ChartAlert® is a Microsoft® Windows® compatible end-of-day software that publishes stock market research and advisory reports, and technical analysis charts.
The Stock Market Advisory Module in ChartAlert® has been designed to help manage trading and investment ideas across all time-frames including day trading, short-term, medium-term and long-term, for NSE and BSE cash stocks or shares, and NSE futures, traded on the National Stock Exchange and Bombay Stock Exchange.
The Stock Market Advisory Module provides two ways to manage your trading and investment requirements: Stock Market Advisory Reports and Stock Market Information Reports. Both these types are managed from one central location, the LHS Navigation Panel.
Stock Market Research and Advisory Reports
A stock market Advisory Report is a representation of end-of-day data that has been processed for potential profitable opportunities in the stock market across all time frames, viz. day trading, short-term, medium-term and long-term. These stock market research and advisory reports are created by our technical analysis knowledge base.
These reports are fully customizable. In fact, exiting an open report with settings that are different from Factory Defaults will save these reports as customized reports. In other words, the next time you open these reports, they will open with the new settings.
Full-time Traders >> Day Trading, Short-term, Medium-term, Long-term Advisories
Stock market advisory reports are available for Full-time Traders who make their living trading the stock markets, have a large risk appetite, and who have full-time access to stock market trading terminals during trading hours. Some of these stock market advisory reports include entry levels and probable stop losses.
Full-time Traders >> Real-time Snapshot Reports
Published at 11AM and 2PM (part of "Trader's Routine" Reports), these real-time snapshot reports are recommended for Full-time Traders, who make their living trading the stock markets, have a large risk appetite, and who have full-time access to stock market trading terminals during trading hours. These reports include crucial price triggers and multiple resistances and supports for the ongoing trading session.
Short-term, Medium-term, and Long-term stock market advisory reports are available for Part-time Traders who have an above-average risk appetitite, and who don't have access to trading terminals or an online trading service during trading hours. Some of these advisory reports include entry levels and probable stop losses.
Position Trading
As a concept, Position Trading seeks to exploit minor and/or intermediate cyclical stock market trends that last anywhere between a few or several days and several weeks. Position trading forms the underlying basis of some short-term and medium-term trading and investment strategies, and the stock market advisory reports that come with this perspective, come with probable entry levels and stop losses.
Swing Trading
As a concept, Swing Trading seeks to anticipate short-term and medium-term swings in stocks so as to trade the minor- and minute-degree trends in the short-term, and the primary- and intermediate-degree swings in the medium-term — trends that basically last from several days to several weeks. Swing trading forms the underlying basis of some short-term and medium-term trading and investment strategies, and the stock market advisory reports that come with this perspective, come with probable entry levels and stop losses.
Stock Market Information Reports
Market Reports are a representation of the end-of-day data in an "as-is" and "value-added" format. They are presented along with several Technical Events (eg., Moving Averages, etc) and serve as excellent prospecting tools.
These reports are created using our value-added templates that make it possible to view the same data through diverse formats, for example reports such as Gainers and Losers, Unusual Performers, Gapping Stocks, Trending Stocks, etc.
Some of the Stock Market Information Reports available in the Stock Market Advisory Module are listed below.
Technical Events
The Technical Events section publishes various moving averages, 52-week highs and lows, and recent highs and lows of stocks. The Price Data (Cash Stocks / Futures & Options) and the Delivery Statistics section publishes the open/high/low/close/volume/open interest data of NSE and BSE cash market stocks and NSE futures, and the delivery statistics of all NSE cash market stocks transacted during the day.
Index Composition Reports / Stocks by Sector Reports
The Index Composition Reports and Stocks by Sector Reports section publishes such parameters as price data, delivery statistics, technical events, trading ranges, etc, for stocks that have been categorized as index components and sectoral components.
Buzzing Stocks
The Buzzing Stocks section publishes a list of Top 25 stocks that have been buzzing in the last 5 days (1-wk) and 22 days (1-mo). The reports in this section have been categorized under such heads as NSE Top 300+, S&P CNX 500, CNX Midcap, NSE Smallcap, NSE All, BSE GroupA, BSE Midcap, BSE Smallcap, etc.
Trending Stocks
The Trending Stocks section publishes stocks that have been trending in the last 1-wk on the basis of price, volume and delivery trends. This section also includes the Relative Momentum Studies report, that publishes a list of short-term momentum stocks that are segregated as outperformers and underperformers, which are then ranked relative to each other and with the broad market indices to get an overall perspective of teh stock's individual standing.
