Best online stock trading software for non day traders

[malsop]

Many broker sites (like the good old commsec and etrade and stuff) will allow you to do those sorts of "filter searches". You can get txt/email alerts for certain "met conditions" as well.
Only saying this because that may already be free and available if your broker supports it.

Thanks - I must admit I didn't realise that. I use Commsec so will have to deep dive into that a bit more.

 

[CNHTractor]

I've been using Stock Doctor for a number of years and have found it a valuable tool in filtering down the universe of tradeable stocks, from a fundamentally financially sound sense. I take their recommendations and use some momentum indicators, using Amibroker, to determine buy/sell signals.

To "date" I have been able to outperform both the ASX300 TR indices as well as outperform the Stock Doctor returns.

At the end of the day, success comes down to identifying a trading strategy and being able to stick to it.

I have also found Nick Radge[https://www.thechartist.com.au/] and Colin Nicholson [https://www.bwts.com.au] resources to be of great value, especially starting out on my journey.

 

[malsop]

I've been using Stock Doctor for a number of years and have found it a valuable tool in filtering down the universe of tradeable stocks, from a fundamentally financially sound sense. I take their recommendations and use some momentum indicators, using Amibroker, to determine buy/sell signals.

To "date" I have been able to outperform both the ASX300 TR indices as well as outperform the Stock Doctor returns.

At the end of the day, success comes down to identifying a trading strategy and being able to stick to it.

I have also found Nick Radge[https://www.thechartist.com.au/] and Colin Nicholson [https://www.bwts.com.au] resources to be of great value, especially starting out on my journey.

Thanks CNHTractor - I appreciate you taking the time to share this with me.

 

[investtrader]

I would recommend considering Stockopedia also. I really like their fundamental filtering and ranking, but they also have extensive technicals/charting, portfolio management etc. I'm just a subscriber, no financial interest.

 

[malsop]

I would recommend considering Stockopedia also. I really like their fundamental filtering and ranking, but they also have extensive technicals/charting, portfolio management etc. I'm just a subscriber, no financial interest.

Thanks. I will have a look at that - I hadnt heard of that one before.

 

[aus_trader]

If you are starting out it's hard to justify the cost of subscription services, on the other hand you want to get the help from such a service since it's scary being on your own right?

Totally understand malsop, I've been there myself many years ago and have subscribed to so many services over the years one after another. Wasted a lot of money on those as well but I learnt a few things along the way such as how to analyse stocks myself, so not a total waste of money. These days I tend to do a lot of the research myself using free tools such as stock scans using broker provided filters, as some already suggested. It may not be fancy but it does the basic job of narrowing down the list of stocks that I research further.

Good online charting software that is free that I use can be found at www.tradingview.com which is not limited to ASX stocks, so if you wanted to look up Oil price or Bitcoin price it's all available online with indicators etc in the full featured chart. I don't do anything fancy with the charts just use basic indicators like moving averages, but other ASF members can help you if you want to go down the path of becoming a chart expert.

 

[Miner]

If you are starting out it's hard to justify the cost of subscription services, on the other hand you want to get the help from such a service since it's scary being on your own right?

Totally understand malsop, I've been there myself many years ago and have subscribed to so many services over the years one after another. Wasted a lot of money on those as well but I learnt a few things along the way such as how to analyse stocks myself, so not a total waste of money. These days I tend to do a lot of the research myself using free tools such as stock scans using broker provided filters, as some already suggested. It may not be fancy but it does the basic job of narrowing down the list of stocks that I research further.

Good online charting software that is free that I use can be found at www.tradingview.com which is not limited to ASX stocks, so if you wanted to look up Oil price or Bitcoin price it's all available online with indicators etc in the full featured chart. I don't do anything fancy with the charts just use basic indicators like moving averages, but other ASF members can help you if you want to go down the path of becoming a chart expert.

I just went to the site of tradingview.com - very good. It also has a paid site with 30 days trial. Thanks for sharing

 

[aus_trader]

I just went to the site of tradingview.com - very good. It also has a paid site with 30 days trial. Thanks for sharing

Welcome Miner. I find it quite good since it's all online. If I had only a dedicated trading computer then the charts will be only limited to that one. With tradingview, I can look at the stock charts anywhere as long as I have a device and internet access.

 

[Telamelo]

How may I scan for/find asx stocks where 50dma has crossed above 100dma along with having made a "60 day high price" ?

Am keen to know if there is any trading software application/website that can scan those specific parameters/filters across the ASX please ?

Grateful for any help with this thanks.

Cheers tela

 

[investtrader]

Amibroker or
Trading View
You will have to write your own script for both of these.