TRAINING PROGRAM SCHEDULE

Part A:Basic Screen Reading of SpiderIrisplus:The objective of this training is to ensure that the executive knows the basics and explain the basic screen to anyone.

Why to Download Daily and Intraday Files?

Downloading of daily and Intraday files is most important to keep the software updated with the latest data.Daily Files- Daily files contains the Official Closing of the Market (derived at Post closing session).- The Next days %change of any scrip is compared using the previous days Daily Closing.- If the Daily file is not updated the %change figures in Intraday will not be correct, hence it is important to download the previous daily files regularly before connecting to the live market.- Daily file is uploaded on the server normally between 5.30pm – 6.00pm. Delays are possible during such delays beyond the usual time a txt file with msg is uploaded on server informing that the daily file is delayed. (As it comes after office hours this message helps in informing the clients about the delay).- Daily File name -“mmddDly.zip” - Contains N (nse), B (Bse), F (Futures), O (Options) , D (Derivatives).CA (Corporate Action), MB (Market Breadth ADS), LicSpider (License file), NseNifty.csv (Index Contribution info).“mmddCurrency.zip”“mmddCommodity.zip”“WorldMarket.zip”

Note : When we want to send different contents like a “new exe” to specific products only we name the daily files with a Prefix so that it can be seen only to the product downloading the daily file. IN_mmdddly.zip – Irisnse, IB (IrisBse), IC (IrisCtcl) , AC (Ace).

Please Note: For clients using internet in another machine we do not give them the link to our downloads. So they have to put the userinfo.txt file in that different PC daily and Copy and extract the files into the Drive.

Intraday FilesDuring the live market when you connect to the Spider Servers the live data intraday file (D4) gets automatically saved in your PC, so the user does not have to connect to Internet to see the Intraday data after the market is over. Once the current Intraday is completed and you connect for the next day, The previous days D4 file gets compressed to D5 file. The D5 file is smaller in size and compressed by removing unwanted information of previous day, which helps you to more intraday history faster. The past Intraday files are also saved (as D5) in your hard disk.What to download ? For NSE live data - ND4 (mmddIntNse.zip) and for ND5 (mmddInt5Nse.zip)For Derivative live data - DD4 (mmddIntNFo.zip ) and for DD5 (mmddInt5NFO.zip)

For BSE live data - BD4 (mmddIntBse.zip) and for BD5 (mmddInt5Bse.zip)On the server the Current days “xxxxInt.zip” are also replaced by the xxxxInt5.zipIf the client has connected to the live markets then he will not be able to see the Int.zip files on the server as he already has the data and he does not have to download again.

Explaining the Intraday connection box

Intra Day History "N" Days: Here the user has to specify how many days of past Intra Day history Data to be loaded. This has to be specified before the user clicks on Connect check box. The number of D5 files loaded will increase the memory usage of the system. If (1 days ND5 file = 10 MB) X ( 30 Days history loaded ) = 300 MB of Ram used.

You have to ensure that there is sufficient Ram left for the O/S and other applications to run so that your system does not get hung.For smoother performance Live users to make sure that in Display settings of windows.1. Screen Saver is kept as “None”.2. Turn off Hard Disk is kept as “Never”.

Data From [Open] or [Current]: If Open is selected, you will start receiving data from the beginning of the Market or from the time the user has stopped during current live market. If Current is selected the data will start from the current time (In current viewing charts should be avoided as it can show errors).

Server: After connecting to the Internet, select any of the servers One, Two, Three to get data.

Connect: When you click on Connect the Intraday History files are loaded first and then the Current day's data is loaded. The window automatically closes when the files have been loaded and the connection gets established. Please note you can connect for live data only during trading days from ( 9:15 am to 3:30 pm ).

In case you miss the live market the Intraday files (****INT.zip) will be on server in download files list.

Use Proxy Server : Enable if connecting through proxy.

Server IP : " Enter Server IP "

Port (Socks5) : "Enter Socks5 port number" (usually 1080) (Please check with your System Administrator for Proxy IP and the correct SOCKS port)

Data Ports used (also to be allowed in your Firewall settings)

IRIS BSE = Uses port 3000 ( for inbound and outbound)

IRIS NSE = Uses port 4000 (for inbound and outbound)IRIS Plus = Uses port 4999 (for inbound and outbound)

Understanding line,bar and Candle chart Open Chart > Default – Bar Chart is displayed.Bar (press B) – Green if Current Bar Close > Previous Bar Close.Candle (press J) – Japanese Candle is Green if Current Bar Close > Current Bar Open.Line (press L) – Green if Current Close > Previous Close. (plots only the closing prices)Dot Chart (press X) – Displays only the closing prices as dots. (hides price details quickly)

Importance of Volume chart Volume is simply the number of shares or contracts that trade over a given period of time, usually a day. The higher the volume, the more active the security.Volume is an important aspect of technical analysis because it is used to confirm trends and chart patterns. Any price movement up or down with relatively high volume is seen as a stronger, more relevant move than a similar move with weak volume. Therefore, if you are looking at a large price movement, you should also examine the volume.

