Amibroker

Amibroker is a state of the art technical analysis tool.

It provides superior technical analysis, charting and programming capability for a fraction of the cost of equivalent commercial tools such as trade station.

The great thing AbOUT it is that you can write your own indicators, systems and exploration quite simply especially if you already have a previous programing background, non programmers can also pick this up but they will need to understant the AFL language first.

The AFL language looks like java, you can also use vb script if you are more comfortable With It.

The only disadvantage is the lack of training materials, although this may not be a big stumbling block, the online help is quite comprehensive.

In this entry, the focus will be on generating material for AFL programming, it should not replicate the online help rather it should provide snippets of useful information and tips and show some simple trading systems.