How can I try the software before I buy it?
What is a "30-Day Money Back Guarantee"?
How can I determine that the software is right for me?
What are the strengths of your software?
Which would be better for me to purchase - Standard or Professional Edition?
Can you guarantee I will become rich after buying your software?
Is it really so easy to make a profit?
What makes Tradecision different from other trading software in the market?
Is Tradecision easy to use?
Can I install Tradecision on multiple computers?
What are the system requirements?
Has Tradecision any help materials?
What about support? How long does your technical support last and how much does it cost?
Will I pay for the products just once or monthly/annually?
Which markets can I trade using Tradecision?
Why are you selling the software instead of making $$$ using it?
I would like to get more info about Alyuda.
I am a beginner trader. Couldn't you please recommend a resource for traders where I can find some valuable information?

Can I work with Candlestick Chart?
Can I work with Point & Figure Chart?
Can I work with weekly/monthly charts?
Can I display the charts of two or more different stocks at the same time?
What should I mark with buy/sell markers?
What are Fibonacci Retracements?
How many sub-charts can I open?
Can I save my charts with modifications the way I like?

Could you tell me what the Elliott Waves Theory is about?
How Tradecision does Elliott Waves?
Where I can read about the description of indicators?
What are Fibonacci Clusters?
Can I build my own indicator?
Can I use data and indicators from 2 stocks in one neural study? I think qqv will be helpful while predicting qqq.

Is it really so easy to build a profitable strategy based on neural forecasting?
Why can neural networks be better than other technical analysis techniques?
What are neural networks?
Do I need the knowledge in neural networks / programming / statistics / artificial intelligence to effectively use your software?
What level of accuracy should I expect while making predictions about out-of-sample stock data?
What information should I feed into a neural model to achieve good forecasting results?
What types of neural networks are used in Tradecision?
What is the target column?

What is a trading system and what is it for?
Can I use backtesting of Tradecision?
What is the Strategy Performance Report?
What is a strategy simulation?
What is a strategy optimization?
How can I manage my trading strategies?
What is the Improvian Language?
Its pretty hard to learn using the Improvian Language, isn t it?

Why using money management rules is important for me?
What kind of money management rules can I use with Tradecision?
What are the Optimal F, Kelly, Fixed Fractional Trades and Williams formulas?
What is a Trailing Stop?

What kinds of data feeds does Tradecision support?
How can I import MetaStock data?
I have problems with importing data from ASCII files. What am I doing wrong?
How to import data from ASCII files?
How can I start working with Tradecision Data Manager?

What are the key capabilities provided by Tradecision Real Time?
What is streaming data?
How can I select the streaming mode?
Which data providers the Tradecision Real Time supports?
Where my real-time data will be saved?
What real-time data feeds will be supported in the future versions?
Can I import intra-day data from text files?

Q. How can I determine that the software is right for me?

1. Charting with easy-to-use drawing tools;
2. Analyzing price data with indicators and analytical studies;
3. Developing and testing trading systems based on neural networks and technical indicators;
4. Forecasting market moves and turning points to act before others;
5. Using genetic algorithms for fast and efficient trading system optimization.

• Power of both traditional technical analysis and artificial neural networks in a single software package.
  
  
• Easy-to-use technology and GUI. With Tradecision, you can employ advanced technology without the need to learn any new theoretical or scientific details.
  
  
• Accurate constructive neural networks for making predictions and composing neural strategies.
  
  
• Point-and-click Money Management Editor, allowing you to easily use and customize the most well-known position size, stop-loss, trailing stop and profit target rules.
  
  
• Powerful strategy development and testing capabilities. Strategy Builder, a powerful language, Optimization Wizard and Simulations Manager, providing portfolio testing and detailed reporting capabilities.
  
  
• Fast optimization with Genetic Algorithms. The system will allow you to automatically find the best inputs for neural networks, the number of the trading strategy parameters to be optimized being unlimited.
  
