Dow Jones Telerate sets new standard in real-time technical analysis.NEW YORK--(BUSINESS WIRE)--Jan. 12, 1996--For a decade, Dow Jones Dow Jones the best known of several U.S. indexes of movements in price on Wall Street. [Am. Hist.: Payton, 202] See : Finance Telerate's TeleTrac has been the global standard in real-time technical analysis. Now there's a new standard. TeleTrac TradeStation, launched today, is the world's most powerful technical-analysis trading software. A remarkably easy to use Microsoft Windows-based product, it possesses unparalleled charting and analytical power. TeleTrac TradeStation monitors price changes, tick-by-tick, in dozens of markets; signals buy and sell opportunities; generates orders; keeps track of trades and reports open- position profit or loss--all in real-time. With the click of a mouse, traders can use TeleTrac TradeStation's 150 built-in functions, such as studies, indicators and mathematical routines. Visual and audible A protected MP3 file format from the Audible.com audio download service. See Audible.com. alerts automatically signal buy or sell opportunities 24 hours a day, based on whatever criteria a user selects. An alert trigger can be as simple as a key price level, or as sophisticated as a multi-study technical trading system The introduction to this article provides insufficient context for those unfamiliar with the subject matter. Please help [ improve the introduction] to meet Wikipedia's layout standards. You can discuss the issue on the talk page. . "After consulting with a broad range of customers to understand their needs, we developed TeleTrac TradeStation to run on the Telerate Workstation, so we can offer on a single terminal the best technical-analysis trading software together with access to all of our news, commentary and price information," said Julian Childs, chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of Dow Jones Telerate. "This is a major advance for Telerate and, more importantly, for our customers, who have a powerful new tool to increase the profitability of their trades." Market participants The term market participant is used in United States constitutional law to describe a U.S. State which is acting as a producer or supplier of a marketable good or service. When a state is acting in such a role, it may permissibly discriminate against non-residents. can test the performance of trading systems, standard or customized, without risking a penny. TeleTrac TradeStation's powerful historical testing feature will run a trading system against market conditions for a variety of past periods and produce a detailed performance summary. A trader can see how much money was made or lost in the simulated transactions, as well as the dollar amounts of the biggest winning and losing trades, the number of trades made and how many were profitable and unprofitable. The exclusive EasyLanguage feature allows users to enter custom studies and formulas, modify standard indicators and create complex, customized trading systems without programming knowledge. Expert Help, a built-in teaching system, will display an explanation of charts and studies, including whether market activity indicates a bullish Bullish Word used to describe an investor's attitude. Bullish refers to an optimistic outlook, while bearish means a pessimistic outlook. bullish , bearish Bearish Words used to describe investor attitude. A bearish investor believes that a particular asset or the market as a whole will decline in value. bearish or neutral trend. Developed jointly by Dow Jones Telerate and Omega Research Inc., creator of the popular System Writer, SuperCharts and TradeStation software, TeleTrac TradeStation has been designed for users of all skill levels. "When we introduced our DOS-based TeleTrac technical analysis terminal 10 years ago, it became the most used real-time technical analysis product in the world," Mr. Childs said. "With its combination of global financial information from Dow Jones Telerate and award winning software from Omega Research, we expect even greater success for TeleTrac TradeStation." Dow Jones Telerate, a leading provider of real-time financial information, decision support products, trading room The notion of "trading room" (sometimes used as a synonym of "trading floor", see below) is widely used in financial markets to refer to the office space where market activities are concentrated in investment banks or brokerage houses. systems and transaction services to the international business community, is part of Dow Jones & Company. Dow Jones publishes The Wall Street Journal, Barron's and other periodicals, electronic business information services See Information Systems. and community newspapers. -0- Telerate and TeleTrac are registered trademarks of Dow Jones Telerate, Inc. System Writer, SuperCharts and TradeStation are trademarks of Omega Research Inc. Microsoft is a registered trademark and Windows is a trademark of Microsoft Corp. CONTACT: Dow Jones, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of Sanford Jacobs, 201/938-4328 |
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