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
dear members,

Fibotrader for those who have not been able to purchase MS or AB.

Fibotrader is available as a completely free version. It is as strong as Amibroker. This has one limitation: The only data source available is the manual ASCII import.

As soon as the trial period of Fibotrader has expired, the program switches to the free mode automatically. Besides the data sources all other functions remain available without restrictions.

Tip: Software-Updates can be downloaded as usual through the AutoUpdate or from the website. This way you can always use the most up-to-date version of Fibotrader.

Some characteristic of Fibotrader is given below:
1. Powerful charting
2. Automatic strategy backtesting and optimization
3. Custom scripting
4. Portfolio management
5. Spreads
6. Watchlists/Alarms
7. Powerful filters
8. Multi-user support
9. statistical analysis

Fibotrader : System requirements
Minimum requirements
50 Mb hard disk memory
Windows 98/Me/2000/XP
64 Mb Ram
Internet Explorer 4 (SP1)

Recommended
2 GHz Processor
Several Gigabytes hard disk memory
512 Mb Ram
Internet connection
Internet Explorer 6
Windows 2000/XP
1280*1024 screen resolution
Optical mouse for chart manipulation

Attention: 32 Mb Ram are the minimum amount of memory supported. It is strongly recommended to supply more memory. Note that not all parts may be accessible at the same time.


DOWNLOAD FIBOTRADER FROM THE FOLLOWING LINK :-
http://www.fibotrader.com/sw_downloads.php

Here is the two links for help fils.

1. http://www.fibotrader.com/help/en/Quickstart_1.pdf
2. http://www.fibotrader.com/help/en/Help_1.pdf


I think it should be my duty to the new Fbotrader users that
they will start their own technical analysis as soon as after installation not
to bother to customize its enviornment. For their convenience I uploaded
my own 'Main' file to Rapidshare. What u will have to do is that unzip it and copy it to
-->Fibotrader -> data folder. Restart Fibotrader.
The 'Main' file contains my own templates and sectorwise classification of NSE stocks. u could also create your own templates.

download link :
http://www.4shared.com/file/8548279/4de794d1/Main.html

here is the EOD database(Quote_0) updated till 2nd Nov. 2006.
what u will have to do is that:
download -> unzip -> u will get the 'Quotes_0' file.
http://rapidshare.com/files/1750552/Quotes_0.7z.html

MONTHLY CONSOLIDATED UPDATE : http://www.4shared.com/dir/1922422/969d4066/Monthly_Update.html

Fibotrader : Step by Step Instruction After Installation and Updation Process

Part-I --> Step by Step Instruction After Installation

1. ........check Launch Fibotrader check box and click Finish.
2. a window named First Start will appear. check the box if u have a permanent internet connection (nothing important). click Next.
3. a window named 'Data Source Assistent' will appear, select
' -No data vendor yet or not in this list'. click Next.
4. Select 'Enter data manually'. click Next.
5. click 'Finish'.
Five windows will pops up automatically. close all of them.
6. close down the Fibotrader also. check the 'Shutdown Quoteman box'
check box.
7. copy the 'Main' file which i have uploaded for your convenience, and
overwright it to Fibotrader--> Data folder.
8. for database copy the 'Quote_0' file and overwright it to Fibotrader-->
Data folder.
9. Update indicator list from Chart manager-> Add indicator-> More from internet.
10. Now u are ready to start your TA.

Part-II --> Updation Process

Now come to the most important part Daily UPDATE. It is not a complex task to accomplish. Just follow the steps..
1. download the daily update file from http://in.groups.yahoo.com/group/bse-nse2005/. u can also use my daily update file from http://www.traderji.com/data-feeds/6885-eod-update-fibotrader.html.
as far as symbol is concerned, my symbols and the symbols used by bse-nse are exact the same.
If u use bse-nse's data, delete the open interest column before importing.
2. unzip it.
3. start Quoteman.(Quoteman will not start automatically with the Fibotrader. to start Quoteman manually go to Start-> All Programs-> Fibotrader->Quoteman. If u want Quoteman will start automatically, click
on 'Preferences' tab (a wheel sign on the Fibotrader toolber, second from the left)->Preferences->general...->check the 'Start Quoteman Automatically'.
i don't prefer Quoteman to start automatically.
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.

