WEBOTRON : Powerful Technical Analysis Software for non technical persons...
- Thread starter linkon7
- Start date
D
The interface of the software looks like this :
There are various systems like macd, rsi aroon etc on the top left box.
On the right box is the name of the stock.
The main box in the centre shows the graph / chart of the stock selected. there are small radio buttons which if activated will highlight the candlesticks, overbought / oversold, resistance and support lines, trend, trendlines etc.
You can look at the graph and see for yourself if the stock u want to analyse is in a up-trend or down trend by the shade of colour. if its overbought or oversold by a small round ball at the bottom of the candlestick etc.
You select any one system and there are further classifications. for example, i have selected macd no. 2 and as per that system, there was a buy in reliance on 18th march at 1300 price level.
This software lets you test various systems (SMA, MACD etc) and each system is highlighted by a buy / sell arrow.
There is a summary button on the top left box and that will make a summary of all the systems (like macd cci, rsi, sma, aroon etc) and tell you in a jist form what each of the indicators are telling you.
i am enclosing a summary for reliance as on end of 6th April'09
_____________________________________________________________________________________
Global Information for RELIANCE.csv (Based on daily datas) 6-APR-2009
The Webotron says ...
This is what Webotron Stocks has to say about this symbol.
Last Prices 6-APR-2009
Open High Low Close Volume
1700.0000 1742.3000 1645.6000 1674.8500 5259028.0000
The Trends
We work with 3 trend periods. Long Term, Medium Term and Short Term. The Long Term Trend is the strongest of these 3 trends and the Short Term Trend the weakest. So, if you get a signal from the Short Term Trend, have a look to the Long Term, too. The Long Term could give the Short Term more power, if their trend direction is the same. If all 3 trends have the same direction, we talk about a strong trend.
The Short Term Trend
The short term trend of this security is BULLISH.
The Medium Term Trend
The medium term trend of this security is BULLISH.
Long Term Trend of this Stock
The long term trend of this security is BULLISH.
Attention: It could be that the long term trend starts to change its trend direction to the downside or enters a trendless phase.
Short Term Reaction (RSI)
The short term Relative Strenght Index (RSI) of this security is above 80. This shows us that the stock is OVERBOUGHT. Mostly the price will fall for a short time. This short term indicator is also a pretty good timing tool, if the stock follows a long term downtrend, this could be a great signal to go short with this stock. This signal tells us nothing about the medium and long term trend.
Die Pivot Points for the next bar.
The floor traders use Pivot Point to determine Support & Resistance lines. The following Pivot Points were calculated for the next trading bar.
Pivot Point Resistance 2: 1784.2833
This ist the 2. resistance line, which could stop a rising price.
Pivot Point Resistance 1: 1729.5667
This ist the 1. resistance line, which could stop a rising price.
Pivot Point: 1687.5833
This is the golden middle of the Pivot Points. A price above this line with an uptrend momentum is a sign to go LONG. A price under this line with an downtrend momentum is a sign to go SHORT.
Pivot Point Support 1: 1632.8667
This ist the 1. support line, which could stop a falling price.
Pivot Point Support 2: 1590.8833
This ist the 2. support line, which could stop a falling price.
The Support & Resistance Line for the next Bars
An external information resource about S&R Lines.
StockCharts.com - Support & Resistance Lines
Resistance Line 2: 1414.1000
Resistance Line 1: 1390.0000
Support Line 1: 1115.3000
Support Line 2: 1065.0000
Bollinger Bands
The distance between the two Bollinger Bands become larger. This is a sign for a trending price.
_____________________________________________________________________________________________________
There are various systems like macd, rsi aroon etc on the top left box.
On the right box is the name of the stock.
The main box in the centre shows the graph / chart of the stock selected. there are small radio buttons which if activated will highlight the candlesticks, overbought / oversold, resistance and support lines, trend, trendlines etc.