Unusual Performers / Price Performance Reports
The Unusual Performers section lists stocks that have gained remarkably (accompanied with a surge in volume) during the day, and stocks that have witnessed gap-up and gap-down activity (that sustained) during the trading day. The Price Performance Reports section shows how stocks have fared in the latest trading week, and over a varying period of 1-to-60 days and 1-to-24 months.
Institutional Trends (FII & MF)
The Stock Market Advisory Module includes Institutional Trends (FII and MF) reports (issued by SEBI and NSE) that are a snapshot of the financial transactions (bought, sold, net in INR) done by FIIs and MFs in the cash and futures & options segment of the stock market during the trading day. These reports also include historical data of the last 1-year (approx. 250 trading days).
Bulk Deals / Insider Trading / Substantial Acquisition of Shares
The Stock Market Advisory Module publishes the Bulk Deals report that lists all the bulk and/or block deals that were transacted on the NSE during the trading day. It also includes Insider Trading and Substantial Acquisition of Shares disclosure reports vide SEBI (Prohibition of Insider Trading) Regulations 1992 and SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 1997.
Gainers & Losers / Market Breadth
The Gainers & Losers and Market Breadth section publishes such reports as (i) stocks that have gained or lost over the previous trading day, (ii) list of most active stocks i.e. stocks ordered by the number of shares traded during the day, and (iii) advances and declines statistics i.e. the total number of stocks that were traded on the stock exchanges, including the number of stocks that gained and the number of stocks that lost over the previous trading day.
Special Stock Market Advisory Reports >> View-by-Company / MyRoutine
There are numerous reports available across various time frames in ChartAlert®. For the purpose of efficiency, convenience and to cut through information overload, special stock market research and advisory reports (namely View-by-Company and MyRoutine) have been provided to view stock market forecasts for a select number of stocks across all time frames in a single report.
The 1-Stock Snapshot Report, a.k.a. View-by-Company, has been designed as a one-stop feature where a stock's price-volume data and the technical analysis of an individual stock are assembled together in an easy-to-pull-and-print format. Thus, this report serves as a snapshot of an individual stock.
The Multi-Stock Snapshot Report, a.k.a. MyRoutine, has been designed as a one-stop feature where the price-volume data of multiple stocks, and the technical analysis of multiple stocks, are assembled together in an easy-to-pull-and-print format. Thus, this report serves as a snapshot of multiple stocks.
Other Reports
Market Trends & Outlook
The Stock Market Trends & Outlook report published at end-of-day gives a detailed snapshot of the stock market's overall activity during the trading day, and the Sectoral Outlook Report published at end-of-day lists the prevalent Top 5 sectors and Top 5 stocks within each of those sectors on a Weekly, Monthly and Quarterly scale.
Trading Ranges
The Stock Market Advisory Module publishes (probable) Trading Ranges on a Daily, Weekly and Monthly scale for 250+ most popular NSE/BSE stocks, including those stocks that make up the NSE's universe of futures & options portfolio. These reports include expected stock trading ranges, and probable ceiling & floor levels if the stock were to break out of the probable trading range.
Model Portfolio
The Stock Market Advisory Module publishes a list of Top 50 stocks that could constitute an ideal or Model Portfolio of stocks on the basis of parameters that are proprietary to the software. The Model Portfolio is available both on a short-term and medium-term basis.
Candlesticks Pattern Recognition
The Candlesticks Pattern Recognition scanner allows traders and investors to explore for end-of-day, end-of-week and end-of-month candlesticks patterns. This feature can scan for 60+ Bullish and Bearish patterns, 60+ Reversal and Continuation patterns, and can assemble the results in a fully customizable grid report or overlay them on a chart.
Screeners/ Scanners
Besides the Candlesticks Pattern Recognition scanner, the software also includes screeners that scan on the basis of short-term & medium-term (proprietary) Trading Systems for approx. 50% of NSE's universe of cash stocks, and scores of Technical Indicators-based algorithms that scan all of NSE's and BSE's universe of cash stocks. The results are assembled in a fully customizable grid report, and in the case of Trading System Scans, the results can also be overlaid on a chart.
Data Collection & Updation
Before you can look at any Stock Market Advisory or Stock Market Information Report, you must have the latest stock market daily data on your computer.
Please see the Data Collection (5th) tab at the top.
