live on the web

Transcription

live on the web

tsbooks_strategy_trading:live on the web
7/21/2011
3:53 PM
Page 1
Getting Started with TradeStation
SESSION 2
Trading Strategies, Chart Analysis,
and Indicators
20110801-A
®
TradeStation
Getting Started with TradeStation – Session 2
Trading Strategies, Chart Analysis, and Indicators
IMPORTANT DISCLOSURES
THE FOLLOWING INFORMATION IS IMPORTANT AND SHOULD BE UNDERSTOOD IN THE
CONTEXT OF THE FOLLOWING PRESENTATION, AND FOR ANY TRADING IN WHICH YOU MIGHT
THEREAFTER ENGAGE.

Risk Capital. TradeStation, through its affiliates, TradeStation Securities, Inc. and TradeStation
Forex, Inc., seeks to serve institutional and active traders. Please be advised that active trading is
generally not appropriate for someone of limited resources, limited investment or trading
experience, or low risk tolerance, or who is not willing to risk at least $50,000 of capital.

The Presentation. Each speaker, who is not a TradeStation employee, acts independently, and
no speaking topic, session, or content (including opinions or comments) is affiliated with, or
approved, sponsored or endorsed by any TradeStation affiliate. Topics and sessions are solely
for educational purposes. The speaker roster and session content are subject to change without
notice. No investment, trading or tax advice regarding any security, group of securities, market
segment or market is intended or shall be given. Any examples used in sessions or speaking
topics are for illustrative purposes only — they should never be construed as recommendations
or endorsements of any kind. No particular trading strategy, technique, method or approach
discussed will guarantee profits, increased profits or the minimization of losses. Past
performance, whether actual or indicated by simulated historical tests, is no guarantee of future
performance or success. Supporting documentation for any topic, session or content will be
supplied upon request.

Educational Content. This presentation is for educational purposes only, it may discuss in detail
how TradeStation is designed to help you develop, test and implement trading strategies.
However, TradeStation does not provide or suggest trading strategies. We also do not
recommend or solicit the purchase or sale of any particular securities or derivative products. Any
symbols referenced or trading ideas discussed are used only for the purposes of the
demonstration, as an example ---- not a recommendation or endorsement.

Automated Order Placement and Execution. This presentation may discuss automated
electronic order placement and execution. Even though TradeStation has been designed to
automate your trading strategies and deliver timely order placement, routing and execution, these
things, as well as access to the system itself, may at times be delayed or even fail due to market
volatility, quote delays, system and software errors, Internet traffic, outages and other factors.

Asset Classes and Fees. Every investment involves risks depending upon, among other things,
the size, nature, leverage, diversification, transaction costs and time horizon for your investment.
Risks associated with certain asset classes are generally described below:
Options. Options trading carries a high degree of risk and is not suitable for all investors.
Purchasers and sellers of options should familiarize themselves with options trading theory
and pricing, and all associated risk factors. Please read the Characteristics and Risks or
Standardized Options available from the Options Clearing Corporation website:
http://www.optionsclearing.com/publications/risks/riskstoc.pdf or by writing TradeStation
Securities, 8050 SW 10th Street, Suite 2000, Plantation, FL 33324.
20110801-A
Forex. Off-Exchange Foreign Currency (forex) transactions involve the leveraged trading
of contracts denominated in foreign currency conducted with a futures commission
merchant or a retail foreign exchange dealer as your counterparty. Because of the
leverage and other risks disclosed on the TradeStation website, you can rapidly lose all of
the funds you deposit for such trading and you may lose more than you deposit.
Exchange Traded Funds (ETFs). ETFs are subject to risks similar to the underlying
securities, including, but not limited to market, sector, or industry risks. Please read the
ETF prospectus carefully before investing.
Futures and Security Futures. Transactions in futures and security futures carry a high
degree of risk. The amount of initial margin is small relative to the value of the futures
contract so that transactions are leveraged or geared. A relatively small market movement
will have a proportionately larger impact on the funds you have deposited or will have to
deposit: this may work against you as well as for you. Futures trading involves other risks
that are disclosed on the TradeStation website.

Transaction Costs. The trading of any asset class through your TradeStation platform will
obligate you to pay transaction costs including but not limited to commissions (fixed or variable
per share or contract) and forex percentage-in-points (pips). You also will likely have to
subscribe to one or more exchange real-time data feeds and pay other exchange-related fees.

