StockwareLive
Intraday Charting and Stock Analysis Software that gives Live Buy/Sell/Hold Signals
StockwareLive is a software developed specifically for intraday traders. It displays intraday price charts side by side in full screen mode, that auto refreshes with the latest data. It will also plot any technical indicator of your choice and creates buy, sell signals on chart.
The intraday trader can quickly view the price movements of upto 15 securities or stocks side by side for quick evaluation. Stocks from 26 exchanges around the world are listed and made available free through Yahoo Finance. The trader can search and select the favorite stocks and group and save them together under various segments like banks, auto, pharma etc. Live intraday data stored locally in the PC in Metastock format can be imported into the software. The user can quickly switch between different data folders or market segments.
It includes Franklin Oscillator, the proprietary indicator of StockwarePro. Franklin oscillator moves like a wave and does not fluctuate too often. It changes direction when it hits a support or resistance level. It gives clear entry, exit, stop-loss and hold levels for intraday traders. Franklin oscillator crossing the zero line in upward direction is the buy signal and that typically happens only two or three times during intraday. Franklin oscillator works best in 1 min format. For confirmation 2 min format can be used. Signals generated by this indicator have been tested to be 90% accurate. Buy, sell and hold signals based on Franklin oscillator will be displayed using icons and green or red line borders around the charts. Trigger levels for generating the buy, sell signals can be changed.
Several other technical indicators popular with intraday traders like Stochastic oscillator, MACD, Price rate of change (PROC), Relative strength index (RSI) are also included.
It is the best tool for side-by-side monitoring of your favorite stocks. Track market movements with the help of reliable indicators and make profitable calls. Latest version is V3.4 released 12th Oct 2023. File size 1.6MB.