EdgeWare FastBreak Pro Version 6.2 User Manual
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wants to force this filter to be used the Force Use box can be checked. This will make
every strategy that the optimizer tries use this option. If the Force Use box is checked, it
does not matter if the Correlation Buy Filter box is checked or not. The user may want to
force the use of this option if the strategy developed is to have a maximum correlation
with a particular market index (See the Genetic Algorithm Screen options soon to be
covered). The only way to control the correlation of a strategy is to filter the funds
purchased; therefore, it makes little sense to consider strategies that don’t use the
Correlation Buy Filter.
Note: Do not confuse the Correlation Buy Filter with the
Correlation between funds held option covered earlier in this chapter.
To consider a Beta Buy Filter use the following:
FastBreak Pro will determine both the maximum beta filter value and the period over
which the value is to be calculated.
See the Correlation Buy Filter guidance on the Force Use box. This guidance will be
similar if the user wants to control the maximum beta of the final strategy.
Users have the beta calculated in the traditional manner, i.e., with correlation, or a non-
correlated beta. The user must select one or the other version of the calculation. The
optimizer will try only the version selected.