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MN_investment_research
26 Posts
Posted - 08/13/2012 10:57:50    




Company Name: Marko Nikolic Investment Research (formerly Build-a-Signal Software)
Email:
Store Website: http://mnikolic.com/store
Company Website: http://mnikolic.com


build-a-signal


Image 1: PivotBuilder – Personal Suite: Build an advanced Support/Resistance strategy that adapts and caters to your trading. Includes 7 add-ons.


Add-on Name: PivotBuilder - Personal Suite
Technology: Indicator, Show-Me, Strategy: Complete, Function (API for 3rd party add-on integration)
Analysis: Support & Resistance, Trendlines, Channels, Trend Concepts, Gaps, Moving Averages, Reversal Patterns, Money Management, Momentum Exhaustion, Scalping.
Market(s): All
Timeframe: Intraday, Tick, Minute, Hourly, Daily, Weekly, Monthly
TradeStation Compatibility: 8.6, 8.7, 8.8, 9.0, 9.1, all future versions to be supported
Trader Profile: Construct up to 8 (7 envelopes, plus trigger line) individual, fully-customizable, and highly adaptable pivot lines based on your criteria. The envelope interactions are used to effectively trade short/long term trend, filter market noise/consolidation, or scalp price momentum exhaustion for quick profits.

The multitude of customizable options makes PivotBuilder suitable for both entry-level traders and professionals. Beginners can use default settings and preconfigured workspaces/analysis groups, while more advanced traders can configure each parameter from scratch to suit their particular strategy.



In essence, PivotBuilder - Personal Suite helps you construct a fully customizable, strategic pivot line grid around price action, which is then used as foundation for a trading system. The concept sounds simple, yet its beauty resides in its versatility, expandability, and capability. No longer must you limit yourself to fixed support/resistance levels, volatility bands like Bollinger, and other packaged systems. Simply add the indicator to any market, chart type, or time frame, and configure up to 8 price envelopes. Depending on settings and line interactions you configure, each envelope can serve as an overbought/oversold limit for scalping and/or exit signals, or as a trend trigger. PivotBuilder draws envelopes via Indicator, issues signals/alerts (dots, pop-up, audio, email) via ShowMe, and back-tests/auto-trades your settings via 4 included Strategy Components (Long Enter, Long Exit, Short Enter, Short Exit).



Compatible with TradeStation 8.6, 8.7, 8.8, 9.0, 9.1. All future versions to be supported

In-depth description and details can be found on http://mnikolic.com/pivotbuilder-personal-suite.html


