- AAII.com

Product summaries are based on the information furnished to Computerized Investing by the
producers of the software; they do not represent firsthand knowledge by Computerized Investing.
Realized
If you set up multiple portfolios for multiple brokerage
accounts, the site can display
your long- and short-term
gains across all portfolios. It
will also alert you if a transaction in one portfolio would
trigger the wash-sale rule
because of holdings in another
of your portfolios. The site can
generate a Schedule D at any
time.
You can import your trade
history from multiple brokerage
accounts or enter trades manually. Importing is done by saving your trade history as a .csv
(comma-separated values) file,
so no broker account numbers
are involved. The site has an
error-handling tool to address
any inconsistencies in imported data. If you made several
trades of a stock at one price, the system will combine the
trades if you like.
The site identifies your holdings with the largest unrealized losses. A tax lot harvesting tool helps you recognize
how you can sell losses to offset taxable gains elsewhere.
Support includes discussion forums for posting questions that are addressed by site administrators.
Realized is a new Web application for tracking cost basis
in stocks and managing transactions with tax consequences in mind. Similar to GainsKeeper, this stock portfolio
management tool is in a preview phase where it is free for
anyone with an Internet connection and Web browser.
To set up a portfolio, you first set up the name of the
owner, then create a portfolio by entering an identifier
name, choosing your broker (optional), and specifying
whether the portfolio is a taxable account and whether
you want to use specific lot identification or the default
first-in, first-out (FIFO) method.
Realized creates tax lots for each stock and mutual fund
you add to a portfolio. It also matches each sale with a
tax lot if you are using the FIFO method. In the event of a
stock split or corporate reorganization, the site automatically adjusts your affected lots.
New Forge Technologies
www.realized-app.com
Quicktakes
Eurex Launches Forum for Derivatives
New Online Magazine for Futures Traders
www.managedfuturestodaymag.com
Managed Futures Today is a new digital magazine devoted to professional and individual investors interested
in investing in managed futures as part of a diversified
long-term investment portfolio. Published quarterly, each
issue covers trading strategies, risk management, performance, market and industry news, and commentary. The
magazine is free and can be read online, downloaded, or
printed out.
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System Requirements: Internet connection and Web
browser
Price: free for limited preview period (unspecified)
innovate.eurexchange.com
The international derivatives exchange Eurex has opened
a forum for the exchange of ideas on financial markets and
derivatives. The site, called Eurex Innovate, has two sections: one for submitting suggestions, which are analyzed
by other contributors and Eurex specialists; and the other
for sharing information about products, trading strategies
and trends in the financial markets. Use of the site is free
with registration.
Computerized Investing
StockCharts.com
StockCharts.com was named an Editor’s Choice in CI’s
last comparison of technical analysis and charting websites (March/April 2009 Comparison; available at www.
computerizedinvesting.com) for its robust charting and
scanning capabilities and its rich collection of educational
content. It offers multiple levels of service at subscriptions
ranging from free to $34.90 per month.
Chart types offered include line, bar, equivolume,
candlestick, and point & figure charting. Over 40 technical indicators and line studies are available; parameters
and timeframe can be modified by users at any level of
service. However, only subscribers can save charts. Data
is displayed on an end-of-day or weekly basis for users of
free charts; subscribers can chart intraday data.
The stock scans feature of the site allows users to see a
list of stocks meeting specific technical formulas.
The universe includes stocks traded on the NASDAQ, NYSE, Amex and Canadian exchanges, as
well as mutual funds. Predefined scans are offered
to non-paying users, while subscribers have varying
levels of ability to create and save scans.
The site’s educational content covers the basics of
charting and technical analysis, plus commentary
from technician John Murphy. New content recently
added includes articles on the Parabolic SAR, Ichimoku Clouds, and the High-Low index, along with
an update to the McClellan oscillator explanation.
