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Daedalus

Last post 06-05-2006, 9:26 by StorkBite. 0 replies.
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  •  06-05-2006, 9:26 17916

    Daedalus

    Daedalus Add-on

    Daedalus is a Metastock® add-on providing both basic and advanced Technical Analysis tools that help identify possible profitable trading opportunities. Daedalus add-on makes use of the most powerful tools of Metastock® software and provides 12 external dll-indicators, 2 Experts along with 2 corresponding Templates, 16 custom Indicators and 9 Sample Explorations. All components of Daedalus are created to be used in DAILY charts.

    The main objectives of the Daedalus add-on are:
    [list:cd56b24c0c]
  • Find the correct long term trend of the Price
  • Reverse engineer Oscillators to find price levels where there is a strong tendency of short or medium or even long term trend change.
  • Use the price movement itself for finding support/resistance levels for the Price and automatically evaluate the level using widely accepted tenets of Technical Analysis.
  • Find securities that have broken a significant support or resistance level and automatically evaluate the breakout signal. [/list:u:cd56b24c0c]
    What makes Daedalus differ from many other technical analysis software is its tremendous flexibility. Many indicators provided are supple to the most and offer the users the opportunity to experiment and suit Daedalus to their type.

    For more information, please check out the Daedalus website here: http://www.daedalussoft.com/
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