what’s new1.2.ppsx

8/14/2019 Whats new1.2.ppsx

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Several new features are added in the latestversion.

The new features added provide ease to work with

this application.

New features like Blotters , 3D graphs areintroduced.


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This new version will be providing severalbenefits for user.

Rate On Y-axis Swipe chart

Chart title

Smart recompute


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User can check this option in chart setting, Display 2 Tab.

Rate On Y-Axis has four options to check for:

o Last RateThis will display last rate on Price Scale.

o Stop RateThis will display last trade stop trades

o Target Rate- This will display Target rate if any

o Study RateThis will display study values on Price Scale.

Swipe Chart

This feature give ease to move chart in backward or forward direction. User can activate in easy way: Chart settingAction TabSwipe chart.

User can move chart with mouse click, the chart will move till mouse button is release


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User can select various option to make it visible below chart title. Each option playscrucial role.

Like , the Volume selection here, will display Last Quantity and Days Volume in case ofintraday chart. In rest of the cases it will display its corresponding values.

Smart Recompute

Values on indicator gets recomputed on every tick that comes during live market.

It has two option Compute after ms OR Compute After Bar change

o This updates chart after specified time interval.

Change in Last Computed Rate is of (Bid-offer)o This checks difference between Bidoffer.


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Watches are re-introduced with severaladvantageous aspect, that are useful for

user.o Tick Watch

o Derivative OI Report

o

New Stock watch


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User can add series filter. This filter will be applicable with or without selection of group.

If in case, any series are selected then filter will be done accordingly as Main group filterand series filter.

User can also set date as Last traded on/ after.

Derivative OI Report

This option offers user to select between different Exchange based on Expiry: Current, Near and Far. User can try different combination:o Open Interest Rise with Price Riseo Open Interest Rise with Price Fall

o Open Interest Fall with Price Riseo Open Interest Fall with Price Fall


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This is additional feature added with this new version. User can view of not only Niftywatch but also SENSEX Watch.

To utilize this benefit user must get respective subscription for Exchanges.


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User can find new valuable features that

very few other software promises to give.

o

Signal Scano Group Selection

o Summary Scan

o Signal Tracker


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This new version allows to consider incomplete bar for scanning a query. This will beavailable only in case of On Timer Selection . User will find all selection on single formthat are required for making a query.

Group Selection option

This option helps user to add define group.

User can easily analyze Scrip near 52 Week High/Low. But note to get this done user mustselect required group and set Last rate to get required output.


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This works similar like Tick Watch. But this is provided with option of filters and Expression,Grid setting.

In this Summary Scan when clicked on Start button, Last value of scrips from all groupwill get displayed.

This Summary scan can also be Saved and Loaded as Summary Scan desktop.

Signal Tracker

This feature will allow user to customize Signal Display.

With this user can apply desired color to text in black or white Background.

User can also Edit the Shortname.


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Scrip Name Formatting as Falcon3 and NestPlus is added.

With this feature Falcon3 will display BSE Scrip Name as Short-name (Symbol) and forother exchanges it will be simply short-names only.

Retain Auto Scan Selection option will retain while loading desktop and individualscan.


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Statistics have been added and will be accessible where ever we have listing of records.

Once user have applied strategy, profitability reports can be generated. All you need to do is

Right click on record and click on statistics.

Statistics window has five tabs:

Setting Tab: User can select the Data Column on which he wants to perform Statistical Study. Values: It will list all values for selected Data Column. Summary:This will contain Summation, Lowest, Highest, %Change, %Range, Mean, Record Count

Values of the Data Column selected. Frequency Distribution: This is calculated with Maximum and Minimum of selected data column. Then

Data is grouped into 20 intervals depending upon range.where Range=(Max-Min)/20

Clusters:Selected data column are sorted in ascending order. At the very beginning initial classificationis done in which elements are sorted.

Then re-classification of elements are done with few formula:Min Diff = Abs(ElementValMean Value of First Group)For all Means we checkIf Min Diff > Abs(ElementValMean Value of Group)Then this element will be classified into that group where above condition is met


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This gives graphical view of different option in Statistics. This can be saved and printed too.


