CyberTrader Takes Active Traders Beyond Back-Testing With Intuitive Strategy Center(R)
02 June 2005 - 5:29AM
PR Newswire (US)
CyberTrader Takes Active Traders Beyond Back-Testing With Intuitive
Strategy Center(R) Powerful suite of technical analysis tools scans
entire market real-time for stocks meeting customized trading
strategies AUSTIN, June 1 /PRNewswire-FirstCall/ -- CyberTrader,
Inc. today unveiled Strategy Center, a comprehensive suite of
technical analysis tools available for active traders that give
them the power to both back-test customized trading strategies and
simultaneously scan the market for stocks that are meeting those
strategies. CyberTrader, Inc. is the wholly owned direct access
brokerage subsidiary of The Charles Schwab Corporation
(NYSE/Nasdaq: SCH). Strategy Center picks up where most
back-testing applications leave off by instantaneously identifying
which of the more than 8,000 listed securities, indices, and
futures are meeting specific trading criteria at that moment. "The
beauty of Strategy Center is that it automatically applies traders'
strategies, filters out the stocks that meet their criteria and
helps free up time to do what they do best -- trade," said Vincent
Phillips, CEO of CyberTrader. "Some traditional, first-generation
back-testing tools in the market fall short of helping active
traders identify new trading opportunities in current market
conditions because they are forced to apply strategies manually to
only those stocks they are accustomed to trading." CyberTrader's
Strategy Center is comprised of four powerful technical analysis
tools: -- Strategy Tester -- the back-testing component of the
suite. CyberTraders can evaluate personalized trading strategies
against historical market data. -- Strategy Ticker -- a dynamic
ticker that automatically applies tested trading strategies by
continuously scanning the entire market in real- time to identify
stocks and indexes that meet pre-defined technical analysis
parameters. -- Strategy Matrix -- historically validates a
CyberTrader's strategy for individual stocks and indexes to
determine whether the strategy meets the pre-defined technical
analysis parameters. -- Charting Package -- users can visualize and
analyze the performance of their strategies graphically using this
interactive, advanced charting tool which includes point and
figure, bar, line and candlestick. "It's unbelievable. I am trading
stocks that are meeting my specifications that I would have never
even have known existed before," said Kambiz Nasabi, a CyberTrader
customer. "Strategy Center is the equivalent of having a few
thousand extra sets of eyes scanning the markets for me throughout
the trading day." To download a free demo of the Strategy Center
please visit http://www.cybertrader.com/strategy or call
1-888-76-CYBER. About CyberTrader Inc. CyberTrader Inc, based in
Austin, Texas, the wholly owned direct access brokerage subsidiary
of The Charles Schwab Corporation (NYSE / Nasdaq: SCH), specializes
in electronic trading and brokerage services for the very active
trading community. CyberTrader provides customers with the advanced
trading tools and technology, analysis, research and service needed
to trade strategically and employ risk management principles. The
CyberTrader Pro software-based trading platform offers direct
connections to the markets via ECNs, all 5 options exchanges and
over 450 market makers. Member NASD/NFA/SIPC. DATASOURCE: Charles
Schwab CONTACT: Emily Kao of Charles Schwab, +1-415-636-3464 or ;
or Mike Boccio of Intermarket Communications, +1-212-754-5461 or
Web site: http://www.schwab.com/
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