Readme File for TradeSim

Standard, Professional and Enterprise editions

Release Date

• Upgrade to new compiler
• Improved licensing system

• Installer now compatible with Metastock 12 and 13

• For commodities and risk/volatility PS models corrected the way position value is recalculated when the PositionValue exceeds the Position value limit.

• In the trade database loading options in the global preferences the check for non trading days (saturday, sunday) can now be turned off.
• Ignoring non trading days in the open equity chart has now been disabled.

• Increased the PointValue precision to 4 decimal points
• Reduced the minimum point value from $1 down to $0.01

• Fixed problem where exporting the R-multiple chart in the trade statistics did not export the correct chart.

• Fixed divide by zero error when simulating intraday system with a trade duration less than one day.
• Fixed problem for stocks where a margin of less than 100% wasn't being utilised to take more trades when it could have thus reducing the maximum capital in trades and the maximum number of trades that can be taken at any one time.

• Fixed problem where Exporting Charts as well as Print Preview of charts would generate a Win32 API error.
• Some changes made to the Trade Log Preferences.
• Fixed issue with Erase License not working on some computers.

• Fixed problem where session files were not being loading correctly as a result of the changes made in Version 6.7.0.
• Fixed problem where session files would not load correctly in batch sweep mode.
• Fixed problem where the batch sweep mode would not work correctly when the project was loaded up and the Project Editior window was to small to show all of the contents.
• Sometimes a "Zero trades taken" error can result when running a parametric sweep and the minimum position size sweep value is less than the minimum trade size in the trade preferenecs. Editing the parametric sweep parameters will show up the error before you run the parametric sweep.
• When running a batch sweep or loading a trade database file from the project editior the file name is no longer added to the file cache.
• The Monte Carlo batch sweep report no longer displays the trade parameters for the last file in the project.

• Dates are no longer shown when there is no maximum and minimum trade price.
• To reduce clutter and confusion window toolbar icons are now only visible only when the window has been displayed.

• Added Monte Carlo Batch Sweep
• Added project editor for the Monte Carlo Batch Sweep. Batch project files are saved with a .pja extension.
• Added Report Memo which allows you to add additional notes that can appear in a report. For example you could paste your MetaStock trade database exploration code in the memo and save it. Memos are automatically saved with a .mem extension. If a memo has the same name as the trade database file you will be prompted to load the memo in which case you will be able to include the memos in your reports.

• Fixed Trade Log export for virtual Trade Log mode.

• Added better hardware detection for Vista.
• Added check for Margin Requirements less than 0.01% in the Trade Parameters.
• Reject Trades for margins less or equal to 0%.
• Remove leading and trailing spaces from license key.

• Added administration rights to the protected application for better stability and compatability with Vista.

• License information is now written out to the registry intsead of a file.

• Improved update speed of Monte Carlo histograms. Changing the frequency display or number of histogram bars now almost results in instant changes to the histograms.

• Added Maximum Relative Dollar and Percentage Drawdown Stats to the Monte Carlo analysis.
• Added Average Relative Dollar and Percentage Drawdown Stats to the Single Simulation report.
• Added Maximum Relative Dollar Drawdown to the Monet Carlo Histogram bar charts.
• Added Maximum Relative Percentage Drawdown to the Monte Carlo Histogram bar charts.
• Added Maximum Consecutive Winners to the Monte Carlo Histogram Bar Charts.
• Added Maximum Consecutive Losers to the Monte Carlo Histogram Bar Charts.
• Added Average Consecutive Winners to the Monte Carlo Histogram Bar Charts.
• Added Average Consecutive Losers to the Monte Carlo Histogram Bar Charts.
• Added Parametric Sweep function to the MonteCarlo analysis which steps through a range of trade parameter and runs a Monte Carlo analysis for each step and superimposes the resulting bar charts.

• Improved the responsiveness of the Open Trade Plots to user abort when the abort button is clicked.
• When "Allow invalid price data" in the data loading options and "Price checking" for the open trade plots is enabled a message box is now displayed which allows the user to abort the process because any price errors will be reported to the Message Log but the plot will not be created.
• Added improved error checking and reporting when accessing MetaStock security files.
• Added security date range checking when displaying trade information on a chart.
• Enhanced the speed at which open trades charts are generated by a factor of 10 times the previous performance.
• The Standard Edition now supports reading TRT and CSV trade database files.
• Fixed problem when Trades Executed exceeded 3000 and a dialog box would appear asking whether or not you wanted to create the Trade Log. This would sometimes result in a message box with "Canvas does not allow drawing".
• Improved error reporting and recovery when generating open trade charts.

• Added Compacting function for the HT Dynamic Lists. You can now remove upto 97% of redunandant information form the HT Dynamic list and still reconstruct the SBF Table without any differences in the results.
• Added security data cache option for more speed improvements for the open trade plots.
• Added better memory management for loading large trade database files.
• Added Virtual Mode to the Trade Log which is useful when dealing with a large trade database and large number of executed trades. However in this mode some functionality is not available such as Trade Inspector, Open Trade Inspector and "Highlight currently open trades" from the Trade Log popup menu.

• Changed some licensing MessageBox to stay on top for better user alert.
• In the trade parameters tab Changed "Maximum daily open positions" to "Maximum allowable daily orders" to better reflect the situation with provisional trades where some trades may not get filled.
• Remove "Disallow more than one open position with the same symbol" and replaced with a limit of the number of trades with the same symbol.
• If an attempt is made to run a simulation with Provisional Trades and Entry/Exit ordering other than "default ordering" then a error message is issued and the simulation is aborted.
• Fixed problem where "Position Value Limit" for the risk /volatility PS models did not work correctly when "Magnify Position Size/Risk" was disabled.
• Changed Provisional Trades Entries in the Trade Log from Silver to Dark Grey background for better visibility.
• When Provisional Trades are enabled and Confirm Entry is false then the trade status in the Trade Log is displayed as "Cancelled" rather than "Enter".

• Added extra branch for "Use Alternate Pyramid Entry Trigger" to the Signal Chart Reecord Trades Parameters Tree.
• Added "Maximum allowable daily orders" to the parameters section of the trade report.
• Display Ignored the Ignored Trades in the Report and Simulation status box.
• Display the Ignored trades in the Trades Rejected Report.
• Display hints in the status bar.

• Fixed problem where you could not access library document files from within TradeSim after the name changes from previous release.

• Increased limit of 'Daily Maximum Open Positions' from 100 to 500
• Allow the user to re-register when 'No more hardware changes' message is displayed. In the previous version the user had to manually delete the 'regkey.dat' file in order to re-register.
• PDF Document files ANx,TBx were rename to replace spaces with underscores. This makes it easier to generate a more legible link,

• Removed warning message box alerting the user that some or no trades have valid InitialStop values and therefore cannot use any of the risk based PS models. Instead the warning is now posted to the Message Log.
• Removed warning message box alerting the user that some or no trades have valid Volatility values and therefore cannot use any of the Volatility based PS models. Instead the warning is now posted to the Message Log.
• Duplicate trades can now be checked irrespective of the data loading options. Previously the "Sort by symbol" loading option had to be selected to enable checking of duplicate trades.
• Fixed exception which occured when the Trade Database Inspector was enabled and another trade database was loaded and the user click a trade on the trade database manager.
• When the chart time base is changed in the global preferences you are now asked whether you would like to re-run the simulation again.

• Added YYYYMMDD mask comment to the SBF table file.
• Added AN7 document to the document library.

• When price inconsistencies are found plotting the open equity chart and the user aborts the plot, the window is now closed.

• Added SBF Table Check List to the Report Log. When an exploration is run with a SBF Table the table will be loaded into the check list and as each security in the table is loaded by the Exploration it will be checked off (highligted in green) in the table. You can therefore see at a glance which securities were not included in the exploration.

• Fixed problem where TradeLog Export would not ecport the date and time properly.
• When changing the trade database loading options in the global preferences a reminder message box will popup reminding the user that the options will only take effect th next time a trade database is loaded.

• Added formatted date/time option for the Trade Log export to CSV.

• Fixed problem where tags on weekly return bar chart was not displaying the correct percentage values.
• Fixed problem where Trade High/Low Date did not display time.
• Fixed problem where PDF documents from the help menu would not open when TradeSim was opened from Metastock.