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Many features are added in this new version, which providesuser more ease to handle lengthy task.

Few are as follows:

Range Bar Crosshair

Replace study

Graphical representation

Show Blotters


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This is new period type which allows user to create Range Bars by Merging Base Period.

If in case, Base Period is selected to tick then user can load previous Days else for Daily itloads from start of EOD data

User need to select appropriate option for Base period as Daily or Tick.

On selecting Base period, range setting should also be considered:

o Equi VolumeSelecting Equi Volume with a value will merge no. of bars to form one bar of that value.o Merge BarsSelecting Merge bars will allow user to merge bar for no. of days specified in the value.

o Price Change (Rs)This will form 1 bar each for Rs. specified.

o Price Change (%)This will form 1 bar each of % specified.


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On Pressing K key Crosshair feature gets activated.

With this option user can view X and Y axis visible on chart. Selection of any tool willde-activate Crosshair.

Replace Study Feature

This option allows user to replace an existing study / condition / signal in the middle ofcreating study .

This helps user to change or replace desired study at eleventh hour of building strategy.


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Through this user can get graphical view of studies he has created.

In this Close Line, Open line, Highline, Low line will come first, then accordingly to studylevel, studies will be displayed.

Individual studies can be selected by clicking on Round Rectangle. They will beconnected through arrow pointing to respective study from type of data line.

User can add / Modify/ Replace or remove by selecting particular rectangle.

User can also export and print this graphical representation.


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Show Blotter is unique feature. This can be derived from Tick Watch, Tick list and

Companys Tick list. This helps user by giving graphical representation of ticks.

There are three types of graph:

The First Graph represents the LastRate, BidRate and OfferRate.

The Second Graph represents ValueInLakhs . This is illustrated in Bubble diagram whereBlue bubble stands for Buy value and Red bubble stands for Sell value.

The Third Graph represents the Open Interest graph.


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Tools are also upgraded with advantageous benefits for user.

User can now set trend line tool as not only study but can also markas signal.

Up-gradation of tools consist of :

Trend-Line Study

Trend- Line Signal

User can also set Parallel Line, Horizontal Line, Channel Line as study.


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Step 2: The drawn Trend Line can be converted to Study. On Right-clickToolManager, by selecting Trend Line and checking on Set as Study user can convert TrendLine (Tool) to study.

Step 3: Trend Line study can be checked through Chart Study Manager.


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Step 4: Trend Line Study parameters can be changed by double clicking on Trend Lineor choosing Modify option.


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Step 1: Similarly Trend Line can be Set as Signal.


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Step 2 : Trend Line Signal can be checked through Chart Study Manager.

Step 3: Trend Line Signal parameters can be changed by double clicking on Trend LineSignal or choosing Modify option.


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In Trading MenuUser can select Exchange Margin Requirement.

This report contains Total Margin required to trade in Scrips on different Exchanges. Thereports will be available for subscribed Exchange only.


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This setting helps to ignore Saturdays signals from trading.

With this setting you can ignore Saturdays trade to reflect in Profitability Report orinclude Saturdays trade with the few intraday rules set for Saturday.


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This feature helps to back test the data till End date specified. This will allow the data to

be back tested in segments of different time frames. It helps to check strategies performance between any two days.

User can find this in Strategy testingDuration Tab.


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Several studies have been added in this new version.

Some of studies are:

Gann Swing

Gann Swing Theoretical

Days high

Days low

Deviation2Avg

Reliable momentum


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Gann Swing : - Plots swings on the chart in up and down direction. The swing is up, whenthere are N Consecutive Higher Highs and Higher Lows.

Similarly, The swing is down, when there are N Consecutive Lower Highs and LowerLows.

This study plots Swing bottom and top on the candle where Reversal has already taken

place and by defaults it considers theoretical value as No. On selecting appropriate Parameters for Gann Swing (High Line, Low Line, 2, Excl), user

can map swing direction accordingly. User can also change its display and trace it outon needed Sub-graph.

Note user can find Gann Swing: On Right clickAdd studythen choosing Reversal,then entering Gann Swing in filter.


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Gann Swing Theoretical: - Plots swings on the chart in up and down direction.

