Editor's review
TrendCatch monitor Stock Indices - Compute live short-term Trend for S&P500 E-mini Futures. TREND-Change is calculated during the trading day following the markets movements second by second. One of six trading Strategies can be chosen from.
Pros: TrendCatch finds the short-term trend in the SP Futures market. TrendCatch monitor Stock Indices and compute live Trend Signals (TREND-Change) for S&P500 E-mini futures. Based on a proprietary pattern recognition technology it analyzes the SP 500 Index futures market and combines trend trading and swing trading. Self explanatory and easy to use so that one could use it effectively even in the high stress on-line trading environment. Its strength seems to be the ability to most of the time correctly compute trade signals and inform investors when the short term market trend change. The overall important issue is that the TrendCatch system gives you a realistic information when to enter the market - either long or short. Unlike other such programs it does not attempt to predict a future price. Instead, TrendCatch attempts to determine when the current trend changes and if that should lead to a change in position. TrendCatch follows and monitors more than 600 stocks and financial futures and computes Sell and Buy recommendation for S&P 500 E-mini Futures.
During the trading day, TrendCatch SP compute constantly the short term TREND for SP500 E-mini futures. Sound and Visual Alerts when the Trend is close to an eventually Change. If/when the Trend Changes a new sound and Visual Alert takes place. The user has access to six different trading strategies, each one with its own characteristics. There are two different visual/sound alerts, which can be set to On or OFF. First is an alert when a trend change is about to happen. This is a kind of preparatory alarm for the investor to be ready for a trend change that is about to happen. The second type confirms that a trend change from short to long or long to short has actually happened. The user should take action immediately before a trend change happens again. Access to historical performance based upon active day trading, showing the Trend signals for each day. TrendCatch`s collects intraday history for S&P500 E-mini. All data can be saved to spreadsheets for further analysis. No overnight positions - all positions are cleared by the end of the trading day.
Cons: One should not forget that all predictions are probabilistic and hence exercise caution also that it is only as effective as the algorithm used.
Overall: This is a well organized, easy to use program. Rated at 4 stars.
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