May 2006 TRADE NEWS
News Releases & ProductsNeuroShell Trader Launches Major Update
Expanded Squawk-Box Coverage
Cup With Handle Systems Execute Real-Time Trades
Tradeware Enhances MarketCenter
Automatic FX Execution Signals Granted From Third-Party Systems
TradeOms Automates Trading Out of Excel
Trade-Ideas Releases Real-Time Candlestick Pattern Alerts; Offers Seminar
FOREX.com Expands US Presence For Retail FX Trading
Website Provides Forecasts, Allows Verification
or return to May 2006 Contents
TRADE NEWS & PRODUCTS
NeuroShell Trader Launches Major Update
Ward Systems Group has released NeuroShell Trader 5.0, which incorporates enhancements such as integrated trading with Interactive Brokers and email alerts, ticker scanning, portfolio trading features, faster optimization, and revamped screen and bar features for efficient design and testing of profitable trading systems. The software now supports second, tick, volume and range bars as well as Fibonacci retracements, projection, and time lines. The software ships with new-training videos and a comprehensive set of training example charts. NeuroShell Trader users are still entitled to free tech support. www.neuroshell.com
Expanded Squawk-Box Coverage
Tradersaudio.com has announced that it has now expanded its squawk-box coverage. In addition to a new website launched in January 2006, the company's squawk service is now available for the Chicago Board of Trade's 30-year and 10-year futures and options and also in eurodollars at the Chicago Mercantile Exchange. www.Tradersaudio.com
Cup With Handle Systems Execute Real-Time Trades
Del Associates has released its CupTrade Strategies, composed of six bullish and six bearish trading systems, using TradeStation 8.1 or later. These systems execute real-time trades, either automatically or with user confirmation. Through several input options, the user has control over exact entry points, percentage of stop-loss and 50-day average volume for breakouts, controls to eliminate "bad-tick" execution, and more. A detailed users' manual provides complete system guidance as well as a section on how to use the strategies to trade options. www.cupwatch.com
Tradeware Enhances MarketCenter
Tradeware Global Corp. announced enhancements to its MarketCenter, a front-end order management system that electronically captures, manages, and routes equity order flow. MarketCenter is a rules-based application that automates all or part of the trading process. With it, broker-dealers have the ability to handle incoming electronic and manual order flow from buy-side customers. It allows traders to interact with the market directly or forward orders to other internal proprietary systems or vendor-based execution applications. This version incorporates real-time market data and a global security master into the application to support an extended range of regulatory and global trading requirements. www.tradeware.com
Automatic FX Execution Signals Granted From Third-Party Systems
Fx-Auto.com said that its platform enables foreign exchange traders to take advantage of forex movements on a 24-hour basis via the auto-execution of signals and strategies from third-party vendors. The Fx-Auto platform removes the requirement for manual intervention of trading. www.fx-auto.com
TradeOms Automates Trading Out of Excel
Trade Order Management Solutions (TradeOms) said it had developed a process by which traders could automate trading directly out of Excel. The solution combines Excel's usability and financial information exchange electronic trading protocol, allowing a trader's proprietary formulas to drive thousands of trades per day. Users can make changes to their model and not need to know anything other than Excel. TradeOms said a trading blotter that is included can be used for single-order entry, automatically reporting the orders and executions back into Excel. www.tradeoms.com
Trade-Ideas Releases Real-Time Candlestick Pattern Alerts; Offers Seminar
Trade-Ideas said that it was now offering real-time candlestick pattern recognition alerts, adding that the user could be alerted anytime his or her stock, index, or emini was exhibiting a recognizable pattern: doji, hammer, hanging man, bullish engulfing, bearish engulfing, and more. The developer said five-, 10-, 15-, and 30-minute candles options were available. In other news, Trade-Ideas said that it was offering the Learning Curve seminar, a two-day trading seminar, on June 16-17 at the Del Mar Hilton in Del Mar, CA. Attendees will learn how to set the right alert with the correct filter, model strategies and test the results, optimize strategies for bullish, bearish, and range-bound markets, tap into a network of other trading professionals to create valuable relationships, and more.
www.trade-ideas.com
FOREX.com Expands US Presence For Retail FX Trading
Gain Capital Group announced a new Wall Street office to serve as the US sales headquarters for Forex.com, the retail division of Gain Capital Group, with corporate headquarters located in Bedminster, NJ. www.gaincapital.com
www.forex.com
Website Provides Forecasts, Allows Verification
Greenlightstocks is a web-based algorithm using pattern recognition that forecasts stock prices. It is a web computer model that provides buy and sell signals with a forecast for each stock for the next 12, 24, and 48 days. The model gives a forecast range with 95% confidence limits. This range provides the "ideal" exit point for stop-losses and profit-taking and allows you to test buy and sell decisions before you invest; it gives a daily report for profitability and percentage accuracy; and gives you the ability to verify past forecast accuracy (up to two years). www.greenlightstocks.com
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Originally published in the May 2006 issue of Technical Analysis of STOCKS & COMMODITIES magazine.
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