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TraderAssist® Strategies
TraderAssist® Strategies
Jack F. Cahn, CMT, TraderAssist®
7500 West Lake Mead Blvd., Unit 9-151
Las Vegas , NV89128
Phone: 800-618-3820
Product: Add-on software suite for TradeStation 8 and NinjaTrader 6
Requirements: Nothing other than those for TradeStation 8 or NinjaTrader
Price: $4,995.00 for theadd-on software suite for TradeStation 8 and NinjaTrader 6.
The price includes the turnkey setup, six months of one-on-one service, and all future upgrades.
Product Overview
TraderAssist™ is an add-on suite of trading systems comprised of three algorithmic software strategies. The three strategic systems include Day Breaker, %C-DT, and Legend24. The add-on suite covers five major economic sectors—Index Futures, Financials, Energy, Precious Metals, and Food—and it covers 21 different markets within those sectors. The three strategies working together give a trader a viewpoint on markets that if not unique is certainly uncommon. The three strategies—a price level indicator, a market condition indicator, and a directional indicator— combined is a complete trading plan. Specifically, the strategies are:
DayBreaker – projects extreme price levels for the day (resistance and support);
%C-DT – pointstomarket condition, not market direction, and;
Legend24 – indicates market change from its most recent pattern.
TraderAssist™combines these three separate tools into one seamless and sophisticated program that provides an invaluable edge for traders. Combined with TradeStation 8 or NinjaTrader 6, a trader has access to a complete, customizable platform that enables one-stop trading for the serious trader.
Key Features
The trio of software strategies, in conjunction with TradeStation 8 or NinjaTrader 6, provides all the key features of any first-rate software and trading platform package. What allows TraderAssist™ torise above comparable packages, though, is not in the software, per se; rather the unstated key feature is the development capability and market expertise of the software creators, Creative Breakthrough, Inc. (CBI). These beneficial characteristics are embodied in the philosophy of CBI, which to a fine point is itself uncommon—The key to developing a successful plan or system for day traders or position traders is the ability to predict the condition of the market. The idea that market condition is at least as (if not more than) important as market direction speaks to thinking that is not traditional, thinking not trapped in the tired, old ways. Trading is changing, and changing fast. Software development is the reason, and CBI understands this, which means you get the philosophy, market expertise, and software development capabilities in the TraderAssist™ package. This key feature provides the biggest bang for the trader’s buck.
Pros
- Seamless and simple installation
- Seamless information production
- Advanced, sophisticated, and efficient
- Excellent customer support
- Easy to read documentation that clarifies the concepts underneath the software
Cons
- Not for the novice or beginning trader
Conclusion
In the end, all any trader wants in a software package or trading platform is for it to provide quality information, be accessible, and execute efficiently. TraderAssist™ provides all three quite well. Perhaps CBI says it best. With TraderAssist™, “… you can do what a Trader is suppose to do and that is trade … all you have to do is manage your portfolio.”
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