• Added Volatility, Trade Low Time, Trade High Time to the trade database CSV export, import.

• Fixed Problem where "Portfolio Limit(%)" extended data was not being displayed in the trade datbase manager.
• A new license key is now needed to run the beta versions. You will have to re-submit your license details by the license manager within TradeSim in order to get a new key to run the beta versions.
• Increased the maximum number of securities per folder from 2000 to 6000.
• Increased the precision for the fractional transaction cost from 2 places to 4 decimal places.
• Fixed problem where the closed trade Monthly bar charts were not displaying the correct date when monthly profit was zero for that month and linear time scale was used for the time scale.

• Added support for Intraday data. Some features are not supported for Intraday data at this stage such as Open Equity Charts and Linear Time Scale Charts. Intraday data follows the MS internal format of HHMMTTT where HH=hours(0-23), MM-Minutes(0-59), TTT-Ticks(0-999).
• Added "Survivorship Bias Filter Utility" used to construction Index date range tables of the S&P Indices which can be applied to a loaded trade database or applied at the time a trade database is created in Metastock.
• Added Maximum number of trades that can be taken on a given day.
• Added Operating System Version to license details email submission.
• Added Trade Database Inspector to view all trade data for the selected trade in the trade database manager. This is useful when the window is not large enough to dispay all information in the Trade Database Manager window.
• Added the ability to load extended data tables (symbol vs value) from within TradeSim such as Margin Rquirement, Initial Margin, Point Value, Transaction Cost and Trade Rank. Extended data can be inserted into the trade database at the time a trade database is created but this can now be done post trade database generation for quick evaluation. For example you may want to compare the effects of margin requirements from different CFD providers. This can now be done without have to recreate a trade database with a different margin requirement table.
• Added Provisional Trades. An extra status bit CE (Confirm Entry) has been added to each trade in the trade database which donotes confirmation of trade entry. This allows trade signals to be generated and TradeSim treats these as prospective trades where orders are put into the market and depending on whether or not the CE bit is asserted the trade will actually be taken or discarded. Discarded trades are shown in the Trade Log as a trade entry with yellow text on a grey background. There is no corresponding trade exit in the log because the trade was never accepted by the market. The provisonal trades with CE=false are removed after all entries on the same date/(time) have been considered which may include other provisional trades with CE=false or accepted trades with CE=true. Trades with CE=true are treated as trades which have been accepted by the market and treated as complete trades with entry and exit conditions shown in the Trade Log as in previous versions of TradeSim. When Provisonal Trades has been switched off in the Trade Parameters then the CE bit is ignored and all trades are treated like they were in previous versions of TradeSim and assumed to be successfully accepted by the market. Provisional Trades along with SetVariableTradeRanking, IncludeAllSignals from the plugin library can be used to achieve complete signal ranking capability.

• Some fine tuning made to the licensing for better compatibility with Vista.

• Fixed problem with Open Equity, Weekly, Monthly Charts.
• Improvements in Hardware identification under Vista and XP 64.

• Added version info to the registration mail.

• Disabled MAC address checking from the Hardware ID. Some wireless devices change the MAC address when they reconnect.

• Added OEM support

• On some users PC the "Send Registration Details" dialog box was cutoff and the license details could not be sent.
• Change the precision of Initial Stop to four decimal places.
• When the Closed Chart Time scale is changed in the preferences the user is prompted to rerun the simulation to see the changes,
• Non trading days (Saturday and Sunday) were causing the Weekly Charts to be terminated prematurely.

• When loading a trade database warnings have been added for trades which occur on non trading days (i.e. Saturday and Sunday).

• Some minor changes to the licensing

• Some minor changes to the licensing

• Added an option to allow the user to abort displaying the Trade Log after the number of trades taken exceeds on a certain amount. This is useful on slow machines with limited resources.

• Some minor changes to the licensing

• Improved the reliability of the registration mail composer which did not previously work on some users machines.
• Fixed problem where closed trade weekly,monthly and yealy charts would not display anything when the Trade Log was disabled.

• Added licensing key text string to the registration dialog box so that the user just has to copy and paste a license text string rather than save an attached registration file.
• For large trade database greater than 5000 trades enabled added prompt to allow user to disable the Trade Log before a simulation is run in order to speed up the simulation.

• Improved minimization/maximization function in the Simulation Status dialog box.
• Simulation Status counters now include 1000 comma separators
• Corrected problem where the position size columns in the TradeLog weren't being saved in the Trade Log Preferences.

• Added Message box to alert users when risk based and volatilty based position size models are disabled due to invalid InitialStop and Volaltilty data in any of the trades.

• Added 'Open Trade Equity Charts' and 'Display Trade on Chart' to the main Tools menu. It is still also available from the TradeLog menu.
• Improved HTML export of reports.
• Fixed problem not recognizing a change in security directories in the preferences.

• Added Weekly Profit and Weekly Return charts to the closed trades charts.
• Added Weekly,Monthly,Yearly Profit and Weekly,Monthly,Yearly Return to the Open Trade Equity charts.
• Added option to add tabs to each column of the reports to facilitate preserving the column formatting when exporting or copying and pasting to Excel.
• Added option to select between condensed and expanded reports. With expanded reports "Value(date)" is expanded over two lines rather than fitted into one.
• Added sorting to security directory display.

• You can now specify more the one top level security directory in the global preferences. This allows more specific selection of security files and can speed up creating open equity charts by eliminating uneccessary securities.
• Changed Licensing system from online activation to a file key system.
• Fixed problem where Update Manager was not checking for updates.
• Fixed problem which would randomly cause TradeSim to throw an exception when the global; preferences were being accessed on the Standard and Professional Editions.
• Fixed problem with Trade Database export and import which would sometimes raise an exception.
• Fixed problem where Monte Carlo scatter charts would not automatically update after a Monte Carlo run.

• The Enterpise Edition now supports trade by trade selection of position size model and associated parameters.
• Added Trade High and Trade Low Date information.
• Changed the report format so it is easy to copy and paste into a Word document etc. Can also export in RTF, HTML and TXT file formats.
• Added Composite report generator to the Enterprise Edition which allows a report to be created which includes user selection of various reports and charts created during a simulation, open trade charts or Monte Carlo analysis. This report can then be printed, copy and pasted into a Word document or exported as RTF, HTML and TXT formats.
• Added open trades Relative Drawdown chart.
• Added open trades Underwater Equity chart.
• Added activation flag to the registry to tell the TradeSim/Metastock plugin to abort loading if TradeSim is not activated. There is no need to remove the plugin when TradeSim is uninstalled.

• Fixed problem where changes in the Volatility Position Size trade parameters were not being accepted.

• For large Trade Logs the status bar would not neccessarily be updated when the Open Equity plot was being generated.

• Added user abort button when plotting the open equity chart.

• Fixed problem where cross-hair cursor would only show up on the Closed Trade Equity chart.
• Increased precision for Transaction costs from 2 to 3 decimal places
• Update software licensing for improved compatbility with Vista
• Fixed problem where child windows would not maximize correctly

• Fixed problem with Margin Requirement Interest for short trades so that the trade interest is credited to the trading account rather than debited from the trading account.

• Added Credit/Debit flag to the trade interest field in the Trade Log.

• Fixed problem where printing of any the reports that required more than one page would only print the first page.

• Added standard ASCII Text file(TXT) export to the Trade Database which includes all fields in the trade database in the order displayed.

• Internal modifications for better window minimization on startup.

•  Added "Check if host app still running before exiting" option to the host application preferences in the global preferences. Normally this option should be left enabled as it allows checking if the host charting app is still running. However on some users machines a long delay before exiting can be caused when this option is enabled.

• Fixed problem where Monte Carlo Report and Monte Carlo Simulation Log would not print.
• Fixed problem in the Trade Report (parmeters) where an additional Fixed Volatility Model parameters would be added irrespective of the actual PS model used.
• The System Tray icon is now always displayed in the system tray when TradeSim is running. When TradeSim is run by running Metastock, TradeSim will automatically be minimized to the system tray icon. When TradeSim is run normally the system tray icon is still displayed but TradeSim will only be minimized to the task bar as normal. The way TradeSim is minimized can be changed from the "Minimize to the system tray" option in the "Window menu.
• The simulation and Monte Carlo reports can now only be exported to html format.
• Reduced time lag on running a simulation after a new trade database is loaded.
• Fixed problem in reports where the "Start pyramid trade at any level" would not be displayed in the report for trade pyramids.
• Fixed problem where windows control functions in the main Toolbar and "Window" menu would disable after clicking on them.
• May have fixed problem with disappearing Toolbar on the main parent form when TradeSim is started from the host charting app.Some more testing needed.

