Technical Analysis Software - VRForums - SITEX 2009

kumon · Mar 24th, 09, 04:30 PM

Hey, could anyone recommend me some technical analysis softwares?

MidnightStar · Mar 26th, 09, 08:13 AM

Quote:

Originally Posted by kumon

Hey, could anyone recommend me some technical analysis softwares?

u mean charting software?
I'm using telequote, or u can check out esignal, heard they're not bad. Think these are the more affordable ones. If not, u can always get reuters or bloomberg.

kumon · Mar 26th, 09, 09:32 AM

Ahh, thanks dude. Anyway, I came across this software ChartNexus. Its free and is quite good. I've been using it for a few days. Anyone uses ChartNexus? Please share your thoughts and experience with me.

moneygod · Mar 26th, 09, 01:37 PM

Most people I know use Chartnexus. It already has everything a major plotting software needs. Enough for most people I believe, definitely more than enough for me.

If you are looking for intra-day information (Chartnexus only updates once per day) and for specialized indicators, you need to look for the people who are selling their version with special buy/sell indicators.

Gollum · Mar 26th, 09, 02:19 PM

depends u want local or international

LordAlfa · Mar 26th, 09, 11:44 PM

Ensign Software

kumon · Mar 27th, 09, 11:38 AM

is chartnexus better or ensigh better? and how much is ensign?

anyone attended chartnexus seminars or courses before? or any other courses given by anyone else

LordAlfa · Mar 29th, 09, 10:51 PM

Ensign is monthly 49.95 usd.

My vote is Ensign. Are your trading international markets or local?

kumon · Mar 30th, 09, 09:37 AM

I'm doing both international and local market. USD49.95/mth might be a lil' too expensive for me. But nonetheless I want to know the reason why you vote for Ensign.

What is the up side of Ensign?

LordAlfa · 06:09 PM

Quote:

Originally Posted by kumon

I'm doing both international and local market. USD49.95/mth might be a lil' too expensive for me. But nonetheless I want to know the reason why you vote for Ensign.

What is the up side of Ensign?

I am fib charter. I enter based on fibs. Exit based on fibs. Though Ninja Trader has similar functions, it cannot plot Gartleys or Butterflys or Crabs like Ensign. So the pattern is important for the next entry.

I'd prefer the US market because of the volume and volatility. ROI is also excellent for the risk. I can go to scalp mode or riding the waves. Local market scalping is quite slow unless a big move happens. If a big move happens, why scalp?

This is an example of Ensign.

kumon · Mar 31st, 09, 11:00 AM

Wow, its so advanced. I don't really understand what you are saying. But I guess you chose Ensign because it gives you what others can't give for fibonacci. Am I right to say that?

ChartNexus doesn't give you all those you mentioned?

LordAlfa · Mar 31st, 09, 06:27 PM

Try reading this book. The Harmonic Trader bu Scott Carney.

The original author was H. M. Gartley back in 1927. I have the PDF downloaded for free.

Some of the patterns to look out for. Note the retrace must be exact. Pattern reconigtion is an art not a science.

Following are bullish and bearish patterns.

LordAlfa · 06:31 PM

The last 2 must master to read it. The classic AB=CD pattern. Retrace to 61.8 give 1.272 extension. 78.6 retrace gives 1.618 extension.

Chartnexus only gives basic fib retrace and extension. not more than that.

kumon · Apr 1st, 09, 03:13 PM

Do you think you can give me the link for the .pdf file?

LordAlfa · Apr 1st, 09, 08:02 PM

I have a private ftp. PM sent.