Ensign software is a charting software used by Stock and Commodity Traders. It uses free Internet data or data feeds from eSignal, InterActive Brokers, Quote.com, and DTN. Ensign Windows has offered advanced charting solution for the FX and other markets since 1981. Being in the surroundings for very long time, it has gained trusts of many people and they have also relied on the software heavily. If we combine with a DTN.IQ feed, then we have the best package available for independent traders at prices that reflect true value.
There are many essential features of ensign Software which make it popular. The package features over 40 indicators, over 20 drawing tools, and the ability to customize both. It also includes the ability of alerts, where one can get alerts when their predetermined level is reached. One more important feature is of back testing.
The most essential features which many users acknowledge are Accumulation Distribution, Accumulation Swing Index, Aroon Indicator, Automatic Trend lines and channels. Also Donchian Channel, Heikin-Ashi Method, High Low Stop, Historical Volatility, Inverse Fisher Transform for RSI, are others features which distinguishes it from other softwares of similar type. Indicators included in it are Exponential, Simple, Market Facilitation Index, Mid Range, Momentum, Volume Index, Price Histogram and Rainbow, Rate of Change, Regression Channel and LRS (slope), Relative Strength Index and many more.
Ensign has a very experienced support team which keeps updating the software and provide solution to their customers. There are many time frames support by the software like Tick, Custom Minute, Custom Hourly, Daily, Weekly, and Monthly. The latest features available on new features include a free forex feed from FXCM i.e. Forex Capital Markets. The feed has real-time quotes on 56 currency pairs. One can have feed from other software’s like signal, IQFeed, transact future. It also has Bradley stock model which is a data file that is overlaid on the host chart, pesavento pattern labels, virgin Point of control fibonacci levels styles gradient line styles. Ensign Windows automatically calculate the spread between the advance and the decline issues or the Advance and the Decline volume and puts this spread in the last field. Other features like Customization layout and customizable indicators are also present. The customizing layout includes alan square, alarmed trend lines, automatic trend lines, andrews pitchfork and schiff lines, arrows, bullets and other marker shapes, area highlighting. The drawing capabilities include gann fan, including automatic 1×1 logic, gann square, harmonic octaves, labels, markers, and notes, linear regression lines, moon phases, parallel lines.
Ensign has received top rating from its users because whatever it does it does with perfection.it has been regarded as one of the best software’s for money. Though sometimes people have some problem with the refresh which makes it slow, but on the whole it’s great to use. It’s pretty fast and now details what it is doing and when completed. Ensign is upgraded constantly and keeps getting better. Its continuous upgrading under continuous development/improvement policy is the best that has happened to its user’s in near future. At the price of 39.5$ per month it is one of the least expensive software out in the market.