Stock Charting Software

Hi,

As you are aware charting software is an essential tool for Technical Analysis and there many tools available like web based and stand-alone tool.

ChartNexus is a free charting software that can be installed on a pc and it comes with 3 years of data free of cost.

http://www.chartnexus.com/

Price data needs to be downloaded on a daily basis and it usually takes approx. 3 mins for download and once it is complete searching stocks is very fast. I use this tool as a backup charting software to find good stock patterns.

Please share any other tools that you have used or using.

 

Hi,
Chartnexus is good software but no scanning facility. We have to go each and every chart and see the price patter or as support resistance.
I am using Amibroker EOD software in which we can scan as per our strategy.

 

There are few add-on modules available for ChartNexus like XPertTrader for screening stocks and there is a monthly cost for this module. More details available at below url

http://www.chartnexus.com/software/xpt_content.php

Support & Resistance module for auto drawing of S&R on charts and alert once the S&R breaks.

 

Thanks Ravi for your information but for that addon module we have to pay 1670.72/month.

 

Agree though not everything will be available foc as there is no free lunch.
If it is free then we may have to compromise with quality. This is my opinion and many may not agree with this

 

Yes Raviraj,
I agree with you
Thanks

 

please reply if you know, what is the difference between share khan(trade tiger) and icici (trade racer) compare with chartnexus and amibroker charting tools.

thanks,
Siva.

 

please let me know, if you want to buy charting tool which one you prefer of these amibroker or chartnexus.

thanks,
siva.

 

Do Interactive Brokers provide the real term intraday data also ? if so, please let me know how to contact them to subscribe.

Thanks,
Siva.

 

Hi Shabbir

Do you know of any s/w that provides lower time frame charts as well? Chartnexus does not. It sometimes may help if there are hourly charts available besides EOD. I somehow dont trust Sharekhan data.

 

Hi Siva,
I've done lots of research on charting software & data provider for lower time frame and it will cost more when comparing to EoD data.
My personal preference is eSignal to be the best when comparing other providers as it includes data as well.
Next is NetDania charts which is web based charts
http://www.netdania.com/

I couldn't recommend other data providers or charting software as few couldn't be installed easily and were not stable/reliable.

 

Hi Shabbir and Raviraj,

Thank you so much ....... both of youleased:

1. I used to do till day before yesterday, select the stock from excel and copy to chart tool and analyse it ... wasted so much of time ... from yesterday onwards ... created a workspace for all of my desired stocks in ChartNexus and analysing by EOD ... it saves lots of time to me and the visibility of the charts are so good compare to others.

Again many thanks to you, suggested this site to me.

@ravirajpr,

2. Just now I saw this site www.netdania.com and it is very use full for shorter time frame.

Many thank to youleased:

Thanks and Regards,
Siva.

 

I've come across another free web based EoD charting tool available at

http://www.marketcalls.in/charts

This is currently in beta version and seems intraday timeframe will be added soon. The look and feel and drawing tools are great as it is sourced from TradingView charts.

I had noticed some of my friends pulling free data from Yahoo into excel and then plug-in to their charting software. My advice to them was to concentrate more on the strategy & emotions as it is very important as they were trying to reinvent the wheel as of EoD data is readily available for just Rs 10k per annum which is around 850 p.m.

 

Any one subscribed to Investar, any review?