Our software was built based on AbleTrend technology which has been around for more than ten years. When you are looking for trading decision-making software, you don't want to risk your hard earned money on any untested new approaches. "Time tested" is very crucial in selecting your trading tools.
Our universal indicators and system have been used for trading all markets, for example stocks, futures, commodities, Forex, mutual funds, etc. Since the software does not know the underlying markets and chart intervals, it is not possible for the software to curve-fit the data to come up with unrealistic results. This is extremely important because only a good universal system can be robust. Beware of the curve-fitting possibility if you see a system that performs very well for any specific market and interval.
When you look at a system, you need to look at the profit factor, maximum drawdown, winning rate and overall long-term performance. According to the regulation, it is not appropriate to offer general winning rate numbers since it would be misleading due to the generalization. The software offers all important and specific details in the back testing reports. You should be able to find the reports that are relevant and specific to your trading styles and strategies.
A higher winning rate is relatively easy to reach if you set the profit target very small. This will not help you to make a profit. This is the trick many vendors are playing. Please watch out.
|Longer time interval||Shorter time interval|
Every trader should pick the chart time interval according to his/her own risk tolerance, reward expectation, available time, market to trade, market instrument leverage, etc.
Typically, you select a relatively smaller time interval if the market instrument is heavily leveraged and your risk tolerance is low. You need to be able to follow the market in real time.
If you have a relatively large risk tolerance, you can use larger time interval chart.
Normally, 3/5 minute charts are for day trading, 30/60 minute chart is for swing trading and daily chart is for position trading.
Generally speaking, 100% mechanical trading means that you don't use any discretion during the trading. You follow the buy or sell trading signals generated by AbleTrend 7.0. In trading, when you check EBC (Entry at Bar Close) in the TS window, you will get the back testing report that matches the EBC execution method. EBC execution means that you will buy or sell if you see a stable buy or sell TS at the bar close. Actually, fully mechanical means that you cannot inject any discretion during the trading since your decision window (the time you spent to analyze the indicators and price action) is zero (at the bar close).
Here are the situations that are appropriate for fully mechanical trading:
STM can be used for any time interval, including smaller intervals (for example 2 minutes or 5 minutes). STM can be used for day trading, swing trading and position trading of all markets. The goal of the STM is to find the optimal low risk entry points with the maximum profit potentials. STM is easy-to-learn, easy-to-use. It is nearly fully mechanical, yet flexible enough to leverage traders' experiences.
Simplified Trading Method combines the strength of both the mechanical system and indicator packages.
Most people would like to use trading software to remove the guesswork and emotion. But they still like to have some control and flexibility.
STM is a perfect alternative for those people who actually don't need mechanical trading. In STM, all the rules and strategies are clearly defined and very easy to follow. Most rules of STM are pretty mechanical with colors, dots and values. It is nearly fully mechanical with the benefits of lower risks and higher rewards. It has the appropriate flexibility to positively leverage traders' experiences. The software objectivity is maximized and traders' discretion is minimized.
Whenever you hear a stock trading recommendation from someone or from some stock pick services, for example IBD's 100, VectorVest, newsletters or CNBC, you would like to take advantage of the potential price movement. But in reality, many stocks are at all time highs when you hear the recommendation. You don't necessarily make money if you jump in right away. Those stocks are basically not tradable because they miss the two most important elements for tradability. 1. The optimal entry point. 2. The specific protective stops. In order to take advantage of those stock pick services, you need to make them tradable, meaning that you need to know exactly when to open a position and what price to buy, you also need to know where to put your stops and when to exit - the timing element of a trade. Ablesys software can offer you the best entry points as well as the specific protective stop values so that you can trade with confidence and discipline.
Price charts have a few common styles:
All of these charts tell us how the market prices move up/down along the trading process. Time charts uses time as an axis (scale) while time independent charts uses bar count as an axis (scale). The natural course of a market move is price vs. time. Why do people use the extra step to form different types of a time independent chart? The main reason is that people hope to reduce noise of market movement and they might see the market trend (directions) better.
Heikin-Ashi candles are only a new type of time chart using new defined Japanese candlesticks. It doesn't solve the key issue - how to identify trend changes and where the support/resistance levels are.
