ChartAlert®

Featured

Hello, India!

This featured post is about ChartAlert, a Real-Time-Enabled and End-of-Day Technical Analysis Advisory, Charting and Scanning Desktop Software

3 minutes

ChartAlert® is a Microsoft® Windows® compatible Real-Time-Enabled and End-of-Day Technical Analysis Advisory, Charting and Scanning Desktop Software that complements your trading and investing needs.

ChartAlert features three seamless modules.

1. The Charting module includes Charting and Masks.

2. The Reporting module includes Basic Advisory Content and Market Reports.

3. The Scanning module includes Basic Scanner, Advanced Scanner, RS Matrix & Trend Matrix, Trading Systems Builder and the Backtester.

Listed below are some highlights of ChartAlert.

1. Charting & Scanning

Candlestick Patterns (Bullish, Bearish, Continuation, Reversal)
Classical Chart Patterns (Bullish, Bearish, Failures)
Harmonic Patterns (Bullish, Bearish)
Point & Figure Patterns (Bullish, Bearish)
Renko Patterns (Bullish, Bearish)

Relative Strength Charts, P&F Relative Strength Matrix, P&F Trend Matrix

2. Stock Scanner or Stock Screener

Basic Scanner
Advanced Scanner
Factory and Custom Scans

3. Reporting

4. Algos or Quants7

Trading Systems (Factory, Custom)
Backtesting (Factory and Custom Trading Systems)

User experience – what to expect whilst using ChartAlert.

Analyze data effectively using advanced features and functions for valuable insights and effortless decision-making.
Easily navigate and learn with the user-friendly interface, ensuring reliable and uninterrupted operations.
Customize features, reports, charts, and scans to meet your specific needs, enhancing value and user experience through collaborative design.
Access extensive “Help” files with learning references, detailed guides, and comprehensive documentation showcasing CASL’s capabilities.
ChartAlert swiftly updates and scans data using multiple threads for improved performance. It will cater to real-time and high-frequency scanning needs in the future.
Receive software updates, enhanced functionality, and new features at no extra cost, including access to updated versions during a 4-week evaluation trial.
Get unparalleled support for any difficulties you may encounter, with email responses within 24 hours and dedicated attention to complex issues within 48 hours.

ChartAlert provides significant long-term benefits that greatly outweigh its affordable cost of ₹19 per day.

A subscription to ChartAlert includes End-of-Day Data that covers NSE Stocks, Futures and Index Options; BSE Stocks; NSE Currency Derivatives; MCX and NCDEX Commodities; and limited Global data.

ChartAlert is Real-Time-Enabled to chart & scan 3rd party real-time data.

Take a look at the dozens of Slideshows/Videos that showcase nearly all of the features mentioned above, or browse through the Frequently Asked Questions, or know more About Us.

Have a query you want answered? Get in touch with us!

See value?
Consider a 4wkET.

Buy a 4wkET Now!

A 4-week Evaluation Trial (4wkET) to evaluate ChartAlert is available.

The 4wkET lets you test-drive ChartAlert for a period of 30 days, and the membership privileges include unrestricted access on a timely basis to all our Indian stock market reports, stock charts, commodities charts, factory scans, or write your own custom scans to exploit trading and investing opportunities available in the asset markets. Learn more about the 4wkET.

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Thank you for subscribing to ChartAlert! As a current subscriber, you can renew at discounted renewal subscription charges. Do remember to read our blog posts to know more about the various features and aspects that come with ChartAlert, or sign up in the sidebar to get notified by email.

Learn more about the software!

Stock Screener – Example 14: Multiple Parameters Multiple Values; 12Mo PP; Top & Bottom 20

This is an example of an optimized scan that demonstrates some enhanced functionality; it can replace the need for writing several scans (as was required in the older versions of ChartAlert); this functionality for the Advanced Scanner was introduced in September 2023.

2 minutes

This functionality will be introduced in September 2023 (Version 23.9.1)

Below is an illustration of an optimized scan that can be created using the Advanced Scanner in ChartAlert.

This one enhanced scan, wherein multiple parameters/ variables can now accept multiple values/ inputs, now replaces the need for writing at least 26 separate scans as was required in the previous versions of ChartAlert.

