Tradecision is a technical analysis software application, enhanced with portfolio-level backtesting, exclusive studies, genetic algorithms, and neural networks. Priced very competitively, yet extremely easy-to-use, Tradecision enables analytically-minded traders to prepare for different, unexpected market scenarios, test their ideas, maximize profits, and develop a discretionary trading approach. No monthly fees. Free technical support.
Whether you're a beginning investor or veteran trader,Tradecision provides you with the practical and advanced collection of tools to support your trading decision-making process.
There are 2 different versions of the Tradecision application designed for different kinds of traders:
Professional, and
Professional Real Time. You can select the version that best suits your needs.
Identifying Trends and Market Phase To facilitate your analysis work as much as possible, Tradecision provides a set of on-the-fly techniques: the Auto-Trends study is used to automatically draw trend lines over a chart; the Pivots study identifies and marks a turning point in the trend on a chart. Also, Fibonacci Studies, Gann Tool-Box, Reversal Patterns and automatic identification of Elliott Waves.Tradecision enables using the 100+ most popular technical indicators. Moreover, Tradecision provides functionality for creating and improving your own custom indicators.
Determining the Most Auspicious Time to Buy and Sell Securities. Using Tradecision Strategy Builder, you can create a workable trading strategy, reliably measure its profit potential and the risks involved, and then analyze it historically to see how well it works. The application will inform you about the future performance of your trading ideas, thus dramatically reducing the risks involved.
Tradecision will secure you against the perils of real trading by performing a precise and realistic trading simulation. With the New Simulation wizard, you can concurrently simulate one strategy with different symbols. Moreover, you can back-test several strategies with one symbol within one run of just one simulation. In both cases, you can easily compare the results. All this means that your strategy analysis will be a lot more efficient.
Strategy Optimization Wizard will help you to find the optimal parameters for the indicators applied to your strategy and entry/exit conditions. The optimization process can take seconds, minutes or hours, depending on the number of the simulations being run. In those cases, when you have multiple optimization variables and wide search ranges, the Genetic Algorithms work much faster than the exhaustive search, while remaining very robust.
Tradecision has an advanced system (Alert Builder) for creating custom, user-defined alerts. Alert Builder includes a capability that will alert the user every time an event occurs by displaying a message and/or playing a sound file. Moreover, alerts can also be sent to you by e-mail.
Applying System-Based Trading Using the Improvian Language. Tradecision makes it easy to limit losses by coding the trading rules using the powerful features of Improvian. It is possible to create custom indicators, functions, call DLL functions, and import trading techniques from EasyLanguage and MetaStock. For creating advanced trading techniques, the new language allows traders to use variables, inputs and skip words.
Maximizing Profits Using Innovative Money Management Editor. The most popular money management rules are predefined and easily accessible through an advanced point-and-click editor including stop-loss, trailing stop, profit target, defining a custom Position size formula; Optimal F, Kelly, Fixed Fractional Trades and William formulas. The Editor provides special features for entering and editing your stop-loss, trailing stop, and profit target rules.
Achieving Trading Results that are Optimal under the Current Market Conditions Using Artificial Intelligence. Neural Networks allow finding patterns which cannot be discovered by the human eye. The Tradecision Model Builder helps you create successful neural models and use them in your strategies, thus building better trading systems than those created using standard technical analysis.
Locating Money-Making Opportunities Using NeatScan. You will be able to examine hundreds of symbols using a set of diverse criteria including chart patterns, trend-lines, and even Elliott Waves. NeatScan includes a library of built-in scans, such as MACD, MA Crossover, Stochastic, Price, Bollinger Bands, and many more. However, with the help of Improvian, a full-featured programming language, you can create virtually any kind of scan you may need. NeatScan enables defining any kind of criteria for market scanning and custom column calculation, from the simplest to the most complicated.
Gaining a Trading Edge.Tradecision is a quality and unique product, but it also innovative. The following exclusive techniques available only in Tradecision designed to be a major contributor to your trading success. Ingenious Moving Average to forestall tendencies. Also it is used as a noise-elimination filter that gives you a much better insight into the market situation.
Compatible Data Feed. Using Data Manager you can receive, store and export market data from different data feeds simultaneously, including DTN IQFeed, eSignal, Interactive Brokers, Worden, MetaStock, CSI, text files (csv),Yahoo Finance (free EOD data), and MSN Money (free EOD data).
Tradecision Pricing
£845 ...Professional Real-Time (RT) product purchase price (data extra) JUST £646 for T2W members.
£633 ...Professional product purchase price (data extra) JUST £476 for T2W members.
£52 ........NeatScan price JUST £45 for T2W members
Please note that when you purchase the product, the delivery of the product will be via secure internet download from a secure section of the Tradecision website. In accordance with the standard Tradecision policy, we offer an unconditional 30-day money back guarantee. No monthly fees. Free technical support!