EdgeWare FastBreak Standard Version 6.5 User Manual
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Buy Filter Tab
This tab contains filters that can be applied to a fund prior to purchase.
As FastBreak considers a fund for purchase, the fund will need to pass any filters acti-
vated on this tab. These filters are not to be confused with the similar stops. The filters
are only considered during the fund purchase process. In the Stop Loss tab, a fund will be
checked against the stop during the purchase phase and each day the fund is held. It is
acceptable to use similar buy filters and stops with different values. For example, a 50
day EMA value could be used as a buy filter and a 150 day EMA used as a sell stop.
The intent of some of the filters is to help confirm that a fund is in an up trend. Other fil-
ters help control the volatility and other aspects of the trading system.
Parabolic Buy Filter
If this option is selected, the fund being considered for purchase must be above the para-
bolic curve prior to purchase.