Vancouver, Canada, October 25, 2011 --(PR.com
)-- To address the challenges of the modern stock market, Addaptron Software has made improvements to its line of software products. Now a few decision support computer programs have been included in a single integrated system, Stock Market Forecast Tools SMFT-1. Except older modules of technical indicators, cycles, Neural Network, and chart patterns forecast, the improved module TA-1 includes a waves predictor.
Now TA-1 is able to analyze waves and predicts the next extreme (high or low price) similar to Elliott Wave theory of recurrent stock market price structures. Fundamentally, the Elliot Wave model is based on a crowd psychology that follows between optimistic and pessimistic trends creating patterns that can be fitted to natural sequences. Instead of assuming that waves obey only the sequence of Fibonacci, harmonic, or fractal ratios, a more general approach has been developed - the software takes into consideration all extracted waves. Due to employing Neural Network the module enables identifying both the price and date of extremes.
As before, TA-1 technical indicators module composes the forecast with weights accordingly to predictive ability of each indicator. The recent researches showed that predictive abilities of some classical indicators can be improved by an additional transformation. In short, if an indicator is trend-differentially coupled with price - it demonstrates better predictive abilities than a pure indicator. This idea has been used to improve a new release of TA software. The list of existing indicators in TA Technical Analysis module has been empowered by two new divergence-modified indicators - Relative Strength Index (RSI) and Moving Average Convergence/Divergence (MACD). These two indicators have been transformed to a slope of line and differentially-coupled with a price line slope. Indicator and price transformation to line slopes has been performed using Least Squares Linear Regression within a sliding 10-day period (moving window).
"It is natural that any forecast can fail and technical signals are not successful all the time, especially, in a complex modern stock market," says Alex Shmatov, president of Addaptron Software. "However, stock market traders always rely on the most probable scenario of price movement, and the more methods, the clearer picture."
The stock market traders and investors who are interested in evaluating the capabilities of the software are welcome to download and use a fully-functional version of SMFT-1 for free first 30 days. Currently, after free evaluation period, the software is available on a monthly subscription basis.
Addaptron.com is specialized in developing software that enables a comprehensive data processing to extract meaningful and useful information in areas of trading, investing, management, and marketing. Currently, the company develops and provides advanced data processing software tools to traders and investors who choose to improve the efficiency of their decision-making.