Good Morning, Bob. Here are a few thoughts on the StockCharts.com features that I use most.
Charts & Annotations.
This is the biggest one for me. I guess I've studied tens of thousands of charts over the past five years. As I see it, getting the eye adjusted to chart patterns is a key to successful Technical Analysis.
It's crucial to me that the charts come up fast and with my settings. That's another thing I believe is that TA works best if you can settle on certain indicators and parameters and stick with them.
I annotate a lot. I annotate where I see signals with MACD, Stochastic, Moving Average crosses, DMI crosses, Support and Resistance lines.
I have a Favorites List with the Major Indexes (Dow, Nasdaq, TSX, HUI, and XOI) with both Daily and Weekly settings. Often I work from the Chartbook view and go directly to Annotation. I find this helps me focus.
I have about 30 Favorites Lists; Indexes, Sectors, Individual Sector (stock lists), My Stocks, Stocks with Volume and Price that I watch, etc.
SharpChart View
I use this view when I hear about anything I want to look at during the day. With this I can quickly flip through a few of my favorite settings, and add something to one of my lists if it looks worthwhile.
Scan Engine
I've got about two dozen scans that I can run.
Usually I run them on one of my Favorites Lists that has about 100 stocks that I feel are worthwhile watching.
CandleGlance View
I use this when I want to skim through a lot of stocks in one of my lists, looking for certain patterns, like maybe where the RSI is.
MarketCarpet
in the next post ... |
