EdgeWare FastBreak Standard Version 6.5 - Manual (Page 34)

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Buy Min, Buy Max, Buy Delta, Alpha index
Sell Min, Sell Max, Sell Delta
Note: These parameters are only visible if Buy and Sell using Alpha has been selected.
See Appendix A for a complete discussion of this strategy. Min and Max Buy Period de-
scribe the range of look-back periods to calculate alpha for buying a fund. Delta is the
size of the increment to use in the testing range. Min and Max Sell Period describe the
range of the look-back period to calculate alpha for selling a fund. Delta is the size of the
increment to use in the testing range. Alpha index is the index to use to calculate alpha.
The default is the S&P 500 index (SP-CP in FastTrack); however, any index, fund, stock
or FNU file can be used. Note: You must select an index that is available from the Start
Date plus going back additional days to account for the maximum ranking period you
expect to test.
User Min Hold
This is the minimum number of days to hold a fund that has been purchased. Some funds
have short term trading fees if the funds are held less than a prescribed minimum number
of days. Setting Min hold to this number will force the trading strategy to hold the fund
for at least this minimum number and avoid the trading fee. Note: User Min hold is in
calendar days not market days.
There are two situations when Min hold will be violated. First, if a signal file is used and
a signal is given to sell, all held funds will be sold into the money market fund even if the
funds have been held less than the minimum number of days. Second, if a fund hits one
of the stop loss functions, the fund will be sold even if held less than the minimum num-
ber of days.
STRF Min hold