Screening Reports
After the stock market daily data has been downloaded and updated into the software, and before you can start using any Stock Market Advisory Report or Stock Market Information Report, it is important to screen the stock market data for use from within any report. Once ChartAlert® has finished screening the daily data, you can open any report and start using them.
All Stock Market Advisory Reports and Stock Market Information Reports can be manipulated extensively. For instance, a report can be sorted by any column, the splitter can be adjusted to freeze columns while scrolling the report horizontally, a column of the report can be dynamically re-positioned, etc.
Docking & Undocking Reports
The Stock Market Advisory Reports and Stock Market Information Reports can be docked as a Navigation Panel. Docking the report facilitates easy browsing through several stocks by clicking through a series of chart icons, view-by-company icons, etc.
The docked report can also be sorted sector-wise by right-clicking anywhere on the docked report and selecting "Group by" and "Sector". To undock a report, simply click on the Undock Report link at the top left corner of the docked report.
Fully Customizable Reports
Each Stock Market Advisory Report and Stock Market Information Report comes with a unique set of Technical Events (or Parameters), and Securities (or Companies). Each report also comes with Factory Default Settings that define the Technical Events that have been found to be appropriate for that report. These Technical Events and Securities settings in each report can be customized and saved by the end-user to suit his trading and investment needs.
The Hide/Unhide/Reorder Columns command allows you to display or remove any technical event or parameter in any report, while the Hide/Unhide Rows command allows you to display or remove any company or stock in any report.
The Restore Default Columns command allows you to restore a report to its default factory columns, while the Show all Rows command allows you to restore a report to its default factory rows.
Special Controls >> Find / Grouping / Filtering / Sorting
The Quick Find command lets you search individual Stock Market Advisory Reports and Stock Market Information Reports for securities or companies by name. If the specified security or company is found, it would be highlighted in the reports that is currently open in the ChartAlert® workplace.
Special Controls like Grouping, Sorting and Filtering are available across all reports in the Stock Market Advisory Module. That is, securities in a report can be grouped by its Index or Sectoral Classification, or they can be Sorted and Filtered by their technical events or parameters.
The Advanced Sort and Filter command also lets you sort or filter securities on the basis of up to three different parameters using a combination of an And/Or condition.
Archives
To help with the management of Stock Market Advisory Reports and Stock Market information Reports over a period of time, ChartAlert® automatically archives reports in a designated directory on your local hard drive and maintains a quick list of available files in archives that could be retrieved any time in the future.
The next time you want to load a period report from the archives available on your hard drive, it appears exactly as it did when you last saw it, along with its present customized settings.
Printing
The Printing command in ChartAlert® lets you print all reports in the Stock Market Advisory Module via a direct access to your Printer's Properties dialog via the Print menu.
It allows you to control report title & gridlines, column settings, filter options, printer and page settings, besides allowing you to select and configure your printer, customize the printout with page setup, and preview reports before printing.
Technical Analysis Charting Module ... Synopsis
ChartAlert® is a Microsoft® Windows® compatible end-of-day software that publishes stock market research and advisory reports, and technical analysis charts.
The Technical Analysis Charting Module in ChartAlert® has been designed with some very powerful technical analysis charting capabilities. Chart data can be easily edited, deleted, zoomed and scrolled. Chart overlays can be displayed. In fact, the software can build a chart for any stock and in any time frame, and also allow each chart to be customized with technical analysis studies, colors and chart types.
Benefits of the Technical Analysis Charting Module
The Technical Analysis Charting Module, your tool for technical analysis charting, will allow you to peep into the historical past, and will also allow you to freely peruse the stock market charts and spot chart trends using all the well-known technical analysis indicators. While the simple and user-friendly charting format makes it easy for beginners and casual chartists to jump right into, it also provides all the graphical data a technical analysis expert would desire.
To have a precise view of short-term stock market trading activity, and/or a more long-term investment view, the Technical Analysis Charting Module offers 5 options for time intervals:
daily | weekly | monthly | quarterly | yearly
One of the key benefits of the Technical Analysis Charting Module is the ability to save your favourite stock market charts with custom chart settings. In other words, when you bring up a new stock chart, it will appear with your preferred date range, periodicity and indicator settings already applied.
These customizations are easily created and managed, and most importantly, make the Technical Analysis Charting Module unique to you.
