VisualTrader provides you with a method to see the activity of hundreds of stocks at the same time. Yet with so many stocks to look at, there will be times when you want the best opportunities brought to your attention. This is the purpose of the Opportunity List. The Opportunity List gives you the ability to view securities, groups or both in a sortable manner.

Selecting the Groups button will show only the industry groups in your Map. Selecting the Symbols button will show only the securities in your Map.

Opportunity List

In this illustration, the Both button is selected, which gives a view of groups and symbols. From the Opportunity List, you can select the securities that are displayed as charts in VisualTrader.

Note: You can change the width of the Opportunity List by dragging the window to the desired size.

Depending on how you choose to use VisualTrader, you may want to turn off the Opportunity List from time to time. To turn the list off, select View » List. Repeating this process will turn the list back on again. You can also press to toggle the Opportunity List on and off.

In VisualTrader, you can display two Opportunity Lists. This allows you to prospect for both Longs and Shorts at the same time. To activate the second List, select View»Second List or use the Docking Toolbar on the left edge of VisualTrader. In the following illustration, you see that we have activated the second List. The top list is sorted on the Above column, while the bottom list is sorted on the Below column.

View with Second Opportunity List Activated

The columns in the Opportunity List allow you to sort by different criteria. Click on the column name, and VisualTrader will sort on that criterion. For example, if you click on the Above column, the List will be sorted by the securities that are furthest above the Map floor. We will discuss the significance of this later, but for now we need to define each of the columns in the Opportunity List.

• Symbol—This refers to the symbol of a security. It is an alphabetical sort and applies to groups as well.

• Below—Clicking on this column will bring the cylinders that are furthest below the Map floor to the top of the Opportunity List.

• Above—Sorting on this column will bring the symbols that are furthest above the Map floor to the top of the Opportunity List.

• B (Body Color)—This column will sort the Opportunity List by the brightest body color.

• R (Roof Color)—This column will sort the Opportunity List by the brightest roof color.

• S (Signal)—This column contains the signal for the corresponding symbol. There are many different types of signals. Refer to the following table for a complete description.

VisualTrader Signals

The following columns can be added to or removed from the Opportunity List by right clicking on any column header and selecting Add Column.

• Strat—This column contains the Strategy for the corresponding symbol. The Strategy name that produced the current signal (if one exists) will be displayed.

• PN (Pattern Name)—This column contains the name of the most recent pattern (if one exists) for the corresponding symbol.

• LP (Last Price)—Indicates the most recent price value for the given symbol

Visual Statistic columns will bring the visual properties of the map into view in the Opportunity List.

Available Statistics Columns are:

• Below—Sorting on this column will bring the cylinders that are furthest below the Map floor to the top of the Opportunity List.

• Above—Sorting on this column will bring the symbols that are furthest above the Map floor to the top of the Opportunity List.

• B (Body Color)—This column will sort the Opportunity List by the brightest body color.

• R (Roof Color)—This column will sort the Opportunity List by the brightest roof color.

• S (Sig)—This column contains the signal for the corresponding symbol. There are many different types of signals. Refer to the following table for a complete description.

• PD (Pattern)—Pattern direction indicated by red or green dot.

• PN (Pattern Name)—This column contains the name of the most recent pattern (if one exists) for the corresponding symbol.

• Setup (Indicator Setups)—-Setups give you a quick visual indication of the technical conditions in the chart. They are fully configurable, allowing you to define the exact conditions for which you are looking.

• Comp (Leading Indicator Comp)—The Composite Leading Indicator calculates an average of all Leading Indicators in the Opportunity List for all of the timeframes in the active VisualTrader map, consolidating the information into one Leading Indicator.

• Leading Indicator—The Leading Indicator provides you with an indication of overall market sentiment, and is designed to alert you when there has been a significant sentiment shift. The Leading Indicator in the Opportunity List displays sentiment for each symbol individually for each timeframe VisualTrader is analyzing.

