Horizon.my

I am pleased to advise that our Charting application is now ready. Charts are available for all Bursa Malaysia companies but excluding the indices for now.

Our share price data goes back around 1.5 years. You can plot share price and technical indicators such as Moving Averages, RSI, MACD, Stochastics and so on.

To get started, just click on Chart at the top of the page (duh):

Select the counter from the “Ticker Symbol” drop down at the top. In this case I’ve used AMMB as an example.

On the left you will see controls for Chart Type, Price Band and Moving Averages. This controls the top half of the chart. You can plot closing price and candlesticks. And use indicators such as Bollinger Bands and Moving Averages to compare against. If you use Moving Average, please set the number of days you wish to use for your calculation.

Below the top half, you can have up to 3 other technical indicators which are controlled by the bottom three drop downs. There is a wide range of indicators for you to choose from, in this example I’ve used Volume, RSI and MACD for illustration.

Just a disclaimer, I’m NOT a charting expert. Most of these techniques are a bit of an investment “hocus pocus” for me and I am often baffled by the results. Sometimes I would use Bollinger Bands, RSI and MACD to confirm entry points… but only after the fundamentals stack up in the first place. Anyway I will share some of my primitive knowledge in charting next week.

Of course, you are most welcome to share any strategy or just let me know if you spot any errors in the data. Happy charting :)