APS discovers price patterns that fulfill user-defined performance statistics and
risk/reward parameters by searching historical data in a fully automated way The price patterns can be combined into trading systems and APS can track the daily signals or generate code for Tradestation,
Metastock, Wealth-Lab and TeleChart. There is no need to write any code. APS does the job for you in a fast and efficient way.
There are several software packages available in the market that allow the back
testing of trading systems. The hard part however, that of coming up with a system to test is left up to the user. This type of analysis of trading system is a very tedious, and time consuming trial-and-error process.
APS is a breakthrough
in trading system development because it implements the novel concept of "Forward Synthesis of Trading Systems™". APS takes as input a set of desired historical performance criteria and risk/reward objectives to search for complete set of rules that completely define trading systems based on price patterns. Several other functions are available, including scan of multiple data files and a system tracking module.
The input provided to APS includes the minimum percent profitability, the minimum number of occurrences (or past trades) and the maximum number of consecutive losers of each pattern in a specified time
period:
