MESA2002:
MESA2002 is THE premier cycle-based trading program. MESA2002 is available for a variety of trading platforms, includingTradeStation (4.0, 2000i, and 6.0), SuperCharts, NeuroShellTrader, and Standalone. It accurately measures short term cycles. The trading platforms offer powerful extensions to trading systems by making variables adaptive to the measured cycles. One such adaptive application is to determine whether the mode of the market is cyclical or trending.
MESA2002 program Charting Screen
The basic operation of MESA2002 is measurement of the spectral content of the price data using the Maximum Entropy Spectral Analysis method. When the data is stationary the cycles are stable and consistent. The spectral display segment is a colorized contour plot showing the quality of the cycle measurement (the bottom display segment). When the measured cycles are erratic or when the spectral energy is "splattered" across the range of cycle periods the market is in a Trend Mode.
The market mode is sensed by examining the phase of the dominant cycle. A fundamental definition of a cycle is a constant rate change of phase. For example, a 10 day cycle changes phase at the rate of 36 degrees per day to complete the 360 degrees in each cycle. The Trend Mode is identified by the failure to change at a constant rate. The phase presentation in the 3rd display segment shows the phase changing at a constant rate, forming a sawtooth waveform in the Cycle Mode, and changing erratically in the two Trend Mode areas.
The Sinewave Indicator in the 2nd display segment gives the position reversal signals by the crossing of the two lines. Note these two lines cross only when the prices are in the Cycle Mode and, unlike most oscillator signals, do not give false whipsaw signals when the price is in the Trend Mode. The Sinewave Indicator is anticipating the cyclic turning points, is generated by adding 45 degrees to the measured phase angle and plotting the Sine of it.
The strength and direction of the Trend are shown by the two adaptive moving averages overlaid on the price bars. The slower of these averages is an Instantaneous Trendline, obtained by completely removing the dominant cycle component. The faster of these averages is a minimum lag filter.
MESA2002 (standalone and TradeStation versions) makes a prediction of prices 10 bars into the future. This prediction is made on the assumption that the measured dominant cycle will continue into the future with the same amplitude and phase. Therefore, the prediction has greater validity when the prices are in the Cycle Mode.
MESA2002 (standalone) reads five different data types directly, including Metastock, CSI, ASCII, and TC2000. You can generate your own custom portfolio and have MESA2002 automatically scan that porfolio for buying and selling opportunities.
The MESA2002 DEMO is a 534 KB self extracting file. When you run MESADEMO, it is extracted to the C:\MESADEMO directory as the default. To run the demo, you click START . . . RUN and then type C:\MESADEMO\DEMO32. Then click on the MESA2002.DBD file.
...... MESA2002 (standalone) / ...... $350...... MESA2002 for NeuroShell Trader. / ...... $350
...... MESA2002 for TradeStation2000i / 6 / 7 / 8 / ...... $495