CHICAGO, April 12, 2011 /PRNewswire/ -- Barchart.com, Inc., a leading provider of market data and information, today announced a data feed relationship with TriggerPoint Trading, an up-and-coming provider of one-of-a-kind Wyckoff-inspired charting analysis and trading software for the individual active trader. With their newly formed relationship, users of TriggerPoint Trading software can subscribe to Barchart's real-time data feeds which are sourced directly from futures and equity exchanges. TriggerPoint Trading and Barchart have implemented a direct integration for users to select Barchart as a data source.
"We are happy to partner with TriggerPoint Trading and for their users to have access to Barchart's data," said Eero Pikat, President of Barchart. "The combination of Barchart market data and Wyckoff charting will give their users a powerful application for analyzing the markets," added Pikat.
Based on Wyckoff, TriggerPoint's software helps individuals identify market trends through Springs and Upthrusts, and trade faster than before using its indicators as a guide. For the first time, all traders have access to a software program to understand how the market is moving, and can get in and out of trading at their convenience. While the indicators are based on a proven formula, the need to study numerous types of technical analysis is removed. The goal is to help traders make better and easier trading decisions simply by letting the company's proprietary color-coded indicators and trend lines do the work.
"TriggerPoint is dedicated to ensuring that anyone who wants to trade easily has the ability to do so," said Sheennan Showers, TriggerPoint Trading COO. "We try to take the complication out of the market by easily and simply identifying changes in market trends. Our approach towards color-coded trend lines and indicators means potential users get the VISUAL confirmation needed to be in the markets faster and more accurately." He adds, "If you're new to trading, TriggerPoint gives you indications of what to do, if you are experienced in Wyckoff, the software helps you to anticipate what happens next."
To get a full access trial of TriggerPoint Trading with a money back guarantee, visit http://www.triggerpointtrading.com/, and when prompted, select Barchart as your data service provider.
With a heritage dating back to 1934, Barchart.com, Inc. has substantial experience in meeting the information needs of the financial, agriculture, energy and media industries. As a full-service provider of futures, equity and foreign exchange market data, Barchart provides a wide range of market data products and solutions for customers ranging from institutional to retail. As an established leader in an industry that demands accuracy and innovation, Barchart's goal is to form partnerships that deliver comprehensive solutions for success. For more information, please visit www.barchartinc.com.
About TriggerPoint Trading
Headquartered out of Austin, Texas, TriggerPoint Trading also has an office in Chicago, Illinois. It was founded by a trading industry executive Sheennan Showers and software developer and President of RealTimeData.com, Michael Cummings. TriggerPoint Trading's mission is to create software to help potential investors and traders easily and simply identify changes in market trends. Based on two proven Richard D. Wyckoff methods (focuses on price, action and volume) individuals can identify Springs and Upthrusts, which can indicate how the market is moving to improve trading accuracy. TriggerPoint's proprietary color-coded indicators and trend lines help traders at every level increase their aim on the markets.
SOURCE Barchart.com, Inc.