Changing from one exchange to other (BSE to NSE,CTRL W) Pressing CTRL + W will help in...- Comparing Rates in both exchnages.- In case of spikes in Highs and Lows charts can be compared in other exchange.- Since Bse has more historical data you can check the longer term Highs and Lows and the patterns formed in Bse before trading in Nse.- Useful for analysis of gaps, Volumes and such other minor difference in both exchanges.

Understanding the Top screen terms like ADS,Turnover,Newhigh/low etc Current Index , Current Time, Advances+Declines+Same (total scrips traded), Market Turnover, Index Up/Down, Recent New High / New Low, Derivative Advances+Derivative Declines + Derivative Same, Derivative Turnover, Premium or Discount of Nifty.

Compressing and expanding the chart Press “+” key to compress and Press “-” key to expand the chart.Allows to see specific data on the chart.

Zooming and unzooming (Z) Toggle key to Zoom or UnZoom a chart. For better viewing.

Zooming a particular period (CTRL Z) Press Ctrl+Z then Select the From and To area which you want to see more closely.Use.

Understanding Bid offer figures on an intraday chart RED – Bid - The bid price is the price at which you can SELL the sharesOFFER – Offer - The offer price is the price at which you can BUY them.Bid (Red) will always lower than the Offer (Green).If Red = 0.00 then it indicates Buyers Only (no sellers) I.e Upper Circuit.If Green = 0.00 then it indicates Sellers Only (no buyers) I.e Lower Circuit.

Understanding the Green,red and white line on the Intraday charts The INTRADAY TRADERS are dependent on the Information displayed on the Bolt Terminal for numerical information. Since the information is limited to Current day only the Traders See only the Previous Days , High , Low and Close and the current Avg Traded price of today.Majority of the traders use the Previous days levels to trade on the current market.Hence a sharp reaction is expected at Previous days figures. In IRIS it is represented as..Green – Previous days HighRed – Previous days Low.White – Previous days Close.

CTRL G (Automated support resistance lines) Based on Wilders theory, this feature is the most simplest yet the most powerful feature of the software. By pressing "CTRL+G" on the intraday chart you can automatically see trading levels on the screen. By trading levels we mean important levels at which the prices will start reacting in the market.

Following levels can be seen

R2 > Resistance Top2

R1 > Resistance Top1

Avg > Pivot Level

S1 > Support Level1

S2 > Support Level2

These are popularly known a pivot levels. Based on previous days price todays trading levels can be seen.

Changing the Time Frames

This provides more clarity of the trend of the stocks. Longer the period smoother the trend seen. You can easily switch between various time periods i.e. Daily,Weekly,Monthly, Quarterly, Halfyearly Yearly and Intraday.

The following are the shortcut keys to see various Chart Period.

D = Daily

W = Weekly

M = Monthly

Q = Quarterly

I = Intraday.

Intraday bar size is used to change your intraday charts time period from a 5min chart to a 15min chart or to a 60min chart with a single click.

Press CTRL+ I and select the time period of your choice .

1,3,5,10,15,30,60 ___ (or enter the time of your preference)

About Data windows CTRL D and CTRL B CTRL+D – External data windowThe enternal Data Window if open can read the data from any chart. Meaning, if you have multiple charts open then moving the mouse to any chart will display information of that chart.

To hide the Internal window press CTRL+D againCTRL + B – Internal Data window.The data window is opened within the chart. It Is hence the most preferred option of the users. The Internal Data Window open and closed state is automatically saved while saving the chart so that while loading a Saved Screen the internal data window is also opened without pressing any key. To hide the Internal window press CTRL+B again.

Opening a new chart and changing a Scrip (CTRL N and C) Here the main difference to note is that CTRL+N will open a fresh new chart (Equity). Pressing “C” will help in changing the scrip on an already opened chart.Only 36 charts can be tiled on the screen.

Saving a Screen and saving a Chart Saving Screen – means a collection of Charts on the screen. This helps the user to load his set of screens as per his requirement in a single click.Screens can also be loaded using Short cut.eg. Save a Screen As .. “Scr 1 Myscreen.scr” Press Ctrl+1 to open the saved screen. Helps to speed up & simplify working on the software.Saving Chart – means saving a single chart only. Usually done to save a different or a default chart so that it can be opened by default later.

About Creating,Modifying and Deleting Groups and explaining the existing groups The user can create his own list of Scrip's and save it to a group. This Group can later be viewed in the Price Watch, Chart, Tick Query and also the Market Query. You can now also use the Create Group option to do the same. .Exchange Defined Nse, Bse,Industry Nse, BseBusiness Houses Nse, BseSpider Groups – (contains Derivative Current month Group also)

Scrip,Exchange and Period Synch Scrip Sync - option when enabled will change all the charts on the screen to the same stock

Example: Keep four charts open and change the time period of the charts. One Daily, the other Weekly, another Monthly and the last Quarterly.

