HedgeTools User Manual - Cypress Point Technologies
Contents
1. h 59 ERE Next Previous Last so o l OP eres s Di Be Mein R 124 3 4 k r Trending Up Nov 02 2009 13 0 0 Vol 0 59M Last 21 40 Chg 0 70 so 119 First Next Last p 70600 r Trending Down 1 7 Fit ne LCAPA T 464 00 W 2 80 WR 0 56 Previous Last Continue aka he ewww T T Tr T T TI 1 2 BT TE 2 3 4 5 6 7 Liberty Media Corporation Capital LCAPA Momentum Chart The purpose of the Momentum chart is to augment the Equivolume chart The intent of this chart is to show short term momentum swings in each stock Momentum changes are denoted by red arrows on the momentum model shown as a Dark Cyan line Momentum changes are close to Buy Cover and Sell Short indicators The strategy is to trade the momentum changes Arrows at the top of a trend are Sell and Short trades The trend is monitored until the trend again reverses This is indicated by a red up arrow on the model curve A Cover and Buy order is then executed near this trend reversal The Momentum chart shown above contains 480 dot summaries with 4 dot summaries per day Therefore the above chart contains 120 days of data Today s dot summaries can be seen in the Trade chart lower right Four samples are taken each day Each sample is contained in a colored rectangle The computer color name for each rectangle is Dark Cyan Because the open is very noisy the first dot summ2. Portfolio Balance 109 161 78 P A el ela a H 30 60 90 12 Days In Portfolio The Probability of success was 77 38 The accumulated net profits of each trade resulted in a net total of 109 161 76 26 HedgeTools User Manual Copyright 2008 2013 Summary The advantages of the HedgeTools system are 1 No software is installed on your local computer The HedgeTools application is accessed via the Internet using Windows Vista or Windows XP using the Remote Desktop application You have direct access to our server A high speed network is not required 2 HedgeTools is an intuitive collection of programs all contained within a single application 3 HedgeTools gives the analyst a real time view of how money is flowing into stocks on the NYSE and NASDQ exchanges Our charts show the analyst what stocks and industrial groups are important during the trading day The HedgeTools system is constantly evolving and updates to the system are transparent to the analyst 27 HedgeTools User Manual Copyright 2008 2013 Appendix A How to Access the HedgeTools Application The HedgeTools application resides on the desktop of the Cypress Point Technologies server CypressPoint com It is accessed via Remote Desktop from any computer on the Internet that is running Windows XP or Windows Vista How to Launch the HedgeTools Application To access the HedgeTools server desktop from your computer please do the following steps 1 From
3. Symbol RDY Display Refresh l Big Boxes x Enter a Symbol or choose a group B we Rek F 5 5 wow ses esr GTXI wea wK roy Zine ce g s a2 XING Hesi sre exc Fee DNP aav Nov 02 2009 13 0 0 Vol 2 16M Last 22 85 Chg 1 20 7 an Ge or ee 7 Or Te s TA AA Limited R An There are three main areas of the charting window On the top you will see an Equivolume chart for RDY When you first enter the Equivolume page a chart is automatically displayed In this example the second Big Box chart is selected with the symbol RDY You can also display a chart for RDY by entering the symbol into the Symbol text box and hitting the Enter key or by pressing the Display button next to the Symbol box Shown in the lower right side of this page is a trade chart for RDY On the trade chart dots represent the trades during in the trading day Below each trade dot is the volume for that trade You may also see a red arrow and a label of News This means that there was a news item for the stock and the news announcement occurred at the time shown by the position of the red arrow The news headline is shown in the message bar at the lower left side on the page For more details you can click on the News tab 5 HedgeTools User Manual Copyright 2008 2013 Buttons Panel On the Buttons Panel of the Equivol page you will see four tabs Scan Buttons News and Clean Buttons tab On the Buttons ta
4. Each trade in the simulation will be about 10 000 00 as shown in the Amt text box Each trade will also deduct a commission of 19 95 each way The Step and Step buttons moves the chart forward or backward on time period The Continue button will cause the computer to step forward until you reach the next trend reversal The Momentum chart will update each step showing you all the detail as you move forward in time Hitting the Continue button again will move to the next reversal The Next button moves to the next trend without showing all the intermediate steps When the next reversal is reached the chart will show you the new results Each time you move to the next reversal the Profit chart lower right will display the results of the round trip trade A dot will appear on the Profit chart The horizontal axis shows the amount of time the trade took to complete The vertical axis shows the next profit or loss of the trade Shown below is the result of a complete run for stock A Jaz Meters Equivol Momentum Movers Trenders symbols Back Test Help n May Jun Jiy Aug Sep Oct Nov From 5 14 2009 Agilent Technologies Inc A Scientific amp Technical Instruments To 11 2 2008 Rank 6 Stdev 310 32 Net Gain 74 MktCap 8540 00 Equivolume Candle Momentum Add Watch Long Add Watch Short Start Date Reset Date 500 Dots Ago Reset Amt 10000 Comm 19 95 Symbol A Display Step
