Tradesignal honored as best software for technical analysis.
17. May 2017
TECHNICAL ANALYST AWARDS.
„The Technical Analyst“ honors Tradesignal as best platform for technical analysis
Broad spectrum – from classical analysis to programming of algorithms
Special strength in backtesting
Sophisticated system for both financial and energy markets
London/Bremen, May 17th 2017.
On April 27th 2017, the award committee of “The Technical Analyst“ has honoured Tradesignal as the best platform for technical analysis. Tradesignal has pushed through against competitors like Updata, Bloomberg and Thomson Reuters.
The committee justified its decision with the first-class functionality and the user-friendly operation of the software. With Tradesignal, traders, portfolio managers and analysts can safely and efficiently implement all the tasks they need: from the automation of specific work steps (for example, screening of securities meeting specific conditions), the development and simulation of algorithmic trading strategies, and the monitoring of whole portfolios. “Tradesignal provides a sophisticated system for both financial and energy markets. The platform, allows for easy backtesting and the flexibility to meet the needs of traders with various levels of technical analysis and programming” said Trevor Neil, renowned expert for technical analysis and host of the award ceremony. Of course, individual indicators and strategies can also be created using the built-in “Strategy Wizard”. Experienced programmers can implement their ideas using the formula language Equilla.
About technical analysis.
Technical analysis exclusively uses price and volume data for the assessment of securities. Recurring patterns can be tested using historical data and then validated using various methods. Through the use of algorithmic trading strategies, market participants can eliminate human weaknesses in decision-making, thereby increasing their performance.
Sebastian Schenck, Head of Sales & Marketing, Tradesignal GmbH. Trevor Neil, host of the award ceremony, Klaus A. Wobbe, CEO, Tradesignal Ltd.