Now select Settings > Scrip Sync. and see how you can easily study a stocks performance. You can easily see the short-term trend and the long-term trend on one single screen

Period Sync - option when enabled will change all the charts on the screen to the same period. Get a clear perspective on how all these stocks are performing at different time periods.

Keep four charts open and keep different stocks on the charts.

Now select Settings > Period Sync.. Keep changing the time period of the chart with the Shortcut keys

I = Intraday

D = Daily

W = Weekly

M = Monthly

Q = Quarterly

Auto Next Scrip Use the Auto-Next Scrip option to automatically scroll through stocks at your specified time interval. You need to select an Active Group ( G ) on the chart and then enable Auto-Next Scrip. Sit back and relax and watch your stocks scroll down automatically. Remember you can stop the Auto-Next feature by pressing CTRL+A on your keyboard. You can also try and combine the Scrip Sync Feature with Auto-Next Scrip for more effective use.

F10 (Quote listing) Daily Chart – Quote Listing will give you the daily Open, High, Low, Close ..

and Intraday Tick by Tick Chart will give you Tick By Tick Quote Listing .

and so on.. You can save this data into CSV, Excell format.

Price Watch (understanding it) Understanding Current Price Colors - Eg. If Previous tick (rate) was @100.Green – @101 - Current tick is higher than previous tick. Red – @99 - Current tick is lower than previous tick.Dark Green – Current tick is high and steady. Price moved as follows @99 > @100 > @100Pink – Current tick has fallen and steady. Price moves as follows @100 > @99 > @99.All the columns of Price watch is important and every column is useful to the trader.Sorting on % gives you the best and worst stocks in the group.Sorting on Volume gives you the stocks with maximum volume.Saving to Groups and Loading Groups is faster and more easy. You can even re- arrange the colums and it gets saved automatically on closing the price watch.You can also re- arrange the scrips and delete scrips and save to scrip list to retain the order of the scrips.DDE Link can be created using the Price Watch.

Scrip Summary Press F12- Displays a brief summary of the stock. Default information of the Active Chart will be shown. Click on Select Scrip to change the stock.

Internal Files ( Prefer.ini,groups u etc) A lot of files are used in saving information of the users.\Spider\User folderPrefer.ini -User Settings and PreferenceWinpos.ini - Window Positions User.alert - Alerts*.CHA - Chart file*.SCR - Screen filesGroupsU.dat - User Created Group Names.MembersU.dat - User created, Members of the Groups created.*.QRYE - Technical Query (Original Enhanced format file)*.QRYP - Technical Query (Protected Technical Query file)*.QRZ - Old version of Technical Query files.(ReSave to Enhanced format)*.RFF - Report Designer files.*.RTF - CompanyName.RTF (notes on companies) *.SCL2 - Price Watch ScripList files which store order of scrips saved.TQF.txt - Market Query and Tick Query Conditions created by user.*.TL2 - Trend Lines files B99901.TL2 means Bse Sensex Tools details file.

\Spider\User\Settings folderEventSelect_1 .. 3.ini - Saves Selected events and the window size and positionMarketQuery_1..2.ini - Saves Selected conditions and window size and position.Price Watch_1..4.ini - Saves Window size and positon.Pwcol_1.set - Saves window column positon and Order.TechQuery_1..3.ini - Saves Window size and position.TickQuery_1..3.ini - Saves Selection and Window positions.

\Spider\Master folderscrip.dat - List of ScripsScripDeriv.dat - List of traded Derivative scrips.BseSensex.csv - Index contribution details.NseNifty.csv - Index contribution details.B_ADS.dat - Bse ADS dataN_ADS.dat - Nse ADS dataGroupsI.dat - Predefined GroupsMembersI.dat - Predefined Members of the Groups.TQF.txt - Predefined Market Query & Tick Query Conditions

\Spider\ folderSpider.exe - Main Spider Application.SpiderDnld.exe - Downloader exeGDIPlus.dll - required supporting file for Spider.exeLzo107.dll - required supporting file for Spider.exeBD4 and BD5 - Bse Intraday filesND4 and ND5 - Nse Intraday filesDD4 and DD5 - Derivative Intraday files

Folders 0 to 9 - Contains daily data information of all scrips.Dnld - downloaded files are saved here.Import - files downloaded are extracted here for importing.Manual - manual folder.Master - Main Master files of the software.OLDD4files - saves Intraday files for Action replay later.Portfolio - Portfolio files are saved here.Pfcsv - Portfolio reports as CSV are saved here.PFReport - Portfolio reports are saved here.USER - All user created files are stored here.

END OF PART A

Part B:Live and End of Day Features:The objective is to ensure that the executives are aware of the USP features. Good for Marketing and Support Executives for demos and retention respectively.

