V.16:14 (631-635): Product Review: Window on WallStreet Day Trader by John Sweeney

V.16:14 (631-635): Product Review: Window on WallStreet Day Trader  by John Sweeney
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Product Description

Window On WallStreet Day Trader (Window on WallStreet). Software for real-time data acquisition, screening, analysis and system testing. by John Sweeney

Software for daytraders has to work hard. It must accept a huge stream of incoming data; store it tick by tick; retrieve and graph it; monitor the data for specific events; apply indicators and, hopefully, trading systems; keep track of trades; and, if it’s really good, allow the expression of the trader’s ideas through some sort of formula language.

Software of this power is exciting to use. You can go from a tick chart to any other level of detail — weekly, 500 ticks, 10 minutes or the period of your choice — in a click. Drawing, zooming, indicators, just about any level of conventional analysis is available immediately. Plus there’s always the alternating joy and agony of creating your own indicators and trading systems.

Window on WallStreet — all versions — has the unique facility of blending company financial information with technical analysis in scanning for trading candidates and signals. At this price point, it’s unique in this capability and the result is highlighted in Window on WallStreet’s rational analysis technolgy expert (RATE): finding good candidates with fundamentals while discerning trading signals with price/volume analytics.

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