Owl Templates on EdgeRater

Dr. Ken Long’s Swing Systems and Critical States templates are on EdgeRater PRO 2024 release.

  • Scanning — by pressing a single button, symbols that adhere to the trading strategy rules will be displayed. Upon selecting a symbol from the report, the corresponding chart will appear, highlighting the relevant date.

  • Backtesting — you specify entry rule(s) and an exit rule(s) and then use the built-in Trade Simulation feature to backtest all stocks in your symbol list over your chosen time period. A comprehensive trade report is generated showing the trade list, daily equity curve, frequency distribution chart and trade summary. You can navigate around the generated report and see each trade highlighted on a stock chart showing the entry, exit and reason for exit (eg. Stop loss exit). If you have many simulations to run you can put them together in batch runs.

  • Monte Carlo Simulation - run Monte Carlo analysis on your trade strategy P&L to create a statistically significant distribution of expected Final Equity returns and Maximum Drawdown.

  • Multi-Factor Analysis - determine how your strategy will perform under different market conditions, seasons, months, day of the week, or with different indicators. Label the specific combinations of interest and execute the Multi-Factor Analysis to evaluate the strategy's performance in each scenario.

Ken Long’s Swing Systems template

 

S&P500 symbols that meet the Swing Systems rules

 

Trade list from running the Swing System template. Select the data of interest and the corresponding chart will appear.

 

EdgeRater backtesting results of Ken Long’s Swing Systems 5DD strategy

Swing System setups on SPY vs buy & hold. Back test simulated study only.

 

Course: applied SWING SYSTEMS OWL STRATEGIES

recordings available now

Discover the secrets of Dr. Ken Long's Owl Swing trading methodology in this specialized course tailored for traders. Utilizing the powerful EdgeRater tool for signal generation and strategy backtesting, participants will delve into the fundamental terminologies of Owl trading and the essential components of the Plan-Prepare-Execute-Assess process.

Our aim is to equip attendees with the skills to tackle trading challenges effectively, identifying opportunities using EdgeRater Swing Systems and executing trades based on price action. Through live demonstrations and in-depth backtesting studies, participants will gain practical insights into solving real-world trading dilemmas.

Develop a disciplined and focused trading approach with us. While the EdgeRater tool is recommended for this course, you can still benefit from the knowledge it provides without it. For those interested, EdgeRater can be purchased separately at edgerater.com/ablewaytech.

Receive Dr. Ken Long’s two latest ebooks: "Swingtrading Basics: Understanding the Herd" and “Mechanical Swing Trading” as bonuses.

Course Syllabus: LINK

****** SPECIAL $100 off *****

coupon code: HOMESTUDY$100

Ken Long’s Critical States Scans to find the symbols that are in a “critical state” that are likely to mover higher or lower.

Critical States Template run on S&P500

Application example of Critical States Template to identify symbols to trade

Join Our Thriving user group:

Our Owl Bundle User Group (OBUG) members meet via Zoom on a weekly basis to study various trading strategies on the Thinkorswim and EdgeRater platforms. These meetings serve as a forum for knowledge sharing, where experienced Owl traders discuss strategies, insights, and market trends. By participating in these sessions, you'll gain valuable knowledge and be able to interact with fellow traders who are part of our thriving community.

Additionally, we have recorded all our prior meetings, ensuring that you won't miss out on any of the valuable content even if you can't attend live. These recordings cover a wide range of topics, including swing systems, filters and scans, market analysis techniques, and much more. By accessing this extensive library of recordings, you'll be able to learn at your own pace and delve into subjects that interest you the most.

We invite you to join our thriving community of Owl traders. By doing so, you'll gain access to a wealth of knowledge, valuable recordings, and the opportunity to connect with experienced traders who can help elevate your trading to new heights. Don't miss out on this opportunity to enhance your trading journey and success.

Contact admin.support@ablewaytech.com for more information.

 


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