Madscan: Giving the online stock traders the Tools for Success

October 30, 2009 – 8:27 am

For daytraders the key to success is being able to stay on top of all information related to their stocks, all the time. MadScan is designed to let them do that with fully customizable software that makes it easy to track real time stock alerts, stay on top of the latest news associated with their respective companies and create fully customizable filters that allow them to zoom in on the information they need without having to wade through the information they don’t.

MadScan is the ultimate stock scanner. Their stock market scanner allows users to identify and enter specific stock symbols. At that point the software creates easily accessible charts that allows traders to see spikes, candlestick patterns, reverse patterns and moving average convergence/divergence crossings. Real time stock alerts are processed and visible within 30 milliseconds of the event from any of three milliseconds from any of three different exchanges-the NASDAQ, NYSE or AMEX.

Alerts are only available when the stocks are open; however, historical data on these stocks is available 24/7.

MadScan’s stock scanner also links daytraders directly to the latest news related to their companies posted at up to nine different streaming news feeds, including BusinessWire, PR NewsWire and 10-K Wizard. With full access to company news traders can anticipate dips and spikes and plan their trading activities accordingly.

With over 3,600 stocks traded on the NYSE alone there’s a lot of information for traders to sift through to find the patterns and changes that apply to their trades. MadScan’s fully customizable stock scanner allows them to set their own filters. For example, using MadScan’s unique symbol upload tool users can import symbols directly from a text or CSV (Excel) document by importing the document. The tool immediately detects stock symbols and displays them in an easy to maneuver list for addition or deletion to the core database.

To use those symbols users simply go to the main MadScan window, choose “New Symbol Scan”, select the activity they want to monitor (for example, moving average, highs, lows, reversals) and the document in question. Only those stocks that fall within those parameters will be displayed, making it easy to focus in on the pertinent information and disregard the excess. And because settings can be changed on the fly it’s easy to maneuver data to get the information you need.

The software itself is designed for first time users with basic computer knowledge, making it easy to use regardless of your level of expertise; however, MadScan’s online self-help resource is perfectly designed to answer any questions that might pop up along the way.
These are only a few of the features that make Madscan.com the new must-have software for today’s techno-savvy daytrader.

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