Wave59 is charting software available in the market that is offered especially to traders participating in the trading market. I have divided the reasons of why I would recommend the use of this software into features, usability, price, and support.  These reasons stemmed out from the experience of using it as well as from the feedbacks of other users too that made Wave59 reviews.

The first reason is that the built and content of Wave59 is solely for traders since it is built by a co-trader for trading purposes. The main author is CTA which means that all the features are customized for a trader to maximize the trading goals and earn profits. For the features, they are definitely better compared to other software that offers similar service. The techniques, tools, and technologies used match the needs of a real trader in real time. The drawing tools, geometric patterns, time and price patterns, neural sets, and astrology provide ways to determine the trend in the market excellently. Customizing the charts is just as simple as clicking a button and it also automatically performs pattern matches. These features save me time and effort as well as accurately creating the charts rather than plotting them manually which are really tough work.
Moreover, it is easy to use and can be navigated without so much professional help. When it comes to support, it offers a free 30 day trial so that one can grasp the superiority of its performance. For those who have established an account and installed it, the company offers dedicated and continued technical support. In terms of personal experience of using Wave59, it did really a great job. It works faster and accurate in producing results. Of course, these comments are based from the points I gained since I started using it. One co-trader has been surprised when he experienced the results provided by this software. He is far more amazed when the charting instrument he has been using for a long time never produced the results produced by this creation of Earik Beann.
In addition, it offers three ways of acquiring it making it possible for traders who are not fully funded to enjoy its benefits. The three options are leasing, purchasing, and installment plan or called payment plan. Leasing it is the less expensive way of reaping the results it provides. For the option of leasing, there are free upgrades as well as no initial outlay of cash. This is mainly to cater to traders with small accounts. Unlike the first option, the second option called purchasing that leads to the owning of the software forever not until you decide to sell it. There are free minor upgrades and those major ones are with little fee. In here, there is unlimited technical support and purchasing it in lump sum saves you a percentage compared to the payment plan. The payment plan is the most expensive although you do not have to lay out cash at once. The benefit is that after it has been paid out, the software will be owned by you.

Wave59 is charting software made for traders by traders to who knows the processes being encountered in trading. T o be able to use this software, the current system of the computer must be able to support a minimum of 800 megahertz processor, 128 Megs RAM, 60 Megs free disk space, and Windows 2000 or XP or Vista. Also, the most important is the internet connection and an email account. The technologies or tools used in the software are geometric patterns and time and price patterns. Also, it made use of the new and more advanced way of approach to the market. It has been developed to a analyze markets that is more advanced than the traditional way. Further, the existence of neural networks has been incorporated in Wave59. The neural network offers a way of improving the existing indicators through the use of artificial intelligence techniques.
Wave59 reviews state that it is equipped with 40 indicators and functions. Other indicators are available for download or can also be invented using the QScript. The latter is a coding language that is easy to learn and is perfectly designed for traders. In the main chart, the software shows all the indicators together. The charts can be formatted using candlesticks, bars and lines as well as indicators. In the software, there are many drawing tools and line studies that are available with the quality of being unique that offers the user with more opportunities for analyzing completely. Scaling is automatic and the use of drawing tools is much easier too. Further, the drag and drop functionality in charts along with the moving of indicators and trend lines are the important parts of the charting software.

One of the technologies included in the software is geometric patterns. The patterns are created and stored through wave59. These geometric patterns are for the analysis of price actions based on trends, ellipses, and other shapes that portrays a trend. After a pattern has been created, it is used a background for any chart and depict price movements. On the other hand, the time and price patterns can be inserted in the chart or program. They can be created by simply connecting the dots using the mouse or can be through coding using the programming rules.  The choice of way to establish patterns depends on the preference of the trader and which is easier for him or her. Meanwhile, the neural sets are models made by the computer to process information using the so called “artificial intelligence”. They are mainly preferred when it comes to charting software because of their capability to process parallel sources of information at the same time. They are also referred to as genetic algorithms which as optimizing tools. The users of the software are supported by a three stage assistant.

The other tools offered by wave59 are Gann “Square of Nine” calculator and the Training Mode of Charts. The preferred chart is loaded along with its indicators using the training tool. It can be played back too by pressing the space bar. This is most useful for newbie in the trading process.

