The Wave59 online trading program doesn’t garner the same attention as some of the big boys get, but it is certainly one of the most unique charting platforms that is in the marketplace. We’re all so used to hearing about the same old indicators that every one had used a million times over and over again. Indicators such as Stochastics and Moving Averages isn’t exactly what I’d call revolutionary.

But Wave59 has a wide range of tools that can’t be found anywhere else. Just as an example, they show you weird things like horoscopes. Now, no matter what your opinion is on the subject, there is definitely and interesting correlation between the history of price action & movement with the astrological signs. They may be the most famous for coming up with the Fibonnacci Vortex. That unique pattern gives you a chance to to chose with a great deal of accuracy the lows and highs of the swings that a stock takes. The only trouble is that it is not exactly mechanical by nature. There is a great deal of interpretation that is required.

Just like you could do with Metatrader you can design your own trading system, but with Wave59 you get the huge advantage of being able to use neutral nets to change up your indicators. While many people feel that the software is very impressive, there are still quite a few people that have a hard time putting it all together to have success trading forex. I think that has a lot to do with how different this tool is compared to others, so a lot of people just aren’t used to it. It doesn’t matter how you feel really, I think that Wave59 provides at least some value, and people interested in stocks and forex should at least give it a look. It might not be exactly for you, but if it is I could be a big boost. That’s why I figured I’d write about wave59.