Account Protection. Equities and equities options accounts are covered by Securities Investor
Protection Corporation (SIPC) insurance. Futures and forex accounts do not afford any such
protection.
All proprietary technology in TradeStation is owned by TradeStation Technologies, Inc., an affiliate of both
TradeStation Securities, Inc., a broker-dealer and futures commission merchant registered with the SEC
and the CFTC respectively and a member of various self regulatory organizations including NYSE, FINRA
and NFA, and TradeStation Forex, Inc., a retail foreign exchange dealer registered with the CFTC and a
member of NFA. © 2011 TradeStation. All rights reserved.
20110801-A
Table of Contents
Charting........................................................................................................................................................ 1
Chart Analysis Windows ........................................................................................................................... 1
Format Symbol.......................................................................................................................................... 2
Time-based Intervals ............................................................................................................................ 3
Activity-based Intervals ........................................................................................................................ 4
Price-based Intervals ............................................................................................................................ 4
Chart Styles .......................................................................................................................................... 8
Background Dragging ............................................................................................................................. 11
Analysis Techniques ............................................................................................................................... 12
Indicators ............................................................................................................................................ 12
ShowMe Studies................................................................................................................................. 12
PaintBar Studies ................................................................................................................................. 12
Inputs .................................................................................................................................................. 13
Multi-Data Analysis ................................................................................................................................. 14
Percent Change Charts .......................................................................................................................... 15
Drawing Objects...................................................................................................................................... 16
Strategy Testing and Optimization .......................................................................................................... 17
Using Strategies...................................................................................................................................... 18
Formatting Strategies ............................................................................................................................. 19
Strategy Properties ................................................................................................................................. 20
Strategy Optimization ............................................................................................................................. 22
TradeStation Support Resources ............................................................................................................ 25
The TradeStation Platform Help ............................................................................................................. 25
Using the TradeStation Support Center ................................................................................................. 26
Tutorials, Seminars and Books ............................................................................................................... 27
20110801-A
Charting
Chart Analysis Windows
Chart Analysis windows, or charts, are used to display price data, for historical and real-time technical
analysis and also for strategy back-testing and automation.
You can create as many Chart Analysis windows as you like, on the same or different workspaces. To
create a Chart Analysis window, click on the Chart Analysis icon from the Tools section of the Shortcut
Bar or click on File – New – Window… menu sequence, click on Chart Analysis from the New dialog
and click OK.
1
Format Symbol
You can change the settings and appearance of a Chart Analysis window by formatting the symbol. To
access the Format Symbol dialog, click on Format – Symbol… menu sequence or right-click on the
background of a Chart Analysis window and click on Format Symbol…. The Format Symbol dialog has
four tabs with all the settings to customize the data and appearance in a Chart Analysis window.
Settings tab
In the Select Interval box, you can choose the method used to build bars. Interval refers to the rule that
will be used to determine when a bar (or column, etc.) closes and the next begins. TradeStation offers
intervals that are time-based, activity-based, and price-based.
Under the section labeled Range, you can specify the amount of historical data to load. Historical data
can be a specific number of days, weeks, months, or years back. It can also be a specific number of Bars
Back, or it can be a range between a First Date and a Last Date.
Note: In order for a Chart Analysis window to update real-time, Last Date under Range must be the
current date. You must also subscribe to the exchange’s real-time data service.
2
Time-based Intervals
Intraday bars: each bar represents the trading
activity within a user-defined number of minutes.
Daily bars: each bar represents the trading
activity from the beginning to the end of the
symbol’s trading session (1 day).
Weekly bars: each bar represents the
trading activity from the beginning of the
week to the end.
Monthly bars: each bar represents the
trading activity from the beginning of the
calendar month to the end.
3
Activity-based Intervals
Tick bars: each bar represents the trading
activity within a user-defined number of trades.
Volume (Share) bars: each bar represents
the trading activity within a user-defined
number of shares traded.
Price-based Intervals
Kagi Chart
Kagi charts display a series of connecting
vertical lines whose thickness and direction
are dependent on price direction. When the
market moves in the same direction as a
prior Kagi line, the line will be extended.
When the market moves in the opposite
direction by at least the reversal amount, a
new Kagi line in the opposite direction will
be displayed. The color and width of the
Kagi line changes when the Kagi line breaks
a prior high or low.
Kase Chart
Kase charts create bars with a true range
based on a user's specified Target Range
value by using only real price data. Kase
Bar charts look like a traditional bar (or
candlestick) chart with the exception that the
size of each bar is dictated by a Target
Range value; all the bars are approximately
the same size (range).
4
Line Break Chart
The Line Break is made up of a series of
vertical blocks called lines. Line Break
charts are most commonly set to three,
and are known as "three-line break"
charts. A break of the lowest low of the
last three up lines will generate a down
line. A break of the highest high of the last
three down lines will generate an up line.
Momentum Bar Chart
The size of Momentum bars will always
be the range size set by the user and will
never be anything smaller or larger unless
it is the current bar that is building. Since
a new bar cannot be started until the
specified Range is exceeded, the open of
each Momentum bar is always one price
tick above or below the close of the
previous Momentum bar. There are no
gaps displayed on Momentum bar charts
so, when there is a price gap in the
underlying data, "virtual bars" will be
inserted to fill in the gap.
Range Bar Chart
The size of Range bars will always be the
range size set by the user and will never
be anything smaller or larger unless it is
the current bar that is building. The open
of each Range bar is always equal to the
close of the previous Range bar. There
are no gaps displayed on Range bar
charts, therefore, when there is a price
gap in the underlying data, "virtual bars"
will be inserted as necessary to fill in the
gap.
5
Renko Bar Chart
When the market moves in the same
direction of the prior Renko brick by the
specified Brick Size, a new brick will be
added in the same direction as the prior
brick. When the market moves in the
opposite direction of the prior brick by
twice the specified Brick Size, a new
Renko brick will be added in the opposite
direction of the prior brick. If there is no
significant change in price, i.e. the price
oscillates within the range of the last
brick, no new brick will be added.
Point & Figure Chart
Point & Figure charts filter out time and
insignificant price changes, leaving a
chart that contains only relevant price
movements. Rising prices are displayed
as columns of Xs and falling prices are
displayed as columns of Os. The Box
Size refers to the minimum increase or
decrease in price needed to add an X or
an O to a column of Xs or Os,
respectively. The Reversal Amount
refers to the change in price, either up or
down, needed to create a new column
and reverse from a column of Os to a
column of Xs, and vice versa.
6
Style tab
This tab lets you select the display style for the chart, including colors and weights. In the Bar type box,
the available styles are:






OHLC (open, high, low, close) Bar
HLC (high, low, close) Bar
Candlestick
Candlestick with Trend
Dot on close
Line on close
Note: Available styles depend on the interval settings selected on the Settings tab.
7
Chart Styles
On the Style tab, Bar Type refers to the display style for the bars in the chart. It is independent of data
interval, although some price-based intervals are restricted to only their traditional Bar Type setting.
OHLC – Displays the open, high, low, and close for each bar
HLC – Displays the high, low, and close of each bar
Candlestick Chart
The candlestick chart uses the same
price data as a bar chart. The "thick" part
of the candlestick is known as the "real
body" and represents the range between
the open and closing prices. A green
real body represents a bullish candle the close price was higher than the open
price. A red real body represents a
bearish candle - the close was lower than
the opening price. The thin line above
the body extends to the high, and the thin
line below the body extends to the low.
Candlestick with Trend – Displays candlestick bars with hollow and filled bodies. A hollow body
represents a bullish candle - the close price was higher than the open price. A filled body represents
a bearish candle - the close was lower than the opening price. The bar color is used to indicate the
trend direction. By default, green indicates the current bar close is greater than the previous close,
red indicates the current bar close is less than the previous close, and gray indicates no change in
close from the previous to current bar.
Dot on close – Paints a single dot at the close of each bar.
Line on close
A line chart displays a line that connects
the closing price of each bar.
8
Scaling tab
This tab has selections for setting the style and range of the chart scaling.
Under Type, selecting Linear, which is the default, produces a scale on which the height of each price
increment is equal regardless of the price of the symbol; Semi-Log produces a scale on which the height
of each price increment is weighted towards percent of price.
A Chart Analysis window containing text annotations, drawing objects or Trendlines may need additional
space above and below the bars. You can select Sub-graph Margins under the Range section to add
space above and below sub-graphs based on a percentage of the chart scale.
Custom Axis Increment, under the Display section, allows you to add more price detail to the price
scale or adjust the price increments.
9
Properties tab
The Properties tab provides access to settings for sessions in an intraday chart. These include Pre and
Post market sessions for stocks as well as Custom Sessions. Click the View/Customize… button to see
session selections and details.
Sessions provided are:





