Recently I conducted an analysis of technical oscillator Edge Factors and posted the findings on LinkedIn's Algorithmic Traders Association group, which garnered quite a bit of interest. Right about this time, I received an email from a hardcore Wealth-Lab user who evaluated the demo version of my new project, Quantacula Studio. His email contained a list of about a dozen features he'd like to see added to Quantacula Studio, including an automation of the indicator risk analysis that I'd wrote about.
Spurred by these two pieces of feedback, I recently completed an extension for Quantacula Studio that completely automates the process. It's called the Indicator Edge Analyzer. Not only does the extension reproduce and automate the analysis of an oscillator's overbought/oversold edge, but it also:
- Adds two new Edge Factors: Indicator above/below signal line, and Indicator down/up a consecutive number of bars
- Outputs two Edge Factors for each method, resulting in 6 Edge Factors for each indicator
- Lets you control the data testing range, scale (daily, weekly, etc.), profit window, and indicator period
Read more about this powerful tool here:
No comments:
Post a Comment