Charting Options

Tuesday, Aug 29 2017 by
4

I really like Stockopedia for its screens on fundamentals, and the charts are good. I also understand that they are working on improving the Technical analysis capability of Stockopedia. I’m really looking forward to seeing this released (I don’t think we have an ETA for this). But in the interim, can anyone recommend any online sites (either free, or reasonable subscription), that are good for charting UK stocks?

Only just getting into charting, so my needs at present are fairly basic. The requirements include:
* Ability to quickly and easily draw on charts and label charts (you can draw on stockopedia charts, but I often get aggravated when trying to move objects, in that I end up moving the wrong object).
* Create a watchlist of stocks, that I can quickly be able to flip between stocks.
Easily place overlays of indicators in particular I like to be able to see on the chart
* Curve of MA of Volume overlaid on the volume bars
* Relative Strength of stock price vs another share or index (Nice to have but not critical)
* Curve of Earnings
* MA of price

* Easily place overlays of events i.e. dividend dates, and results (stockopedia charts are great for this)

I don’t need live prices, the 15 minute delay is fine for my current needs.

My style of investing is Growth / trend (so subscribe to the philosophy that O’Neil, Minervini and Stan Weinstein all talk about in their respective books). Charting for entry and exit points plays a large part in these philosophies.

I buy shares though rather than spread bet , as the capital that I use for this is within my SIPP and ISA accounts.

The best site I’ve found so far on the charting front for what I’m looking for is the one offered by tradingview. Currently just using the free version. I think tradingview is more for stock market spread betters and forex traders though, but I like the charts. As I’m only using it for its charts (and don’t currently spreadbet on stocks or forex trade), I’m only really using a small fraction of what that service offers

Before I spend hard earned cash on a monthly subscription though to tradingview, can anyone suggest either…

Unlock this article instantly by logging into your account

Don’t have an account? Register for free and we’ll get out your way

Disclaimer:  

As per our Terms of Use, Stockopedia is a financial news & data site, discussion forum and content aggregator. Our site should be used for educational & informational purposes only. We do not provide investment advice, recommendations or views as to whether an investment or strategy is suited to the investment needs of a specific individual. You should make your own decisions and seek independent professional advice before doing so. The author may own shares in any companies discussed, all opinions are his/her own & are general/impersonal. Remember: Shares can go down as well as up. Past performance is not a guide to future performance & investors may not get back the amount invested.


Do you like this Post?
Yes
No
4 thumbs up
0 thumbs down
Share this post with friends




7 Posts on this Thread show/hide all

James RH 29th Aug '17 1 of 7
1

I've used investing.com (UK site) for charts in the past. Free to use, sign up and you can create portfolios and ability to draw on charts. MA curve line for volume over volume bars is there as is price MA, set to your preference.

I don't tend to use them now as Stockopedia provides all the charting needs I desire but worth a look if you haven't seen them already.

James

| Link | Share
whitepjs 29th Aug '17 2 of 7
1

You can use this service for free.

https://www.prorealtime.com/en/

I tried it for a while, but found it used Java (not sure if it still does), so couldn't use it on a Chromebook.

I use Sharepad for most charting now as it's browser/operating system agnostic is very reliable and has a large range of technical indicators. It also has some decent non-technical indicators/filters etc, although not quite as easy to read/use as Stocko's.

| Link | Share
seismo101a 29th Aug '17 3 of 7
1

James / whitepjs

Many thanks for the suggestions.

I've just taken a look at investing.com. Interestingly, its charts are powered by tradingview. The good thing is, I can put more indicators on the chart, than I'm allowed to when using the free version of tradingview directly from the tradingview website. But on the flip side, the drawback of the investing.com free charts is that they forget my annotations / drawing when I log out from investing.com (which doesnt happen at the tradingview website).

prorealtime looks at first glance a bit more complicated (I had a very quick play around with it this evening). The need to install a ProRealTime executable first on my home PC, means I wont be able to use it at work (which in a way is probably a good thing for me). Plus the free version will limit me to end of day prices only. But you get what you pay for with this sort of stuff. As most of my charting is done after work, that probably will still be fine for my current needs. I'll spend some more time this week further looking at the charting capability that the free version of prorealtime allows.

As my needs grow, then I'll need to look at the subscription options of the options mentioned in the thread. But I'm fingers crossed that Stockopedia alter / update its charting capability to match that which I'm currently looking for before I reach that point (which would be great as then it would be linked to my stockopedia folios that I keep manually up to date with all my transactions).

Thanks again for taking the time to reply to my post and the useful suggestions.



| Link | Share | 1 reply
JohnEustace 30th Aug '17 4 of 7
1

I subscribe to SharePad. They have a number of videos on YouTube to give you an idea of the functionality.

My charting needs aren't very sophisticated but I can't replicate everything I do there on the Stocko charts and I've just grown very used to using the SharePad charting so I'm adopting a not broken, don't fix it approach.

| Link | Share
EssexBoy 19th Apr 5 of 7
3

“Easily place overlays of indicators in particular I like to be able to see on the chart
* Curve of MA of Volume overlaid on the volume bars
* Relative Strength of stock price vs another share or index (Nice to have but not critical)
* Curve of Earnings”

18 months on, Can I endorse the request that Stockopedia include these: particularly the first.

| Link | Share
Furtim 23rd Apr 6 of 7

In reply to post #213318

"But on the flip side, the drawback of the investing.com free charts is that they forget my annotations / drawing when I log out from investing.com"

You can save charts on there by clicking the icon of a cloud with an up arrow (when it chart view). Likewise you can load saved charts with the icon of the cloud down arrow.


| Link | Share
Jcorsellis 23rd Apr 7 of 7

I know you specifically said UK stocks. However, if you, or anyone else, wants my view on the best charting software for US stocks I'd go for TC2000. You can easily screen through sector indexes and sub-sectors too. Doesn't give you the fundamentals as well as Stocko.
JC

| Link | Share

Please subscribe to submit a comment





Stock Picking Tutorial Centre



Let’s get you setup so you get the most out of our service
Done, Let's add some stocks
Brilliant - You've created a folio! Now let's add some stocks to it.

  • Apple (AAPL)

  • Shell (RDSA)

  • Twitter (TWTR)

  • Volkswagon AG (VOK)

  • McDonalds (MCD)

  • Vodafone (VOD)

  • Barratt Homes (BDEV)

  • Microsoft (MSFT)

  • Tesco (TSCO)
Save and show me my analysis