  
• Extensive list of analytical studies and indicators. Support your trading decisions with over 100 technical indicators, auto-trends, chart patterns, Elliott waves identification, and other analytical studies. Any kind of analysis made using Tradecision is exceptionally accurate. This makes the application a great tool for active and professional traders.

• Ability to create your own custom indicators.
  Since trading technologies and technical analysis are constantly developing, it is very important that this tool be used for experimenting and creating up-to-date, effective indicators.
  
  
• Neural Models optimization with Genetic Algorithms.
  Use Genetic Algorithms to find the best neural model inputs and their parameters. Genetic algorithms combine the best characteristics of the other optimization methods, such as robustness and fast convergence, which does not depend on the properties of the optimization criteria (such as, for example, smoothness). At the same time, Genetic Algorithms are much faster than exhaustive search.
  
  
• Perform a strategy optimization with Genetic Algorithms.
  The optimization process can take seconds, minutes or hours, depending on the number of simulations being run. To reduce the time required for optimization, you can either reduce the number of optimization parameters or use Genetic Algorithms for optimization. For those cases when you have a large number of optimization variables and wide search ranges, Genetic Algorithms are much faster than exhaustive search while remaining very robust.

Q. What makes Tradecision different from other trading software in the market?

• Neural network predictions and strategies;
• Wizards’ guidance;
• Advanced Money Management editor;
• Powerful language;
• Fast optimization with genetic algorithms;
• Elliott Waves Analysis.
  
  In addition, Tradecision has passed numerous extensive tests and improvements allowing professionals to speak of a new and reliable piece of software hitting the market.

• install and use one copy of the Software on a single computer.
• you may also make a second copy of the Software, install it, and use it on a home or portable computer used exclusively by you.
• make one backup copy of the Software, provided your backup copy is not installed or used on any computer.

• Processor: 3.0 GHz Pentium 4 or compatible. But the faster the better.
• RAM: As much as possible. We recommend upgrading your computer or laptop to the maximum memory supported by your machine beginning from 512 MB RAM.
• Hard Drive: Tradecision uses approximately 40MB of hard drive space. But it is better to have more space to store your studies, models and trading systems.
• Monitor: 17" monitor with 1280x1024 resolution.
• Operating System: Windows 2000 or Windows XP (Home or Professional).
• Internet Connection: Direct (ISDN, Cable Modem, DSL) connection to the Internet.
• Operating System: Windows 2000 or Windows XP (Home or
  Professional).

• Windows NT 4.0 (service pack 3)
• 800 MHz Pentium III or compatible
• 15" monitor with 800x600 resolution
• 256 MB RAM
• 40 MB available disk space
• Microsoft Internet Explorer 5.0

Q. What should I mark with buy/sell markers?

The Fibonacci Retracement tool is used to measure the amount the market has retraced compared with the overall market movement. When used together with Elliott waves, Fibonacci Retracements are normally drawn from the beginning of Wave 1 (the Zero point) to the top of Wave 3 to find a target price area for the Wave 4 retracement.

You should keep an eye out for the end of a trend or correction at the Fibonacci Levels. Horizontal lines are drawn at the common Fibonacci levels of 38.2%, 50%, and 61.8%. As the price retraces, support and resistance often occur at or near the Fibonacci Retracement levels .

Q. How many sub-charts can I open?

A. You can use up to 6 visible sub-charts with indicators.

Q. Can I save my charts with modifications the way I like?

A. Yes, you can. This can be done using workspaces.
Workspaces provide a convenient way to manage charts and organize your investment ideas. Workspace itself is a single file that contains all the charts with their drawing objects, indicators and studies.


Workspace is a single file that contains all the charts with their drawing objects, indicators and studies. When a workspace is opened, each chart is opened and displayed on the screen exactly the way it appeared when the workspace was saved, including all the chart's elements. When you save a workspace, you save all your changes and modifications in all active charts.