You can look at the graph and see for yourself if the stock u want to analyse is in a up-trend or down trend by the shade of colour. if its overbought or oversold by a small round ball at the bottom of the candlestick etc.
You select any one system and there are further classifications. for example, i have selected macd no. 2 and as per that system, there was a buy in reliance on 18th march at 1300 price level.
This software lets you test various systems (SMA, MACD etc) and each system is highlighted by a buy / sell arrow.
There is a summary button on the top left box and that will make a summary of all the systems (like macd cci, rsi, sma, aroon etc) and tell you in a jist form what each of the indicators are telling you.
i am enclosing a summary for reliance as on end of 6th April'09
_____________________________________________________________________________________
Global Information for RELIANCE.csv (Based on daily datas) 6-APR-2009
The Webotron says ...
This is what Webotron Stocks has to say about this symbol.
Last Prices 6-APR-2009
Open High Low Close Volume
1700.0000 1742.3000 1645.6000 1674.8500 5259028.0000
The Trends
We work with 3 trend periods. Long Term, Medium Term and Short Term. The Long Term Trend is the strongest of these 3 trends and the Short Term Trend the weakest. So, if you get a signal from the Short Term Trend, have a look to the Long Term, too. The Long Term could give the Short Term more power, if their trend direction is the same. If all 3 trends have the same direction, we talk about a strong trend.
The Short Term Trend
The short term trend of this security is BULLISH.
The Medium Term Trend
The medium term trend of this security is BULLISH.
Long Term Trend of this Stock
The long term trend of this security is BULLISH.
Attention: It could be that the long term trend starts to change its trend direction to the downside or enters a trendless phase.
Short Term Reaction (RSI)
The short term Relative Strenght Index (RSI) of this security is above 80. This shows us that the stock is OVERBOUGHT. Mostly the price will fall for a short time. This short term indicator is also a pretty good timing tool, if the stock follows a long term downtrend, this could be a great signal to go short with this stock. This signal tells us nothing about the medium and long term trend.
Die Pivot Points for the next bar.
The floor traders use Pivot Point to determine Support & Resistance lines. The following Pivot Points were calculated for the next trading bar.
Pivot Point Resistance 2: 1784.2833
This ist the 2. resistance line, which could stop a rising price.
Pivot Point Resistance 1: 1729.5667
This ist the 1. resistance line, which could stop a rising price.
Pivot Point: 1687.5833
This is the golden middle of the Pivot Points. A price above this line with an uptrend momentum is a sign to go LONG. A price under this line with an downtrend momentum is a sign to go SHORT.
Pivot Point Support 1: 1632.8667
This ist the 1. support line, which could stop a falling price.
Pivot Point Support 2: 1590.8833
This ist the 2. support line, which could stop a falling price.
The Support & Resistance Line for the next Bars
An external information resource about S&R Lines.
StockCharts.com - Support & Resistance Lines
Resistance Line 2: 1414.1000
Resistance Line 1: 1390.0000
Support Line 1: 1115.3000
Support Line 2: 1065.0000
Bollinger Bands
The distance between the two Bollinger Bands become larger. This is a sign for a trending price.
_____________________________________________________________________________________________________
Has the address of the website changed.When i click at www.webotron.com it is taking to some christanity site.If any one has updated address kindly intimate.
^^ One can download it from http://www.easy-share.com/1907733448/Webotron_Stocks_Analyzer.zip
Found the link from Google's Web Cache.
Found the link from Google's Web Cache.
.
If you have downloaded the software from webotron site you may not get input folder as the software is not ment for Indian market. However originator of this thread had prepared one exe file which would map indian stocks for the software . I think he has given path to download the same somewhere in this thread so go through the complete thread you will get all required details. besides input folder you need to get exe file also. thanks
If you have downloaded the software from webotron site you may not get input folder as the software is not ment for Indian market. However originator of this thread had prepared one exe file which would map indian stocks for the software . I think he has given path to download the same somewhere in this thread so go through the complete thread you will get all required details. besides input folder you need to get exe file also. thanks
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