  • Construct up to 8 individual, fully-customizable, and highly adaptable price envelopes (pivots) based on your criteria.
  • Quickly and easily configure PivotBuilder to trade any market (stocks, futures, indices, forex, CFDs, etc.) at any time frame, or chart type.
  • Use price envelopes to effectively trade short/long term trend, filter market noise/consolidation, or scalp price momentum for quick profits.
  • Assign each envelope as a long entry, short entry, long exit, or short exit trigger, and trade alerts as your conditions are met in real-time.
  • Ensure you are protected against volatile price behavior (like thrusts) by configuring envelopes to issue warning alerts as soon as their levels are broken.
  • Each envelope can be individually configured, helping you build a complete trading system from scratch (or load defaults as a starting point).
  • Aside from selecting the quantity of envelopes you would like to build (consider in strategy), configurable options include: deviation, volatility inclusion, displacement, period, moving average type, price type. Deviation can be either positive or negative, depending on whether you’d like to place the envelope above or below price action.
  • Each envelope can be calculated using 4 different moving average types: Simple, Exponential, Weighted, and Triangular (double-smoothed).
  • Standard deviation (envelope spacing) can be derived and applied in terms of price fractioning, volatility – or both.
  • Apply shortcuts like Global Period and Sequential deviation to configure multiple envelopes at once, and speed up configuration, optimization, and testing of your strategies.
  • Set-up Trigger-Crossing-Envelope (TCE) and Trigger-Piercing-Envelope (TPE) alerts with just a few clicks. For example, use TCE alerts to confirm envelope crossing conditions (ideal for opening trades), and TPE to detect piercing of key levels (recommended for exit signals). In plain English: TCE helps you detect onset of a trend and overbought/oversold conditions, while TPE helps you detect retracements and price thrusts.
  • Get alerted as soon as your conditions are met. PivotBuilder issues visual (Show-Me dots), audio, email, and pop-up alerts for any condition that your strategy may require.
  • PivotBuilder Personal Trading Suite includes 7 add-ons: Indicator to help you construct and display envelopes according to default, workspace(template), or your own(custom) configuration; a ShowMe study for visualizing how your conditions and settings perform in the market; 4 Strategy add-ons (LE, LX, SE, SX) for back-testing and automating trading based on your PivotBuilder strategies; and API Function, for integration of PivotBuilder into other TradeStation® add-ons (standard and 3rd party). The ShowMe add-on includes all TradeStation® alert options, so you’ll get notified as soon as your conditions are met, via any channel you desire.
  • Use PivotBuilder to develop a standalone trading system, or as an additional component within your existing strategy.
  • The PivotBuilder API Function add-on allows you to further extend PivotBuilder's functionality by easily integrating it into other add-ons, helping you compound capabilities and effects of multiple analysis techniques. See THIS TUTORIAL for usage and application of the PivotBuiler API.
  • Purchase includes a 34-page, in-depth operational manual explaining each add-on's features, options, and recommended settings. Includes sample strategies and trading setups.
  • Get a quick start by loading one of several preconfigured templates (workspaces, analysis groups) configured for specific markets, time frames, and chart types.
  • Receive unlimited, lifetime product and technical support, including free monthly updates (new features, algorithmic optimizations).
  • Receive a complimentary premium membership to mnikolic.com (Build-a-Signal Community) and gain access to indicator resources, including TradeStation® workspaces, desktops, analysis groups, strategies, and user discussions. Downloadable PivotBuilder content (such as workspaces) is categorized and optimized on market, time frame, and chart type basis.
  • Like all my other products, PivotBuilder - Personal Suite has been thoroughly tested for profitability. The indicator yields greatest profitability from scalping and trend-following setups.



Purchase Terms: US$775 (lifetime license)
For sale at the official Marko Nikolic Investment Research store: http://mnikolic.com/store





MN_investment_research
26 Posts
Posted - 09/13/2012 15:22:24    
THE ANATOMY OF PIVOTBUILDER - PERSONAL SUITE



PIVOTS ADAPT TO REAL-TIME PRICE ACTION
Traditional support/resistance levels lag and do not take real-time price behavior into consideration. PivotBuilder - Personal Suite's institutional-grade algorithm helps you construct customizable pivot lines that follow and adapt to price action as it emerges.

BUILD POWERFUL + PROFITABLE PIVOT-BASED STRATEGIES
PivotBuilder's algorithm takes your input, such as volatility, deviation, period, moving average type, etc., and produces up to 7 Pivot Lines (plus the Trigger Line) optimized for the market you are trading. The Indicator component draws the pivot lines, while the ShowMe component helps you choose and display short/long conditions based on the line interactions configured. Subsequently, ShowMe issues signals based on your input. At bare minimum, those signals come in form of colored dots, with additional options to setup pop-up, audio, and email alerts. Finally, the 4 Strategy components help you set-up order rules (long enter, long exit, short enter, short exit), back-test and auto-trade strategies based on your input, and incorporate desired money management conditions.

FULL VERSATILITY: SCALP OR FOLLOW TREND
PivotBuilder - Personal Suite is completely versatile, and capable of creating or adapting almost any pivot-based strategy. With just a few parameters, you can configure the indicator to issue high-probability scalping signals, based on high deviation band crosses, or setup filtered trend-following signals that avoid choppy markets.
MN_investment_research
26 Posts
Posted - 09/13/2012 15:43:00    
Google Inc. (NASDAQ:GOOG) $0.5 Momentum Bar


This scalping strategy is perfect for quick market action - especially around opens. The 2 lower envelopes (period: 125, volatility applied, auto-displacement applied) are used to open or add to long positions, while the upper two are used to open or add to short positions. PivotBuilder was also programmed to issue warnings (smaller blue/yellow ShowMe dots) when price crosses above Green (overbought limit) and under Blue (oversold limit) envelopes.