The swing is up, when there are N Consecutive Higher Highs and Higher Lows. Similarly,The swing is down, when there are N Consecutive Lower Highs and Lower Lows.

This study plots Swing bottom and top on the candle from where the Reversal startedand by default it considers theoretical value as Yes.

On selecting appropriate Parameters for Gann Swing (High Line, Low Line, 2, Excl), usercan map swing direction accordingly. User can also change its display and trace it outon needed Sub-graph.

Note that user can find Gann Swing Theoretical: On Right clickAdd studythenchoosing Reversal, then entering Gann Swing Theoretical in filter.


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Days High condition will signal the bar that has highest value for the DataLine selectedafter the time specified during the day.


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Days Low condition will signal the bar that has lowest value for the DataLine selectedafter the time specified during the day.


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Deviation 2-Average, with this use can plot deviation line for number of Average Bars

prior to current bar.

This study is calculated according to this formula:

((CLSMA (CL, 20))/SMA (CL, 20)) * 100,

Where CL = Close Line,

20 = No of Average bars

SMA = Simple Moving Average.

Each Bar is viewed in Percentage so that user can analyze whether markets is increasingor decreasing .


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On selecting appropriate parameters user can map Deviation2Avg on New Sub-graphalso.


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This plots Line for numbers of Average bars prior to current bar .

This is calculated on formula as below:

V1 = ((CLSMA (CL, 20))/ SMA (CL, 20)) * 100,

V2 = (((QLSMA (QL, 20))/ SMA (QL, 20)) * 100) + 100

Result = V1 * V2

Where CL = CloseLine, QL = Quantity Line,20 = No of Average bars,

SMA = Simple Moving Average.

Value at each bar will be positive / negative based on moving average of close Lineand quantity of previous bars.

Quantity Line is calculated internally and there is NO NEED OF USER INPUT.


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There are least input required from user, Reliable Momentum can be mapped on newSub-graph also.


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Security plays important role to protect valuable data or any other assets.

This utility helps user to apply security on various level inside Falcon7. This acts asprotector or guard toward all files.

Few security measures are as follows: Access Right Management

View ARM File Details

Password security


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Access Right Management, a new utility helps user to apply security on various levelwithin Falcon7. It plays crucial role to protect files to high extent.

The creator or owner, will set protection level by assigning rights, Expiry Date and extravalidation Password over that particular personalized file which he /she wants to shareor transfer.

Access Right Management is divided into two different modules:

Default security section Specified Hardware ID section

Default security section:

This module consists of two types of Hardware ID: Local and Any other. Local meanlocal machine on which creator has created personalized files.

Other user means any other user as name signifies. Other user will not have access rightslike local , but as assigned by the creator.


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Default

security

section.

Specified

Hardware

ID Section


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Creator can assign two types of Access Rights:

Load & Execute:

This access right allow user to load and execute the file. But user cannot edit or makeany modification in the file.

View & Edit:

This access rights are given on situation only. This gives full 100 % rights to access thatpersonalized file.

Expiry Date is validity period given for that file while Password is extra validation givento protect that particular file.

In order to avoid Infringement of security, its suggested to change Access RightManagement Password from PersonalApplication SettingChange Password.

Specified Hardware ID: Under this section Creator or Owner can share or transfer anypersonalized to N number of user by knowing their Hardware ID and assigning rights.


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Under Personal MenuView ARM Files , this sub-menu helps user to view all his / herpersonalized files with connected security file assigned to it.


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This section focuses more on security related to study. To protect from unauthorized usercreator or owner can lock individual indicators, conditions or signals.

If creator wants to give access to any number of input within a single or multipleindicators, the checkbox must be checked.

Execution password will allow user to edit parameters only.

This Password security is only applicable to implement on study.


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On entering code name, Password is set by the creator on his own system on whichstudy is created.

Execution Password is a password shared between creator and other user. This ismandatory, without this password user will not be able to unlock the study to edit

parameters or so.

On implementing Password security, strategy becomes more dynamic and flexible.

The name of indicators and parameters also get protected.


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On applying protected file on chart, the name of indicator will be visible like below:

On entering correct Execution Password, user is authorized to edit the parameters forwhich he is assigned Edit rights by the creator

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