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Frequently Asked Questions
What trading platforms is Kase StatWare available on?
The StatWare trading software is currently available on all versions of TradeStation ®, DTN Prophet X™, CQG, eSignal ©, Aspen Graphics ®, MetaStock ®.
How much does StatWare cost?
StatWare is $195 per month for for private traders. A full pricing breakdown is available on the Fee Schedule and Price List.

Corporate traders can get a pricing breakdown on the Kase corporate website at www.kaseco.com.
Can StatWare be purchased?
No. StatWare is for lease only on all platforms.
How will I be billed for StatWare?
StatWare leases on TradeStation are managed and billed by Kase and Company, Inc. directly. Kase only accepts credit card payments at this time.

Other trading platforms manage the trials and billing directly. For billing information and payment methods on these platforms please contact the company directly.

All lessons are billed and managed directly by Kase and Company, Inc. via credit card.
How can I get a trial or lease of the Kase StatWare trading software?
A breakdown of trial and lease request methods is listed below.

 Tradestation                           eSignal                               MetaStock

How long does a StatWare trial last?
For TradeStation users that purchase trials through Kase directly the trial is fully functional for 45 days. Other trials that are handled directly by other trading platforms are fully functional for 30 days.
How much do lessons cost?
Lessons for TradeStation users that are purchased at the same time as the trial are an additional $85 on top of the $50 trial cost. Lessons that are not purchased with the original trial are $100. The $100 fee also applies to lessons for users on other trading platforms.
What is covered in the StatWare trading lessons?
There are two thirty-minute lessons. The first lesson covers the basics. This includes a detailed walk through of each indicator and its functionality. The second lesson covers advanced trading techniques such as setting up time frames, choppy market rules, trending market rules and advanced entry/exit guidelines. Examples of trades are shown and a walk-through of trading is demonstrated.
Are lessons required to use the StatWare trading software?
No, but we do recommend taking the lessons. The information contained in the lessons and valuable knowledge of the lessons far outweighs the low price of the lessons. Why not learn how to use StatWare directly from the developers.
Can I purchase or lease only certain indicators for a discounted price?
No. The StatWare package is leased as a whole. While individual indicators may be used, the software may only be leased as the complete package.
What instruments can StatWare be traded on?
StatWare works well on all liquid and active stocks, commodities, futures, and indices. There is a common misconception that because StatWare was developed by Cynthia A. Kase who specializes in the energy markets that the software only works on energy related commodities. This is wrong. StatWare is a statistically based set of indicators and algorithms. It works well in any market on all liquid instruments.
How is StatWare superior to traditional momentum indicators such as the Stochastic, RSI and MACD?
Kase and Company, Inc. performed a study in 2003 that showed all of the traditional indictors were generally just as accurate in predicting market turns when a divergence or overbought or oversold signals was generated. The difference was the fact that the Kase Indicators, while just as effective, predicted more than double the number of market turns.

Full details of this study can be found in the "Two Faces of Momentum" article that was published in the October 2003 issue of SFO Magazine. Click Here to download the article in PDF format.
Is there a published set of back-test results for the StatWare trading software?
StatWare is not a "Black Box" trading system; therefore it does not lend itself well to a back-test, nor is there a set of back-test results. StatWare involves trader discretion in decision-making. While there are a core set of guidelines they are just that guidelines, and it is up to the trader to execute. 

Kase does however have a study that compared the Kase StatWare indicators to traditional indicators such as the Stochastic, RSI and MACD. Full details of this study can be found in the "Two Faces of Momentum" article that was published in the October 2003 issue of SFO Magazine. Click Here to download the article in PDF format.
Can StatWare be used in a strategy or back-test?
StatWare is not a "Black Box" trading system; therefore it does not lend itself well to a back-test, nor is there a set of back-test rules. StatWare involves trader discretion in decision making. While there are a core set of guidelines they are just that guidelines, and it is up to the trader to execute. The functionality of the indicators is open to traders to program their own back-testing and/or strategies. For details on the functionality that is open to traders please refer to your StatWare manual.
Can StatWare be used to scan instruments, such as equities, for specific signals?
The core indicator package does not have this functionality "out-of-the-box" so to speak, but a trader can use the functionality of sub-functions to write their own scanning systems. For details on the functionality that is open to traders please refer to your StatWare manual.
What StatWare sub-functions are available for use in custom strategies?
There are many sub-functions that are open to traders so that they may program there own indicators, back-testing system, strategies or incorporate the functionality into their own indicators. For details on the functionality that is open to traders please refer to your StatWare manual. Note that in future versions of the software more functionality will become available.
Where can I get more information about the StatWare software?
This website is a great resource for traders that want more information about the StatWare trading software. Kase training videos and books are also available for purchase. Traders may also download trading related articles for free. Kase can also be contacted directly at (505) 237-1600 or by email by filling out an information request form.
How can I get answers to questions not covered on the FAQ?
Please phone the Kase Call Center at (505) 237-1600 or by email by filling out an information request form.