What have we been up to?
Leader in HTML5 and mobile stock charting files four technical analysis patents
Charlottesville, VA – April 3, 2013 – ChartIQ, a leader in stock and forex charts, today announced that it has filed for patent protection on four of its innovations in technical analysis.
The patent-pending technologies from ChartIQ include:
Divergence detection, which identifies divergences between price action and oscillating indicators, and visually plots associated price targets.
Automated gap detection and plotting, which allows analysts to quickly identify current and historical trading gaps
Visual sequential count indicator, a novel visual trading signal for sequential count algorithms, such as 9/13 Count
Price projection tool (aka “forward testing”), which allows analysts to test theories for future price movement, using their choice of technical indicators.
“Technical analysis as a discipline has existed for hundreds of years and has developed substantially over the past few decades. Unfortunately, technology innovation has not … Read More »
One of the most popular features in ChartIQ Plus for iPad, Windows8, and web browsers is our gap detection and plotting feature. While some gaps are easy to spot with the naked eye, smaller ones can be tough to spot – and really important gaps from a long time ago, are often off-screen and outside of your view.
Here we can see the SPY and a big gap from New Years 2013:
Easy enough, though with ChartIQ gap detection enabled, it would look like this:
As you can see, the gap has been automatically detected and shaded in. What’s that just below the green candle in mid-November? It’s another gap, that wasn’t quite so easy to spot. Let’s zoom out and see where that came from.
As we can now see, the bottom of that candle was testing (and partially filling) a gap from late … Read More »
We’re lucky at ChartIQ to have extremely dedicated users (thank you!) who love our products, and share with us their feedback on how to make them better. One of the most requested features has been futures charting – energy, grains, softs, equities, currencies, rates, metals, etc.
You ask and we listen! End of day futures data is coming to ChartIQ and ChartIQ Plus in the next few weeks. We’ll also making futures data available in our trading simulators, so that you can practice futures trading with our full set of technical analysis tools.
Real-time futures charting is probably a bit off in the future, due to the high cost of redistributing real-time data from the CME and other futures exchanges. If you have interest in real-time futures charts, please do email us through the website and let us know, as it’ll help … Read More »
ChartIQ Releases First Touch-Enabled Windows 8 Stock and Forex Charting App
Windows 8 store gets leading touch-optimized stock and forex charting app
Charlottesville, VA – February 6, 2013 – ChartIQ, the leader in mobile stock and forex charts, today announced the launch of ChartIQ Plus for Windows 8. ChartIQ Plus is the first and only touch-optimized stock charting tool for Microsoft Surface RT, Surface Pro, and all touch-enabled Windows 8 computers.
When used on a desktop or laptop running Windows 8, ChartIQ Plus is a full-featured stock and forex charting application, with keystroke and mouse commands. When operated from a touch screen – a tablet, ultrabook, or all-in-one touch PC – ChartIQ provides touch gesture access to all of the same features.
“Touch is an integral part of the Windows 8 experience, and we’re proud to be the only stock and forex charting … Read More »
ChartIQ Releases Forex Trading Simulator for iPad
New iPad App Allows Forex Traders to Hone Skills without Financial Risk
Charlottesville, VA – January 22, 2013 – ChartIQ, the leading name in iPad stock and forex charts, today announced the launch of ChartIQ Forex Trading Simulator for the Apple iPad. Foreign exchange traders can now practice trading against historical market conditions, honing their trading skills, without financial risk.
ChartIQ Practice Trading Simulator, released in May, 2012, sold thousands of copies in the AppStore and received critical acclaim, setting the bar for iPad trading simulators. ChartIQ Forex Trading Simulator brings the same advanced market simulation technology to foreign exchange traders.
An estimated 615,000 Americans trade currencies, participating in a global daily turnover of US$3.98 trillion. While paper trading (or “virtual trading”) systems have long been available in the forex market, no tools have been available … Read More »
A new version of ChartIQ Plus just hit the AppStore today (new versions of ChartIQ and ChartIQ Practice Trading Simulator are on the way!) which includes a new drawing feature called Magnet Mode. Magnet Mode has been available on the web version of ChartIQ for a while now, and has finally made it to the iPad app.
Normally if you draw a segment (or any other drawing type), you can get pretty darn close to the top of a bar or tip of a candlestick, but sometimes it’s tricky to get it exactly there. If you look really closely, you’ll see you’re not quite on it.
For the perfectionists among us (me included!), it just wasn’t quite perfect, especially when you’d switch to an intraday chart and see it close-up.