Marking significant price points, applying technical analyst moderated channels and trendlines (for 200+ futures & options porfolio of stocks), drawing (end-user or) custom trendline studies (for all stocks), applying Elliott Wave price labels (for 20+ futures & options porfolio of stocks), applying Japanese Candlesticks pattern screener (for all stocks), running technical indicators based scanner or screener (for all stocks), or applying pre-packaged Trading Systems (short-term, medium-term; for 50% of NSE cash market stocks) will be a great way to make a wise stock market trading and investment decision.
Limitations of the Technical Analysis Charting Module
The Technical Analysis Charting Module is purely for technical analysis charting and stock market analysis, and all the information it provides is derived from the price and volume data of individual stocks that are traded in the stock exchanges. The basic stock charts displayed in ChartAlert® simply reflect the bullish or bearish psychology of the stock market, and while they may not explicitly tell you when to buy or sell, they would definitely help you look for trading and investment signals that give hints as to what a stock may be doing.
Another limitation of the Technical Analysis Charting Module is that it will not predict future price movements. Technical Analysis is based on the belief that stock prices trend, and while there are situations where a future price trend is likely, it is never a guarantee.
However, market sentiment is not unpredictable, therefore users can take advantage of Technical Analysis Charting Module features (Line Studies, Masks, Trading Systems, etc) to make sound forecasts and/or predictions.
Charting / Chart Studies Toolbars
The Technical Analysis Charting Module provides two ways to manage your charting: Charts and Masks.
Both these types are managed from one central location, the Charting and Chart Studies toolbars.
Charts
Stock Charts are the focal point of much of what you do in ChartAlert® Technical Analysis Charting Module. They are a visual or graphical representation of each stock's prices in a single window.
A stock chart is contained within a single window, which is further divided into one or more sub-windows where the stock prices and technical indicators are plotted. Thus, each stock's window can contain price plots, technical indicators, price-plot overlays, etc. in one or multiple sub-windows.
A stock chart helps you perform a visual interpretation of a security. Technical indicators or studies can be plotted on a chart to help you see what stock prices have done in the past, what they are currently doing, and what they may do in the future.
NSE Cash Stocks / NSE Futures / BSE Cash Stocks
The Technical Analysis Charting Module's end-of-day coverage or support includes all tradeable NSE cash stocks, all tradeable NSE futures (1-mo, 2-mo, 3-mo), and all tradeable BSE cash stocks.
The future versions of ChartAlert® are expected to include (over a period of time) MCX and NCDEX Commodities, DowJones65, S&P500 and NASDAQ100 component stocks, and leading American, European & Asian stockmarket indices.
The primary focus of a stock chart is its price plot. Every stock chart consists of a base security, which is simply a stock's pricing data.
There are six different types or styles for displaying a stock chart's pricing data. Each of these chart types (Open-High-Low-Close Bars, Candlesticks, Line, Median Price, Typical Price, Weighted Close) uses one or more of the four basic pieces of pricing data viz. open, high, low and close, and each of these chart types has unique differences that can be interpreted in various ways.
The future versions of ChartAlert® would also include the following: Kagi, Renko, Three Line Break, Point & Figure, CandleVolume and EquiVolume chart types.
The Technical Analysis Charting Module provides for several forms of price-plot overlays such as: Bollinger Bands, DEMA, Donchian Channels, Envelopes, Ichimoku Kinko Hyo, Parabolic SAR, T3, TEMA, Time Series Forecast, VIDYA, Wilder's Smoothing, Zero Lag EMA, etc. It also provides for overlaying the Volume, Price-by-Volume and the Volume+Delivery Volume studies on the price plot.
Moving Averages, a staple indicator of technical analysis used in countless technical analysis studies are also available as a price plot overlay.
There are 9 types of Moving Averages available in ChartAlert® for charting and/or screening purposes: Simple Moving Average, Exponential Moving Average, Time Series Moving Average, Triangular Moving Average, Variable Moving Average, Volume-adjusted Moving Average, Weighted Moving Average, Welles Wilder Moving Average, Zero Lag Exponential Moving Average.
Technical Indicators / Studies
The ChartAlert® Technical Analysis Charting Module has 90+ Technical Indicators or Studies to help analyze stock market charts and to facilitate trading decisions.
A technical indicator is a math-based calculation that can be applied to a base security's price, volume or even to another technical indicator. The result is a value that is used to anticipate future changes in stock prices. Technical indicators are plotted either in a separate sub-window or overlayed in the base security's window (e.g., moving average).
