EdgeWare FastBreak Pro Version 6.5 - Manual (Page 8)

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Release notes for FastBreak Pro Version 6.3
Version 6.3 allows a user to add FNU and Detail files when the best generation systems
(DFT files) are saved. Read the “Saving Strategies” section at the end of Chapter 8 to
understand how you can take advantage of this new option to more quickly evaluate the
ten best trading systems found by the optimizer. It will allow you to quickly compare the
equity curves of the top ten best systems.
Changes in Version 6.2
This section will cover enhancements in FastBreak Pro Version 6.2 and is of interest to
users of previous versions of FastBreak Pro.
Version 6.2 (V6.2) is the first release version of V6.X. It has exactly the same
functionality of beta V6.1 that some users may have tested.
V6.1 of FastBreak Pro was a beta version that could be run by users of V5. We made the
beta available free of charge for V5 users. V6.1 will continue to function; however, going
forward we will not maintain the beta version. Now that V6.2 is the official release
version any future enhancements or bug fixes will build upon V6.2. If bugs are fixed in
version 5 then upgrades of version 5 will be made, i.e., V5.5, V5.6 etc. Users of versions
prior to Version 6 will need to upgrade if they want to take advantage of any future
enhancements. Our policy is to provide technical support to the most two recent versions,
e.g., V5 and V6.
Trendline Stop and Buy Filters
Version 6 provides trendline Buy Filters and Sell Stops. Trendlines are one of the oldest
and still most useful technical analysis tools. Trendlines can be used to determine when a
stock or mutual fund has broken down in an upward move, i.e., used as a sell Stop, or
trendlines can be used to determine if a downward move has ended and it is safe to buy,
i.e., Buy filter. The vast majority of trendline users use a manual method to draw the
trendline on a paper chart or a computer screen. Programming a computer to calculate a
trendline that a human brain can draw in a few seconds is a daunting task; however, there
is a tendency when manually drawing trendlines to “force” the line to other expectations.
A mathematical algorithm is not subject to such expectations, but at the same time cannot
“see” other potential complications and complexities.
The optimizer in FastBreak Pro will help determine if a trendline Buy Filter or Sell Stop
is effective. It will determine if a logarithmic or arithmetic trendline is most effective,
and determine the parameter that controls the way the trendline is calculated.
Adding trendlines to the Buy Filter and Stops required changes in the layout to a number
of display screens, but you should quickly become comfortable with the new layout.