MN_investment_research
26 Posts
Posted - 09/13/2012 15:43:59    
Alcoa Inc. (NYSE:AA) 100k Share Bar


This strategy has 2 sets of displaced envelopes: slow-moving (conservative) and fast-moving (aggressive).The conservative envelopes (green, white, aqua) are used for opening (or adding) short AND long positions, while the two aggressive envelopes are used for closing them. The upper fast-moving envelope (yellow) adapts to climbing price action (displaced positively) and is used for closing long positions as soon as market consolidates/retraces. The lower fast-moving envelope (magenta) adapts to falling price action (displaced negatively) and is used for closing short positions as soon as market consolidates/retraces.

MN_investment_research
26 Posts
Posted - 09/13/2012 15:45:04    
Dow Jones Industrial Index (TradeStation:$INDU) 45-min Chart


This slightly more complex strategy makes use of the Triangular Moving Average - 1 of 4 available Moving Average types within PivotBuilder. This particular MA type is smooth (double-averaged) and adaptive, making it ideal for volatile markets like the DJIA. The strategy has 2 components: trend-following, and scalping. The Trend envelope (white) is used for opening long (when trigger line (red) crosses from below) and short (when trigger crosses from above) positions. The other 2 highly deviated envelopes represent statistical extremes - overbought (magenta) and oversold (green) levels that continually adapt to changing price action. These two lines can either be used to close positions opened via Trend line cross, or to scalp price action, capitalizing on retracements, thrust reversals, and swings (in ranging market conditions). We scalp long when trigger (red envelope) crosses green (oversold envelope) from below, and scalp short when trigger crosses magenta (overbought envelope) from above. Just like with any scalping strategy, we would use take-profit/stop-loss limits - or, alternatively, add more pivot envelopes (via PivotBuilder) to use for exiting positions. All individual conditions (signals) pertaining to line interactions (crosses) are setup directly within PivotBuilder's Indicator, ShowMe, and Strategy components. Each line cross can be configured to act as either a long, a short, both long+short (depending whether line is crossed from below or above), or a pierce signal.

MN_investment_research
26 Posts
Posted - 09/13/2012 15:46:20    
U.S. Dollar - Yen (FOREX:USDJPY) 3-min Chart


This strategy involves setting up an equally displaced pivot line "grid" around price action. It makes use of all 7 configurable pivot envelopes within PivotBuilder (white line; 3 above it; 3 below it), plus the trigger line (red). As trigger line (representing smoothed price action) crosses/oscillates through different pivot grid levels, we either open or add to long/short positions. If any of the 7 lines are crossed from below, a long signal is issued. Inversely, trigger crossing lines from above yields a short signal. If take-profit/stop-loss limits or trailing stop are not used, we can optionally use line crosses to close profitable positions when signals change from long to short and vice versa. Each of the 7 pivot lines (envelopes) has their own alert settings, so you can select any envelope to alert any line interaction (signal).

MN_investment_research
26 Posts
Posted - 09/13/2012 15:47:40    
Sample Strategy Performance E-Mini S&P 500 Futures (CME:ES) 50-cent P&F





STRATEGY SETTINGS

Initial capital: $100,000

Commission: $7/trade

Trade size: 10 contracts (fixed)


This premium PivotBuilder strategy is available as free download (in form of workspace/analysis group) to all PivotBuilder customers. The strategy, configured to detect specific swings in price, is based on a 50-cent, single-bar reversal P&F chart. It provides steady, linear returns with relatively low drawback.

