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Hello fellow listers,
have any of you looked at http://www.prophet.net/ lately? I just finished
their 7-day trial, and I must say I am very favorably impressed. In the
past, Prophet had not exactly been known for high quality, but how things
have changed! Now they have clean data (real time as well as delayed),
countless indicators (they add some new ones every month, like some of the
latest TASC studies), and a fascinating new pattern recognition engine. In
my own trading I use patterns a lot, and I find it very helpful to be able
to scan for them so easily.
As regards handling, I didn't think I would get to like any chart service as
much as QCharts, but Prophet's Java Charts are certainly comparable. If any
of you take the trial, do download the .pdf file "Using Java Charts", as
there are many differences to QCharts, some extremely ingenious, some not.
It took me a few days to get acquainted with the web site's countless
ramifications. One question I asked myself was why there were so many
different types of charts - Java charts, snap charts, ChartScope,
ChartStream, etc. I asked customer service, and they said that Java Charts
were the state of the art thing, and the other types were a holdover from
earlier versions that some customers had gotten used to, and so they were
kept on the service. Also, some of them do load a bit faster, as they are
simpler. So you often get "snap charts" as a result of a scan, and then have
the choice to switch from any of those chart types to the more powerful Java
Charts.
The service is browser-based, but you can get, for an additional $25 or
$35/mo, depending on your subscription, a PC-based desktop application
called Prophet Station. This might make the "feel" more similar to QCharts,
but I cannot comment on this as I have not tried it.
In all, I will certainly keep the Prophet.net subscription (along with
QCharts for now), mainly because of the pattern recognition engine which, to
me, is a great boon and big help in some of my trading. They charge less
than Quote.com for a comparable subscription. Of course, I have no
connections with Prophet except as a customer.
Best regards,
Michael Suesserott
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