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Non-Tech : Anyone using Indigo Software
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To: Dr. Stoxx who wrote (16)2/26/1999 12:40:00 PM
From: Jim DiFalco  Read Replies (1) of 42
 
Thomas
The minimum computer system is:
IBM Compatible Pentium 60 or higher
Windows 95/98 or NT 4.0
16 Megs Ram
200 mb Hard disk space
2x cd rom
Parallel printer port
color monitor
Hayes compatible modem

Any internet service provider will work.

This is an end of day system.
You download quotes at the end of day and print out your signals for the next day. You could actually send the printout to your broker for execution depending on who you use.

There are several different types of models, relative strength, overextended, momentum etc. Most are long only except for the momentum models which are also more active trading and almost always in the market long or short. Some of the models have large drawdowns and still make huge profits. Your choice depending on your tolerance level.

Indigo doesn't require much time, don't even have to watch the market unless you are trading a momentum model in your portfolio. The momentum models require you to watch the last hour of the market and execute trades at the close of the market. Momentum models are correlated to certain market indexes and require you to place orders depending on where that index is going to close and your current signals from indigo.

The rest of the models are intermediate to long term holds so you will experience drawdowns if gaps occur. Often Indigo will hold you in postion and you will either return to a profitable position or exit later at a reduced loss, the program doesn't panic and get out at the low of the drawdown. You will experience losses as a normal part of your trading so expect it. The program simply makes more profits than losses.

To tell you the truth my wife really likes the program and grows more comfortable with it all the time.

Jim
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