Spearfish, South Dakota – May 22, 2022 — Chart Prime, a trading indicator service provider, announced today the completion of its acquisition of Vital Algo Trading, a move aimed at consolidating algorithmic expertise to create a leading indicator platform. Immediately after closing the deal, Chart Prime launched a new suite of intelligent indicators built on Vital Algo’s technology, offering traders a more comprehensive set of analytical tools.
Acquisition Rationale
Alex Fernandez, head of Chart Prime, stated: “At Chart Prime, we put considerable emphasis on the concept of confluence — combining multiple strategies and ideas into one complete strategy. Vital Algo’s focus on utility over a ‘get rich quick’ mentality aligns perfectly with our philosophy.” The acquisition enables Chart Prime customers to access Vital Algo’s industry-leading algorithms, enhancing their trading decisions.
New Indicator Suite Features
The newly launched product integrates seven core features, all powered by Vital Algo’s engine:
1. Peak Seeker V2.0 – A highly customizable indicator with two different algorithms that perform complex calculations to identify ideal entry points near tops and bottoms, adding strong confluence to any strategy.
2. Pattern Detection – Automatically detects wedges, triangles, and channels that might go unnoticed. Future updates will include breakout target extrapolation and additional patterns and harmonics.
3. Trend Detection – Provides reliable confirmation and reversal warnings. Users can choose trend mode, reversal mode, or both, and customize the indicator for different trading frequencies.
4. Dynamic Support and Resistance – Automatically plots support and resistance lines that adjust dynamically based on areas of high volume, eliminating manual drawing.
5. External Equity Market Influence Indicator – A unique algorithm that factors in the impact of traditional markets (S&P 500, NASDAQ) on crypto pairs, generating buy/sell pressure warnings to help traders understand macro forces affecting cryptocurrency price action.
6. Correlation Strength Dashboard – Displays the direction and strength of correlations among assets, indices, and commodities, aiding multi-asset trading decisions.
7. Custom Oscillator – Merges several proven oscillators to reveal divergences that traditional MACD and RSI miss, as well as overbought/oversold signals not apparent on other tools.
Limited-Time Offer
New users can receive a 20% discount on their first payment through June 30, 2022, using coupon code CPPRESS22. Chart Prime is available exclusively on the TradingView platform. For more information, visit https://www.chartprime.com or watch a live stream showcasing the indicators.
About Chart Prime
Chart Prime’s mission is to provide everyday traders with the useful tools they need to improve their skills. Specializing in crypto, stocks, and commodities, Chart Prime’s robust technology helps serious traders gain an edge. The service is offered at a low monthly fee.
This is a press release. Readers should perform their own due diligence before taking any actions related to the promoted company or its affiliates.