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User Manual

1. Downloading and Installation:
Please go to http://www.wstock.info/ to download Best-Charts software.
Locate where you downloaded the setup file to your computer.
Double-click on the setup program to start it.
Follow the on-screen instructions to complete the installation.

2. Run Best-Charts:
(1) Make sure you are connected to the Internet.
(2) Double-click on the Best-Charts icon to launch this software.

3. Stock symbols:
The symbols used by Best-Charts are as follows.
Description Symbol Description Symbol
US GOOG Australia SYD.AX
Canada RY.TO Singapore S63.SI
UK LLOY.L Hong Kong 0386.HK
Germany DBK.DE Taiwan 2449.TW
France AI.PA CURRENCY EURUSD=X
India ONGC.NS CURRENCY GBPUSD=X
Index ^IXIC    

Please search the stock symbols at  Yahoo finance and see world indices, Exchanges and Suffix and Currencies.

4. Analyzing a Stock:
(1) Enter a stock symbol, for example, MSFT (LLOY.L or ONGC.NS) in Symbol field on the Toolbar of this software.
(2) Click on the "W" ("Read quotes from website") button, the software gets last price and historical quotes of MSFT (LLOY.L or ONGC.NS) and calculates and displays charts and buy / sell signals, Trend and the results of Back-testing in a window.
(3) A green o on a chart indicates a buy signal.
(4) A red x on a chart indicates a sell signal.
(5) Click on the "more" button to view more charts (EquiVolume, Point and Figure and so on).
(6) Click on the "123" ("Switch between historical quotes and charts") button, to read historical quote data or charts. You should pay attention to date and live quotes.
(7) Choose menu item "Stocks->Display candlestick chart signal list" to read Candlestick Chart Signals.
(8) Click on the "BT"(Back-testing) button to test indicator performance.
(9) Click on the "AIO"(All Indicator Optimization) button to seek optimal parameters of all popular indicators. It takes a few seconds.

5. Setting up a portfolio of stocks to monitor:
(1) Choose menu item "Portfolios->Edit List" in the software.
(2) Click on a List number (for example, List 1) and "OK" in "Select List" dialog box.
(3) Enter List name (for example, "hi-tech") in field "List Name."
(4) Enter stock symbols, for example, MSFT AABA GOOG LLOY.L ONGC.NS. Two stock symbols are separated by a space.
(5) Click "OK" in "Edit List" Dialog.

6. Getting quotes for a Portfolio:
(1) Choose menu item "Portfolios->List 1: hi-tech". The software gets quotes and displays them in the portfolio list.
(2) Click on the "Pf" button to refresh the quotes.

7. Performing technical analysis for a stock in the Portfolio:
Select a stock symbol from the List. Then, click the "TA" button. The software gets last price and historical quotes, calculates and displays technical indicator charts , buy / sell signals, trend and the results of Back-testing in one window.

8. Click on the "TA" button to analyze next stock in the List.

9. Analyze up to 40 stocks listed in a List with one click:
(1) Display a List (for example, choose menu item "Portfolios->List 1").
(2) Choose menu item "Portfolios->Analyze 40 stocks (quotes from Web)". This software analyzes up to 40 stocks listed in the List continuously and then displays a "TAsummary" list. It takes about 1 minutes.

10. Alternate method for performing technical analysis (a file per stock):
(1) Please create the folder C:\M-C\Ydaily.
(2) Get historical quotes data of a stock (for example, MSFT) at https://finance.yahoo.com/quote/MSFT/history?p=MSFT .
(3) Right click on "Download Spreadsheet Format" under the data list and save quotes to "C:\M-C\Ydaily\MSFT.csv".
(4) Select the menu "Stocks->Option...", and then select M-C\Ydaily\ for Historical Quote File Path.
(5) Enter the file name MSFT in "Symbol" field in toolbar of this software.
(6) Click on the "Read historical quotes from ASCII file" (H) button. This software displays charts immediately.

11. Analyzing historical quotes from ASCII file:
(1) Please create the folder C:\M-C\daily.
(2) Download daily historical quotes and save the txt file in C:\M-C\daily.
(3) Choose menu item "Stocks->Options ... ". Select "M-C\daily\" for Historical Quotes File Path in Options dialog box.
(4) Enter the file name in "Symbol" field.
(5) Click on the "Read historical quotes from ASCII file" (H) button. This software displays charts immediately.
* The data format ought to be:
Date,Open,High,Low,Close,Volume,OpenInt
20150304,176.17,177.48,172.68,174.41,313003,0
20150305,175.73,179.21,174.41,176.6,151461,0
20150306,179.64,179.64,174.64,175.08,149655,0
20150309,175.29,175.29,172.68,172.68,201595,0
or
Date,Open,High,Low,Close,Volume
20150304,176.17,177.48,172.68,174.41,313003
20150305,175.73,179.21,174.41,176.6,151461
20150306,179.64,179.64,174.64,175.08,149655
20150309,175.29,175.29,172.68,172.68,201595
 