Tick Query The most unique and important feature for all types of Intraday Traders. The Tick Query keeps a continuious watch on the market tracking all the major Buying and Selling in the stock market. All trades of high volume are automatically tracked to show you which stocks are being bought and sold the most. Using the Tick Query you can easily identify which stocks are attracting the traders interest today.How to use the Tick Query ?

IRIS classifies each trade as a Buy and Sell. You might already be thinking that if there is a buyer then there is also a seller at that price. But IRIS uses a formula (based on Bid/Offer) to identify who is more aggressive in the trade the Buyer or the Seller.

Using the Quantity and the Value filters Tick Query can track every single trade for all the stocks. The Tick Query will help you track every Buy and Sell trade with heavy volume. This can be done for All Scrips or for a specific Group.

It is important to note that these are trades of very high volumes. Meaning , these are trades done by big brokers, institutions and other high networth players in the market. Also you can easily identify bullish and bearish tendencies of the market.

Your trading strategy should be now very simple.

" Follow the Market Trend " - When everyone is buying - Buy. and when everyone is selling - Sell

This feature one of the most popular and profitable for all intraday traders.Now you can open 4 Tick Query to check various groups.You can even protect the conditions to avoid it being disclosed from others.

Market Summary (F8) The user can get a report of the Top Traded, Best , Worst and 52 week New Highs or New Lows Scrips for the day. The shortcut key is F8

Intraday Tick List (F9) You can keep a watch every trade detail of a specific stock. Press F9 to enable this feature

Event Selector The market reacts sharply at certain price and volume events. The Event Selector has a list of such important price and volume events.

You can select the events that you feel important and automatically keep tracking it live during the market. Most common and popular events being..

BULLISH > High of Day

BEARISH > Low of Day.

Pivots are also included in Event Tracker.You can now have 4 Event Tracker running simultaneously.

Volume distribution Graph (F11)

You can easily see the prices at which the maximum trading took place during the day. This will give you a good idea of the support and Resistance levels for the day.

Graphical Volume distribution graph (Shift+ F12) - Get a graphical display of Volume Distribution

Group Analysis Analyze which groups are leading today. This compares the current Intraday close with previous days Closing prices (live feature only). This can be used to know which groups are moving positively or negatively today.

Market Query Now you can use 4 Market Query.Market Query is a very powerful tool used to scan and short-list important stocks during the live market. Use the various Filter conditions to scan through the market to find the stocks which match your criteria.

In Conditions the user can enter his own set of criteria for additional filter options.

Example

:open = :low

(i.e todays open is same as todays low, indicating signs of bullishness.)

The user also has an option of saving the results to a Group

1. Increased number of columns to display more values. (eg. Pivot values can all be now seen in the list)

2. Auto-Update feature automatically runs the same query again after a minimum period of 10min.

Default = 0 (means auto-update disable)

Time period for auto-update is minimum 10 minutes.

Intraday and Daily Comparative Charts Compare the performance of scrips.Daily Comparative Charts can compare 2 or more scrips and give you a result of which stock has performed better. Selecting a Group will tell you which scrip in the group are doing better.Intraday comparative Charts compares performance of scrips in the current intraday

Setting Alerts and the Alert Box Using the Alert option you can automatically receive a warning signal when the stocks price reaches your stop-loss or target levels during the live market. You can specify price alerts for any number of Scrips. Pressing CTRL+J will display the alert window. All information about the scrip will be automatically seen in this window and will help in creating alerts faster.

Use of Pivot Calculator in Intraday Charts You can also use it to calculate hourly pivots based on previous hour.

Index Pullers and Draggers Helps to identify which scrips have dragged or pulled the market today. This is very useful to track trending scrips in the Index group.

END OF PART B

Part C:Understanding Main Basic Indicators and Strategies:Will make the executive little more advanced in the Training.(Will not covet all Indicators). Will be explained on chart and material is already available online.

Moving Averages Bollinger Bands

RSI

Macd

Stochastics

Gaps

ADX

Swing

Itchimoku

Williams%

CCI

ROC

KST

All the new market Breadth Indicators added (like Mclean,Ad ratio etc)

Special features in study box like spread,ratio,shiftseries*factor,sum of data series etc

what is Price typical,price median and weighted close, Average Traded price, Tick Average.

Website links and PDF for Self study of technical analysis

END OF PART C

Part D:Miscellaneous:Will include some hidden keys

Shift F7,Shift F8 Display data on chart as reports.Show All rates on chart – Shift + F7 Show Rates of specific period displayed on chart – Shift + F8

User Notes (N) You can use the "User Notes" to store any additional valuable information about the stock like any news, insider information, target levels, fundamental information etc.

Saving Screen (Saving Different views) Analyzing a stock performance on the chart becomes very complicated if you start using too many indicators on the same chart. Accuracy comes with clarity and this option is specially designed keeping this thought in mind. Use Ctrl+F7 ..F12 to save views.Use Alt + F7 ..F12 to load views.