5. Candle Momentum Add Watch Long Add Watch Short Broadcasting Radio Diagnostic Substances Real Estate Development Copper Building Materials Wholesale Drugs Generic Jewelry Stores Personal Products Wholesale Other Drugs Wholesale Farm Products Closed End Fund Foreign Gaming Activities Auto Manufacturers Major Beverages Soft Drinks Farm amp Construction Machinery Rubber amp Plastics Agricultural Chemicals P Seong Sones Stores olution amp Treatment Controls Stocks Groups J Detail Hospitals Nonmetallic Mineral Mining ETF Diversified Emerging Markets Today s Movers The intent of this application is to show a chart of all industrial group performances as well as the top bottom individual stock percentage gains losses for today The panel in the lower left part of the page contains a pull down menu of all the industrial group descriptions Below this menu is an area that will contain a button for each stock in the group when a group is selected The group and individual stock performances are computed at the top of each hour during the trading day The latest results are shown in the chart to the right of the buttons panel As you can see in the figure above the group performances are sorted in descending order from best to worst Use the scroll bar to move down to the bottom of the performance chart For example clicking on the down arrow of the drop down menu
6. I Back Test Split Adjust Downloads Clean 7 10 14 5 57 53 Lst 4397 04 Chg 22 23 Mar Apr May E Commerce China Dangdang Inc DANG Catalog amp Mail Order Houses Rank 4 MktCap 961 13 Stdev 0 45 Net Gain 105 12 4 5 6 7 NASDQ Composite Index COMPXX Symbol Display Long Env Short Env Prune Prune Init v All V Run Long Prune No Model Bayes PM Eureqa Bottle Rocket 20 30 40 50 60 70 Vol Inc 100 Min Vol 14100 ES Min BB 0 1 MinEnv 10 Width 40 All NASD Slope 0 0 Chart Slope 1 momentum aroc 12 0 5 Scan Cancel Debug Vol 3 92M Last 11 56 Jly 09 2014 6 30 0 V Use Today s data _ Optimize Start 07 09 2014 3 End 07 09 2014 EAT Kiz ea ee ea ee FERT i a al ee ea oa IT 1 2 3 4 5 6 7 1 2 3 4 5 6 Next Save False Pos E Commerce China Dangdang Inc DANG Rank 4 E Commerce China Dangdang Inc DANG Rank Slope lope 07 10 2014 DANG 1 Vol Inc 17 0 BigBox 0 32 Momentum 206 0 Up Momentum 56 5 AROC 0 2 DANG isPat True max gain 8 4 goal True Mom Chart Slope 0 044 NASD Slope 806 130 5 NasdChg 64 3 NasdTrin 0 82 Vix T 7 4 The Day Momentum application is used to scan the database for stocks that m
7. Step Continue Next Run Run All T iia D oo wo a N N Profit bu gi N j a o Lahana al Prob 100 00 Trade Profit 0 00 in 0 days Net 8 560 49 Pet he hae he Ee Perk ita T1I e 12 24 36 48 Days In Portfolio ES o A T 462 00 W 2 20 WR 0 43 As you can see there were eight trades The net amount of each trade was added to a Net total In the Profit chart above the result of the eight trades was a net profit of 8 560 49 The probability of success is shown to be 100 This is defined to be the total number of positive trades above the zero line divided by the total of all trades This number is the multiplied by 100 25 HedgeTools User Manual Copyright 2008 2013 In the third row of the options panel is a group box labeled Run All The numbers before the All button is the range of stocks that BackTest will use to compute the performance The default setting of 1 and 10 means that BackTest will run through the first 10 Trending stocks and produce the results in the profit chart Clicking the All button will begin the analysis Each time BackTest finds a round trip trade a dot will appear in the Performance chart This takes about 2 minutes to complete the run The results are shown below O Li N e o co N Profit pe ri _ pm com j q aa __ zu TE _ Probability of success 77 38
8. User name Your Login ID Password j Cancel Shut Down Options lt lt After a successful login you will be looking at the desktop of our server After a few seconds the HedgeTools application will automatically appear 30 HedgeTools User Manual Copyright 2008 2013 31 HedgeTools User Manual Copyright 2008 2013 Appendix B The Arms TRIN index 32 HedgeTools User Manual Copyright 2008 2013
9. button for the stock in this panel Likewise with stocks that have a recent down arrow Buttons Panel Buttons tab Portfolio Items In the Buttons panel you can select the Portfolio item from the drop down menu You can add or delete symbols that are in your portfolio Simply enter a symbol in the Symbol Text Box and hit the Display button This draws the charts for this symbol and verifies that this symbol is in the database To delete a symbol from your portfolio click on its button so that the symbol is entered into the Symbol Text Box Then click the Delete button You will see that the button for that stock disappears In the example shown below you will notice that the button labeled AGYS has a yellow background This is a warning that AGYS is also in the Trend Reversing Up or Trend Reversing Down list Stocks in these lists are possibly changing the direction of their trend The yellow button indicates that since this stock is in your portfolio you should be ready to sell or cover this stock position Buttons Scan News Clean Symbol Display Add Delete Portfolio u Enter a Symbol or choose a group Buttons Panel Scan tab The contents of the Scan tab are shown below 12 HedgeTools User Manual Copyright 2008 2013 Trends Buttons Scan Symbol fia Display Rank o 10 Price 2 0 500 0 min Mkt cap 0 0 Start Cancel First Previous Next You can manually bring up a chart
