Trading Conceiver
What Is Trading Conceiver?
Trading Conceiver is a desktop application for composing and building complex trading systems through a simple Graphical User Interface (GUI), without coding. You can pick up, from thousands of already implemented elementary algorithms, the ones of your interest to define when to:- Open a long position.
- Open a short position.
- Liquidate a long position.
- Liquidate a short position.
- Stop loss algorithms.
- Take profit algorithms.
Features
Already Implemented Elementary Algorithms
There are literally thousands of already implemented elementary algorithms and you compose them in order to obtain a complex trading system. All elementary algorithms are adjustable by the user through input parameters. These elementary algorithms include:- Algorithms found in trading literature, like those based on:
- Technical indicators.
- Patterns.
- Candlesticks.
- Proprietary algorithms.
Technical Indicators-Based Algorithm Categories
Many algorithms are derived from each technical indicator, like:- Comparison between an indicator and one or two values.
- Comparison between an indicator and various types of its moving average.
- Comparison between the fast and slow moving averages of the indicator.
- Comparison between the overlay and the price.
- Derivative-like, implementing the concepts of slope, gradient, tangent, steepness. They express whether the indicator is increasing or decreasing and at what rate. Various types of derivative-like forms of the indicator are compared with one or two thresholds set by the user, e.g. to see if the derivative is positive or negative or between a certain range.
- Swings
They express concepts like higher high, lower low, bullish and bearish divergence. - Intraday breakout
Patterns
Another set of algorithms detects patterns, like:- Minima, maxima, gaps, inside and outside days.
- Candlesticks patterns.
Tens of patterns are detected.
Stop Loss and Take Profit
Stop loss and take profit elementary algorithms are already implemented, too, both fixed-amount and volatility based. Stop loss can be trailing.Composer
The Composer is the heart of the application. It lets you combine graphically the implemented elementary algorithms in order to build a real trading system. Here you select the algorithms of your interest and adjust them to your needs through input parameters. You then combine them through logical operators:- OR
- AND
- At Least
n
This requires that at leastn
algorithms must be satisfied between the ones selected in order for the condition to be true.
Highly Customizable
You can fully customize how Trading Conceiver computes the trading system, like:- Whether to trade only at close, at open or even intra-daily.
Yes, Trading Conceiver can compute trading signals even intra-daily! - Fees and taxes paid to government and brokers.
- Slippage and leverage for transactions.
- What price should be used in the indicators computation (closing, average, typical...).
- What price a trailing stop loss follows (closing, average, typical...).
Output Results
Upon running, on historical data, the trading system you conceived, you can see the signals for:- Opening a long position.
- Opening a short position.
- Liquidating the current position.
Moreover, Trading Conceiver produces a wealth of output data, like:
- Signals given by:
- The single elementary algorithms.
- The combination of all algorithms defining when to open a long position.
- The combination of all algorithms defining when to open a short position.
- The combination of all algorithms defining when to liquidate a long position.
- The combination of all algorithms defining when to liquidate a long position.
- The combination of all algorithms defining the stop loss.
- The combination of all algorithms defining the take profit.
- Profit and loss.
Per trade and incremental. - Fees and taxes per trade.
- Statistics about the trading system as a whole.
- Selected overlays and indicators values, both in charts and in table format.