CTRL and SHIFT click on the Study parameters To fine tune your parameters you can use this feature to slowly increase or decrease the value of the parameters on the charts. Example add an Average Avg(S,20).Press Ctrl and click on 20 value .. will increase the parameter one by one.Press Shift and click on 20 value .. will reduce the parameter one by one.

The Complete Settings Option Scrip Sync, Period Sync, Exch Sync, Auto Next Scrip – Already explained aboveAdjust Copr Act – Default ON – Shows chart adjusted with Rights, Bonus , Splits (RBS) adjusted. Log Scale – Default ON – Shows chart in Log I.e gives more importance to current prices. This makes the current chart look more clearer.

Chart Settings – Explained in Next topic (Below) Mis Settings – Hide / Display top bar: Time, Index, Index change, Adv, Dec, Same, Turnover, NewHigh/ NewLow, Multi Monitor.Data Drive – eg C: , Now Software automatically checks for Spider Folder in the drive. It wil take the values of the first drive where \Spider Folder is found.There cannot be more than 1 spider folder in any of the Drives. If there are more than 1 Spider folder software gives error message.Auto Clear Tracker – Clears older records automatically. (saves system memory)Important Levels:

Show dotted lines XX% Above and Below Previous Close.

The Complete Chart Settings BoxMost of the settings are self explaining. (covered in software) STUDIESShow Study Parameters – To Display / Hide Study parameters shown on the chart.Show Swing Values – To Display / Hide Swing values on the top and bottom of Swing.Adjust Dividend – Default OFF – Adjusts the chart for dividend.Henkin Candle – Converts the Candle Display to Henkin style. Show Pivot Values – To Show or Hide Pivot values displayed on chart.Study line thickness – Default 1. , Recommended 2, Maximum 3.

TOOLSAsk Tool Color – Will ask for tool color once the drawing is complete.Default Tool Color – If checked (removes previous option). Select the Default color.Ask Retrace% - Will ask every time the % of Retracement.Show Tool Numbers – Displays Tool numbers on the chart. (easier for removing tools)Show Retrace Value (left / right) – Displays the Retracement values once plotted on chart.Show Retrace % - (left / Right) – Will show Retracement percentage on chart.Auto Extend Trend line on – (Left / Right) will stretch the trend lines to right automatically. If removed trend line length will be limited to Points clicked from A to B.

Tool Line Thickness – Default 1. , Recommended 2, Maximum 3.Show Support Resistance values. - Displays value of Support Resistance Line Tool.

MiscBeep On – Play sounds on. New High / New Low, Alert, Tick Query.Right Margin – Shows blank Space on the right side of the chart.Price SG size – Default =3, Increase or decrease the Sub-Graph area of the Chart.IntraDay Line – Enabled will show a dotted line to show day separation of Intraday Data.Price Scale Margin %Increases Blank Margin area from Top – X% or Bottom- x%.Max Bars – 4000. Max Bars – Maximum number of candles to be viewed. Keep it ideally at 5000-9000. More the number more is the memory requirement of the system. Can be used to see more data while loading intraday tick by tick charts.Market Starts at 9.15 am - If this is ticked on then.The market timing is divided as per the fist tick of the software. If its un-ticked then it will start dividing the day from 12.00 am onwards.

COLORSBackground – Chart Background color.Scale – Changes the Top Bar and Scale of the Chart.Grid – Changes the Horizontal Grid Lines color (CTRL+H)Text – Changes text color on the cross hair.Bullish and Bearish – changes the color shown for Bid / Offer , Volume and %Change.Black Scheme – Reset to Default Color Settings.Blue Scheme – Additional theme.

Misc2Load Previous Windows State – Loads windows in their last closed state. (minimized , maximized,)Load Previous Windows Position – Loads windows in their last closed position and size.Swing reversal % - applies to Event Tracker now shifted here as its globally used in all 4 event tracker.

ALT G – Adds a scrip directly to a user-defined group.

The Complete Right Click option

Scrip by name - "C" - To quickly change the EQUITY scrip displayed on chartScrip by name Nse Deriv - "F" - To quickly change the Derivative scrip displayed on chart

Scrip from Group – Select the Scrip from a Group added to the chart. No need to type name.

Active group – G – Make a particular group Active on the chart.

Change period – Change to (D)aily, (W)eekly, (M)onthly, (Q)uarterly. HalfYrly, Yrly, (I)ntraday.

Corp. Info. - Show the details of RBS and Dividends of the active scrip.

Save chart – Saves only the single chart with all its settings.

Close chart – Closes one chart at a time.

Zoom Unzoom – Open chart in full screen. And restores it back.

Print chart 2 printer – Prints to printer directly

Save chart to file – Saves chart to EMF , GIF, JPG, BMP image formats. You can even save in black or white background.

Vol. Distrib.Graph – Shift+F12. On Intraday chart shows Buy Sell volumes horizontal on chart.Explained in detail above.

User notes – For storing notes on scrips. Explained above.

Study-Add,Modify,Remove,,Hide/Unhide – Add studies like Avg, Rsi etc on chart.