10. by entering a ticker symbol into the Symbol box and clicking the Display button When this page first appears the first symbol in the database is entered into the Symbol box You can also reset back to the first stock in the database by clicking on the First button bottom row You can also step through the stocks in the database by clicking First Next and Previous The Start button starts a scan through the database for all stocks that have a momentum change i e a trend reversal or stocks that are currently trending up or down During a scan the text on the Start button changes to Next New At any time you can abort the scan by hitting the Cancel button After a stock is found and displayed the Start button changes to Next New You can continue the scan by clicking on this button The Previous and Next buttons step forward and backward though the stocks in the database If you have the time and patience you can manually step though each stock in the database using these two buttons DayMomentum Chart The motivation behind Day Momentum is to see if we can capture part of the sudden increase in volume that produces an Equivolume Big Box To do so we need to extrapolate today s volume price during the day to estimate if a Big Box is being formed In the chart below you will see the DayMomentum screen 13 HedgeTools User Manual Copyright 2008 2013 Meters Day Momentum Momentum Equivol J Movers Trenders I Symbols Help
11. stock button to bring up charts for that stock In the figure below CDE was selected in the table The trade chart as well as the Equivolume chart appeared You can see that percentage gain for CDE was 6 67 17 HedgeTools User Manual Copyright 2008 2013 Ml Movers Detail E Company Coeur d Alene Mines Corporation Hecla Mining Company Pan American Silver Corp Silver Wheaton Corp Silver Standard Resources Inc Silvercorp Metals Inc May Aug Nov From 5 15 2009 Coeur d Alene Mines Corporation CDE Silver To 11 3 2009 Rank 0 Sidev 517 2 Net Gain 157 MktCap 1510 00 C Equivolume Candle Momentum Add Watch Long Add Watch Short Textile Manufacturing COE HL PAAS siw Silver Small Tools amp ARLES SSRI suv ol T Ea Railroads REIT Office Resorts amp Casinos Residential Construction Nonmetallic Mineral Mining Publishing Newspapers Surety amp Title Insurance ETF Specialty Precious Metals Paper amp Paper Products Publishing Periodicals Basic Materials Wholesale Lodging REIT Hotel Motel Auto Dealerships u vanen pbolenccs achine Tools amp Accessories Stocks Groups IV Detail men Restaurants i 2 A 5 e Li ental amp Leasing Services i Trend average 9 69 Diagnostic Substances Coeur d Alene Mines Corporation CDE The performance rectangles in the Movers chart are computed as fo
12. the Start gt Programs gt Accessories menu choose Remote Desktop Connection 2 When the Remote Desktop Connection dialog box appears enter the name CypressPoint com An example of this screen is shown below 4 Remote Desktop Connection A A Remote Desktop ty Connection CypressPoint com Username None specified You will be asked for credentials when you connect cet o _oxere gt gt 3 Click on the Options button to expand this dialog box Click the Display tab 28 HedgeTools User Manual Copyright 2008 2013 fu Remote Desktop Connection a Remote Desktop Connection lt amp Show above the size was set to Full Screen normally run with this setting However if you want to see your own desktop set the size to less than Full Screen By doing this the toolbar on your desktop will still be visible after you connect to our server This will allow you to run your favorite screen capture program to get a hard copy of the HedgeTools screens 4 Click the Experience tab The dialog box will appear as shown below fu Remote Desktop Connection a Remote Desktop _ Connection Ej Bj M M M M M From the pull down menu choose the speed of your Internet connection 29 HedgeTools User Manual Copyright 2008 2013 5 If you are on Windows 7 please also click the Advanced tab On the Pull down menu select Connect and don t warn me At the bottom of the
13. Advanced tab click the Settings button The additional screen will appear as follows emote Desktop Connection fats Gateway Server Settings Remote Desktop a Remote Desktop Connection General Display Local Resources f r Server authentication Server authentication verifi intended remote computer Use these TS Gateway server settings to connectis determined b Sewername monterey Ifthe actual verification dot Logon metodi Ask for password NTLM z BI Bypass iis G ET WE VSETVA NG dead addresses Connect and don t warn m Do notuse a TS Gateway server What ar server auther m Connection settings Automatically detect TS Gateway server settings m Connect from anywhere j Eouon sengs ig Configure settings to conn WSer Heme None spected a working remotely We Gateway SETVEY will nat be used to conhectto the remote computer Settings JM T SE VI Gateway credentials tar HE remote computer ox Cancel Make sure the Automatically detect TS Gateway server settings is selected Click the OK button to close the dialog 6 You are done You can now click the Connect button Login Dialog Box After you successfully connect to the CypressPoint com server a Login Dialog Box like the one shown below will appear Enter your User name and Password and click the OK button Log On to Windows J Standard Edition Copyright 1985 2003 Microsoft Corporation
