Wednesday, January 19, 2011

Chart Nexus Is A Very Useful Utility For EOD Stock Analysis

For a proper understanding of trading a good charting software is immensely helpful. There are lots of charting softwares available in the market for various prices but if somebody is in a starting phase of trading and does not want to spend but want a reliable charting software then a good option is to get for yourself         CHART NEXUS.

ChartNexus Charting Software is FREE to Use. DOWNLOAD

Prominent Uses of the Chart Nexus Software are listed hereunder :

It comes complete with a comprehensive list of popular indicators and even better, Chart Nexus also gives 3 years of market data for free.

On top of that, you have free access to all the EOD market data that is provided including world indices.

Free End-of-Day (EOD) daily updates and 3 years of historical data
Multi-window charting system to let you arrange chart as you wish.

BSE (India), NSE(India), Bursa (Malaysia), SGX (Singapore), US markets - AMEX, NASDAQ & NYSE and other Indices.

Comprehensive list of popular indicators.

Customize your own indicators parameters.

Create multiple indicators of the same kind e.g. MA10, MA14, MA20 etc. on the same chart

Tools for doodling, drawing shapes, trendlines, lines, arrows

Various ways to zoom in and out of chart

Linear and logarithmic price scales

View the equity in different period : daily, monthly chart

Fibonacci retracements, fan, arcs and timezones

Various chart types : bar, line and candlesticks

Search tool to easily search for the equity of Interest by name or code

Workspace to save your notes and settings

Management tools for managing your workspaces

Data downloader that automatically download and update your data daily

Portfolio manager to keep track of your trades

Watch list to monitor your equities

Spread calculator to easily calculate profits and losses

Brokerage fee calculator

Chart comparison tool to compare stocks against index, index against index basically any combination you like

Short description of the Company and its business; some simple financial ratios too

Colour settings customization for charts, indicators, background etc.

Printing chart capability.

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Futures trading contains substantial risk and is not suitable for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones financial security or lifestyle. Only consider risk capital that should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results. CTFC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS SUCH AS LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN. All trades, patterns, charts, systems, etc., discussed in this website or advertisement are for illustrative purposes only and not construed as specific advisory recommendations. All ideas and materials presented herein are for information and educational purposes only. No system or trading methodology has ever been developed that can guarantee profits or prevent losses. The testimonials and examples used herein are exceptional results which do not apply to average people and are not intended to represent or guarantee that anyone will achieve the same or similar results. Trades placed on the reliance of Trend Methods systems are taken at your own risk for your own account. This is not an offer to buy or sell futures interests.