Spearfish, South Dakota (May 22, 2022) – In an effort to become the leader in the trading indicator industry, Chart Prime has finalized a deal to acquire Vital Algo Trading. As a pioneer in the field, Vital Algo has developed industry-leading technology that focuses on utility over a "get rich quick" mentality. This like-minded acquisition allows Chart Prime customers to access the tools they need to become better traders. Chart Prime, offered exclusively through the TradingView platform, makes life as easy as possible for traders.
Acquisition and New Product Launch
"At Chart Prime, we put considerable emphasis on the concept of confluence, which is the combination of multiple strategies and ideas into one complete strategy," said Alex Fernandez, who heads up Chart Prime. "All of our indicators are designed with customization and synergy in mind. Traders can easily develop their own winning strategy by simply requiring that a few of our many signals be present before making a trade. Scalp traders, swing traders, and even investors looking for a good time to buy in and 'HODL' long term can all benefit from Chart Prime's impressive trading suite."
Using Vital Algo's technology as a backbone, Chart Prime has launched a new product featuring four intelligent indicators with many impressive new features, including:
Peak Seeker V2.0 – This is a very robust fully customizable indicator complete with two different algorithms to choose from. Each algorithm performs complex calculations to find perfect trade entries near tops and bottoms. They add a strong layer of confluence to any trading strategy.
Pattern Detection – Chart Prime's pattern detection feature is programmed to accurately detect wedges, triangles and channels that may slip under your radar. In the future, Chart Prime will add the ability to extrapolate breakout targets, in addition to many other patterns and harmonics.
Trend Detection – Chart Prime's trend detection feature provides a foolproof method to receive confirmation and warning of trend reversals. Traders can choose from trend mode, reversal mode, or both modes at once. This indicator can be customized to accommodate various trading frequencies.
Dynamic Support and Resistance – Chart Prime's complex support and resistance algorithm automatically plots your support and resistance lines for you, dynamically changing according to areas of high support and resistance.
Innovative Features
In addition, Chart Prime introduced several innovative features to enhance trading insights:
External Equity Market Influence Indicator – Understanding that cryptocurrency markets are inextricably linked to traditional equity markets such as NASDAQ and S&P 500, Chart Prime has created an algorithm that takes this into consideration to produce external market "buy" and "sell" pressure warnings on any crypto trading pair. This allows traders to keep their finger on the pulse of activity affecting crypto price action.
Correlation Strength Dashboard – Chart Prime's dashboard indicator gives traders the direction and strength of key correlations between certain assets, helping guide them in trading decisions. This dashboard takes assets, indices and commodities into consideration.
Custom Oscillator – Marrying some of the most prominent and dependable oscillators on the market, Chart Prime's oscillator gives traders an edge on the competition. It shows divergences that go undetected on traditional indicators like the MACD and the RSI, as well as showing overbought and oversold signals not apparent on other traditional oscillators.
Traders interested in Chart Prime can sign up now through June 30, 2022 to receive a 20% discount on their first payment with coupon code: CPPRESS22. To learn more about Chart Prime, visit chartprime.com or check out a live stream with their indicators in action.
About Chart Prime
Chart Prime is a trading indicator service with a mission to provide everyday traders with the useful tools they need to improve their skills. Specializing in crypto, stocks and commodities, Chart Prime's robust and intelligent technology helps serious traders gain the edge they need over the competition. Chart Prime offers its comprehensive services for a low monthly fee. For more information, visit chartprime.com.