This is a detailed review of  Worden’s Telecharts Stock Charting and Screening Package, a tool that I actually used for years. (using my own custom software these days) I was a member of the Telecharts community for over 10 years from a wet behind the ears beginner to an experienced Trader.  Through this maturing experience I have used Telecharts religiously to provide a view of the US Stock Markets that I do not believe is available anywhere else.

I have reviewed many Stock Charting (Technical Analysis) Packages over the years but in my opinion NONE offer what Telechart offers, a fantastic price with an excellent array of features, but Telechart offers you much much more.

• Easy updating of stock prices
• Powerful screening and sorting
• A huge user community
• Individual Stock Analysis by Don & Peter Worden
• The Daily Worden Report, by Don Worden
• Support for custom indicators
• Proprietary Indicators (TSV, Money Stream & Balance of Power)
• “The Knights of the Round Table”

Telecharts not only allows you to plot charts, but it allows you the limitless ability to create custom indicators and formulas.   Ever try apply Stochastics to volume?  You can do it with Telecharts.  It also enables you to learn from the best members and see how they analyze stocks and do what they do.  Even better they encourage you to “Think for yourself” and this is after all one of the goals of the liberated stock trader, “enabling you with the tools and the knowledge to make your own decisions, to impact your future”.  I hope this review of  Telecharts is useful to help you assess what charting package is right for you.

Click Here For a FREE 30 Day Trial Of Telecharts

This is by far my most favorite trading tool and I am pleased to share it with you.  It provides empirical proof that profitable trading is not solely dependent on a high winning percentage. This tool is one of the features included with the desktop software that comes with my swing trading course. Try it out, I am sure you will agree it is an eye opener.

How to use this tool.

1. Enter the values for Win/Loss ratio and Win Probability (3.0 would be a 3 to 1 win/loss ratio and .50 would be a 50% win probability)
2. Enter desired "Lines Qty" to draw multiple equity curves
3. Click the "Generate" button to generate simulated equity curves

These are the very same interactive stock charts I now use for my swing trading commentary and examples. There's lots of flexibility with indicators and multiple time frames. Enjoy!

This is a great tool for calculating financial goals for your trading business in increments of days, weeks, months or annually. Enjoy!

This is a nifty tool that tells you how likely you are to reach a defined equity growth or decline based on historical trade statistics.  Optimal F is defined as the “optimal” amount you should risk on any trade to maximize your profit potential.  The Probability of Ruin is defined as the probability of the account reaching a defined point of ruin before reaching a defined point of success.

Below is a screenshot of the output from this tool.  It shows that based on the historical trade win/loss data entered, the optimal amount to risk per trade is 39%.  The probability of ruin for the account  (in this case defined as a 50% loss of capital) is 24%.

Download Now for Free!

This is an exclusive tool from SwingTraderGuide.com that allows you to extract the stock symbols from Google Finance's stock screener when using the methods described in my swing trading course.

Directions: Simply browse to Google's stock screener and create a screen based on your preferred criteria. Next copy the entire URL (usually very long) from the browser window and paste into the input box below and click submit.  You will then be presented with a list of all of the symbols from Google's stock screener which can then be imported into a stock charting package of your choice.   Enjoy!

Below is a daily updated chart that tracks the new 52 week highs vs. new 52 week low prices for the stocks on the New York Stock Exchange.  If the ratio is rising that means there are more new highs than new lows. This is an excellent barometer of both market health and direction.  The indicator below it is an oscillator that measures oversold and overbought territory.

This is an overview of the Ultimate Trading Calculator.  Exclusively from SwingTraderguide.com.  This desktop tool is included for free when you purchase my swing trading course.

Below is an overview of my Trade Tracker Spreadsheet. You get this as a free tool when you purchase my swing trading course.