MAtricks
1638 Posts
Posted - 09/13/2012 16:09:17    
quote:
Originally posted by build-a-signal
Sample Strategy Performance E-Mini S&P 500 Futures (CME:ES) 50-cent P&F

STRATEGY SETTINGS
Initial capital: $100,000
Commission: $7/trade
Trade size: 10 contracts (fixed)



Hmmm, I'm not sure what calculator you have, but mine doesn't do math like this. back to the drawing board....
MN_investment_research
26 Posts
Posted - 09/14/2012 18:22:31    
Whoops. I've mistakenly used stock commission - leftover from prior backtesting. In any case, thanks for pointing it out. The performance of ES 0.5 P&F remains only marginally affected even at $2.34/contract. I'll post another ES example - yes, with futures pricing :) - on Monday.
MN_investment_research
26 Posts
Posted - 09/17/2012 17:03:36    
Below is another ES strategy, this time running on Renko $1.25. The sample strategies I provide here and on the forum (mnikolic.com) are meant to highlight PivotBuilder's versatility, customizable parameters, and ultimately offer guidance to new customers looking to get started in specific markets. I'm not selling any single miracle "system" or trading robot. PivotBuilder is a comprehensive trading framework that allows its users to build their own trading system based on configuration of pivot lines and their interaction with price action (straight or smoothed).
MN_investment_research
26 Posts
Posted - 09/17/2012 17:11:51    
All existing PivotBuilder users can download the following strategy directly from mnikolic.com: http://mnikolic.com/mini-cme-es-25-renko-system-4x-strategy-t-552.html

PivotBuilder Strategy PB1002: E-Mini (ES) $1.25 Renko Equity Curve



PivotBuilder Strategy PB1002: E-Mini (ES) $1.25 Renko Performance Summary



PivotBuilder Strategy PB1002: E-Mini (ES) $1.25 Renko in Action (blue dotted line = profitable trades; red = losing)




TradeStation Strategy Properties:

  • Commission: $2.34/contract

  • Trade Size: 10 contracts

  • Position Limits: no pyramiding

Randy3
63 Posts
Posted - 09/19/2012 14:28:22    
Hi, additional information needed:

1) Revised Strategy Report to include -

a) add position slippage of 1 tick per share/contract (for the ES posted above $12.50 per contract).

b) include in your posting the info for drawdown at the bottom of the summary page.




2) Optimization -

a) simple or complex: few inputs or numerous inputs.

b) in-sample vs out-of-sample: does the out-of-sample hold up to the in-sample optimization.


I personally cannot make a decision to purchase or use your products without this information included.

Thanks.
MN_investment_research
26 Posts
Posted - 09/21/2012 10:59:48    
Sure, that's a very reasonable request, Randy. You can expect the info tonight or Monday.
flyingscotsman
14 Posts
Posted - 09/23/2012 11:15:25    
hello, what about adding "Use Look inside bar back tesing" (LIBB) "Intray-day ~ 1min , max bars study will reference ~ 50" being enabled too that usually adds a sense of realism to amazing looking equity curves. thanks
MN_investment_research
26 Posts
Posted - 09/27/2012 13:27:34    
@Randy3 - Apologies for the delay, I've been out of the office for the past week. Will post a new strategy with requested parameters this afternoon.

@flyingscotsman - Since LIBB is only applicable to intra-day and tick charts, I'll post a separate strategy later this week. Bear in mind, all signals are issued on confirmation i.e. period close by default, to prevent repainting. That said, PivotBuilder does have an optional mode called "Trigger Piercing Envelope" (see post 1) that allows you to close already-open positions as soon as the Trigger line pierces a target pivot line. This is the sort of strategy where LIBB consideration would be informative.
MN_investment_research
26 Posts
Posted - 09/28/2012 08:44:58    
All existing PivotBuilder users can download the following strategy workspace (#PB1003 - Range Bar Level Trading) directly from the PivotBuilder sub-forum: http://mnikolic.com/templates-workspaces/mini-cme-es-level-trading-4x-strategy-pb1003-t-557.html