14. Hedge Tools User Manual A real time monitoring and analysis of the stocks on the NYSE and NASDO exchanges Last update July 10 2014 Charles Brauer Cypress Point Technologies LLC Carmel California 93923 Copyright 2008 2013 HedgeTools A real time monitoring and analysis of the stocks on the NYSE and NASDO exchanges Overview The HedgeTools system is a series of Tools that give the Hedge Fund manager a real time view of what is occurring on the NYSE and NASD exchanges The applications in the HedgeTools system is an implementation of the Arms Equivolume charting system as well as a custom momentum model of the market The Equivolume Charting system includes e Big Box notification This is a real time monitoring of large Equivolume boxes that are occurring during the trading day e Equivolume screens for Ease of Movement e Momentum screens that allow the researcher to find momentum trend reversals 2 HedgeTools User Manual Copyright 2008 2013 HedgeTools Program Splash Screen When the HedgeTools application is launched a splash screen appears while the program is loading The splash screen looks like Welcome to HedgeTools After a few seconds the splash screen disappears and the HedgeTools main screen appears Market Meters The main screen of the HedgeTools program begins with the Meters page as shown below 3 HedgeTools User Manual Copyright 2008 2013 la HedgeTools a ie
15. ars 4 The stock today has a trade within every 1 minutes Symbol changes occur at the rate of about one day Companies merge or are de listed and new companies now meet the criteria 22 HedgeTools User Manual Copyright 2008 2013 To sort the columns on the table just click on one of the column headings For example clicking on the Company heading will short the table by the stock s company name Clicking one more time will change the sort from ascending to a descending sort 23 HedgeTools User Manual Copyright 2008 2013 BackTest Tab When you click on the BackTest tab the BackTest application will appear in x Meters Equivol Momentum Movers Trenders Symbols Back Test Help Feb T Mar T Apr Jun Agilent Technologies Inc A Scientific amp Technical Instruments To 6 16 2008 Dec From 12 23 2008 Rank 9 MktCap 10330 00 Stdev 0 39 Net Gain 75 74 Min 47 Equivolume Candle Momentum __ Add Watch Long Add Watch Short Start Date S00 Reset Date 500 DotsAgo Reset amt 10000 comm 19 95 Symbol A Display Step Step Continue Next Run r Run All Tel ay a LL a UCTOUUUHUOHOOUOROUNODUDI n Profit o tn 6 TET TI TTTT E werr TAET o 5 10 15 20 Days In Portfolio A T 468 00 W 1 50 WR 0 22 The first Trending stock in the database will appear As of this writing there are 512 trending stocks out of a
16. ary is taken 10 trades into the trading day The second and third samples are 1 3 and 2 3 into the trading day The last sample is at the close A proprietary model is shown on the Momentum chart as a Dark Cyan line through the dot summaries Also shown are two red and green bands These bands are centered on today s last price The height of each band is a 5 net profit Shown in the chart above is a short sale potential The red band is above the last price to show a loss of 5 and likewise the green band shows how far the stock 11 HedgeTools User Manual Copyright 2008 2013 would have to fall for a 5 net profit Although it may not be immediately obvious from looking at the Momentum chart above the vertical scale is logarithmic This means that a percentage distance is constant in the vertical dimension The profit loss color bands are shown to give a quick visual indication of the potential short term profit loss relative to today s last price Buttons Panel Reversal Up or Reversal Down When you first enter the Momentum display the Reversal Up tab will show some buttons These buttons will appear as a result of a background process that is running on the HedgeTools server This process runs four times per day The process runs just after each Dot summary appears on the Day trading chart The background process looks for stocks that have a recent up arrows or down arrows When the stock is found the Reversal Up tab will add a
17. b page there is a text box that allows you to enter a ticker symbol To draw the Equivolume and Trade chart either hit the Enter key or click on the Display button Below the symbol box you can see a drop down menu An example of this menu is shown below Buttons Scan News Clean Symbol LCC Display 2 Major Airlines gt Enter a Symbol or choose a group gt Log 21 8 a aS A C fw f aR ca o TAM uaua pe i sa 2 Jiy 23 2009 13 0 0 Vol 16 7M Last 2 78 Chg 0 50 218781 i Ly 7 US Airways Group Inc LCC Shown above is an example of the menu There are five default items in this menu Big Boxes Watch Watch Longs Watch Shorts Portfolio Below these items are industrial group headings When you select one of the menu items the buttons for each of the stocks in that group will appear and the first button will be highlighted and the charts will appear You can use your mouse to select the buttons and this will draw the chart for that symbol You can also use the right arrow on your keyboard to bring up a chart for the next button The left arrow gives you the previous chart The up and down arrows are used to select the previous and next menu item Personally I find the arrow keys to be faster than mouse selection Correlating News with Market Activity Along with the trade and summary data for each stock we also store news items that come to us from our data provider S