Renko charts are one of the time independent charts. It ignores one of the most important factors in trading - time. As we know, time is everything in trading success. The time when to buy, when to sell, and when to exit are the key. Time independent charts try to ignore the normal market volatility to get an edge in trading. If you already use longer time interval charts such as 60-min, daily, or weekly charts, you already significantly reduce the market normal noise. If you use a 2-min chart before, now switch to 60-min chart, can you easily tell the market trend when you use such longer time charts? Yes, it can help, but the 60-min chart alone cannot replace "trend" indicators, such as AbleTrend. If you had used 60-min or daily charts before, you would understand what the Renko chart or Range chart can do for you. There is no magic of such "Time Independent" charts. For determining the trend or market directions, those are no better than using a longer time interval chart.
AbleTrend is a trend following indicator based on the fundamental principle of universal trend basics. It identifies trend change instantly. AbleTrend can be applied to any type of charts - time charts or "Time Independent" charts. It treats all charts the same way to determine the market directions.
Another key function of AbleTrend is it's unique protection stops. It tells the market direction and true support/resistance levels. None of the time chart or time independent charts can provide those abilities. Ability to know the trend is up or down, and ability to distinguish pull-back or trend reversed are the dream feature of every trader. These abilities are exactly the major features of AbleTrend trading software.
For short term real time trading: AbleFeed, eSignal, RealTick, or iQFeed can be used.
The software can also import any data from a text file, including tickdata, csi or other data.
FREE End of Day (EOD) for stocks, futures, forex and mutual funds data (over $360/year value) are available to all AbleTrend users now. The EOD data covers major exchanges of 29 countries including United States, Argentina, Austria, Australia, Brazil, Canada, Chile, China, Denmark, France, Germany, Hong Kong, India, Indonesia, Israel, Italy, Korea, Malaysia, Mexico, New Zealand, Netherlands, Norway, Singapore, Spain, Sweden, Switzerland, Taiwan, Thailand and United Kingdom. Traders around the world can trade their local markets without the need to maintain the data. The software can automatically load the charts and give the buy/sell/stop signals.
WinTick is mainly used for searching the hot picks for all markets (more than ten thousand symbols).
AbleTrend 7.0 has both trading system and indicators. It has back testing capability so that it can be used for 100% mechanical trading. It also has risk and money management systems built-in.
ASCTrend 3.5 has indicators only. They can be used for rule-based low risk/high reward trading. They have certain risk management features.
Yes. A trader designed this software so that colored bars and sound alerts are very easy to understand and interpret.
However, we would like to point out that trading is one of the most difficult tasks in the world. You do need to have a long-term business plan, proven strategies, powerful tools, good money management and some learning and hard work in order to come out ahead. We don't want to give you the false impression that this software will help you make money by itself. There are many scams to fulfill "the lazy man's dreams of getting rich fast". Please be aware.
The discount code or the promotion code will be used in the checkout page when you order the software license.
Yes. AbleTrend 7.0 can be installed on multiple PCs as long as you only run one copy at any time.
Yes. AbleTrend 7.0 has many traditional indicators (e.g. MA/EMA/RSI/MACD/Stochastic/BollingerBand/ADX/Volume) built in.
We offer a 30-day trial because we think this is the best way for traders to learn how to use our program and to evaluate how it fits in with their style of trading. The software available as a trial is fully functional software with all the necessary documents, support resources and one-on-one trading technique consultation. Traders who take advantage of the trial will have an opportunity to review and evaluate all features of the software and understand the associated trading techniques.
If the software fits your trading style, you can continue with an annual lease or a permanent purchase. If the software does not fit, you don't need to call or send an e-mail to cancel or terminate it. The trial will terminate by itself at the expiration of the 30-day license. We think this approach is also fair for traders since traders aren't required to make a large, upfront commitment.
The trial involves a small fee because it offers full power. Most importantly, our experience shows that only traders who make a commitment will allocate time to study the relevant trading rules and practice the appropriate trading techniques. The likelihood of success increases dramatically for traders who are willing to make a commitment to learn our software.
The 30-day trial is an important indication that we have full confidence in our software. We have been offering our services for more than ten years. Ablesys is a prestigious brand name in the high-end trading software business. We have many successful customers who voluntarily gave us their testimonials. Due to the long-term successful track record and customer feed back, the software has been granted numerous awards by Stocks & Commodities Magazine. Unlike some software vendors who charge you the full price up-front with very sleazy money back guarantees that you have only a remote chance of getting, we let you evaluate the complete software before you make any long-term commitment. We believe this is the best practice in the trading software industry.
No. At the end of the 30-day trial, you don't need to do anything (call or send e-mail to us) to stop the trial.
