Online order-entry system for futures traders New version of online real-time service New release of NeuroShell Trader adds different views and indicators Backtest Wizard 3.1 adds new technical indicators Gann swing charts, at the click of a mouse KCI Seminars offers videos, seminars, trading system
 FYI -- The PMBE order-entry system, developed by Chicago-based Professional Market Brokerage (PMB) Inc., is an Internet-based system that executes futures and options orders for every market that PMB maintains a clearing presence in. This system is a combination of exchange on-the-floor routing, order-desk routing, handheld units, and direct links into electronic-based exchanges.
PMB interfaces with a variety of vendors to expand the use of handheld units in all other US markets. The system also supports futures and options orders for all US and European markets. For qualified PMB customers, an online forex trading operation is available that will make competitive markets 24 hours a day. Free research and market recom-mendations are available for PMBE customers throughout the day. Professional Market Brokerage Inc. |
| NEW -- Data Broadcasting Corp. announced that it has partnered with Farr Financial to provide a private-labeled version of DBC's eSignal real-time market data service to Farr clients. Ease of use, fast trade execution and a browser-based online trading platform are some of the features of this platform.
With this service, Farr can now provide an integrated trading solution for futures and options trading. eSignal delivers streaming financial data over the Internet with technical and analytical tools. It also provides full-text news from many sources. A browser is included within eSignal so traders never have to leave the eSignal screen to get other information. Data Broadcasting Corp. |
| UPGRADE -- Ward Systems Group announces Release 2 of the NeuroShell Trader program (starting at $795). The software allows you to build trading systems that combine traditional analysis techniques with neural nets for predictions.
The new release adds historical and portfolio views of the data in addition to the charts. NeuroShell Trader contains more than 700 technical indicators, including ones new to Release 2: 16 adaptive moving average variations, four new time series indicators, a random statistical indicator, five new volume indicators, nine new moving average indicators, and two new crossover indicators. A new "carry-forward retaining" feature allows you to update a neural net model with new data without disturbing previous trading signals from the neural net. Ward Systems Group, Inc. |
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UPDATE -- A backtesting and paper trading program for Microsoft Excel has beefed up its battery of technical indicators. Backtest Wizard 3.1 has added rate of change, relative strength index, and directional movement index to its original group, which included the force index, moving averages, and stochastics.
Rate of change measures the speed of price change. Relative strength index is a price-following oscillator that ranges between zero (oversold) and 100 (overbought). Directional movement index, also known as the ADX (average directional index) is a trend-following system. It measures the strength of up and down moves in the underlying. An integrated worksheet in Option Wizard Online, Backtest Wizard 3.1, takes the last 200 days of high-low-close and volume, analyzes for volume, trend and momentum, and returns buy and sell signals. All indicators and signals may be smoothed or customized. Backtest Wizard 3.1 costs $199.95; $49.95 when purchased with any Option Wizard product (offline, delay or real time). Powered by PC Quote, Option Wizard Online is $299.95 (delayed data) and $499.95 (real-time). Delayed data is free; real-time costs $9.95 per month plus exchange fees. A trial version of Option Wizard Online is available for $59.95. Option Wizard |
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NEW -- HotTrader is a new Gann swing charting program that alleviates the tedium of drawing swing charts by hand (AU$795).
HotTrader draws all the various types of swing charts following the W.D. Gann method, including Gann’s everyswing, two-bar swing, three-bar swing, or any number of bar swings, any number of point swings, and more. HotTrader lets you scan the entire database searching for certain swing criteria, leaving you with a list of stocks, commodities, currencies, and other tradables that can be considered for trading opportunities. HotTrader includes a Gann swing trading course on CD, which explains swing trading in detail using Gann’s techniques. The Gann Swing Trading course is available separately for AU$195. If at a later date you purchase HotTrader, you can apply the cost of the course toward your software purchase. HotTrader also conducts live trading courses. The trading school focuses on using Gann swings for intraday trading and provides access to real-time trading. HotTrader |
| NEW -- KCI Seminars is a commodity research firm headed by Kent Calhoun, a former college astrophysics instructor. Kci products and services include a video that teaches a scientific method, The Five Most Instructive Lessons Of Trading. Two KCI training manuals include the Advanced Stock And Commodity Traders Manual, which teaches the five Vertical Bar Trading Pattern, a pattern recognition trading methodology with statistical documentation of price action and volatility studies.
KCI's 5 Vbtp Interactive Real-Time Software has an advanced and professional version, which include the probability of potential profits available for each of the next 20 time intervals after an entry has been activated. KCI Seminars also teach the Scientific Trading Method at semiannual seminars. KCI |
21ST TAG CONFERENCE FOR MARKET TECHNICIANS
The Technical Analysis Group (TAG) will hold its 21st annual conference, TAG21, in Las Vegas, November 20-22, 1999, at the MGM Grand Hotel. This year's focus is on daytrading and the Internet. The conference is being organized for the first time by financial Website INO.com, in association with TAG founder Tim Slater.