18. bout 3 000 stocks in the database These stocks can be found in the Trends panel of the Momentum tab In the BackTest application we are concerned with the quality of the trend reversal marks BackTest assumes that we will always be in the market An uptrend mark up arrow means that BackTest will cover a previous down reversal down arrow and the immediately go into a long position The next trade will be to sell at the next down trend reversal and again immediately go short The Start and Reset dates shown as 500 are the starting time period for the BackTest run At any time you can hit the Reset button to reinitialize all the data back to this start date Remember that there are four dot summaries per day Six months is about 120 market days Therefore a start date of 500 is a start date of about six months ago You may be wondering why the Start Date and Reset Date textboxes are grayed out This means that they are not editable The reason for this is because the Trending stocks model is optimized for the values shown in these two boxes The Trending model is optimized by a process that runs outside the HedgeTools application and the values in these two boxes are chosen at that time The Symbol box allows you to enter a stock symbol You can enter another trending stock by editing the entry in the Symbol box currently it contain symbol A which is the first trending stock in the database 24 HedgeTools User Manual Copyright 2008 2013
19. ctrical Equipment 42320 00 AmerisourceBergen Corp Drugs Wholesale 7110 00 Advisory Board Co Research Services 412 94 ACCO Brands Corporation Office Supplies 375 99 Arkansas Best Corporation Trucking 692 11 Asbury Automotive Group Inc Auto Dealerships 370 54 Ambac Financial Group Inc Surety amp Title Insurance 250 20 ABM Industries Inc Business Services 1020 00 Abiomed Inc Medical Instruments amp Supplies 336 24 Abbott Laboratories f Drug Manufacturers Major 83180 00 Companhia De Bebidas ADR Reptg One Pref Beverages Brewers 60820 00 Barrick Gold Gold 41960 00 ACADIA Pharmaceuticals Inc Biotechnology 45 15 American Capital Strategies Ltd Closed End Fund Debt 836 91 American Campus Communities Inc REIT Residential 1420 00 Property amp Casualty Insurance 16420 00 ACE Limited This application is mainly used to edit the company name and industrial group descriptions The other fields shown above are automatically set by other programs As of this writing there are about 3 000 stock symbols is the database New symbols are added under the following criteria 1 Today s closing price is between 4 and 800 Dollars 2 The average daily volume for the last quarter is at least 200 000 3 The market capitalization is at least 200 million doll
20. d 2010 12 10 12 18 45 Last 2635 27 Chg 19 16 1 2 3 5 6 7 Dow Jones industrial Average INDU_X NASDO Composite Index COMPX X g 2010 12 10 12 16 24 Last 1238 75 Chg 6 09 2010 12 10 12 18 36 Last 776 42 Chg 9 07 FERREE PIERE S E i reret ETETE T 1 2 3 4 5 6 7 1 2 3 4 5 6 m Standard amp Poors 500 Average SPXXO Russell 2000 Index RUT X At present there are only Four meters that show the NYSE TRIN NASD TRIN S amp P TRIN and the Russell 2000 TRIN The TRIN index was invented by Richard W Arms Jr For more information on the TRIN indicator click on the Help Tab and then on the Launch Reader button under the Arms TRIN Calculation Also shown next to each meter is a chart of the underlying index 4 HedgeTools User Manual Copyright 2008 2013 Equivolume Tab Select the Equivol tab to enter the Equivolume Charting system An example of this page looks like the one shown below W HedgeTools E iol oj xj Meters _ Equivol Momentum Movers Trenders Symbols Back Test Help 3 18 o T may T Jun T uy T aug sep oct Nov Dec Jan Feb Mar Apr May Jun T wy TAug Sep Oct Nov From 4 8 2008 Dr Reddy s Laboratories Limited ADR RDY Drug Manufacturers Other To 11 2 2008 Rank 8 Big Box 4 65 Equivolume Candle Momentum __ Add Watch Long Add Watch Short Buttons scan News Clean
21. eet buy criteria early in the morning The panel at the lower left allows the user to input parameters that affect the model The Scan and Cancel buttons are used to start and stop the scan When the Day Momentum application finds a stock that meets the model criteria the scan is paused and charts appear The DayMomentum application consists of four charts The chart at the top left is a day chart of the NASDQ Each dot on this chart is a one minute summary The smooth cyan line is a model of the price The chart at the top right is the Momentum chart that we discussed in the previous section There are two charts at the bottom On the bottom left you will see yesterday s day chart On the bottom right is what s happening now Of particular interest are the green LED lights below the company name This is the output of our day trading model The model is evaluated six times during the morning 16 21 31 41 52 and 61 minutes into the trading day A gray LED says that the model did not return a vote A green LED says that the model recognized a trending pattern and the trend went on to meet the goal of 2 5 profit A red LED means that a trending pattern was recognized but the trend has not yet reached a goal Notice a red horizontal line at 61 minutes into the trading day This indicates how long the trade was in the portfolio before the 2 5 goal was met The panel on the lower left shows some parameters that control the database scanning proce
