TraderCode Technical Indicators

This software has a library of technical indicators and technical analysis functions for use in Excel environment. It even has tools to create many of these technical indicators and analysis functions.

TraderCode is a library of technical indicators and technical analysis functions for use with Microsoft Excel. The package has the tools to create many of these indicators too. These indicator and the functions are useful in stock trading. Indicators and functions such as moving average, Bollinger bands, average directional movement index, oscillators, true range, standard deviation, Donchian channels and so on can be created. These help in performing end of day analyses or for back testing of data collected historically for a stock. A user interface wizard helps you get started even if you are not very experienced. You are able to create these and even validate them before you start to use them in actual trading.

The expert part of the spreadsheet model helps create a trading model completely your own that is based on the technical indicators. Trading data downloaded can be used to create multiple technical indicators from the spreadsheet environment itself. With a single click of a button, repeatable analysis can be carried out on different equity assets or stocks. The Backtesting Expert allows you to create trading strategies using the technical indicators and running the strategies through historical data. It is for you to measure the performance of the strategies and decide on one that you think could be effective. The software has some 40 odd indicators and analysis functions but making sense out of them is ultimately the responsibility of the user. The final effectiveness of the trading strategy also would be dependent on the strategies determined. So while it may be easy for a beginner to get started easily, you need experience to use the program effectively.

TraderCode is a comprehensive library of technical indicators and technical analysis functions for use with Microsoft Excel. It allows you to create many types of technical indicators used in trading systems like Moving Average, Bollinger Bands, Average Directional Movement Index, Oscillators, True Range, Standard Deviation, Donchian Channels and many more. With these indicators you can easily perform end-of-day analysis or back-testing of historical stock data. The software comes with several components to help you create the indicators.
Technical Analysis Add-In and Formulas
The Analysis Add-In and Formulas form the foundation of TraderCode since the first version of this popular software. The Add-In allows a user without any prior experience to quickly and easily create technical indicators from a user interface wizard. It also performs validation of the data, allows specification of where the output is to be located and guiding the user in creating the indicators accurately.
Technical Analysis Expert
The Analysis Expert is a spreadsheet model that allows you to create your own trading system based on the different technical indicators. It is able to help you download data, create multiple technical indicators, vary the parameters and repeat the tasks from within a spreadsheet environment quickly and easily. With a single click of a button, repeatable analysis can be carried out on different equity assets or stocks.
Backtesting Expert
The Backtesting Expert is a spreadsheet model that allows you to create trading strategies using the technical indicators and running the strategies through historical data. The performance of the strategies can then be measured and analyzed quickly and easily.