PivotBuilder Strategy PB1003: E-Mini (ES) Range Bar Level Trading Equity Curve



PivotBuilder Strategy PB1003: E-Mini (ES) Range Bar Level Trading Complete Performance Summary




PivotBuilder Strategy PB1003: E-Mini (ES) Range Bar Level Trading Trade Analysis



PivotBuilder Strategy PB1003: E-Mini (ES) Range Bar Level Trading Monthly Returns



PivotBuilder Strategy PB1003: E-Mini (ES) Range Bar Level Trading Winning Distribution



PivotBuilder Strategy PB1003: E-Mini (ES) Range Bar Level Trading Losing Distribution




PivotBuilder Strategy PB1003: E-Mini (ES) Range Bar Level Trading Total Trades Distribution




TradeStation/MultiCharts Strategy Properties:

  • Commission: $2.34/contract

  • Slippage: $12.50/contract

  • Trade Size: 10 contracts

  • Max Contracts: 60

Randy3
63 Posts
Posted - 09/28/2012 13:03:48    
Thank you for the more detailed info.
flyingscotsman
14 Posts
Posted - 09/29/2012 08:47:06    
hello, i did a bit of maths if this strategy trades 60 contracts when going long...$2.34 x 60 contracts x 123 trades = $17269 commissions for long trades. Going Short 10 contracts = $2.34 x 10 contracts x 25 trades = $585. $17269 + $585 = $17854 and not $692
Or is tradestations strategy programme doing things a different way / am i missing something ? I don't want to come across as too negative with my comments, hopefully your strategy is getting more realistic...have you traded it live yet ?
flyingscotsman
MN_investment_research
26 Posts
Posted - 10/01/2012 12:07:30    
Thanks a lot for pointing out the discrepancy, flyingscotsman. Just checked the strategy properties and although slippage was set to per contract basis, commission was still calculated per trade. This was an honest mistake - please see fully revised results below (will be uploaded within few mins).

That said, it's still not going to be anywhere close to what you calculated ($17269) since your calculations are using maximum contract sizes for individual trade transactions. The strategy trade size is fixed at 10 contracts, while max long contracts held is 60. Another words, the most long contracts opened at any point is 60 - i.e. you have 6 long trades open, each carrying 10 contracts. Hope that clears it up.

I have't traded it live but existing PivotBuilder customers have.

Marko
MN_investment_research
26 Posts
Posted - 10/01/2012 12:27:42    
***Revised results to include $2.34/contract. Slippage remains at $12.50/contract.***

PivotBuilder Strategy PB1003: E-Mini (ES) Range Bar Level Trading Equity Curve



PivotBuilder Strategy PB1003: E-Mini (ES) Range Bar Level Trading Complete Performance Summary




PivotBuilder Strategy PB1003: E-Mini (ES) Range Bar Level Trading Trade Analysis



PivotBuilder Strategy PB1003: E-Mini (ES) Range Bar Level Trading Monthly Returns



PivotBuilder Strategy PB1003: E-Mini (ES) Range Bar Level Trading Winning Distribution



PivotBuilder Strategy PB1003: E-Mini (ES) Range Bar Level Trading Losing Distribution




PivotBuilder Strategy PB1003: E-Mini (ES) Range Bar Level Trading Total Trades Distribution




TradeStation/MultiCharts Strategy Properties:

  • Commission: $2.34/contract

  • Slippage: $12.50/contract

  • Trade Size: 10 contracts

  • Max Contracts: 60

MN_investment_research
26 Posts
Posted - 10/04/2012 12:26:06    
The PivotBuilder API function (part of the PivotBuilder v1.5 framework) is now available for download to all existing customers. The API allows users to natively and easily integrate PivotBuilder with other add-ons - both standard and third party.

Example: PivotBuilder integrated within the Relative Strength Index (RSI) oscillator
The chart below shows PivotBuilder calculating and drawing lines based on the RSI curve. Since we're essentially gauging price momentum, the interaction of RSI-derived pivot lines often proves to be a leading indicator. When using the PivotBuilder API function, the integration of the two add-ons took less than 3 minutes.



