Mnikolic Investment Technologies
intelligent investment technologies™
Mnikolic Investment Technologies
intelligent investment technologies™

TradeBuilder Core 2018 Edition adds Envelopes to its collection of technical analysis tools, increasing the total number of compoundable indicators to 15. Envelopes, representing a moving, statistically derived price channel, provide excellent filtering and trend following opportunities when used alone or compounded alongside other integrated indicators.

New Integrated Indicator: Envelopes

Envelopes are built using 2 deviated moving averages (upper and lower), with deviation being measured in percentage terms. This means lower time frames (under 1 hour), with their lower daily vertical range require lower Deviation values (under 1%) while higher time frames (over 1 hour) require higher Deviation values (over 1%, realistically in the 3-5% range). Of course, Deviation input is up to the user - their strategy and risk appetite.

Envelopes can be used within a strategy in many different ways. One of the most common is using upper envelope pierce by price as bullish signal and lower envelope pierce as bearish signal. The space between upper and lower acts as a buffer or filter against choppy or consolidating markets. Piercing of these bounded statistical extremes represents strength in the market - either trend, momentum, or both. By default, TradeBuilder will issue a buy signal when price crosses over upper envelope and sell signal when price crosses under lower envelope.

The following example shows how TradeBuilder Core is generating signals "under the hood" when just the Envelopes integrated indicator is active and set to Period of 20, Deviation of 0.1% on Aussie/Dollar (AUD/USD) 1-hour chart. As trend gains strength it pierces upper/lower envelopes, often marking an onset of bullish/bearish trend. You do not have to have Envelopes indicator attached to the chart when using TradeBuilder Core, it was added to the chart below for illustrative purposes only.

New TradeBuilder Core Parameters

IndEnvelopes: Setting this parameter to true activates Envelopes
Period_Envelopes: Averaging period for each Envelope MA
Deviation_Envelopes: Deviation between upper and lower envelopes (in percentage)
MAType_Envelopes: Moving average type of upper and lower envelopes (simple, exponential, smoothed, linear weighted)
PriceType_Envelopes: Price type used for the calculation (close, high, low, open, median, typical, weighted)
Shift_Envelopes: How far into future (in terms of bars) the envelopes are projected

Envelope-bases Strategies

The following screenshots show various TradeBuilder Core strategies where Envelopes indicator is compounded with some of the other 14 indicators.

TradeBuilder Core on Euro/Dollar (EUR/USD) 15-minute chart compounding Envelopes, Parabolic SAR, Force Index, Momentum, Heikin Ashi

TradeBuilder Core on Pound/Dollar (GBP/USD) 4-hour chart compounding Envelopes, Double Moving Average Cross, Force Index, Heikin Ashi

TradeBuilder Core on Euro/Yen (EUR/JPY) 1-minute chart compounding Envelopes, RSI, Double Moving Average Cross, Average True Range, Heikin Ashi

Other Additions

The 2018 Edition of TradeBuilder Core was naively compiled in the latest Metaterader 4, build 1090 environment ensuring maximum compatibility with current and future versions of the platform as well as Windows 10. Core's manual has been updated (section 4.4.16 in particular) and now covers all of the new features of the 2018 Edition. Envelopes integrated indicator is also available in TradeBuilder Classic.

Is there an Expert Advisor (EA)?

TradeBuilder Core is an indicator (not an EA) that issues real-time signals on your chart and to your email address as well as smartphone (iOS, Android). You may have noticed that our other indicators such as MarketScalper PRO, TrendSuite, and TradeBuilder Classic now include optional Expert Advisor add-ons for auto-trading, back-testing, and optimizing strategies based on their algorithm. So why is there no EA for TradeBuilder Core? The answer is in its positioning. TradeBuilder Core is our lowest-priced, entry-level trading framework and we feel that offering an EA add-on that costs as much as the indicator itself would take away from its position as a value product. If you still need an EA for a TradeBuilder Core strategy then we suggest you consider upgrading to TradeBuilder - Classic Edition. Classic version comes with 3 times as many integrated indicators as Core and includes an optional EA add-on. For a limited time, we are offering all Core clients an upgrade to Classic (with a lifetime upgrade license) and the Classic EA for $500 (normally the EA alone is $450). Contact us if interested.

Getting the new version

TradeBuilder Core 2018 Edition can either be upgraded to or purchased.

Upgrading: Existing Customers

If you are an existing TradeBuilder Core customer, only one of the following two options applies:

  1. Customers who purchased TradeBuilder Core Edition on or after March 18, 2013 qualify for a free upgrade via their licensed software portal.
Download 2018 Edition
  1. Customers who purchased older versions of TradeBuilder Core qualify for a discounted upgrade fee of $150. Includes all future versions.
Upgrade now for $150

Please note: if you are satisfied with an older version of Core, you do not need to upgrade. All versions (old and new) will continue operating normally, and will never bother you to upgrade. Marko Nikolic Investment Research supports, fully and indefinitely, all versions of its software, regardless of age or version number.

Purchasing: New Customers

TradeBuilder Core 2018 Edition is available for sale at the official Marko Nikolic Investment Research store. The current, promotional price is $350.

Purchase TradeBuilder Core

Marko Nikolic
President and Chief Developer
April 27, 2018, Toronto, Canada

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