Regular market session
24 Hour session
US Stock with Post-market session (stocks)
US Stock with Pre & Post Market session (stocks)
US Stock with Pre-market (stocks)
TradeStation also allows you to create custom sessions. By creating a custom session and applying it to
a Chart Analysis window, price bars will only be displayed within the times specified.
10
Background Dragging
Enabling Background Dragging on a chart allows you to change the scaling of a sub-graph by dragging
the sub-graph background or any selected object using the mouse.
To enable Background Dragging, right-click on the background of a chart, select Background Dragging
from the menu and click on Enable.
You may also click on the Background Dragging button
on the toolbar.
With Background Dragging enabled, the mouse pointer changes to a hand which lets you click and drag
to move the background horizontally or vertically to display different sections of the chart window; all
indicators and other chart features in a sub-graph will move together.
You may also adjust the price scale manually by clicking directly on the price axis area and dragging the
mouse pointer up to expand the scale or down to contract the scale.
To disable Background dragging, right-click on the background of the chart, select Background
Dragging from the menu and you have two options: restoring the original scale range or maintaining the
new scale and range. Maintaining the new scale range
means that the price scale is fixed and any price fluctuations
outside this new range will not be displayed in your Chart
Analysis window.
Clicking the Background Dragging button
toolbar will restore the original scale range in the Chart Analysis window.
from the
11
Analysis Techniques
Analysis Techniques is the name used to refer to a variety of market analysis tools in TradeStation.
To access the TradeStation supplied analysis techniques, click on Insert – Indicator menu sequence.
This will display the Insert Analysis Techniques dialog which contains market analysis tools listed in five
different tabs. You may also right-click on the background of a Chart Analysis window and click on Insert
Analysis Techniques… to access the same dialog.
All supplied Analysis Techniques for
charting are written in EasyLanguage
and the formulas may be viewed,
copied or modified. From the Insert
Analysis Techniques dialog, select
the analysis technique and click the
Edit EasyLanguage… button. This
will open the EasyLanguage document
for that specific analysis technique.
To view a synopsis of the technique,
click the Definition button to open the
TradeStation Help on that specific
topic; this will provide additional
information on how to format and
interpret the analysis technique.
There are five different types of
analysis techniques supplied in
TradeStation: Indicators, ShowMe
studies, PaintBar studies, ActivityBar
studies, and ProbabilityMap studies.
Indicators
Generally, Indicators are Analysis
Techniques that graphically represent
mathematical formulas. In a Chart
Analysis window, an Indicator is
usually displayed using lines or histograms. TradeStation comes with a very large selection of Indicators
ready for you to use. These include moving averages, stochastic and ADX, just to name a few.
ShowMe Studies
A ShowMe study is an Analysis Technique that places a marker on each bar that meets a specified
condition. The condition might be notably high volume or an unusually large range. TradeStation’s
selection of Analysis Techniques includes many ShowMe studies for your convenience.
PaintBar Studies
Like a ShowMe study, a PaintBar study marks each bar that meets a specified condition. However, a
PaintBar changes the color of the bar whereas a ShowMe places a marker on the bar.
12
Inputs
Inputs are user-editable values (parameters) used by TradeStation to perform the calculations in its set of
instructions or rules. For example, inputs could be the PRICE, FASTLENGTH, and SLOWLENGTH
values used to calculate two moving averages (see picture below). Inputs are designed to be edited by
the user while working in the Chart Analysis window and without knowing or editing the underlying
EasyLanguage.
To access the Inputs of any analysis technique, click on Format – Analysis Techniques… menu
sequence, select the analysis technique to format, and click the Format… button on the dialog. This will
display the Format dialog for that specific analysis technique. Click on the Inputs tab to view all editable
inputs.
Depending on the analysis technique and the inputs you are editing, you can also use formulas, numeric
expressions, true/false expressions, or functions as the input value. For example, in the Format
Indicator: Mov Avg 2 Line dialog shown in the picture above, instead of just using Close for the Price
input, you could enter a formula such as (High + Low + Close)/3. This formula is the average of the high,
low, and close prices of each bar and the indicator will plot the averages of this value over the period of
bars specified in the two Length inputs.
13
Multi-Data Analysis
TradeStation allows you to plot more than one data set or symbol in a single Chart Analysis window. In
fact, for detailed comparative analysis, you may include as many as 50 different data sets or symbols in a
single Chart Analysis window. By default, each additional symbol is plotted beneath the other in a
separate sub-graph and is assigned its own data-stream number. For example, you might combine a
futures symbol with a cash market symbol to view their relationship, or an option symbol with the
underlying asset’s symbol to view correlation.
To insert a second symbol or data stream into a Chart Analysis window, click on Insert – Symbol…
menu sequence, type the symbol in the Symbol box, and click on Plot. You may also access the Insert
Symbol dialog by right-clicking on the Chart Analysis window and clicking Insert Symbol… from the
menu.
There are several analysis techniques in TradeStation that utilize multiple symbols. For example the
Spread – Diff indicator calculates the difference between the first and the second symbols in a Chart
Analysis window. Using the Chart Analysis window in the picture above the Spread – Diff indicator would
plot as follows:
Notice that the Inputs for the Spread – Diff indicator are Close of data1 and Close of data2, using two
data streams for the calculation; these Inputs can also be modified.
14
Percent Change Charts
A Percent Change Chart provides a convenient way of comparing market performance. These charts may
display a single data set or be created from multi-data charts. In this example, the percent changes of
three symbols are compared from the end of the prior calendar year.
To create a Percent Change Chart, right click on the background of a chart and from the right-click menu
select Percent Change Chart – Enable. For multi-data analysis, insert additional symbols by using the
Insert – Symbol menu sequence from the menu bar.
By default, the Percent Change Chart starts calculating percent change from the first bar on the chart. To
begin the calculation from a different starting point, right click anywhere on the Chart Analysis window,
select Percent Change Chart from the right-click menu, and you can choose from three different options:
Calculate from first bar, Calculate from last bar, or Calculate from this bar.
To disable Percent Change Chart, right click on the Chart Analysis window, select Percent Change
Chart from the right-click menu, and click Enable.
15
Drawing Objects
The Drawing menu provides access to graphic tools that you may draw onto a chart. These include
analytical tools such as Regression Channels, Fibonacci Tools or Andrew’s Pitchfork. Other Drawing
tools are available for making notes and adding markers to a chart: Ellipse, Text, etc.
Some of the drawing objects will require you to click once, twice, or even three times on the Chart
Analysis window in order to draw. For example, a Horizontal Line will require just one click; a Trendline
requires two clicks (a starting point and an ending point), Andrew’s Pitchfork requires three clicks, etc.
All drawing objects can be formatted for color, style, and display. The only ways to access the Format
dialog for a drawing object are by right-clicking or double-clicking on it. For example, to change the color
and width of a Trendline, right click on the Trendline and from the right-click menu click on Format
‘Trendline’…, click on the Style tab to change the color and width.
You may also turn on Alerts for most analytical drawing tools. From the Format dialog, click the Alerts
tab and put a check in the Enable Alert checkbox.
Note: If you use Drawing tools frequently, you may find it convenient to add the Drawing toolbar to your
desktop. Use the View – Toolbars – Drawing menu sequence to do this.
16
Strategy Testing and Optimization
Strategy trading is using a set of trading rules to systematically enter and exit the market, typically based
on technical indicators. TradeStation can also employ strategies based on fundamental data for stocks.
Strategy testing in TradeStation is done in Chart Analysis windows.
Strategies or groups of strategies may be inserted into charts for the purpose of testing historical
performance, monitoring current activity and, eventually, automating real-time order entry and execution.
When a Strategy or group of Strategies is inserted into a Chart Analysis window, the entries and exits are
shown as Up/Down arrows on the chart. The chart also identifies the names of the entries and exits and
the net open position at the close of any bar on which there would have been a trade.
17
Using Strategies
Dozens of Strategy components, based on most of the standard technical indicators and many
fundamental data fields, are supplied with TradeStation. This gives you the ability to test many of the
indicators you already use every day. In addition, there are exit strategies for Stop Loss, Profit Targets,
Trailing Stops, and many others. Together, these allow you to build and test complex strategies by
combining different strategy components.
To access the TradeStation built-in
Strategies, click on Insert – Strategy
menu sequence. This will display the
Insert Strategies dialog. You may also
right-click on the background of a Chart
Analysis window and click on Insert
Strategy… to access the same dialog.
All supplied Strategies are written in
EasyLanguage and the formulas may be
viewed, copied or modified. From the
Insert Strategies dialog, select the
Strategy and click the Edit
EasyLanguage… button. This will open
the EasyLanguage document for that
specific Strategy.
Note: When you are working in a Chart Analysis window containing multiple symbols, Strategies are
always applied to the first symbol that was plotted in the Chart Analysis window, known as Data1. The
Strategy can reference other symbols on the chart, but orders will be generated only for Data1.
18
Formatting Strategies
To format Strategies, click on Format – Strategies… menu sequence and the Format Analysis
Techniques & Strategies dialog will appear displaying all Strategies. The Status button on this dialog
allows you to turn off any Strategy component that you wish to disable without removing it from the Chart
Analysis window; clicking Status a second time will enable it. The Remove button will remove the
highlighted Strategy from the list.
Each Strategy applied to a Chart Analysis window has its own Format Strategy dialog, containing an
Inputs tab. This allows you to test each Strategy with different Input values. On the Format Analysis
Techniques & Strategies dialog, select the Strategy you wish to format and click the Format… button.
In the Format Strategy
dialog, click the Inputs tab to
make changes to the Inputs
of that specific Strategy.
Click OK, and then repeat the
steps for any other Strategy
you wish to format.
19
Strategy Properties
From the Format Analysis Techniques & Strategies dialog, click the Properties for All… button to set
such Properties as commission and slippage amounts to be used in your back-testing.
Commission and Slippage amounts can be entered per Trade or per Share/Contract. You may also
adjust the strategy trade size by entering the quantity in the box next to Fixed Shares/Contracts or a
dollar amount if using the Dollar(s) per trade option.
Other Properties for Backtesting and Automation may be set here as well.
20
Strategy Performance Report
The Strategy Performance Report provides a detailed view of how well a strategy might have performed
for the period and on the data being tested.
It contains a series of tabbed pages that allow you to view detailed and summarized reports, graphs, and
analysis of all the trades that would have been generated by the Strategy's criteria.
The Strategy Performance Report can be accessed by clicking View – Strategy Performance Report
menu sequence.
It can also be accessed by clicking the Strategy Performance Report button
from the toolbar. The
Strategy Performance Report is only available when a Strategy has been applied to a Chart Analysis
window.
21
Strategy Optimization
Optimization is the process of testing a range of input values for the purpose of fine-tuning a trading
strategy. TradeStation’s optimization feature allows you to test a range of values for any number of
numeric inputs simultaneously. TradeStation will then generate a Strategy Optimization Report displaying
results from these tests.
To optimize Inputs in a Strategy, go to the Format Strategy dialog for the specific Strategy you wish to
optimize, click on one of the numeric Inputs, and then click on the Optimize… button. In the Optimize
dialog select the range of Inputs to test and the Increment to be used in stepping through the range of
Input values.
Once the optimization is complete, you may view an Optimization Report by clicking on View – Strategy
Optimization Report menu sequence. This option is only available after running an optimization.
22
Strategy Automation
A Strategy is considered automated when you apply the Strategy, or group of Strategies, to a live Chart
Analysis window and enable at least the first automation checkbox. As new data is collected, the
corresponding Strategy orders are automatically generated.
To automate the execution of your Strategy orders, click on Format – Strategies… menu sequence and,
towards the bottom of the Format Analysis Techniques & Strategies dialog, you will find the
Automation checkboxes.
TradeStation has two ‘levels’ of Strategy Automation:

