QuoteTracker Review
Wednesday, January 17, 2007
QuoteTracker is an extremely useful application if like me you sit at a computer all day and love watching price action. QuoteTracker interfaces with various data feeds, brokers and financial sites to provide you with real-time streaming data. Some of the feeds are delayed, but if you have a comsec or e-trade account you can put in your username and password and it will extract real-time data.
Live intraday charts are a useful feature, not only displaying the price action in real time, but allowing you to apply indicators and trend lines. You can also display a historical chart. The indicators available are limited but the application doesn’t claim to be a replacement for your current charting application but are always being improved.
Being able to sort a list of stocks by various variables including percentage gain and volume improves speed of finding trading opportunities compared to your brokers watch list page. Multiple watch-lists and portfolios can be maintained.
QuoteTracker can also be used is provide data for trading applications such as Amibroker (requires QuoteTracker registration). QuoteTracker provide s real-time data to these advanced charting applications, allowing you to screen and chart without the need for purchasing expensive live data feeds. If you are relying on 100% guaranteed data, QuoteTracker isn’t a replacement.
The depth of the program is amazing for its price (free) and I’m continually finding new features to try out. Since an e-trade account is free, QuoteTracker is free, obtaining real-time data on your desktop couldn’t be cheaper.
Posts