More details can be found on the release page: http://mnikolic.com/announcements/pivotbuilder-v1-5-released-new-add-on-t-560.html

Marko
MN_investment_research
26 Posts
Posted - 10/05/2012 11:08:07    
An in-depth, step-by-step tutorial on the usage and application of the PivotBuilder API function has been published. Includes example on integrating/compounding PivotBuilder with oscillators like RSI.

Publication link: http://mnikolic.com/announcements/tutorial-extending-pivotbuilder-using-api-function-t-559.html

Marko
MN_investment_research
26 Posts
Posted - 11/12/2012 22:43:58    
I have received several private requests to publish a PivotBuilder-based forex strategy and related performance results (including realistic spread, slippage). The strategy has been tested and its results (along with a workspace download link for existing clients) will be published here and on mnikolic.com over the next 1-2 hours.

Marko
MN_investment_research
26 Posts
Posted - 11/13/2012 03:02:21    
The forex workspace has now been published. All existing PivotBuilder users can download strategy workspace #PB1004 (EUR/USD Kagi High-Frequency Trading) and review its performance directly from the PivotBuilder resources section: http://mnikolic.com/templates-workspaces/eur-usd-high-frequency-kagi-pb1004-t-567.html

Marko Nikolic
MN_investment_research
26 Posts
Posted - 11/14/2012 14:28:23    
PIVOTBUILDER STRATEGY WORKSPACE #PB1004

This workspace was developed primarily for high frequency traders. PivotBuilder's Pivot lines and Trigger line have been configured to identify and scalp probable support/resistance level breaks. It is precisely for this reason Kagi chart type was used - it removes market noise and outlines S/R bands.

You will notice that although equity growth is relatively consistent, it often comes in cyclical run-ups consisting of 150-200 trades. Rest of the time, equity curve oscillates around +/- 10% growth, generally sloping in the positive direction.

Includes slippage of $5 per 0.5 standard lot (approximately 1 pip) as well as $5 per 0.5 standard lot commission (1 pip spread) - average among majority of brokers.

PIVOTBUILDER - PB1004 TRADE ANALYSIS - MAY 14, 2012 - NOVEMBER 14, 2012 (184 DAYS - MAXIMUM HISTORY)


PivotBuilder Strategy PB1004: EUR/USD Kagi High-Frequency Trading Equity Curve




PivotBuilder Strategy PB1004: EUR/USD Kagi High-Frequency Trading Complete Performance Summary





PivotBuilder Strategy PB1004: EUR/USD Kagi High-Frequency Total Trade Analysis




PivotBuilder Strategy PB1004: EUR/USD Kagi High-Frequency Trade Series Analysis




PivotBuilder Strategy PB1004: EUR/USD Kagi High-Frequency Winning Trade Distribution




PivotBuilder Strategy PB1004: EUR/USD Kagi High-Frequency Losing Trade Distribution




PivotBuilder Strategy PB1004: EUR/USD Kagi High-Frequency Trading Total Trade Distribution




PivotBuilder Strategy PB1004: EUR/USD Kagi High-Frequency Trading Maximum Favorable Excursion (%)




PivotBuilder Strategy PB1004: EUR/USD Kagi High-Frequency Run-Up (P/L)




TradeStation Strategy Properties:

  • Commission: $5 per 0.5 standard lots

  • Slippage: $5 per 0.5 standard lots

  • Trade Size: 0.5 lots = 50,000 currency unites

  • Max lots: 3 = 300,000 currency unites



As previously mentioned, all PivotBuilder users can download this strategy workspace directly from the downloads section: http://mnikolic.com/templates-workspaces/eur-usd-high-frequency-kagi-pb1004-t-567.html#pid1626


Marko Nikolic
MomentumTrader
159 Posts
Posted - 11/29/2012 06:15:24    
Have these strategies been optimized?
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