A technical analysis software is the need of hour for traders as well as investors community. A good technical analysis software is like an extra bullet in your gun to fight this war of money making. Today while intraday trading is as popular as investing and more and more people are indulging in trading the need of a good software is increasing day by day.
A good software provides you accurate data, integrated indicators and automated signal generation, however for automated signal generating facility you may need to pay money while normal day trading software and EOD software are available for free. Most of the brokers also provide good software for day trading.
Some famous softwares are :
Metatrader : MT5 : MetaTrader 5 is an institutional multi-asset platform offering outstanding trading possibilities and technical analysis tools, as well as enabling the use of automated trading systems (trading robots) and copy trading. MetaTrader 5 is an all-in-one platform for trading Forex, Stocks and Futures.
Link : https://www.metatrader5.com/en
MetaStock : It has been providing award-winning charting and analysis tools for the self-directed trader for over 30 years.1.Investar Trading Platform:
It is a desktop based application for Technical Analysis with hundreds of technical indicators with an Alert and screener feature. You can choose different timeframes as low as 1-min for charting.
2. TradersCockpit:
It is another powerful Trading platform with advanced features. It is web-based and does not require to download/install anything on the local machine. Its robust backtesting feature makes it stand apart from others.
3. https://www.topstockresearch.com
Free online plateforms for charting
1. https://in.tradingview.com/
2. https://www.investing.com/
Best Indian broker charting softwares
1- Zerodha
2- Upstox
3- Angel broking App
4- Sharekhan
There are many other options available but above are the best for charting purpose. We personally use & suggest investing.com for intraday & chartnexus for EOD charting.