Wave59 is charting software used by traders in their processes. The step that must be done to be able to use the software is to set up an account and then install it to the computer. One will need an internet connection to do all of these as well as a compatible system that will support the software when it starts working. Since there are many tools provided by the software, one has to be properly educated so that he or she maximizes the use of it. These tools are drawing tools, geometric patterns, time and price patterns, astrology, custom scripting, and neural sets.

When it comes to the days that the stock market experiences declines, it is suitable to learn about the astrology or the techniques of an astrotrader. In here, one finds out about forecasting methods especially to come up with forecast for long term time frames.  This is to determine where the market will go for a specified time through the creation of waves and patterns. Markets have always a way of coming across the message on what will happen especially if it is unusual. With these tools, the markets do that by frequency doubling. At a certain high point of the cycles, this will mean that the market will start moving at any time soon. The red or turning points, the blue, and the green lines will tell the trader when a high point and a low point will occur.  When it comes to using geometric patterns, the key to successful results is a properly scaled chart created. Wave59 provides different ways to scale a chart. In fact, it offers automatic scaling. The next significant step is to build a pattern that can either be an ellipse, circle, curved trend, or any pattern preferred by the trader. Using the stock market software, it would be easy to create since one can rotate, enlarge, and automatically place in a chart. Once satisfied for the pattern built, one can turn to automatic pattern matching wherein the trader  just have to specify  the pattern and the software will do the matching. Then, Wave59 will display the best correlation resulting from the matching.

Another tool is the time and price patterns. The software can automatically find any price pattern on a specified chart as well as space patterns. It will take the trader three seconds to connect the points up and down to come up with a right shape. The spaces between the points are called crow files. In here, the time and price are both into consideration. Then, the automatic pattern matching will come after the trader has built the pattern. The secret is that the zigzag pattern considers both time and price ratios which are very vital in trading. Pattern matching offered by the software has been the key to analyzing a chart. It has the ability to scale the charts, apply geometric shapes, and match time and price outlines. Most Wave59 reviews state that it is the software mostly used by traders nowadays.

Wave59 is stock market software that supports the need of traders for charts and pasterns. It offers a variety of completely different tools compared to other software available in the market. The designing and programming of the software is done by a CTA that is why the main purpose is for live trading. In fact, the creator once stated in a Wave59 review that it is supposed to be for personal use only but it has expanded to so much that led to its public release. Among the features of the software are QScript which a coding language that lets the trader to create tools through the use of the tools provided, time and price pattern function as well as geometric patterns, and analysis opportunities. These can be automatic bar counts, circles, ellipses, Gann quadrates, and Fibonacci expansions. Further, it included 40 indicators and functions too.

Since Wave59 offers different sets of tools and techniques, it is vital to learn how it works and how it does ensures the success of the trader when he or she is using it. There are basically six techniques employed by the software. The first technique states three points which are using a three to six indicators always and placing a trade when all of them gives the same signal or majority, using non-correlated indicators which are measures of different parts of the market patterns, and using stops at the right moment. The second technique states that four different indicators communicate buy signals and the trader has to go short when he or she encountered them. Third, even if one or two of the indicators are used, the trader must select those that appeals to him or her most. However, it is important to take note that they should be non-correlated but with harmony as they works. Fourth, wave59 is capable of scalp tracking where the trader can look into numerous trades in just one day. Fifth, remember to use techniques for long term trades and all six the same indicators that say sell signal the trader to go short. Finally, pay attention when the fractal index is declining. This is an indicator measures trend strength using fractal patterns in the market.

Meanwhile, the advanced day trading indicators are the 9-5 count, smart money index, fractal trend index, and the Fibonacci vortex. The 9-5 count tracks price cycles to establish future turning points. While the smart money index determines the proprietary index, the fractal index computes trend fractals and patterns. The traders in the market are divided into two which are professional or smart money and the amateur or dumb money. Wave59 can measure the two groups’ activities and compare them. Also, the greater the fractals index in the market, the stronger the trend. The Fibonacci vortex, on the other hand, is the geometric meter behind all of the price changes in the market. This works when placed in the chart of the trader and lined up in the current price activity, it will show the market as it moves through the high and low of the time and prices.