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[REQ] Wave59 RT - Software


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Anyone has this software? Actually I would prefer the EOD version, less complicated trying than trying to get data connection for the RT version

Wave59 RT - Software for daytraders

 

 

Wave59 RT is new charting software designed specifically by traders for traders. The approach of Wave59 is to use alternative methods of analysis rather than stick to routine indicators like RSI and moving averages.

 

With the majority of these routine indicators circulating amongst the trading community for the last 30 years how could any trader have an edge using them.

Bear in mind that indicators such as RSI were developed over 30 years ago, before the computer age. Wave59 uses advanced analysis algorithms to provide daytraders with an edge in the markets.

"Provides daytraders with a winning edge."

 

Some of the alternative analysis techniques used in Wave59 are:

 

Geometric Patterns

Wave59 identifies that a proper relationship exists between price and time. The relationship that exists between price and time were studied and exploited by many of the early traders of the 20th century like W. D.Gann. Wave59 provides a charting tool which correctly displays the relationship between price and time.

 

Time and Price Patterns

It is common to hear analysts comment on various price patterns existing in the markets like "head and shoulders", "double bottoms" etc. Why is it then that the majority of charting software application do not support price patterns. Wave59 enables you to program and set up various price patterns. Once you have this set up the software can identify the pattern and signal you when it occurs. Pattern recognition in real time is a must have for daytraders, if you can specify the rules for the pattern then you just leave it to Wave59.

http://www.stator-afm.com/wave59.html

Edited by Grain Trader
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