EdgeWare FastBreak Standard Version 6.5 - Manual (Page 50)

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EMA Crossover Buy
This option is very similar to the Exponential Moving Average Buy Filter except the fund
NAV is smoothed with a Short EMA value, and this Short EMA must be trading above
the Long EMA to be available for purchase.
Trendline Buy Filter
This is the Trendline Buy Filter option. It will only purchase a fund when the fund trades
above its trendline. See the Appendix A for details of how FastBreak calculates trendli-
nes. The Size text box is used to control the significance of the price dips used to draw
the trendline. If a small value is used then smaller price dips will be considered signifi-
cant and shorter term trendlines will be drawn. If larger values are used then larger price
dips are required before they are determined to be significant enough to anchor the trend-
line and the trendlines will capture longer term trends. Reasonable values are 0 to 15 for
size.
FastBreak can calculate either logarithmic or arithmetic trendlines. The type is deter-
mined by the Use Log Trendline option on the Strategy Tab.
The trendline calculation is very computational intensive and if you have a large trading
family you will notice a significant increase in the time it takes to evaluate a strategy
when using this option.
Adjust Beta Buy Filter
This option is very similar to the stop adjustment covered earlier. The intent is to adjust
the beta buy filter value based on when an index crosses below its EMA value. In the
above example if the SP-CP falls below its 200 day EMA then a factor of 0.5 will be ap-
plied to the user defined beta filter value. The factor can be greater or less than 1.