The Definition Engine for Trading (DEfT) Wizard makes it super easy to create an automated investment system in RuleTrader, while also ensuring your system is able to harness the full power of your computer.

The process is simply a question of picking options and filling in the blanks. It’s very intuitive and made even easier with context-sensitive help that leads you every step of the way. If you can speak English, you can use the DEfT Wizard to create a trading definition, because there are no programming languages or tedious technicalities to learn. And with over 450 constructs optimised for investment, you won’t be limited in terms of what you can build.

On the top layer, the DEfT Wizard leads you intuitively through the construction of an English language statement that defines a Named Term, Trading Rule, Trading Strategy selector, or List Selector.  A collection of these definitions forms a Trading Specification Definition (Spec) that defines your automated investment system.

When you’ve finished defining your Spec, DEfT’s bottom layer compiles your specification into computer code, so you get all the power and flexibility of code running at full speed on your PC.

Your system may be as simple as a single trading idea for testing against an index. Or it can contain multiple strategies, each activated according to market conditions. These strategies select their own trading lists and decide when shares in those lists should be traded.

For help on using the Wizard, please refer to these Help topics:

• Definition Constructs: Explains each of the options available to you, when you are creating definitions for your Trading Spec
• Creating A Definition: Tells you how to create a main or Private Term definition using the DEfT Wizard
• Moving Through The Wizard: Tells you how your definition is built, Wizard dialog by dialog
• Editing A Definition: Provides instructions on editing an existing definition
• Placeholder Names: This very useful feature means you can reference a definition before you define it!
• Expressions And Sub-Expressions: Discusses what you need to know when defining the expressions that are the heart of your trading definitions.
• Compilation Errors: Describes the errors that may occur and how to fix them, when DEfT is turning your Spec into computer code