Tools-Add,Remove ,Hide/Unhide – Add Trendlines, Retracement, etc on chart.

Save study values to CSV - exports data in csv format.

Export chart to Report Designer – Directly takes the studies to report designer so that reports can be quickly created.

Save/ Load Chart View – Explained above.

--- More --- (Right Click Options) CTRL+ Q

Internal data window – Show / Hide Data window for reading chart data inside the Chart.

CandleStick patterns – Show / Hide Candlestick patterns.

Calender mode - Shows / Hide Non-Trading days. (useful for advanced Trend line analysis)

Intraday_support lines – Show / Hide Pivot lines on Intraday Chart.

Horizontal grid lines – Shows horizontal lines on the price chart.

Vertical grid lines – Shows vertical lines on the chart. On Daily Chart (separate by month), On Weekly chart (separate by 6 months), Monthly Graph (separation by Year),

Bracket Report – Automatic buy sell report.

Reverse Y-Scale – Reverse chart. Used to remove bullish or bearish sentiment.

Show price gaps – Useful for Gap analysis of the chart.

Hide/Unhide Tools – Helps user to hide all tools temporarily so that he can see only indicators.

Change in Rs. - Toggles price change from % to Rs.(points up/down).

Add_Marker – Create markers like triangle. Up / down. Rectangle etc.

Report Price-All – Explained above

Report price display – Explained above

Channel 2 – Create a Channel on a existing trend line. Click on the menu will ask you to select the base trend line. On pressing Ok it will take a parallel line position. Select the next point and a channel is created. Scrip in Groups – Shows the list of groups in which the Stock belongs to.

Report DesignerThe "Report Designer" can generate detailed numerical reports containing values of price, volume or any other technical indicator selected.The Report can be generated for various time frames like Intraday, Daily, Weekly etc.

Designing a Report !

1) Click on Reports > Report Designer. The report designer window will appear.

2) Click on Add New Column button . A study selection box will appear. Select the indicator whose value you want to add in the report.

e.g. Let us say you require current daily closing price of the scrips then select Price OHLC in the study selection box.

3) Click on Parameter and select Daily in the box. Click on Column, select close and click On last bar.

4) Finally click on Add button. Repeat the procedure for adding more columns.

· Click on save button to save this report design.

· Click on Bse, Nse or Group. Click on Run to generate the report in the designed format.

· You can click on Load to open the saved report file whenever required.

The default value shown in the report for a technical indicator will be "On Last Bar". Instead one can also select from the following options available.

“On Last Bar” - Returns the value of the indicator of the latest data (current bar).

"On Nth Back Bar" - Returns the value for the indicator corresponding to N back bar

"On Date" - Returns the value for the indicator on a certain date

"Highest Between" - Returns the highest value for the indicator for a selected date range

"Lowest Between" - Returns the lowest value for the indicator for a selected date range

"Highest In" - Returns the highest value for the indicator in last N bars

"Lowest In" - Returns the highest value for the indicator for a selected date range

Additional Filter Options:

The user can also filter the stocks on the basis of price, volume, trades and last traded date.

The Report Offset option (Default = 0) can be used for generating the entire report with values corresponding to N back bar.

Example : Generate a Report of Current RSI Value (on Last bar). If you use offset "1" day.

You will see the RSI Value Report based on the previous day.

So without changing the report in any maner you can instantly generate report for any required day.

Mouse Scroll The Mouse scroll will help you scroll the candles one by one Scroll Up – Hides the bars of the chart./ Moves the chart backwards.Scroll Down – Shows the hidden bars of the chart one by one.This is generally used in explaining or testing a strategy. Using this feature one can get the feeling of Replay of market day by day.

Part E:Technical Query,Derivative Analysis and Strategy testing

Understanding the Entire Technical Query in Detail

- You can now track 50 different individual query conditions and create up to 8 different Relationship conditions.

- There are two methods or running a query, viz. Live Query and Historical Query.- Filter conditions are based on previous days daily closing data.- Change Input allows you to change the base Input to some another Technical parameters value already in the list.- Offset option allows you to offset the entire query backwards.- There are now 3 different technical query windows to check different query in different windows.- Technical Query can now be saved with Comments (Enhanced format)- The clients can also protect their conditions by Password, UCC, Date limitations.

- Results can be seen in External Event tracker, Live Query Tracker, or in the same window.- Historical results are seen in the same window and can be transferred to a Report window.- Technical Query file can be used for Strategy testing.

Its important to understand conditions for forming a query.1. Rising / Falling for last N Bars.2. Upward Breakout and Downward Breakout.3. Above, Between, Below (value).4. Cutting Avg Upward / Below.5. Above / Below avg for last N Bars.6. Above / Below avg by x%.7. Entering Overbought / Oversold8. Exiting Overbought / Oversold.9. In Overbought / Oversold.10. Above / Below Zero line.11. Crossing Zero line upward / downward.12. High / Low / Close – Above Upper band.13. High / Low / Close – Below Lower Band.14. Turn Up /Down in last N bars.15. Using the Nth Back Bar option In all conditions. Etc.

