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| The R.H. FTSE100 Future Program. The
R.H. FTSE Futures program is designed for trading the FTSE 100 Futures Index
.The program carries out technical analysis calculations on the index daily
price data and automatically inserts arrow signals into the chart. These
identify the direction of the expected trend in the index ; an upward trend is
denoted by a Blue 'Sign of Strength' and a downward trend by a 'Sign of
Weakness' which is Red. If a trend is likely to pause, trade sideways or
end then a White 'Consolidation' arrow is given. The manner in which these
signals appear is shown in the various Screen Shots. The FTSE Futures program is a slightly longer term program and will give signals extending over two to three trading weeks but also the main signal may stay in for three months if a trend is maintained. During a trend the market will cycle up and down within the range of the program without giving a consolidation signal and thus introduce draw downs. The effect of this may be reduced by running other shorter term programs which provide additional information to determine when to close a trade or open a fresh one. The three Screen Shots illustrate this using different programs; B.1. shows the RH Trend added which changes the colour of the price bar to green or red depending on whether the shorter term direction is likely to be up or down. Thus the main signal is only traded if supported by the price bar. Similarly B.2. shows the 'R.H. One to One' program on the FTSE cash index on the same time base and presented as a dual chart ,one above the other, for easy signal recognition. As before it is only traded when the signals support each other and although it will likely increase the number of trades it will reduce the risk of loss and of suffering draw downs till the market recovers. The third chart shows the application of a secondary indicator which is used in conjunction with a set of simple rules. As previously the market is only traded in the direction of the main signal. A comprehensive Manual of instructions is provided which covers the loading of the software into the Omega platform, the updating of data and exactly how to use the trading programs. We also can provide a home study course which covers professional trading and the trading of Options. A synopsis of the course can be found by linking from the Grail Home Page.
If this type of Trading Program is new to you we recommend that you become totally familiar with the subject of Technical Analysis ,the theory and the practise ,so that you fully understand how such programs are constructed. There is a risk of loss when trading futures which may be limited when using options or stoploss orders. We draw your attention to the 'Introduction to Trading' section of this site which provides background information and also points you in the direction of further informative material on technical analysis ,options and trading.
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