Qtstalker
Encyclopedia
Qtstalker is a free technical analysis
program for POSIX
systems. It is similar to commercial software such as Metastock
, Supercharts and TradeStation
, and keeps to a lean, simple design for speed, portability and low resource usage. Qtstalker can be extended because it uses a plugin model. It is free software, distributed under the terms of the GNU GPL.
Technical analysis
In finance, technical analysis is security analysis discipline for forecasting the direction of prices through the study of past market data, primarily price and volume. Behavioral economics and quantitative analysis incorporate technical analysis, which being an aspect of active management stands...
program for POSIX
POSIX
POSIX , an acronym for "Portable Operating System Interface", is a family of standards specified by the IEEE for maintaining compatibility between operating systems...
systems. It is similar to commercial software such as Metastock
MetaStock
MetaStock is a proprietary computer program created by Equis International used for charting and technical analysis of stock prices. It has both real-time and end-of-day versions.- External links :*...
, Supercharts and TradeStation
TradeStation
TradeStation is a Windows-based application, designed, sold and distributed by TradeStation Securities, Inc. It is technical analysis software that is used for analyzing and trading the financial markets. It uses a built-in proprietary programming language named EasyLanguage.TradeStation is a...
, and keeps to a lean, simple design for speed, portability and low resource usage. Qtstalker can be extended because it uses a plugin model. It is free software, distributed under the terms of the GNU GPL.
Features
- A point-and-click object-oriented graphical user interface
- Chart plugins include line, bar, candlestickCandlestick chartA candlestick chart is a style of bar-chart used primarily to describe price movements of a security, derivative, or currency over time.It is a combination of a line-chart and a bar-chart, in that each bar represents the range of price movement over a given time interval. It is most often used in...
, point and figurePoint and figure chartPoint and figure is a charting technique used in technical analysis, used to attempt to predict financial market prices. Point and figure charting is unique in that it does not plot price against time as all other techniques do...
, and swing - Customizable colors
- LogarithmicLogarithmic scaleA logarithmic scale is a scale of measurement using the logarithm of a physical quantity instead of the quantity itself.A simple example is a chart whose vertical axis increments are labeled 1, 10, 100, 1000, instead of 1, 2, 3, 4...
and linear arithmetic scaling, scale to screen - Indicators plugins:
- Bollinger bandsBollinger bandsBollinger Bands and the related indicators %b and BandWidth are technical analysis tools invented by John Bollinger in the 1980s. Having evolved from the concept of trading bands, Bollinger Bands can be used to measure the highness or lowness of the price relative to previous trades.Bollinger Bands...
- MACDMACDMACD is a technical analysis indicator created by Gerald Appel in the late 1970s. It is used to spot changes in the strength, direction, momentum, and duration of a trend in a stock's price....
- Moving averageMoving average (technical analysis)In statistics, a moving average, also called rolling average, rolling mean or running average, is a type of finite impulse response filter used to analyze a set of data points by creating a series of averages of different subsets of the full data set.Given a series of numbers and a fixed subset...
- RSIRelative strength indexThe Relative Strength Index is a technical indicator used in the technical analysis of financial markets. It is intended to chart the current and historical strength or weakness of a stock or market based on the closing prices of a recent trading period...
- StochasticStochastic oscillatorIn technical analysis of securities trading, the stochastic oscillator is a momentum indicator that uses support and resistance levels. Dr. George Lane promoted this indicator in the 1950s. The term stochastic refers to the location of a current price in relation to its price range over a period...
- and 133 others that are in this list
- Bollinger bands
- Chart drawing objects: trendlines, buy/sell arrows, horizontal and vertical lines, Fibonacci retracementFibonacci retracementIn finance, Fibonacci retracements is a method of technical analysis for determining support and resistance levels. They are named after their use of the Fibonacci sequence...
lines, text - Quote plugins download data from online sources such as Yahoo (with quotes from several stock exchange in the world, the full list here), CMEChicago Mercantile ExchangeThe Chicago Mercantile Exchange is an American financial and commodity derivative exchange based in Chicago. The CME was founded in 1898 as the Chicago Butter and Egg Board. Originally, the exchange was a non-profit organization...
, NYBOT - Data import plugins for plain-text CSVComma-separated valuesA comma-separated values file stores tabular data in plain-text form. As a result, such a file is easily human-readable ....
files and MySQLMySQLMySQL officially, but also commonly "My Sequel") is a relational database management system that runs as a server providing multi-user access to a number of databases. It is named after developer Michael Widenius' daughter, My...
database - The "Plugin" architecture for quotes and indicators enables easy future extensibility
- Daily, weekly and monthly chart compression (intra-day in development)
- Various data classes to support for investment types such as stocks, futures, indices, ratios and spreads
- A back testing function allowing indicator performance tests using actual trading data
- A very basic portfolio manager, for tracking open positions
- A Scanner that can scan the qtstalker database for charts that meet a user defined criteria
- You can create your own indicators with the CUS built-in script language.