How to Automate Your Trading System with Chart Nexus Xperttrader
If you are looking for a way to create and test your own trading rules based on technical indicators and candlestick patterns, you might want to check out Chart Nexus Xperttrader. This is a powerful module that allows you to build your own sophisticated trading system using the most popular technical indicators such as Moving Average, MacD, RSI, Stochastics, ADX and more. It also easily detects Japanese candlestick patterns e.g. doji, harami, hanging man, 3 soldiers and more. You can even detect your own custom patterns too!
Chart Nexus Xperttrader is a unified trading system that combines a stock screener, a rules composer and a backtester for creating powerful rules to help you identify winning stocks. Designed to work for traders, investors, brokers with some level of understanding of technical indicators, Xperttrader lets you create your own set of rules based on pre-set indicators and then conduct simulated back-testing on these rules. You can see how your rules perform on historical data and optimize them for maximum profit.
With Chart Nexus Xperttrader, you can also access up to 15 years of historical market data for free for the duration of your subscription. You can also get free version upgrades, fast support, 14-day money back guarantee and more. As a bonus, you can also get access to Xperttrader Library, which contains a set of rules to screen for price breakouts, stocks that are trading near their all time high or low and stocks trading near attractive Fibonacci Retracement Levels.
If you want to automate your trading system and find the best stocks to trade, you should give Chart Nexus Xperttrader a try. You can download it from here and start creating your own trading rules today.
How to Use Chart Nexus Xperttrader
To use Chart Nexus Xperttrader, you need to have Chart Nexus installed on your computer. You can download Chart Nexus from here and install it following the instructions. Once you have Chart Nexus, you can launch Xperttrader from the Tools menu.
The first thing you need to do is to create your own rules using the Rules Composer. You can choose from a variety of technical indicators and candlestick patterns and set your own parameters and conditions. You can also import rules from the Xperttrader Library or from other sources. You can save your rules as a file for future use.
The next thing you need to do is to run the Stock Screener using your rules. You can select the market, the time frame and the date range for your screening. You can also filter the results by price, volume, market capitalization and other criteria. The Stock Screener will show you a list of stocks that match your rules and their performance statistics.
The last thing you need to do is to backtest your rules using the Backtester. You can select the stocks, the time frame and the date range for your backtesting. You can also set your trading parameters such as initial capital, commission, stop loss and profit target. The Backtester will show you a detailed report of your trading performance, including equity curve, drawdown, return, risk-reward ratio and more.
By using Chart Nexus Xperttrader, you can create and test your own trading system with ease and confidence. You can find the best stocks to trade based on your own criteria and optimize your trading performance with historical data. You can also learn from other traders by accessing the Xperttrader Library and sharing your rules with others. 248dff8e21