Single Trail Stop Loss Exit Rule

User Manual

Introduction

Trading means buy and selling and share trading means buying and selling of shares in share market. A trading system is simply a group of specific rules, or parameters, that determine entry and exit points for a given equity. These points, known as signals, are often marked on a chart in real time and prompt the immediate execution of a trade.

In this Trading Method user shouldn't have to lose out on the opportunities of options trading just because you are busy. Trade alerts are designed specifically so that you can place the order. Each alert and update comes complete with entry price limits, stop loss levels and profit targets. User will be able to trade with confidence knowing that expert analysis the system.

Trading means when a stock moves quickly in the right direction, this high-risk strategy pays an extremely high reward.

This rule for generate alert for selling shares. It executes on the current prize of security which exists in SecurityMostRecentQuote table. Alert trigger a buy when the price reaches a set value; this would be essentially the same as placing a limit order except that it would work regardless of whether the price was below the ask price or above the ask Prize.

The Trigger Price is the specific price of an option. It is depend on the parameter value at which point user want to sell the security that is called trigger price for calculating the trigger price one has to enter parameter value exit percent. It represents the percent value at which user doesnâ€™t want to bear loss more than this value.

Calculation of Trigger price: = Closing Price *(1-Exit%)

Following Pages are there those will help us to run the process.

Start Form

Start with the default page. On this page user have the facility to run the Rule or Configure the database according to their specification.

The functionality of Product are as follows

Configure the database
Print Functionality
Preview Functionality
Export in CSV Format
Know the Security Position

Screenshot 1

There are four buttons on the form

These buttons gives following functionalities:

Start: Start buttons is used to run the process after setting the configuration before running the configuration one need to set the configuration. It is required because the application run on your database.

Configuration: This button goes to the page configuration where one set his own database.

About: This button tells about the company information for which product belong to.

Close: This button is used to exit from the application.

Configure Form

1. Click on the Configuration button to configure. User has the ability to configure the database according to their specification.

Screenshot

2. Select Database Type: User can choose from the above drop down his own database option weather he uses Access or Sql Database.

3. Now fill the Database Information according to the selected database type. Browse the Access Database or fill the required field for Sql database as shown in the image.

4. Enter Server Name, User Name and Password for sqlserver database.

5. Now select any database Name from the drop down which already filled on the basis of the above database entries.

6. Click on the next button to fill the information of the Security Table.

Screenshot

7. All drop down filled according to the Database specification entered by the user. Select table name for the Security table from the drop down and then all drop down of this form is filled with the column name of the selected Table Name then select the field name from the drop down according to the Column Name.

8. Next Button => Click on the next button to configure the table name and column names of Security End of day table and Security Most Recent Price Table.

9. Save Button ? Finally click the Save button. On the click of the button, the database configuration is saved and the control is transferred to the Start page.

10. Cancel button ? On the click of the cancel button control is transferred to Start page without storing any data

OutPut Button

User can Click on the Output button to set the output configuration in which Alert can be saved. There are two options:

1. By Email ?Security Alert send via mail.

2. By Database ?Security Alert save in the database.

For the above output process user has to insert correct information of the selected option. Figures are shown below:

Click on the Output button to set the output configuration.
Click on the Email Check box or Database check box according to the requirement.
Fill all parameter value and then click on the save button.

Next Button ? To set the value of the next parameter or to see the values of the parameter.

Back Button ? To see the parameter value of the previous panel.

Save Button ? Finally click the Save button. On the click of the button, the database configuration is saved and the control is transferred to the Start page.

Cancel button ? On the click of the cancel button control is transferred to Start page without storing any data

Start Process Form

1. Click on the Start button to run the first page then start process page gets open.

There are two options by that use can run the process

For all securities
For filtered securities
For single security

First we are going through for all securities as shows follows.

Following stops need to go to run the process

Select Alert option according to the requirement. If user select All Security then this process generate alert for all security or if User select Single Security then it generate Alert for the particular Security.
Enter the Exit percent parameter value. It is the value that represent on that user want to sell the securities. He doesn't want to bear more than this value loss.
And then press Go Button => on click of this button Alert will be generated for those securities for which current price condition meets.

Above steps are shown in following images:

Step 1.

Step 2.

Step 3.

Step 4.

Step 5.

Step 6.

Process to generate alert for filter securities

The only difference is that use has to fill the symbol for which security he/she want to run the process.

Select Alert option according to the requirement. Now this time we will choose filter securites option.
Select the securities and filled the parameter value.
Enter the Exit percent parameter value. It is the value that represent on that user want to sell the securities. He doesn't want to bear more than this value loss.
And then press Start Button => on click of this button Alert will be generated for those securities for which current price condition meets.

Step 1.

Step 2.

Step 3.

Step 4.

Step 5.

Process to generate alert for single security

The only difference is that use has to fill the symbol for which security he/she want to run the process.

Select Alert option according to the requirement. Now this time we will choose single alert option.
Enter the security symbol that we want to process.
Enter the Exit percent parameter value. It is the value that represent on that user want to sell the securities. He doesn't want to bear more than this value loss.
And then press Start Button => on click of this button Alert will be generated for those securities for which current price condition meets.

Step 1.