The three-day conference will feature speeches and workshops on all aspects of technical trading, including the new opportunities for technically oriented traders presented by online trading, the daytrading phenomenon, electronic exchanges, and the overall impact of the Internet.
A pre-conference on November 19 will offer sessions on specialized areas, including daytrading, options trading, and money management. An awards dinner will take place on Sunday, November 21.
TAG21 will feature presentations by more than 40 prominent and technically oriented traders in currencies, futures, indices, options, and stocks, including Lewis Borsellino, Stan Ehrlich, Robert Krausz with Thom Hartle (formerly editor of STOCKS & COMMODITIES), Charles LeBeau, Lawrence McMillan, Linda Raschke, Tom DeMark, Peter Steidlmayer, and Larry Williams. Each two-hour workshop will be presented twice.
The TAG21 conference registration fee is $795. The pre-conference fee is an additional $295. The conference single day rate is $295. For registration and information, call 888 TAG-0858 or 504 899-1333, fax 504 899-0546, E-mail tag@ino.com, or visit https://ino.com/tag.
MONEY SHOW CONFERENCE IN SAN FRANCISCO
As an S&C reader, you are invited to register for free admission for two to attend The Money Show in San Francisco, a three-day conference to be held in San Francisco on October 29-31, 1999.
The conference will host financial and investment workshops as well as seminars led by top financial experts in the US.
Listen and learn from Michael Murphy, editor, California Technology Stock Letter and Technology Investing; Richard Band, editor, Richard Band's Profitable Investing; John Murphy, former technical analyst, CNBC; Stephen Leeb, editor, Personal Finance; Louis Navellier, editor, Navellier Blue-Chip Growth Letter and MPT Review; Bernie Schaeffer, chairman, Schaeffer's Investment Research; and many others.
Browse the financial exhibition hall to find mutual fund exhibits from INVESCO Funds, Westcore Funds, Oberweis Funds, Janus, and Fidelity Investments. While there, see the latest in financial products and services for traders, brokers, and investment managers.
Call 800 970-4355 to register for your free admission for two (a $990 value). For information on exhibiting, call 800 822-1134 or E-mail moneysales@intershow.com
FINANCIAL TECHNOLOGY EXPO
The Financial Technology Expo will be held at the Jacob K. Javits Convention Center in New York City on November 16-18, 1999. The theme is "The Net Effect: Capturing Customers & Profits."
The Expo will feature keynote speakers, seminars, and exhibitors, along with new pavilions on E-commerce, risk management, electronic trading, Internet banking, insurance administrative systems, and data warehousing.
For more information, call 800 829-3976 ext. 2765 or visit www.financialtechexpo.com
12TH ANNUAL IFTA CONFERNECE
The 12th annual IFTA conference will be hosted by the Canadian Society of Technical Analysts (CSTA) and is scheduled for October 16-20 in Ontario, Canada. The cost is US$175 per night per person.
The theme this year is "Continuing Education: New Techniques in Changing Markets." The conference will address topics such as trading psychology, risk management, volume analysis, seasonality, cycles, and Gann methods.
Speakers will include Ralph Acampora, Richard Arms, Martin Armstrong, John Murphy, Robert Prechter, Adrienne Toghraie, Louise Yamana, and STOCKS & COMMODITIES' own editor, John Sweeney, among others.
To register, contact the Canadian Society of Technical Analysts, 390 Bay Street, #2000, Toronto, Ontario M5H 2Y2 Canada, or register online at https://www.csta.org.
FIVE SEMINARS BY THE CBOT
The Chicago Board of Trade presents a series of minicourses during October and November.
"Financial Basics at the Board" covers concepts of interest rate futures and will take place Oct. 4-5, 8:30- 4:30 ($500 per person). "Options Basics at the Board" takes place Oct. 6-7, 8:30-4:30 ($500 per person).
"Intermediate Options" covers put-call arbitrage, the greek risk variables, volatility, position management, and strategies, and runs Oct. 19 -Nov. 11 from 3:30 to 5 pm ($150 per person).
"Agricultural Hedging Simulation Basics at the Board" covers risk management with agricultural futures and options through interactive hands-on hedging simulations, Nov. 15-17, 8:30-4:30 ($650). "Technical Analysis at the Board" is Nov. 22-23, 8:30 to 4:30 pm ($500).
Contact Mary Unger, CBOT, 141 W. Jackson, Suite 2210, Chicago, IL 60604, 312 435-7207, mung50@cbot.com.