V.6:7 (272-274): TechniFilter Plus Version 6 by John Sweeney and Steven Notis
Product Description
TechniFilter Plus
Version 6
by John Sweeney and Steven Notis
RTR Software Systems, Inc.
444 Executive Center Blvd., #225
El Paso, TX, 79902
(915) 544-4397
Service: Technical analysis package with advanced formula generator.
Price: $299
Equipment Required: IBM PC/XT, AT or 100% compatible; printer (type unspecified); CGA, EGA graphics adapter.
Ratings:
Level of Analysis: Advanced
Ease of Use: C to A, depending on how long you've used it.
Customer Service: A
Documentation: C
Reliability: A
The exciting thing about TechniFilter Plus (TF+) is its advanced formulary and so we'll focus this whole review on that feature. Although other formula-generating analytical systems are being marketed (RTR wrote some of them), this is the package that carries the idea to the current limit in PC-based programs. Traders tired of using canned indicators should read on. Introductory level analysts can skip the whole thing.
Using TF+, any trading idea developed from drawing on charts probably can be expressed by a function or by creating a formula. That includes trendline breaks; highs and lows (or the second—not third—high back); filtered waves (a la Merrill), point and figure reversals; retracements and swings. Many standard indicators (averages, stochastics, OBV, RSI, regressions, momentum) are already programmed in TF+. Just call them up and run them.
RTR Software Systems, Inc.
444 Executive Center Blvd., #225
El Paso, TX, 79902
(915) 544-4397
Service: Technical analysis package with advanced formula generator.
Price: $299
Equipment Required: IBM PC/XT, AT or 100% compatible; printer (type unspecified); CGA, EGA graphics adapter.
Ratings:
Level of Analysis: Advanced
Ease of Use: C to A, depending on how long you've used it.
Customer Service: A
Documentation: C
Reliability: A
The exciting thing about TechniFilter Plus (TF+) is its advanced formulary and so we'll focus this whole review on that feature. Although other formula-generating analytical systems are being marketed (RTR wrote some of them), this is the package that carries the idea to the current limit in PC-based programs. Traders tired of using canned indicators should read on. Introductory level analysts can skip the whole thing.
Using TF+, any trading idea developed from drawing on charts probably can be expressed by a function or by creating a formula. That includes trendline breaks; highs and lows (or the second—not third—high back); filtered waves (a la Merrill), point and figure reversals; retracements and swings. Many standard indicators (averages, stochastics, OBV, RSI, regressions, momentum) are already programmed in TF+. Just call them up and run them.
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