22. ems on this panel are used to screen the database for Equivolume Ease of Movement and Big Boxes For more information on the theory behind these screens please refer to one of the many books by Mr Arms Along the bottom of this panel are buttons that let you step through all the stocks in the database To start at the beginning click the First button Next and Previous buttons stop forward and backward one stock at a time Clean tab This panel contains options that are used by Administrators of the database These options are used to clean the databank In this mode all stocks are scanned for bad data usually outliers that are transmitted to us from our data provider Shown below is an example of a suspected outlier Scan Buttons News Clean iz I7 Stop Trading IV High Lowerrors IV Outliers I Use Archive I New Stock REREN Er as 2 Restart 0 Next Stop n z Vol 1 22M Last 22 00 Chg 1 00 j 60600 madal ill lll ki ak lik i j ET E ET 1 7 Ey 1 2 5 6 7 Maxim Integrated Products Inc MXIM MXIM Outlier found at 128 A _ 1608 MXIM A The outlier has a red rectangle surrounding the trade The Administrator has the option to delete this trade from the database by hitting the Fix button The scan will then continue Other examples are bad high low ranges for the day Each trade is read from the database and the high and low price values are computed The high a
23. estaurants Inc Burlington Northem Santa Fe Corporation Verso Paper Corp Maguire Properties Inc NightHawk Radiology Holdings Inc Dollar Financial Corp Altra Holdings Inc Hecla Mining Company Rudolph Technologies Inc Sonic Solutions Texas Roadhouse Inc Empire Resorts Inc Quantum Corp Human Genome Sciences Resources Capital Ord Shs Emisphere Technologies Inc pe Spa Companies Inc owerwave Technologies Inc E BEE T UT T stocks Groups Cedar Fair L P 1 2 S TE 5 ly re Ness Technologies Inc Alb i ional Corp AIN AIN T 462 00 W 4 40 WR 0 47 Technitrol Inc any MEANA Cor In this figure the mouse cursor was moved over the performance bar for Albany International Corp and it was selected The button for AIN appeared in the button panel and the charts for AIN appeared You can simply click on any of the performance bars or stock ticker symbols and new charts will appear 19 HedgeTools User Manual Copyright 2008 2013 Trenders The Trenders application shows how stocks are trending within their industrial groups This analysis is meant to show where the money is flowing by industrial groups over a period of time To access the Trenders application click on the tab labeled Trenders on the top level tabs bar This page looks very similar to the Movers page that was talked about above zox Meters Equivol Momentum Movers Trenders symbols Back Test Hep Compa
24. hown below is an example of a news report that was obtained by clicking on the News button on the trade chart In this example the News story reports a discovery of a new natural gas field by Ivanhoe Energy Inc This story resulted in significant volume that caused a Big Box on the Equivolume Chart 6 HedgeTools User Manual Copyright 2008 2013 HedgeToo 12 21 2010 News for IVAN Ivanhoe Energy announces significant natural gas discovery at Yixin 2 well on Zitong Block in China 12 21 07 03 CST Ivanhoe Energy announces significant natural gas discovery at Yixin 2 well on Zitong Block in China CALGARY Dec 21 Initial flow rates of up to 13 million cubic feet per day recorded CALGARY Dec 21 PRNewswire David Dyck President and Chief Operating Officer of Ivanhoe Energy Inc TSX IE NASDAQ IVAN Robert Friedland Co Chairman of Ivanhoe Energy s China focused subsidiary Sunwing Energy Ltd and Gerry Moench President of Sunwing today announced a significant gas discovery at Sunwing s Yixin 2 well in Southwest China Gas from the well flowed at rates of up to 13 million cubic feet per day and averaged 9 to 1 million cubic feet per day during the initial 24 hour test Now period Gas is flowing from the Xu 4 Formation a well established gas producing formation in the region Dec To 12 21 2010 We re very pleased with these initial flow rates Mr Dyck said The rates recorded from the Xu 4 Formation demonstrate
25. llows 1 Let N be the number of stocks in an industrial group 2 Let Pibe the average percentage gain for the ith stock in the group This is the percentage difference between today s last price and yesterday s close For those of you that prefer a mathematical formula the jth industrial group performance is close GA 2 100 eet where GA Group Average Performance k 1 P G4 where N Number of stocks in group k Movers Best Worst Performing Stock Charts When you click on the Stocks selection of the radio button bottom of the buttons panel the performance chart will change to show the best worst performers so far today An example of the Stocks radio button at the bottom of the button panel is shown below 18 HedgeTools User Manual Copyright 2008 2013 JLCAPA bd cara Stocks Groups The performance chart also changes to show the best worst percent performers for today The figure shown below shows an example of the complete Movers screen at this point Cr lBl gt J Meters Equivol Momentum Movers Trenders Symbols Back Test Help May T Jun Jiy T Aug T Sep T Oct l Nov From 5 15 2009 Albany International Corp AIN Textile Manufacturing To 11 3 2009 Rank 5 Sidev 417 85 Net Gain 123 MktCap 512 92 C Equivolume Candle Momentum Add Watch Long Add Watch Short The Black amp Decker Corporation AIN Albany international Corp Landry s R
