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SmartChart V1.6 - Plots MetaStock and ASCII files

Managing your stock trading activity with “SmartChart” is a cinch. The program can read practically any ASCII file or MetaStock file and plot the data. The package includes:

Over 30 of the most popular technical indicators into the charting software so you have access to the likes of Bollinger Bands, Moving Average Envelopes, MACD, Moving Averages, R.S.I, A.T.R, Standard Deviation, Typical Price Volume, Money Flow Index, Weighted Moving Average, Volume Oscillator, and many more
View your data in a number of formats like HLC Bars, OHLC Bars, Candlesticks, Candlevolume, Equivolume, Shaded Equivolume, Kagi, Renko, Three Line Break, Point and Figure, and more. These objects are available in 2D or 3D styles.
Interact with charts. (Write notes, draw trend lines, and draw support/resistance levels as per M.S.T.S.)
Following line studies are supported: Ellipse, Rectangle, Speed Line, Gann Fan, Fibonacci Arcs, Fibonacci Fan, Fibonacci Retracements, Fibonacci Time Zones, Tirone Levels, Quadrant Lines, Raff Regression, and Error Channels.
Darvas Boxes
EOD and intraday data are supported - All indicators update as prices change
Charts can be exported to image files or can be print out
Data can be updated automatically by the programs RTQDownloader (in real-time, you will see no screen flickering) and MLDownloader.
SmartChart can read practically any ASCII file and plot the data
Google news can be displayed automatically
Receives stocks news as soon as they happen by using "Google Alerts"
Prices/Indicators can be exported to Excel

 

SmartChart provides nine ways to view the pricing information: candlesticks, candlevolume, equivolume, equivolume shadow, kagi, high/low/close bars, line, point & figure and renko.

Reading and plotting Ascii files
SmartChart can practically read any ASCII file. But it is necessary to tell the program in which format the ASCII files are. You can specify the format in the “Options->Ascii File Format Settings” dialog. Here is an example how to define the ASCII format correctly:

Let us assume that there is an ASCII file called “Microsoft.txt”. The file contains following records:

Date,Open,High,Low,Close,Volume
2005/07/01,24.85,24.99,24.67,24.71,69718392
2005/07/05,24.66,25.19,24.62,24.98,61883500
2005/07/06,24.97,25.08,24.69,24.70,64214600
2005/07/07,24.58,24.71,24.50,24.65,80082896

To display this file correctly you have to make following settings in the “ASCII File Format Settings” dialog:

The file “Microsoft.txt” has the extension “txt”. Therefore you have to enter “txt” in the file extension textbox. Furthermore, you have to select the ASCII fields “Date”, “Open”, “High”, “Low”, “Close” and “Volume”. As column delimiter you have to use “,”. Finally, you have to define the date format. (YYYY/MM/DD)

In this example we have to select the option “Skip first ... records” because the file contains a file header. (Date, Open, High, Low, Close, Volume) If your ASCII file does not contain such a header you do not have to select this option.

Google News
If you are interested in news of a security you can click on the “News” tab. The program automatically goes to the “Google News” (http://news.google.com/) site and displays news of the selected security. In the "Preferences" dialog you are able whether to display the news in English, French, German, Italian or Spanish language. [Screenshot]

Receives stocks news as soon as they happen by using Google Alerts
Google Alerts are email updates of the latest relevant Google results (web, news, etc.) based on your choice of query or topic. So you can easily create alerts for those stocks that you are interested in. SmartChart automatically detects the news emails from Google and displays them in the main window.

To set up an email alert go to http://www.google.com/alerts Following page will be displayed:

In the “Search terms” field you have to enter the name of the stock that you are interested in. Then select “News” in the “Type” field and select “as it happens” in the “How often” field. Finally, enter your email address and click on the “Create Alert” button. After you have done that you will receive an email from Google that asks you to confirm the alert. If you have already set up SmartChart to read the Google news emails following dialog will be displayed:

After you have pressed the “Confirm Alert” button Google will start to send news emails to your email account. Please be aware that it may take some time until Google sends the first news email to you.

Prices/Indicators can be exported to Excel
All the information that is plotted in SmartChart can be exported to Excel. (OHLC prices and all indicators that you are using in the chart) So you can easily do further research on the data in Excel.

Below are some screenshots of various price styles. Click on the pictures to enlarge them.


"Darvas Boxes"

"Equivolume" style

"Kagi" style"

"Point & Figure" style
   
 
 
 
 
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