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Wave59.com® Day Trading Software

by: tminlv( 12Feedback score is 10 to 49)
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PRODUCT REPORT GUIDE:



Wave59 Real-Time Trading Software
is highly sophisticated software designed for the serious day trader. It has a comprehensive array of technical tools at the user's disposal including Geometric Patterns, Time & Price Patterns, Neural Nets, Drawing Tools, custom Scripting and third party add-ons and plug-ins.

According to the company, Wave59 RT was designed with the knowledge that there is an important relationship between the price and time axis. They believe the two are not really separate, but are actually related in many ways. This relationship can be used to gain an edge to make money trading. It was exploited by many of the most famous traders in the first half of this century, who built all their charts by hand before the advent of personal computers.

The Wave59 software program contains many improved versions of popular trading techniques. Their "Fractal Trend" index resembles the behavior of the better known ADX indicator, and their "Ultra Smooth Momentum" curve is like many of the more widely used momentum curves but without the noise. These two tools are examples of improved algorithms. These indicators outperform the other popular versions because Wave59 calculates them using a much improved formula.

This is truly "Professional Grade" day trading software for the serious trader. If you are comfortable with terms like Exhaustion Bars, Fibonacci mVortex, 9-5 Count, Lomb Periodogram, SmartMoney Index, Fractal Trend Index, Action Zones, ADX Indicators, and Neural Networks, then this suite of tools is for you.

Otherwise, the company web site contains substantial teaching/training information as well as an excellent support department and a trader's bulletin board for posting questions and comments. There are also instructional videos and guides built in to the software in order to help the user get up and running in short order and on their way to making money in the markets.

The company's product pricing model is different than for most trading tools on the market. A variety of ownership/lease plans are available, and seem to be cost-effective for the serious day trader. See pricing plans below. Whether you are a professional trader or a beginner, you will find no better day trading tool.

Company Information:

Wave59 Technologies International, Inc. is a software firm "dedicated to bringing institutional quality tools and techniques to private traders. It was founded in 1997 by Earik Beann, a trader, programmer and former CTA. The current flagship product is Wave59 RT, a real-time stocks and futures analysis package. Launched in early 2002, the Wave59 RT software has been extremely well received by traders who have realized the benefits of implementing cutting-edge technology in their trading strategies".

Price:   

A free 30-Day Trial of the fully functional version is offered by Wave59.com. We like the fact that you can download the Free Trial without having to call the company, and you can cancel anytime without any hassle. When they say "Free", they mean "Free". Your credit card will not be charged if you cancel before 30 days.

You can access it easily from this link:  Wave59 Real-Time Trading Software

Pricing Option 1: Lease it for $89/month

    * Inexpensive. (less than $5 per trading day!)
    * Free upgrades forever - you'll always have the most current version of the software.
    * No initial outlay makes it easy for traders with small accounts.
    * Unlimited technical support.

Pricing Option 2: Purchase it for one payment of $2400

    * Unlike a lease, you own the software forever.
    * Free minor upgrades. (for example, from version 1.2 to 1.3)
    * Major upgrades may require a small fee. (for example, from version 1.2 to 2.0)
    * Unlimited technical support.

Pricing Option 3: Payment Plan - 12 monthly payments of $225

    * Once the software has been paid out, you own it forever.
    * Free minor upgrades. (for example, from version 1.2 to 1.3)
    * Major upgrades may require a small fee. (for example, from version 1.2 to 2.0)
    * Unlimited technical support.

Guarantee:   
The company offers a 30 day free trial of the fully functional product to help you determine suitability for your trading style. Once you are using their service, you can cancel any time before the end of the 30 day period.


Guide ID: 10000000012186972Guide created: 05/31/09 (updated 09/04/09)

 
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