• Added option to the Report Log which allows it not to automatically popup when messages are generated when a trade database exploration is run. Instead another hint box is displayed alerting the operator even if TradeSim has not been minimized to the system tray.
• Added Document Library to the Help menu.
• When entering numeric values in the parameters window it was important to either push the return key, tab key or move to another edit field or control in order for the new value to be checked and accepted. However if this was not done the new value may not have been accepted particular if only one edit field was updated and the user moved the mouse outside the parameters window without moving the focus to another edit field. This has now been changed so any new edit field value is captured irespective of whether or not focus is moved to another field.

• Fixed problem where Total Capital and hence Net Profit in the Trade Summary report did not reflect margin trade interest deductions.

• Fixed problem where "Profitable Trades" in the Summary Report would always read 0%

• Added two Volatility position size models.
• Added Margin Requirement Interest Rate for Long and Short Trades.
• Added Losing Trades Percentiles to the Trade Summary Report.
• Added an "Automatic Scroll Window" option in the TradeSim.DLL Report Log.
• Added Minimum Transaction Cost for the "Fixed Cost per Share/Contract" or "Fractional Cost" transaction cost options.
• Added better detection of the TradeSim.DLL plugin.
• Added TradeSim.DLL version info, full path info and host application name to the 'About' dialog box.
• Added System ID to the Trade Database import/export.

• Fixed problem with the closed charts where exporting or printing would always refer to the Equity chart only and not the selected chart.
• Fixed problem with Margin Requirement on stocks was not producing the correct results when "Magnify Position Size" was disabled.

• Trade Duration Statitistics in the detailed report was incorrectly labled with Long and Short trades instead of Winning and Losing trades.

13-Sep-2006 

• Fixed problem with the Open Trade Database function in the report log would not be enabled when the Tradesim data directory was on a different drive to the TradeSim.exe application.
• Changed the way that Position Size Limit and Portfolio Heat Limit are interpreted when Magnify Position Size is enabled. In this case the linits are magnified according to the margin requirement. For example if PS Limit is set at 100% and the Margin Requirement is 10% then the PS Limit is automatically scaled to 1000%. Similarly for the heat.

• Changed the Trade Report format and printing options.
• Increased max Initial Capital Limit to 10 billion dollars.
• Increased max Portfolio Heat from 100% to 10000% to allow for margin requirement.
• Fixed minor problem where the cursor type would not change to Cross Hairs cursor on charts.
• Fixed problem which would cause the Pyramid Re-entry not to display correctly.

• Some people were experiencing price inconsistencies when plotting the open equity chart. This can happen when there are trades with non-daily periodicity. Due to the way non-daily periodicity security data such as weekly data is constructed by Metastock makes it incompatible with the daily security data used to generate the open equity curve. If price checking is enabled then warnings will be issued however a message box will always be issued regarding the non-daily periodicty before the open equity plot is generated.

• On installation the TradeSim data directory location is stored in the registry. The first time TradeSim is run TradeSim searches the registry for this location.

• Some changes were made to prompt the user when exiting only if the TradeSim.DLL plugin was still loaded.

• Improved the update rate of the Report Log which was slowing down the Metastock Trade Database Exploration.

• Change the Trade Report from RTF fromat to list view format.
• Added Extra Printing options.
• Previously when there was a trade database where there were no trades or trades selected with identical entry dates the Random Walk and Monte Carlo facilities were not able to be used. This has been changed so that the user has the option of still running a simulation where there are no trades with identical entry date trades. This allows simulations to model the variability of the slippage even if a trade or selected trades do not contain trades with identical entry dates.

• Added Report Log Window and Show Signal Chart Window that was previously integrated into the plugin. Some users were experiencing problems with the windowed version of the beta plugin so the window components have been moved to the TradeSim application. This means that TradeSim has to be registered to use these features.
• When closing the app by clicking on the close icon in the top right corner TradeSim now gives you the option of running TradeSim in the background which is accessible from the system tray.

•  Added 'Pyramid Group' column to the Trade Database manager and Trade Log. Previously the trade exit date was one criteria used to determine whether or not a trade was part of a pyramid. Hiwever in some circumstance such as when the base trade is prematurely stopped out higher level pyramid trades would be ignored even if the entry date was less than the exit date of the base trade. When this information is not available (ie previous trade database version) a question mark is displayed and a warning message is displayed recommending that the trade database be regenerated with the latest plugin.

• In version 4.3.1 changed the way that risk is handled for margin requirements so that the actual risk is magnified in accordance with the margin requirement. We have now made this feature selectable so that the risk can be handled the way it was prior to Version 4.3.1.
• Fixed problem with open trade equity chart when transaction cost was non-zero.
• Added CSV exports in place of DOC, TXT and XLS formats, for the TradeLog, Trade Statistics, Monte Carlo Simulation Log. This export now includes column header information. When imported into a spreadsheet such as Excel all data will be displayed with its respective column header. HTML format is still supported.
• Improved exception handling which may have caused the app to prematurely terminate.

• Added additional error checking to the Open Trade Equity Plot to allow checking for conditions where the security data is missing or incomplete for the respective trading date range.
• Added additional error detection and reporting for the open trade equity chart when security data is incomplete for a given trade date range. This can happen if a different vendor security data is used to generate a trade database compared to the one used to generate the open equity chart which is setup in the global trade preferences dialog box. For example if a trade spans from 22/1/2000 to 3/4/2000 and the security data only provides security data starting from 2003 then an error will introduced in the open trade equity chart. This inconsistency is now flagged as an error whereas previously no error was flagged and there could sometimes be a discrepancy between the open and close equity charts as well as the final equity value.
• Added option in the global preferences dialog box to disable checking of invalid price data. If you disable invalid price data checking when generating a trade database from Metastock you should disable invalid price checking in TradeSim otherwise TradeSim will still reject invalid price data when loading a trade database.
• Added Periodicity column to the Trade Database manager and Trade Log. When this information is not available (ie previous trade database version) a question mark is displayed otherwise 'D'=daily, 'W'=weekly, 'M'=monthly, 'Q'=Quarterly, 'Y'=Yearly.

• The color attribute setting used in the Trade Database Manager is now saved.
• The System ID is now used to check duplicate trades along with the Symbol, Position, EntryDate and Exit Date.
• (See Version 4.3.2 - the following description is no longer valid) For stocks the Trade Risk now takes into account the increased position size due to margin requirement. Previously the risk/trade was the same irrespective of the Margin Requirement setting. This is not quite correct because a Margin Requirement less than 100% means that the position size is effectively magnified and hence so is the risk. For example a 50% Margin Requirement means that a trade incurs twice the risk as compared to a 100% Margin Requirement. However when specifying the Risk per Trade this is still based on the cash supplied by the trader and not the additional money from the margin lender. For example if the Initial Capital is $20,000 and the risk per trade is 1% of total cap then the risk on the first trade is 1% of $20,000 which is $200. However the actual risk when the trade is taken is maginified by extra trade capital due to Margin so that the real risk now becomes $200/0.5 = $400 which is now 2% of the current trading capital pool of $20,000.
• Fixed problem where double clicking on any point on the Open Equity charts would not highlight the relevant open trades in the Trade Log.
• Fixed problem where the trade entry and exit would not be highlighted correctly on the Open Trade Inspector.
• Fixed problem where the horizontal scroll bar on the open trade inspector would always reset back to the left hand side of the Open Trade Inspector.
• The Open Trade Inspector updating has been improved.
• Fixed problem where the Open Trade Equity Graph would not account for the open equity on a trade entry.
• Changed the way the Open Trade Equity handles transaction costs. Previously the entry and exit transaction costs would only be deducted when a trade is closed. Now the entry cost is deducted on trade entry and the exit cost is deducted on trade exit.
• Fixed problem when plotting the Open Equity chart where invalid price did not flag errors when this option was enabled in the preferences.
• When launching TradeSim from the command line (i.e, double clicking on a trade database file) TradeSim launches and the Open File dialog box now appears prompting for confirmation.
• Fixed problem when writing a trt file. The MaxLoss and TransactionCost fields were transposed and have been reversed on input so that the MaxLoss appears after the Transaction Cost. The import remains unchanged.
• Impoved the Message Log and Error Reporting.
• Fixed TradeLog column sorting on Transaction Cost, Total Transaction Cost and Total Profit (%).
• (V4.3.1) TradeSim can now be installed onto any drive. Previously all file references, referenced the C: drive.
• Fixed problem where the number of Monte Carlo simulations would default to 1.
• Monte Carlo Simulations parameter is now saved to the session file.
• The simulation option is now saved to the session file.
• Fixed problem when displaying a trade on a chart which would sometimes report a 'mismatch of data' when redisplaying the same trade.
• Fixed problem where Window function ToolButtons would remain disabled when a trade database was loaded from the command line.

