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Thank u Tams, that's encouraging. I only know Bloomberg and Reuters (B's way ahead of R's) so it's good to know there is much better than B out there. Thank u Siuya. Bloomberg's charting tools are just simple, fast and user friendly. I currently trade DAX futures intraday and watch only price action. I use nothing but lines and regression lines on 3-4 timeframes (day, 2 days, 30 days, 6 months) on 2-4 screens. What would be the best software for me, in your view ? Thank you in advance for your opinion. Ingot54, thank u for ur suggestion. I'll take a look to "IncredibleChart" although hourly updates for me is slow. I trade DAX futures intraday and watch only price action. I use nothing but lines and regression lines, I do not believe in complications. If u know a software that fits that I would be glad to know. Thank you in advance. Thank you Steve46, I guess CQG Trader is very good, particularly if one does spread trading (I don't). It's relatively expensive. Last quote I got was EUR 440/month for charting (not including charge for live prices and broker comms). Much cheaper than Bloomberg, though, and worth a closer look. Best Franco

Hi folks, anybody knows a charting software that is comparable in quality to Bloomberg's ? Bloomberg's charting tools are top notch: they're powerful, user friendly and a pleasure to look at. Unfortunately they are bundled with all the rest (news, analysis etc..) and thus far too expensive. What's the closest match to Bloomberg's charting tools in your opinion ? I know that Investor RT and Multichart offer some functions I am interested in (eg: dynamic regression lines with fixed start dates). Any other name ? Thank u ! Franco

Hi "Confused Trader". I have been a stockbroker for twenty years and the advantage of being so, form a trading perspective, is that you are kind of paid to watch the market action and act on it. That's a good training provided that you pay attention to the action (I know many brokers that never did that and know nothing about trading). You can also learn something from interaction with the clients, if they are bright and successful in their trading. The bottom line is that anything that puts you in contact with the market on a continuous basis will be good for you if you are willing to learn. Hope this helps Best F PS: you are not a "confused trader", you are a "trader with a question". Never ever under-rate you. Never ever over-rate you.

hi Charles, in my view if u chose to trade only one instrument and want to make a committment working-hours-wise you will soon get too bored not to act. That way I bet u'll often anticipate entries, ie u buy or sell too early, often hit your stops, too often lose money and then, u know what ? u'll sit there watching the market do what u anticipated it'll do but u'll miss the move. U'll get to feel bad as time goes by without action. In fact u probably hold the view that u have to work/make-an-effort to earn ur living, that making an effort/give-it-a-try is good and ethical. You either change that belief or you better find a solution that fits with it. As a possible solution you could chose to trade TWO instruments. The very action of alternating their charts on your screen, say every 5 minutes or so, and update and adjust ur charting setup if necessary will equate to "work" and partially satisfy ur urge to be active. Do not want to tarde two ? Then trade one live and paper trade the second. What's the important is the "working action" as opposed to sit watching a screen endlessly. Alternatively u could chose to update and adjust ur charting setup at fixed time intervals (5 min or so), and do something else that is useful but easy in between updates. Must be useful but must be uncomplicated. Try and see if this is good for you. Best Franco

Hi Daedalus, no, I do not think it's BS, expectancy is key. In my view it is important to make all single trades you take as insignificant as possible from an emotional point of view. One way to achieve that is to trade as frequently as you can using a positive expectancy strategy. Expecting "too much" from a trade is one way to make a trade emotionally "too significant", which also means it will be more difficult to close it when necessary. You can make astonishing returns on your margin even missing most of the market moves. Of course if you catch most of the market move your returns will be no less than "monstruous" but I think that "astonishing" is good enough. Why be greedy ? All the best FR

LS-Chad, thank you Franco

makes sense, thank you Tams

thank you Tams, I really appreciate u posted several times. The info you provide will be very useful when I'll try to automate my trading (a smart thing to do, smarter than I am for now)

andypap, thank you for your post, The "a user interactive linear regression channel indicator" on hightick.com looks like what I am looking for for now, and I definitely need to give it a try. thank u again

UrmaBlume, thank you for the hint

thank you Tams, although that looks a bit beyond my capacity for me now it definitely provides good map signs. For now I am looking to find a program that alows me to click on the chart (ie select the start of the regression period), move the mouse rightward and get regression lines that update in real time. Please note that the start of the regression period must be fixed, ie I am not looking for a regression performed over the last "x" periods. Among the names u named which one u think does that and is easy to use ? Franco

Hi Tams, thank you for ur reply I will check those names. Ninja does updates regression lines real time but: a) it's a trailing regression period (ie last "x" periods). I need a fixed starting time, instead. b) it shows 3 lines only (Lower, Middle, Upper). To see 5 lines for example one needs to runs simultaneously two regressions over the same period setting two different width parameter. Multichart's helpline just confirmed they do update automatically and the regressions can either be drawn manually or programmed with PowerLanguage. Thank you again Franco

Thank u Shrike, I will check that out take care

Good morning, can somebody help me on this ? I need some software that can show and automatically update regression lines on price charts. I need to see the regression line and the 4 parallel lines that are +/- 1* or 2* standard deviation. Bloomberg has a function like that but subscription is too expensive. In Bloomberg I can: * click under "annotations" (the grey bar on top of a chart); * select "regression"; * click on the chart where I want the regression to start; * move the cursor rightward while keeping pressed the mouse rightbutton to a point on the screen that is past where the last price is; When I release the mouse button the system shows the regression line and other 4 lines that are +/- *1 and *2 times standard deviation. What's important is that the regression lines keep adjusting to new data as new prices flow in. Do you know other charting software that can do that ? Updates in real time would be ideal but also updating once per minute would do. (Reuters' I checked. You can only draw regression line but: 1) they do not update with new prices; 2) the +/- standard deviation lines do not show up) Bloomberg is good to analyse charts, in my view. Any of you know / can recommend charting software that is comparable to Bloomberg's, in your opinion ? Thanks a milion for your help all the best Franco

thank u Robert, I'll check them out

Hi Folks, anybody knows when and where is the next (large) traders expo in Europe, focused on online trading (index futures, forex, commodities futures). I want first hand feel of as many trading/charting/data feeding software/platforms as possible. Anywhere in London, Milan, Frankfurt, Zurich, Paris would do. Also elsewhere in Europe but must be in english. Please let me know Best Franco