EzyChart 5: Australia's Charting Software

Oct 1st, 2007 by OQ in PC Softwares
EzyChart 5: Australia's Charting Software screenshot pictureThe popular charting software of Australia, EzyChart. The version 5 is its latest version that is equiped with more than 40 indicators and oscillators included. This software allows you to test your indicators for profitable trades and evaluate the financial effectiveness of trading strategies automatically. EzyChart will also allow the use of unique entry and exit arrows to track and evaluate trades.

Besides indicators, EzyChart also contains stop loss strategies, and money management tools detailed by best selling authors Daryl Guppy and Chris Temby.

EzyChart V5 is easy to learn and easy to use, ideal for the beginner.

EzyChart Features:
Expandable, You can expand the EzyChart to include portfolio management and analysis if you desire.

Exceptional Charting, EzyChart can display stocks as single charts or combined on a multi-screen layout. EzyChart plots Open, High, Low, Close, & Volume which can be displayed as daily, weekly or monthly charts. They can be displayed as Line, Bar, Candlestick, Point & Figure, Equivolume and Gann Chart types.

Exceptional Graphics, EzyChart V5 can be displayed in VGA mode (640 X 480) to XVGA mode (1280 X 1024). EzyChart will automatically calibrate the most effective scale for you and display the chart as a full screen. Of course, the chart can be re-scaled manually as required. It will print quality A3 or A4 full page charts in colour or black and white, making it one of the most effective packages for printer output available.

Indicators, EzyChart offers an extensive range of more than 30 indicators that exceeds even the most powerful overseas competitors. It can now display many of the indicators as histogram sub-charts if desired. This software is also equipped with popular indicators of Daryl Guppy's Multiple Moving Average Oscillator from his book ‘Trading Tactics’ and Chris Temby's Coppock Oscillator from his book ‘Technical Analysis for Trading Index Warrants’.

Entry and Exit, On indicators that have known trading systems for entries and exits such as MACD, MACD Histogram, Gann Swing Chart, Moving Averages and Price Oscillator, EzyChart automatically places the entry and exit arrows on the chart for you.

Hide Charts, EzyChart has the facility to hide the chart behind the indicator or overlayed indicators as desired.

Programmable Toolbar, EzyChart now allows you to select your most popular indicators to be placed on your tool bar. Some indicators, like the Moving Average, can be selected multiple times, so you can have the same indicator with different preferences on the tool bar.

View Zooming, EzyChart allows you to load up to 100 years of data onto your screen. You can then zoom into any particular point on that chart and see the details for a particular period. Regardless of how much or how little data you load, EzyChart can zoom in to a single data bar if desired. EzyChart can also zoom in on volume. This is extremely effective when a stock has a large volume spike on a single time period which causes all other volume periods to be to small. You can automatically zoom volume x1, x2 or x5 to rescale volume.

Drawing Tools, EzyChart offers a full range of useful drawing tools. Other tools available include: Time Cycles, Fibonacci Time Cycles, Elliot Wave Projection, X Axis Time Projection, Adjustable X Axis Scaling, Drawing Tools.

Scaling , Automatic Price Adjusted, Manual User Defined, Linear, Logarithmic.

Money Management, EzyChart contains unique money management facilities that allow you to control your investments. It contains the ability to place ‘Stop Loss’ alarms on your charts these alarms will inform you when the stock price has broken through specified user-defined support or resistance areas. EzyChart also includes the money management strategies incorporated in Daryl Guppy's book "Trading Tactics" and include such money management strategies as: Trailing stop loss, Nominated price stop loss, Count back stop loss, Floating stop loss, Count back break out, Nominated price reversal, Floating price break out All these strategies automatically recalculate as new data is applied to the chart. Used in conjunction with Ezy Chart’s powerful ‘Live Charts’ facilities it will automatically sound an audio alarm and display a visual alarm on any chart that has signalled a buy or sell action.

Chart Statistics, Information can be displayed on any chart on the screen, including the specifications on any indicators and oscillators, the first and last dates of the chart displayed, any comparison stock or index assigned to the chart and any user defined notes. Any notes stored in the ‘Chart Statistics’ screen will be automatically displayed on the ‘Notes’ section at the base of the screen.

Special Live Charts Feature, You can save all your technical analysis and work on any chart as a ‘Live Chart’. EzyChart will continue to add data as the information comes to you and it will continue to update the charts and any technical analysis that you have done. Recalling the chart is push-button simple and you can even get EzyChart to replay them automatically for you as a slide show. This is a very powerful feature in EzyChart that other more expensive programs do not offer. EzyChart is capable of storing an unlimited number of ‘Live Charts’.

The new indicators are:
* Turnover Analysis, allows you to study the amount of accumulated volume stock experiences.
* Magic Channels, define a series of parallel trend lines. The angle of the trend lines is defined by the three X marks.
* Symmetrical Time/Price Analysis (STPA), provides possible future support and resistance levels on price as well as possible future dates for changes in price direction.
* Measured Move.
* Parabolic Stop and Reverse.
* Advance/Decline Builder.
* Private Index Builder.

New Features:
* Separate Indicator Window.
* Improved Price Data Import function.
* GICS Integration - Browsing and Filtering.
* Profitability testing.
* Systems Testing.
* Auto Support and Resistance Lines.
* New Templates and new Style sheets.

Advanced Features:
* Automatic data downloading with BodhiGold.
* Full money management and stop loss strategies.
* Unique “live charts” that will keep updating your alarms and indicators.
* Advanced tools include Gann, Fibonacci and Ewave strategies.

EzyChart is available for $429 for Windows 98, NT, 2000 and XP.

Developer: InfoDirect Ltd