Why is technical analysis so important?
Technical analysis focuses on examining and anticipating price movements in financial markets. Technical analysts learn to identify historical market patterns so they can predict forthcoming market trends and make smart trending decisions based on those predictions. Not surprisingly, an enterprise technical analysis solution helps visualize movements and patterns in a meaningful way.
To vendors and brokerages, a good technical analysis solution is key to attracting and retaining active traders. A weak technical analysis offering that doesn’t advance along with new analysts, or impress current power analysts, will cost you valuable clients. By investing in a technical analysis charting solution with the most advanced tools on the market, you’re guaranteed customers for life.
MACD and RSI studies below a candlestick chart with Bollinger Bands and channel lines.
Shopping for a technical analysis platform
When shopping for a technical analysis platform for your website or online brokerage, be sure the offering contains a wide variety of technical analysis charts and tools: both standard and niche. Technical Analysts depend on tools that help them find trends and patterns in the market. These tools become their arsenal with the goal of understanding and identifying chart movements, patterns, and market trends. Each technical analyst is unique and relies on a range of tools, from moving averages, oscillators, support and resistance levels, and technical indicators.
ChartIQ provides a truly comprehensive trading analytics platform
- Enrich your TA offering by incorporating any third party data including proprietary content, alternative data sets, or analytics from any data source. Gain insights with data forecasting
- Trades, research, news, and social or economic reports can be plotted directly on the chart as events, or visualized on the chart as swim lanes
- Plot multiple instruments across every asset class
- Draw from 125+ technical indicators, 20 chart types and a suite of advanced drawing tools
- Studies may be applied at any time increment and on any chart type, from sub-second bars to daily/weekly/monthly
- Apply studies to any chart type including Renko, Kagi and Point & Figure
- See each trade as it occurs in real-time with scrolling tick charts
- SignalIQ lets users define signal events based on custom defined rules. The signal events appear on the chart as markers to aid and real-time and technical analysis
- Create linked graphic experiences with term structure, option curves and related cross-section plots
- Advanced studies support Options Analytics and trading
Price Oscillator and RSI studies below a candlestick chart with Bollinger Bands and Elliot Wave overlays. Drawing tools, events panel and 100+ studies dropdown shown.
What’s included in ChartIQ Technical Analysis?
Technical Analysts depend on technical indicators (or studies) to help them predict what the price will do next. Drawing tools help traders visualize trends, and every trader utilizes a variety of chart types to see market action more clearly. See below list of what’s included in ChartIQ Technical Analysis.
See Investopedia’s article, 7 Technical Indicators to Build a Trading Toolkit. ChartIQ includes each and every one of these tools.
Studies
MACD
RSI
Bollinger Bands
Williams %R
Alligator
Plus 100+ more
SignalIQ
Apply a signal marker to any study
Drawing Tools
Annotation
Statistics
Technicals
Fibonacci
Elliott Wave Drawing Tool
Plus many more
Chart Types
Bar
Colored Bar
Baseline
Hollow Candle
Volume Candle
HLC Bar
Scatter Plot (time series)
Heikin Ashi
Kagi
Line Break
Renko
Range Bars
Point & figure
Technical Stock Charts with the power to do more
Give traders an experience catered to their needs, whether they are generalists just dabbling in technical analysis or power technical analysts. Deliver a custom set of technical studies and drawing tools, and leverage our API to meet any UX design standard. Traders have the power to customize and integrate technical charts into their workflow.
Unparalleled performance across any device
Built on the HTML5 Canvas, ChartIQ is designed to handle 50,000+ data points, updating in real time down to the millisecond while continuing to deliver a fully interactive chart. Our JavaScript library runs on all modern browsers and touch-screen devices, and we now offer a mobile native application.
Visit our mobile page to learn more
Study browser for trader education
The Study Browser is a convenient flyout menu used for the discovery (and information about) studies. Traders can find studies by search, active, favorites, most popular, or category for different types of studies. The Study Browser also includes an explanatory education page for a detailed overview of each study. This way traders can learn directly on the chart, without leaving your website or platform.
Partnership integrations
Our Estimize plug-in gives users access to crowdsourced earnings and revenue estimates from 100,000 analysts. For more technical traders, the Trading Central plug-in provides expert analytics on over 72,000 financial instruments.
MT Newswires, the leader in delivering original and unbiased financial news to the global investment community, can now be integrated directly on your ChartIQ chart. End users can interact with news events by clicking the MT Newswires icon to see what event may have caused a security’s position to change. For those who want access to real-time, multi-asset class news without leaving their chart, it’s a game-changer. Read about MT Newswires partnership.
Autochartist is a world-renowned technology partner that provides real-time market analysis for traders. Traders can see market opportunities at a glance, reducing the complexity of chart analysis. Backed by big data, Autochartist’s proprietary pattern recognition technology identifies trends that may be present in a given market dataset by drawing the patterns, such as rising and falling wedges, head-and-shoulder patterns, and flag formations, to enable traders to make smarter trading decisions. Read about Autochartist partnership.
GoNoGo Charts, llc has partnered with ChartIQ to help traders and investors take the guesswork out of making important trading decisions. The name “GoNoGo” comes from the phrases “go” and “no go” used by NASA engineers to indicate space launch readiness. They take a weight-of-the-evidence approach working through rigorous checklists to put probabilities in their favor. Help make more responsible traders! Read about GoNoGo partnership.
Compare multiple instruments across one time feed, or compare the same instrument across many time intervals. Traders can also look at an instrument using different chart types. Select from pre-defined templates to create a customized workflow.
Does your screener only provide fundamentals? ChartIQ Technical Analysis allows you to add technical indicators to your screener and alert engines. Traders gain an additional edge when they can search a universe of securities.
Enable users to automatically label impulse and corrective waves in accordance with Elliott Wave methodology.
Studies for Institutional Traders: Projected Volume at Time and Projected Aggregate Volume
Our ChartIQ 8.0 release includes two new studies we’ve built specifically for institutional traders, helping them solve the problem of analyzing intraday volume activity.
