Ease of Use
StockFetcher is a screening and charting software program platform with many fascinating instruments and options. StockFetcher makes creating inventory scans easy. Learn our in-depth evaluation to search out out if this platform suits your buying and selling model.
StockFetcher.com is a extremely versatile inventory screening and charting software program platform that permits the straightforward free-text filter (English text-based instructions) to create concise and highly effective inventory scans. Customers can incorporate each technical and basic indicators, metrics, and ratios into the screens. Simplicity is purity.
The unassuming, low-key web site may be very easy and missing animation or something flashy. Actually, it’s had the identical homepage for properly over a decade. The location is much like FinViz in that sense. There are indicators courting again to 2002 on the positioning. Nonetheless, the outdated (dusty) homepage is not any reflection on the huge depth of the instruments that make this service a cut price by any requirements. Fortuitously, the pricing charges are additionally caught in time (to the advantage of the customers).
StockFetcher Pricing Choices
StockFetcher instruments can be utilized proper off the homepage for restricted scans with one-day delayed outcomes. To really make the most of the depth of the service, you need to join a subscription plan. There are two subscription plans:
The StockFetcher Customary Plan prices $8.95-per month or $24.95-per quarter.
This permits 100 saved filters, each day e-mails with scan outcomes, 100 watch lists with as much as 200 symbols per-watch record, and as much as 200 symbols will be exported (.csv). All filter matches are offered from the present date too.
The StockFetcher Superior Plan prices $16.95-per month or $44.95-per quarter. It is a beefed-up model of the Customary Plan, permitting 250 saved filters, 250 watchlists with up 1,000 symbols every. As much as 1,000 symbols will be exported (.csv). Superior filter assist is added. Market information is delayed 15-to-20 minutes throughout market hours for each plans.
The pricing is unquestionably honest when in comparison with different comparable scanning instruments.
StockFetcher Options Breakdown
Listed here are a number of the notable options and indicators on the platform.
Going with the simplicity theme, StockFetcher charts are easy however efficient. Customers can select between candlesticks, OLHC (bar chart), dots, line, and or space (histogram) charts. Time frames vary from intra-day to month-to-month. Customers can add pattern traces, bins, and circles with notes. The simplicity is interesting as to not litter up the charts with too many indicators. The charts are literally good and straightforward to learn. Should you’re on the lookout for a charting platform with extra superior options, it’s possible you’ll favor TradingView, however StockFetcher delivers an incredible charting expertise.
Screening Filters (Inventory Scanners)
The screening filters are the star of the StockFetcher platform. Whereas there are numerous nice options, the screeners are what make this platform worthwhile.
StockFetcher options each pre-built screening filters and customizable screeners.
The screening filters are the important thing to efficient screens/scans. There are pre-built scans and filters that customers can begin off with. Ultimately, it would be best to mix filters to create custom-made scans that apply to your strategies. This could prevent hours of analysis time sifting by means of charts manually to search out that needle-in-the-haystack candidate to commerce. Filter efficiency permits customers to measure the effectiveness of their filters.
StockFetcher scans are extremely customizable. That mentioned, there’s positively a studying curve related to this screener. Screens are created utilizing textual content instructions, just like the one under:
This could enhance effectivity for merchants who “study the language” of those scans, however it takes time to familiarize your self with this method to scanning. That mentioned, the device incorporates a “Filter Builder” that may make it simpler to create your scans. The “Filter Builder” is much like the scan builders you can find in instruments like FinViz and Yahoo Finance.
StockFetcher has over 125 indicators that can be utilized to create, improve or refine your screening filters. Along with the built-in indicators, there are quite a few user-created indicators on the positioning. Compounding your filters simply requires cut-n-pasting indicators into your screens/scans. One factor to notice, watch out to not go overboard with too many indicators to overload your screens.
This characteristic will display screen the markets to search out shares with comparable worth patterns. The advantages of this are apparent. After I discover a inventory with a really compelling high-probability sample set-up, I can unfold out the chance with a number of shares or discover a cheaper inventory to commerce. Usually, it’ll discover sector/trade friends to commerce. Nonetheless, I get pleasantly shocked with cross-sector shares transferring collectively which have fully completely different fundamentals however share the identical technicals.
The watch lists will be created with shares to watch or complete portfolios. They are often duplicated and exported as properly. Watch lists will be considered in desk format or by charts. I like the flexibility to run my watch lists by means of display screen filters to see if any of them triggers. The variety of watch lists and complete symbols will depend on the kind of subscription plan. The Customary Plan permits as much as 100 watch lists and 200 symbols, and the Superior Plan as much as 1,000 symbols and 250 watch lists.
The StockFetcher Boards have varied message boards starting from Basic Discussions to Indicators and Measures and even Inventory Picks and Buying and selling. I discovered some significantly gifted programmers that don’t hesitate to reply inquiries and supply options for setting up filters. The StockFetcher group is exceptionally beneficiant, with custom-made scans being provided at no cost utilization and collaboration. I’ve been capable of copy some very spectacular screener filters off the Filter Trade board. That is the power of the positioning.
Nightly Screener Outcomes E-mail
StockFetcher permits you to schedule nightly scans that can e-mail you the outcomes with inventory candidates each night. That is tremendous handy and takes numerous legwork out of researching shares to contemplate enjoying the following day. This characteristic alone is definitely worth the month-to-month subscription charge and saves hours of handbook scanning.
StockFetcher Platform Differentiators
The convenience of making your personal customized filters with the free-text filter language makes StockFetcher distinctive. I’m not a programmer by any stretch of the creativeness, however even I used to be capable of study the language comparatively rapidly simply from observing the built-in filters after which plugging in my very own values. From there, I progressed to writing code. The leap from cut-n-pasting to writing your personal code will not be that massive. I’d say it’s a stable gateway into coding your personal algorithmic scans.
Is StockFetcher a Good Worth?
It is a resounding YES. At $8.95-per month, it’s tremendous low-cost and pays for itself with only one good buying and selling concept. Personally, I can’t see want 250 watch lists and am completely tremendous with the usual service.
What Sort of Dealer StockFetcher is Greatest For
So simple as Stockfetcher.com seems, it takes some expertise with the underlying indicators and patterns to take full benefit of the features. Subsequently, this service is finest suited to skilled merchants which have excessive fluency with candlestick charts and patterns. Newbies can study the elements and indicators after which apply them on the scans if dedicated.
What this platform lacks in trendy design, it makes up for in energy. Technical merchants who make the most of a broad vary of indicators and scans will get numerous worth out of this platform.
Whereas all quote information is 15-to-20 minutes delayed, intra-day merchants can nonetheless totally make the most of the scans to search out uncommon sample formations for buying and selling alternatives all through the day. The pure match is for swing merchants and energetic traders with a stable data base of technical patterns and a technique to handle triggers.
- Giant library of indicators and pre-built filters
- Glorious scanning device with simplicity as a core theme
- Nightly scan outcomes e-mail is price its weight in gold
- Filters will be custom-made with each technical and basic indicators
- Straightforward flexible-text language permits customers to program their very own filters and indicators
- Responsive group discussion board gives a great deal of user-created filters to trade, use or collaborate on creating and testing
- Tremendous low-cost subscription costs
- Lack of real-time quotes will be annoying for intra-day merchants
- Antiquated web site caught within the ’90s makes builders appear apathetic