Usually, an effective charting software greatly helps in making an investor truly successful and one such efficient charting software is ChartNexus.
ChartNexus has a comprehensive list of all the popular indicators and the user has the liberty to customize own indicators, parameters, and even create multiple indicators of the same kind on the same chart too. It also comes with certain tools for doodling, drawing trend lines, shapes, lines, arrows, etc., and even linear and logarithmic price scales for viewing the equity in different intervals of time, which could be on a daily, weekly or monthly basis.
The application also incorporates a data downloader that automatically downloads and updates user data on a daily basis, and a Portfolio manager for keeping track of the trades. It has many attractive features, but the best part is that it comes totally free of cost with a 3-year license, along with a comprehensive list of popular indicators. Moreover, the user also gets free access to the entire database of the EOD market, including the world indices.
Pros
- Multi-window charting system supporting all popular world indices
Cons
- Functionality is a bit complex
I downloaded free ChartNexus for my PSE trades. I made it twice, but still it tells me to purchase the software. Because the program misleads the public in giving free charting software, I won't buy it anymore. Sorry, ChartNexus.
It is easy to use and I got market data I need free... Though it has only 3-year data for free, so far it is sufficient for me. Thanks for the software.