New tools have also recently been added to StockCharts.com. One is technician Alexander Elder’s impulse system, which is a method of coloring open/
high/low/close bars to provide possible trading
signals. An explanation of the system is included. A
new Inspector tool on charts lets you hover over any
data point with your mouse to see the details on the
underlying data. Sector and industry classifications
are now shown on scan results. Auto-refresh has
been added to charts using the Basic service. And
the new Share feature provides a one-click method
to tweet charts or post charts to Facebook.
System Requirements: Internet connection and Web
browser
Price: free (end-of-day charting and predefined scans);
$14.95, Basic (intraday charting plus chart storage);
$24.95, Extra! (custom scans); $34.90 for ExtraRT! (realtime data).
StockCharts.com, Inc.
11241 Willows Road, Suite 140
Redmond, WA 98052
(425) 881-2606
[email protected]
www.stockcharts.com
Topographer Shows Stock Value in All Markets
New Tools Added to Bollinger Bands Website
www.markettopographer.com
OCE Interactive is now offering Market Topographer, an
online platform for valuation of U.S. stocks. The proprietary earnings-based model developed over several years
through collaboration between an investment banker and
statistics professor attempts to explain valuation differences across stocks. The site shows how the market is
rewarding and penalizing company valuations at any point
in time and can help investors judge whether a stock is
fairly priced. Users can also perform valuation simulations
on a stock by substituting market conditions from the
past. Currently, the site is free for registered users.
www.bollingeronbollingerbands.com
Owned by Bollinger Capital Management, the Bollinger
on Bollinger Bands website is built on John Bollinger’s
technical investment tools and analytical techniques.
The site was recently upgraded to reflect the well-known
technician’s most current work. Three new Bollinger Band
tools have been introduced and three new technical indicators from Jim Alphier. New chart overlays are also now
available, including Bollinger Envelopes, a variation on
Bollinger Bands. Free areas of the site include basic charts
and daily group and sector data. Subscribers pay $25/
month for full access; free 30-day trial.
Fourth Quarter 2010
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ValueCruncher
ValueCruncher is an interactive website for stock valuation. A discounted cash flow model is used as the basis of
the valuations, and consensus estimates and other data are
factored in.
Users are given a base valuation by ValueCruncher, which
they can modify. Users can also access and modify valuations
that have been created by other users.
The home page shows the most popular stocks and the
percent undervalued or overvalued based on ValueCruncher’s
base valuation.
You can browse for stocks by index, market, and industry.
The indexes offered are the S&P 500, FTSE 350 (UK), S&P
ASX 200 (Australia), S&P TSX Composite (Canada)
and NZX 50 (New Zealand). Markets include the
New York Stock Exchange, NASDAQ, and five foreign exchanges. The industry list covers basic materials, consumer goods & services, energy, financials,
healthcare, industrials, technology, telecommunications
services, and utilities. Choosing one of these brings up
a list of the component stocks with their base valuations and percent overvalued or undervalued.
To bring up a stock’s valuation and associated statistics, you can type the company name in the search
box or choose a company name from the most popular list or from one of the browsing lists. The current
default screen when a company is chosen is a new
feature called comparison analysis, which shows you
the stock’s enterprise value to earnings compared to
four other similar companies. You can substitute these
comparison stocks for any company in their database,
which covers over 9,000 stocks.
From here, the comparison analysis can be changed
to the discounted cash flow analysis. This analysis
shows revenue, profitability, capital expenditure and
depreciation projections, along with the discounted
cash flow calculation. At the bottom of this page, you
can see a list of all past valuations calculated by ValueCruncher as well as by other users. The list gives the
time and date of the valuation, the valuation price, and
the margin undervalued or overvalued for each valuation.
Blog posts are only made once a month, but go into indepth analysis.
