TradeStation, the US-based subsidiary of Monex Group, Inc. (TYO:8698), has just announced the release of a new trading application. The novel solution is called IBD Leaderboard® TradingApp and has been developed in partnership with Investor’s Business Daily (IBD).
The app is available exclusively through the TradeStation TradingApp Store – an online marketplace which currently offers more than 800 TradeStation-compatible indicators, strategies and TradingApps.
The IBD Leaderboard® TradingApp combines IBD’s stock market research capabilities with the functionality of TradeStation’s platform to offer a powerful, integrated, real-time trading research application.
The IBD Leaderboard® TradingApp scans proprietary stock lists and screens generated and updated throughout the trading day by the IBD Markets Team. The TradingApp’s Leaders List helps traders notice potential trading opportunities via in-depth analysis of each company’s fundamental and technical performance. Stocks that begin to exhibit sell signals move from the Leaders List to the Cut List, a useful tool that can help traders decide whether to try to lock in profits and protect against losses, as well as evaluate potential trading opportunities.
What distinguishes the IBD Leaderboard® TradingApp from other stock research applications is its integration into the TradeStation platform, including real-time symbol linking. For instance, traders focused on a particular stock can, with a single mouse click, access TradeStation’s powerful Charting capabilities to perform more in-depth back-testing and analysis, or even place an order directly from the chart. Traders interested in researching a particular stock in real time against similar stocks can do so by symbol linking to TradeStation’s RadarScreen® feature from the IBD Leaderboard TradingApp window.
Salomon Sredni, CEO of TradeStation Group and COO of Monex Group, commented:
“We are truly excited to team up with Investor’s Business Daily, which, in addition to being one of the financial industry’s most respected investment research companies, is also a leading producer of in-depth stock analysis. By combining IBD’s stock market analysis with the trading and analysis capabilities of the TradeStation platform, the IBD Leaderboard® TradingApp should prove to be a valuable tool for equities traders.”
Chris Gessel, Executive Editor and Chief Strategy Officer at Investor’s Business Daily, added:
“We’re also excited to extend Leaderboard® to TradeStation clients through the TradeStation TradingApp Store. The powerful combination of IBD’s stock market analysis and TradeStation’s robust trading platform made a lot of sense to us.”
To view the official announcement, click here.
To learn more about the new trading app, click here.