Track Data Corporation Selects Trade-Ideas' Software To Advance NewsWatch

Track Data Corporation (NASDAQ TRAC) says that its NewsWatch service now includes Trade Ideas, the premier tool for idea generation technology and real time analytics of the markets, as part of its roster of content providers. "NewsWatch is news filtering

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Track Data Corporation (NASDAQ: TRAC) says that its NewsWatch service now includes Trade-Ideas, the premier tool for idea generation technology and real-time analytics of the markets, as part of its roster of content providers.

“NewsWatch is news filtering software for traders’ desktops,” says Marty Kaye, Chief Operating Officer of Track Data. “One of the ways we distinguish NewsWatch from other products is to offer unique news sources and analytic tools. Trade-Ideas is a terrific analytic tool for traders. NewsWatch clients can now receive alerts from pre-configured strategies, specifically designed for them, that look for statistically unusual movement across an array of technical indicators.”

Some of the technical indicators produced by Trade-Ideas include unusual Relative Volume and Volatility; Moving Average Crossovers and Breakouts; False Gap Retracements; and Strong Momentum.

“Trade-Ideas’ analysis positions NewsWatch clients for breaking news, stock rallies, or approaching support and resistance levels in real-time,” says David Aferiat, Managing Partner of Trade Ideas LLC. “It serves as valuable color commentary to the market’s activity and a useful addition to their existing toolbox.”

Trade-Ideas provides access to detailed information on more then 10,000 stocks, ETFs, indices, and future contracts on all the North American exchanges

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