In today’s world of investing, having the right tools and resources is essential to getting the best returns on your investments. As such, one of the best ways to maximize your profits is to use the right charting and analysis software. StockCharts is one of the leading online charting and analysis program for the stock market. With dozens of features and tools, the program can help investors of all skill levels make smarter explorations. In this article, we will be exploring the top ten hidden features of StockCharts, so you can make the most of your trading decisions.
One of the most useful hidden features of StockCharts is the ability to back test indicators. This feature allows users to virtually run a trade strategy over a range of historical data in order to see how that strategy would have done over the past. By running different types of strategies over a range of historical data, users can make more informed decisions about which strategies and trends to follow in the future.
Another hidden feature is the ability to customize the charts. With StockCharts, you can customize the charts to your own specifications, allowing you to identify the trends and patterns of the market and make predictions about its future movements.
Thirdly, StockCharts also has a powerful data mining function that allows you to search for market opportunities quickly. This is a great tool for investors looking to stay ahead of the curve and seize opportunities before others can.
Fourthly, StockCharts also has a scanning feature that allows you to identify stocks or ETFs that meet predetermined criteria. This is a great way to quickly and efficiently narrow down your list of possible investments.
Fifthly, StockCharts also has a charting feature known as Point and Figure Charts. This feature allows you to look at historical price movements in a visual format, helping you to better interpret the movements of the market.
These are just a few of the hidden features of StockCharts. From back testing to data mining to charting tools, StockCharts offers plenty of features that can make your trading decisions more accurate and profitable. To learn more about StockCharts, make sure to check out the official website.