At this point of time don't update future from the file that bse-nse2005 yahoo group provides. my symbol is different. but don't worry. i will solve the problem for u. till then i will upload it everyday in thread Data Feeds -> EoD Update of Fibotrader.

Here u will find some useful TIPS on Fibotrader :-
http://www.traderji.com/46657-post21.html
http://www.traderji.com/48367-post57.html
http://www.traderji.com/52056-post97.html
http://www.traderji.com/52240-post106.html



Best Regards,
Soumya
Hello
Thanks for the data & SOFTWARE , I JUST STARTED DOING BASIC TECHNICAL ANALYSIS WITH YOUR HELP
 

Satyen

Well-Known Member
HI satya, how to get intraday data of all the scripts. i have a software with the help of which i get intrady data of BSE scripts. but in tht u individually upload data for each and every script every day which is a very tedious job.

chintan

hi
chintan not know how to update all scrips i was updating intraday data from intraday data provided by soumya in his thread . but i am not updating now due to some time problem (personal)

Regards
Satya
 
Unable to invoke Quoteman..

Hello,

I have been regualarly updating the EOD data manually through quoteman. Now, I am unable to invoke quoteman .. Any suggestions how to rectify this problem..

Regards,
JD
 
Hello,

I am not finding the these India based resources

NSE real time(free)
MCX real time ( free)
Kotakstreet (client only)
moneypor( client only)

in the quote tracker.. I see only the Walletwatch as the free source.. Are you people still see the above four in the recently downloaded Quotetracker..? If so, what is to be done to get these?

JD
 
hi cmohanc, i had not checked out KOTAKSTREET but once u download QUOTETRACKER then in settings u have to mention DATA SOURCE.
So frm INDIA the data sources are;-
NSE real time(free)
MCX real time ( free)
Kotakstreet (client only)
moneypor( client only)

thts why i had wriiten tht the above vendors are available

chintan
Hi Chintan
QT is an excellent software.
But for intraday- the quotes are delayed.EOD is Good.
So without the support of Broker it is almost useless, eventhough we have a practice of WOWing its charting capabilities.
So it is better to find away not to depend on charts.
Mohan
 

chintan786

Well-Known Member
Hello,

I am not finding the these India based resources

NSE real time(free)
MCX real time ( free)
Kotakstreet (client only)
moneypor( client only)

in the quote tracker.. I see only the Walletwatch as the free source.. Are you people still see the above four in the recently downloaded Quotetracker..? If so, what is to be done to get these?

JD
hi j_D, once downloaded QT update it as soon as possible. and then check in data source. i am sure ur problem willl get solved.
 
Dear Sowmyaji,

Thank you for the excellent service you are providing for us by explaining the various features FIBO Trader. This software would not have been so popular among TA enthusiasts but for your untiring help and support.

I encountered two problems while handling FIBO TRADER.
1. In one of your replies to a member`s query , you have replied as under :

Filter
-> Right click on '13&30 : Buy'
-> check-> select Folder -> ok.

But I do not find the filter 13 & 30 in my software. ( I have copied your 3 Main files and Quote files into data folder and also copied your 3 Scripts folder into my Scripts folder . I have only the following Filters in my software under Chart Manager> Filters

1. 8 & 50 Buy
2. 8 & 50 Sell
3. Candle Chalk
4. MACD Buy
5. MACD Buy
6. RSI
7. Stochastic
8. Volume Burst

It appears that some filters , which you perhaps provided , do not figure in my software. Could you advise me on this ?
Regards.

Mohan
 
Dear Sowmyaji,

Mr Saint has given beautiful teaching for laymen like me regarding trend, pivots etc. You have been pioneer in introducing Fibotrader to us . You have not only introduced Fibotrader but are encouraging us to use it very effectively by supporting us and clearing our doubts, however silly they are .

May I request you to integrate Mr Saints teachings in Fibotrader such as creating a template or filter, so that investors are benefited ?

Mr Saints view in a nutshell ( As I understand ) :

We know that a series of higher highs and lows is termed a rally.That a series of lower lows and highs is termed a decline,that a series of higher pivot lows and ( higher pivot ) highs is called an Uptrend,and a series of lower pivot highs is called a downtrend.

When we have a higher pivot high and a higher pivot low.We are in an UPTREND. And when we have lower pivot high and lower pivot low , we are in a down trend

Thanking you in advance

Mohan
 

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