Trading Systems

QuantShare is an advanced (multi-databases) trading software with powerful back-testing and simulation features, advanced charting and drawing capabilities, many plug-ins, a social network website and a sharing server where application users can discuss, create groups, review, vote and share trading objects with other users. Application objects include : Trading systems, scripts, composites items, list of symbols, money management scripts, list of rules, ranking systems, neural network prediction items, genetic algorithm optimization items, download scripts...

The software is currently in a beta-testing phase. Beta testing is a special development phase that helps us track bugs, errors and improve the application before its official release. We suggest that only experienced users take part in BETA testing. If you are interested in testing the software just enter your email address and we will send you further information. The beta version of the software, the access to the web 2.0 website and the sharing server are FREE.



Friday, December 30, 2005

ER2 leading index

There is lot a correlation between indexes.
If Dow Jones Index moves, in most case SP500 and NASDAQ will also move in the same direction.

Let say, you buy ER2 (Russell2000 Future) when he break its resistance.
Do you think it’s necessary to pay attention to other indexes like YM, ES or NQ and look if they break their resistance too to confirm your trade?
You can do that, but you will probably miss a lot of moves.

I think that when trading ER2, you should not look at any other index because ER2 is the leading index.
ER2 moves often ahead of YM, ES or NQ.
When others indexes are moving upwards and ER2 go in the opposite direction, it’s generally a sign of market weakness.

I read a study about that, but I have to look at my bookmarks to give you the link.
I will probably make another post just for this study.