Advanced systems & indicators package released New program detects patterns in stock or futures data Financial data offered to Singapore Java charts on the Web get better PC Quote launches futures resource center FutureSource redesigns Website Wireless trading developed for brokerage customers NEWS RELEASES
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UPDATE -- Dennis Meyers, Ph.D., former floor trader and current member of the Chicago Board Options Exchange, offers his latest package of systems and indicators for TradeStation and SuperCharts users. The package contains advanced mathematical techniques and filters based on the algorithms currently used in today's space-age missile and satellite applications.
Each system is walk-forward tested on 10 years of daily data on a continuous futures contract. All the system and indicator codes on disk are directly importable into SuperCharts and TradeStation and are fully disclosed. There are no locks on the source code. The input parameters to the various systems and indicators are changeable and optimizable so that the user can experiment with his or her own parameter set. Although the system results will give parameters for the daily futures the system was tested on, the user can easily use these systems on any tradable or on any time frame.
The first advanced systems & indicators category is the fixed memory polynomial, which was illustrated in Meyers's November 1998 S&C article, "The British Pound Cubed." Fast, efficient algorithms compute the polynomial filter coefficients at each new price bar. The second, advanced category is the recursive or fading memory polynomial filters, which was described in Meyers's December 1998 S&C article, "The Yen, Recursed." The third advanced category is the Kalman filters. These advanced mathematical filters are used by the aerospace industry to filter out noise from radar signals that track missiles, satellites and military targets.
Meyers Analytics LLC,
1150 N. Lake Shore Dr.
Chicago, IL 60611
phone 312 280-1687
support@meyersanalytics.com
https://www.meyersanalytics.com
NEW -- Market PatternSmasher is a new program from Kasanjian Research that employs a new technology for pattern recognition. PatternSmasher features an easy drag-and-drop hierarchical interface. With PatternSmasher, you can search for patterns in individual markets or through large groups; access individual patterns in a library of proprietary patterns designed by Kasanjian Research; and design new custom patterns and add those to the library for future searches.
The patterns included in the Custom Pattern Builder's library include proprietary versions of head and shoulders, double tops/double bottoms, cup and handle distribution, cup and handle accumulation, clear wave, Elliott 5 waves up, and Elliott 5 waves down, among others.
PatternSmasher can search through thousands of stocks or commodity futures nightly. The program is backed by a 90-day money-back guarantee.
phone 888 220-9789, 909 337-0816
fax 909 337-8388
E-mail info@kasanjianresearch.com
https://www.kasanjianresearch.com
UPDATE-- Bridge Information Systems, a provider of financial information, has announced an agreement with Lim & Tan Securities of Singapore to provide market data for EQ Way, which is Lim and Tan's Internet stockbrokerage service. The deal enables Lim and Tan to employ BridgeChannel, Bridge's Internet workstation, within EQ Way to combine workstation capabilities, rapid data access and financial news in Singapore.
BridgeChannel is a browser-based financial workstation product based on JavaScript. BridgeChannel delivers real-time and continuously updated financial data, analytics and news over the Internet or a corporate intranet.
UPDATE -- Prophet Information Services, an Internet-based provider of financial information, has enhanced its free ProphetCharts service on the Web to make its Java-based charts more powerful and useful.
The latest enhancements allow printing from a Java application that has been modified by the user's indicators and trendlines. The user can get quotes, research, and other information in a separate window.
Futures charts can be graphed in continuous contracts showing the price of the nearest contract, as well as volume and open interest.
In addition, Prophet Information has enhanced its ProphetDirect end-of-day data service to support Canadian stock data, futures options data, stock options data, and index options data. ProphetDirect continues to offer US stock data back to 1968; mutual fund data back to 1988; index data back to 1910; and futures data back to 1959.
The ProphetDirect service allows users of popular charting programs such as SuperCharts, MetaStock, TradeStation, OptionStation, Window on WallStreet or Wall Street Analyst to use their software's built-in downloader to retrieve historical information from ProphetDirect.
NEW -- PC Quote, a provider of online and real-time market data to financial professionals, consumers and redistributors, has launched the Futures Resource Center, an offshoot of its Website, targeted at active futures traders. The center is sponsored by Lind-Waldock discount futures brokerage firm.
The Futures Resource Center offers futures data powered by PC Quote's Hyperfeed datafeed delivered at 1024 KB, as well as timely market analysis and in-depth weather reports from The Hightower Report and Strategic Weather Services.
Strategic Weather Services, a provider of global weather news catering to the agricultural and energy commodity industries, will provide pay-per-use access to its forecasts and reports.
Market commentary will be provided by The Hightower Report, a provider of commodity research used primarily by institutional investors, professional traders, major brokerage houses and corporations.
PC Quote's clientele has included institutional clients but has expanded its service offerings to individual investors, application developers, and businesses by offering its products over the Internet. PC Quote offers free delayed quotes to Website visitors as well as fee-based real-time subscription market data services.
fax 800-PRO-INFO and enter the ticker symbol "pqt," https://www.pcquote.com
UPDATE -- FutureSource, a supplier of market data and software for the futures industry, is redesigning its Website, https://www.futuresource.com. FutureSource.com has been offering free delayed futures quotes, futures market news, end-of-day data, charts, and discussion groups for over a year.
Changes include a new homepage that resembles a newspaper and offers a snapshot of the current futures market; new services; and easier navigation. Visitors can still see delayed futures quotes, breaking financial news from Futures World News (FWN), current articles from Futures Magazine, and major financial news services.
