This page lists many of the features of the software that didn't really fit on any of the other pages but still deserved mention.

Wave59 contains a full fledged Square of Nine calculator. You have the ability to set the center number, rotate the square either direction, increment/decrement by whatever amount you like, and apply various patterns to the square to determine important future price levels.

This square is 8 layers deep, and shows the 90 degree cross. This cross can be spun around with the mouse and easily toggled on and off. 30, 45, 120 degree patterns, as well as custom-built patterns are also available. An additional bonus for astro buffs is the ability to plot planetary positions directly on the square in real-time.

If you track a large number of symbols and don't want to open a separate chart for each of them, you can use Wave59's Quote Window to keep tabs on every stock or future you follow.

Simply type in the symbol name and the rest of the columns are automatically fill in. Columns can be reordered with the mouse, and easily toggled on and off. Once you've got your quote window set up exactly as you like it, you can save it and easily call it back any time you need it. Available fields include:

Wave59 was designed to be the perfect software for geometric pattern matching. Even though the Pattern Builder and scripting languages provide powerful pattern building tools, some traders might still like to use magic markers or clear overlays on their screen when working out the details of a new pattern.

Because of this, there is no automatic scrolling of the chart. Instead, the chart remains stable while the price bars just add themselves at the right. This makes the chart operate exactly as if it had been drawn by hand. This also allows forecasts saved as ASCII files to easily be plotted into the future.

Most other charting programs place all indicators in a separate subgraph at the bottom of the price chart. Each time a new indicator is added, these programs just squash the price chart down to make space, then add the new indicator at the bottom. While fine for purely indicator based trading, this behavior is unacceptable if you are using any kind of pattern or require perfect scaling of the chart.

Wave59 does not use any subgraphs when indicators are added. They are drawn directly to the chart without changing any scaling factors. Again, this mimics the way things would be done if you had been drawing the chart by hand. All indicators act just the same as drawing objects in this regard, and can be dragged to new locations or resized with a simple click of the mouse. Everything is drag-and-drop, so moving an indicator to the top of the screen is just a matter of selecting it with the mouse and repositioning it in the appropriate place.

Wave59 can be put in training mode, where the data is initially hidden and revealed bar-by-bar as the user clicks the space bar. All indicators and analysis techniques appear exactly as they would have at that point in time, and automatically update as new data is added to the chart.

If you are new to trading, or would like to test your ideas out before risking real money, then this feature will pay for itself over and over again. It's faster than paper trading in real time, and allows you to really speed up the learning curve as you can simulate real time conditions on past history. This means you can get a days and weeks of trading experience in only a few short hours of practice!

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For longer term traders, Wave59 can work with end-of-day data. Metastock and ASCII formats are both supported.

Trade off the Chart

If you have an account with Interactive Brokers, you can place and manage orders directly from your Wave59 charts.

The order panel sits right on the top of the chart, and to enter an order, you simply click "BUY" or "SELL", drag the order line to the correct price, and click to set the order. To move an order, just grab it with the mouse and drag to the new location and the changes will automatically be reflected in the Trader Workstation. Everything is extremely visual and intuitive, eliminating order entry mistakes and making managing your position a snap. No need for expensive order entry programs - everything you need is contained right in your charts.

Click here to order, or here to return home.