ForumPOWER TO TRADERS
Technical Chart, Point and Figure Chart, Trading Strategy Development, Backtesting, Stock Screener, Portfolio Tracking.
A free, professional technical analysis software and trading strategy development platform.
FEATURE OVERVIEW
Technical chart
As a technical analysis software, Stockalyze is also a charting software. Creating high quality stock charts is one of the strength of Stockalyze.
- Technical Chart: Create Technical chart of EOD (End of day) stock price data.
- Many indicators: Moving Averages, Bollinger Bands, MACD, ADX, RSI, MFI and more than 50 other technical indicators.
- Ability to create composite indicators by simple drag-drop operation.
- Indicator parameters including its graphics can be easily configured
Trading Systems
Discover your favorite trading strategy using Stockalyze.
- Stockalyze has many built-in trading systems that you can use to evaluate your trading strategies.
- A trading system can be used to generate buy/sell signals.
- It can also be used in System Tester (backtesting) to see how a strategy would have worked in the past.
- Trading System is also used to find stock ideas using Stock Screener.
- While setting alert on a stock you can use Trading System to catch the investment opportunities on time.
Visual Trading Systems Editor
Define your entry/exit rule visually.
- Visual Trading System Editor allows to define Trading Systems without use of formula or programming language.
- You can define your own Trading Systems using easy to use graphical user interface (GUI).
- Use your newly created Trading Systems to backtest, scan stock ideas, and plot buy-sell signals on chart.
Point and Figure chart
Find breakout, support and resistance using Point and Figure chart.
- Point and Figure chart: Create Point and Figure chart with adaptive box sizes.
- Can be used to detect buy/sell signals
- Support and resistance can be easily detected
- Stockalyze P&F uses adaptive box sizes
- P&F parameters are fully configurable
- You can add various annotations on P&F chart
Works out of the box
Start using Stockalyze immediately after install.
- No configuration is needed.
- Free data download: Built-in feature of downloading free stock price data from Yahoo!, Tiingo, and Alphavantage.
- Built-in data downloader can download stock price for 37 countries and 50 stock exchanges world wide. So, no matter where you live there is a great chance you can use Stockalyze for your investment needs.
System Tester
Backtest your trading strategy.
- You can test Trading Systems on past data to know effectiveness of an investment strategy.
- Multiple strategies can be tested with multiple stocks in one go.
- Test can be run on your chosen range of past data, by default last 10 years of data is used.
- Other parameters like stop-loss and stop-profit-erosion too can be configured to suit your style.
- Even the periodicity of data, like Daily, Weekly, etc., can be changed before test is run.
Stock Screener
Find investment ideas that suit your strategy.
- Use it to scan/explore stock ideas from a list of stocks of your choice.
- Stock Screener can be used to find Buy, Sell, Short and Cover signals.
- You can look for signals that might have happened in last many trading sessions, by default only last day is scanned for stock ideas.
- Periodicity of data, like Daily, Weekly, etc., can also be changed before Stock Screener is run.
Pattern Detection
Take help in investment decisions from stock price patterns.
- Stockalyze can detect candlestick patterns like Abandoned Baby, Hanging Man, Harami, etc. these are more than 60 in total.
- Patterns formed by price movements can also be detected, e.g. Double Top/Bottom, and head & shoulders.
- Price movements can be simplified as Zig-zag so that patterns can be detected by visual inspection
- Patterns can be detected in different periodicity, like Daily, Weekly, etc.
Annotations
Annotate technical chart like a pro.
- You can add trend-lines, ray, triangle, rectangle, oval, texts, and many other annotation objects on chart.
- You can also add advanced annotations like Andrew"s Pitch fork, Fibonacci retracements, and Linear Regression channels.
- Graphic properties of annotations like color and line-style can be easily modified.
Portfolio and Watchlist
Keep your eye on your investments and watchlists.
- Easily monitor all your investments.
- Create multiple portfolios.
- Also see the consolidated view of all portfolios.
- Quickly analyse gains-losses and performance.
- Create multiple Watchlists.
- Set alerts based on price and Trading Systems on stocks of portfolios and watchlists.
Alert System
Never miss an investment opportunity and get alerted.
- You can set alert based on Trading Systems and/or price so that you don"t miss the investment opportunity.
- When stockalyze is started it evaluates for all possible alerts that might got triggered.
- Alerts are also evaluated when new price data is available.
- At one place you can see consolidated list of all alerts that have occurred.
Easy to use
- Stockalyze is designed as easy-to-use software
- Stockalyze is not just another technical analysis software. It is more than that. It is a toolkit that has many tools like Point & Figure, Portfolio & Watchlist, Alert, System Tester (aka Backtesting), stock-screener (aka scanner), apart from Technical Chart and many other features.
- Unlike other technical analysis softwares (including the leaders) Stockalyze does not throw unnecessary dialogs.
- Even the Trading System can be defined using Graphical User Interface (GUI) instead of complicated programs.
- The default values in many dialogs usually works in most of the cases.
