Australian (ASX) Stock Market Forum

IncredibleCharts - Charting Software

Re: IncredibleCharts - Trial

While I agree that IC is relatively cheap for the hourly data I can't really see a reason why anyone should pay anything for basic charting (unlike Sarah who has a system and needs the data and tools for it) when they are starting out. So stick to the free data option unless you really want it- just my opinion newbies.

IC paid data is not really necessary imho unless you plan to trade intra-day or several times a week. The asx has 20min delayed data which you can check before placing an order if need be.

I am currently interested in IC for the fib tools for occasional charting.

Commsec also has a free basic charting package which comes with protrader (see the protrader thread) and it also has an online stock screening feature and more or less upto the minute market depth (most other data is eod, not live unless you upgrade to the top level version).

www.Bigcharts.com also has Aussie stocks but I don't think they adjust the data- so check the ASX site to be sure before relying on it. All see the Egoli software mentioned elsewhere on ASF.

People can get carried away with charting software without even knowing that those costs are eating away at their capital. See the many threads on money management and expectancy on ASF before spending big on software.
 
Re: IncredibleCharts - Trial

thanks all, and thanks sarah for that tip, im going to take your advice directly and see how i go for a couple of months until i get more experience.

I do use etrade, but ill be limited on capital for the first twelve months or so as im stashing 1K per month into my trading account to get myself going. So i guess my trading will be sporadic during this period.

Im learning at a reasonable pace, and one option that i liked about ami is the scanning function.

Strange that i didnt even start this thread but i ended up having a very important question answered for me!!. Thats what i like about this forum, i can ask stupid questions and not be flamed by arrogant people like most other forums i have been on.

Thanks Heaps!!!.
 
Charting software for TA investor

hi guys
i'm using the Incredible chart software to analyse the Australia stock market and i think it is a good charting software for TA analyst, you can use it to create chart for almost australian stock, and this software also has a lot of tool for us to analyse stock. If you guys want to take a look, this is an address.

http://www.incrediblecharts.com.au/index.htm

if you dont try a new one, how can you know which is the best one for you ? :cool:
 
Re: Charting software for TA investor

Totally agree
Great on line site
Free charting package with free end of day data or $18 month
A virtual E-Book on trading in the help section
Colin Twiggs has 2 weekly updates on the markets in his diary.
The Forum has some very experinced Traders who are more than willing to help.
Check out the weekly comp . --- see how and why other traders select their stocks, all selections in the comp must have a chart with analyst --- it doesn't get better than this for newbies.
IC is Traders only site though -- investors would be lost
 
Re: IncredibleCharts - Charting Software VERSON 5

Hi ALL,

Has anyone else got Version 5, and what do you think of changes...???

It's just a prelease, hence not officially released which comes out early next year (IC Time :p: )...???

Anyway Fib retracements & % Gain (Fixed Angle) Trendlines are mean't to be in next years release (not in prerelease), which I've been waiting for some year now, so cant wait to see them.

I would also like to see multiple windows with IC, and live and/or 20mins delayed data at least (currently 1.5hr delay), but not likely to see that if at all... :eek:

Also like to see scanning inprovements, as still the same in prelease.

Overall not much difference, to current version, hence :(

Like to hear others view...????

Christmas Cheers
SevenFX
 
Re: IncredibleCharts - Charting Software VERSON 5

SevenFX said:
I would also like to see multiple windows with IC, and live and/or 20mins delayed data at least (currently 1.5hr delay), but not likely to see that if at all... :eek:

LOL isnt IC a free program
Dream on... ;)
 
Re: IncredibleCharts - Charting Software VERSON 5

nizar said:
LOL isnt IC a free program
Dream on... ;)

IC has 2 versions, I have the paid version, which there is no ads, and data is delayed by 1.5hrs for AU stocks.

Be Careful of what you Dream Of, as they may come True. :D
 
To get away from it all on Christmas day, I went off to re-install IC after a pc crash and sent them an enquiry about my subscription settings.

I got a response that evening in an e-mail from Colin Twiggs advising he'd fixed the problem.

Great customer service.
 
What happened to the Widdly Post???

Not a bad looking site for FREE!

Seems to use cooltrader data for asx though -- The free part of cooltrader data used to be none adjusted though.


Cheers
 
hey. apologies for bumpage.

i just got incredible charts and was wondering if you can get a value for the MACD divergence. for example at ..

http://finance.yahoo.com/charts#cha...ick;crosshair=on;logscale=on;source=undefined

you can see in the MACD indicator they give you a numerical value for the divergence (on the far right next to the green DIV: ).

in incredible charts MACD indicator it shows you graphically but there isn't a numerical value for div. i checked the IC help and forums but no luck thus far. does anyone know how to get this feature on or isn't it offered?

danke
 
Hi there,
I've been trading around 18 months mostly on fundamentals. I'm interested in complimenting that with a) finding a T/A course in Perth (1 to 2 days for a start ) and b) trading software that shows more market depth then my stockbroking site and also gives some indication on whether the " smart money" is going on to a stock. Basically I want to pick stocks on fundamentals but need better signals on when to buy and sell.
Can anyone help??

Many thanks
 
Finally.... FIB Retracements & Extensions.

Version 5.028 has included the long awaited Fib Retracements & Extensions.

See Below.
http://www.incrediblecharts.com/online_charts/free_download.htm

Incredible Charts Version 5.0
[ Build 5.0.0.28 distributed on July 5, 2007 ]

** Fibonacci Retracements (on Draw menu) **
Drag your mouse over the chart and auto-fit Fibonacci Retracement levels to the High & Low or highest and lowest Closing Prices.
** Fibonacci Extensions (on Draw menu) **
Drag your mouse over the chart and auto-fit Fibonacci Extension levels to the High & Low or highest and lowest Closing Prices.
** Colors **
Separate colors (under Format Charts >> Colors) for Fibonacci, Horizontal & Vertical Lines
** Chart Scroll Bar **
New Chart Scroll Bar replaces scroll buttons on the toolbar
** Vertical and Horizontal spacing **
Manually adjust the horizontal and vertical axes by clicking the arrows in the right margin of the price chart

Cheers
SevenFX
 
Been using incredible charts for a while now, the latest update has made it even better value..fib tools and axis adjustments are fantastic additions. Personally $18 per month is worth it, no ads, hourly updates are a nice touch and the response to issues is exceptional for what you pay.
 
thanks tayser

i just downloaded it, but do not see any obvious menu item like 'scan', and did a search for 'scan' 'volume scan' etc on the online help and came up with no help, can you point me in the right direction,

bye

edit:: hey i just worked it out, stock screen, not scan, sorry for posting silly messages like this
 
just downloaded the program and having a muckaround and im rather liking it i must say

oh this is my first charting program and i reckon its realtively easy to use.
 
I have been using it for a while and was happy with it at first, but there are quite a few annoyances with it.

1.5 hour delayed data is pretty useless for making on the spot trading decisions, and is pitiful considering yahoo / asx data is free and delayed by only 20 mins. You can import data from yahoo however there seems to be a couple of days delay doing this. For $17 per month you cant expect real time data, but they should at least keep up with the (free) competition.

The Fibonnaci is a good addition however hopeless if you're doing backtesting, trying to add a retracement or extension automatically swings you forward to the most recent date on the screen :banghead:

The graphic editing is also quite crap (though I dont really know what to compare it to), but I would like the ability to create lines easier (a pen tool that stays on for example) and of differing widths. Some tools similar to microsoft paint would come in very handy for placing my own graphic jargon around the place.

To be fair, I do however like the stock screening options, though I cant really compare them to any other software.

Does anyone know of any better software for around the same price?
 
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