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