Sierra Chart is a technical analysis application that is used for trading systems. With this program, users can see market trends and practice trading using simulated and automated trading features. The application consists of several tools and features that can be used by both beginners and professionals. The main features of the program are the following:
• Trading – The program has advanced functionality in trading, which allows users to study the market and simulate trading for practice. Users can utilize different trading strategies to see which is the most effective.
• Charting – The charting feature of the application supports creation of charts for commodities, stocks, mutual funds, and currencies. These charts can be used for in-depth analysis of market trends.
• Drawing Tools – Sierra Chart also consists of several drawing tools for creating customized charts and reports. Some of these drawing tools include text, time zones, lines, horizontal and vertical lines, and even a chart calculator.
Sierra Chart also comes with spreadsheets in the custom study interface that are compatible with Microsoft Excel. This allows users to export their analysis projects to Excel for sending to other users. The program has a simple user interface, which makes it easy to use for just about anyone.