• Added 16 extra User Exit Status flags to the Exit Status column in the Trade Database manager.
• Added "Save Preferences On Exit" option to the Trade Log Preferences window, which allows the Trade Log column settings to be saved.
• Added "Pyramid Count" column to the Trade Log which displays the current pyramid count. ie '0' represents the base or entry trade of the pyramid,'1' reprsents the first trade in the pyramid... This is irrspective of the pyramid level which may not represent the number of trades in the pyramid if some pyramid levels have been ignored.
• You can now start a Pyramid at any Level level providing that the level does not exceed a level specified by a limit.
• If "KEYFAILED" error message is displayed when TradeSim is run the user is now given the option of completely erasing the license from the system.
• Added the ability to directly read in CSV files exported in the trade database manager. This allows you to export - modify with Excel - and then import back into TradeSim without having to change filename extensions.
• Added some minor help support.

• Fixed problem where the Total Equity Scale would not display on the 'Open Trade Equity Chart' when the 'Display Total Equity Scale' option was selected in the Global Chart Preferences.
• Fixed problem where the previous chart contents on the 'Security Profit Distribution Chart' (in the Trade Report) would not be erased before new data was added to the chart.
• Fixed problem where an exception error was generated when a basket test was the first test to be run.

• Renamed the "Trade Profit($)" and "Trade Profit(%)" to "Net Trade Profit($)" and "Net Trade Profit(%)" respectively.
• When using fractional transaction costs the transaction cost in the trade log was displayed using a percent sign instead of a dollar sign. This has now been corrected.
• Relabled the "Maximum Volume" in the trade database manager to "Traded Volume".

• Added "Gross Trade Profit($)" and "Gross Trade Profit(%)" to the Trade Log which represents the Trade Profits before transaction costs are deducted.
• Added Pyramid Level to the text trade database format.
• Added Pyramid Re-entry Status to the trade database manager and Trade Log.

• Trade database file association now works correctly. Clicking on any database file will attempt to load that file into TradeSim whether TradeSim is already running or not. When double clicking on a trade database file TradeSim would only load a trade database when it was not already running.
• Removed default trial mode operation.

• Dates on charts can be displayed on weekly or monthly boundaries.
• Added open trades charts which displays the number of open trades at any date.
• Added R-multiple (Reward/Risk) distribution chart.

• When a simulation was run and the following message box displayed "Invalid Simulation Alert - Zero Trades Taken" the "Rejected Trades Window" was automatically closed so the user could not obtain any feedback. This has now been corrected so that the "Rejected Trades Window" remains open with a list of the rejected trades.
• Fixed erroneous problem which would cause an exception after running a Single Simulation and with the Trade Inspector enabled a "Basket Test" or "Monte Carlo" analysis was run.
• When crossreferencing to a chart from the Trade Log the marker is now always positioned mid-screen.

• All closed trade charts can be displayed with a linear time scale which displays all dates except weekends.
• Added Linked Chart button to the chart toolbar which when clicked brings up a menu of possible linked charts. Previously you had to right click on the toolbar to bring up the menu.
• Added Enable/Disable Chart Grid Tool Button to Closed and Open Trade Charts.
• Added Preferences Tool Button to Closed and Open Trade Charts.

• Fixed problem where switching between charts when the Trade Log was disabled would cause an exception.
• Fixed problem when linked charts were added would not correctly scale until the chart was panned. Also the link charts now rescale correctly when a new and different simulation is run.
• Fixed problem where the zero reference line on the Monte Carlo scatter charts would appear off the charts when it was out of range.

• When requesting a chart for an arbitrary symbol typing a question mark will bring up a window with a list of available symbols to select from.
• Additional fixing of the problem which would occasionally cause an exception error when loading a new trade database file.
• Fixed problem where extra price information floating window would not correctly update the prices
• Used a different internal trade database sorting routine to sort trades so that the original order of trades with equal dates is preserved. Note that this may have an effect on the simulation results as compared to previous versions.

• Added "Select All Trades" and "Invert Selection" to the popup menu in the trade database manager.

• When requesting a large number of simulations (ie 1 million) in a Monte Carlo analysis the program would appear to hang after the analysis was completed. This was found to be caused by the huge resources required by the excessively large simulation log and scatter charts. The software has been modifed so that when a MC simulation with more than 20000 simulations is requested then the software gives you the option of temporarily disabling both the simulation log and scatter charts. You can also individually enable and disable the simulation log and scatter charts from the global preferences.
• Increased the maximum Point Value limit to 1,000,000 whuch was previously limited at 20,000.
• In some cases pyramid trades which prematurely terminated due to a breach of stop etc would be ignored because they did not terminate at the pyramid exit date. This has now been corrected.
• Fixed problem which would occasionally cause an exception error when loading a new trade database file.
• The CSV and TRT trade database export function has been enhanced. The following data columns are now exported:- Symbol, Position, Entry_Date Exit_Date, Init_Stop, Entry_Price, Exit_Price, Entry_Low, Entry_High, Exit_Low, Exit_High, Max_Vol, Rank, Point_Value, Init_Margin, MaxLoss ,Trans_Cost, Margin_Req, Trade_Low, Trade_High, Exit_Status. Unavailable data (shown as a '-' in the trade database manager) is exported as a '0' value
• A new trade database export option for CSV format has been added to allow the date data to be formatted according to the default date format.

• Implemented a new online licensing system that simplifies software registration and no longer requires a hardware ID to be sent and a license file to be received.
• Added max position size limit field in the trade preferences. This is a useful feature for limiting the position size to a maximum of N units. For example in commodities trading you may only want to take 1 contract per trade rather than the position size calculated according to the position size rules.
• Added option to the TradeLog which allows all trades used in the TradeLog to be selected in the Trade Database manager.
• Added weekly charts to the security charts.
• Added extended data field processing handling in the binary trade database format. See rev history for tradesim.dll Version 5.0.0.
• Incorporated an option to enable intraday exits. Currently when single bar trades are processed all trades with the same entry date are entered (limited by the capital) before they are closed off. When "Allow Intraday exits" is enabled single bar trades are closed off before another same day trade is entered.
• Added minimum and maximum markers to the Security Charts to display the trade minimum and maximum values. Note that this doesn't require the minimum and maximum trade values to be embedded within the trade database.
• Added entry stop orders.
• For entry limit and entry stop orders a new option has been added to unconditionally accept trades. When this option is enabled the internal random algorithm which generates an entry price is adjusted so that the trade is always accepted.
• Added option to readjust position size. When this option is enabled it readjusts the position size according to the new entry price caused by any slippage.
• When loading a trade database file TradeSim will look to see if a session file with the same name is available and prompt the user to load the trade parameters.

• Evaluating new licensing system.

• When the Trade Log is disabled the Open Trades tool button is now disabled which was previously causing an exception error.
• Some internal modifications.

