Australian (ASX) Stock Market Forum

What is good free charting software?


Hi Saroq,

New to the trading scene been researching quite a fair bit, i really like the marketinout at first glance, do you know where i can find more information, especially in regards to how the community rates this, strengths, weaknesses etc?

Is it good for the ASX market? is the data live? could i use this to provide me intra day MACD screening? and how does its back testing rate against other charting software?

Cheers
 
Hi Saroq,

New to the trading scene been researching quite a fair bit, i really like the marketinout at first glance, do you know where i can find more information, especially in regards to how the community rates this, strengths, weaknesses etc?

Is it good for the ASX market? is the data live? could i use this to provide me intra day MACD screening? and how does its back testing rate against other charting software?

Cheers

Sorry I don't have any more information on marketinout I don't use it. I trade the US market rather than AU. Any data is end of day as far as I know so not useful for trying to follow a stock price during the day. Your broker should have some software that allows you to do that but what I've seen is poor quality compared to the US brokers who pretty much give the trading software to you as long as you do a few trades a month.
 
Sorry I don't have any more information on marketinout I don't use it. I trade the US market rather than AU. Any data is end of day as far as I know so not useful for trying to follow a stock price during the day. Your broker should have some software that allows you to do that but what I've seen is poor quality compared to the US brokers who pretty much give the trading software to you as long as you do a few trades a month.

You get that too when you sign up with certain Australian Online Brokers. I know of at least two:
Give Open Markets a call and check out the PULSE software: http://www.openmarkets.com.au/
Or D2MX http://www.d2mx.com.au/ who offer the Market Analyser.

Your mentioning Intraday MACD suggests to me that you're a serious trader, chasing Intraday swings. If that's the case, you won't have a problem reaching the number of trades that qualify for free use of the software.
 
You get that too when you sign up with certain Australian Online Brokers. I know of at least two:
Give Open Markets a call and check out the PULSE software: http://www.openmarkets.com.au/
Or D2MX http://www.d2mx.com.au/ who offer the Market Analyser.

Your mentioning Intraday MACD suggests to me that you're a serious trader, chasing Intraday swings. If that's the case, you won't have a problem reaching the number of trades that qualify for free use of the software.
Sorry to say, the Market Analyser has been withdrawn earlier this year. The company that provided it and had been supporting it for nearly 20 years was taken over by Sequoia. The new business model changed from empowering subscribers to DIY to telling them what they should do. Under the new premise, it is simply uneconomical to maintain staff on skill levels high enough to support a sophisticated market scanning and charting package.

Luckily, Paritech - the parent of OpenMarkets - has increased IT staffing levels, so any "issues" users might detect and report are quickly analysed and attended to.
(Disclosure: I am a long-time member of a small group of Pulse Beta testers, which might result in my feedback being looked-at with priority.)

Back to the key words of this thread: "good" and "free", I have to repost a link to IncredibleCharts http://www.incrediblecharts.com/
 
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