The trial will terminate by itself unless you upgrade to the annual license.
Traders need to make a long-term commitment. Trading strategies can be validated only with a reasonable numbers of trades. Your trading plan associated with your trading strategies should be executed long enough to see proper results. We think that a one-year lease is the minimum you should have before you could make any educated decision regarding your trading plan and associated trading strategies. Compared to a permanent purchase, a one-year lease has the benefit of a lower initial price. An annual lease customer also has the flexibility to use the remaining credit toward a permanent purchase any time during the lease period.
We understand that many traders would like to own the software instead of leasing. You can sign up for the trial first. If the software works for you, you can sign up the lease or permanent purchase. Any time during the lease, you can switch to permanent purchase of the software. You will be able to use the remaining credit in your lease arrangement towards the permanent purchase.
Sorry, we don't. You can take advantage of the low cost first month trial. If it works for you, you can sign up for the annual lease or purchase the software.
Trading stock options is mainly using daily charts with end of day (EOD) data. With back tested strategies, you know that you are trading strategies that are proven to be winning for historic data.
Our software will give the price direction indication in terms of buy/sell signals for the underlying stocks. You need to decide the right strategies with your trading experience and risk tolerance. In order to make it simple, you can use our software buy signals to buy calls and sell puts and sell signals to sell calls and buy puts.
Our system is for trading decision-making. You can use any brokerage firm to execute your orders if you take our signals and execute by yourself. If you would like to use AOE (Auto Order Execution -- fully hands-free electronic trading) feature, you need to work with one of our AOE brokerage partners. Please call 510-265-1883 for more information.
Many traders like AOE (Auto Order Execution -- fully hands-free electronic trading) feature. But as a beginner, we suggest you start with STM (Simplified Trading Method) first. It is easy to learn and easy to start. Once you have more confidence with our buy/sell/stop signals, you can migrate to AOE.
Yes. The 30-day trial version will let you trade any market. There is no market symbol control. When you upgrade to annual or permanent license, you have the choice of selecting market specific software, e.g. Forex, e-mini or stock to save money. The market specific software has the same features as the one in all markets. The only difference is the market symbol control.
AbleFeed is a white-label eSignal product. It offers the same high quality data feed service as the original eSignal. The only difference is that the AbleFeed can work with AbleTrend 7.0 and it will not work with eSignal charting software. Also, Ablesys offers the support and customer service and eSignal only supplies the data feed server access. In this arrangement, Ablesys is charging $25/month for the AbleFeed support/customer service. This $25/month is part of the $75/month AbleFeed base price quote. It is not something extra. In this case, eSignal only charge $30/month for the server access.
Most AbleTrend users trade on their PCs with online brokers that offer trading platforms to their clients. AbleSys 7.0 is an analysis tool, not a trading platform such as NinjaTrader or Trade Navigator. Trading platforms make online trading fast and efficient, but they may not actually help a trader to know when to enter or exit a trade. The AbleTrend 7.0 program offers proprietary signals that show trends and support/resistance levels. Most AbleTrend 7.0 users will use the AbleSys indicators to know when to trade, but use another platform to actually place the trades. A new module of AbleTrend 7.0 called Chart Trading (CT) allows users to place trades directly from AbleTrend 7.0.
AbleSys has very recently introduced a new function of AbleTrend 7.0 called Chart Trading (CT). The CT module allows traders to place trades directly from the AbleTrend 7.0 to an online broker. This module eliminates the need for a trading platform to place trades. Traders using CT can click on a chart to enter a buy/sell/stop order. This new module, therefore, integrates the AbleSys indicators with the actual trading. It allows AbleTrend 7.0 to be used as both an analysis tool and a trading platform. Online brokers compatible with CT are: TD Ameritrade, Interactive Brokers, Advanced Markets, FXCM, Open E-Cry, and PFG Best. Please contact your sales consultant for information on adding CT to your AbleTrend 7.0 license.
Trading futures and forex involves substantial risk and may not be suitable for all investors. Past performance is not necessarily indicative of future results.
These results are based on simulated or hypothetical performance results that have certain inherent limitations. Unlike the results shown in an actual performance record, these results do not represent actual trading. Also, because these trades have not actually been executed, these results may have under-or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated or hypothetical trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to these being shown. The testimonial may not be representative of the experience of other clients and the testimonial is no guarantee of future performance or success.
© Copyright 1995-2017 AbleSys Corporation. All rights reserved. Privacy Statement