ATTN: This scan is similar to the earlier scan (refer to Example 13: Multiple Parameters Multiple Values; Yearly PP; Top 20 Bottom 20), with the exception that this scan will list the Top 20 and Bottom 20 symbols of the last 13 months (including the ongoing month).

[BEGIN Top20 M2 mths ago]
Set OptVar M1 = Min:1, Max:13, Step:1
Set OptVar M2 = Min:0, Max:12, Step:1
List symbols
Add Column C M1 bars ago as C1
Add Column C M2 bars ago as C2
Add Column Date M1 bars ago as D1
Add Column Date M2 bars ago as D2
Add Column Chg%(C M2 bars ago, C M1 bars ago) as chg%
Sort on Column chg% desc limit 20
Apply to Nifty
Set periodicity to Monthly
[END]

[BEGIN Bot20 M2 mths ago]
Set OptVar M1 = Min:1, Max:13, Step:1
Set OptVar M2 = Min:0, Max:12, Step:1
List symbols
Add Column C M1 bars ago as C1
Add Column C M2 bars ago as C2
Add Column Date M1 bars ago as D1
Add Column Date M2 bars ago as D2
Add Column Chg%(C M2 bars ago, C M1 bars ago) as chg%
Sort on Column chg% limit 20
Apply to Nifty
Set periodicity to Monthly
[END]

Below is a breakdown of the scan presented in a step-by-step manner.

Stock Screener – Example 13: Multiple Parameters Multiple Values; Yearly PP; Top & Bottom 20

1 minute

This functionality will be introduced in September 2023 (Version 23.9.1)

Below is an illustration of an optimized scan that can be created using the Advanced Scanner in ChartAlert.

This one enhanced scan, wherein multiple parameters/ variables can now accept multiple values/ inputs, now replaces the need for writing atleast 44 separate scans as was required in the previous versions of ChartAlert.

[BEGIN Top20 Year1-Year2]
Set OptVar Year1 = Min:2001, Max:2022, Step:1
Set OptVar Year2 = Min:2002, Max:2023, Step:1

Set Var Bar1 = BARATDATE("31-Mar-Year1")
Set Var Bar2 = BARATDATE("31-Mar-Year2")

Set Var C1 = ValueAt(Bar1)
Set Var C2 = ValueAt(Bar2)

List symbols
Add Column C1
Add Column C2
Add Column Chg%(C2,C1) as chg%
Sort on Column chg% desc limit 20
Apply to Nifty
[END]


[BEGIN Bottom20 Year1-Year2]
Set OptVar Year1 = Min:2001, Max:2022, Step:1
Set OptVar Year2 = Min:2002, Max:2023, Step:1

Set Var Bar1 = BARATDATE("31-Mar-Year1")
Set Var Bar2 = BARATDATE("31-Mar-Year2")

Set Var C1 = ValueAt(Bar1)
Set Var C2 = ValueAt(Bar2)

List symbols
Add Column C1
Add Column C2
Add Column Chg%(C2,C1) as chg%
Sort on Column chg% limit 20
Apply to Nifty
[END]

Below is a breakdown of the scan presented in a step-by-step manner.

Stock Screener – Example 12: Multiple Scan Blocks (like a screener) (“Set report type to…”)

This is an example of an optimized scan that demonstrates the enhanced (“Set report type to…”) function; it can use “Multiple Scan Blocks” to mimic a screener; it can replace the need for maintaining several scans (as was required in the older versions of ChartAlert); this functionality for the Advanced Scanner will be introduced in September 2023.

1 minute

This functionality will be introduced in September 2023 (Version 23.9.1)

Below is an illustration of an optimized scan that can be created using the Advanced Scanner in ChartAlert.

This one enhanced scan now replaces the need for writing two separate scans as was required in the previous versions of ChartAlert . . . It actually functions like a screener by incorporating two sections of code (each marked with its own BEGIN/END statements) designed to identify and analyze two separate conditions.

ATTN: This scan is an identical copy of an earlier scan (refer to Example 4: Multiple Scan Blocks (like a screener)), with the exception of the final line (“Set report type to SUMMARY”).

