V. 21:1 (97-99): Product Review: MarketGauge by David Penn
Product Description
Product Review: MarketGauge by David Penn
If there is one distinct trend in trading/market analysis software, that trend may be toward the increasing use of color- and shape-coded symbols to denote quantitative information such as price or volume. In some ways, this trend is as old as bar charts (or candlesticks, if you include the trading history of Japan, which goes back to the 18th century). In other ways, however, there is something very new, very “information-age” about the drive of software developers to compress more and more information and market data into fewer signals that are also easier to recognize and act upon.
If there is one distinct trend in trading/market analysis software, that trend may be toward the increasing use of color- and shape-coded symbols to denote quantitative information such as price or volume. In some ways, this trend is as old as bar charts (or candlesticks, if you include the trading history of Japan, which goes back to the 18th century). In other ways, however, there is something very new, very “information-age” about the drive of software developers to compress more and more information and market data into fewer signals that are also easier to recognize and act upon.
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