Invest Available Cash In a Security

If you have a trading system that is not fully invested 100% of the time and you want to invest that cash into a security like a bond fund or a money market fund then you can use this money management script to do that for you.

Steps:
- Download this money management script
- Update your trading system
- Add this script to your trading system
- Update the "Cash To Equity" field and set it to the security you want to invest in when your strategy has some available cash

By default the cash to equity symbol is set to "TLT" (iShares Barclays 20+ Yr Treas.Bond (ETF)).

Example:
The following trading system consists of a simple trading rule that enters long any NASDAQ100 stock if its RSI crosses above 85 threshold.
Buy = rsi(14) > 85;
When the money management script is applied to the above strategy, we notice an small improvement in the system return and a decrease of the maximum drawdown and the volatility of the trading system. This of course translates into an increase in the Sharpe ratio.

Technical Analysis

• Covered Put Screener
• Coppock Indicator
• Trade-Ideas Intraday Screener
• Traders Active Zone (Bullish)
• Ratio of Stocks above and below Bollinger Bands
• Advance-Decline-Unchanged issues for NYSE, AMEX and NASDAQ
• Maximum Drawdown Indicator
• Connors Alvarez MDD MDU Strategy
• Flat Market Indicator
• Keltner/Bollinger Bands Squeeze
• More trading objects...

Fundamental Analysis

• Forex Trading Indicator - Percent Positive Economic Calendar Releases
• Financial fundamental data for US companies
• Real Disposable Personal Income
• Earnings Surprise Strategy
• Fails to deliver
• History of dividend payment for stocks in the US stock market
• News parser function
• Yale - Crash Confidence Index
• Update the Stock Exchange Associated With U.S. Stocks - Market Field
• Short Selling historical data
• More trading objects...