program, unique I believe in the industry today (at least at the price). I am not talking about its ability to build chaotic formulas for market timing. I am also not referring to its ability to spread genetic evolutionary number crunching across multiple cores and across a network, creating your own supercomputer.
What I am talking about can best be described by a conversation I had with a prospective NeuroShell customer some years ago (before we started selling ChaosHunter). He called because he was interested in AI making decisions for him. But he felt that with AI he should not have to do ANYTHING except start the product up – it should decide what kind of model to make with no choices necessary on his part. Of course I couldn’t sell him.
ChaosHunter is also a long way from that ideal, but it is a big step forward. You should make some basic selections about its universe, but within that universe, evolution decides simultaneously what the model should look like, how it should be evaluated, what is fed into the model, what preprocessing is done on what is fed into the model, and the parameters of that preprocessing. It builds models for both business and science, as well as for trading. Best of all, when the model is done it is yours to use as you wish or sell, because it is not dependent upon any particular platform to run it. You can read and understand the formula, and can therefore use it in many platforms.
I have had a lot of experience with ChaosHunter, but I still feel I have a lot to explore. For example, can several ChaosHunter models become a panel of experts advising a final ChaosHunter model? Is it useful to let CH incorporate several predictions from NeuroShell as experts into a formula? I built at least one good model that had no inputs at all except the chaos variable, which has nothing to do with prices. In other words it was pure chaos. Was that a random fluke or inspired genius that begs for more exploration?
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V. One way to stop this newsletter
It is really easy. Just change your email address and don’t tell us.
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