V.15:14 (614-615): Futura Pro by Staff Writer

V.15:14 (614-615): Futura Pro  by Staff Writer
Item# \V15\C14\PR614.PDF
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Product Description

Futura Pro (Level-13, Inc.) by Staff Writer

Futura Pro from Level-13 is a rare bird indeed: It’s a new package that makes explicit forecasts of price ac-tion. Most trading software computes the current value of myriad indicators, but making an actual forecast? You don’t find that too often. To add to the exotic nature of this black-box product, it uses mysterious algorithms said to be founded in “three forecasting methods” from Level-13’s larger data analysis and visualization package named Majqanda (pronounced mu-jan-dah). (See sidebar, “Majqanda.”)

If you typically pass up black-box forecasts, then this product may not be your cup of tea. But Futura’s attraction is that it’s duck simple to operate. You open the program, import some ASCII or MetaStock data, press one button to have Futura figure the optimal analytical window in the data, and press another to forecast. Shazam! You’ll be looking at something similar to Figure 1.

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