A stock trading software for generating charts and technical indicators to aid in trend analysis and decision-making
Trader's Little Helper is a desktop application designed to assist stock traders with technical analysis. It generates interactive charts and graphs for stocks, ETFs, and indexes, allowing traders to visualize price movements and trends over customizable timeframes.
The software includes a wide range of technical indicators that traders can overlay on charts to help identify areas of support and resistance, overbought/oversold levels, and signaling potential entry and exit points. Some indicators provided include moving averages, Bollinger bands, RSI, MACD, stochastics, pivot points, and Fibonacci retracements.
By combining chart patterns with indicator signals, Trader's Little Helper aims to help traders better time their trades. The graphical analysis makes it easier to spot chart patterns like double tops/bottoms, head and shoulders, triangles, flags and pennants. Alerts and scan features can also automate pattern recognition or indicator signals to aid analysis.
Trader's Little Helper offers a clean, customizable interface for fast charting and indicator analysis. It includes risk/trade management features as well, like position sizing calculators and the ability to quickly view profit/loss on open positions. The tool is targeted towards active stock, ETF, and index traders that rely on technical analysis for decision making.
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