• The Trade Database manager loading has now been sped up by an order of magnitude eliminating the need for the load status dialogue box. This also considerably reduces the memory resource requirements for large trade databases. It now takes only a few seconds (2GHz AMD XP2000+) to load a trade database with over 80 thousand trades. Previously this would take an exceptionally long time to load.
• The Monte Carlo Simulation Log is now always enabled and memory resource requirements has been improved.
• Fixed problem where Monte Carlo analysis scatter charts were not being cleared properly so points were being accumulated from one MonteCarlo run to the next.
• Fixed problem where "Transaction cost per share/contract" parameter was saved in the session file but not being read in when the session file was loaded.
• Fixed problem where Text Trade Database files would cause loading to prematurely terminate when the line length exceeded buffer capacity of 128 characters. Buffer capacity has now been increased to 256 characters.
• Zero frequency bars on Histogram Charts are now colored grey to improve chart legibility.
• Points on the Monte Carlo analysis scatter charts are now color coded to represent the profit status.(Lime=profit and Red=Loss).
• Added Security Charts Toolbutton to the main toolbar.
• Added independent color coding for each cell in the Trade Statistics Table. Previously the color of each line in the table was determined by the sign of the Average Net Percent Profit which could be misleading for other values which had an alternate sign.
• Using the date picker to exclude date ranges now results in trades which are excluded to appear with a light gray background and white font color.
• The Rejected Trade Report has now been expanded to include 'ignored trades' ie trades that lie outside the date range or trades that have been unchecked in the trade database manager. This is also reflected in the Trade Simulation report such that:- Trades Rejected + Trades Taken = Trades Processed.
• The Single Trade Simulation has been sped up by only updating the 'Trades Processed' and 'Total Trades Processed' in the 'Trade Simulation Status' dialogue box only when a trade position has entered or exited. Previously it was updated for every trade in the trade database thus causing a performance hit particulalry for a large Trade Database.
• In the previous beta version added minimum trade size as a percentage of the available trading capital. This has been changed to minimum trade size of the total trading capital. Now you can specify the minimum trade size as a dollar amount or a percentage of the total trading capital and TradeSim will use the higher of the two as the minimum trade size threshold.
• In the Web Update Manager added the ability to check for new Beta Pre-Release Versions.
• Added Profit Distribution Chart to the Trade Reports. This illustrates how the percentage profit of each trade in a simulation is distributed.
• For the Enterprise Edition added the ability to display any chart for any symbol even if it is not listed in the Trade Database Manager and provided that the security data is available for it.
• Standardised all chart colors in order to avoid confusion. The following conventions are now used:-
  • For Closed Trade Charts
    • Red=Trade Exit,
    • Blue=Trade Entry,
  • For Monthly and Yearly Charts
    • Lime=Profitable situation,
    • Red=Loss situation,
  • For Open Trade Equity Chart
    • Blue=Trade Entry,
    • Red=Trade Exit,
    • Purple=Trade Entry and Exit,
    • Lime=Inactivity,
    • Gray=Open Trade,

• The last trade database directory accessed is now remembered and also stored when the program exits.
• Slight change to user interface
• Fixed problem where the Transaction Cost field did not correctly register the value being entered.

• For the Professional and Enterprise Editions The Monthly and Yearly Profit Gain Charts which were added in 3.2.0 have been replaced by Monthly and Yearly Return Charts.
• Fixed problem where the save session toolbar button did not do anything.
• Changed definition of duplicate trade to include trades with identical trade position, symbol, entry and exit dates. Formely a duplicate trade was defined as one that had identical symbol, and entry date only.
• For a group of open trade positions which have the same exit date you can now change the order at which trades are exited. Previously, for a group of trades with a given exit date the trade that was last trade entered (ie highest trade number) was the first trade removed ie Last In First Out (LIFO). You can now change this order of removal so that the first trade entered is the first trade that is removed ie First In First Out (FIFO). Default operation is of course LIFO mode which can be changed in the global preferences dialogue box.
• Fixed problem where trading on margin did not produce the correct trade simulation.
• Fixed problem where transaction cost of $1 would produce a divide by zero error.
• Added maximum and minimum trade duration to the report.
• Added minimum trade size as a percentage of the available trading capital. Now you can specify the minimum trade size as a dollar amount or a percentage of the available trading capital and TradeSim will use the higher of the two as the minimum trade size threshold.
• Added fixed cost/share transaction cost to the stock simulation. Formerly this was only available for commodities simulation. Also all transactions cost options are now saved as separate entities when a session file is created.
• For the Enterprise Edition only added linear time Open and Closed Equity plots. (Right click on the Trade Log to access this function).
• For the Enterprise Edition only added Open Trade Inspector which operates with both the Closed Trade and Open Trade Equity Charts.
• For the Enterprise Edition added Multi-Charts which allows alternate charts to be stacked vertically on top of each other for direct comparison. (To access this function right click on the chart tool bar).
• Fixed problem where slippage was not taken into account when calculating the Position Value. Normally the target entry price is used to calculate the position size of the trade and the actual or slippage modified entry price is then used to calculate the position value for the trade. In some cases the target entry price was being used to calculate the position value.
• Dynamic crosslinking from any of the daily charts now highlights the trade in the trade database window although the trade log window is always brought to the foreground with the trade highlighted as normal.
• Previously when focus was moved from the trade log window the highlighted trade would be stealthed. This has now been changed so that the highlighted trade changes from navy blue to silver when focus is moved away from the trade log window (similar to any highlighted trades in the trade database manager).To avoid confusion with trade entries which had a silver colored background trade entries in the trade log are now highlighted using a light yellow color rather than the former silver color. This was done to avoid any conflict.
• Fixed minor problem where the 'Use Point Value from the Trade Database' checkbox was not reflecting the state stored in the session file.
• Added optional cross hair focus to all charts.
• Added extra transaction column to the Universal Text Trade Database format.
• Added Crosshair cursor to the charts.

• Fixed problem where the minutes display in the simulation dialog box would not correctly wrap around to zero when the simulation time exceeded 1 hour.
• Fixed problem where the File->Print menu option did not work correctly.
• Fixed problem where checking or unchecking single trades in the trade database would not update the number of trades selected in the statusbar.
• Fixed problem where the 'Trade Log' and 'Rejected Trade' tools on the main toolbar where always disabled.
• Allowed the 'Rejected Trade' report window for the Basket Tester.
• For commodties simulation added an extra 'max loss' column to the text trade database format. The maximum loss parameter is useful when employing the Optimal-F money management strategy.
• Increased maximum dollar transaction cost from $200 to $2000.
• Fixed problem where selecting/highlighting one row in the Trade Log and then reloading a new trade database would cause an exception error.
• For the Professional and Enterprise Editions added the ability to highlight (in yellow) the currently open trades in the Trade Log with respect to a trade that has been selected in the Trade Log.
• For the Professional and Enterprise Editions added Monthly and Yearly Profit Gain Charts.
• Added Total Equity ($) scale to the right hand side of the Dollar Equity chart. The scale values displayed are the left scale values offset by an amount specified by the Initial Capital. This is enabled in the Global Preferences.
• Added Total Equity (%) scale to the right hand side of the Percent Equity chart. The scale values displayed are the left scale values offset by 100. This is enabled in the Global Preferences.
• Fixed problem when loading a session file and the Fixed Percent Risk parameters were being used in the Fixed dollar risk parameters, although the correct information was being saved in the session file.
• Added Margin Requirement field for stocks to the trade parameters tab. This specifies the proportion of funds that you must deposit in order to place a trade. The effect of this on a trade simulation is that it allows you to leverage each trade when the Margin Requirement is less than 100%.
• In the Trade Statistics section of the Detailed Report added trade statistics relating to the exit type status.
• To avoid confusion with other stop mechanisims used by TradeSim the 'Stopped Out' exit status has been renamed to 'Protective Stop'.

• Fixed problem where selecting start and stop dates from the date pickers in the trade database managers would not correctly set the start and stop entry dates.
• Added Windows system date format to the global preferences.
• Added the following parameters to the Detailed Report :- Start Entry Date - Stop Entry Date - First Exit Date - Last Exit Date
• Fixed problem where the 'last entry date' was actually being reported as the 'last exit date'
• Fixed problem in the Trade Log Preferences dialog box where the 'Basic Log' and 'Default Log' configuration would not select the correct columns.

