AmiBroker AmiCharts Review
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AmiBroker is a complete technical analysis program, allowing a person to study and predict the trend of the market, to give a better picture of the market to the stock traders and investors. This software also help one to maintain a portfolio of all the shares.
Amibroker has all the studies and indicators as built in tools, such as candlestick, moving averages, Bollinger bands, trend lines, Fibonacci retracements and time zones, comparative relative strength, parabolic stop-and-reverse, directional movement, MACD, ROC, RSI, Stochastic, Ultimate, TRIX, CCI, MFI, TRIN, NVI and more.
AmiBroker has a tradition programming language called AFL better called Amibroker Formula Language incorporates over 100 analysis functions, allows the user to back-test the trading systems by allowing detailed reporting, build custom chart indicators and perform screening of large databases.
Amibroker is a collection of features which enable the users to have an edge over the others in online trading technology. These features namely are Drag and Drop indicator creation, True Portfolio Backtesting and optimization with scaling and multiple currency handling, 3D optimized charts, new account manager, an automated trading interface and many more.
The reason why Amibroker is better than all its competition in the market is; first it is feature rich, it has all the feature that are needed by professional online traders, with that new features are added every day on the users request also which makes the software meet the needs of more and more users. Second, Amibroker gives highest quality technical analysis software providing analysis at 10 times the speed at which the competing programs are providing information. Thirdly, this software is thoroughly tested and used every day by thousands of traders, investors and fund managers; the reason to this is that Amibroker provides virtually any trading strategy with highest quality accuracy. Since Amibroker is added with new features every day on user request it can be easily adjusted to fit ones personal trading needs. Amibroker is compatible of working on all the latest operating systems e.g. Windows Vista, Windows XP as well as the old versions like Windows 95 and Windows 98.
Amibroker is very cost effective software. The package not only comes it a very low license fee but also gives the user four consecutive free upgrades, free technical support and free plug-ins and add-ons. Amibroker is one of the best investments that could be done in order to improve ones trading.
Amibroker is way better stock market software than its competing software and that to at a very cheap price of $199. There was a absurd claim that Amibroker charts are not as good as TradeStation and MetaStocks but experts have proven these people wrong, like for instance the black background with the same plotted colors in AmiCharts and TradeStation is way different from one another, the sharpness and clarity of AmiCharts is far better, not to mention that Amibroker produces these charts way faster than TradeStation. Amibroker provide all the support that an actual real trader desires at a very low price.
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For me, as a swing trader, is the best.