You can create a separate workspace for your favorite stock, a group of stocks, an industry or anything you decide to work with together. For example, you may want to analyze QQQ and Dow along with four of your favorite indicators. Or you may want to save the current positions of windows with all their elements. The best way to save your time and manage groups of charts/sub-charts/objects is using workspaces.

Once you have created a workspace, you can add new chart windows to the workspace, manage charts, indicators, sub-charts, analytical studies, as well as many other trading ideas, and then save them on your local hard drive.
You can work with one workspace at a time.
Tradecision saves a workspace in a file with the Tradecision Workspace extension (*.tws)

Wave is a movement in the market, either upwards or downwards. The size of the wave depends on the period of time that is being analyzed. Impulse Wave is a wave that moves in the direction of the main market trend. It subdivides into 5 smaller waves (1-2-3-4-5). Waves 1, 3, and 5 move in the direction of the main market trend. Waves 2 and 4 move against the main market trend.

Corrective Wave is a wave that moves in the direction opposite to the direction of the main market trend. It subdivides into 3 smaller waves (a-b-c). Waves a and c move against the main market trend. Wave b moves in the direction of the main market trend.

The Tradecision Elliott wave study uses a special mathematical algorithm to resolve conflicting situations and identify waves and corrections as precisely as possible. Experts can fine-tune this algorithm. For example, it’s possible to specify a parameter that indicates the percentage for which Wave 4 can overlap Wave 1 before the Wave count is considered invalid .

Q. Where I can read about the description of indicators?

A. Tradecision’s Help contains a library with a description of the 100 + most popular built-in indicators, including MACD, RSI, Stochastic, PercentR, Bollinger Bands, Average True Range, and others.

Q. What is Fibonacci Clusters?

A. Using Fibonacci Clusters you can determine the probability of a trend reversal for each price level. Fibonacci Clusters indicate the price level on which a potential change in the trend may occur. The stronger the cluster, the greater the likelihood that the price level is a support or resistance level for the current trend.

Fibonacci Clusters were not designed to be used alone. They should be used as a confirming indicator or for gauging where in a trend a change may potentially happen.

Fibonacci Clusters are calculated using the following procedure: the price range of a security is divided into a specified number of sub-ranges (clusters). After that, Tradecision uses all pivots (minor, intermediate and major) to form all possible Fibonacci Levels (Retracements and Extensions). The more Fibonacci Levels are assigned to a cluster, the stronger the cluster is


Q. Can I build my own indicator?

A. Yes, you can. Tradecision affords you the opportunity to create and improve your own custom indicators. Since the trading technologies and technical analysis are constantly developing, it is very helpful to use this tool for experimenting and creating up-to-date advanced indicators.

A custom indicator can be a combination of other indicators. Some well-known indicators are simply a combination of other indicators. For instance, Chaikin Oscillator is a subtraction of a 10-period EMA of Accumulation-Distribution from a 3-period EMA of Accumulation-Distribution, and TRIX is a combination of 3 Exponential Moving Averages.

You can create or edit your own custom indicators using Indicator Builder.


Q. Can I use data and indicators from 2 stocks in one neural study? I think qqv will be helpful while predicting qqq.

A. To do this, you need to use External function

Tradecision is not a ready-made strategy but rather an advanced tool that offers you a significant advantage over other traders. It helps you obtain accurate forecasts and build winning strategies based on the latest achievements in the artificial intelligence technologies.

Neural networks have proven to be among the best methods of detecting hidden relations in stock market data. Once a neural network has analyzed your dataset (i.e. “has received training”), it is able to make predictions based on the hidden dependencies that have been found .

Q. Do I need the knowledge in neural networks / programming / statistics / artificial intelligence to effectively use your software?

