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Trading Expectancy, the edge for consistent profits and success

Trade Expectancy Calculator Free

by Chris Werner

What is it about?

Trading Expectancy, the edge for consistent profits and success.

App Details

Version
1.2
Rating
(3)
Size
7Mb
Genre
Finance
Last updated
May 13, 2015
Release date
March 31, 2015
More info

App Store Description

Trading Expectancy, the edge for consistent profits and success.

Trade expectancy is probably the most important factor in trading/investing success. Expectancy is the average amount you can expect to win (or lose) with each trade. Expectancy is calculated with the following formula:

Expectancy = (Probability of Win * Average Win) – (Probability of Loss * Average Loss)

Four filters with three modes are used to determine the best Buy-Sell signal:
1. Auto – Auto select Zero Lag MACD, RVI, Fisher or ADX filter
2. Filter Off – No filter will be selected
3. Turbo – Filter out unwanted holds and stops (proprietary algorithm)
4. Four indicators are used to determine the best gain and stop values. The two indicator modes are:
5. Auto (default) – The gain and stop limits are automatically determined for each transaction.
6. Fixed Gain/Stop – The gain and stop limits are manually set.

Features:
1. Two Buy-Sell Signals, Top and Filter
2. Quality of Trade – Based on Hold and Stop probabilities
3. Back-test to one-year
4. Trade Expectancy (dollars and percent)
5. Number of completed trades verses transaction
6. Displays filter and indicator that best work for this transaction
7. Trade Setup Statement – Specifies Number of shares, Symbol, Buy, Sell and Stop limit
8. Measures Resistance (Dollars and Percent)
9. Measures Support (Dollars and Percent)
10. Initial Risk of Transaction – Determines R-multiple (Dollars and Percent) –
11. Weeks-to-Sell – Time to sell the security
12. Predictability – Historical prediction accuracy
13.Return on Investment (Annualized ROI)
14. Discount/Premium Selector – Discount or premium stock purchase
15. Historical Buy probability
16. Historical Sell probability
17. Historical Hold probability
18. Historical Stop Loss probability

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