FellowTraders 2007 MA System eSignal Plug-in
Simplicity of Use
The design criteria for the FellowTraders 2007 MA system was to offer the true power of a complete automated Trading system, yet keep the installation and use easy to encourage disciplined Trading.
To use the 2007 MA system, you simply need to :-
- Have eSignal's advanced charting installed in default location.
- Run the 2007 MA System installer.
- Pick the 2007 MA system page from within esignal's advanced charting.
- Load the symbol(s) you wish to Trade.
- Set the decimal places the symbol Trades.
- Click the optimize button. The optimization process takes no more than a few minutes.
- Trade what you see.
The system does everything else. It will tell you when a Trade entry is close, and where to place your entry, and protective stop. If the trade entry price is hit, the system will graphically show you that it is in a trade, and will tell you how and when to Trail your stop. Trade exit will occur naturally based on this stop.
The system could not be easier to use !
Powerful Algorithms
Not that simplicity of use means poor performance. The system uses two moving averages to gauge entry, and then Trails a point based stop to exit. All variables are optimized to match the symbol and time-frame being Traded.
The 2007 MA system uses some of the most advanced techniques to improve Trading performance. here are some of the advanced features the system has :-
- Can be used on End-of-Day, or Intra day time-frames.
- Graphical on screen display of all Trade entry, stop position and exits.
- Use of two Moving averages to calculate trend direction and entry.
- Calculation of initial protective stop, and Trailing stop once Trade entered.
- Real-time historic Trading summary displayed in Formula output window.
- Single click optimization of symbol to give best match Moving averages and stop sizes.
- Fully eSignal back-test applet compatible (see results below).
- Can be Optimized and Traded on any symbol (that you have subscribed to within eSignal), and any timeframe.
Look at the results
Here are optimized historic Trading results for several stocks and indices, as well as a leading FOREX currency Pair. Note that the system can be used to Trade End of Day bars (swing trading) or can be used to Trade Intra day bars down to 3 minutes (To Day Trade)
Just click on each thumb print to see detailed results. All of these symbols and time-frames have been optimized over and show results for 1100 Bars.

DELL 7 Minute Trading report |

EBAY 7 Minute Trading report |

Eastman Kodak 60 Minute Trading Report |

DELL End of Day Trading Report |

GBP-AO-FX Currency Pair 17 Minute Trading report |

$INDU Dow 30 industrial Index Daily Trading report |
The 2007 MA System will work on any symbol you have access to via your eSignal account. It has been tested with :-
- FOREX Currency pairs
- Futures (although the recommendation here is to use 'rolling' futures symbols such as the 'YM #F' to give enough sensible data to optimize)
- US Stocks
- UK Stocks
- In fact any stocks where you have access to a sensible amount of data to optimize (say 350 Days or more for End-of-Day Trading, or 350 Bars or more for Intraday Trading)
It has been tested with ALL time Frames from Daily bars down to Tick, although tick data is not recommended, simply because it can take a long time to optimize a worthy amount of data (3-5000 ticks)
Graphical and easy to interpret
If like me, you are not text driven, but graphical, then this system will suit you perfectly.
Not only are all the historic trades the system has taken displayed graphically as an overlay on the symbol chart itself, But all new Trades raise a graphical alert to say that a trade is due. Prospective Trades are displayed both on screen and in a separate alert window, along with audible alerts if you are not watching the screen at the time. Here are some examples of the system in use :-
A prospective Trade alert on Dell

At the same time as the on screen alert, there is an addition made to the alert list window, and an audible warning sounds.
It doesn't end there either.
Once a Trade has been entered by the system, it will be displayed, along with the entry price, and the protective stop, both graphically on screen, and in the separate alert window. Any protective stop changes are also graphically displayed, and notified with audible alerts too.

The prospective price for Trade entry on DELL has been hit, and the system is now in a Trade

Once in a Trade, stop movement alerts are also output to the Alert Window, and the user is notified with an audible alert.

The DELL Trade several Days later, and finally exited.

The DELL Trade alert list, showing each stop movement price update
The system really could not be easier to follow and use.
If you are new to Trading
Mechanical Trading is the simplest and best introduction you could have to Trading the stock markets. It enforces a disciplined approach to Trading, and leaves you to concentrate on what matters, choosing the right symbols to make Money.
If you are experienced
Then you will appreciate not having to manually calculate Entries, stop positions and exits. You can concentrate on picking the symbols you want to watch and Trade, as well as use the plug-in to hone skills at Trading a different timescale than you are used to (perhaps augmenting End of Day experience with Day Trading an Index for example)
Benefits to Traders
- Complete mechanical trading system.
- No programming experience required to use.
- No Trading experiences required to benefit from advanced features.
- Easily back-tested and optimized for the Symbols you want to trade.
- It tells you (on screen) what to do and when to do it.
- Intuitive process.
- Real-Time summary, tells you how well the system has traded the symbol on screen.
- One ‘click’ Auto-optimization of any symbol.
- Geared to give confidence!
Note that even if you are a complete novice to mechanical Trading systems, the Fellow Traders 2007 MA System is a doddle you simply do the following
- Subscribe (or purchase outright) to the 2007 MA system below.
- Download and run the installer (this will install a reconfigured page into eSignal's charting application)
- Run eSignal and choose the 2007 MA system page from the drop down page menu.
- Load your preffered symbol and time-frame on the chart and press optimize
- Follow the alerts and trade the system!
That's all there is too it.
Supported eSignal environments
Fellow Traders eSignal Plug-ins are written within eSignals EFS Trading system development environment. This means that for ANY of the Fellow Traders plug-ins to work, you MUST have the ability to run an eSignal advanced chart. This ability comes with an end of day and premiere subscription. You can learn more by browsing eSignal's site here :-
eSignals site
Proprietary feeds for WiseTrade and the eSignal 'GET' and advanced 'GET' systems do not have this facility, and consequently will NOT support the Fellow Traders eSignal plug-ins.