Stock Wrap Express Charts (SWEC)

Created by Ayamae, Stock Wrap Express Charts (SWEC) is a free charting, scanning and portfolio solution suitable for most traders’ requirements. The functionality provided is comprehensive compared to other solutions available on the internet. Ayamae are very pro-active with bugs and feature request and also maintain a wiki. They seem to understand that providing feedback, good and bad, is the best way to encourage the use of their product.

Charting
Currently supporting 16 exchanges and over 100 Tools and indicators, SWEC provides traders with all the data and features provided by more expensive solutions. I have currently been using the charts created for my blog, as I find them attractive and clear to view. The idea of saving workbook’s of charts is extremely useful when trying to maintain different lists stocks.

A few simple features is still missing, but have been added to the forum as request. These include specifying the color of indicators and applying pre-defined templates to charts. Until these are added, the speed of charting is a bit slow for me as I require sometimes close to 13 indicators to be added to every chart I want to view (mostly moving averages).

Portfolio Management
The portfolio management provides the basics of functionality for this task. I really like the summary page, providing a quick view of each portfolio created with key statistics. The speed of adding past trades to a portfolio are greatly improved over other portfolio management solutions as SWEC automatically fills in the closing price of a stock when selecting a past date.
More reports are required before I will continue to use this as my portfolio management tool. A position size calculator would also be handy.

Scanning Manager
Currently providing 65 customizable scans, SWEC provides the basics scans for a lot of popular trading strategies. Examples include MA cross over, candlestick patterns and a few of J Welles Wilder scans. Pat of the feature requests is a formula creation and back testing. This will greatly improve the solution, providing functionality more expensive solutions are relied upon.

I recommend MarketNinja readers to download a copy of SWEC to determine if the functionality provided will suit their needs. I am going to continue to use SWEC for charting and supporting Ayamae in their products. I currently have no affiliation with Ayamae.