Talk:Technical analysis software
Mfortier, I have undid your revert, as the original text is either incomplete or inaccurate.
Consider the previous opening description of charts: "A graphical interface that typically shows a combination of price time series along with indicators. Visual representation is particularly important for chartist using patterns such as double bottom, head and shoulders, fibonacci lines etc...", which was replaced with, "
"A graphical interface that presents price, volume and technical analysis indicators through a variety of visual interfaces such as line, bar, candle stick and OHLC (open high low close) charts. The chart data is presented as a time series and users typically have the ability to view historical data with varying interval (sampling) periods. Interval periods range from seconds through to months; short term traders tend to use frequent interval periods, such as 1 minute i.e. the price data is updated every 1 minute, whereas longer term traders tend to use daily, weekly or monthly interval periods when trying to identify price and technical analysis trends. Some charting packages enable users to draw support & resistance trend line or for example fibonacci retracements to help establish trending patterns."
If you disagree with specific content, then please feel free to edit it, not simply revert back to a lesser state.
I suggest that we delete external links when there is not even a technical description of why and how the software is notable.
Mfortier 20:37, 29 September 2006 (UTC)
As suggested on another page, why even have this page if every link is contested to be advertising? Either allow this page, and allow the internal links to relate to the software or do not allow this page and remove all software links.
Andrew (28th November, 2006)
- The subject of TA software is notable by itself while many TA software products are not. Mfortier 05:52, 22 December 2006 (UTC)
I suggest that we keep the format of the table such that the answer can only be an unambiguous yes/no or a number that relates to a verifiable technical feature.
Before adding a new column, first try to judge if it will lead to confusion or marketing abuse. Mfortier 05:11, 15 January 2007 (UTC)
The recent changes from Sensatus have been reverted. A few changes were good, but I had the following major concerns:
- The definition of Scanner has been changed to mean what the TimeToTrade product offer. Scanners are before all for building and sorting lists of traded instrument. User alarms are a minor variation of what could be done from the result of scanning. Alarms and notification deserve to be mention, but it is not what a scanner is.
- The definition of "Custom Indicator" has been reworded to promote TimeToTrade and graphical user interface (GUI). Just mentioning that custom indicators can be done with both script and GUI would be sufficient. The rest is opinion. By the way, neither Tradestation nor TimeToTrade should be mention there because script or GUI coding is not particular to these products.
- The description of EOD was better and the addition of Delayed definition is welcome, but the explanation of who is using each type of data feed is questionable. The explanation on price and licensing is an unnecessary "shopping guide".
- Online/Download could have been a good technical distinction, but it was twisted into a marketing speech in favor of online product (by the way, one of TimeToTrade product characteristic).
- About the new "Mobile Phone/PDA access" characteristic; these days the definition of the different medium of online access is changing. Think of the coming iPhone. This characteristic might quickly become outdated. I believe that the intent here was again to promote one of the TimeToTrade feature.
- Mentioning how much a software cost is a marketing tool, not a technical feature. This new "Free" column should go.
- The definition of "Open Source" is tainted with a negative opinion.
Other changes: - The introduction was in need of rewording, but it should not have been deleted. - Back testing is not specific to stock. - Sections are now incorrect. The whole article is under "Introduction". The table has been moved under "See Also". - The wiki links (such as "drawdown" and "Sharpe ratio") should not have been deleted. - The "broker interface" section has been changed to try to explain the intent of software providers. I do not agree with the new definition. Let’s keep it technical. Broker interface here means trading automation. Period.
The article sure needs some rewording and corrections, but I am hoping that Sensatus will resume doing changes with a neutral point of view.
Just to be clear, I have nothing against having TimeToTrade in the list of software. I am mainly concern about the article becoming a marketing tool.