Friday, July 22, 2005

Daily operations performed by the TEXSOL expert-system

A picture is worth a thousand words... This is a simplistic schema presenting a sequence of events that the system performs daily:
  1. Update from the data provider (Reuters) and storage of the primary data in the Metastock database (software from Equis)
  2. Texsol computes all Technical Anasysis required for further operations by the expert system
  3. Given data as Close of Business (COB) close positions which were closed on stops and moves stops for positions remaining in the portfolio
  4. Generate all potential open trades for the day and analyses the market internals (accelerate, decelerate)
  5. Rank potential open trades according to marks given to them by the strategy
  6. According to money management (risk control, leverage control) decides whether or not to open new positions.

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