The following database statistics columns are available for viewing ion the Opportunity List:

Available Statistics Columns are:

• Close—Indicates the most recent closing price value for the given symbol.

• High—Indicates the high price for the most recent day of data.

• Low—Indicates the low price for the most recent day of data.

• Open—Indicates the open price for the most recent day of data.

• ATR (Wilder's Volatility)—Volatility measurement. Averages the difference between the high and low over a given number of bars.

• Exchange—Indicates the exchange on which the given symbol trades.

• Name—Shows the name of the symbol.

Profile Statistics refer to composite results of multiple Trading Strategies when a voting process is used. If you select one Trading Strategy from the Strategy menu, then these statistics refer to the statistics generated by that Trading Strategy only.

Some of the following statistics can have the prefix BT (back test), or FT (forward test), indicating the period of time VisualTrader is considering for that statistic.

• Strat—This column contains the Strategy for the corresponding symbol. The Strategy name that produced the current signal (if one exists) will be displayed.

• ADV (Advisor Rating)—Indicates the strength of the signal. It is based on the individual scores of the Trading Systems that contributed to the vote.

• Bars—Number of bars a signal has been active.

• NT (Number of Trades)—Shows the total number of trades for the specified period. It is the sum of NL and NS for the given time period.

• NL (Number of Longs)—Shows the total number of long signals for the given period. For example, a BTNL of 4 means that four long signals were reported on the Voting Line between the back test start and end dates.

• NS (Number of Shorts)—Indicates the total number of short signals for the symbol over the given period of time.

• HR (Hit Rate)—This column displays the hit rate for the specified time period. The hit rate is calculated using the formula 100% * (xPL + xPS)/ xNT, where x indicates BT for back test or FT for forward test.

• APR (Annualized Percent Return)—Displays the APR of the given symbol. APR is the percent return, Prof%, averaged out to a full trading year of 250 trading days.

• Prof% (Percent Profit)—The Prof% column shows the percent profit for the given symbol. It is calculated by summing the total profit in all trades over the given time period. Worded differently, it is the sum of the profits from each trade on the Voting Line. Percent profit is a base statistic for APR.

• Prof%= 100*($ Returned)/($ Invested)

For Futures:

Prof% = 100%*(PINc- POUTc) * PF /(Total Margin),

where:

PINc = Price In, the close of the day VisualTrader entered the market.

POUTc = Price Out, close of the day VisualTrader exited the market.

PF = Price Factor.

Total Margin is the Total Margin for the given commodity in the Easy Data database.

When you trade using intraday data, there are statistics that can be very helpful, which you would not use in End-of-Day trading.

You can configure your Opportunity List to include the following Intraday Statistics:

• Ask (Ask Price)—The price a market maker is asking for the security (the price you will pay if you buy).

• Bid (Bid Price)—The price a market maker is willing to pay for the security (the price you will receive if you sell).

• Last (Last Price)—The last price at which a transaction occurred.

• Net (Net Change)—The net change for the day.

• NetPct (Net Percent Change)—The net percent change for the day.

• 52 High (52 Week High)—The highest high price over the last 52 weeks.

• 52 Low (52 Week Low)—The lowest low price over the last 52 weeks.

• Ask Size—The number of shares (size of Ask).

• Bid Size—The number of shares (size of Bid).

• Prev Close—The closing price of the previous day.

Note:These statistics require realtime data.

The profiles in VisualTrader may contain up to seven different timeframes. Signals that are generated for each of the timeframes, or data periods, can be viewed in the Opportunity List by adding the column from the Timeframes menu into the Opportunity List.

To add a column that will reflect current signals for additional timeframes, right-click any column title header at the top of the Opportunity List and select Add Column followed by Timeframes. Then select the desired column to add. All newly added columns appear as the right-most column in the Opportunity List.

Note:Timeframe columns must exist in the profile & be enabled to vote under Edit » Timeframes.