Stock Trading Software Program
With that fact come two lines of thinking: 1) if the good traders do it then so should I; or 2) if I can figure out what the good traders are going to do in the future, how can I exploit it to make money. If option number 2 is more attractive to you then the Wave59 Technologies Trading Software may just be prefect for your needs. years past.
Wave59 uses geometric patterns and time & price patterns to try to predict what a stock will do before other technical indicators show strength. The whole philosphy is that it’s ok to take five stocks that lose 2% each to find that one stock that gains 50%. It defiantly makes sense, if it works… reliably.
Once a chart has been properly scaled, many patterns start to pop out at the trader. Ellipses, curved trend lines, and almost any pattern found in a book of sacred geometry can also be located in price action. Until now, traders using these patterns have been forced to draw them with magic markers on the computer screen, or on clear plastic overlays that had to be manually slid across the chart to do pattern matching.
Wave59 provides an easy, automatic way to build patterns which can be rotated, enlarged, and even automatically placed on a particular chart. Using the Pattern Builder, traders can create their patterns using a large number of drawing tools. All colors, proportions, and ratios will be reproduced faithfully by the software later on in real time conditions. Below is a screen shot of the pattern builder module in action:
Here’s what some other’s had to say about their experiences:
What i have looked at so far is impressive. My initial thoughts are that you have something exceptional that can be very beneficial to experienced cycle or timing traders like myself. The less experienced probably run into trading or interpretive problems and get discouraged or blown out.. Unfortunately I have a number of deadlines, overdue and approaching, that will tie me up for another two weeks or so. Once done, I plan on diving into your material…Your work is the most exciting I have seen for years.
Well, I haven’t seen another momentum indicator perform like your and in my TS. I have plenty of them… As for exhaustion bars, they do their job, sure are not the holy grail but properly used can help in identifying turning points… I want to thank you again for your unusual availability, I hardly remember any american like that. most of all you don’t seem to be there only to sell something.
If you want my honest opinion, and let’s face it that’s why you’re here, then there are better stock trading software options available. Worden Telechart 2007 is a tried and tested technology, same thing with AbleSys Corporation. If you want to take a change and maybe find something you really like then give Wave59 a shot.
Now you can even get a 30 day free trial to eliminate your risk.
For my day trading needs I really couldn’t imagine any software being more useful, and can’t imagine being without Wave59.
Bob Wasserman Said,
After reading this Wave59 software review I have to same I am not impressed with it. There seems to be very little it is actually good for, and I think it would take up more time than it is worth.
Maybe, I don’t fully understand the need for the ability to create these geometric figures that you have shown here, but I seem to be doing well without them. I think adding a program like this would cause unnecessary confusion and work. Not to mention the extra money that I would spend.
Think I am going to pass.
Steve S. Said,
Wave is impressive, anyone who can figure out how to coast by and do it successfully is good at figuring things out. That said, I don’t understand why they didn’t use that technology to create something that didn’t just require you to ride the wave and get by. There is so much more potential here.
But, if trading based on other’s work is what you want to do, this is definitely the software you want to do that with. It is very unique and it works because of superbly arranged data sets.
The problem with programs like Wave59 is basically that they encourage overactive investing. Rather, they encourage a day trading mindset that can be disastrous in the wrong hands. I’m actually shocked that average traders still think that day trading is a good idea, as though the last two booms and busts haven’t taught them anything. Unless you’re knee deep employed by a hedge fund or trading outfit I would steer clear of day trading. It’s so much easier and safer to play longer trends. Just monitor the 50 and the 200 and follow the institutions. It’s not that tough if you can have some patience.
Could not figure out how to use this software. I am not willing to spend days trying to figure out how something is supposed to work. At the price they want They have to be kidding.
No more free trial.
What i have looked at so far is not impressive. Could not figure out how to use this software.Would like to know whether meant for smart trader or for novice ??
The software does not offer evaluation for a very good reason. The software is a useless piece of software developed by a programmer with some hype which from the minute you try the software you can tell it has not much to offer.
I tried the software and they charged $160 to try it. After a day and time with the owner/programmer, decision was easy…cancel. Save your money and time and do not believe the hype they say on their website.
The system they have to trade SP500 can be developed with many of the software available at no charge with different brokers. You do not need to pay their wave59 hefty monthly, data feed and learn their new system.
I was ripped off and wasted my time.
I came across Wave59 when searching for a program to help me with my day trading needs. As usual, I was curious so I searched for reviews in order to get more information about it. From what I have read, the program is quite difficult to use. I tried the 30-day trial and I can’t figure out how to use it. I think using this program can just add confusion and work for me. Although, some say it works. I think I will pass. This program is definitely not recommended for novice traders.