OVERVIEW

iGuideStocks is a new, recently been developed advanced technical analysis software for major stock exchanges in the world.

In the timeframe of 8 month iGuideStocks is able to provide all major technical analysis features, which are provides by any advanced charting software. This technical analysis software is so feature rich and easy to use that you need not require any training, configuration.

iGuideStocks is the technical analysis/charting software, which you are looking for If you do invest in stock market but do not want to invest a huge money in advance charting software or you have not enough time or patience to  understand / configure these software.

In iGuideStocks we tried our best to provide all feature you need without doing a single configuration change. Our installation of software so easy and fast that within minutes you are set to use it.

iGuideStocks pulls data from yahoo. We have configured it in such a way and made all symbol lists available to that you do not have to worry about your stocks and do not require to search around for symbol list. In fact, you can watch stock from any country any time just by switching country.

We have provided search facility to search stock.

We also made our software so smart, which everyday update your stocks. All these features works behind the scene, while you are doing technical analysis, writing formulas, or doing scan.

We tried and trying our best to improve our software to a level where you feel it as the best friend of yours, which can advice you, what is wrong and what is correct while making your investment decision.

 

Looks and Feel

iGuideStocks provides an excellent look and feel, which also can be configured according to your preference.

Using configurable parameter you can change color and make it as you want.

The major difference comes between iGuideStocks, Metastock, Tradestation or Amibroker is iGuideStocks display stock using panel. You can view stock in a different window, which usually Amibroker Metastock do.

But iGuideStocks provide 4 panel, 2 panel single panel, vertical, horizontal and graph with formula.

These views come very handy when you would like to compare multiple stocks, testing formulas or seeing same graph different way.

Suppose you would like to compare four different stocks and want to apply strategy, indicator to all stocks at a time to see how all stock performed in different criteria. Achieving this functionality is tough in Amibroker or Metastock.

In iGuideStocks you can apply all technical indicator to all graphs using a single click and then you can zoom out/zoom in all graph using single click, this feature gives you more power and more analytical perception.

Another major feature, which you will find in iGuideStocks is comparison of a time period in multiple year for a stock.

Lets say you would like to compare IBM stock’s performance for first quarter for each year for last 4 years. You can do this comparison only in iGuideStocks.

Formula Language

Formula language is one of the most critical part of any advanced technical analysis software. This is the component for which they charge and this is the component which makes different between a product and free internet charting website.

iGuideStocks has developed its own programming language called IGS FL. This programming language is as powerful as AFL or easylanguage. Compare to AFL from Amibroker, IGS FL is extremely easy to understand and any layman can program using this programming language. The best part of the programming language is you can write it and then can use anywhere, means same program can be written in such a way that it will run on chart and also will run for scan.

The IGS FL programming language provides all major programming language features like function call, variable declaration, array, if-else loop, while loop and major mathematical functions.

After writing your formula using IGS formula editor window you can run for test, which will run your formula only for last bar and will return you result in a pop up window. Also using inspect window you can view value of all variables in the execution, which will give you more power and will easily able to understand, where your program may be going wrong.

IGS FL also provides semantic analyzer, which check if all braces are closed properly or not.

You can also apply formula as a customized indicator, which will add return of this function as an customized indicator 

IGS FL has inbuilt functions to recognize major candle stick patterns like DOJI, Hammer,Inverted Hammer, which makes your life more easier. Many inbuilt formulas are supplied with product so that you do not have to look around or pay more for buying those formulas.

 

Stock screener

iGuideStocksis superb when it comes to scanning stocks. When you compare iGuideStocks to Amibroker’s AFL or easyLanguage  in terms of scanning stock you will find it much powerful and much easier to use.

Lets say If you would like to display open,close,high,close price of symbol using Amibroker’s AFL exploration.

What you need to do is to write a program which will be as long as 10 lines and writing a program in AFL is not a easy task and if it comes to a non programmer it is a nightmare.

But when it comes to iGuideStocks same task is just a simple query like

select symbol,open[0],high[0],close[0],low[0] from table

Also this query is on same panel where it display result so changing and rerunning is very easy. You can also add financial variable or any expression in query very easily and can sort. The simplicity of fetching data makes the software too easy to use.

  

Data

In iGuideStocks you need not to worry about data configuration. iGuideStocks has built symbol list of most of the stock with their name, so you can easily find the stock you are looking for. Also all major indexes and their components are added which makes life very easy. In case of other software you need to do it yourself or max you will get is symbol list. In addition, iGuideStocks download data and automatically update it daily. you need not to run any other utility to sync your data.  

Fundamental Scan

iGuideStocks is the only software, which can also scan any type of fundamental data. Comparing to other charting software, which also provide fundamental scan but the difference comes when you want more. In iGuideStocks all fundamental variables are dynamic and depends upon the outcome of the utility which fetch and give data for you. Suppose from a website you are getting some interesting info about stock like mean target price, max target price, analyst estimate etc. now for all stock you would like this info to be displayed and can be customized or filtered as you want. This is possible in iGuideStocks. Our team can fetch data from any website and can feed it to iGuideStocks which can later be used as simple query. This is such a big and useful feature, which can change your fortune in stock market by fetching data and applying of iGuideStocks.

Price

When price comes, you will find iGuideStocks as cheap as peanuts. Where other software charges in hundred of dollars without data iGuideStocks has bundled everything and has priced it under 100$.