Strategy Testing – For Details Refer to Help button in Strategy Testing.- CURRENTLY STRATEGY TESTING WILL CHECK DAILY CHART/PERIOD Only.

Strategy Testing System is divided into 3 parts.1. Creating the Strategy and Testing it on a group of scrips.2. Study Optimization - Optimizing every Study Parameter for maximum profit.

3. Portfolio Optimization - See your strategy perform in real life situation.

1. Creating the Strategy and Testing it on a group of scrips.- Create conditions- Classify as Long ENTRY, Long EXIT, Short ENTRY and Short EXIT.- Enter Starting Equity (eg. Rs.1,00,000)- Select Test (From Date) and (To Date)- Entry / Exit Rate = Days Close or Next Days Open. - Entry / Exit Slippage % (is the logical variation on entry, can also include brokerage)- After Slippage – Rate should be within Days High-Low range. (Disable if you arethinking of using brokerage as this allows the prices to go above the high of day or below low of day.- Entry Stop % - Stop loss percentage- Profit Stop % - Maximum Profit Targeted.- Use Trailing Stop Loss – Yes then,Initiate Trailing stop loss at x% - Minimum Profit after which Trailing stop can start.Trailing Stop – After Minimum Profit is achieved % of Stop loss to be maintained.

Test on smaller groups first.

2. Study Optimization - Optimizing every Study Parameter for maximum profit.- Once Strategy is Run- To Optimize it further - Select the Study. Then select the parameter to optimize.- Give values range.- Select a Scrip to optimize it further on.- Press Run.- Once Run check which parameter is giving best returns.- Double click on the parameter and it will update automatically in STUDIES Tab the selected parameters.

3. Portfolio Optimization - See your strategy perform in real life situation.- Once a Study is optimized. Use select a group and see how it will work in Real life.- The buy will be generated and the amount will be taken out and stock will be taken inthe portfolio.

- Stocks will keep adding and getting sold as per the price movement till the STARTING EQUITY is not exhausted or the final test completion date is not reached.On the last day it will be assumed that all stock in Hand till the last day will all be sold.

Derivative Analysis (with all the Live Derivative features)

What is Forward contract ? - The concept of buying Gold in advance at pre decided date and price.

Standardization of Futures Market through regulators.- For Equity , Commodity as forward contracts were not controlled.

Understanding Futures Contract- benefit of buying a Future over a stock is that you pay only a Margin and not the entire amount of the value of the qty purchased.- Then why not use the Margin in Intraday and trade in Equity ?. Future is a extended Intraday.- Near , Next and Far month contracts. Trading in all contracts are possible.- Near month contracts are most liquid as more speculation happens in short term. As soon as near month nears expiry the Next months contracts are traded more and Near month become less liquid.- Rollover in Future indicates that once the Near month is nearing expiry you tend to close the position in Near month and enter the Next months Contract.

Understanding Volume v/s Open interest - (Reports > Derivative Summary Report)(Reports > Derivative Open Interest Report)Both these terms viz. 'Volume' and 'Open interest' are applicable to both futures as well as options.

Volume/Qty = No. of shares transacted over a period(ex: day).

If trader A sells 1 share to trader B, the volume is recorded as 1. If Trader B sells his 1 share to trader C, then the volume count increments to 2.

Open interest = No. of outstanding contracts for a particular contract(Future/option, strike price, expiry, underlying)

If trader A sell an option contract to trader B, then volume is recorded as 1(explained above) and Open Interest increases to 1. If trader B sells his option to trader C, the volume increments to 2 but Open Interest remains at 1.

Open interest changes only when positions are added/closed, irrespective of the no. of trades.

However, volume increases irrespective of change of open interest as and when the contract is traded.

Strategies with Open Interest1. Rising Open Interest and Rising Prices. - Bullish IndicationInterpretation: Gives the Indication that At higher prices more Positions are being built up. This shows a bullish tendency in the market hence, there is a higher Probability that the Prices will go up in Near future. But it should be noted that this is a probability and not a 100% indication of the prices moving upward in future. It should be noted that OI Rising or Falling will also depend on Contracts Expiry dates. Hence the strategies used with OI and Prices are not absolute buy / sell indicators. More analysis is required before actually taking a position. 2. Falling Open Interest and Falling Prices – Reversal indication3. Rising Open Interest and Falling Prices – Bearish Indication.4. Falling Open Interest and Rising Prices – Reversal Indication.

Term “COST OF CARRY” : ( seen In Futures) (Reports > Derivative Summary Report)The cost of carry is the cost of "carrying" or holding a position. The cost of carry generally refers to the risk-free interest rate that could be earned by investing currency in a theoretically safe investmentThe Futures Price = Spot Price + Cost of CarryIn general, the Futures price is greater than the spot price. In special cases, when cost of carry is negative, the Futures price may be lower than Spot prices.

