Dukascopy
It has become a common occurrence to treat all systems that are trying in one way or another to predict the nature of market fluctuations or facilitate to one his attempts to do so with a certain degree of suspicion.
Sadly enough, this suspicion is somewhat grounded in reality since many of such systems are indeed elaborately constructed fakes that are as different from serving their stated purpose as chalk from cheese.
Unfortunately, it often happens that this universally shared sentiment hides from public gaze organizations that set themselves a true goal of making technical analysis as widely publicly accessible as possible in general and as predictable as possible in particular.
Dukascopy is one of the most conspicuous of such organizations.
The company was founded by Dr Andre Duka, an extraordinary person who has devised a new branch in technical analysis: the Dukascopy theory.
The theory posits that all substances no matter how big or small are subject to one universal law in their development.
According to an application of this theory, the laws of quantum physics can be applied in the field of technical analysis, which essentially means that what seemed to be a chaotic set of rules and guesses becomes more like a rigorous science.
In order to substantiate his theory Dr Duka founded an Internet company and introduced Dukascopy Deal Station—a Java-based applet that works on the basis of quantum physics methods in technical analysis.
While elaborating his theory and testing its premises in real life Dr Duka and his team have achieved truly amazing results: the average success rate of trading using the Dukascopy applet is over 70% at the moment.
And this is not the end, because the Dukascopy theory has only started achieving its heights in the field of technical analysis exploration.
At the same time, the company has set itself a goal of sharing the fruits if its scientific research and investigation with the entire world, because it believes in the concept of unhindered and free access to any kind of information, which includes free and unhindered access to financial information.
The structure and format of Dukascopy Deal Station is tailor-made to achieve this objective.
First of all, the system does not require any lengthy installation procedure and can run directly from the Internet, which makes it exceedingly convenient for users from all over the world who are able to download it in all its entirety and take advantage of all its powerful capabilities at any moment in time.
Besides, the internal structure of the Station is extremely user-friendly.
It provides its users with ample opportunity to fully engage in the conventional technical analysis by providing them with a comprehensive array of technical analysis tools featuring support and resistance lines, moving averages, oscillators and other elements that facilitate for traders the process of venturing into the realms of unpredictable financial fluctuations.
Also, within Dukascopy Deal Station the users are introduced to the new methods of working with these tools, which further helps them to feel comfortable with the system and employ its capabilities in the full measure.
In particular, the Station designers broke away from the tradition of setting trading orders on the basis of current market conjuncture and price by creating a possibility of generating a “complex condition” on the part of the user that allows the latter to enter the market only on completion of certain conditions that are set in advance.
The complex condition is set with the help of the Click-Curve language that is based on simple straightforward logical principles and that can be mastered even by a complete novice in the field of technical analysis in no longer than 5 minutes.
Not only does the presence of the Click-Curve language enhance the users’ technical capabilities in setting trading orders, it also provides them with an opportunity of executing these orders in absentia.
Using the option of “complex condition”, provided by the system, the users are able to set trading orders and then log off from the system; their orders will still be processed, which dramatically increases the overall convenience of Dukascopy Deal Station for them.
Another valuable feature of Dukascopy Deal Station is its back-testing system that makes it possible to test various technical analysis strategies on historical data with the objective of applying these strategies in the present situation.
This feature proves to be extremely helpful not only for experienced analysts who test their sophisticated schemes bit also for ordinary users who simply would like to trace the development of some particular trends on the stock market with the objective of gaining knowledge and experience.
One unique thing about this back-testing system is that it allows one to check the historical development of a particular quote against that of the other quote alongside allowing one to analyze this historical development with the time step ranging from as short as 10 sec to as long as one month, which tremendously boosts analysis capabilities.
However, it is an opportunity for the Station’s users to carry out unconventional discrete technical analysis that raises the Station above all other similar products and makes it especially appropriate for the purposes of the experiment.
Within the system the users have an option to transform ordinary real-time chart into a Duka (increment-change) that changes its value depending on the price change and regardless of the time change.
The Duka chart is generated on the basis of quantum physics methods and its use in many ways accounts for the stunning success rate of the system mentioned earlier.
Undoubtedly, this system feature has a bright future and the system creator assigns it a major role in the revolution in technical analysis that Dukascopy Deal Station is going to bring about.
In fact, this revolution has already started and is rapidly developing.
Dukascopy Deal Station is now being linked to banks with the help of a specially devised banking platform and is being upgraded with numerous new quotes, which all allows it to reveal its tremendous potential in the field of technical analysis and apply it in real life.
The company is looking to the future with hope.
Its staff are determined to make technical analysis accessible to every user and also make it an area of “fair play”, where everyone will have equal chances of winning or losing and where success or failure will depend only on the skills and knowledge of the participant whoever he might be.
They also believe that for the sake of being able to level the playing field for all participants of the trading process regardless of their institutional or public status the company should always remain the provider of technical instruments for carrying out technical analysis and never become a trading system itself.
Thus it will be able to uphold the maximum level of public fairness.
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