Stockalyze

Stockalyze is a technical analysis software and trading strategy development platform offered by Lunetek Software Pvt Ltd. According to the vendor, it provides traders with tools for analyzing stock data, creating charts, backtesting trading strategies, and screening stocks based on various criteria. Stockalyze is intended for traders of all sizes, from individual retail traders to small and medium-sized trading firms. It is used by professionals and industries such as individual retail traders, trading firms, financial analysts, investment managers, and hedge fund managers.

Key Features

Technical Chart: According to the vendor, Stockalyze allows users to create stock charts using end-of-day (EOD) stock price data. It offers a range of technical indicators and enables the creation of composite indicators through a simple drag-and-drop operation.

Trading Systems: Stockalyze provides built-in trading systems that generate buy/sell signals and can be used in backtesting. These systems are also used in the stock screener to identify potential investment opportunities.

Visual Trading Systems Editor: The vendor states that Stockalyze offers a visual trading systems editor that allows users to define their own trading systems without programming. The created systems can be used for backtesting, scanning stock ideas, and plotting buy/sell signals on the chart.

Point and Figure Chart: Stockalyze supports point and figure charts with adaptive box sizes. According to the vendor, these charts can be used to detect buy/sell signals and identify support and resistance levels.

Works out of the box: The vendor claims that Stockalyze is designed to be used immediately after installation without the need for configuration. It includes a built-in feature for downloading free stock price data from various sources.

System Tester: Stockalyze allows users to backtest their trading strategies using historical data. According to the vendor, multiple strategies can be tested simultaneously, and parameters can be customized to suit individual trading styles.

Stock Screener: Stockalyze includes a stock screener that can scan and explore stock ideas from a list of stocks. It can identify buy, sell, short, and cover signals based on specified criteria.

Pattern Detection: According to the vendor, Stockalyze can detect various candlestick and price movement patterns in different periodicities, such as daily or weekly.

Annotations: Stockalyze allows users to annotate technical charts with various graphical elements like trend-lines, shapes, and texts. Advanced annotations like Fibonacci retracements and Linear Regression channels are also available.

Portfolio and Watchlist: Stockalyze provides portfolio and watchlist management features, allowing users to monitor their investments, analyze performance, and set alerts based on price and trading systems.