EdgeWare FastBreak Standard Version 5 User Manual

Page 41

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Min ROR Sell Filter

This option will sell a fund that drops below a user defined minimum annualized rate of
return percentage over some user defined number of market days. For example, a user
may not be interested in holding a fund that has an annualized rate of return that is less
than a money market.

Note: When this option is selected, a fund trading at or below the specified ROR will
not be purchased even though it may be ranked very high in the trading family. This is
done because it would instantly be sold the next day.

Wilder RSI Stop


This stop option uses the very popular Wilder RSI (I chart in FastTrack) as a stop. This
stop is selected like most of the other available stops. The Period (this is commonly set
to 14 days, but some traders have found other periods to be very useful) and the trigger
point (many traders have found the 50% level to be a good sell point, but again, other
values have been found to be useful) must be set.

Note: When this option is selected, a fund trading at or below the specified RSI will not
be purchased even though it may be ranked very high in the trading family. This is
done because it would instantly be sold the next day.

EMA Crossover


This is the exponential moving average (EMA) crossover and is similar to the standard
EMA stop. It will sell a fund when the fund’s short EMA goes below its long EMA. For
example, if a short EMA of 5 (trading) days and a long EMA of 50 (trading) days is used,
the fund will be sold when the 5 day EMA drops below the 50 day EMA. For a defini-
tion of exponential moving average see FastTrack Help.

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