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Computerized Investing > August 11, 2012

FCharts Pro

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by CI Staff

FCharts Pro is a stock charting, screening and trade testing program that runs on the Windows operating system. The program allows users to download historical and intraday stock quotes, screen for the best companies, chart them using a variety of options, such as point and figure and Gantt charts, apply indicators and overlays to the charts, record transactions and much more. Technical analysts can annotate charts with trend and Fibonacci lines, analyze their trading strategy with the Trade Testers, and create custom indicators that can be signaled on a company’s chart.

FCharts Pro truly boasts a wealth of features that are fully customizable. Unfortunately, the program is remarkably difficult to use, even for basic functions, such as downloading price data. Perhaps the simplest way is to enter a ticker symbol and select the show button, which will open a window saying the ticker is not in the database and asking if the user would like to add it. After adding the ticker to the database, right-click on the chart window, go to Data and select Backfill 12 Months Data. To download multiple stocks at once over a custom timeframe, each ticker must first be added to the database before selecting the Import Export button and going to the Backfill tab.

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