Enter Magnet Mode. Now when I want to snap right to an OHLC … Read More »
Wanted to provide a quick update to all of our current users – open the AppStore on your iPad and download the latest update for ChartIQ and ChartIQ Plus.
Here’s a brief run-down of the changes:
ChartIQ Pro is now known at ChartIQ Plus. New name, new icon, same great product.
Crosshairs are now optional. Within the Options menu at the top of the screen, you can now enable and disable crosshairs. When crosshairs are turned off, scrolling is done with one finger. While most of our customers love the crosshairs, we got some feedback that having 1-finger scrolling would be a nice option.
Horizontal line drawing tool. While it was always possible to draw a horizontal line for support or resistance, it was tough to get it perfectly flat. There’s now a separate drawing tool for horizontal lines. Once selected, position the crosshairs … Read More »
ChartIQ Integrates with StockTwits Unveiling First-of-its-Kind
Social Stock Charting iPad App
New Partnership Allows Charting to go Social and Mobile on the iPad
Coronado, CA – October 25, 2012 – StockTwits, the largest, real-time social network for investors and traders, and ChartIQ, the leader in iPad stock and forex charts, today announced the launch of ChartIQ’s integrated social stock charting experience for the iPad. Now investors can browse, analyze, and share stock charts directly from their iPad, while participating in the largest online finance conversation.
“Analyzing, sharing, and discussing stock charts is important to many of StockTwits’ members. ChartIQ has created an exciting product that provides access to powerful technical analysis tools and StockTwits’ community from within the same iPad app,” said Howard Lindzon, founder and CEO of StockTwits. “Our API program was designed for innovative companies like ChartIQ to … Read More »
ChartIQ Selects Barchart for Real-Time Market Data
CHICAGO, OCT. 9, 2012 — /PRNewswire/ – ChartIQ, the leader in social and mobile stock charting, today launched real-time iPad® stock and forex charts, based on market data from Barchart. Customers can now subscribe to real-time equity and forex feeds directly through ChartIQ Pro on their iPad and receive live, streaming stock charts anytime, anywhere.
Apple® iPads have untethered investors from their desktop, allowing traders to participate more frequently in market activity. ChartIQ is the first charting software with advanced analysis capabilities that is fully optimized for iPads, in addition to the web. With these new, affordable data feeds, traders can now have access to real-time, intraday stock and forex charts directly from their iPad.
“ChartIQ are pioneers bringing a new, innovative application to an industry that has long found working from desktops to be a barrier. Having mobility … Read More »
After reviewing over mobile 90 finance apps, Business Insider assembled a list of the 17 Must Have Mobiles Apps for Investors and included both ChartIQ Pro and ChartIQ Practice Trading Simulator! We’re thrilled to be recognized as one of the best iPad finance apps, and even more so to earn 2 of the top 17 spots! We’re working hard to make ChartIQ the best iPad stock charts (and soon to be the web’s best stock charts!), and it’s flattering to have our work recognized.
Here at ChartIQ headquarters, we’ve been hard at work to build a bunch of new and exciting features. Though I’m not yet in a position to announce everything we have in the works, I will say that real-time forex charts are coming soon to ChartIQ Pro. We’ve received a lot of interest from foreign exchange traders who want the power of ChartIQ Pro, but with the ability to chart and analyze their security of choice.
If you’re currently a ChartIQ user and are interested in forex charting, take a minute and reach out to us on Twitter or through our contact form – we’d love to hear from you, get your input, set you up as a beta tester, etc.
Download ChartIQ PTS
from the iTunes Store®
The question has come in a few times recently, so I thought I’d address it with a short blog post. No, ChartIQ Practice Trading Simulator is not a paper trading system… at least in the classic sense. Paper Trading normally implies taking fake positions in the real market, where what ChartIQ does is take fake positions in a historical market. The difference is subtle, but intentional, and we want to be clear about it.
If your interest is in day trading stocks or forex, you should probably use a traditional paper trading or virtual stock market system. If you’re a technical analyst, interested in swing trading or even a fundamental trader using technical analysis to improve your market timing, ChartIQ PTS is perfect.
What if you have a great idea for how to profitably trade in a … Read More »
While Relative Strength Indicator (RSI) is a commonly used and well-understood technical analysis study, bullish and bearish divergences, as well as Momentum Discrepancy Reversal Points (aka positive and negative reversals) are far less frequently encountered.
ChartIQ is the only iPad stock charting tool that I’m aware of, and frankly the only technical analysis charting tool on any platform, to offer a unique study based on these two indicators. I’ve just posted a page on how to use ChartIQ’s RSI Divergence and Positive & Negative Reversal Study.
