Logo Compose your trading system through a user friendly
graphical interface and see when to go long, short or liquidate.

Quick Start

A quick introduction to the whole work flow in Trading Conceiver.


Compose Your Trading System

Compose Your Trading System Select the main tab Composer [1] and compose your trading system. Pick the already implemented elementary algorithms of your choice in the tree [2] on the left and put them in one of the slots [3] by pressing the correspondent selection button [4]. Adjust the algorithms by fine-tuning their input parameters [3]. Decide how to combine the elementary algorithms by selecting the logical operators [5] between them. You can build more complicated trading systems by grouping the algorithms through the parentheses [6]. You need to repeat these steps for all the tabs [7] of your interest, defining when to go long or short, when to liquidate a long or a short position, the stop loss and the take profit.
Elementary Example
Elementary example: Composer
The Signals
Let's say you want to try out the signals you can find in literature regarding the MACD histogram: go long when the MACD histogram is positive and go short when it is negative. So in the Long tab, select in the tree the elementary algorithm
  MACD Histogram positive
and put it in the first slot, accepting the default values. In the Short tab, select in the tree the elementary algorithm
  MACD Histogram negative
and put it in the first slot.
The Long Term Trend
Now you want to apply the old adage to consider the trend of the market in the long run; you want to go long only when the long trend is positive and go short only when the long trend is negative. To comply with this, you decide to look at the angle of the Exponential Moving Average (EMA), which is positive for a long market and negative for a short market. So in the Long tab, select the elementary algorithm
  Angle of MA of EMA positive
and put it in the second slot. In order to consider the long term, select a long look-back period for the EMA, let's say 120 days. This EMA is further averaged through a Moving Average (MA), as is apparent in the name of the algorithm; just ignore it for this quick introduction. Select the AND operator between the first and the second slot, which means that both conditions must be met for giving a long signal. Do the equivalent for the Short tab, put the elementary algorithm
  Angle of MA of EMA negative
in the second slot and select the AND operator.
Extra Condition
As an extra precautionary condition, you want to go long only in presence of a white candlestick and go short with a black candlestick. So put the
  White Candle
algorithm in the third slot and select the AND operator between the second and third slot. Do the equivalent for the Short tab.
Stop Loss
Elementary example: Stop Loss We also add a trailing stop loss, which holds for both long and short position. We select the algorithm
  Standard deviation based stop loss
and change the value for the standard deviation multiplier to 2.0 instead of the default. Results vary slightly according to the selection of the pane
  Trailing stop loss follows
Choose any.
Consider Only Close
Elementary example: Consider Only Close To keep things simple, we trade only at close, not intradaily, so we select the radio button
  Only at close (consider only close)

Decide What to View in Charts and Table

Indicators in charts and table Select the main tab Indicators [1] and decide what to visualize in the outputs, i.e. charts and table. Probably you want to chart and table the indicators and algorithms used in the Composer tab. As before, pick the indicators and algorithms of your choice in the tree [2] and put them in one of the slots [3] by pressing the correspondent selection button [4]. Adjust the indicators by fine-tuning their input parameters [3]; maybe matching them with the ones used in the Composer.
Elementary Example (Continued)
Elementary example: indicators We want to monitor the indicators we used in our trading system. So we select the MACD histogram. As we used the angle of the EMA, we select both the EMA as an overlay and the angle of the EMA as an indicator. Adjust their look-back period so that they match the one used in the Composer, 120 days. Furthermore, trading systems are conceived in order to make money, so we plot the Capital, i.e. the equity line, too.
Panes
Results of the trading system vary slightly according to the values chosen in the panes
  For price use
  As MA use
Choose any.

Input Parameters for Profit and Loss Computation

Indicators in charts and table Select the main tab Profit [1] to input the parameters used for profit and loss calculations and other statistical data.

Run the Simulation

Run the simulation Select all 3 check-boxes [1] determining the output windows to show. Run the simulation by pressing the Run icon [2].

Analyze the Results

The output windows, i.e. charts, table and statistics, will open up. Charts are for graphical analyses and the curves offer an immediate evaluation. The table is for in-depth numeric considerations. They both clearly show when to go long, short or liquidate the position. For each transaction you can see the profit and loss. The statistics window summarizes the trading algorithm performance as a whole.
Elementary Example (Continued)
Charts
Analyze the results: charts In the charts it is apparent when the various combinations of the algorithms give long (green square) or short (red square) signals. It is also evident when the stop loss forces a liquidate (yellow square). Whether a trade is winning or losing is obvious, not only from the capital line, but also by the fact that for an opening long position to be profitable, it must be closed at a higher level. The dual holds true for a short position, which must be closed at a lower level to be profitable. Charts are fully customizable.
Table
Analyze the results: table In the table you can watch details such as precise numeric values of all the quantities involved, such as the indicators. Also, the independent signals given by the long, short and stop loss tabs are reported as checkboxes, selected when true. In the picture, the stop loss is giving the liquidate signal. The overall signal, liquidate in this case, is clearly visible, together with the level at which it occurs. You can also track various profit and loss values.
Statistics
Analyze the results: stats Statistics output a very complete set of performance metrics about the trading system you conceived. Use them to improve your trading system. As you can see, even with this very simple trading system, we are in positive territory, i.e. it is profitable.

Improve Your Trading System

After your analysis is complete, you can improve your trading system by modifying it in the Composer tab. Run it again and see the new results. Loop through the procedure we ran thus far.

Test Your Own Historical Data - Trial Feature

Test your own historical data Up to now, we used the pre-loaded historical data in Trading Conceiver. You will want to use your own historical data file, relative to the market of your interest. To check whether Trading Conceiver works with your historical data file, load your file containing the historical data, either selecting the menu
  File → Load historical data
or clicking the homonymous icon in the tool bar. Use the various features of the window that pops up to correctly parse the file.
Trial feature Then press the button
  Trial
A simulation will be run with your historical data, but the algorithms used to compose the trading system and the indicators shown will be automatically selected; you can not select or change them. This way you can test whether Trading Conceiver works properly with your historical data files.

Consider Buying a License

If you are satisfied with what Trading Conceiver can accomplish and you verified that it can work properly even with your own data file, you could consider buying a license. The licensed version runs simulations with your historical data files with no limitations.