26. nd low for all the trades are then compared to the high low on the Equivolume chart If the high or low does not agree with the trade data the Administrator has the option to choose the high low from the trade chart This also occurs by getting bad data from our data supplier Trade Chart Price Scaling In the lower right corner of the Equivolume page you will see a chart of today s trading activity This chart shows all the trading activity so far during the trading day The chart below was taken after the close of the market Normally the chart s price scale is based on the high and low as shown in the example below 8 HedgeTools User Manual Copyright 2008 2013 Er j A a a sent e Dany Right f Jun 09 2008 12 42 39 Vol 14 58M Last 41 95 Chg 2 70 2 3 4 5 6 7 Alcoa Inc AA To activate a visual cue that shows 5 profit green and loss red bands you can move your mouse over the price scale on the right side of the chart This region will change to a light gray color Select anywhere in this region left mouse click and the 5 bands will then appear as shown below To toggle back click again ee a yer Jun 09 2008 12 42 9 Vol 14 58M Last 41 95 Chg 2 70 lt 3 4 5 6 7 Alcoa Inc AA If necessary the Trade chart will re scale to accommodate the 5 bands When cleaning the trade data looking for outliers like to leave the 5 bands off to see more detail However during no
27. ny Acuity Brands Ord Shs Ethan Allen Interiors Inc Furniture Brands International Fortune Brands Ord Shs Leggett amp Platt Inc La Z Boy Incorporated Select Comfort Corp Jiy Tempur Pedic International Inc Select Comfort Corp SCSS Hc Rank 5 Sidev 162 48 Net G C Equivolume Candle Momentum Add Watch Long Add Watch Short Home Furnishings amp Fixtures May From 5 14 2009 Sealy Corporation Diagnostic Substances AYI Broadcasting Radio EAN em ren HESI Home Furichings E Fitnes sess Data Storage Devices me ee _ sess re Marala aA Helse z Diversified Communication Services z Surety amp Title Insurance Conglomerates Music amp Video Stores Apparel Stores Foreign Regional Banks Drug Manufacturers Other Nov 02 2009 13 0 0 Vol 0 63M Last 5 58 Chg 0 11 Consumer Services Hospitals Catalog amp Mail Order Houses Major Airlines Application Software Regione Mid Atlantic Banks Personal Products En hezaran kaza REE eevee ey One ar nen ane gt e Jewelry Stores er T T T T T T I7 Movie I Detail Foreign Money Center Banks j I 1 T i T CATV Systems E il s Select Comfort Corp SCSS SCSS T 464 00 W 2 60 WR 0 47 e ioen be e Size PSS The figure shown above is the result of clicking on the Home Furnishings amp Fixtures item shown outlined in red The Detail check box was also selec
28. pear You can either click on the bar opposite the text or on the text itself This will fill the button box will all the stocks in that industrial group You can then click any of the buttons to see the Momentum chart for that stock 21 HedgeTools User Manual Copyright 2008 2013 Symbols Tab The Symbols application is accessed from the Symbols tab This application is used to administer the ticker symbols that are stored in the database The Symbols screen looks like fn rieaoeroors aloix Meters Equivol Momentum Movers Trenders Symbols Back Test Help Company IndGroup MarketCap Scientific amp Technical Instruments 10330 00 Agilent Technologies Inc Alcoa Inc Aluminium 12660 00 f Asset Acceptance Capital Corp Credit Services 184 46 AirTran Holdings Inc Regional Airlines 694 30 Rental amp Leasing Services 1420 00 Auto Parts Stores 3870 00 Aarons Ord Shares Advance Auto Parts Inc Apple Computer Inc Personal Computer Systems 174120 00 Advanced Analogic Technologies Incorp Semiconductor Specialized 154 22 Diversified Investments 912 75 Air Services Other 715 65 f Asset Management 2510 00 Advantage Energy Income Fund Atlas Air Worldwide Holdings Inc AllianceBernstein Holding LP Advanced Battery Technologies Inc Industrial Electrical Equipment 245 06 Abaxis Inc Diagnostic Substances 519 50 ABB Ltd ADR Industrial Ele
29. rmal chart viewing like to activate these bands to see the range the stock must move for a minimal net profit Charting New Issues When we add a stock that is a new issue there may not be enough history data to produce an Equivolume chart We need 80 days of data to compute an Equivolume chart As a compromise you 9 HedgeTools User Manual Copyright 2008 2013 will see a Candle chart instead When 80 days of data is retrieved the Equivolume chart will automatically appear A Candle chart will look similar to Jiy Aug Sep Oct Nov Dec From 80 62 200 American Public Education Inc APE Business Services To 81 21 200 Rank 6 Volatility 1551 58 MktCap 718 07 Equivolume C Momentum 7 View Reversals After 80 days of data is added to the database the chart will automatically change to an Equivolume chart Momentum tab Selecting the Momentum tab will bring up a page that looks similar to the one shown below 10 HedgeTools User Manual Copyright 2008 2013 oix Meters Equivol Momentum Movers Trenders Symbols Back Test Help 73 59 May Jun Jiy Aug Sep Oct Nov From 5 14 2008 Liberty Media Corporation Capital LCAPA CATV Systems To 11 2 2008 Rank 6 Stdev 374 57 Net Gain 85 MktCap 1980 00 Equivolume Candle Momentum _ Add Watch Long Add Watch Short Trends Buttons scan Trend Reversing Up a 13 First Next Previous Last 7 Trend Reversing Down
