Best charting software for Accumulation/Distribution?

[homersyd]

Hi all,
I'm a newbie at shares, i've been using incredible chart for a while, i like to use it's stock screener feature, however it doesnt allow searching for Williams Accumulation and distribution, is there any better products out there that does?

Thanks

 

[wayneL]

Hi all,
I'm a newbie at shares, i've been using incredible chart for a while, i like to use it's stock screener feature, however it doesnt allow searching for Williams Accumulation and distribution, is there any better products out there that does?

Thanks

Value for money ===>> www.Amibroker.com hands down.

You can search for any bloody thing you like.

 

[Timmy]

Value for money ===>> www.Amibroker.com hands down.

You can search for any bloody thing you like.

Metastock will do it too
.................. and at only about 10 times the price of Amibroker

 

[Joules MM1]

Hi all,
I'm a newbie at shares, i've been using incredible chart for a while, i like to use it's stock screener feature, however it doesnt allow searching for Williams Accumulation and distribution, is there any better products out there that does?

Thanks

twiggs does have the WAD function that you can manually set....although the standard twiggs AD is smoother if youre looking for moves against price trend......

 

[kam75]

Hi all,
I'm a newbie at shares, i've been using incredible chart for a while, i like to use it's stock screener feature, however it doesnt allow searching for Williams Accumulation and distribution, is there any better products out there that does?

Thanks

Yes. OBV - On Balance Volume.

 

[homersyd]

Yes. OBV - On Balance Volume.

Thanks for the inputs from everyone!!
OBV??? Is that a software name or indicator name??

I guess I will look at Amibroker then, sounds like a cheaper one to go to, but does that software allow you do something like the following?

1. Pick a few stocks out of the thousand's of shares based on certain indicator trend (e.g. spotting a professional accumulation with William's AD)
2. Automatically buy/sell based on those signals specified in pt 1?

 

[$20shoes]

Bullcharts + Tradesim package is worth looking at. You'll pay a bit for it but, like metastock, you can build your own indicators/flags etc using bullscript.
Feed fees worth investigating too depending on what data you're looking for.

 

[white_goodman]

prorealtime is golden for a free package EOD, contains charts for most major markets

 

[homersyd]

prorealtime is golden for a free package EOD, contains charts for most major markets

Thanks mate, had a brief look, prorealtime does look golden for a freebie, I 've register and will give it a shot when i have time.
But does it actually allow you to buy/sell shares from say your Commsec accounts?