Fibotrader : An Excellent Free TA Software

Which one is best for beginners:

  • Amibroker

    Votes: 204 44.5%
  • Fibotrader

    Votes: 181 39.5%
  • FCharts

    Votes: 73 15.9%

  • Total voters
    458

soumya_b

Active Member
#73
hi,

sorry for being late.

tajinder said:
i have intraday data in my ms format and wana use that for fiibotrader how can i use that ,
help me pleas
thankes
tajinder
export your data in .txt or .csv format by The Downloader->Convert.

thanks,
soumya
 
#74
Hi! Soumya,

I would be grateful if you could please help me with the following queries:

(A) General Queries
1) Whenever I copy symbols in a folder, the software tends to go hang a little and after about 10 seconds or so. After that it becomes okay again.

I have a pretty decent machine, the configuration of which is as follows:
2.4 ghz Pentium processor
512 mb Ram
80 gb hard disk

- Are you also facing a similar problem.

--------------------------------------

(B) Symbol problems
1) Whenever I run a filter for the "NSE" folder, the symbol count shows 5119 symbols, whereas there would be approx 1200 symbols

2) Whenever I run a filter for the "Watchlist" folder, the symbol count shows 30 symbols, whereas there are 10 symbols

The scan therefore takes a very long time to finish.

--------------------------------------

(C) Filters
1) Is there a way to run a filter that tells me that the stock price has crossed the 13 day moving average.
(I don't know what to put in "Value of the indicator" for "Moving Average" shall be greater than ??? Under Indicator preferences, I choose "Periods" = 13)

2) Is there a way to run a filter that tells me that the 13 day "Moving Average" has crossed the 30 day "Moving Average"

3) What is the difference between "Linear" & "Weighted"

4) Is there a way to run a filter that tells me that the Trix has crossed over the Moving average
(I keep the "Periods" settings of "Trix" at 9 and the "Periods" setting of "Moving average" at 5

5) Is there a way to run a filter for "Trailing Stop loss" that tells me that the price has reached the 2nd day's lower low price as of today

To explain this further :
Step 1 Draw a horizontal line from todays low price backwards until it runs into a day with a lower low price.
This is your 1st countback.

Step 2 From the low price of this new lower day, again draw a horizontal line from its low price backward until it runs into a day with a lower price. This is your 2nd countback.

--------------------------------------

Actually, I would be MORE THAN GRATEFUL if you could please help me with the above queries.

Thanks & regards,
Amit
 

soumya_b

Active Member
#75
Hi Amit,

i will try to solve your queries with best endeavour.
For Moving Average explanation go to : http://stockcharts.com/education/IndicatorAnalysis/indic_movingAvg.html

gobatman2001 said:
I would be grateful if you could please help me with the following queries:

(A) General Queries
1) Whenever I copy symbols in a folder, the software tends to go hang a little and after about 10 seconds or so. After that it becomes okay again.

I have a pretty decent machine, the configuration of which is as follows:
2.4 ghz Pentium processor
512 mb Ram
80 gb hard disk

- Are you also facing a similar problem.
don't worry. it is normal behaviour.
------------------------------------------------------------------

gobatman2001 said:
(B) Symbol problems
1) Whenever I run a filter for the "NSE" folder, the symbol count shows 5119 symbols, whereas there would be approx 1200 symbols

2) Whenever I run a filter for the "Watchlist" folder, the symbol count shows 30 symbols, whereas there are 10 symbols

The scan therefore takes a very long time to finish.
i have never encountered such problem. my suggestion is just overwrite the 'Main' file.
i will upload a updated 'Main' file very soon. but keep it in mind that by doing so
all your own templates, watchlists will be lost.
------------------------------------------------------------
gobatman2001 said:
(C) Filters
1) Is there a way to run a filter that tells me that the stock price has crossed the 13 day moving average.
(I don't know what to put in "Value of the indicator" for "Moving Average" shall
be greater than ??? Under Indicator preferences, I choose "Periods" = 13)
u have just made it.
"Value of the indicator" for "Moving Average" shall
be greater than 'Quote'" i.e. closing price.
here the Indicator value is 13 period liner/exponential/weighted moving average.
----------------------------------------------------------

gobatman2001 said:
2) Is there a way to run a filter that tells me that the 13 day "Moving Average"
has crossed the 30 day "Moving Average".
->Filter
-> Right click on '13&30 : Buy'
-> check-> select Folder -> ok.
This filter will search for buy signal on daily chart.
For weekly signal :-
open the Chart of any securities
-> Templates
-> 13-30 Crossover
->open 'Chart resolution'
-> select weekly setting
-> Templates
-> Current templates
-> save
Go to Filter -> Right click on '13&30 : Buy'
-> check-> select Folder -> ok.
--------------------------------------------------------------

