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Windotrader

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The Market Profile gives traders the 'edge' by facilitating the interpretation of market-generated data.

 

WindoTrader Blue is an intuitive, flexible, and extensible charting software application based on the principles of the Market Profile.

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When I first ran across Market Profile a few years ago, I started another journey along with my market education journey: finding Market Profile charting that suited my particular needs. I have had the sincere pleasure to work and interact with several great charting services, but still felt my search was unfinished. This search brought me to WindoTrader.

 

One of the biggest attractions was that WindoTrader (WT) was created for MP charting. Period. MP was not an afterthought or a little side item you could add to the main charting package. If you don't use MP you will be missing out on the horsepower WindoTrader brings to the table.

 

The next standout aspect was the depth of WindoTrader's MP prowess. I would definitely say the developers adopted the 'master of one' philosophy. The breadth and depth of MP related functions is, in my view, unmatched. I can effortlessly do things that would require some work around in most charting packages. WindoTrader does MP and it does it very, very thoroughly.

 

We're traders, so all this talk about charts better address the obvious: the look. The charts WT produces are just stunning. Scaling is top-notch and you can endlessly tweak the various visual elements of your charts. I run WT vertically on 19" LCDs and get 40-points of very legible range on an ES chart.

 

Stellar customer support is something I have grown very accustomed to. Any IRT, Sierra, Ensign, or QuoteTracker subscribers know exactly what I’m talking about. I just expect that type of service now. Enter Richard. Richard is part of the WT development and support team and I think that guy's only joy is making sure his clients are happy and that WT suits their needs. Richard makes himself available via email, instant message, telephone, you name it, and he’s there.

 

Okay, I’ve been all gushy, so I’ll offer some balance. If you aren't using MP, this probably isn't the right deal for you. I don't even know if it does 'standard' type charts. I also don't think there is a lot of opportunity for coders and programmers to recode stuff. Since I’m not a programmer, that is a non-issue for me, but thought I’d put it out there for those who do like to code. And, finally, the data provider list is currently limited to one: esignal. The developers are evaluating other data providers for future implementation, but for now it is just esignal.

 

Conclusion: I couldn't be happier. I'd seen some very nice screenshots of WT over the years but just never made my way over to them until recently. I'm happily taking my own WindoTrader screenshots now :)

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