EdgeWare FastGraph Version 3 - Manual (Page 23)

23
7.0 Analyzing FastWays Output
FastWays is a FastTrack add-on product (see Resources Chapter for more information)
that can evaluate a variety of FastTrack functions: AccuTrack, Stochastic, Moving Aver-
age, and MACD. FastWays output can be analyzed in a graphical manner to help select
optimum/robust parameters. Note: When running FastWays select the “Fixed length”
type for file output.
FastWays Example #1 - AccuTrack
One popular FastTrack trading strategy is to switch between energy funds and transporta-
tion funds using AccuTrack. These two sectors of the market often move opposite to
each other and it is often better to be in one or the other. One question the investor may
have is it better to switch between Fidelity Select Energy and Select Transportation, or
switch between Select Energy Service and Select Transportation? With this in mind
make two FastWays runs: Run #1 will use AccuTrack switching between Select Energy
and Transportation, and Run #2 will switch between Select Energy Service and Transpor-
tation. Make both FastWays runs with a range from 5 to 50 on AccuTrack parameter one
and parameter two. The time period for this example is 12/30/88 - 12/21/96.
Once the two FastWays runs have been made load the data into FastGraph. Next, select
the “Sort All” icon and sort based on Ra in decreasing order. Now use the “Graph” icon
to get the following graph: