FAQ - Frequently Asked Questions - Stock analysis und charts using Elliott waves, Andrews pitchfork, Median Lines, A/R Lines trend, with Precision Trader 3.0 RT, the ultimate tool available for trading, testing and developing trading strategies.
Precision Trader 3.0 RT
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Frequently Asked Questions 
Precision Trader 3.0 RT (Real Time)
Stocks and commodity futures charts - technical analysis and trading software 

Table of contents
  1. What is the difference between your course and the original Andrews course?
  2. How do I start the training mode?
  3. What is the difference between the Andrews and the Andrews Advanced Course?
  4. What do others say about your techniques and products?
  5. How can I move the cursor around with the keyboard ?
  6. Can I load intraday data into Precision Trader?
  7. Can I view the data first and run analysis later?
  8. Using Quote.com data feed (QFeed) from behind a firewall
  9. How can I increase space at the top or bottom of a chart?
  10. ***How do I learn how to use the techniques that the software is made for?
  11. What is and how can I join the FREE  yahoo precision trader email discussion group?
  12. What is and how can I join the Advanced Andrews Discussion group?
Note: In these answers we will follow a few shorthand conventions for describing user-interface procedures. Key combinations will be presented like this: Ctrl+Alt+Delete, which means that you should press and hold down the Control key, the Alt key, and the Delete key at the same time. Menu selections will be presented like this: File->Open, which means that you should open the File menu, and then make the Open selection.
 
  • 1. What is the difference between your course and the original Andrews course?

  •  
Dr. Andrews taught 2 courses. The first course was a $5,000 A/R Course in the 1960's for stocks and the later one was a modified version for $1,500 for futures. The rules were different. We have the material from both courses. In his own hand writing Dr. Alan Andrews described our manual as "An inspiring digest of the course methods." 

Tom French studied with Dr. Andrews at this home for over a year. Tom lived a few blocks away. He described our Advanced course (after attending our seminar) as one that teaches the Andrews material, but adds various important components that make it more systematic and easier to use.  We show ways to apply it to intra day as well as end of day.   There are others teaching how to use "forks" with Fibonacci. This combination would make it very NON Andrews only because Dr. Andrews knew the Fibonacci methods but intentionally left them out of his course. At our group seminars and private seminars we show video of Dr. Andrews teaching in a live session, answering students questions. 

Andrews started by writing letters to a friend. He and his friend were managing money. In the letters he would write notes and include charts as to why he bought and sold each time. As he started an official "course" he would answer students questions by sending out a few charts with notes on them explaining a concept. It was these pages that turned into the original course. His friend was nice enough to send Ron Jaenisch his archive of the letters.

In his letters to the friend he revealed much more than in the course material. There he discussed when he did not follow his own rules and why.

When Dr Andrews was giving his last seminar  Ron Jaenisch, videotaped the seminar. Ron  showed him a manual that he had made up for the seminars that had the rules organized with lots of clear charts and sections that show how the course methods are applied . This is now the Andrews Courses we offer. Dr. Andrews liked it so much that he wrote on the front cover "An inspirational digest of the course methods" 

Dr. Andrews suggested that Ron give live seminars on the west coast, since travel was difficult for Dr. Andrews. Eventually Ron developed an advanced course based upon computer research with the methods. 

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2. How do I start the training mode?
The Training mode is extremely useful. We are certain you are going to appreciate this module once you have tried to use it. You can simulate your decisions step by step, day by day.
     
  • Load some data into Precision Trader
  • Press Ctrl+1 or Ctrl+A to start the Training mode.

  • Note: If you have run the analysis before, then press Shift+F5 (answer Yes) and then press Ctrl+1 or Ctrl+A
Use the keys listed in the table below to control the training mode.
 