Generate strategy orders for display in TradeManager’s Strategy Orders tab
This checkbox, used alone, will track hypothetical positions and create a real-time log of orders in
the TradeManager window but will NOT send orders to the market for execution.

Automate execution using 1234567 account with confirmation On/Off
This checkbox authorizes orders to be sent to the market for execution in the account you
designate. Confirmation On requires that you authorize each order before it is placed.
23
Before automating execution, you will be asked to read the Enable Order Generation disclaimer and
confirm your intention to turn on automated order generation. If you agree, it will apply only to the
Strategy, or Strategies, running in this Chart Analysis window.
To disable Strategy automation you may click on Format – Strategies… menu sequence and uncheck
the Automation checkboxes. A shortcut to disable automation is to right click on the Strategy
Automation indicator SA located at the top left
corner of the Chart Analysis window and click on
Disable Strategy Automation.
To disable Strategy Automation on all Chart
Analysis windows at once, click on the
Lock/Unlock Order Placement button
on the
Toolbar and, in the drop-down menu, click on
Disable All Strategy Automation & Order Entry
Macros.
24
TradeStation Support Resources
The TradeStation Platform Help
The TradeStation Platform Help is accessible from the Help
menu, and from the Help section of the Shortcut Bar.
The TradeStation Help is your ready reference to descriptions
of product features and detailed procedural instructions on
their use.
TradeStation Help provides you with multiple ways to locate TradeStation information.
Contents: This tab groups help topics by category. Click the + to the left of the purple books to expand a
category. Click the – to collapse a category. Click on a topic name to view the related topic.
Index: The Index tab lists keywords and phrases to help guide you to related topics within the Help.
Type a keyword or select it from the list, then click Display to view the related topic.
Search: Use this tab to find occurrences of word(s) within help topics. Once a list of topics is displayed,
you may click on any of the column headers to sort the list.
25
Using the TradeStation Support Center
The TradeStation Support Center offers a variety of account and platform support resources. The
navigation bar on the left has the following sections:

Account Services: Provides you the ability to open and manage accounts, including
access to balances, positions, activity, and other account services.

TradeStation Platform: Download a new version or reinstall TradeStation, change
features and services in your account, and find out what is new in TradeStation as
new versions are released.

Tutorials, Seminars and Books: See next page.

Trading Strategy Resources: The EasyLanguage Library and other analysis
resources.

Support: Discussion forums, FAQs, and more.
The Help section of the Shortcut bar (shown on the right), and the Help menu, contain links to sections of
the Support Center, such as TradeStation Training, Support Forums, and Account Services. These links
will take you directly to those pages, bypassing the main Support Center page.
26
Tutorials, Seminars and Books
This section of the Support Center provides access to a range of TradeStation training resources for
everyone from the new user to the experienced trader.
Tutorials are short audio-visual presentations designed to familiarize you with TradeStation's features:
order entry, market analysis, and the TradeStation environment.
To start a tutorial, click the Tutorials header on the left navigation page in the Support Center and click
the Play button to the right of any tutorial title. To enhance your learning experience, we encourage you to
listen to the audio narration along with the video.
Note: Tutorials use a Flash plug-in and require that a properly configured version be installed on your
system.
27
TradeStation QuickTips offer an easy way to learn about the many advanced features of TradeStation.
Each QuickTip is a short, narrated video demonstration of a spotlighted feature. To view a QuickTip,
click on the Play button to the right of its description.
The LiveOnTheWeb header provides access to web-based classes on a variety of topics. Other
presentations cover a range of topics from basic uses of TradeStation to more advanced concepts and
EasyLanguage. Some include conversations with noted guests: traders, authors, analysts, etc. Click
Schedule to see the list of upcoming presentations and register to attend.
In the On-Demand Catalog you will find archived LiveOnTheWeb classes.
They are organized onto tabs labeled: Essential Tools, Market Analysis,
Strategy Trading, EasyLanguage, and Spotlight On.
Note: Seminars require that a properly configured version of the Microsoft Media Player be installed on
your system.
28
Live Classes and Events are held in our own offices and in major cities across the country. The
purpose of these classes and special events is to help you take full advantage of TradeStation features
including advanced analysis and order execution capabilities, as well as strategy backtesting and
automation. Here you will find descriptions of the classes, class calendar, and registration information.
TradeStation Books displays a variety of books, in hard copy and digital formats, on using TradeStation,
EasyLanguage, and on market topics.
All support, education and training services and materials on the TradeStation Securities Web site are for
informational purposes and to help customers learn more about how to use the power of TradeStation
software and services and to help provide other customer support. No type of trading or investment
recommendation, advice or strategy is being made, given or in any manner provided by TradeStation
Securities or its affiliates.
29

live on the web

Transcription

Similar documents

TradeStation QuickStart

Lesson 6 - TradeStation

Marketplace - Traders.com

MarketGauge Opening Range Success Formula O

Trading floor

Small Business Development Fund

July, 1993 - Stumpf Welding Supplies

live on the web