12. Intraday charts analysis:
(1) Please create the folder C:\M-C\intraday1, C:\M-C\intraday5, C:\M-C\intraday10, C:\M-C\intraday15, C:\M-C\intraday30 or  C:\M-C\intraday60.
(2) Download 1-min, 5-min, 10-min, 15-min, 30-min or 60-min historical quotes and save the txt file in  the appropriate  folder.
(3) Choose the menu "Stocks->Options ... ". Select the appropriate item for Historical Quotes File Path in Options dialog box.
(4) Enter the file name in "Symbol" field.
(5) Click on the "Read intraday quotes from ASCII file" (Int) button. This software displays charts immediately.
* The data format of 60-min historical quotes ought to be:
Date,Time,Open,High,Low,Close,Volume,OpenInt
2017-04-10,01:00:00,1.05832,1.05857,1.05785,1.05803,0,0
2017-04-10,02:00:00,1.05796,1.05828,1.05739,1.05807,0,0
2017-04-10,03:00:00,1.05807,1.05834,1.05764,1.05773,0,0
2017-04-10,04:00:00,1.05773,1.05857,1.05762,1.05786,0,0
2017-04-10,05:00:00,1.05785,1.05791,1.05705,1.05761,0,0
2017-04-10,06:00:00,1.05761,1.05834,1.05756,1.05816,0,0
or
Date,Time,Open,High,Low,Close,Volume
2017-04-10,01:00:00,1.05832,1.05857,1.05785,1.05803,0
2017-04-10,02:00:00,1.05796,1.05828,1.05739,1.05807,0
2017-04-10,03:00:00,1.05807,1.05834,1.05764,1.05773,0
2017-04-10,04:00:00,1.05773,1.05857,1.05762,1.05786,0
2017-04-10,05:00:00,1.05785,1.05791,1.05705,1.05761,0
2017-04-10,06:00:00,1.05761,1.05834,1.05756,1.05816,0

13. Analyzing currency
(1) Save 1-min, 5-min, ..., hourly, daily or weekly historical prices of a currency in the above-mentioned folder. See the ASCII files of forex at https://stooq.com/db/h/.
(2) The analysis method of a currency is the same as that of a stock.

14. Analyze up to 40 stocks (intraday quote file or historical quote file):
(1) Choose menu item "Stocks->Options ... ". Select "Offline" for Online or Offline. This software does not download live quotes from Internet.
(2) Display a List (for example, choose menu item "Portfolios->List 1").
(3) Choose menu item "Portfolios->Analyze 40 stocks (intraday quote file or historical quote file)". This software analyzes up to 40 stocks listed in the List continuously and then displays a "TAsummary" list.

15 Comparing Stock Charts:
(1) Select command "New" and "Tile" from the menu "Window" to compare charts of a stock.
(2) Select command "New" from the menu "File" and select command "Tile" from the menu "Window" to compare charts of several stocks.
(3) Enter a stock symbol in "Symbol" field and then press the Enter key. This software displays charts in two windows for comparison.

16. Change the parameters of the technical analysis algorithm.
(1) Choose menu item "Stocks->Change Parameters of Indicators->Change Parameters Set 1″.
(2) Enter new parameters.
(3) Click on the "OK" button. New parameters are saved.
(4) Choose menu item "Stocks->Change Parameters of Indicators->Change Parameters Set 5" to change parameters of EquiVolume, Point and Figure.

17. Optimal parameters:
(1) Save Optimal parameters:
(a) Analyze a stock.
(b) Click on the AIO button.
(c) Choose menu item "Stocks->All Indicator Optimization->Save Optimal parameters ... ".
(2) Use Optimal parameters: Choose menu item "Stocks->All Indicator Optimization->Use Optimal parameters in file ... " and then select a file. The software will find stock symbol in the file. If the symbol is found, the software use optimal parameters in the file for the stock. The default is opd.txt for daily historical prices.
(3) Delete Optimal parameters: Choose menu item "Stocks->All Indicator Optimization->Delete Optimal parameters ... ". Enter stock symbol and select a file. Optimal parameters for the stock in the file will be deleted.

18. Multi-AIO:
(1) Choose menu item "Stocks->Multi-AIO ... "
(2) Type Number of Quotes for Multi-AIO in the fields in Multi-AIO dialog and click OK. This software will optimize the parameters of all Indicators for these Number of Quotes.

19. Buy / Sell signal forecast and estimation: Choose menu item "Stocks->Signal forecast and estimation .. ", enter a change%, for example, 6 or -6 in Signal forecast dialog box, click OK and then this software will forecast charts and buy / sell signal change next trading day according to change% supposed by users.

20. BBI indicator is number of "Trend: Bullish" of other indicators. Choose menu item "Stocks->Weights for BBI" to change the weights of incicators.

21. If there is not C drive on your computer, this software will create a folder \...\M-C2. It has the same function as C:\M-C . You can find the folder M-C2 with Windows Explorer.

FAQs: If you have any questions regarding this software, please post your questions in our Stock Forums

Best-Charts team


 

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