Visitors can sign up for a free membership, giving them access to additional services such as charts, advisory services, and discussion groups. New first-time members receive a free 30-day trial to a basic subscription, which includes real-time FWN financial news, delayed quotes, intraday options, time and sales reports, weather maps, expanded charts and studies, and more.
phone 630-792-2001
www.futuresource.com
Reality Online and Aether Technologies have announced a partnership that enables Reality to offer a wireless trading solution to its brokerage firm clients and their customers via a variety of mobile platforms. Reality Online is a Reuters company.
Through this development partnership, Aether Technologies, a provider of wireless computing services, will extend Reality's online desktop trading solutions for the brokerage industry to a wireless environment. The service will be integrated with Reality's existing trading applications and will allow Reality to provide its clients with a cost-effective wireless trading system.
The service can either synchronize activity with the broker's desktop trading solution or the end-customer's Internet trading account and will allow users to wirelessly enter and execute orders, check the status of orders, obtain real-time quotes and news, and check account balances.
R.F. Lafferty & Co., a discount options brokerage, offers a technically oriented Daily Fax to clients each trading day. The Daily Fax highlights stocks whose options exhibit unusual activity. It also includes charts, suggestions, and market commentary.
R.F. Lafferty & Co.
phone 800 221-8514
https://www.optiontraders.com
The London International Financial Futures and Options Exchange (LIFFE) is restructuring to make access to the Exchange cheaper and easier for users, as well as to achieve efficiencies through internal restructuring and cost-cutting. The LIFFE Board will emphasize finances, regulation, and new partnerships. LIFFE is creating the appropriate regulatory structure to accommodate the shift to an automated market and to facilitate the transaction of international wholesale business in London.
LIFFE
https://www.liffe.com/
A three-day course at the Chicago Board of Trade on March 3-5 will introduce the basics of futures and options, presents the structure and principles of international cash grain markets, and applies futures and options tools to cash grain risk management. The fee is $750 per person.
Chicago, IL 60604
312-435-7207
mung50@cbot.com
Joseph Forecasts offers a 54-page book titled The Twin Peaks Of 1999, which forecasts market cycles and includes charts. There's a money-back guarantee if a particular forecasted peak doesn't occur. For a monthly fee, Joseph's Scientific Forecasts' trading systems feature color-coded price lines, market energy forecast lines, support and resistance lines, and likely reaction points.
A new course offered by the P&L School teaches how to trade using Canadian trader Charles Drummond's geometry methodology. The course is distributed on CD-ROMs in 30 computerized lessons. Each lesson consists of four sections: technical analysis; the philosophy of market movement; trading psychology; and practice exercises. Also included in the course are 2,500 pages of writings by Drummond plus access to his Website.
Cowritten by Charles Drummond and professional writer and trader Ted Hearne over a two-year period, the lessons present the latest Drummond geometry techniques and methods in a step-by-step manner. Software is also available for Omega Research's TradeStation and SuperCharts that lets the user chart support and resistance areas in multiple timeframes, from yearly down to intraday, on the same chart. A free demo CD is available.
Century City Securities presents a series of free seminars on a variety of momentum and positional trading topics. Indicators and charting basics will be covered as well as buy and sell strategies. More advanced topics such as options, target pricing methods, intraday charts, and market/sector analysis will also be presented.
Seminar dates vary each month. Call for information and reservations.
To help you sort through the thousands of investing and trading resources available today on the Internet, InvestorMap.com is a directory covering trading and investing resources on the Internet. The 3,000+ listings are organized into more than 100 categories and include descriptions.
In addition to the Web-based directory, visitors can sign up for a free newsletter delivered by mail that provides ongoing coverage of the online trading and investing world. The newsletter features new sites, site reviews, coverage of online investing news, and tips on how to effectively use the Internet for investing and trading.
InvestorMap.com also features a Daily Markets page that contains more than 100 links to free sources of quotes, charts, news and commentary, earnings news, and more.
https://www.InvestorMap.com
Chuck LeBeau, co-author of Computer Analysis Of The Futures Market, offers a Website for traders. Access is free.
Club members registered at the site receive bulletins distributed by E-mail several times per month. Past issues of bulletins are posted on the Website and include articles about trading system design as well as guidance and advice on various technical indicators.
The most frequently visited area of the site is the forum, which encourages interaction among club members who post questions, comments, articles, systems code, and trading experiences.
INO Global Markets has launched a free discussion forum for traders at www.MarketForum.com. The site allows traders to access quotes and charts as they scan messages and compose replies. Users can stay a click away from quotes and charts on futures, options, foreign exchanges and stocks.
The message board display can be organized in a variety of different ways, and the toolbar for QuoteWatch, which is the quote service operated by INO Global Markets, can travel with the MarketForum visitor as he or she browses messages, news, shopping, and classified ads.
https://www.MarketForum.com
https://www.ino.com
TurtleTrader.com, which has been online since 1996, has extended and revised its trading service. It now includes TurtleTrader's Fund Management Guide at no additional cost, along with continuing to offer news and commentary.
TurtleTrader.com teaches the Turtle trend-following techniques, which can be used by traders in both long and short positions.
MarkeTraders, which offers a Website for short-term investors on the Internet, now integrates Nasdaq Level II training as part of its Daytraders Training package ($99). Many other subscriber services are also available to active stock daytraders and short-term investors.
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