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UK Newsletter - December 2003 |
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http://www.paritech.co.uk/education/newsletter/UK/Dec2003/Dec2003.htm
FEATURED IN THIS EDITION
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A message from the
UK Director
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Christmas wishes
Events and Announcements
- Major Changes to Paritech EOD data
- Paritech Free Forum
Product Features
- NEW .. OmniTrader 2004
- FREE book with Hot Trader
- Alpha Omega Elliot Waves for MetaStock 8.0 |
Info, Tips and Tricks
- Bollinger Bands, Free Online Education
Analysis of the Month
- Momentum
Featured Indicator/Analysis
- MetaStock - Price Rate Of Change |
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Message from
the UK Director - Russell Bird
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Christmas
Wishes
It is that time of year again, snow, sleigh bells and
mistletoe (ok I haven't heard the sleigh bells, but the others are
around in abundance).
From the team at Paritech we hope you have a merry and safe Christmas
and a prosperous New Year. |
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Announcements
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Attention all data users - Major
Changes to Paritech EOD data
After a lengthy review of available data sources we are pleased to
announce that our EOD data will soon be sourced from Reuters. Reuters
will give us the best combination of data quality and reliability whilst
offering the flexibility to add additional markets and data fields in
the second half of 2004..
What do you need to do? The evening of December 31st will
be the first day for Reuters data. In general the move will be
transparent to end users, with a few notable changes :
1) LSE Indices data will now be available
in a separate folder. This will make it easier to find and manage the
Indices. Also, if you don't use them you can opt to speed up the
downloading process and not download them at all. If you use the FTSE sector Indices or Eurotop indices then
you will need to download an updated version of Data Director 2 and a
new Indices History folder. You can get these by clicking here, or
alternately contact us on 01787 888080 or by email to support@paritech.co.uk
and we will send you the Indices History and Data Director 2 on a FREE
CD.
2) You may notice a reduced overall symbol count - we have removed a
number of unnecessary miscellaneous symbols from the LSE data feed.
These typically trade infrequently and can clog up your data history.
Please contact us if you have any questions relating to these changes.
We are confident that the changes will be beneficial to all and longer
term, access to Reuters will allow us to add new markets and matching
fundamental data to our current data product set.
FREE
GLOBAL PARITECH FORUM
I know how trading and investing can be a very lonely career.
You may be stuck on your own with all the professional tools and data
services anyone could imagine, but , with no-one to talk to about how
you are using them, how the market is going and share differing
opinions.
We have a solution. You can easily communicate with like minded
individuals all day, (and night) every day through the Paritech Free
Forum. Join over 1000 Forum users and discover a vast array of topics.
Either add to existing discussions, or start your own from scratch.
Review stocks, profits, styles and strategies. Leverage the knowledge
benefits of a large group of investors pooled together and perhaps you
may discover new idea's you have never considered previously.
Click Here to access the Forum now.
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Product
Features
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OmniTrader
2004
Here it is - in time for the New Year. To quote the CEO
of Nirvana Systems, Ed Downs :
"Its like having multiple experts
examine your charts and apply the right strategy at the right
time"
So what has changed in OmniTrader 2004?
- Better signals and more of them using multiple
strategy voting.
- New 'Trade ProcessorTM'.
- New building blocks in the signal generation process..
Click here to see
more details on OT2004.
Hot Trader special
We
have a Special deal for Hot Trader - buy Hot Trader between now and
January 31st and get a FREE copy of Marc Rivalland's book - "Marc
Rivalland on Swing Trading" ... valued at £33.. This makes the
perfect companion to help you get the most out of this powerful swing
charting program.
Be quick - this is definitely a
limited offer. For more details on Hot Trader click
here.
Alpha Omega - Elliot Wave plug in for MetaStock V8.0
Now
you can get the power of Elliot Wave analysis with your MetaStock
software. Introducing the new Alpha Omega Plug in for MetaStock.
For further information on Alpha Omega please
click here.
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Info, Tips
and Tricks
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Analysis of the Month
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Momentum
The Momentum indicator
displays the rate-of-change as a ratio. We cover rate of change in
greater details below under this months Featured Indicator
For detailed information on Momentum indicator please
click here.
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Featured
Indicator/Analysis of the Month
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MetaStock - Price Rate Of Change
A long recognized phenomenon
of security prices is the fact that prices tend to surge ahead and
retract in a cyclical wave-like motion. The Price Rate-Of-Change
indicator illustrates this wave-like motion of a security's price in an
oscillator format. As the security's price increases, its R.O.C. will
rise; conversely, as its price falls, its R.O.C. will fall. The faster
prices rise or fall, the faster the R.O.C. will rise or fall.
For detailed information on ROC please
click here. |
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