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Software Review: EzyChart Print E-mail

Software Review: EzyChart

Description: EzyChart is a popular Australia-made charting and technical analysis software. It enables investors to plot and analyse price charts of shares, derivatives, indices and currencies.  EzyChart


Product Name EzyChart 
Version  5.01
Category Charting and Technical Analysis 
Retail Price A$429.50 
Publisher Ezy Company 
Minimum Requirements Windows 95, 98, 2000, ME, NT & XP
Pentium 350Mhz or better processor
Minimum 64MB RAM; Recommends 126MB
500MB harddisk space for typical installation
At least 1GB for historical data
CD-ROM drive
SVGA 800x600 or higher resolution monitor
Other Related Products EzyAnalyser
EzyManager
EzyCast
EzyProfessional
EzyStation

 
Date of Review 14 March 2005
   
Editor's Overall Rating Editor's Rating:8 8.0 (out of 10)
Ease-of-Use Rating Ease of Use: 9 9.0 (out of 10)
Functionality Rating  Functionality: 7.5 7.5 (out of 10)
Technical Support Rating Technical Support: 7.5 7.5 (out of 10)
Value-For-Money Rating Value: 7.5 7.5 (out of 10)

 


Overall Conclusion:
A good charting and technical analysis software that is reasonably priced and easy to use.
 
EzyChart incorporates all the basic technical indicators (see list below) that are required by most investors and beginners. Its user-friendly interface and comprehensive electronic (PDF) manual help users spend less time learning how to use the software and more time analysing their investments.

The main drawback of EzyChart is its inability to add customised indicators.

Technical support includes website, email and phone. Typical of software providers, there were usually long waits to get through to telephone support. Customer support was very professional and helpful when we called. Many frequently asked questions are also answered in either the electronic manual or on its support website.

Likes:
  • Includes 1 month trial ASX data.
  • Select stocks according to their GICS sectors.
  • Automatic plotting of support and resistance lines.
  • Automatic plotting of breakout and stop loss lines using count back method.
  • Includes all commonly-used indicators (see list below).
  • Commonly-used functions, e.g. moving average, are just one click away on the menu bar.
  • Able to customise which indicators to add as button on the menu bar.
  • Includes some fundamental information on stocks, when using EzyCast data: Average Volume, Industry Group, Shares On Issue, EPS, PE, DPS, NAB, DE etc.
  • Able to store limited personal notes for specific stocks.
  • Able to plot all types of charts: bar, candlestick, point and figure, equivolume, gann swing.
  • Able to create your own Style Sheet to apply preferred indicators to all new charts.
  • Able to group a few charts together as a Template.
  • Some useful tools: Advance Decline Line Builder, Private Index Builder, Turnover Analysis, Magic Channels, Measured Move and Symmetrical Time/Price Analysis.

Dislikes:
  • Lacks the ability to add customised indicators.
  • Personal notes limited to 255 characters!
  • Limited to loading 750 records on a chart - approximately 3 years worth of data.
  • Long wait on the phone for technical support.

Other Comments:
  • EzyChart is only a charting software. It does not scan the database for buy/sell signals based on technical criteria. This is done using an add-on software called EzyAnalyser.
  • If contemplating buying EzyChart and EzyAnalyser, you will get more value-for-money by getting EzyProfessional (contains EzyChart, EzyAnalyser and EzyManager) as pricing is almost similar.

 
Screenshot:
Screenshot 1

In-built Indicators
Bollinger Bands
Coppock Oscillator
Coppock Histogram
Directional Indicators (DI+, DI-, DX, ADX, ADXR)
Diverging Momentum Oscillator
Ezy Divergence
Gann Swing (Swing Indicator, Swing System)
MACD
MACD Histogram
Money Flow Index
Momentum
Moving Average (15, 21, 25, 30, 50)
Moving Average on Volume
On Balance Volume
Parabolic SAR
Price% and Volume
Price Oscillator
Price Oscillator Histogram
Rate of Change
Relative Strength Index
Stochastic Oscillator (Fast, Slow)
Swing Index (Swing Index, Accumulation Swing Index)
Trading Bands
Volume
Williams %R


EzyChart

Normal Price : $429.50
Member's Price : $405.50

To receive TNO Member's discount,
enter your membership no. and the
discounted price quoted here into the comments box during checkout.



 

 

 


 


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