![]() Real-time price data is crucial for day traders and other short-term traders that typically base their decisions on intraday price movements. The price data is collected real-time in most cases, and will be available immediately for chart analysis purposes. Essentially, a charting platform aggregates price data from a source, typically an exchange or from your broker, and allows that information to be plotted on the price chart in the form of a candlestick chart, bar chart or other charting style. A few others tend to be more specialized and focus on a very specific set of market analysis tools.īut before we get into the nuts and bolts of the different charting software providers, let’s take a moment to really understand what a chart software for trading is and how it might help us in making informed decisions. Most charting programs will provide a library of traditional technical analysis tools and studies such as technical indicators, drawing tools, and volume-based analysis. While some are more focused on a specific market, others are more generalized and can be used with many different types of trading instruments. ![]() There are a host of charting software available in the market. ![]() Click Here To Download Chart Analysis Software Download the short printable PDF version summarizing the key points of this lesson….
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