gobatman2001 said:
4) Is there a way to run a filter that tells me that the Trix has crossed over the Moving average
(I keep the "Periods" settings of "Trix" at 9 and the "Periods" setting of "Moving average" at 5
u have to create a template of TRIX
-> set the parameter u want
-> open Filter
-> create a new filter say 'Trix : Buy'
-> 'Trading system signal'
->.....
-------------------------------------------------------------------------

gobatman2001 said:
5) Is there a way to run a filter for "Trailing Stop loss" that tells me that the price has reached the 2nd day's lower low price as of today

To explain this further :
Step 1 Draw a horizontal line from today’s low price backwards until it runs into a day with a lower low price.
This is your 1st countback.

Step 2 From the low price of this new lower day, again draw a horizontal line from
it’s low price backward until it runs into a day with a lower price. This is
your 2nd countback.
sorry it is not possible in Fibotrader right now.


I am extremly sorry for being late.
In case there are any more questions please do not hesitate to post.

With best regards,
soumya
 
Last edited:

soumya_b

Active Member
#76
Dear Fibotrader Users,

Updated 'Main' file has been uploaded.
Caution : if u use this file your own templates,
watchlist, filters, indicators will be lost.

best regards,
soumya
 
Last edited:
#78
prakash.jj said:
Hi,
I have the EOD data in AMIbroker format, How to use it for Fibotrader..?

Can anybody help me?
hi prakash,

The easiest way to export quotes to CSV file is to use the below formula from Automatic Analysis window: (Analysis -> Automatic Analysis)

Code:

Filter=1;
AddColumn(O,"Open");
AddColumn(H,"High");
AddColumn(L,"Low");
AddColumn(C,"Close");
AddColumn(V,"Volume",1.0);
AddColumn(OI,"Open Interest",1.0);


Open Your Database.
1) Open: Analysis -> Automatic Analysis
2) Edit -> Paste the above code. Save it as 'Export Data'
3) Pick -> Select 'Export Data'
4) Select All Symbols, All quotations (or any other time range or filter, depending on what you need to export)
5) Press Explore (button)
6) Press Export (button), specify the name and press OK.

(courtesy : Amibroker.com)

Import it to Fibotrader:

3. start Quoteman.
4. click 'Data' -> Import-> click 'ASCII file'
5. A window named 'ASCII import' will appear.
6. select 'End of day'.
7. choose the appropriate file.
8. check the 'Save in folder' check box. select the appropriate folder in which u will save your data.[ when u will update NSE choose NSE folder, for BSE choose BSE folder and for future choose Future folder]
9. click on 'Start' tab-> click Detect Automatically [ a window named Progress
will appear. if it will not vanish within a few seconds just ignore it]
10. click again on Start button.
11. updation complete.
12. close the ASCII import window.
13. Enjoy it.

Thanks,
Soumya
 
Last edited:
#79
Fibotrader : Some Tips

Dear Fibotrader Usres,

Candlestick Pattern Search:

1. open a chart.
2. Templates -> Candlestick Pattern.
3. open indicator pane (click on this '<' sign. middle of the extrem right of
your chart window).
4. Select 'All Candlestick pattern -> Patameters.
5. Formation : your choice (suppose Bullish Engulfing)
Overlapping : Yes
Trend detection : off
6. Keep all signals on (from Signals menu).
7. go to Chart Resolution for time period i.e. daily or weekly or monthly.
8. Templates -> current template -> save.
9. open Filter.
10. right click on Candle Check -> Preferences
11. Indicators -> Trading system signal -> Add
12. a window named 'Trading system signal' will be opened
13. choose trading system 'Candelstick Pattern' -> buy signal/sell signal
->number of look back days in which the signal occured in the respective pattern.
remember one thing that Fibotrader countes holiday and weekend. suppose if u run the
search on sunday to want "is there any pattern on friday's closing" then number of days
should be 3 (friday,saturday & sunday->3)
14. ok.
15. Save and run -> select the folder from Folder drop-down list.
16. OK.
17. Enjoy it.

happy trading,
soumya
 

ragsid

Active Member
#80
Great going Soumya, appreciate it.

There are lot of options in this software that you are introducing it to us. The features are definitely great for a free software.

- Rags
 

Similar threads