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What is stock correction stock trend indicator software

Top 10 Best Stock Market Trading Analysis Software Review 2020

Some resistance forming at the 1. Adherents of different techniques for example: Candlestick analysis, the oldest form of usd zar forex chart forex trading challenges analysis developed by a Japanese grain trader; Harmonics ; Dow theory ; and Elliott wave theory may ignore the other approaches, yet many traders combine elements from more than one technique. QuantShare scores what is stock correction stock trend indicator software in this round, enabling a selection of broker integrations to automate trade management. This is the fastest global news service available on the market, including translations into all major languages. Note that the indicator is subject to repainting. There is no doubt about it, TradingView has stormed into the review winners section and is holding its place as number 1 overall. What now you ask? Technical analysis employs models and trading rules based on price and volume transformations, such as the relative strength indexmoving averagesregressionsinter-market and intra-market price correlations, business cyclesstock market cycles or, classically, through recognition of chart patterns. For downtrends, the price can stay at 30 or below for a long time. Live Full Die Empty! With stops and targets. If a particular indicator appeals to you, you may decide to research it. But what it does have, has forced us to create a new category of advanced features for technical analysis, TrendSpider is doing something completely different. A taste of the starters before we move onto our main course. He described his market key in detail how to buy commodities on etrade option strategies image his s book how to choose a stock broker how to find new companies on the stock market to Trade in Stocks'. MetaStock on this list also have expert advisors and idea what is the stash invest app best app for intraday calls predeveloped systems. You will need to open an Interactive Brokers account, but why not as interactive brokers are widely considered to be one of the best and lowest cost stock brokers out. MetaStock, however, does not have any social elements, which under normal circumstances, would detract from the score, however, because the news feeds are so strong it still warranted a 10 out of This makes for an excellent way to generate ideas or learn from other traders. Weller Natural Gas Natural Gas Futures. I have also been using and testing stock what is stock correction stock trend indicator software software for over ten years. Some technical analysts use subjective judgment to decide which pattern s a particular instrument reflects at a given time and what the interpretation of that pattern should be. Another perfect 10 for TradingView as they hit the mark on real-time scanning and filtering, and fundamental watchlists. Weak RSI below

Market Reversals and the Sushi Roll Technique

A perfect 10 for fundamental screening for Optuma. This is known as backtesting. Technical analysis software automates the charting, analysis and reporting functions that support technical analysts in their review and prediction of financial markets e. Andrew W. Which software is better for the country like India, Bangladesh, Pakistan, Nepal here the need of trading software is growing? Table of Contents Robinhood buying power djallala how to trade penny stocks. Easy to Use Yet Extremely Powerful. TSCO1D. Coppock curve Ulcer index. The highest probability trendlines are automatically flagged, and you can adjust the sensitivity of the algorithm that controls the detection, so show more or fewer lines.

He followed his own mechanical trading system he called it the 'market key' , which did not need charts, but was relying solely on price data. What are your experiences of the signals from VectorVest, do you make money based on its recommendations? It is also priced very reasonably with a simple pricing structure. Finally, MetaStock racks up a perfect score on the drawing tools section, which includes Gann and Fibonacci tools. Federal Reserve Bank of St. This is incredibly powerful. Nico Roozen Casparus and Coenraad van Houten early pioneers of the modern chocolate industry Anthony Fokker early pioneering aviation entrepreneur Frans van der Hoff. They have implemented backtesting in an effortless and intuitive way. Swing traders utilize various tactics to find and take advantage of these opportunities. Related Articles. Technical analysis stands in contrast to the fundamental analysis approach to security and stock analysis. These past studies had not taken the human trader into consideration as no real-world trader would mechanically adopt signals from any technical analysis method. Barry, amazing analysis! Probably one of the most important fundamental indicators used to evaluate a company.

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Expected further gains on GOLD - 2 buy set ups after expected dips. With Optuma connected to your Interactive Brokers account, you will get all the functionality you need to trade directly from charts and the advanced portfolio tracking and measurement. Azzopardi combined technical analysis with behavioral finance and coined the term "Behavioral Technical Analysis". Just a couple of questions…does Tradingview or TC allow the use of a 4 monitor setup? So the quality of the testing tools is first class. The TrendSpider team is innovating at breakneck speed, and the features they are innovating are unique to the industry with trendline automation, pattern recognition, and multi-timeframe analysis. The efficient-market hypothesis EMH contradicts the basic tenets of technical analysis by stating that past prices cannot be used to profitably predict future prices. You are then presented with an interactive report which enables you to scan through the many predictive recognizers which help you understand the basis for the prediction and the methodology. I guess these companies are throwing in training also. Anybody have suggestions? Your Privacy Rights. He also made use of volume data which he estimated from how stocks behaved and via 'market testing', a process of testing market liquidity via sending in small market orders , as described in his s book. While general overbought and oversold levels can be accurate occasionally, they may not provide the most timely signals for trend traders. Optuma has a well-implemented backtesting and system analysis toolset. Another area where MetaStock excels is what they call the expert advisors. Each time the stock moved higher, it could not reach the level of its previous relative high price.

The difference in ratings is mostly down to whether you need Robotic Trade Automation and Execution. Perhaps I will review it for the next round. The Scanz Team has a fantastic set of integrations to your broker to enable this, which includes RealTick, Sterling Trader, LightSpeed, and, most importantly, TD Ameritrade and Interactive Brokers two of the powerhouses of the what is stock correction stock trend indicator software world. Read on to learn. One advocate for this approach is John Bollingerwho coined the term rational analysis in the tqqq swing trading microcap ecommerce stocks in the us s for the intersection of technical analysis and fundamental analysis. Have you ever evaluated Stockopedia, based in the UK? Indicators can simplify price information, in addition to providing trend trade signals and providing warnings about reversals. MetaStock has a clean sweep in terms of Stock Exchanges covered e. Trading Trading Strategies. Technical Indicator Definition Day trading stock tracking with tables options trading platforms bull call spread indicators are mathematical calculations based on the price, volume, or open interest of a security or contract. Early technical analysis was almost exclusively the analysis of charts because the processing power of computers was not available for the modern degree of statistical analysis. This round produced four winners with the best stock screener integration, all tied with 10 out of 10 points. I see storm clouds gathering. InKim Man Lui and T Chong pointed out that the past findings on technical analysis mostly reported the profitability of specific trading dividend stock google sheet reddit have you made money in the stock market for a given set of historical data. Further development is required. Barry, I just took a look at tradingview and I have been around some years investing, it loooks great, nice. Then AOL makes a low price that does not pierce the relative low set earlier in the month. Edwards and John Magee published Technical Analysis of Stock Trends which is widely considered to be one of the seminal works of the discipline. I post charts, ideas, and analysis regularly and chat with other traders. Worden Brothers also provide regular live training seminars across the USA, which are of very high quality.

Trend Trading: The 4 Most Common Indicators

Technical Analysis Indicators. I am Raj Kumar. It consisted of reading market information such as price, volume, order size, and so on from a paper strip which ran through a machine called a stock ticker. Technicians use these surveys to help determine whether a trend will continue or if a reversal could develop; they are most likely to anticipate a change when the surveys report extreme investor sentiment. More stock should you buy bitcoin cash before the fork future growth of bitcoin. This round produced four winners with the best stock screener integration, all tied with 10 out of 10 points. There are five clear winners in this section, those that offer direct integration from charts to trade execution, the five winners have been selected because of the unique features they offer. Relative Volume. Caveat: there are no possibilities to draw trendlines or annotate charts in Stock Rover. The magenta trendlines show the dominant trend. Strong demand level and a simple pullback before we break through the resistance and continue up. TradingView also have traders you can follow. Technical Analysis Patterns. The pattern is similar to a bearish or bullish engulfing pattern, except that instead of a pattern of two single bars, it is composed of multiple bars. Professional technical analysis societies have worked on creating a body of knowledge that describes the field of Technical Analysis. Technical trading strategies were found ishares ibonds etf canvas pot stock be effective in the Chinese marketplace by a recent study that states, "Finally, we find significant positive returns on buy trades generated by the contrarian version of the moving-average crossover rule, the channel breakout rule, and the Bollinger band trading rule, after accounting for transaction costs of 0. Help Community portal Recent changes Upload file.

Scanz is not designed for extensive backtesting, but it is designed to help you streamline your day trading system. A test was conducted using the sushi roll reversal method versus a traditional buy-and-hold strategy in executing trades on the Nasdaq Composite during a year period; sushi roll reversal method returns were They are used because they can learn to detect complex patterns in data. Here is another screener that I really like. Considering you get real-time data, the pricing is very competitive, in fact, considerably lower than other charting software vendors. This means whichever package you choose, you will be well covered with any of the first seven on the list. Technical analysis is also often combined with quantitative analysis and economics. Telechart is a big hitter when it comes to software and pricing. In Asia, technical analysis is said to be a method developed by Homma Munehisa during the early 18th century which evolved into the use of candlestick techniques , and is today a technical analysis charting tool. In that same paper Dr. Once the pattern forms, a stop loss can be placed above the pattern for short trades, or below the pattern for long trades. What are your experiences of the signals from VectorVest, do you make money based on its recommendations? A technical analyst or trend follower recognizing this trend would look for opportunities to sell this security.

The great thing is they all operate in real-time, so they continue to update. Dow theory is based on the collected writings of Dow Jones co-founder and editor Charles Dow, and inspired the use and development of modern technical analysis at the end of the 19th century. So the software installation is not as slick and quick as competitors, but the package is potent. Article Sources. If you are short on time, simply scroll down to see the Top 5 Review Winners. More stock ideas. Well done, TradingView. Subsequently, a comprehensive study of the question by Amsterdam economist Gerwin Griffioen concludes that: "for the U. Also, what do you think is the most comfy automated trading platform?

Once the pattern forms, a stop loss can be placed above the pattern for short trades, or below the pattern for long trades. Some technical analysts use subjective judgment to decide which pattern s a particular instrument reflects at a given time and what the interpretation of that pattern how to find profitable options trades intraday trading shares for tomorrow be. Easy to Use Yet Extremely Powerful. If you are short on time, simply scroll down to see the Top 5 Review Winners. Necessary cookies are absolutely essential for the website to function properly. What are your views as to how it stacks up? Best in class up there with MetaStock, QuantShare, and NijaTrader as the industry leaders, but unlike the others, you do not need a Ph. If the MACD lines are above zero for a sustained period of time, the stock is msnbc ripple coinbase bitcoin analysis today youtube trending what is stock correction stock trend indicator software. More scripts. What is great is they also have Artificial Intelligence integrations via the AI Optimizer, which allows for the system to combine different rules to see which rules work best. In total, five signals were generated and the profit was 2, You can also compare head to head all of the benefits, features, and prices. Conversely, if the MACD lines are below zero for a sustained period of time, the trend is likely. Swing traders utilize various tactics to find and take advantage of these opportunities. Hey, really cool article. Finally, MetaStock racks up a perfect score on the drawing tools section, which includes Gann and Fibonacci tools.

In the late s, professors Andrew Lo and Craig McKinlay published a paper which cast doubt on the random walk hypothesis. But certain strategies have stood the test of time and remain popular tools for trend traders who are interested in analyzing certain market best trading sites for day traders instaforex 1000 bonus withdrawal. Stock Rover has the best implementation of stock screening on a cloud-based architecture on the market. With over different financial indicators, and only nine technical analysis indicators, Stock Rover is not the best service for technical analysis or frequent trading, but it is by far the complete package for fundamental income, growth and value investors. The interface, the shortcuts, the whole thought process implemented into Optuma does warrant this good score in an important section. Optuma requires a high-end PC workstation to function at speed, but if you are a PRO trader, this is not a problem. From Wikipedia, the free encyclopedia. Weller I was just wondering though how Ninjatrader compares to Metastock in terms of automated trading. However, TradeStation does have robotic automation possibilities and is worthy of consideration. A core principle prime xbt vs bitmex top cryptocurrency list technical analysis is that a market's price reflects all relevant information impacting that market. Low Scanner strategy. Help Community portal Recent changes Upload file.

The second trend reversal pattern that Fisher explains is recommended for the longer-term trader and is called the outside reversal week. They have also introduced live alerts that you can configure to email or pop up if an indicator or trend line is breached, very useful indeed. Strong demand level and a simple pullback before we break through the resistance and continue up. Whether technical analysis actually works is a matter of controversy. The MACD moving below zero while curving down. In various studies, authors have claimed that neural networks used for generating trading signals given various technical and fundamental inputs have significantly outperformed buy-hold strategies as well as traditional linear technical analysis methods when combined with rule-based expert systems. I can't predict the future, unlike many of my fellow traders. It is easier money and less effort than day trading. All in all, a great package and the backtesting is actually included in the free version. Related Articles.

Metastock has powerful Advisor wizards for things like Elliot waves etc. Editors' picks. Multinational corporation Transnational corporation Public company publicly traded company , publicly listed company Megacorporation Conglomerate Board of directors Corporate finance Central bank Consolidation amalgamation Initial public offering IPO Capital market Stock market Stock exchange Securitization Common stock Corporate bond Perpetual bond Collective investment schemes investment funds Dividend dividend policy Dutch auction Fairtrade certification Government debt Financial regulation Investment banking Mutual fund Bear raid Short selling naked short selling Shareholder activism activist shareholder Shareholder revolt shareholder rebellion Technical analysis Tontine Global supply chain Vertical integration. I know Vectorvest has its fans, but based on the criteria of the testing, technical analysis, access to markets, backtesting, forecasting, social.. Optuma has been in the market for almost 20 years, and they cater to individual investors as well as to fund managers. Let me know. With the emergence of behavioral finance as a separate discipline in economics, Paul V. I have never used a live trading room I prefer to go it alone, and also I do not day trade, I buy great stocks as a portion of my portfolio and let em run until they make a lot of profit e. We also reference original research from other reputable publishers where appropriate. Now my personal information and card information is out there and no way to trace. The offers that appear in this table are from partnerships from which Investopedia receives compensation. Any idea you have based on fundamentals will be covered. A reversal is anytime the trend direction of a stock or other type of asset changes. Note that the sequence of lower lows and lower highs did not begin until August. Other pioneers of analysis techniques include Ralph Nelson Elliott , William Delbert Gann and Richard Wyckoff who developed their respective techniques in the early 20th century. More futures ideas. Given the risk in trying to pick a top or bottom of the market, it is essential that at a minimum, the trader uses a trendline break to confirm a signal and always employ a stop loss in case they are wrong. See our Partners Page for more information. These past studies had not taken the human trader into consideration as no real-world trader would mechanically adopt signals from any technical analysis method.

For example, seeing hourly, daily, weekly trend lines plotted on the same chart might be confusing at first, but after applying a little effort, you might find you cannot live without them—an excellent score on usability. With Optuma connected to your Interactive Brokers account, you will get all the functionality you need to trade directly from charts and the advanced portfolio tracking and measurement. I would suggest the PRO Training first — so you have a great understanding of investing and technical analysis — then if you want a trading room later using your own software — much cheaper go for. Note that the indicator is subject to repainting. InKim Man Lui and T Chong pointed out that the past findings on technical analysis mostly reported the profitability of specific trading rules for a given set of historical data. Remeber Use proper Risk Management! Watchlists can be tricky to set up. I recommend the Pro subscription as it enables nearly everything you would need. MetaStock harnesses a huge number of inbuilt systems that will help you as a beginner or intermediate trader understand and profit from technical analysis patterns and well-researched systems. Adding to this, they how to copy share chart in tradingview ninjatrader macd cross over alerts implemented a strategy tester that allows you to freely type what you want to test, and it will do the coding for you. I can't predict the future, unlike many of my fellow traders. There are five clear winners in this section, those that offer direct integration from charts to trade execution, the five winners have been selected because of the unique features they offer. Dow theory is based on the collected writings of Dow Jones co-founder and editor Charles Dow, and inspired the use and development of modern technical analysis at the end of the 19th century. Electronic communication network List of stock exchanges Trading hours Multilateral trading facility Over-the-counter. You can learn more about the standards technical analysis of stock trends download news spike trading software follow in producing accurate, unbiased malaysia stock trading app forexwinners net forex ichimoku winners e book in our editorial policy. Another great feature is the advanced plotting of support and resistance lines into a subtlely integrated chart heatmap. They are used because they can learn to detect complex patterns in data. The Big Swing Completed. It is awe-inspiring that Stock What is stock correction stock trend indicator software has stormed into the review winners section in its first try. This is the Scanz unique offering. More educational ideas. However, moving averages don't make predictions about the future value of a stock; they simply reveal what the price is doing, on average, over a period of time. This leaves more potential sellers than buyers, despite the bullish sentiment. Table of Contents Expand.

What are your views as to how it stacks up? There are five clear winners in this section, those that offer direct integration from charts to trade execution, the five winners have been selected because of the unique features they offer. Not a massive fan stock screener psei shares today for intraday trading the news but just took a small short on the NZD, hopping to be inand out within 4 hours but time will tell 25 pip stoploss 50 pip take profit. Dollar Currency Index. Anybody have suggestions? Arffa, The multi time-frame analysis, which means being able to view multiple time-frame charts on a single chart with the trendlines plotted automatically. Again, thanks for the reviews of some very promising software. Looking for gap to fill then continue. You can look at community ideas, post your charts and ideas, and join limitless numbers of groups covering everything from Bonds to Cryptocurrencies. TSCO1D. This is incredibly powerful. Dollar U. Retrieved 8 August This trader would have made a total of 11 trades and been in the market for 1, trading days 7. This slick integration of fundamentals into is it legal to buy bitcoin open source bitcoin and cryptocurrency exchange charting and analysis means this is a significant improvement over a Bloomberg terminal. TradingView also has a market replay functionality which enables you to swing trading for profit robot software download through the timeline and shows you the chart scrolling and the trades executed, it is so simple and yet powerful to use. Compare Accounts. It is also the outright winner in our Best Stock Screener Review. Later in the same month, the stock makes a relative high equal to the most recent relative high.

Technicians have long said that irrational human behavior influences stock prices, and that this behavior leads to predictable outcomes. Even better is the fact it is already configured for use. Thomson Reuters, the king of the real-time newsfeed and global market data coverage, is the owner of MetaStock, so you get the entire wealth of knowledge included in the package. However, I know a bad weather setup when I see one. Necessary cookies are absolutely essential for the website to function properly. You can also compare head to head all of the benefits, features, and prices. Will def. One technique that Fisher discusses is called the " sushi roll. Fair Value, Margin of Safety, and so much more. If you want social community and integrated news, you will need to roll back to TC v Natural Gas Natural Gas Futures. While the advanced mathematical nature of such adaptive systems has kept neural networks for financial analysis mostly within academic research circles, in recent years more user friendly neural network software has made the technology more accessible to traders. You can jump into coding if you want to, but the key here is that you do not HAVE to. A technical analyst or trend follower recognizing this trend would look for opportunities to sell this security. Recommended for Quantitative Analysts who develop powerful automated systems and value a huge selection of shared user-generated systems and powerful technical analysis tools. Among the most basic ideas of conventional technical analysis is that a trend, once established, tends to continue. The system runs on all platforms, from smartphones to PCs. Adding to this, they have implemented a strategy tester that allows you to freely type what you want to test, and it will do the coding for you.

Each time the stock moved higher, it could not reach the level of its previous relative high price. MetaStock is owned by Thomson Reuters, who are, without a doubt, the biggest and best provider of real-time news and market analysis. I guess these companies are throwing in training. Whether technical analysis actually works is a matter of controversy. Scanz also has a strong focus on news services, but it day trading worth it reddit stock ai trading robot let down by having no social integration. By gauging greed and fear in the market day trading ninjatrader review etrade securities fboinvestors can better formulate long and short portfolio stances. And because most investors are bullish and invested, one assumes that few buyers remain. With the Premium membership, you also get Level II insight, fully integrated. With Stock Rover, you get broker integration with practically every major broker, including our review winning brokers, Firstradeand Interactive Brokers. You could, for example, test if price moves above the moving average 10,11,12,14,16,18 or 20, in a single test to see which of the moving averages best work with that stock. You should have listed the also rans and their rating just so we know what were covered and what were left .

Settings Length: Determine the number of histogram bars to be plotted Src: Determine the scale of the indicator Relative Position In finance , technical analysis is an analysis methodology for forecasting the direction of prices through the study of past market data, primarily price and volume. In , Caginalp and DeSantis [73] have used large data sets of closed-end funds, where comparison with valuation is possible, in order to determine quantitatively whether key aspects of technical analysis such as trend and resistance have scientific validity. More brokers. TradingView also has a market replay functionality which enables you to play through the timeline and shows you the chart scrolling and the trades executed, it is so simple and yet powerful to use. The basic definition of a price trend was originally put forward by Dow theory. Technicians say [ who? This is really a key area of advantage. Using Stock Rover, I have created multiple screening strategies for dividends and value investing that I cannot live without now. Follow me on TradingView for regular market and stock analysis ideas and commentary. This should not be underestimated. From the vendors I reviewed, Equivolume is available in tradingview premium, metastock and quantshare. A taste of the starters before we move onto our main course. TradingView is built with social at the forefront, and it is simply the best social sharing and ideas network for traders. With the emergence of behavioral finance as a separate discipline in economics, Paul V. Fundamental analysts examine earnings, dividends, assets, quality, ratio, new products, research and the like. Once the pattern forms, a stop loss can be placed above the pattern for short trades, or below the pattern for long trades. Using data sets of over , points they demonstrate that trend has an effect that is at least half as important as valuation.

Jandik, and Gershon Mandelker Any idea you have based on fundamentals will be covered. When the sushi roll pattern emerges in an uptrend, it alerts traders to a potential opportunity to sell a long position, or buy a short position. It is awe-inspiring that Stock Rover has stormed into the review winners section in its first try. Packed full of innovative technical analysis tools means that TrendSpider is catapulted to the top of this list. Japanese candlestick patterns involve patterns of a few days that are within an uptrend or downtrend. If you are a long-term investor, this is the software for you. TradingView also has a market replay functionality which enables you to play through the timeline and shows you the chart scrolling and the trades executed, it is so simple and yet powerful to use. Key Takeaways The "sushi roll" is a technical pattern that can be used as an early warning system to identify potential changes in the market direction of a stock. It is a smooth and straightforward implementation that had me up and running in minutes. Hikkake pattern Morning star Three black crows Three white soldiers. They even uniquely have integration to Poloniex for Cryptocurrency trading. Hence technical analysis focuses on identifiable price trends and conditions. Barry, I just took a look at tradingview and I have been around some years investing, it loooks great, nice find. Plot the last length volume observations horizontally on the price graph by using rescaling, with a position relative to the price highest, lowest, or moving average. The Wall Street Journal Europe. So, the trader buys once the pullback appears to have ended according to the RSI and the trend is resuming. The ability to scan entire markets for liquidity and volume patterns to find volatility you can trade for a profit. In finance , technical analysis is an analysis methodology for forecasting the direction of prices through the study of past market data, primarily price and volume.

Investing Essentials. How to day trade penny stocks with 100 in robinhood best host to use forex from the original on The trader who entered a long position on the open of the day following a RIOR buy signal day 21 of the pattern and who sold at the open on the day following a sell signal, would have entered their first trade on January 29,and exited the last trade on January 30, with the termination of the test. When the price crosses above a moving average, it can also be used as a buy signal, and when the price crosses below a moving average, it can be used as a sell signal. You can set the watchlist and filters to refresh every minute if you wish. A fantastic array of technical indicators and drawing tools. Double top pattern seems to be forming. Burton Malkiel Talks the Random Walk. In this paper, we propose a systematic and automatic approach to technical pattern recognition using nonparametric kernel regressionand apply this method to a large number of U. Technical analysis. In any case, try it out completely Free and play around with it to see if you like it. This integration means a tight integration for trading stocks from the chart screen but also one of what is stock correction stock trend indicator software best implementations of Stock Options trading visualization available. Algorithmic trading Buy and hold Contrarian investing Day trading Dollar cost averaging Efficient-market hypothesis Fundamental analysis Growth stock Market timing Modern portfolio theory Momentum investing Mosaic theory Pairs trade Post-modern portfolio theory Random walk hypothesis Sector rotation Style investing Swing trading Technical analysis Trend following Value averaging Value investing. Thomson Reuters, the king of how to transfer money from apple pay to td ameritrade labu xbi biotech stock sector news real-time newsfeed and global market data coverage, is the owner of MetaStock, so you get the entire wealth of knowledge included in the package. More editors' picks ideas. Japanese Candlestick Charting Techniques. Trading Strategies. Once the pattern forms, a stop loss can be placed above the pattern for short trades, or below the pattern for long trades. Moreover, for sufficiently high transaction costs it is found, by estimating CAPMsthat technical trading shows no statistically significant risk-corrected out-of-sample forecasting power for almost all of the stock market indices. What are your views as to how it stacks up? One of the problems with conventional technical analysis has been the difficulty of specifying the patterns in a manner that permits objective testing. Ron Wacik.

Thanks, Barry, for the intro to TradingView and QuantShare, which had not heretofore popped up on my radar. If you are a long-term investor, this is the software for you. Another form of technical analysis used so far was via interpretation of stock market data contained in quotation boards, that in the times before electronic screens , were huge chalkboards located in the stock exchanges, with data of the main financial assets listed on exchanges for analysis of their movements. However, this trader would have done substantially better, capturing a total of 3, RSI modified with Jurik's ma as a center point of difference. Add that to the social network, and you have a great solution. Stand or fall, state your peace tonight! Nikkei Nikkei Index. I studied equivolume but never found a great use for it as it makes it impossible to draw trend-lines because the bars change width. It is also priced very reasonably with a simple pricing structure. Japanese Candlestick Charting Techniques.