[BEGIN close>ema(20)]

List symbols where c > ema(20)

Add Column Close
Add Column ema(20) chart(lw=2)

Apply to NIFTY500

[END]

[BEGIN close<ema(20)]

List symbols where c < ema(20)

Add Column Close
Add Column ema(20) chart(lw=2)

Apply to NIFTY500

[END]

Set report type to SUMMARY

Below is a breakdown of the scan presented in a step-by-step manner.

Sectoral Rotation (or) Relative Rotational Charts (RRC)

Sectoral Rotation, or Relative Rotational charts, are a powerful visual tool in assessing how different sectors within a portfolio compare in terms of their relative strength and momentum; it’s easier to spot which sectors are getting stronger or weaker compared to a benchmark, thus highlighting possible changes in market leadership and trends in asset performance

1 minute

In a future version of ChartAlert, users can look forward to the introduction of “Relative Rotational Charts.”

However, before delving into these innovative charts, it’s worth noting that the essential components for creating them — namely, the “RS-Ratio” and “RS-Momentum” indicators — are all set to debut in September 2023.

Stock Screener – Example 11: Multiple Parameters Multiple Values (“step”) (“Cross Variables”)

This is an example of an optimized scan that demonstrates the enhanced (“step”) (“Cross Variables”) functions; it can replace the need for writing several scans (as was required in the older versions of ChartAlert); this functionality for the Advanced Scanner will be introduced in September 2023.

1 minute

This functionality will be introduced in September 2023 (Version 23.9.1)

Below is an illustration of an optimized scan that can be created using the Advanced Scanner in ChartAlert.

This one enhanced scan, wherein multiple parameters/ variables can now accept multiple values/ inputs for scanning as well as create a processing matrix between inputs, now replaces the need for writing atleast twelve separate scans as was required in the previous versions of ChartAlert.

[BEGIN timeP1 XABV timeP2]

Set OptVar timeP1 = min:10,max:30,step:10
Set OptVar timeP2 = min:50,max:200,step:50

Cross OptVar

List symbols where SMA(timeP1) crossed above SMA(timeP2)

Add Column Close
Add Column SMA(timeP1) chart(c=red, lw=2)
Add Column SMA(timeP2) chart(c=green, lw=2)

Apply to NIFTY500

[END]

Below is a breakdown of the scan presented in a step-by-step manner.

Stock Screener – Example 10: Multiple Parameters Multiple Values (“step”) (“Cross OptVar”)

This is an example of an optimized scan that demonstrates the enhanced (“step”) (“Cross OptVar”) functions; it can replace the need for writing several scans (as was required in the older versions of ChartAlert); this functionality for the Advanced Scanner will be introduced in September 2023.

1 minute

This functionality will be introduced in September 2023 (Version 23.9.1)

Below is an illustration of an optimized scan that can be created using the Advanced Scanner in ChartAlert.

This one enhanced scan, wherein multiple parameters/ variables can now accept multiple values/ inputs for scanning as well as create a processing matrix between inputs, now replaces the need for writing at least twenty (!) separate scans as was required in the previous versions of ChartAlert.

ATTN: This scan is similar to the earlier scan (refer to Example 9: Multiple Parameters Multiple Values (“step”)), with the exception of the 4th line (“Cross OptVar”).

[BEGIN EMA(timeP1), RSI(timeP2)]

Set OptVar timeP1 = min:10,max:30,step:5
Set OptVar timeP2 = min:10,max:16,step:2

Cross OptVar

List symbols where c crossed above ema(timeP1) AND RSI(timeP2) < 70

Add Column Close
Add Column ema(timeP1) chart(lw=2)
Add Column rsi(timeP2) chart

Apply to NIFTY100

[END]

Below is a breakdown of the scan presented in a step-by-step manner.

Stock Screener – Example 9: Multiple Parameters Multiple Values (“step”)

This is an example of an optimized scan that demonstrates the enhanced (“step”) function; it can replace the need for writing several scans (as was required in the older versions of ChartAlert); this functionality for the Advanced Scanner will be introduced in September 2023.

1 minute

This functionality will be introduced in September 2023 (Version 23.9.1)

Below is an illustration of an optimized scan that can be created using the Advanced Scanner in ChartAlert.

This one enhanced scan, wherein multiple parameters/ variables can now accept multiple values/ inputs for scanning, now replaces the need for writing atleast six separate scans as was required in the previous versions of ChartAlert.

