EdgeWare FastBreak Standard Version 5 - Manual (Page 42)

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Note: When this option is selected, a check is made before a fund is purchased to verify
that its short EMA is trading above its long EMA. This is done because it would in-
stantly be sold the next day if this were not the case.
Adjust Trailing Loss
This option is very similar to the Adjustment factor covered earlier on the Strategy tab.
The intent is to adjust the Trailing stop loss if market conditions are different. For exam-
ple, in the above case SP-CP (S&P 500 index) is chosen as the index, with a 0.5 factor
and an EMA Days of 200. As long as SP-CP is trading above a 200 day EMA the user
defined Trailing Loss value will be used (16% for example). If, however, the SP-CP
drops below its 200 day EMA then the 0.5 adjustment factor will be applied, and the
Trailing Loss value will now be 8%. If the strategy uses both periods for the stop, then
the adjustment factor will be applied to both Trailing Stop Loss values.
Any index, fund, or user defined FNU file can be used in the Index.
Adjust EMA Stop
This option is very similar to the Adjust Trailing Loss option just covered. The only dif-
ference is that the adjustment factor is applied to the Exponential Moving Average stop
value. Note: This adjustment does not affect the EMA Crossover stop.