Point Figure Charts software is an interactive stock analysis tool. It can create various technical indicator charts to help users identify buy-and-sell signals. It takes market stock data from Yahoo,Opentick and data in MetaStock format. It is packaged with a free downloader to download stock data from the Internet.
The Premier Feature:
Point Figure Chart is implemented with classic scale ad custom scale. With one click users will get Point Figure chart with various technical indicators.
Key Features:
Candlestick, Three Line Break (TLB), KAGI, MACD, stochastic oscillator and Bollinger Band Envelope.
Most frequently used, powerful moving averages:
* SMA : Simple Moving Average
* EMA : Exponential Moving Average
* WMA : Weighted Moving Average
* TMA : Triangular moving Average
* HMA : Hull Moving Average (new !)
* TEMA : Triple Exponential Moving average
* LMA : Linear Moving Average
* MMA : Modified Moving Average
All these moving averages can be calculated on close, open, high, low prices and volume that users can specify in any period . These moving averages can be added on Candlestick chart to identify potential buy-and-sell signals. For the individuals who like Bollinger Band Envelope, all these moving averages can be added on it too.
In addition to the above features, it is also built with popular stochastic indicators. Users can specify %K period, %K slowing period, %D period. With this feature users can study stochastic indicators on any stock price and identify potential buy-and-sell indicators.
Another built-in stock indicator is MACD (moving average convergence/divergence). Users can specify any valid, long period, short period, signal period.
More details can be found on http://www.numeraltechnology.com
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