EdgeWare FastBreak Standard Version 6.2 - Manual (Page 34)

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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
Checking this box will open a file selection menu, and a standard FastTrack signal file
can be selected. The signal files are usually in a separate subdirectory in the FastTrack
directory. This signal file requires a “buy” before any fund, except money market, can be
purchased. When a signal file gives a “sell” funds will be sold ignoring all other rules
including the Min hold rule. All positions will be put into the selected money market
fund. Using a signal file allows the user to include market timing in a strategy. The per-
centage of the investment transferred into money market can be controlled using the
“Market Risk” box that appears. See the next section for a description of this option.
Checking the Use Signal File box will produce the following standard file selection
menu: