Source: Track Data
Track Data Corporation (NASDAQ: TRAC) today announced that its NewsWatch service now includes Trade-Ideas, the premier tool for idea generation technology and real-time analytics of the markets, as part of its roster of content providers.
"NewsWatch is news filtering software for traders' desktops. One of the ways we distinguish NewsWatch from other products is to offer unique news sources and analytic tools. Trade-Ideas is a terrific analytic tool for traders. NewsWatch clients can now receive alerts from pre-configured strategies, specifically designed for them, that look for statistically unusual movement across an array of technical indicators," said Marty Kaye, Chief Operating Officer of Track Data.
Some of the technical indicators produced by Trade-Ideas include unusual Relative Volume and Volatility; Moving Average Crossovers and Breakouts; False Gap Retracements; and Strong Momentum.
"Trade-Ideas' analysis positions NewsWatch clients for breaking news, stock rallies, or approaching support and resistance levels in real-time. It serves as valuable color commentary to the market’s activity and a useful addition to their existing toolbox," said David Aferiat, Managing Partner of Trade Ideas LLC.