• Added Optional Candle Stick Trade Charts to the Enterprise Edition to allow displaying trade information on a chart. This facility requires security data stored in Metastock binary format.
• Fixed problem where the "Maximum Available Trading Capital" graph (grey line) on the "Capital in Trades" chart was not being plotted correctly.
• Added "Maximum Capital In Trades" to the Trade Log and Trade Inspector.
• Added attributes to the Trade Inspector which better indicates the relationship between the chart and the inspector.
• Added 'Rank' to each trade to allow the trade database be sorted based on some ranking criteria ie P/E ratio etc. Ranking can only be added to a text trade database. To add ranking to a binray trade database first export your binary trade database and then assign ranking to the text trade database.
• Added a ranking column to the Trade Database Manager and Trade Log.
• For commodities simulation added the ability to assign a 'Point Value' to each trade in the trade database. Dynamic point values can only be added to a text trade database. To add point values to a binary trade database first export your binary trade database and then assign point values to the text trade database. If the point value is zero or absent then the default value specified on the trade parameters tab will overide it.
• Added a point value column to the Trade Database Manager and Trade Log.
• For commodities simulation added the ability to assign a 'Initial Margin' value to each trade in the trade database. Dynamic initial margin values can only be added to a text trade database. To add initial margin values to a binary trade database first export your binary trade database and then assign initial margin values to the text trade database. If the initial margin value is zero or absent then the default value specified on the trade parameters tab will overide it.
• Added a initial margin value column to the Trade Database Manager and Trade Log.
• Added Start and Stop Entry Dates to the Trade Database Manager.
• Improved sorting on the symbol column to allow improved displaying of trade pyramids.
• Remove the 'last database file' used entry in the file menu and replaced it with a 'Recent File' submenu list which contains a list of the six most recently loaded trade database files.

• Fixed Problem where the session files were not being saved properly.
• Added additional threshold to Volume Filter which allows a trade to be rejected if a specified percentage of the traded volume is exceeded. Previously this was implicitly fixed at 100% with no way of adjusting it.
• Added option in the global preferences which allows the TradeSim screen settings to be remembered.
• Added option in the global preferences which allows the Monte Carlo settings to be remembered.
• Fixed problems with file associations which would cause the license registration procedure to be invoked when double clicking on one of the TradeSim defined file types.
• Added a Combined Reports page which displays the Trade Parameters, Detailed Report and Trade Summary Report on the same page.
• Added the ability to export the Trade Simulation report in plain text and rich text formats.
• Added the ability to export the Monte Carlo report in plain text and rich text formats.
• Previously when the 'Load default parameters' was enabled in the global preferences dialog box, the default parameters were only loaded when the TradeSim was run. Now they are loaded every time a rade database is loaded.
• The 'Maxium Pyramid Level' in the Trade Preferences tab has been renamed to 'Limit Pyramid Level to' and now operates correctly.
• Added a control to limit the pyramid count to a certain depth irrespective of the level.

• Fixed problem which would cause an exception error the first time a session file was loaded straight after TradeSim was run.

• Due to unreliability the registration scheme has been changed so that registration details are now entered online rather than using the local mail client.

• Changed the Licensing system due to unreliability of the existing licensing scheme. It is no longer possible to transfer the license from one computer to another.
• When printing distribution charts from the Enterprise Edition the "Net Profit Distribution" chart would always be previewed and/or printed irrespective of the tab selection. This has now been corrected so that the correct chart is previewed and/or printed.
• Fixed problem which caused the Consecutive Trade Statistics in the Trade Report to be incorrectly calculated in some instances.
• Improved error handling and reporting when trying to load a trade database file which does not exist.
• Spread the Trade Simulation Report over two pages. The first page contains the Simulation Summary as well as the Trade Parameters. The second page contains the detailed report.
• For the Professional and Enterprise Editions added a Performance Summary Report Page to the Trade Simulation Report.
• Added a default session file (_default.ses) which contains a set of default trade parameters that can be optionally be loaded the first time a trade database is loaded into TradeSim.
• The "Save Preferences on Exit" option in the Preferences Dialogue Box is now always saved on exit.
• Added "Maximum Open Positions" to the trade parameters which limits the maximum number of open trades at any one time.
• Added a "Rejected Trades" window to display the rejected trades when running a single simulation.
• Added the ability to simulate trade pyramid strategies.
• Changed the upper limit for "Point Value" from 100 to 20000.
• Added Stop Loss ($) and Stop Loss (%) to the Trade Log.
• Added Net Profit vs Drawdown Scatter Charts to MonteCarlo Analysis.
• The standard deviation of the percentile profit frequency distribution is now calculated correctly.
• Added last trade database file loaded to the "File" menu.
• For the Professional and Enterprise Editions added chart exporting capabilities to all charts.
• The "tradesim.ini" global preferences file is now saved in the TradeSim program directory whereas previously it was saved to the windows directory.
• You are now prompted when overwriting an existing session file.

• Reduced Binary File Size and Optimized for speed improvement.
• Fixed Divide by zero error.

• For the Enterprise Edition added warning to notify that Monte Carlo Analysis cannot be performed on a trade database with trades with no duplicate entry dates.
• Added a Peak-to-Trough Percentage drawdown to the trade simulation report.
• For the Enterprise Edition added a Peak-to-Trough Percentage drawdown to the Monte Carlo Analysis.
• Fixed problem where sometimes the basket tester would prematurely terminate before all of the securities selected in the trade database were tested.
• Consolidated the Trade Summary Table with the Trade Reports Window and renamed it as Trade Statistics. The Trade Statistics now consist of a Trade Statistics Table and a Security Profit Chart with dynamic cross linking between the two.
• Improved chart display by integrating the reference line point into the chart rather than displaying the reference line as a seperate chart series.
• The focus point on bar charts now lines up with the middle tip of the bar rather than on the left tip corner as it did previously.
• Dynamic cross linking from the Trade Log to a Chart automatically positions the chart focus in the middle of the chart pane and retains the axis scaling unlike previous versions which would reset the axis scaling to show the whole chart.
• Added the ability to save the trade database in Comma Separated Variable (CSV) Format. This facilitates editing or manipulating the Trade Database using Microsoft Excel and then rewriting the trade database back out to a Universal Text Trade Database (.trt) format which can be read by TradeSim.
• Added warnings and recommendations to disable any resident antivirus software before proceeding to import or export the license key.
• Added Fixed Transaction Cost per Contract for Commodities only.
• Added the ability to round the position size to a specific lot size. For example you may only beable to trade lot sizes of 100 shares or contracts so if you have a position size of 351 then this will be rounded down to 300 units if the "Round Lot Size to" is set to 100. When a lot is rounded so that the resulting position size is smaller than originally requested an 'R' flag is added to the Position Size status.

• Fixed problem when loading a new trade database the main window would resize to a state when the program was first started.
• The chart zoom rectangle now shows up in a dark color for hi-color and true-color displays.
• Added the ability to scale currency values by 100 which allows currency data that is expressed in cents or pence to be scaled back to the correct default decimal values.
• The currency is now displayed correctly according to the setup contained in the "Regional and Language Options" settings of the Windows Control Panel.
• Added Peak-to-Trough Drawdown calculation to the Trade Simulation Report as well as the actual Peak/Trough Capital dollar values and dates.
• Added automated version update checking via the web.
• Changed the Largest Minimum Trade Size from $10,000 to $1,000,000.
• Added additional trade preferences to the Trade Simulation Report

• Added an extra option to the global preferences dialogue box to allow reporting of duplicate trades. Duplicate trades are only reported they are not removed from the trade database.
• Added extra error reporting options. When a trade error is detected a popup Message Box allows the option of controlling how subsequent errors are processed.
• Enhanced the Message Log with greater history depth and enhanced display with text highlighting and coloring.
• Added a Clear Log button to the Message Log.
• Added the ability to print the Message Log.
• Increased maximum "Fraction of capital risked per trade" from 10% to 50%.

