01 Jun 2009 @ 9:20 PM 



Software requirements

I have been working on The Hurst Trader for a long time now, but I believe it is necessary to express the requirements or guidelines that have provided me with some direction. Here they are:

The Hurst Trader is trading software that should achieve these goals:

  • Analyse the stock market according to “the trading theory” – this is primarily Hurst’s Cyclic Theory, but there are a few other influences that I include (nearly 40 years have passed since Hurst published his findings, so it would be foolish to disregard new developments in the field). Read blogs under the category Trading Theory to understand the theory the software works with.
  • Make “intelligent” trading decisions, in terms of:
    • Trade entry (buy and sell signals)
    • Trade monitoring (including the facility to “know” why the trade was initiated in the first place)
    • Trade exit – selling (or covering short) at the appropriate time and price.
  • Furthermore, the software should have some concept of continuity over time (in other words if an analysis changes it should recognise that fact!)

For more information about the background to this project, and its development please explore the blog.

Current Status
Reading through a blog can be tedious, to say the least, and so I’ll make this simple: the software is currently being tested (Beta testing) by a group of enthusiastic testers in 9 countries around the world. If you’d like to be one of them, please enter your information on the Home page.  

To catch up with the detailed progress, read the latest posts in the category: Project Progress.

Tags Categories: Miscellaneous Posted By: admin
Last Edit: 16 Aug 2009 @ 09 01 PM


Responses to this post » (One Total)

  1. JamesD says:

    Thanks for the useful info. It’s so interesting

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