Technical indicators can be plotted directly on a chart (overlaid on the price plot like a moving average), or drawn in one or more sub-windows (like Relative Strength Index in a separate sub-window on the chart). You can also quickly browse through all technical indicators in a single sub-window instead of plotting multiple technical indicators in multiple sub-windows.
Right-clicking directly on each technical indicator allows you access to a dialog window to edit or customize the technical indicator settings. Changing a technical indicator parameter will dynamically update the technical indicator on the stock chart. This allows you to experiment with different technical indicator settings and see the immediate result on the stock chart.
If you need help interpreting a technical indicator, the help system that ships with the software contains basic information on every technical indicator. Simply right-click on the plotted technical indicator and choose Help to get a help screen explaining the technical indicator.
Drawing / Line Studies
The Technical Analysis Charting Module includes the fundamental construction tool of chart analysis viz. Drawing / Line Studies.
Drawing / Line Studies are tools that traders draw to analyze chart patterns, and/or interpret price movement.
Drawing / Line Studies are instrumental in measuring price-and-time relationship, and include such characteristics as slope, channeling, retracement percentages, etc.
Drawing / Line Studies in ChartAlert® can be drawn, edited, deleted, zoomed, scrolled and saved for future use.
Toolbars | Fully Customizable Charts
When a stock chart window is displayed, several icons or buttons in the various charting toolbars will be enabled to let you operate all the technical analysis features available in the Technical Analysis Charting Module.
These icons or buttons are used to zoom-in, zoom-out, zoom reset, zoom show all, scroll chart, scale the chart to a linear or log scale, activate technical analysis studies, switch chart time frames, select chart types, modify and color studies, view a list of objects on the chart, etc.
Right-clicking on the chart objects will display their properties. This properties screen allows you to customize the colors, studies' parameters and all other aspects of the individual stock chart. Several stock chart windows can be opened at the same time, and these multiple stock chart windows can also be cascaded, tiled horizontally or vertically.
Chart Data Stored on Hard Drive
Chart data can be collected and displayed for any stock, restricted to all tradeable NSE cash market stocks, all tradeable BSE cash market stocks, all tradeable NSE futures and all the leading NSE and BSE indices. The chart data is stored in different folders on the hard disk depending on the stock market group. When a stock chart is requested, the appropriate data is loaded and displayed in the stock chart window.
WatchLists
The Technical Analysis Charting Module allows you to create multiple WatchLists wherein you could group your favourite stocks per WatchList.
You can create and delete WatchLists, and add/edit or remove stocks from WatchLists. You can also move stocks between WatchLists by simply using the drag & drop functionality, and you can also merge WatchLists by simply dragging one WatchList and dropping it onto another WatchList.
Stocks within these WatchLists can also be scanned through Candlesticks Scan, Technical Indicator Scan and Trading System Scan modules.
Scroll through Groups of Charts
The Technical Analysis Charting Module comes with a Scroll/ AutoScroll Charts feature that allows you to move forward & backward through a Group of stock charts that have been loaded through a dialog window. Simply click the set Group button to set the Group of stock charts you want to browse or scroll through, then click on scroll-left to scroll backward, or click on scroll-right to scroll forward. You can also set a timer for each chart and AutoScroll through the Group hands-free.
Heikin-Ashi
The Technical Analysis Charting Module comes with a Heikin-Ashi chart function for cash market stocks. Although Heikin-Ashi charts are considered slower than candlestick charts, they help cut down on erratic market volatility.
When used in conjunction with candlestick charts, they help improve isolation of trends. That is, trends can be located more easily to predict future market prices, and trading opportunities can be spotted at a glance.
Relative Performance
The Technical Analysis Charting Module comes with a Relative Performance chart function for cash market stocks. You can plot upto 10 stocks on a base stocks to compare how all the 11 stocks have relatively performed over a specified period of time, including from the time of inception of these stocks. For plotting Relative Performance charts, stocks have been neatly organized as "Indices" or "Sectors" or "A to Z" or "Peer Group".
Monthly Trading Ranges
The Technical Analysis Charting Module comes with a Monthly Trading Ranges (MTR) function that plots resistances, supports and the critical price level for the upcoming 1-mo period. The MTR function also includes an automated price channel on the stock chart to facilitate trading of 1-mo futures contracts.
