Topaz
Topaz is a systematic stock trading system.
The name "topaz" is derived from
the Greek topazos, "to seek ,"
which was the name of an island in the Red Sea
that was difficult to find... in ancient times.
(from Wikipedia)
Topaz NQ100 M
Topaz NQ100 M is a long only system that trades the highly liquid components of the NASDAQ 100 index. It is designed for manual trading.
The Name
Topaz: a gemstone
NQ100: It trades Nasdaq-100 stocks.
M: it is designed for manual trading
What to expect
Topaz generates between 5 and 40 limit orders once a day. Positions are held at least one night and a maximum of 12 trading days. It does not require full-time monitoring -- trades may be entered before the market open for execution during the trading day.
Now Available: Hands-Free Auto Trading with IB
During the last weeks we worked on a "hands-free" auto-trading solution for Topaz. We finished all tests successfully and currently trade Topaz with this method in on of our own accounts.
Switch to Hands-Free Auto Trading Now!
You'll need an account with IB. You will give trading permissions to Global AutoTrading. They will trade Topaz signals in your account.
See Topaz and Global AutoTrading for Details
Trading Methods
There are several ways to trade Topaz with your own money. Please see our Comparison page for an overview of various trading methods.
Historical Backtests
Subscriptions to Topaz' signals
Topaz generates trading signals every day. You may subscribe to these signals. There are two vendors of Topaz' trading signals: Collective2 and vTriggers.
Details
Topaz trades the highly liquid components of the NASDAQ-100 Index. It is a long only system. All open orders are canceled after exchanges close. (Time in force: DAY)
For each open position a target limit order is issued. After a fixed number of days open positions are closed with a market order.
Background
Topaz is based on strict quantitative analysis of Nasdaq stocks. It uses inefficiencies in stock price movements on timeframes ranging from hours to days.
Technique
Topaz runs on a fully automated dedicated server. We use RightEdge to calculate and create daily trading signals which are sent to Collective2 through a proprietary broker adapter.
The complete trade signal generation process is fully automated and is supervised by two IT professionals.
Links
Topaz review from "Become a Day Trader":
Topaz is one of the very best trading systems available to those that want to follow a successful trader.
With an actual track record going back to April of 2007 and an annual return of over 55%, you can't find much better.
Topaz review from user travis on forum trade2win: Many things are telling me I can trust this guy ... I believe [the systems] are good
We also have a comprehensive FAQ for Topaz.