For those interested in more of the theory behind RSI divergences, I highly recommend the article Accurately Analyzing RSI Divergences by Tom Aspray over at Forbes. For a more in depth read, check out the book New Concepts in Technical Trading Systems.
Here’s what the study looks like in action:
Friend of ChartIQ, Leigh Drogen, sent out a tweet that alerted me to an article by Tim Hartford called Stock Market Molecules. The article didn’t surprise me much – I’m a firm believer in emotion driving the stock market, so reading about the chemical underpinnings of that made sense. What it lacked in surprises, it made up for by provoking an interesting discussion between myself and Terry (my co-founder here at ChartIQ).
The stock chart and the art of technical analysis are one of the purest ways to measure market sentiment; long before quants were crunching Twitter and Stocktwits feeds, technicians have been reading in to the market psychology though the stock chart.
So why do we discuss the stock chart in the comments of a blog, or in 140 characters of a tweet? Should the social finance discussion – the meta market … Read More »
We’ve had a lot of questions come in about the 9 Count and 13 Count Buy and Sell indicators in ChartIQ Pro and ChartIQ Practice Trading Simulator work. These indicators are normally something that people calculate manually, or perhaps use a spreadsheet if they’re really serious. ChartIQ Pro and ChartIQ PTS both feature our unique visual study which calculates and displays these, and also visually shows the associated support or resistance lines on the chart when a signal completes.
For the full rundown of how it works, please check out How ChartIQ’s 9 Count and 13 Count Buy and Sell signals Work.
Download ChartIQ Pro
from the iTunes Store®
Here at ChartIQ we couldn’t be happier – our flagship iPad stock charting app, ChartIQ Pro, hit the iTunes AppStore today!
What makes ChartIQ Pro not just another ipad stock charting app? Is it our awesome automatic gap detection and charting? RSI Divergence plotting? Built-in social sharing for Twitter and Stocktwits?
Nope. Don’t get me wrong – those are features we’re proud of, but what makes ChartIQ Pro different is that it’s focused on saving you time rather than telling you what to do.
Take the our gap detection feature, for instance. Trading on gaps is nothing novel. It’s a well-worn technique, yet there’s not a single stock charting tool that simply detects gaps and displays them in a way that saves the analyst the effort of searching with their own eyes. Flip is another one. Printing out … Read More »
Last night I was flying back from a conference in Phoenix and had some time to kill on the plane. The flight didn’t have inflight wifi so I couldn’t catch up on the day’s news. What I did was pull out my iPad and spend a couple of hours practice trading in ChartIQ PTS.
As the flight hit turbulence, so did my trades…
Overall, I fared pretty well, with only a few minor misses. I even managed to steer clear of the flash crash (I didn’t know until I looked at my trading ledger later that I was trading the S&P 500 from Aug ’08 on). A solid mix of indicators – stochastics, 9 Count and 13 Count Buy and Sell signals, RSI divergence, 50- and 200-day moving averages – guided my stock trades along.
All-in-all, I can’t think of a better way … Read More »
ChartIQ Practice Trading Simulator just hit one month in the iTunes App Store! It’s been a great month for us, watching sales come in, getting rating and reviews in the App Store, and most importantly – hearing directly from users with their thoughts and feedback. Overall, people thrilled – that it’s the best technical analysis trading simulator they’ve come across, and not just on the iPad.
A lot of users have asked about when we’re releasing ChartIQ Pro – our full-fledged stock chart technical analysis app for the iPad. We’re thrilled that people like PTS, and even more ecstatic that they are waiting for our second app to hit the store.
So, where’s ChartIQ Pro?
In short, it’s almost here! We’ve been going through beta and usability testing, and have been working to refine the product. We’ve also been focused on adding … Read More »
Here at ChartIQ headquarters, we’re very excited that the beta of our first app, ChartIQ Practice Trading Simulator™ is underway. Thanks to the kindness of our ChartIQ Twitter followers, we’ve got about 25 people using ChartIQ PTS and providing us with extremely useful usage data and feedback.
What have we learned from the beta? It’s a bit too early to tell, but we’ve already been able to identify some usability improvements that’ll be added in to the first release. Feedback has been extremely positive on some of our more niche features, like 9 Count and 13 Count Buy and Sell Signal indicators, Market Profile bell curve, etc. A few features that we’re really excited about, like being able to make a projection and have all of your studies calculated out, haven’t yet caught anyone’s attention – we need to make them … Read More »