I have recently begun developing a trading plan and am slowly but surely getting there. One area that has been difficult is deciding which software and data providers are the best value for money for me. I am working with a small capital base ($50,000) and at the moment I am trading asx stocks only and am mainly looking at basic technical indicators such as EMA's, RSI, momentum, volume etc.
I have looked at amibroker, metastock, tradeguider, e.signal, norgate premium services etc etc etc and my head is swimming. I was hoping someone who has used a number of the different options available would be able to give some advice based on their experiences with the different platforms/providers.
I realise there is a cost involved for clean data and the ability to backtest and scan and am willing to pay for quality software and clean data.
Any advice would be much appreciated.