A poorly designed application would lead to huge losses for the company. This was the task given to Eric Weinstock. Weinstock selected PV-WAVE for its 2D and 3D data visual display functions and the statistical capabilities that best suited his needs. Chartix continuously queries a central database, which feeds back Reuters or Telerate data in real time. Selecting a particular financial graph type such as histogram, curve, bar chart or historic volatility diagram, the trader can view up to 5,000 values in real time.
Pretty pictures are useless without mathematical and statistical analysis and interpretation.
Chartix integrates a host of utility programs developed using PV-WAVE that allow the trader to realize the highest possible financial return. On the basis of their experience, traders use movement of the markets to determine whether to buy, sell or stick. Chartix gives them insight regarding the market by allowing them to view statistical and mathematical operations carried out on the market data as curves superimposed onto the original graph. Current and average values and statistical functions such as standard deviations. Mathematical functions allowing the trader to input formulae for immediate comparison and analysis.