CONFIDANT is a tool for putting your stock-trading ideas to the test, allowing you to see if those ideas can be profitable. With CONFIDANT, its all about "your" stock-trading ideas...not ours. Thats why we dont provide any pre-canned systems or suggestions for how to trade or which stocks to buy or sell.
Simply put, CONFIDANT allows you to test virtually endless combinations of conditions and condition settings (instruments) to model your ideas and trading patterns against real historical stock data, and reveal objective performance metrics for your ideas. Through your explorations, you can build confidence in your ideas and whatever choices you end up making.
HOW IT WORKS?
* You start with 100 tests (additional tests can be purchased in the app)
* Build an instrument
* Pick and set your conditions, triggers, and actions (from provided formulas)
* Select desired stocks to test
* Set settings for the test
* Test
* Evaluate results
* Tweak settings as desired and repeat test
* When results are favorable, create a system to follow in your portfolio
* Check portfolio daily to get Buy/Sell signals from your active systems
FEATURES:
* Test against up to 10 stocks at a time (from AMEX, NASDAQ, and NYSE)
* Test against up to 5 years of data (end-of-day)
* Take snapshots of your favorite instrument settings
* Instrument and snapshot management (with ability to print/email reports)
* Create "systems" to follow favorable instruments and stocks
* Track system performance and manage systems
* Systems are checked daily for next trade day Buy/Sell signals
* Great help documentation (with 2 tutorials to help you get started)