30. ss The checkbox labeled Envelopes means that only stocks that trade above the smooth green line are considered If the Purge checkbox is selected the scanning process will be pruned to only those stocks that have a model vote green or red LED The nit checkbox re initializes the list of stocks to be scanned The Run checkbox will show stocks that meet the model criteria without stopping The Vol 14 HedgeTools User Manual Copyright 2008 2013 Inc box lets you select how much of an increase in percent the volume today s is over yesterday s volume The Min Vol lets you filter out stocks that do not yet have this much volume The ES box lets you select the minimum slope of the price trend curve smooth orange line During the trading day this line is extrapolated 15 minutes into the future and you can select its slope The Min Mom box lets you select the minimum momentum our custom momentum model And finally the Min Big Box box lets you select a minimum on the Big Box Ratio calculation Click on the Scan button to begin the database scanning process At any time you can hit the Cancel button to stop scanning You can then adjust the scanning parameters and begin a new scan 15 HedgeTools User Manual Copyright 2008 2013 Movers Click on the Movers tab at the top to display the default Movers page as shown below oix Meters Equivol Momentum Movers Trenders Symbols Back Test Help Equivolume
31. ted and this caused a table to appear that shows all the stocks in the selected industrial group The percent trend for each stock is shown in this table The trend for the group is the average of all the trends shown in the Trend Details table The row containing symbol SCSS was also selected in the table This caused the charts for SCSS to appear You can also click on the SCSS button to see the charts The motivation behind this analysis is to find out how stocks are trending as a group and the direction of the trend Money flowing into these stocks is driving the price upward and hence the trend will be positive Similarly money flowing out to stocks in a particular group will drive the prices lower and the direction of the trend will be downward negative trend It is our hypothesis that when stocks trend as a group the result will be a more lucrative investment opportunity How the trend averages are computed 20 HedgeTools User Manual Copyright 2008 2013 The figure below shows the model as the line through the dot summary data points The magnitude of the trend is then computed The chart below shows an example of the model All the percent trends are averaged for all the stocks in each industrial group The results are shown in the graph as a sorted list of all the groups Shown in this graph you can see the worst to best performing industrial group trends After the computation is complete the graph showing the raking will ap
32. the discovery s strong potential and are incentive for Sunwing to continue with further development of the Xu 4 formation and other structures in the Zitong Block Following initial flow and pressure tests the well has now been shut in for pressure build up Sunwing s 659 84 acre 1 031 square mile Zitong Block is in the Sichuan Province the oldest and one of the most productive gas producing regions in China Sinopec and PetroChina have made significant gas discoveries from the Xu 2 Xu 4 and Permian formations in adjacent blocks Dec 21 2010 9 38 0 Vol 6 78M Last 2 85 Chg 0 29 It has teken over ten years of perseverance and the application of industry leading experience and know how to reach this point said Mr Friedland Demand for natural gas in China is continuing to out pace supply and now Sunwing Energy is in an excellent position to help supply this r kil Em Eg T T j i T 2 3 4 5 News IVANHOE ENERGY INC IVAN The red arrow on the trade chart shows where the news announcement occurred By selecting the Get Story button on the News tab a display of all the current stories will appear Scan tab The Scan tab of the Buttons panel looks like Buttons Scan News Clean Min Max Price 5 00 200 00 Summarize 1 day Ease of Movement I Increasing Decreasing Boxes 1 2 0 Times as big within 1 Days previous 20 7 HedgeTools User Manual Copyright 2008 2013 It
33. will bring up a list of the industrial groups as shown below 16 HedgeTools User Manual Copyright 2008 2013 Industrial Groups Accident amp Health Insurance Advertising Agencies Aerospace Defense Major Diversified Aerospace Defense Products amp Services Agricultural Chemicals Air Delivery amp Freight Services Air Services Other Aluminium Stocks Groups l Detail If the Agricultural Chemicals group is selected buttons will appear for the stocks in this industrial group You can then click on any of the buttons to bring up a chart Movers Group Chart The chart next to the button panel shows Industrial group names and their relative performances Positive results are shown as rectangles to the right and negative results have rectangles to the left When you move your mouse cursor over the industrial group name or the performance rectangle it will turn red When you select the item left mouse button the button panel will fill up with all the stocks in that industrial group In the figure shown below the mouse cursor was over Silver This item was selected and the buttons for the stocks in this group appeared The Check box for Detail was also selected and it launched the Movers Detail table that you see floating above the HedgeTools application This table shows the percentage gain loss for each stock in the selected group For you convenience you can either select a row in the table or the
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