If you wish to scan databases for technical indicators, breaks of resistance/support etc., my preference is Protrader, I have used IC investor and Vectorvest as well, VV is better if you want to search on fundamentals as well as technicals, are they worth the cost? I think so if you want to put the time in.If you just wish to view charts, then Commsec is fine, and Yahoo Finance (free) also is very good.If you are methodical/analytical, it has good outcomes. Is it worth it, depending on how much you use it. Lots of explorations can be written, and lots of program guides available. BC language is probably slightly easier to learn, but Metastock more powerful. There are lots of formula builders online with shortcuts. Might take a month or two to get up to speed. The other investment you need to make, however, is time in learning the programming language. If you are hardcore into your technical analysis and managing a decent size portfolio, I would say it is absolutely worth it. The software is typically around $1000 and a year of data $600. I have used a few over my journey, and the ones I like are Metastock and Beyond Charts (Metastock is US based and not always easy to deal with due to time differences, whereas BC is here in Melbourne and the support team are great).Check out Bullcharts (refer Brendon 02-9495-8400) …also provides live data charts.A few years ago while writing about trading software that you might find useful:
Over the last few days, we have received some questions about the type of charting software that we use here at Marcus Today.
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