AutoFibonacci
The Technical Analysis Charting Module comes with a Fibonacci Retracement Zone or the AutoFibonacci function that innovatively plots fibonacci resistance and support levels for fixed periods of 4-weeks, 3-mo, 6-mo, 12-mo/1-year, 2-years, 3-years or 5-years on a stock chart. The function can be plotted on the daily, weekly and monthly scale.
Technical Analysis Mask
The Technical Analysis Mask is a template that has been designed by ChartAlert.net for select NSE futures & options portfolio of stocks, including the S&P CNX Nifty 50 component stocks.
The Technical Analysis Mask allows you to see short-term, medium-term and long-term price channels, trendlines and important supports and resistances marked out on the stock chart. Since these channels and trendlines are based on closing prices, when the Technical Analysis Mask is applied, a Line Chart layer is superimposed on a Bar Chart layer.
Candlesticks Mask
The Candlesticks Mask is a template that has been designed by ChartAlert.net for all the NSE cash and futures & options segment of stocks, and BSE cash stocks. The template allows traders to see end-of-day, end-of-week and end-of-month candlesticks patterns labeled on the stock chart. The Candlesticks Mask can be powerful when used in combination with other technical analysis tools.
Candlesticks charts use the same price data as bar charts (i.e. open, high, low, close). However, candlesticks are drawn in a much more visually identifiable way typically resembling a candle with wicks on both ends. The high/low, described as shadows, are plotted as a single vertical line.
ElliottWave Mask
The ElliottWave Mask is a template that has been designed by ChartAlert.net for a limited number of stocks that also comprise the portfolio of stocks analyzed in ElliottWave Advisory (a short-term/ medium-term stock market research report published through the Stock Market Advisory Module).
The ElliottWave Mask allows you to see short-term, medium-term and long-term ElliottWave price labels, ElliottWave channels and important supports and resistances marked out on the stock chart. Since the ElliottWave price labels and channels are based on high/low prices, the ElliottWave Mask is applied on a Bar Chart layer. The ElliottWave Mask is maintained and moderated by ChartAlert.net technical analysts.
User's TA Mask
To help with the management of end-user charts, the Technical Analysis Charting Module automatically creates for every security a special type of stock chart called a User's Technical Analysis Mask.
This User's Technical Analysis Mask is simply a stock chart that is automatically saved with all its user-defined settings (using the Auto Save feature) for a particular stock each time you are done working with it. The next time you load that stock's chart, it appears exactly as it did when you last saw it. The Auto Save feature thus frees you from having to worry about saving your stock charts after you're done working with them.
Templates
Templates are factory-built and/or custom data files that contain all the technical analysis parameters of a stock chart, excluding the security data itself.
A template is applied to a security at which time the stock chart is re-created based on the technical analysis information contained in that template.
For example, suppose you like to analyze your stocks with an MACD, RSI, Stochastics, and a 20-day Simple Moving Average. You could save all this technical analysis information in a custom or user-defined template and apply it to any other security in one quick step. Thus, once a template has been created and saved, it can be used over and over again.
Screener >> Candlestick Patterns
Stocks can now be screened (at end-of-day) for candlesticks patterns based on the in-built candlesticks pattern detection algorithms, the output of which is published in a grid format report. This grid report is extremely customizable and can be manipulated extensively.
Currently, ChartAlert® can detect 27 Bullish Reversal, 27 Bearish Reversal, 7 Bullish Continuation and 9 Bearish Continuation candlesticks patterns.
Screener >> Technical Indicators
Technical Indicator Scans are Indicator-based algorithms that scan stocks (at end-of-day) for potential bullish and bearish signals, the output of which is then published in a grid format report.
This grid report is extremely customizable and can be manipulated extensively. The parameters of each of these scans can be customized and saved by the end-user.
Once screening of stocks, based on the Indicator-based algorithms selected by the end-user is complete, a Technical Indicator Scans Summary Report will display all the stocks that have met the scan criteria.
Trading Systems | Screener >> Trading Systems
Trading Systems are a collection of powerful technical analysis tools that keep you informed (with buy/ sell symbols on the stock chart) about the current technical status of a stock. They are technical analysis based strategies that contain complete and complex trading and investment rules, bundling the logic with the visual presentation of these strategies.
The buy/ sell symbols displayed on the stock chart provide a great way to mark points where specified trading rules or conditions of the strategy are met. For example, a buy symbol is placed below the price bar on the day when the trading rule for going long on the basis of closing prices is triggered.
Trading Systems can improve performance as they force you to do your homework before making a trade, and provide a disciplined framework making it easier for you to follow the rules, thereby enabling you to increase your level of diversification.