Term “PREMIUM & DISCOUNT” : (In Futures) (Reports > Derivative Summary Report)Premium = Futures Price > Spot PriceDiscount = Futures Price < Spot Price

Profit & Risk of Futures Trader.Gets Unlimited Profit Potential (until he sells)Profit = (Market Price of Futures - Purchase Price of Futures) x Contract Size

Can also face Unlimited Risk. (until he sells)Loss = (Purchase Price of Futures - Market Price of Futures) x Contract Size

IRIS provides Contract-wise Future chart and also Continuous Future charts. Continuous charts gives long term impression. Many Analyst generally prefer Contract-wise chart as it gives the correct built-up of a contract from the time the contract started.Option charts are only for the period of the contract.

Understanding Options (Call and Put)

It gives the right but not the obligation to sell.When Bullish – buy Call optionWhen Bearish – buy Put option

Terms explained.Strike Price : It is the price at which the stock will be bought or sold when the option is

exercised. Strike price is used in the case of options only. Generally in Indian markets traders do not follow the concept of “Exercising an Option”. We follow European method where its automatically exercised on the Contract Expiry. Traders generally just buy an Option and Sell it when the premium rises.

Premium : The price paid to acquire the option. The charts of Options actually show the rising or falling Premium value.

Put & Call Ratio : Volume of put option contracts / Volume of call option contracts.When the Put/Call Ratio is high (meaning more puts are being traded than calls) it means that the sentiment is bearish and vice-verse.If the value is...More than 1 - Then Put Volume is more than Call Volume.Less than 1 - Then Call volume is more than Put Volume.

Moneyness - “Moneyness” of an option indicates whether an option is worth exercising or not i.e. if the option is exercised by the buyer of the option whether he will receive money or not. Moneyness of an option should not be confused with the profit and loss arising from holding an option contract. It should be noted that while moneyness of an option does not depend on the premium paid, profit/loss do. Thus a holder of an in-the-money option need not always make profit as the profitability also depends on the premium paid.

In the Money In the Money - An option is said to be in-the-money if on exercising the option, it would produce a cash inflow for the buyer. Call – Spot Price > Strike Price.Put - Spot Price < Strike Price.

Out of the Money

An option-holder will not exercise the option when it is out-of-the-money.Call – Spot Price < Strike Price.Put – Spot Price > Strike Price.

At the moneyFor Call & Put - Spot price = Strike Price

Example of Buying a Call Option.For the buyer of a Nifty 5650 call option.

As the spot Nifty rises, the call option is in-the-money. If upon expiration, Nifty closes above the strike of 5650, the buyer would exercise his option and profit to the extent of the difference between the Nifty-close and the strike price. The profits possible on this option are potentially unlimited. However if Nifty falls below the strike of 5650, he lets the option expire. His losses are limited to the extent of the premium he paid for buying the option.

Understanding Options CalculatorPress ALT+O, It will automatically pick values from the chart. Interest Rate and Volatility has to be entered properly to get the right figures.For Volatility, the Implied Volatility can be calculated by entering the Option Price.The Interest rate is usually the risk free borrowed rate of interest prevailing in the market.

Delta Delta value measures the rate of change of option value with respect to changes in the underlying asset's price. Example When the call option is deep in-the-money and has a delta of 1, then the call will move point for point in the same direction as movements in the underlying asset.Delta is always positive for calls and negative for puts.

VegaVega is typically expressed as the amount of money per underlying share that the option's value will gain or lose as volatility rises or falls by 1%.

Theta, (Yearly)The amount the Option will loose as per day passes. (rate of decay).Theta is almost always negative for long calls and puts and positive for short (or written) calls and puts.

RhoThe amount the Option value will gain or loose as interest rate rises or falls by 1%.

GamaThe rate of Change in the delta with respect to the change in the underlying asset price.

Derivative Scrip Summary – Is a single window where you can see entire information of a particular scrip. eg. Select Nifty and you will see all the Futures data. Near, Next Far (Call and Put) options.There are filter tools also available to see only the information which the user wants to see. (Alt+O)

Derivative Open Interest Report. - Automatically shows the list of stocks in Derivative where it matches the Open Interest filter conditions. This allows the user to find out the best possible contracts at a click of a button.

Option CalculatorHow it works ?Open a Option Chart and Press Alt+O

You will see that automatically most of the details are already filled in.Stock Price = Current Price of the underlying stock.Strike Price = Current Strike price of the Option contract.Annual Interest = x% (is the Risk free interest rate) (Manual)Volatility = (annual volatility of the asset) (Manual)Dates – From and To dates come automatically to calculate the “Days to Maturity”.“Press Calculate” - The Option greeks are updated.

To calculate Implied VolatilityOption Price – Enter the Current Option price of the Call or Put.Press Calculate – Please note while calculating Implied Volatility the other values aretaken from above (Excluding Volatility)

Understanding the complete Tool Box (CTRL E) – Marker Bars Discussed above.

… The End of Software Features Training....