A. The Tradecision interface is very easy-to-use and all the scientific details are hidden inside the application. With Tradecision, you can use the most advanced technology without the necessity to spend your time on getting familiar with the latest AI achievements. You don’t need to have any mathematical or artificial intelligence background to effectively use the software. In fact, you will be ready to use your first neural model several minutes after you started using the application. However, you need to be persistent and ready to experiment, since different markets and stocks require different inputs and strategies. You should be prepared to spend some time on preparing your neural models.

Q. What level of accuracy should I expect while making predictions about out-of-sample stock data?

A. The majority of neural models, provided they been fed the right amount of data and relevant inputs, forecast with 60-85% accuracy. Out-of-sample accuracy and forecasting errors are reported after you perform walk-forward testing of your model.

Q. What information should I feed into a neural model to achieve good forecasting results?

A. Tradecision requires a set of input columns to base the neural model training on, and identify price patterns and relationships. All data that as you believe significantly affects the value of the target or represents the market situation should be used as inputs. This includes price data (open, high, low, close and volume), technical indicators (moving averages, lags, MACD, RSI, PercentR, and so on) market indexes (S&P500, Dow Jones Industrial, NASDAQ, and so on), as well as relevant stocks and other information that represents the market conditions.

Inputs are the only kind of knowledge about the market that will be available to a neural model to base its forecasting on. Therefore, selecting the right inputs is the trader’s most important task as the rest of the tasks in Tradecision are automated.

It is worth a mention, that irrelevant or insignificant inputs may deteriorate the model’s performance.

This set of rules shouldn’t vary subjectively from day to day based on broker recommendations, friends’ tips or emotions, and, therefore, can be tested on past data to understand objectively how profitable, reliable and suitable to your trading style these rules are.

A system approach to trading is an integral part of trading as a profession. Every professional trader has his personal trading approach, personal preferences and his own view on risks & profit.

We cannot offer advice on the kind of trading system that should be chosen. Only you know what you need to improve in your trading to achieve good results.

Therefore, it will be up to you to decide what should be included in your personal trading plan.

Q. Can I use back-testing in Tradecision?

A. Yes, you can. With Tradecision Strategy Builder, you can create a workable trading strategy and then historically test it to see how it works.

Prior to helping you effectively use your trading account, Tradecision will secure you against the perils of real trading by performing a precise and realistic trading simulation.

Simulations Manager allows you to realistically simulate your strategy on one or several stocks simultaneously. Once your strategy is simulated, you can analyze it strategy using buy/sell signals placed on a chart.

The Strategy Performance Report will provide detailed information on the profitability of the strategy, risks involved, results of time analysis, and more.

Additionally, you can receive the Trades report, providing more than 10 ratios for each of your trades as well as the Equity and Drawdown curves.

Any flaws of your trading system you have detected can be corrected. The strategy can then be tested over again until you feel confident in using it for making your future trading decisions.

Q. What is the Strategy Performance Report?

A. The Strategy Performance Report assists you in analyzing a strategy, as well as in evaluating its suitability to your trading style and risk preferences. The report provides over 100 performance parameters that can be used to analyze a strategy.
The Strategy Performance Report contains 7 sections:

• Summary (including Net Profit, Return on Initial Capital. Gross Profit, Gross Loss, Profit/Loss, Commissions paid, Account Size Required, Return on account).
  
  
• Trades (including Number of profitable trades, Number of losing trades, Average profitable trade, Average ratio, Average trade, Average days in profitable trades, Maximum number of days in profitable trade and more).
  
  
• Return (including Initial Capital, Final Capital, Return on Initial Capital, Return on Max Drawdown, Buy & Hold return, Annual rate of return, Buy & Hold annual rate of return).
  
  
• Risk (including Gain to Pain Ratio, Sharpe Ratio, Return Retracement Ratio, Max Equity Drawdown, Net Profit / Largest Losing Trade, Net Profit / Max Drawdown).
  
  
• Drawdown and Run-up (including Max Drawdown, Average Drawdown, Max Run-up, Average Run-up).
  
  
• Outlier Trades (including Positive outlier trades, Negative outlier trades, Total outlier trades).
  
