Here's what I want a stock trading software package to do, and am wondering if any of you know of any presently on the market that do all of this (from what I can tell, many do parts of it, but none that I've discovered do all of it):
Scan end-of-day charts for support and resistance, based on pivots, trendlines, channels, and moving averages.
Display those support and resistance levels not just on end-of-day charts but also on real-time charts of whatever configuration (e.g., tick, 1 min, 5 min, etc.). Here, I would want to see not just the support and resistance levels, but also the associated points and/or lines from which they were derived (e.g., the pivots, trendlines, moving averages, etc.). To avoid any confusion on this, I would want to see on intraday charts extensions of trendlines and channels drawn on daily charts, x period moving averages calculated using the prices of x-1 prior days + the last trade intraday, and some indication of pivot levels if not directly associated with trendlines, channels, or moving averages.
Continuously scan real-time data and alert me when support and resistance levels derived from the end-of-day data are being approached.
If anyone knows of any software that does all this, I'd appreciate your letting me know. If there is no such software, does anyone have any thoughts on why not and/or how one would go about getting someone to create it?
Many thanks in advance for any assistance you can provide.
Scan end-of-day charts for support and resistance, based on pivots, trendlines, channels, and moving averages.
Display those support and resistance levels not just on end-of-day charts but also on real-time charts of whatever configuration (e.g., tick, 1 min, 5 min, etc.). Here, I would want to see not just the support and resistance levels, but also the associated points and/or lines from which they were derived (e.g., the pivots, trendlines, moving averages, etc.). To avoid any confusion on this, I would want to see on intraday charts extensions of trendlines and channels drawn on daily charts, x period moving averages calculated using the prices of x-1 prior days + the last trade intraday, and some indication of pivot levels if not directly associated with trendlines, channels, or moving averages.
Continuously scan real-time data and alert me when support and resistance levels derived from the end-of-day data are being approached.
If anyone knows of any software that does all this, I'd appreciate your letting me know. If there is no such software, does anyone have any thoughts on why not and/or how one would go about getting someone to create it?
Many thanks in advance for any assistance you can provide.