Technical Analysis - Great Charts

Technical Analysis package caters to the Technical Analyst's need of the market place. This suite besides providing the regular indicators and studies shall have a facility of running white board forums on various Technical Charts by deploying the internet as the communication medium. It also hosts a variety of proprietary studies for analyzing the prevailing market trends The same also cater to the needs of the users for tracking their respective losses or gains associated with their portfolio.

The Technical Analysis Applet is a Java based applet that can be used for providing advanced technical analysis of series data for debt and equity prices.

• It has the capability to update and refresh the chart on a periodic basis and hence can be utilized to display intra-day movements in these markets.
• It provides the end user the flexibility of attaching any data source to it as long as the output of the data source confirms to a standard format.
• The applet is self contained and all of its functionality can be invoked through its own user interface.
• The applet also provide for zooming so that a user can narrow down to any section of the chart.
• Panning is possible by using the scroll bar
• This applet supports a number of indicators (listed later) that one can draw once the basic price information is loaded.
• This applet also provides the user with Technical studies. These studies are mentioned as below.
  i. Trend Line
  ii. Horizontal Line
  iii. Vertical Line
  iv. Cycle Line
  v. Fan Lines
  vi. Fibonacci Arcs

Chart Types
Great Charts allows your website to display charts with great features. Charts created with GREAT CHARTS can be plotted as OHLC, Candle Sticks, Line and Volume Charts.

1. OHLC: This is bar chart connecting the highest value with the lowest and displaying the open as a tick on the bar pointing towards the left and the close is depicted as a tick pointing to the right.
2. CANDLE STICKS: The application can also plot Japanese Candle Sticks based on the Japanese theory of technical analysis.
3. LINE CHART: This is a chart plotted by connecting all the closing prices.
4. VOLUME CHART: This is a stick chart depicting the quantum of volumes for each tick

Multiple Indicators
Great Charts will let your users design charts for Technical Analysis, with the ability to plot as many as 15 Indicators and more over they can PLOT MULTIPLE INDICATORS ON A SINGLE CHART - your user will be screaming with delight. Great Charts provides a number of indicators that can be plotted. Below is a listing of the indicators available:

1. Simple Moving Average
2. Exponential Moving Average
3. Weighted Moving Average
4. Simple ROC
5. Percentage ROC
6. Envelope
7. Ease of Movement
8. MACD
9. Accumulation Distribution
10. Median Price
11. Typical Price
12. Weighted Close
13. Momentum
14. Bollinger Bands
15. KST (Know Sure Thing)

Plotting Multiple Indicators
Users can specify the number indicators to plot and so multiple indicators can be plotted on a given chart. For each indicator the parameters are to be supplied which determine the actual plotting and the "look and feel".