System Requirements: Internet connection and Web
browser
Price: $49 per year; $199 for lifetime access
ValueCruncher
[email protected]
www.valuecruncher.com
VantagePoint Forecasting Software Upgraded
NASDAQ OMX Offers Portfolio Manager App
vp.tradertech.com
Market Technologies has recently released version 8.2
of its VantagePoint software, a market forecasting tool
for traders that combines intermarket analysis with neural
network pattern recognition. New features include ProfitCalc, which takes user-defined market and timeframes for a
trade and calculates potential profit or loss, and an updated
scan tool. The site’s other enhancements were designed to
increase responsiveness of the program and improve overall
usability. The price of the software for stocks and ETF
analysis starts at $2,900.
www.apple.com/ipad/apps-for-ipad
The NASAQ OMX, a global exchange, announced availability of a new portfolio manager app for iPad, called
QFolio HD. Portfolios and watchlists can be set up that
show real-time stock price data for U.S., Nordic and Baltic
stocks. The app includes a flashing price screen to highlight
price movements and a chart overlay. Video and tweet posting capabilities are also available. The app is free and can
be downloaded at http://itunes.apple.com/us/app/qfoliohd-nasdaq-omx-portfolio/id364265462?mt=8.
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Computerized Investing
AmiBroker 5.30
AmiBroker is a technical analysis software program that
offers charting as well as system design, testing, and validation.
Line, bar, and candlestick charts can be drawn. The charting function includes object-oriented drawing tools, dragand-drop indicators, graphics overlays and user-defined
layers. Charts can be linked with colors and “floated” for a
multiple monitor effect.
AmiBroker is unique in its extensive formula creation language that gives you access to all features of the program
at a code level. However, a formula wizard is also offered
where you can use plain English to create formulas. To
help beginners, the user’s manual contains sample formulas
that can be copied, and the website offers an archive of
formulas developed over the last several years for Technical
Analysis of Stocks & Commodities magazine.
For building trading systems, the program
offers extensive screening and backtesting
capabilities. Portfolio optimization and system
validation functions are also offered.
AmiQuote is used for downloading and importing quotes ($65 if purchased separately).
Compatible data vendors and formats include: eSignal, myTrack, IQFeed, MarketCast,
QuoteTracker, Qcharts, Interactive Brokers,
Yahoo! Finance, MS Money, Google Finance,
Quotes Plus, TC2000, MetaStock, and FastTrack. Loaded symbols can be organized into
categories. Data can be exported as CSV text.
The Standard Edition of AmiBroker offers
end-of-day and intraday charting, backtesting and screening. The Professional Edition
of AmiBroker offers real-time backtesting and
screening, as well as unlimited symbols for
streaming real-time quote display.
Comprehensive support for the program
is provided by the user’s manual, formula
language library, website blogs that give tips
and explain changes, and video tutorials. Technical support
is also available through e-mail. Users are encouraged to
submit ideas and suggestions for new program features.
System Requirements: Windows 95, 98, NT, Me, 2000, XP,
Vista (32- & 64-bit Windows), Windows 7
Price: $199, Standard; $279, Professional; $409, Ultimate
Pack Pro (one year of software updates, data, & formula
language wizard); 30-day free trial
AmiBroker
[email protected]
www.amibroker.com
Upgrade to Fund Manager Software
FreeStockCharts.com Expands Securities
www.fundmanagersoftware.com
Beiley Software has released version 10.7 of its Fund
Manager software. In addition to bug fixes, the upgrade
includes new import/export commands for security properties, an improved import function, and an option to exclude
account fees in yield calculations. The Personal version of
the software, offering basic portfolio management tools and
performance reports for individual investors, costs $69; for
current users the cost is $29 to upgrade to version 10.7.
www.freestockcharts.com
FreeStockCharts.com, offered by Worden Brothers, now
covers pink sheet stocks, bulletin board stocks, and mutual funds, in addition to stocks, exchange-traded funds
(ETFs), indexes, and forex (foreign exchange). The site
offers charting, scanning, and portfolio tracking on a free,
streaming “real-time” basis without exchange fees. Line,
bar, and candlestick charts can be plotted and over 60
customizable indicators are available. Registered users can
save chart layouts for future use, follow built-in watchlists,
and create scans using over 80 technical and fundamental
factors without charge. For $30 a month, the Gold Service
provides expanded scanning capabilities.
Fourth Quarter 2010
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