Press
Action
Ctrl + A start/stop/continue market training 
Ctrl + 1 adds one bar of data
Ctrl + 5 adds five bars of data
Ctrl + 10 adds 10 bars of data
Ctrl+Alt+5 adds 50 bars of data

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Everything. The Advanced Course material consists of a lot of  case studies with detailed charts and explanations about what our research found and Dr. Andrews revealed privately. As an advanced student you will probably be invited to join our private Advanced Andrews Email Group. It looks at various markets on an almost daily basis so that if there is something in particular that interests you, you can see how experienced Advanced students use the lines with it.
 

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4. What do others say about your techniques and products?
Georg from Hassenbichler, one of the best fund managers in Europe ....."The software is very good and easy to use"

 Bill from the USA," My hard disk crashed, can't trade without PT, please send a copy quick",

 H.S................. "Installation was flawless" ,

George in  Atherton Ca. , ......"This is uncanny the big money must be using similar methods to yours".

 Peter from a large German Bank ......Using the Advanced Andrews Techniques, I made over 40% in the relatively illiquid Vienna stock market, during a year when my competition was loosing,.

Franz,....."I send all of my good friends that are traders to you for your course and software for a reason." 

Tom, a professional trader in Florida....."Ron, I have been using these techniques for over 26 years, while my friends are constantly changing their oscillators. What can I tell you, they work. I like to scalp the S&P, do intermediate term futures trades and position trade stocks."

John in New York, "I would like to give my son something special. May I send my son to you for some private instruction as a graduation present from college?" 
  
 

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5. How can I move the cursor around with the keyboard ?
Uses the keys in the table below. This way you can also determine how many bars ahead in the future lines intersect.
Press
to move the cursor to
Shift+Right arrow next bar
Shift+Left arrow previous bar
Shift+Home first bar visible on chart
Shift+End last bar visible on chart
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6. Can I load intraday data into Precision Trader?
The current version of Precision Trader supports the Quote.com real time and delayed data feed for intraday data. It is not possible to load intraday data in other formats (e.g. ASCII) into the current version.

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7. Can I view the data first and run analysis later?
You can change the option "Run analysis on open" going to menu Edit->General Settings->Chart Settings (page) and clicking the respective check box. The "Default data history" settings allow you to specify the amount of data loaded into Precision Trader when you open a data file.

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8. Using Quote.com data feed (QFeed) from behind a firewall
To access the Quote.com data feed you need to register with Quote.com and subscribe to a QFeed enabled service (paid service). Please check the Quote.com site for further details. If you want to use the Quote.com data feed and you are behind a firewall click here for more information.

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9. How can I increase space at the top or bottom of a chart?
You have the possibility to change the price range displayed on the chart to a certain degree. This feature is accessible only through the keyboard. You can increase or decrease the space between the price and the top of the window as well as the bottom of the window quite easily:
 
Ctrl + Up arrow increase price to bottom of the window space
Ctrl + Down arrow decrease price to bottom of the window space
Alt + Down arrow increase price to top of the window space
Alt + Up arrow decrease price to top of the window space

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Click on the Course link and then on the Andrews home study course link.
To purchase the course go to the price link and you can pay via pay pal.
You may also send us a check.
 
 

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This is the free group. It is moderated to filter out weird spam and viruses. Go to yahoogroups and sign up or send a blank email to:
PrecisionTrader-subscribe@yahoogroups.com
 

From time to time you see how the program works in various time frames. You see real time charts that an experienced user is looking at. These may reflect what he was buying or selling a moment ago. The time frames he uses will vary to show the program and some of it's unique features. Typically the may also be some of the emails being sent to the Advanced Andrews Discussion group.. 
  

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This group consists of traders like yourself that have taken our Advanced Andrews Course. It is available, after you have a registered copy of our manual in hand. Ithas traders who use various time frames for trading. You get to see charts and with indicators used shortly after the stock is bought or sold. The intent is to support your learning the course methods. Real time charts are used for teaching to keep it interesting. After being invited to join the egroup, members from time to time also receive new unpublished articles on the use of the techniques. Questions and answers are seen by all.