[BEGIN EMA(timeP1), RSI(timeP2)]

Set OptVar timeP1 = min:10,max:30,step:10
Set OptVar timeP2 = min:10,max:14,step:2

List symbols where c crossed above ema(timeP1) AND RSI(timeP2) < 70

Add Column Close
Add Column ema(timeP1) chart(lw=2)
Add Column rsi(timeP2) chart

Apply to NIFTY100

[END]

Below is a breakdown of the scan presented in a step-by-step manner.

Stock Screener – Example 8: Multiple Parameters Multiple Inputs (Yearly Price Performance) (“Set report type to…”)

This is an example of an optimized scan (yearly price performance) that demonstrates the enhanced “Set report type to…” function; it can also replace the need for writing several scans (as was required in the older versions of ChartAlert); this functionality for the Advanced Scanner was introduced in September 2023.

1 minute

This functionality will be introduced in September 2023 (Version 23.9.1)

Below is an illustration of an optimized scan that can be created using the Advanced Scanner in ChartAlert.

This one enhanced scan, wherein multiple parameters/ variables can now accept multiple values/ inputs for scanning, now replaces the need for writing atleast four separate scans as was required in the previous versions of ChartAlert.

ATTN: This scan is similar to the earlier scan (refer to Example 7: Single Parameter Multiple Inputs; Weekly Price Performance), with the exception of yearly price performance being scanned, and the final line (“Set report type to SUMMARY”).

[BEGIN 1yrPP chg1-chg2]

Set OptVar chg1 = 0, 10, 20, 50
Set OptVar chg2 = 10, 20, 50, 100

List symbols where Chg%(cl, cl 1 year ago) >= chg1 
AND Chg%(cl, cl 1 year ago) < chg2

Add Column Chg%(cl, cl 1 year ago) as chg%

Apply to NIFTYTOTAL

[END]

Set report type to SUMMARY

Below is a breakdown of the scan presented in a step-by-step manner.

Stock Screener – Example 7: Single Parameter Multiple Inputs (Weekly Price Performance)

This is an example of an optimized scan (weekly price performance) that can replace the need for writing several scans (as was required in the older versions of ChartAlert); this functionality for the Advanced Scanner will be introduced in September 2023.

1 minute

This functionality will be introduced in September 2023 (Version 23.9.1)

Below is an illustration of an optimized scan that can be created using the Advanced Scanner in ChartAlert.

This one enhanced scan, wherein a single parameter or variable can now accept multiple values or inputs for scanning, now replaces the need for writing five separate scans as was required in the previous versions of ChartAlert.

[BEGIN timep-wk PP >5%]

Set OptVar timep = 1,2,4,6,8 

List symbols where Chg%(cl, cl timep weeks ago) > 5

Add Column Chg%(cl, cl timep weeks ago) as chg% 

Apply to NIFTY

[END]

Below is a breakdown of the scan presented in a step-by-step manner.

Stock Screener – Example 6: Single Parameter Multiple Inputs; Summary Report (“Set report type to…”)

This is an example of an optimized scan wherein a single parameter or variable can accept multiple inputs thereby replacing the need for writing several scans (as was required in the older versions of ChartAlert); it also demonstrates the enhanced “Set report type to…” function; this functionality will be introduced in September 2023.

1 minute

This functionality will be introduced in September 2023 (Version 23.9.1)

Below is an illustration of an optimized scan that can be created using the Advanced Scanner in ChartAlert.

ATTN: This scan is similar to the earlier scan (refer to Example 5: Single Parameter Multiple Inputs), with the exception of the final line (“Set report type to SUMMARY”).

[BEGIN Close crossed above EMA(timeP1)]

Set OptVar timeP1 = 30, 50, 100, 150, 200

List symbols where Close crossed above EMA(timeP1)

Add Column Close
Add Column EMA(timeP1) chart(color=red, lw=2)

Apply to NIFTYTOTAL

[END]

Set report type to SUMMARY

Below is a breakdown of the scan presented in a step-by-step manner.

ChartAlert features three seamless modules.

Listed below are some highlights of ChartAlert.

User experience – what to expect whilst using ChartAlert.

See value? Consider a 4wkET.

Already a subscriber? Thank you!

See value?
Consider a 4wkET.

Already a subscriber?
Thank you!