Fibotrader : An Excellent Free TA Software

soumya_b · #**221** 10th September 2006, 04:57 PM

Quote:

Originally Posted by Fibotrader

2nd:
1. change compared to what?

Previous day's close.

gobatman2001 · #**222** 11th September 2006, 11:58 AM

Quote:

Originally Posted by soumya_b

Let, take Cipla as a example. On 24th April 06 it was splitted in the ratio of three equity shares for every existing two equity shares i.e. 2:3 (Cipla issued bonous shares).

1. Open QuoteMan -> Tools -> Secutities administration -> Symbol management -> Select symbol...
2. In the Search phrase write Cipla -> Start search -> double click on Cipla in search results.
3. Additional -> Splits.... -> New entry... ->Date : 4/21/2006
Factor : 0.4 -> ok.
4. Select 4/21/2006 - 0.4 (not executed yet) -> Execute split -> close.
5. Now the stock is split adjusted.

There is another direct way to split stock through :
Quote management -> Detect split -> Current symbol.
This process will only work when the stock is splitted in
a simple ratio i.e. 1:1, 1:2,1:5,..... But it will not work when
the splitting ratio is different,take cipla as a case.

How to find Factor in the case of bonous: suppose a company issued bonous in the ratio of x:y i.e. y numbers equity shares for every existing x numbers equity shares.
Now, Factor = x/x+y

Happy Trading,
Soumya

Hi!

I recently had a problem with adjusting splits & bonuses and because of that, spent a lot of time in restoring my data to the proper state.

I was also in touch with Robert at Fibotrader Support & he gave me a few suggestions that I would like to share with you. I would also like share my suggestions, which you may take or throw out of the window

1) My 1st suggestion would be not to run the automatic split search in Fibotrader & execute the same. The reason being, as Soumya mentioned above, there are certain stocks that Fibotrader does not calculate the splits correctly.

What you can do is:
a) From the NSE website (Corporate Action), get the data where the companies have announced stock splits & bonuses

b) Look for the splits & bonuses that are not common (Cipla as an example)

c) After manually adjusting the splits bonuses for the non common ones, then, run the scan in Fibotrader

2) If on the same date, there is a company that has announced a split in the ratio of 10:5 & a bonus of 1:2, the factor for the split would be 0.5 & the factor for the bonus be 0.66

Instead of creating 2 entries, what you can do is multiply the ratios, 0.5*0.66 = 0.33. So, you create just 1 entry with 0.33

3) When one adjusts for splits & bonuses manually, one can see the option to undo the split. If you create a wrong split by mistake, you can undo it.

When Fibotrader executes a split automatically, you cannot see the option to undo it. To undo the split, one needs to enter the reverse split (e.g. 2 instead of 0.5). Internally no split entry is created.

*** Points 2 & 3 have been suggested by Robert.

Hope this helps you in the future ...

Thanks & regards,
Amit

Satyen · #**223** 12th September 2006, 08:06 PM

Hi soumya and Fibotrader,

i update the fibo software as said by fibotrader by going preference and then update . then i run the filter with same condition
i.e
1-close shall be less than 20 in last 5 days
2-close shall be greater than 10 in last 5 days

within NSE folder

i got 61 results and checked that every scrip and found they satishfy the filter condition

plz confirm is there 61 scrips within 10- 20 range

many many thanks to Fibotrader and soumya for their selfless work

again i want to take back up of this updated fibo software so that in future if there is a mishapening to my pc(sys crash ) then i could use this back up software

plz guide how to do this

Thanks Again

pinku

soumya_b · #**224** 12th September 2006, 10:27 PM

hi Robert,

Merge and Split is not working for intraday data.

thanks,
soumya

asnavale · #**225** 13th September 2006, 08:44 PM

Quote:

Originally Posted by soumya_b

this is not the one man's job my dear

.

thanks,
soumya

Hi Soumya,

I did not mean to tell you that you should adjust the data for splits and bonuses. I was just trying to find out whether it has been done. If the data provided is 'as is' then I will be applying the necessary correction. Even if you answered no, it would have simplified my job because I would then know that I have to do it for all stocks. Otherwise I have to search each stock, verify it and do the correction. From your answer I presume that the adjustments are not done and proceed to do it myself.

Thanks for introducing all of us to this wonderful software.

-Anant

Fibotrader · #**226** 15th September 2006, 12:33 AM

Quote:

Originally Posted by soumya_b

hi Robert,

Merge and Split is not working for intraday data.

thanks,
soumya

It was indeed never implemented but will be from the next beta.

humnawa · #**227** 15th September 2006, 10:47 PM

pls downoad the updated version 11/09/2006
humnawa

Satyen · #**228** 16th September 2006, 12:09 PM

Hi soumya, Fibotrader

Recently i encountered a problem in filter but after updating fibo as told by fibotrader it was solved

so if in future if my sys crashes then where can i get this updated version of fibo . as i have back up of the old version

plz reply

Agin to soumya

how can i update future data from yahoo group . what are the changes to be made or how can i update daata from nse/bse site also

plz tel how to do this

waiting your reply
thanking u
pinku

Fibotrader · #**229** 16th September 2006, 02:05 PM

Quote:

Originally Posted by satya_pinku2003

Hi soumya, Fibotrader

Recently i encountered a problem in filter but after updating fibo as told by fibotrader it was solved

so if in future if my sys crashes then where can i get this updated version of fibo . as i have back up of the old version

plz reply

Agin to soumya

how can i update future data from yahoo group . what are the changes to be made or how can i update daata from nse/bse site also

plz tel how to do this

waiting your reply
thanking u
pinku

You can always get the newest version by selecting Preferences/Update.

bskjain · #**230** 16th September 2006, 04:34 PM

dear soumya.

i m thankfull to u for fibotraders guidelines. now i am able to view charts, updates and started working on it.

i wanted to know how to change bacground colurs , indicator colors in new templetd if we create.

i want to create a templete with 14dema, force index, candlestic pattern ( not all ) and macd. i was able to create templet and view stocks individually. but wish to have this as filter to scan my watchlist/folder.

i want to have buy signal conditinal 1. candlestick pattern, condition 2 price crosses/remain above 14dema , condition 3 force index remain positive . like wise sell signal.

.

i m new to this software, not well versed with computers(only knows operating fundamentals) .

i request u to help, at ur ease (not urgently)

with unlimited thanks & regards
skjain

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