Stocks & Commodities V. 22:11 (94-96): Product Review: NeoTicker 3.0 by Dennis D. Peterson
Product Description
Stocks & Commodities V. 22:11 (94-96): Product Review: NeoTicker 3.0 by Dennis D. Peterson
NeoTicker 3.0 has all the standard features you might expect to find in advanced charting software. But it also has a number of unique features: a pattern scanner that can use multiple indicators or an actual price pattern, the ability to chart multiple time frames on a single chart, and a quote window that includes a line chart for each symbol.
NeoTicker is the integration of several software packages, and it has been carefully developed to serve the needs of NeoTicker’s primary users: daytraders. This is truly an evolving trading package, with many new features that were added after the initial integration and since our last review in 2001.
MAIN MENUS AND CHARTING
Unlike most charting packages, which incorporate their menus into the charting window, NeoTicker uses separate windows for its main and drawing menus. Like all NeoTicker windows, the menu windows can be sized and positioned to fit your screen needs. You can still see your desktop and icons underneath (Figure 1).
More than 14 drawing tools are included, such as Fibonacci levels and the Andrews pitchfork. A unique feature is the ability to overlay data series of different time frames on the same chart, as shown in Figure 2. The weekly candles are displayed in blue, while daily candles are in red and green. To use this feature, all you have to do is right-click on a chart background, which brings up a popup menu with “Add data” as one of the options.
NeoTicker 3.0 has all the standard features you might expect to find in advanced charting software. But it also has a number of unique features: a pattern scanner that can use multiple indicators or an actual price pattern, the ability to chart multiple time frames on a single chart, and a quote window that includes a line chart for each symbol.
NeoTicker is the integration of several software packages, and it has been carefully developed to serve the needs of NeoTicker’s primary users: daytraders. This is truly an evolving trading package, with many new features that were added after the initial integration and since our last review in 2001.
MAIN MENUS AND CHARTING
Unlike most charting packages, which incorporate their menus into the charting window, NeoTicker uses separate windows for its main and drawing menus. Like all NeoTicker windows, the menu windows can be sized and positioned to fit your screen needs. You can still see your desktop and icons underneath (Figure 1).
More than 14 drawing tools are included, such as Fibonacci levels and the Andrews pitchfork. A unique feature is the ability to overlay data series of different time frames on the same chart, as shown in Figure 2. The weekly candles are displayed in blue, while daily candles are in red and green. To use this feature, all you have to do is right-click on a chart background, which brings up a popup menu with “Add data” as one of the options.
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