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A technical analysis software for stock trading Trade Strategist is the first free technical analysis software written with Apple's Cocoa framework exclusively for Mac OS X.Trade Strategist allows you to combine the technical indicators found on sites like Yahoo! Finance into trading strategies. These strategies produce signals to buy and sell stock. You get to see how much you would have made or lost adopting the strategy in the past.Trade Strategist takes the strategies and performs virtual trading on (freely available) data downloaded from the web.You can swap your best strategies with other Trade Strategist users via the user mailing list. A common problem faced by amateur and semi-professional traders is a lack of faith in their trading approach. Frequently this comes about as the result of a poorly defined trading strategy.Relying too much on trader psychology frequently leads to grief in the markets. Trade Strategist allows you to define a mechanical trading strategy, which excludes trader psychology from the process.Harness Technical AnalysisTrade Strategist belongs to a field of finance called Technical Analysis, in which trading decisions are based on measurable quantities, rather than the emotions or psychology of the trader. A 'technical' trader makes use of charts and indicators that derive from price and other data to decide when to buy or sell stock.Whether you are a seasoned veteran of Technical Analysis, or have never heard the term before, Trade Strategist has something to offer. For the experienced trader, it is a powerful yet easy to use tool. For the beginner, it is a great way to learn Technical Analysis, and improve your skills. Because you can develop and test trading strategies before you use them, it can end up saving you a lot of money - you learn what does and doesn't work without getting your feet wet. It is a bit like paper trading at high speed!Create Your Own IndicatorsWith more than 90 built-in functions and indicators, Trade Strategist provides a rich tapesty with which to work. But you are not restricted to just these basic functions, because you can combine them in almost any way you can think of. And if you are a power user, with some Cocoa programming experience, you can use the Software Development Kit (SDK) to write plugins that incorporate your own indicators into Trade Strategist.Create and Test Trading StrategiesThe center piece of Trade Strategist is trading strategy development. This involves combining the built-in indicators into rules that determine when stock should be bought and sold. You can then test a strategy on historical price data to see how well it performs (known as 'backtesting'): Trade Strategist downloads price data for the stock and range of dates that you choose, and then moves from day-to-day, checking if any signals are generated by the strategy. When a signal is generated, Trade Strategist makes a virtual trade, and keeps track of how much you would have made or lost had you really been using the strategy. At the end of the simulation, you are presented with detailed results of trading activity, including a day-by-day break down of the data in tabular and chart form. Here are some key features of "Trade Strategist":· Universal Binary: Works great on both Intel and PowerPC computers running Mac OS X.· Charting: Chart any indicator or custom function using historical stock data.· Strategy Building: Combine indicators and functions into a mechanical trading strategy. Strategies generate signals to buy and sell stock.· Backtesting: Test any strategy by performing simulated trading on historical data. See how much you would have profited or lost.· Export: Export or copy data for any function or indicator to other applications, including spreadsheets.· Trading Signals: Generate signals with your best strategies to guide your daily trading activities.· Free Data, No Fees: Makes use of freely available data from the web. You don't have to subscribe to a data service or pay monthly fees.· Extensible: Cocoa programmers can use the Software Development Kit (SDK) to add their own data sources and indicators.Requirements:· 5 MB hard drive spaceLimitations:· You can only make up to 5 charts at any time. · You can't use Advanced functions (see the Expression Library to see which functions are Advanced). What's New in This Release: · Combinded the Standard and Pro versions into a single, "Pro" version. · Changed registration process to use the Snowmint eSellerate store.

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