  
• Time Analysis (including Trading period, Bars in the market, % in the market, Bars out of the market, Average time in trades, Average time between trades).

When you have tested the strategy and are confident enough about its profitability, only then it will be the right time to start optimization.

Q. How can I manage my trading strategies?

A. Part of the Tradecision functionality is Strategy Builder - a convenient tool for managing your trading strategies. You can create, edit, copy, or delete a strategy, insert a strategy into a chart, and perform strategy simulations or optimization.

Q. What is the Improvian Language?

A. Improvian is a full-featured programming language. It gives you a variety of opportunities to implement your own trading ideas. For example, you can design a trading system or improve an existing study or indicator.

Tradecision makes it easy to limit losses by coding the trading rules using the powerful features of Improvian. It is possible to create custom functions, call DLL functions, and import trading techniques from EasyLanguage and MetaStock. For creating advanced trading techniques, the new language allows traders to use variables, inputs and skip words.

Q. Its pretty hard to learn using the Improvian Language, isn’t it?

A. No, it is not. The Improvian Language is a formal method with a strictly defined but rather easy-to-use syntax. Tradecision provides a detailed language help file, containing numerous examples and descriptions.

When you take a proper money management approach, you are never afraid of your losing your account.

Q. What kind of money management rules can I use with Tradecision?

A. For your convenience, the most popular money management rules are predefined and easily accessible with an advanced point-and-click editor:

• Position size can be automatically calculated using Optimal F, Kelly, Fixed Fractional Trades and Williams formulas;
• Several stop-loss rules can be applied with a couple of clicks;
• Trailing stop rule can also be easily defined as a combination of predefined conditions;
• You can also opt to use a predefined Profit Target;

Q. What kinds of data feeds does Tradecision support?

A. The Data Manager subsystems support receiving data from several data sources:

• Built-in downloader provides a quick way of receiving free end-of-day quotes from major US and International exchanges through Yahoo Finance data provider.
• User-configurable ASCII import wizard allows you to read quotes stored on your local hard drive in the format defined by you.
• Built-in MetaStock® database importer reads all stocks directly from your MetaStock database.

Q. How can I import MetaStock data?

A. You can import the entire MetaStock database (symbols and their data) using the following procedure:

1. From the File menu, select Import MetaStock database.
2. 2. In the Folders’ view dialog box, select the folder that contains the MetaStock database.
3. Click Import.

• Only one Date column is allowed;
• Information or blank lines between the lines of price data are not allowed;
• Information following the last line of data is not allowed (i.e., total or summary information at the bottom of the columns);
• Column names for date, open, high, low, close, volume and open interest must be labeled D or Date, O or Open, H or High, L or Low, C and Close, V or Volume and Open Interest or OI, correspondingly.

1. In the Symbol List, select a symbol, the data for which you want to import;
2. From the File menu, select Import symbol data and then click From text file;
3. Locate the ASCII file with the price data, click the file name and then click Open;
4. In the Field order box of the New Import From Text File dialog box, select the field order you need.
5. In the Delimiter box, select the data delimiter that you have in the text file: Comma, Semicolon, Point, Space, or Tab Character.
   
   Note: The First data row box allows selecting the number of the row from which your data will start in the text file. Select the Preview check box to verify in the preview pane that your data is parsed correctly.
6. Click Import.
   
   The price data will be imported into the internal database.

Q. How can I start working with the Tradecision Data Manager?

1. Click the Start button
2. 2. Point to All Programs, select Alyuda Tradecision, and then click Data Manager.
   The Data Manager window will be displayed

1. Launch Tradecision.
2. From the Tools menu, select Data Manager. The Data Manager window will be displayed.

• All the techniques used in the regular version of Tradecision, with the ability to be used in real time.
• Streaming, real-time quotes and displaying of 1-, 5-minute intraday charts.
• Intraday data from IQfeed.
• Import MetaStock and ASCII intraday databases.