PREFERRED SOFTWARE PROVIDER IS PRIME CHARTS
I use the Prime Charts - Market Master Executive Software , and have been using it since 1998
The range of features are vast and one must realize that this software provides you with the ability to Analyse a Share properly using Technical Analysis Tools . A decision to Buy , Hold , Sell or Wait is important to you, and is simplified by the features of program. You have all the data you need at your fingertips.
This Software provides you with much more than just a chart on which you can plot a few indicators !!!!
IF YOU ARE SERIOUS ABOUT INVESTING USE TRIED AND TESTED SOFTWARE, AS INVESTING IN THE MARKET WITHOUT SUCH A TOOL, IS LIKE TRYING TO INVEST WHEN YOU ARE BLINDFOLDED.
I have used a number of different systems over the years and I have chosen Market Master as my Primary System for the following reasons :
1) FEATURES ARE VAST
Some of the more important features I find useful are :
Highlighting and Scanning Features
This system has the most powerful scanning facility I have come across and is so simple to use.
When one is making a decision to buy, hold or sell , one wants to filter the stock market or chosen shares quickly in order to get a shortlist of the shares that meet your predefined parameters.
Alerts
One can set the system to tell when a particular share has hit a particular price, has moved up or down by a particular percentage , when a particular indicator has been triggered .
In addition shares in the overall market can be ranked to see which shares are performing the best each day in terms of Price , Volume and Value.
Saving your Analysis
The analysis that you complete, can be saved so you can refer to it as the market moves – in other words the information saved is dynamic. One can save different analysis for different time frames for each share , so that you can easily access any analysis you have done for any particular share in which you are invested or are watching .
Templates and Workspaces
Templates can be set up so that you can quickly run through various indicators for a particular share or series of shares ( portfolio, watchlist , sector etc) . This feature saves a lot of time and gives you the ability to quickly make a Buy, Hold or Sell decisions. This eliminates significant duplication of effort.
These are a few of the most widely used features but there are many more to suit the individual preferences of the user
2) USER FRIENDLY
The system has been designed with the bests interests of the user , in fact many of the features have been user requests. The result is that the program is very easy to use as :
- Charts are easily accessible via the Securities manager
- Easily set up your watch list via the “Series” feature
- Set up your trading strategy via chart templates on your “F Keys”
- Scanning feature of the of shares to meet your parameters extremely powerful
- Find those outperforming shares over various time frames
3) INDICATORS AND PROPRIETARY TOOL - SIROC
The Smoothed Indexed Rate Of Change Indicator was written by Prime Charts and I use it as my proprietary indicator as it has been exremely reliable and accurate. This indicator is UNIQUE to Prime Charts software and is probably the single most important reason for using this software. Since using this indicator my returns have improved significantly !! The software has numerous other indicators to choose from, to suit your needs.
4) MODULES – “FIT” ONTO THE BASE SYSTEM SO YOU CAN DECIDE WHAT YOU NEED
5) EXCELLENT SUPPORT
6) ON GOING DEVELOPMENT
In my experience since using the program , new features are continually being added to the program. I have personally requested features to be added to the program.
This is important to me , as the program does not “stagnate” and new features are often “user driven”
Here is a PDF Brochure giving information about the Market Master software
