CHICAGO--(systematic trading software. TrendLens is an advanced application whose intuitive visual interface allows traders to easily build, test, and execute trading strategies using multiple time frames. tradeMONSTER, the brokerage industry's user experience leader, offers customers best-of-breed trading tools for their proactive investing. For tradeMONSTER, this announcement comes on the heels of the launch of the new tradeMONSTER Mobile app, the first and only proprietary mobile trading app built on HTML5 which give customers a mobile experience that closely replicates its award winning web-based platform.)--tradeMONSTER® and Lumineye announced today tradeMONSTER customers now have access to the Lumineye’s TrendLens™
“TrendLens is at its best when it is powered by creative and deft traders. That epitomizes the tradeMONSTER customer. TrendLens provides tradeMONSTER customers the ability to enhance their efficiency and widen their scope of vision.”
Highlights of the TrendLens product that allows you to test and build algo-trading strategies include:
- Easy to use drag & drop functionality
- Preset strategies
- Back-testing capability against years of historical data
- “Paper-trading” with a fully operational live simulator
- Access to over 250 standard technical indicators & multiple proprietary indicators
Pete Najarian, Co-Founder of tradeMONSTER and optionMONSTER, offered, “I’m personally very excited to incorporate TrendLens into my day-to-day trading discipline. Having the ability to quickly build, test and execute equity trades without having to write any code significantly increases my range of available trading strategies.”
Joe Murphy, CEO at Lumineye, said, “TrendLens is at its best when it is powered by creative and deft traders. That epitomizes the tradeMONSTER customer. TrendLens provides tradeMONSTER customers the ability to enhance their efficiency and widen their scope of vision.”
Jim Swartwout, President of tradeMONSTER, added, “Our active equity traders were vocal about their need for an algorithmic programming solution, one that gave them automated trading and extensive back-testing functionality. As we pride ourselves on customer responsiveness, we were happy to deliver on that request with what we feel is a unique offering that allows even a novice to build algorithms visually but also delivers a powerful tool to more experienced traders.”
In addition, tradeMONSTER customers may have access to the TrendLens library that offers more than 200 pre-defined trading programs. TrendLens functions with the tradeMONSTER platform via a FIX-API framework, receiving live-market data directly from tradeMONSTER. tradeMONSTER customers are able to submit orders—generated from trading strategies designed on TrendLens—directly through their tradeMONSTER account.
tradeMONSTER customers purchasing a TrendLens subscription will receive a reduced equity commission structure of $3.90* flat rate for all equity trades.1
To learn more about how to get started with a TrendLens subscription, please visit www.trademonster.com.
About optionMONSTER Holdings Inc.
Co-founded in 2006 by Jon (‘DRJ’) and Pete Najarian and Dirk Mueller, a group of professional traders, financial executives, and CNBC contributors, optionMONSTER Holdings provides brokerage services through its subsidiary tradeMONSTER at www.trademonster.com and financial news, analysis and education services through its subsidiary optionMONSTER at www.optionmonster.com.
The vision of the optionMONSTER Holdings is to provide best of breed information and tools intended to narrow the gap between self-directed and institutional investing, by providing retail investors with the best options content (including education) in the industry and an online brokerage platform, which provides an amazing user experience “Anywhere, Anytime”, is the easiest to use and gives any investor all the necessary professional grade tools to trade successfully in the markets.
Rated "Best for Options Traders", tradeMONSTER (www.trademonster.com) is setting a new standard of excellence and innovation in the online brokerage industry. tradeMONSTER was the first online broker to deploy a streaming desktop-like trading experience in a web-browser, featuring professional grade tools in a dynamic and customizable interface combined with integrated investor education, transparent commissions and an extremely knowledgeable and dedicated customer service team. Additionally, tradeMONSTER is offering a groundbreaking mobile experience on all major mobile platforms and devices through tradeMONSTER Mobile. tradeMONSTER's technology team prides itself on constant customer driven innovation and currently has been granted several patents with numerous patents pending for its technology and one-of-kind investment tools embedded on the tradeMONSTER platform. All securities and investments are offered through tradeMONSTER. Member FINRA/SIPC/NFA.
Lumineye (http://www.trendlens.com/) is engaged in the development of innovative trading technologies to satisfy the needs of traders sharing their passion for trading, and frustration with the status quo. The Lumineye team is comprised of trading professionals and financial-services software developers who have designed and built products for top brokers, banks, and asset management firms.
1 For all stocks priced under $1.00, add $.0005 per share for the entire order in addition to the flat rate of $3.90. Pricing valid during the duration of customer subscription to TrendLens. Standard Equity Rates apply immediately upon termination of the TrendLens subscription. tradeMONSTER reserves the right to modify or cancel this offer at any time.