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The Guide

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  #1  
Old 27th July 2004, 12:34 AM
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Default The Guide

Hi

It is nice to see an Indian Forum on TA and stuff.I am a member of lots of online communities on trading and always wanted something similar closer to home.I have done a lot of research on technical side of markets on the internet recently and I would like to share them here with you all.

So to begin I would like to start with software

A nice inexpensive TA software comparibly
Amibroker
http://www.amibroker.com
Nice interface,system building and testing,custom language.About129$
Free 30 day trial
http://www.amibroker.com/download.html

For Advanced System Building
WealthLab3 (uses Pascal)
http://www.wld3.com
Also Neurolab for neural networks,MonteCarloLab for MonteCarlo Simulation and IndexLab for customised Indices.
It also supports Medved Quotetracker for intraday data
Free trial
$650

For Neural Networks
Trading Solutions
I like this one the best among Neural Networks.It trains on historical data to predict future price movements.Pretty Expensive $950 Free Demo
http://www.tradingsolutions.com

Now for trader training
http://pricemotion.com/
They offer a simulator which is terrific for learning day trading.15 day trial

Dynamite Sentimentor
It is a sentiment reading software,I found it to be excellent in simulation mode.give it a try.15 day trial
http://www.fipertec.com

The list is endless and this was just the beginnig.Keep checking I will post more.If you have anything to ask just post a reply

Thanks


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  #2  
Old 27th July 2004, 07:25 AM
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Default Re: The Guide

Hi CreditViolet,

Welcome to traderji.com

I had tried using amibroker as a replecement to MetaStock, but found the interface and language a little stiffling when comarped to MetaStock which I am now using.

I understand that Amibroker is a much more versatile program compared to MetaStock but the learning curve is a bit too steep.

I will give the price motion and dynamite sentimeter a try as they sound kinda interesting.
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  #3  
Old 31st July 2004, 01:15 PM
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Default Re: The Guide

I Would like to know if there is any software support on Indian Stocks which would show the formation of candlestick patterns live on daily basis along with other parameters like volume , stochastics , RSI , bOLLINGERBANDS ,etc.( features on metastock )
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  #4  
Old 31st July 2004, 02:13 PM
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Default Re: The Guide

You can use MetaStock Pro with a live data feed of Indian Stocks & Indices from a data service provider like viratech.
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  #5  
Old 6th August 2004, 12:13 AM
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Default Re: The Guide

Wares there are many but all depends on the data put into it.Wealth-lab supports custom made data source.So does amibroker but there is a serious limitation on quality real time data
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  #6  
Old 30th August 2004, 12:30 AM
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Lightbulb Re: The Guide

Time to update

Complete Technical Analysis software within Microsoft Excel.Extremely easy to use.10 day trial
www.analyzerxl.com

A host of TA and trading related software can be found at
www.ashkon.com

Data downloader and converter.Trial available
www.datasharks.biz

Automatic trading system.Trial available
www.dreamtai.com

Fibonacci Levels trading software.Trial available
http://www.fibonaccisolution.com
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  #7  
Old 30th August 2004, 08:03 AM
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Default Re: The Guide

Anil,
How did you load bse nse symbol data in metastock with smart downloader.Is there any data file .One by one inclusion is time consuming
Thanks
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  #8  
Old 10th September 2004, 01:11 AM
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Default Re: The Guide

Hello cdrin
I dont use smartdownloader.I use HQuotes Pro to download EOD data from *****.
To get the complete ***** ticker list go to ***** india finance site.Copy the component list of Nifty or Sensex on to Excel and then paste it into wherever it is required
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  #9  
Old 10th September 2004, 01:17 AM
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Default Re: The Guide

Here is a list of trading software that use Elliott Wave Analysis
The Premium One
http://www.esignal.com/advancedget

Another good and expensive one
http://www.elliottician.com

This one is good too.Very Detailed
http://www.prognosis.nl

More
http://www.mtpredictor.com

Richard Miners Offering
http://www.dynamictraders.com
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  #10  
Old 5th October 2004, 12:38 AM
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Default Re: The Guide

New Amibroker released Actually many days ago
Check out and update
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