In this issue:
I. Docuvest Announces Pre-Release of Forex.com/Gain Capital Forex Feed
II. Exclusive Sale for Current NeuroShell Trader Owners
III. BMJ Software news
IV. Office Closure
V. One way to stop this newsletter
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I. Docuvest Announces Pre-Release of Forex.com/Gain Capital Forex Feed
Docuvest has completed its initial Beta development of the Forex.com/Gain Capital Data Feed. The feed is now open to all users of NeuroShell products. During the Pre-Release phase the data feed will be available at no cost to all users.
A funded account must be opened at Forex.com to qualify for usage of the data, as the Account Number enables unlocking the data for insertion into a chart. Trading the account is not required, but a minimum deposit sufficient to cover the margin for the smallest contract is necessary. This can be as low as $250. All account deposits and balances belong to the trader and can be withdrawn at any time, once all trades are closed. As with any trading account, sufficient margin must be maintained for any open positions. If the trader wishes to use the data but to not trade the account, only the minimum deposit is required. Once the Data Feed is finally released, a small fee will be charged for traders who do not meet minimum Forex.com Account trading activity.
Docuvest-Forex.com Data:
A. Clean data that is free of “bad ticks”
1. All data “ticks” represent a “bid” price that Forex.com would accept, even if no trade is actually made.
2. Real Time Bid-Ask Spread and actual “Ask” prices are available for independent charting.
3. Volume charting, consisting of number of “bids” per bar, is available. As with all Forex data feeds, the actual volume of each trade is not reported by the data sources.
4. When trading with any broker, including Forex.com, there is no substitute for charting and modeling using the same data that is used by the broker for trade execution. Data can differ between sources, and there is an “edge” for the trader who uses the same data as that used by the broker for buying and selling system orders.
B. Unparalleled intra-day data depth
1. Tick data is now available for all pairs back to January 2008.
– NeuroShell can handle only limited tick data, but if you wish to analyze tick or tick based bar data for any limited time frame within the tick history period, it is available.
2. Bar data is available for the same date range.
– One minute bars, or any multiple of one minute bars, such as 5 minute, one hour, etc., are available from Jan 2008 to the present.
– Volume and Ask data are available for all bar data.
3. Daily, Weekly, and Monthly data are supported for two years.
4. For popular data pairs, all data will be supplied that is available from Gain Capital.
– Gain has data from 2003 for the most popular pairs
– Other data pairs were introduced in the subsequent years.
For more information email nssales@docuvest.com
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II. Exclusive Sale for Current NeuroShell Trader Owners
We’re having a buy two, get one free add-on sale that runs until Friday, July 2. That’s a savings of $299. NeuroShell Trader owners can select any of the Ward Systems Group Add-ons from the following list:
-Adaptive Net Indicators
-Adaptive TurboProp2
-Advanced Indicator Set 1
-Advanced Indicator Set 2
-Advanced Indicator Set 3
-Cluster Indicators
-Fuzzy Pattern Recognizer
-Fuzzy Sets
-Neural Indicators
-Pattern Matcher
-Turning Points
This is your chance to customize the NeuroShell Trader to work with fuzzy logic, recognize your favorite patterns, or make it easier to build pair trading models. Don’t know which add-ons to buy? Call us at 301 662 7950 and we’ll discuss the best add-ons that meet your needs.
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III. BMJ Software news
BMJ Software has informed us they will be releasing their new add-on during the month of July. It’s called the BMJ Fractal Analysis Indicator Set. Here is their description of the add-on:
The BMJ Fractal Analysis Indicator Set is a group of indicators based on the concept of the fractal analysis of a time series. All the indicators are based on a common core that takes any time series and analyzes the fractal dimension of the time series, converts the fractal dimension to the Hurst exponent, and produces a filtered time series that is theoretically stripped of most of the noise in the data. The result is a highly responsive smoothing filter of any data series. The fractal filtered time series is so responsive to changes in direction with virtually no lag and no overshoot, that the filtered result can be used as a proxy for the original time series in any traditional indicators or technical analysis techniques.
To provide maximum flexibility and responsiveness, all of the fractal indicators have been developed as adaptive indicators where the period input is an adaptive input. It can be entered either as a numeric value such as 30 bars or as a time series, such as the BMJ Hurst indicator. Since the Hurst exponent will by definition vary from 0 to 1, using some multiple of this indicator is a valid input to this parameter. In addition, it meets the objective of an adaptive parameter, because the length of the FF period will be longer when the Hurst exponent is greater than 0.5 indicating a persistent or trending market and shorter when the Hurst exponent is less than 0.5 indicating a non-trending or anti-persistent market. This would theoretically result in a filtered time series that is more responsive to both trending markets and consolidating or trading markets. Using a multiple of the BMJ Hurst indicator as an input to this parameter is illustrated in the Example Charts included with the indicator set.
The beauty of the BMJ Fractal Analysis Indicator Set is that all of the indicators can be used out of the box either by themselves or with any of your favorite NeuroShell indicators. The BMJ Fractal Filter can be used as a pre-processor of a time series input for any of the included NeuroShell indicators or technical analysis techniques. It can also be used as a post-processor to smooth any other indicator or technical analysis technique or to provide a signal line for cross over triggers. The BMJ Fractal Analysis indicators can also be used in concert with other traditional indicators or technical analysis techniques. Simply add one or more of the BMJ Fractal Analysis indicators to your favorite prediction or trading strategy and see how it improves performance and consistency of performance over optimization, paper trading, and out of sample periods.
The indicator set includes 30 example charts, many with multiple predictions and trading strategies, illustrating all of these concepts.
Watch for the website completion at www.bmjsoftware.com or look for the full details at a link to be put up on www.neuroshell.com.
For pre-release info contact:
info@bmjsoftware.com
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IV. Office Closure
Ward Systems Group offices will be closed Monday, July 5, in recognition of the US Independence Day holiday.
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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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