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Old 10-11-2007, 11:00 AM   #1

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Favorite swing trading softwares

Spamming and everything of that sort aside, what is your favorite software for scanning for stocks to trade?

MrPaul told me about Telechart and Blocks...holy crap, TeleChart is intense. It's fairly intuitive for a Windows program and is lacking in the whole design of it all. You get either a black background or white. No off-white or anything like that. The candles are a little odd in that if the candles gaps up but closes down, it'll draw solid for a down candle, but show green for closing above the previous close. There's no way around that.

Anyhow...I love it so far. They've got a killer community of staff who are there to help you write the scans you want to do so you don't always have to know the coding language, but even then...doing scans isnt too tough.

What do others use for finding those great swing candidates?


btw...I don't get paid to say these guys are good so far....in fact, I pay them for me to say that!
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Old 10-11-2007, 11:22 AM   #2

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Re: Favorite swing trading softwares

genesis tradenavigator is very good, but expensive. I think neoticker looks good, but never used it
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Old 10-11-2007, 11:47 AM   #3

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Re: Favorite swing trading softwares

When I started to get interested again in some swing plays, here's a few that I looked at:

http://www.esignal.com/esignal/pricing/default.asp
> EOD is only $295 for the YEAR. That seems attractive.

http://www.stockfetcher.com/
> Nice as well, but I don't like that it will not save your annotations - lines, arrows, text, etc. This may have changed since I looked at it.

http://www.prophet.net/
> I like these charts and the searches and such on the website itself are nice.

http://www.worden.com/default.aspx
> I absolutely hated this thing. The candles are made so oddly and you cannot change it to the 'normal' candle look. Basically they construct the candles with hollow and solid bodies and also color code them. For me, it just made things more confusing.

http://www.tradestation.com
> Old reliable I guess. Never used them for stock quotes and charting, so not sure how it works and costs involved.

---------------------------------

Right now the eSignal EOD looks good if you do not need all the other bells and whistles. The prophet one is nice as well, partly due to the other stuff you get on the website itself. Could be good for trade ideas.

Really the swing trading discussion can be broken into two parts, although many co's provide both - the actual charting and trade ideas/scanners. In other words, you could find use of prophet's scanners and builds, but like eSignal's charting better.
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Old 10-11-2007, 11:53 AM   #4

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Re: Favorite swing trading softwares

Oh yeah stockfetcher is great! Don't use them for charting, you can get that free somewhere if you use EOD. Stockfetcher is powerful scanning, good as it gets.
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Old 10-11-2007, 12:21 PM   #5

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Re: Favorite swing trading softwares

Yea, the candles is the big thing with Telecharts that is really tough for me to get over. The scanning is easy and fast for me, and its pretty cheap. 30 bucks a month.
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Old 10-11-2007, 01:17 PM   #6

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Re: Favorite swing trading softwares

Looking at StockFetcher....is this all web based?
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Old 10-11-2007, 01:29 PM   #7

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Re: Favorite swing trading softwares

Hey Tin, funny you mention that, as ironically I am looking at IRT for some longer term stuff right now....I haven't actively used charts for a while and let my Ensign subscription roll over.....

But I would say check out Ensign as well, I have been happy with them, but want to test everything else out too to make sure I am not missing anything...I am expecially drawn to IRT because of the VWAP thing they have going on, which I am convinced will work equally well on a longer term basis along with a few more ideas I am testing.....

But I do like Ensign's price histogram/profile MUCH better than IRT ( I am not rerferring to the CBOT MP indicator, I am referring the one called "profile" on IRT).

I have used SMR in the past, and they have their ups and downs, and as my trading evolved I decided it wasn't the best option for me....

But right now, I like Ensign from experience and IRT from the potetntial I have seen. I will report more later.
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Old 10-11-2007, 01:34 PM   #8

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Re: Favorite swing trading softwares

Quote:
Originally Posted by TinGull »
Looking at StockFetcher....is this all web based?
Not quite sure Tin. I wasn't sure if it was all web based or a download. I'd send an email and see what they see.
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