EdgeWare FastBreak Standard Version 6.5 - Manual (Page 11)

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o Adjust the Beta Buy filter value based on market conditions or external file
input.
o Adjust the EMA Buy filter value based on market conditions or external file
input
 Beta buy filter can now be a non-correlated beta as an option. Beta is the ratio of the
volatility of a fund divided by the volatility of an index (typically the S&P 500), mul-
tiplied by a correlation value between the fund and the index. If a fund has a low cor-
relation to the index it can have a low beta but be a very volatile fund. An example
would be a gold fund. Gold funds have a low or even negative market correlation and
yet are very volatile. Filtering on standard beta may not filter out a gold fund. Using
the non-correlated beta filter allows a user to mix a wide range of fund types includ-
ing those that may not have a high market correlation value, e.g., bonds, international
etc., in a trading family and have the ability to filter those with high volatility.
 Improved the BOSS stop option to be more effective with some ranking methods.
 Ability to begin the effectiveness of a stop option later than the first day. Previous
versions required the stop to be in effect on the first day a fund was purchased. Some
users have the requirement to hold a fund for a fixed number of days after purchase.
They can now start a stop after this number of days.
 Ability to search the Buy and Sell ranking list by fund symbol. Some users have very
large trading families and it is difficult to locate a particular issue in the ranking list.
This option allows the user to do an efficient search for the fund symbol.
Additional Changes between Version 2 and Version 5
Note: You can load trading systems developed with Version 2 of FastBreak into this
new version, however, the first time you load an old trading system you must input the
beta /correlation index and calculation period on the Funds/Index tab. After you have
entered this information you will need to resave the DFT file.
 Load all three FastTrack databases at the same time
 Batch mode
 Alpha ranking
 Breakout Optimization Method (BOOM)
 Better Opportunity Sell Signal (BOSS)
 RSI stop
 Numerous buy filters: EMA, parabolic, RSI, beta, and correlation
 New information in summary and detail files
 Enhancements to adjustment factor options
Because of changes in program calculation logic you may see changes in results from
your trading systems developed with prior versions of FastBreak. This is why we rec-