Features
There are very few Software available for the stock market to do technical and fundamental analysis. Most of the technical analysis softwares are very expensive and cumbersome to use. User does also have to pay for the data feeds. As an educated investor you need a technical analysis tool flexible enough to adapt to your trading style and quickly complete a wide range of tasks. iGuideStocks is the one of the most flexible technical analysis software on the market, which allows user to get the buy sell signals accurately based on popular / your own investment strategies. Whether you simply want to look at charts, add various indicators on the chart, run daily scans on the market for new stock picks, filter stocks based your own customized criteria, compare multiple charts at a time, compare multiple quarter results at a time or build a complete trading solution, iGuideStocks is the complete solution for a investor. With most of the popular built in indicators, back testing capabilities, optimization of strategies and a powerful scanning engine, iGuideStocks has all the essential tools any investor needs. iGuideStocks.com provides following features:
- Excellent Look & Feel
- Graphical components
- Technical Indicators
- Intraday for Indian Stock Market(NSE)
- Language support - IGS FL (iGuideStocks Formula Language looks same as easyLanguage)
- Stock Search
- Market Snapshot
- Back testing
- Stock screener
- IGS Query Support
- News
- Fully offline support
- Financial analysis
- Multi Year comparison
- Data Manager
1. Excellent Look & Feel
Look and feel of iGuideStocks tool is really cool. It has a window explorer like tree structure on the left. All the stocks of NSE index are grouped logically. User can click any stock and graph of that stock with volume will be displayed on the main pane. User can view multiple panes (1,2 or 4) at the same time and can compare stocks. User can easily add or remove indicators. Value of all indicators will be in different colors, current value of indicators and market close value will be shown on the right of the graph. User can add as many indicators but only up to 4 new indicators will be displayed on the graph. As an when user adds more indicators the first one will be removed (FIFO).
2. Graphical components
iGuideStocks supports 10 drawing components which can be added, moved, resized and removed. The supported components are line, vertical line, horizontal line, Gann angle, Fibonacci retracement, Fibonacci retracement with time, note, buy arrow, sell arrow and Financial snap shot. By clicking on any icon of the component user can create it on graph.
Placing the component: Select component, click left mouse button and move mouse to put component anywhere on the pane
Resize component: Select and click right mouse button and then move mouse to resize component.
Delete a component: Select and press delete button to delete a component.
3. Technical Indicators
iGuideStocks currently supports most widely used 20+ technical indicators and in next version we will add many more indicators. Here is a list of all supported indicators:
SMA -> Simple Moving Average
MMA -> Market Moving Average
WMA -> Weighted Moving Average
EMA -> Exponential moving Average
Bollinger bands
RSI
Stockastics
Willam %R
Volume Oscillator
Money Flow Index
On Balance Volume
Chaikin Oscillator
Average True Range
Aroop Oscillator
Chaikin Money Flow
Willam AD
Commodity Channel Index
NOTE: MMA indicator is created by iGuideStocks Team and we will file patent for the same. This indicator is the only indicator which takes historical price, historical volume, current price and current volume in a single formula and generates moving average. This indicator finds out average price of stock for all investors, which gives an about stock if it is overbought or oversold. The formula is based on very basic concept and is used while creating graph.
4. Intraday
iGuideStocks support intraday charts for all NSE listed stocks. User can switch on intraday mode any time on any stock by clicking on intraday icon on the graph. The intraday graphs are auto refreshed. User can apply any indicator on intraday graphs. User can come out of intraday mode by clicking any other stock on the left explorer.
5. Language support - IGS FL (iGuideStocks Formula Language)
iGuideStocks has its own proprietary programming language which will allow you to create your own strategies, indicators, scans, queries and more advance technical analysis. Some of the features supported by IGS FL are: 1. Easy and powerful language ( as powerful as easylanguage or AFL ) 2. Major candle stick pattern recognition library, which can be used while creating strategy 3. Support of if-else loop, while loop, arrays etc. 4. Create your own function library (or use existing one) 5. Support of function call in any strategy 6. String operation, Print, Alert messages. 7. Support of drawing component in language like text, circle, rectangle etc. 8. Plot graph using any plot function 9. Support Mathematic operation like abs, sqrt, pow 10. Support of Buy, Sell function with buy / sell arrow on chart as condition is met 11. Support of in-built major indicator like RSI, MACD, Bollinger bands, Moving averages etc 12. Customized indicator support 13. Comment support to understand your own logic of strategy 14. Inspect variables after execution.
6. Stock search
User can search any NSE listed stocks by clicking search icon. Search can be based on name or NSE symbol. The selected stock’s graph will be displayed on the main pane.
7. Market Snapshot
Market snapshot provides snapshot of what happened in the market the previous day. User can filter stocks based on up/down by 5,10,20%. User can also filter stocks by different indexes. All stock will be sorted by % change.
8. Back Testing
Create, back test, compare, and optimize multiple securities against multiple systems using different parameters. We also provide a a panel for comparing multiple strategy for back testing. User can select multiple strategies and then can apply all strategies on a category. This will allow user to compare returns of different strategy for each stock. This will allow user to decide on the best one among all strategy for his / her investing style.
9. Stock Screener
Write your own strategies to screen the stocks to get strong buy and sell signals. 1) User can define different color for signals and can also identify particular pattern. 2) IGS also has in-built 15+ stock screening strategies which will help you find stocks with the best potential. 3) IGS has in-built strategy to identify any candle stick pattern (like hanging man, hammer, doji, shooting star etc). 4) IGS provides in-built formulas for Moving Averages, MACD, RSI etc.
10. IGS Query Support
iGuideStocks has its own proprietary robust and powerful Query Engine which will allow you to use existing or create your own technical / financial filters to get any filtered scan with custom output fields at lightning speed. 1) User can export the result of their technical / financial filter on csv format. 2) In-built 50+ technical indicator supports 3) In-built Candle stick pattern recognization functions 4) Scans and sort data within 5 seconds for complex queries which includes technical or financial indicators. 5) Can make a library call in your own query 6) Can display expression in output data.
11. News
Our tool has a news panel which will going to show users live news and updates and offers about the iGuideStocks Tool.
12. Fully Off-line
iGuideStocks users need not be online to do end of day analysis or historical analysis. All the data is available on users tool in a very compact format and we have our own query engine built-in, which does not require user to be on-line to use most of the features.
13. Financial analysis
iGuideStocks provides financial snap shot of all stock and financial parameter for stock screener.
14. Multi Year comparison
iGuideStocks provides a very unique features, which is not provided most of the charting software. Using Multi year comparison feature user can compare a select period of a year for different years. For eg. User wants to see performance of GE for last 4 year for period of Jan to March. This features allows user to view 4 different quarter stock movement in 4 different panels.
15. Data Manager
Data manager allows user to download data of particular category. IGS has a proprietary way of storing and processing data, by default all data starting from 2009 for each stock is cached, which allows all the operation faster than any other product in the market.
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We as iGuideStocks team continue to promise that we will deliver high quality service all the time and will make sure that our customers are fully satisfied with the product and service and make YOU a better and informed investor..