How to Do a Financial Chart

A stock chart gives you a visual representation of your investments.

If you want to make a financial chart based on your investment strategy, technical analysis charting software can help you produce a variety of professional-looking charts based on your inputs. Whether you want an open-high-low-close (OHLC), line, or candlestick chart, or if you want to display stochastics, Moving Average Convergence-Divergence (MACD) or Relative Strength Index (RSI), there's software out there to help you navigate the maze.

Instructions

1. Tickpoint's Neoticker is a real-time platform that analyzes the stock market. The software (see Resources) is geared towards users ranging absolute beginners to financial institutions and brokerages. If you are a beginner, the full line of help topics will assist you through the charting process. Neoticker provides a full realm of colorful and professional stock charts. A free trial version of the software is available on the product page so you can try before you buy.

2. Banronn Metastock uses a programming language to create charts that is suitable for beginners. The software (see Resources) requires you to subscribe to a separate data-feed account from a financial center such as Reuters DataLink, QuoteCenter or ProphetFinance. Once you have the data link, you can create charts from information in your database that will inform you of your prime trading opportunity.

3. With a membership to the Stock Charts website, you can create complex charts online without having to download software. A membership to the Stock Charts website (see Resources) gives you the ability to create multi-indicator chart with intraday real-time information and the ability to save your charts. A free version is available, but it is limited to a basic graph with one symbol at a time.

References

• New York Stock Exchange: Home

Resources

• Tickquest: Neoticker
• Banronn: Metastock
• Stock Charts: Home