• The Professional and Enterprise Editions now have the ability to import and export trade database files that conform to the Universal Text Trade Database File Format.
• The color coding convention for the "Capital in Trades" charts has been reversed. A red line on the chart represents a trade entry wheras a blur line represents a trade exit.
• Added a 'Maximum Trade Capital' envelope to the 'Capital In Trades' chart which represents the maximum allowable total capital in trades.
• Reclassified the "Bars" column in the Trade Database Manager. This column now represents the number of bars in the trade not the days as was the previous definition. One bar is always equal to one bar on the chart irrespective of the chart periodicity.
• Added a "Days" column to the Trade Database manager and replaced the "Bars" column in the Trade Log with a "Days" column. This column represents the number of days in the trade. TradeSim uses the starting and ending dates of each trade to calculate the number of days between the entry and exit dates. It does not distinguish between trading and non-trading days.
• When a trade database is generated each trade entry in the trade database now includes trade volume.The trade volume is the minimum of the traded volume at the time of the entry and exit triggers. TradeSim can now use this information to determine whether or not there was enough traded volume for the trade to be taken or it can throttle back a position to a more realistic position size.
• Added Traded Volume limits to the position size rules in TradeSim which allows the traded volume in the trade database to be used to determine whether or not a trade will be rejected based on its position size. A threshold can be set as a percentage of the trade volume where a trade will be rejected if insufficient traded volume is available.
• Added the option of saving the Global Preferences on program exit. Previously the Global Preferences were always saved on program exit.
• Corrected problem where long trades were processed when "Process short trades only" option was selected in the "Trade Position Type" in the Trade Preferences tab.
• You can now load a session file without reloading a database. This will have the effect of initializing the trade parameters and preferences to values stored in the session file without reloading the associated database file. This feature is handy when you want to quickly setup the enviroment with a predefined set of parameters.
• Added extra information to the Position Size Status column in the Trade Log. This column can now indicate a combination of the following status information Normal, P=Partial Trade, S=Position Size limited and V=Position Value limited.
• Added the ability to jump from the currently selected item in the Trade Log to it's matching trade entry/exit log event.
• Enhanced the Trade Simulation Status Dialogue box by including a message log window and extra indicators such as "Trades Rejected" and "Partial Trades".
• Added a Trade Database Manager Processing Dialogue Box which gives feedback on the current processing status as well as allowing the user the option to abort the process if for example a large trade database was taking to long to process.
• Added Portfolio Heat Limit parameters to the risked based position size models according to Ed Seykotas definition of Portfolio Heat which is a measure of the total risk of a portfolio at any given time.
• To avoid any confusion with the newly introduced Portfolio Heat Parameters the "Portfolio Heat" parameter in TradeSim has been renamed "Portfolio Limit". It controls what portion of your trading capital that can be allocated to all trades at any given time.
• For the Professional and Enterprise Editions added three extra columns to the Trade Log. These are:-
  1. The trade risk as a percentage of the total trading capital.
  2. The portfolio heat or total trade risk in dollars.
  3. The portfolio heat or total trade risk as a percentage of of the total trade capital.
• For the Professional and Enterprise Editions added two extra charts. These are:-
  • The portfolio heat or total trade risk in dollars at any one time. Overlayed on this chart is an envelope which defines the maximum portfolio heat limit in dollars.
  • The portfolio heat or total trade risk as a percentage of the total trade capital at any one time. Overlayed on this chart is an envelope which defines the maximum portfolio heat limit as a percentage of the total trade capital at any one time.
• Added two extra Exit Status flags which are:-
  1. Delayed Exit
  2. Time Stop
• Added an Annualized Interest Rate column to the Monte Carlo Simulation Log.
• Added a Trade Database Properties Dialogue box which is accessible from the trade database manager popup menu. This displays the properties of the currently loaded trade database.
• The Trade Database "Extra Price" floating window is now turned off by default but can be switched on via the trade database manager popup menu.
• When locating an event in the Trade Log by double clicking on a point in a chart a marker is now placed on the chart at that point.
• Considerably extended and enhanced the error checking and reporting capability of the Trade Database Manager when a trade database is being loaded thus allowing the user to quickly pinpoint and correct problems with the trade data.
• Separated the order type in the trade preferences to allow independent control over the entry and exit ordering type.

• Previously when using a fixed dollar transaction cost the transaction cost referred to the total transaction cost of the whole trade and not to each side of the trade whereas the specification of the fractional transactional cost referred to the cost of each side of the trade. To avoid confusion and to make the specification of the transaction cost more consistent, the definition of the transaction cost now applies to each side of the trade as a separate cost irrespective of the transaction cost type. For example a 30 dollar fixed transaction means that the total transaction cost for the whole trade is 60 dollars whereas previously it was 30 dollars total per trade.
• Previously when specifying a fractional transactional cost the exit transaction cost was the same as the entry transaction cost irrespective of whether or not the trade exit price was different to the trade entry price. This has now been corrected and the exit transaction cost will reflect the trade exit price.
• When using risked based position size models and limiting the position size value to a percentage less than 100%, selecting "Enable Partial Trades" in the Trade Preferences tab would not limit the position size. This has now been corrected in this version.

• Previously if a database was loaded with no trades, TradeSim would respond in an unpredictable manner. This has now been corrected. The most likely cause of zero trades in a trade database is because the trade database exploration used an invalid security list or no securities were selected. Always check the Exploration report to see if all of the selected securities were used in the exploration.
• Improved error checking and reporting of the Trade Parameters.
• When a trade database is loaded and the price data in any trade falls below the minimum price threshold of $0.00001(previously zero) then the trade is automatically ignored and not included in the trade database. A message is also reported to the message log which includes the trade information.
• Corrected the progress bar display and status information in the status window when a subset of trades has been selected in the trade database manager.
• When a subset of the trades are selected and there are no trades with the same entry date then it is not possible to run a Monte Carlo simulation in the Enterprise Edition. If an attempt is made to run a Monte Carlo simulation when an inadequate number of trade permutations are available the Monte Carlo analysis will abort and a warning message box will pop up to alert the user.
• The "Ignore Open Trades" option in the "Trade Preferences" dialogue box has now been moved to the "Global Preferences" dialogue box under the "Trade Database loading options" section. In the previous version any open trades in the trade database would always be loaded along with any other trades and a trade simulation would ignore the open trades if the "Ignore Open Trades" was checked, even if the open trades in the trade database manager were enabled. In the current version, enabling the "Ignore Open Trades" option ignores any open trades in the trade database so they do not appear in the trade database manager.
• A "Sort by Symbol" option has been added to the "Trade Database loading options" section of the Global Preferences dialogue box. By default, when a trade database is loaded the trade database is processed and sorted by trade entry date only therefore all trades with the same entry date are not sorted by their symbol. By checking the "Sort by Symbol" checkbox the trades with the same entry date will be sorted alphabetically by the security symbol.
• The Entry Price and Exit Price columns have been consolidated into one column in the Trade Log. This column is now labelled Price.The status indicator in the Status column determines whether the entry or exit price is displayed.
• The Actual Entry Price and Actual Exit Price columns have been consolidated into one column in the Trade Log. This column is now labelled Actual Price. The status indicator in the Status column determines whether the actual entry or actual exit price is displayed.
• The Slippage(Entry) and Slippage(Exit) columns have been consolidated into one column in the Trade Log. This column is now labelled Slippage. The status indicator in the Status column determines whether the entry or exit slippage is displayed.

• A new column called (Position Size) Status has been added to the Trade Log. This column specifies whether or not the position size has been adjusted according to additional trading rules, which constrain the maximum and minimum position size.
  • Normal The position size is calculated according to the rules of the position size model. No limiting or resizing of the position size has taken place.
  • Limited The position size has been limited to an amount according to the Position Size Limit parameter in the Trade Parameters window. Note that position size limiting only has an effect when the risked based position size models are used.
  • Partial Normally TradeSim will only take a trade if there is enough trading capital to do so otherwise the trade will be rejected. If the Enable Partial Trades option is selected in the Trade Preferences tab then a trade whose position value exceeds the available trading capital will be resized according to the available trading capital and the trade will be taken as long as the available trading capital exceeds the Minimum Trading Size parameter.
• A new column has been added to the Trade Database Manager which displays the exit status for the trade. The exit status indicates the way a trade was closed when it was generated using the RecordTrades function. There are three possible exit scenarios, which are stored along with the trade data for each trade in the trade database.
  • Normal This type of trade exit was caused when a normal Exit Trigger forced a trade exit.
  • Stopped Out This type of trade exit was caused when a money management or hard dollar stop forced a trade exit.
  • Open Trade This type of trade exit was caused when an internal mechanism in the RecordTrades function forced closure of an open trade.
• A "Minimum Trade Size" parameter has been added to the Trade Preferences Tab. This parameter specifies the minimum possible trade size before a trade is taken. If the position value for a trade is less than this value then the trade is automatically rejected. This allows the simulator to take into account the minimum parcel size in accordance with the rules specified by your exchange.
• An "Ignore Open Trades" checkbox has been added to the Trade Preferences Tab. When this option is selected all open trades in the trade database are ignored during a trade simulation. This is the default operation of the simulator. To include open trades in the simulation unselect this option.
• An "Take Partial Trades" checkbox has been added to the Trade Preferences Tab. Normally TradeSim will only take a trade if there is enough trading capital to do so otherwise the trade will be rejected. If the Enable Partial Trades option is selected then a trade whose position value exceeds the available trading capital will be resized according to the available trading capital and the trade will be taken as long as the available trading capital exceeds the minimum trading size parameter above.
• For the Professional and Enterprise Editions a floating data window has been added to the Trade Database Manager which is activated when the mouse cursor is moved over the entry or exit price columns providing that the trade database contains extended price data. When activated over the entry and exit price columns, the floating data window displays the lowest and highest value of the respective entry or exit prices for the trade.
• Added "Print Preview" dialogue box to all charts. This allows greater control and flexibility in the printed output for all charts.

