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What are the best free software programs?

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potto_10

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hi....im an enthusiastic 18year old that is very interested in the share market.....i am currently saving up to enter the market for the long term...on the 31st is the sharemarket game on asx.com.au and i want to download a free technical anaylsis software package to apply to the game. what are the best software packages for free? : thanks
 
One I orginally used before I bought AmiBroker is FCharts. There's a free and a $$ version.

The free version does basic charts and includes a few moving averages and a couple of indicators (MACD and RSI from memory).

Cheers,
GP
 
Keep getting this in my email.. may be of use to some one. Let me know if you want the link

Dear Reader,

At egoli we value reader loyalty and are committed to providing our readers with the best possible information and tools to assist them with successful trading.

That’s why we are proud to announce egoli Pro Charts: Our new, FREE software-charting package with 20 minute delayed data.

It's not often that egoli directly recommends a product to our clients. Yes, there is advertising, but you’ll rarely, if ever see a direct endorsement.

Well now you will! We believe egoli Pro Charts is unique, as it has great functionality and at the price, represents outstanding value.

So when you see this software for yourself we are sure you'll agree there's no other tool on the market that offers charting that is this powerful, or clear… and did we mention that its FREE.

Product features include:

Advanced charting 20 Industry standard indicators
Advanced company search facility
Delayed data for major markets around the world
Video market updates and news

Please note that by registering for this free product from egoli, you have also elected to receive egoli’s weekly Hotlist email as well as other occasional emails that relate to the topic of personal investment. (Current Hotlist subscribers will not be signed up twice)





Go back to egoli
 
Would like to have a look, can only be better what i am using at the moment which is nothing.
Thanks in advance.
 

There's incredible charts and other free software that have been discussed here previously, try the search tool with a few keywords and you'll get some great results.

About the egoli software- looks interesting, might try it out later but I'm happy with the comsec platform (as long as they keep ProTrader1), I don't want to waste too much time on charting.
 

RichKid,

I have been using ComSec Platform for a while now from ProTrader1 to now ProTrader2, the funny thing is I never get charge ie. $77 per month eventhough I don't trade with them.

Maybe I should keep it quiet.
 
JetDollars said:
RichKid,

I have been using ComSec Platform for a while now from ProTrader1 to now ProTrader2, the funny thing is I never get charge ie. $77 per month eventhough I don't trade with them.

Maybe I should keep it quiet.
Click to expand...

Hey Jet,
They may whack you with arrears at the end of a quarter. Read the fine print to be safe. Also, maybe PT2 is so poor atm that they can't bring themselves to charge for it!
 
markrmau said:
Wow, the egoli one is fantastic. It even has futures, automagically downloaded.

Eg, type in 1CLZ5 for Dec 05 light sweet crude and ....
Click to expand...

Hi Mark,
Does it have options volatility graphs or anything else that stands out- sorry, been too lazy to download it yet.
 
RichKid said:
Hey Jet,
They may whack you with arrears at the end of a quarter. Read the fine print to be safe. Also, maybe PT2 is so poor atm that they can't bring themselves to charge for it!
Click to expand...

RichKid,

They might end up charging me at the end of the quarter, but cross my finger at the moment.
 

Forget about software packages, instead print out as many price charts as you can from many different markets. Study price movements, ie price patterns, patterns of trends etc. Learn how markets move. The first thing you have to decide is which direction a market is trending, the second a good position to enter that trend. You will want to stay with that trend until it is at risk of ending. Simple as that. Most important of all, study money management first.(ie how much are you hoing to risk) Your first goal in market is to survive- not make money. If you survive you may have a chance of making money, because the average trader or investor (90% of them) go from one distaster to another. No software package will teach you the above only hard work and persistance will.
Follow the above and you will ahead of 90% of your opponents straight away.
 

Agree with what you say, but wouldn't charting software help in this endeavour? There are some great free packages to start out with, as mentioned below.

Cheers
 
markrmau said:
Wow, the egoli one is fantastic. It even has futures, automagically downloaded.

Eg, type in 1CLZ5 for Dec 05 light sweet crude and ....
Click to expand...

Mark,
If you still use it do you know if it can show fibonacci retracement levels?
 
Rich Kid,

I have egoli on my computer, and just looked it up for you.

I do not use fibanacci, But Egoli has what is called Fibancci Retracement Indicator. Not sure if this is what you want.

just Download the program, its free.

Also I noticed that Info choice has the same program to be downloaded for free as well.

Regards

Sarah
 
I use Fcharts Pro. It's the "pro" version of the free Fcharts as posted by GreatPig. Well worth the couple of hundred $$ IMHO. Well designed and constantly supported and updated by the Aussie author. They have their own forum to discuss formulas etc, as well as a community manual showing how to set it up and get the best usage out of the software.

I get my end of day data from www.cooltrader.com.au
Cost is just $55 per year for 10.30pm download.
They also sell historic data on CD so you can load up previous years of data if you're starting out.
 

Thanks Sarah,
I'll dl it and see how it is, that appears to be what I was after, I've started using Elliott Wave so those fibonacci levels are essential.
 
Well, I've used it and have got a chart with the fib levels too (see the OST thread), but I find that it doesn't have some of the smaller stocks in the free version (eg BMX, EQN), must read the fine print to see what the other limitations are, from memory this doesn't appear to be a time limited trial. It really does look great, so many indicators and functions, easy to use and navigate too. Seems to be much easier to use than Incredible Charts at first glance.

Thanks again Sarah!
 
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