From Greed to Great: Amibroker as your Charting Tool

Amibroker as your Charting Tool

In the equities trading world, technicians generally need tools in order to plan and execute their trades. Unlike fundamentalists, technicians need charting tools in order to properly plan their trades, executing their trades, and completing/closing their trades.

For technical traders here in the Philippines, there are a lot of charting tool to choose from, and most are provided as free. The following list below are the charting tools available:

ChartNexus
Investagrams (Currently not available)
Investing.com
Bookaka.com
Online Brokers Charting tools such as COL, FirstmetroSec, Maketrade, Philstocks, etc.
Others

While these platforms offer you enough tools for every technician to use, for me, I would want to have automated screeners which I can use to provide me the list of stocks to watch, and one tool does it best: Amibroker.

Just to clarify, I am not in any way connected to Amibroker. I am introducing this tool so everyone is able to explore on this tool and make it their companion.

Figure 1: Amibroker V6.0

Amibroker provides you with charting tools useful for every technical traders, and also it has its own Amibroker Formula Language (AFL) which you can code screeners, make other charting indicator, you can code it provide you with buy and sell signals, etc. It is very powerful that I highly encouraged you to try this one out.

Though Amibroker is not free, you can try their free trial so you can have a taste on what Amibroker looks like.