EdgeWare FastBreak Standard Version 6.5 - Manual (Page 36)

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while it is in position 1-14 (Top 50%) in the rank list. If the fund falls in the range of 15
– 28, it will be sold. If the trading family contains 30 funds, but only 24 are available
early in the testing period, Top% is applied to 24 during that early time period. See Fast-
Break Calculation Details chapter for additional information.
# funds
This is simply the number of funds the investor wants to hold at any given time. Adding
additional funds to a strategy usually hurts return performance, but can decrease volatility
and reduce drawdown.
Use Log Trendline
Trendline generally come in two “flavors” e.g., logarithmic or arithmetic, and FastBreak
has both available. There are advantages and disadvantages to each. Logarithmic are
generally recommended, but see FastTrack Help for more information. If you check the
Use Log Trendline box then FastBreak will use logarithmic trendlines for BOTH the
Trendline Buy Filter and the Trendline Sell Stop options.
Trading Days
Use this option to determine how often you want your strategy to trade. Selecting Daily,
the most common choice, will allow the strategy to trade on any day. Selecting Weekly
will only allow the strategy to signal trades on Friday close only. Many users like this
option because the weekend is the only time when they have an opportunity to look at
their investments. Any signals given would then be executed on Monday. User Defined
Days allows the user to select any number of calendar days. For example, some users
only like to trade on an infrequent basis because of investment plan restrictions, for ex-
ample. If you are interested in trades taking place only about one per month then use a
value of 30-31 days in this field. Note: This value is input in calendar days and not
market days. Also, this option does not affect the stop loss or signal file trades. A trade
due to a stop loss or signal file trade can be generated on any market day.
Use signal file