• Fixed problem with "Equal Percent Dollar Units" position size model. Previously the position size for this model was always stuck at $5000 irrespective of the value in the "Fraction of total trade capital per trade" field. This has now been corrected.
• Improved scaling of chart bars when bar charts are zoomed out. Previously chart bars would squash up and overlap each other when the chart was zoomed out too much.
• Improved Auto Tag and Auto Marker redraw. On some occasions, tags and markers would appear when the number of chart points exceeded the threshold thus creating a cluttered chart display.
• Added Maximum and Minimum Equity and date of occurrence to the Trade Simulation Report.
• Added date of occurrence to the "Maximum Dollar Drawdown" field in the Trade Simulation Report. Note that the maximum dollar drawdown and the maximum percentage drawdown don't neccessarily occur at the same time.
• Added date of occurrence to the "Maximum Percentage Drawdown" field in the Trade Simulation Report. Note that the maximum dollar drawdown and the maximum percentage drawdown don't neccessarily occur at the same time.
• Added date of occurrence to the "Largest Winning Trade" field in the Trade Simulation Report.
• Added date of occurrence to the "Largest Losing Trade" field in the Trade Simulation Report.

• Fixed problem causing POW floating point exception errors to occur when bankrupt conditions occurred.
• Fixed problem causing floating point exception error to occur when the trade position size was zero.
• When a Monte Carlo analysis is run and the range of profit values spans from negative to positive values the left most bar labelling value now corresponds to the minimum negative trade simulation % profit value and the right most bar labelling value now corresponds to the maximum positive trade simulation % profit value. Previously these values did not correspond to the minimum and maximum % profit values respectively, rather they were rounded to values that were a multiple of the bar width value.
• Added color coding to the progress bar in the Trade Simulation Status Window. During a Trade Simulation the color of the progress bar will be dynamically updated after each trade thus giving an indication of the current state of the total capital pool. During a Monte Carlo analysis the progress bar color will always be displayed in yellow color. When a Trade Simulation or Monte Carlo analysis is run the following progress bar color coding is used to denote the state of the total capital pool.
  • Purple Bar- Bankrupt condition ie Total Capital = 0
  • Red Bar - Loss condition ie Total Capital < Initial Capital
  • Grey Bar - Break Even condition ie Total Capital = Initial Capital
  • Green Bar - Profit condition ie Total Capital >Initial Capital
  • Yellow Bar - Monte Carlo analysis in progress

• The 'Purchased' and 'Position Size' columns in the Trade Log which represent the number and value of a parcel of securities has been renamed to 'Position Size' and 'Position Value' respectively. This has been done to remove any confusion as 'Position Sizing' is a terminology which, is used to specify the method of calculating the number and value of a parcel of securities.
• The position size 'Limit' column in the Trade Log has been removed and incorporated in with the 'Position Size' and 'Position Value' columns using an asterix * suffix to represent the position size limit condition.
• The Message Box which pops up warning that the Monte Carlo analysis feature is not available in the Standard and Professional Editions has been removed.

• Fixed problem where the trade transaction cost edit field on the Trade Parameters page would always be shown in dollars irrespective of the Transaction Cost setting on the Trade Preferences page.

• Added Session(*.ses) files which contain all of the trading parameters associated with a trade database file.
• Added a Trade Summary Table which contains trade summary information for all of the securities that were executed in a trade simulation.
• Added basket testing for objective testing of securities in isolation.
• Added extra information in the Trade Simulation Report such as Average Profit per Trade, Gross Trading Profit and Gross Trading Loss, Profit Factor, Profit Index, Maximum dollar drawdown, t-value, Average bars in all trades, Average bars in winning trades, Average bars in losing trades.
• Fixed problems where the total trade duration would be incorrectly displayed in some cases.
• Fixed problems where the last bar of the Monthly and Yearly profit charts would not display the correct value in some cases.
• Added the ability to dock the Trade Inspector window to the Charts window.
• Added extra charting features such as bottom axis labelling mode, label orientation and auto markers.
• Added % Winning Trades and % Losing Trades charts to the Professional and Enterprise Editions.
• Added symbol information to the status bar on the chart window.
• Added a Tools menu to the Main menus.
• Added global preferences settings which are updated on program exit and reloaded on program startup. The global preferences dialogue box can be accessed from the Tools menu..
• Added date format selection to the global preferences. These include short and long, European and US date formats.
• Date formats are now shown with a dash separator rather than a forward slash separator to improve legibility particularly when viewing the Trade Log which uses a 7 point Arial font. For example 21/07/98 is now displayed as 21-07-98
• Improved update speed of the Trade Database, Trade Log and Monte Carlo log displays particularly when resorting the data.
• Fixed a problem where the "View User Manual" and "View Readme Document" menu items in the Help menu would not correctly work after a trade database file was loaded.
• Swapped the positions of the 'Initial Stop' and 'Entry Price' columns on the Trade Database display. The 'Entry Price' column is now directly displayed alongside the 'Exit Price' column.
• The Trade Inspector no longer displays data when the mouse cursor is moved outside the chart boundary. When the mouse cursor is moved outside the chart boundary the Trade Inspector data fields are automatically blanked.

• In the Registration Dialogue box the customer code is no longer emailed but a URL is given where the details can be entered and processed.

• Added extra error detection and correction of the trade database files in both the Metastock plugin and TradeSim executable. This enables spurious trade data to be filtered out and not included in the trade database for analysis.

• Release a new low cost version called the Standard Editon which contains a feature subset of the Professional Edition.
• Enhanced simulation speed for single simulations when trades were disabled. Previously, time would be wasted in updating the Status Log display for trades that were disabled in the Trade Database.

• Added Total Transaction Cost to the Trade Simulation Report.
• Added Display Row Filtering to the Trade Log preferences dialogue box which allows displaying one of three options namely:-

1. Trade Entry and Exit.
2. Trade Entry only.
3. Trade Exit only.

• Added the ability to model the effects of slippage through limit and market orders as well as a worst case slippage model which enters and exits the market at the worst possible price on the day.
• Changed the report formating so that left naming fields are left justified and right value fields are right justified separated by a light gray underlining and the whole report is now center justified.
• The setup file now automatically invokes the Metastock formula installation program.
• Improved the TradeSim.dll external Metastock plugin so that it is easier to generate a trade database.
• Added the ability to run the User Manual and Readme files from within TradeSim although the Adobe Acrobat Reader is still needed to view the manual and a Web browser is needed to view the Readme file.
• The TradeLog can now be saved to a hypertext file (HTM, HTML) with color information preserved.

• Fixed problem which caused a random exception error on program exit.
• Added hour glass mouse cursor when highlighting and checking or unchecking a large number of trades in the trade database.

• Initial Release
• Added the ability to export the contents of the Trade Database, Trade Log and the Monte Carlo Simulation Log tables into various file formats such as:-

1. Comma Separated Variable format *.csv
2. Word Document file format *.doc
3. Hypertext Markup Language format *.html and *.htm
4. Standard Ascii Text file format *.txt
5. Excel Spreadsheet file format *.xls

• To access this facility right click on the Trade Database, Trade Log or Monte Carlo Simulation Log Window and select the Export file option. A file save dialogue box will appear asking you to select the appropriate file and file format. You do not need to specify the file extension as one will be automatically appended according to the file format you have chosen.