TradeExpectancyCalculator Free

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

Four filters with three modes are used to determine the best Buy-Sell signal:

Auto – Auto select Zero Lag MACD, RVI, Fisher or ADX filter
Filter Off – No filter will be selected
Turbo – Filter out unwanted holds and stops (proprietary algorithm)

Four indicators are used to determine the best gain and stop values. The two indicator modes are:

Auto (default) – The gain and stop limits are automatically determined for each transaction.
Fixed Gain/Stop – The gain and stop limits are manually set.

Features:

Buy-Sell Signal
Quality of Trade – Based on Hold and Stop probabilities
Back-test to one-year
Trade Expectancy (dollars and percent)
Number of completed trades verses transaction
Displays filter and indicator that best work for this transaction
Trade Setup Statement – Specifies Number of shares, Symbol, Buy, Sell and Stop limit
Measures Resistance (Dollars and Percent)
Measures Support (Dollars and Percent)
Initial Risk of Transaction – Determines R-multiple (Dollars and Percent) –
Weeks-to-Sell – Time to sell the security
Predictability – Historical prediction accuracy
Return on Investment (Annualized ROI)
Discount/Premium Selector – Discount or premium stock purchase
Historical Buy probability
Historical Sell probability
Historical Hold probability
Historical Stop Loss probability
Data is color coded Green-Yellow-Red for importance