Select NSE stocks can be screened (at end-of-day) for potential buy/ sell signals based on the in-built Trading System algorithms, the output of which is published in a grid format report, which is extremely customizable and can be manipulated extensively.
Trading Systems have been designed on the lines of stock market research and advisory tools published through the Stock Market Advisory Module, and they have been screened and ranked for 50% of the NSE cash stocks.
Trading Systems >> Detailed Statistics
The Trading System algorithms that screen NSE cash stocks at end-of-day for potential buy and sell signals also come with the ability to backtest a stock and list the detailed statistics of that particular trading system. A typical Trading System Stat report includes: Symbol, Sector, Type and Rank of Trading System, Recommendation, Net Profit, Retention Rate, Success Rate, Relative to Buy/Hold Index, Average Win-Loss Ratio, Profit Factor, Return-On-Account (RoA), ChartAlert® Return Ratio, Risk-Reward Index, Open/High/Low/Close, Volume/Delivery Volume, % of Delivery Volume to Volume, etc.
What you need to run ChartAlert®
Recommended Computer Configuration
Microsoft® Windows® 7 Home Premium
Intel® Core™ i3 2GHz+ CPU
4GB of RAM
500MB of free hard disk space (for stock market advisory archives and technical analysis charting data)
Minimum Computer Configuration (although not recommended)
Microsoft® Windows® XP Professional with SP2
Intel® Core™2 Duo 2GHz+ CPU
2GB of RAM
500MB of free hard disk space (for stock market advisory archives and technical analysis charting data)
How to Collect and Use Data
The Stock Market Advisory reports and Technical Analysis Charts are the focal point of much of what you do in ChartAlert®.
Thus, before you can look at any stock market research and advisory report, and/or technical analysis stock chart, you must have data, i.e. Price and Volume Data. This data includes Open, High, Low, Close, Volume, Delivery Volume, and Open Interest information of stocks and derivatives for a trading day.
The in-built data downloader, viz. WebUpdate, collects end-of-day data and snapshot data (real-time at 11:15AM and 2:15PM) in a custom-defined format with just 1-click from our website, and updates it into the software.
Alternatively, data can also be downloaded manually from our website (using a web browser) and updated into the software using the ManualUpdate option.
The downloaded data is stored locally on your hard drive, and is made available in 2 formats:
data processed for potentially profitable trading and investing opportunities in the stock markets and presented in the form of stock market research and advisory reports
data presented in an as-is (value-added) format and referred to as stock market information and prospecting reports
data presented in a graphical format as technical analysis stock charts
Once the data has been downloaded and stored on your local hard drive, all stock market research and advisory reports, stock market information and prospecting reports, and technical analysis stock charts also get archived on your computer — you could then retrieve these back issues any time for all your needs.
Flash-based Demo of WebUpdate
Flash-based Demo of ManualUpdate
Customizing Settings in ChartAlert® Stock Market Advisory Module
All stock market investment research and advisory reports in ChartAlert® Stock Market Advisory Module come with a specific set of Technical Analysis Events (or Parameters) and Securities (or Companies). Each of the report opens with Factory Default Settings which can later be customized to suit specific needs.
Some of the Technical Analysis Events made available in any Report are listed below.
Open, High, Low, Close, Change and Volume data of a given trading session
5-day, 10-day, 21-day, 50-day and 200-day Moving Averages
Probable 3-day, 5-day and 10-day resistance and support
Relative trend phases (short-term and medium-term momentum) and ranking of stocks
Expected price trading range for the upcoming trading day
Expected price trading range for the ongoing week
Following Events are specific to Trader's Routine reports:
Hinge Price, or the intraday crucial price trigger
3 profit targets for an intraday Long position
3 profit targets for an intraday Short position
Following Events are specific to Frontline/ F&O Advisory reports:
Details of the original recommendation viz. date, market action and entry price
Details of the latest review viz. trailing stop loss, floating profit or loss in %
Short market commentary of price behaviour of stocks
Following Events are specific to the ElliottWave Advisory:
Expected price trading range for the ongoing week
Expected ceiling and floor price levels for the ongoing week
Probable Elliott Wave Count of a stock
Short-term and medium-term price trading ranges
Following Events are specific to Investor's Routine reports:
Details of the original recommendation viz. date, market action and entry price
Details of the latest review viz. close, trailing stop loss, floating profit or loss in %
Direction of short-term and medum-term trend
Following Events are specific to Fundamental Spreadsheet:
Trailing EPS, Forward EPS, and earnings growth rates
Dividend yield and market capitalization (where available)
medium- to long-term ideal buying and selling areas (based on technical analysis and fundamental analysis factors)
These Technical Analysis Events (displayed in columns) and Securities (displayed in rows) settings can be customized and saved independently for each of the stock market advisory report to suit the end-user's trading and investment requirements.
