Quick Scan: Triggerpoint Trading by Technical Analysis, Inc.
TriggerPoint Trading is software that implements a trading strategy based on the Wyckoff method. You download it and you need to supply the datafeeds. Three datafeed interfaces are supported: eSignal, BarChart, and Realtimedata. The cost of the datafeeds and exchange fees is in addition to the license fee for Triggerpoint Trading software.
TriggerPoint Trading utilizes two screens: a price chart with volume (Figure 1) and a list of symbols (Figure 2). The software follows Wyckoff theory and annotates the price screen with different symbols to indicate whether there is potential spring or thrust, confirmed spring or thrust, or trend change. These are mostly based on previous areas of support and resistance. If you are not familiar with Wyckoff, you can visit the Faq area on the website to get explanations. TriggerPoint Trading anticipates that new users will spend 15 to 30 minutes talking to customer service to understand how to use the information shown on the price chart.