Business Opportunity
In recent years, data providers and brokers have acquired or built technical analysis programs to form one cohesive package. Data vendors and brokers without a technical analysis program are at a severe disadvantage. We are offering the opportunity to purchase a complete and working technical analysis program with a decade of deployed users which not only matches the competition but is superior to the competition.
Target Audience
Any individual who invests in the stock market using technical analysis. The program is easy enough for entry users to use the intuitive graphical interface to create trading systems within minutes but offers advanced users a large selection of customized tools.
Product Overview
Investigator is a technical analysis program that currently allows users to visually create trading systems for historical or end-of-day testing usually with ten keystrokes or less. An intraday version was successfully alpha tested using both the Signal desktop box and the Quote.com data feeds. The program comes with a demo disk and extensive help files.
Key features are:
- Visual interface for creating systems using industry standard indicators for historical, end-of-day, and intraday testing
- Visual editor to create bar, candlestick, and point-and-figure patterns by dragging bar areas
- An editor for creating user defined indicators that contains helpful function pop-up dialog boxes which prompt the user for function
parameters, making function memorization a thing of the past
- Full set of industry standard indicators
- Classical patterns such as Double Tops, Triple Bottoms and Trading Ranges are rigorously defined for system use
- Trend is also mechanically defined as Up, Down, or None
- User can create Relative Strength values over their own data and can create values for a new concept - Delta Relative Strength -
which shows which items are moving up or down the Relative Strength list rapidly during any user-defined time period
Product Specifications
The file size of Investigator is very small and one can easily download it over the Internet for purchase or include it on a CD-ROM. In addition, an interactive demonstration of the product is already built that can be used for marketing and support purposes.
- Program File size: 3 MB
- Help File Size: 500k
- Operating System: Windows 95 and above
- Built using C++ and MFC
Competition
Competing products to Investigator are PC-based programs such as AIQ, Metastock, Omnitrade and TradeStation, or internet based programs such as Trade-Ideas.com (Click here for comparison with Trade-Ideas.com). Investigator has most, if not all, of the features of the PC-based competition such as MetaStock and TradeStation. The five main competitive advantages that are unique to Investigator are:
- An almost zero learning curve for end users to create systems and bar patterns due to Investigator’s visual editors.
- Users can easily download new bar patterns, indicators, and systems over the internet without having to hit a key (rather than clumsily
copying and pasting or typing, both of which are error-prone).
- Users get statistically significant results while testing futures due to Investigator’s futures lookup table, which allows users to test over
- Users also get more reliable statistics since Investigator will not include any file for testing that has bad data. Competitors allow these,
multiple files. Competitors allow futures testing over just one future at a time, providing useless results.
files to be included in testing, providing the end user with invalid results.
- Investigator frees up users time by having fully automated systems that not only tells users when to enter trades but also when to
change stops and when to exit trades, unlike the competition which only tells users when to enter trades.
These five key features make Investigator by far the easiest and most reliable program to use in the marketplace. This product expands the audience that wants to use technical analysis but did not previously use existing products in the marketplace because one had to learn programming languages to create systems.
History of Product
Investigator was launched in 1997 and has gained great reviews and a strong following by both its customers and by the industry. Though the creator of Investigator has continued to build the customer base through light advertising and word-of-mouth, he believes that marrying Investigator with a broker with more significant market awareness will enable Investigator to achieve its true market share potential. The creator is thus looking to sell the full intellectual property and business rights of Investigator to an established company that has the existing marketing, physical distribution, and customer base that would enable Investigator to achieve its potential. The creator would entertain a long-term relationship with the acquirer of Investigator.
About the Creator
Jeff Mills graduated from Pomona College with a bachelor’s degree in Economics in 1985. His first job at Ford Aerospace involved mathematically proving the correctness of programs (with a Secret security clearance). He later worked at Tandem Computers, the Santa Cruz Operation, and finally at Adobe Systems, where he was the sole support engineer for IBM and the sole technical trainer of the PostScript and Display PostScript programming languages. In 1993, he left Adobe to focus on the creation of Investigator.
He’s been trading stocks and options since 1987.