Analysis Schedule of Stock Market Advisory Reports in ChartAlert®
Stocks in Trader's Routine, Frontline/ F&O Advisory and Investor's Routine are analysed and published daily (end-of-day), and the Stock Market Information and Prospecting Reports are also published daily (end-of-day). The guaranteed coverage for all these reports is a minimum of 46 weeks in a calendar year of 52 weeks.
Stocks in the ElliottWave Advisory (EWA) are proposed to be analysed as per the following schedule in a month of 21 trading days:
Week 1 →
Day 1
Day 2
Day 3
Day 4
Day 5
Infosys, Satyam
HCL Tech, Wipro
Reliance, TISCO
M&M, Tata Power
BHEL, L&T
Week 2 →
Day 1
Day 2
Day 3
Day 4
Day 5
HLL, ITC
Tata Tea
ACC, Guj Ambuja
Grasim
Cipla, Ranbaxy
Week 3 →
Day 1
Day 2
Day 3
Day 4
Day 5
Dr.Reddy's, Glaxo
S&P CNX Nifty
The stocks listed in the EWA table above are proposed to be analysed once-a-month, or once-a-quarter, or when warranted, depending upon the conditions of the stock market.
The number of stocks presently analysed in EWA in a trading month of 21 trading days are 20 (excluding the market indices).
The EWA analysis is normally issued by 5AM IST (before the trading day).
The EWA analysis is available for a period of 46 weeks in a calendar year of 52 weeks. The 'hiatus' period of 6 weeks, spread across (a) Diwali, (b) calendar year-end and (c) summer, serves as a rejuvenation period for our analysts. Also see Terms of Use.
EWA analysis is not updated on public holidays: it's generally updated 1 day prior to any such public holidays except in special circumstances when it's updated 1 day after such public holidays.
We reserve the right to make changes to the EWA analysis schedule of stocks without prior notice.
We reserve the right to make changes (additions/ deletions/ modifications) to the list of stocks analysed in EWA.
Stocks in Fundamental Spreadsheet are published on a need-to-know basis or when any upgrades or downgrades are effected (generally) after the announcement of quarterly or annual results, with a guaranteed coverage of 46 weeks in a calendar year of 52 weeks.
Stocks and derivatives data for the Technical Analysis Charting Module are issued daily (end-of-day) with a guaranteed coverage of 46 weeks in a calendar year of 52 weeks.
Summary of Advisory & Charting Features in ChartAlert®
Advisory Module
Stock Market Advisories for Full-time & Part-time Traders
Real-time Stock Market Snapshot Reports at 11AM & 2PM (for Day Trading)
Short-/ Medium-term Stock Trading Strategies
Medium-/ Long-term Stock Investment Strategies
Position Trading & Swing Trading Strategies
1-Stock Snapshot Report
Multi-Stock Snapshot Report
Daily/ Weekly/ Monthly Stock Trading Ranges
Short-/ Medium-term Model Portfolio of Stocks
Stock Market Trends & Outlook Report
Sectoral Outlook Report
NSE Bulk Deals
Substantial Acquisition (SEBI)
Insider Trading (SEBI)
Institutional Trends (FII & MF)
Buzzing Stocks
Stock Market Breadth
Stock Price Data (Cash/ F&O)
NSE Stock Delivery Statistics
Share Price Performance Reports
Trending Stocks
Stock Technical Events
NSE Unusual Performers
NSE Gainers & Losers
NSE & BSE Indices Composition Reports
Stocks by Sector Reports
Stock Market Prospecting Reports
Fully Customizable & Interactive Reports
Grouping Report Contents by Indices/ Sectors/ etc
Advanced Sorting & Filtering
Printing of Reports
Data Collection & Updation
1-click Data Collection & Updation via WebUpdate
Provision to manually download & update data via ManualUpdate
Software Upgrades
Free during 4wkET, 3-mo, 6-mo & 12-mo subscription periods
Both (1-click) AutoUpgrade & ManualUpgrade options available