(openPR) FXP Stock expands its activities in Europe
Kaltenkirchen, 12th of May 2003. The german company FXP Stock GmbH & Co.KG presents a new development in the field of technical analysis of the performance of securities. A fuzzy logic based expert system carries out a complete technical analysis once per minute. This ready made trading system puts the power of advanced technical analysis in the hands of private, even inexperienced investors .
The german company FXP Stock GmbH & Co.KG started its distribution activities for the whole of Europe in may 2003. In its first step the young company adressed german speaking traders from january of this year. But from now on interested traders in all europe are invited to view the new english website.
FXP Stock is an expert system which resulted from research in the area of artificial intelligence. It contains a set of rules formulated by experienced traders for performing extensive technical analysis of how securities are being traded. The methods used for evaluating the set of rules and for taking the continuously changing market conditions into account are based on “fuzzy logic”. The FXP Stock proprietary Fuzzy indicator is itself a summary of results of evaluating a whole series of technical indicators and other factors according to a set of approximately 200 rules. This ready made trading system was not just developed by experts for experts but is easy to use and puts the power of advanced technical analysis in the hands of private investors and traders.
The FXP Stock program gives an evaluation of the momentary status of each security as the short term expected market movement once a minute in five easily understandable categories (strong sell to strong buy). The resultant evaluations are shown as coloured bars under the price chart from dark green through green, yellow for hold and red to dark red. A dark green bar represents a “strong buy”. Dark red indicates a “strong sell” evaluation.
The trader can adjust the intensity of this evaluation according his trading behaviour.
FXP Stock is easy to use and also offers most of the standard tools and indicators used in technical chart analysis. Rank monitors are of valuable assistance, in which a group of securities are continuously evaluated and sorted according their potential performance in the five categories from strong sell to strong buy. The user gets a fast and efficient continuous survey of the results and of a possible requirement for action.
Both products FXP Stock and FXP Stock RT, the real time version, contain a function with which you can draw inverted price charts, the reciprocal of the usual chart. This function is of assistance to these traders who also do short trading to in order take advantage of all the chances available.
The Fuzzy Indicator as the sum of technical indicators and other factors has the same slight bias as some of the standard indicators towards long trades. But inverting the chart and converting short trades to long reverses the bias and can be used as a strong confirmation when deciding to make short trades.
The Fuzzy Indicator is also evaluated for the inverted chart once per minute as in the standard chart. It can be used as a good confirmation of trade decisions for short traders, because the evaluations for the expected market movement are often earlier and stronger in the inverted charts.
The standard FXP Stock program analyses and evaluates the trading behaviour of all market participents once a minute using streaming 15 minute delayed data. FXP Stock delivers currently the data for about 400 securities from various markets such as DAX, EuroSTOXX and Nasdaq.
The real time version of FXP Stock, FXP Stock RT, offers additionally intraday charts. Intraday charts with 15 minute ticks support short term security trading. The user has a 32 times higher resolution of the indicator evaluations than with daily ticks. The FXP Stock evaluations in the intraday charts are displayed exactly as in the standard charts graphically as coloured bars or in an intraday rankmonitor linguistically in five categories as Strong Buy, Buy, Hold, Sell, Strong Sell.
FXP Stock GmbH & Co.KG. does not deliver real time data. The user has however the option of using a real time data provider of his own choice. The real time data software must have a built-in DDE interface or can alternatively continuously update security data in an excel spread sheet.
FXP Stock GmbH & Co.KG invites traders to become acquainted with its program by taking advantage of reduced prices for 30 a day test version of each product.
Contact for press:
FXP Stock GmbH & Co.KG
Gottlieb – Daimler - Str. 9
24568 Kaltenkirchen
Germany
Kerstin Deiwick
phone: +49 (0) 4191 919351
mobil: +49 (0) 172 4558447
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