44 reasons why AmiBroker is better than the competition
Please go through the content below. By the end of this page, if you are not convinced about why AmiBroker is a necessary tool for a serious trader like you, you may leave this site without having to read pages any further.

1. Powerful  charting

• Instant viewing of daily/weekly/monthly and even intraday charts (tick, 1 min, 5 min, 15 min, 30 min, hourly charts) in line, line+point, bar or candlestick styles overlaid with configurable moving averages, Bollinger bands, Volume chart, SAR, etc.. 
• tens of most popular indicators built-in including ROC, RSI, MACD, OBV, CCI, MFI, NVI, Stochastic, Ultimate oscillator, DMI, ADX, Parabolic SAR, TRIN, Advance/Decline line, Accumulation/Distribution, TRIX, Chaikin oscillator, unique risk-to-yield map and more. 
• study drawing tools including trend lines, horizontal/vertical lines, Fibonacci retracements and timezones, text boxes   and more.
• multiple chart panes, windows, different views and time scales are possible all at the same time. 
• extremely fast zooming and live scrolling. 

To see video tutorials on charting, click here.
To see video tutorials on user interface, click here.

2. Multiple data feeds

AmiBroker is capable of handling virtually ANY exchange in the world.

• User-configurable ASCII import wizard - allows you to read quotes in the format you can define.
• Built-in Metastock(R) database importer - reads directly all stocks from your Metastock(R)database in a matter of seconds.
• AmiQuote downloader program provides quick way of obtaining free end-of-day quotes from major world exchanges (all US markets, LSE, ASX, Paris, Milan, Frankfurt). 
• Script-driven, one-click automatic downloaders available for NYSE, Amex, Nasdaq, Australian Stock Exchange, Johannesburg Stock Exchange, Warsaw Stock Exchange. 

AmiBroker is successfully used in USA, Canada, United Kingdom, Australia, Germany, Italy, South Africa, Poland, Holland, Norway, France, India and many more countries.

To see video tutorials on how to set different data sources in AmiBroker, click here.
For more information on data sources for AmiBroker click here.
For more information on real-time & EOD data sources (free and chargeable) for Indian Exchanges (BSE, NSE, MCX, NCDEX), Click Here.

3. Stock & quotes database

AmiBroker features advanced database system that offers the following:

• unlimited number of stocks and unlimited number of quotes 
• multiple database support 
• stores quotes, company information, financial results, categories, industry/sector information 
• powerful filtering by sector, industry, group and market 
• innovative stock tree browser showing stocks grouped by sectors, industries, indexes 
• automatic handling for composites (number and volumes of advancing, declining and unchanged stocks) 
• automation support allowing you to control your database from external programs written in any language including Java Script, VBScript. 

4. AFL - AmiBroker Formula Language

The AFL is acronym for advanced formula language that allows you to create your own indicators, trading systems and commentaries. It is specially designed for traders so writing analysis formulae is easier and quicker than in general-purpose languages.

AFL features more than 100 built-in AFL functions to use as a building blocks for your formulae. AFL includes trigonometric, averaging, statistical, data manipulation, conditional, pattern-detection and predefined indicator functions.

AFL supports unlimited variables, unlimited parentheses nesting, unlimited nested function calls and multiple logical operators.

5. Indicator builder

Indicator builder allows you to quickly re-create any indicator/study found in the literature. Its main features include:

• any number of graphs that can be overlaid in the same chart pane 
• custom or automatic scaling 
• flexible grids 
• access to composite data (number/volume of advancing, declining, unchanged issues) 

6. System back-testing and Scanning

Scanning : Automatic analysis window enables you to scan your database for stocks matching your defined buy/sell rules. AmiBroker automatically produces the report telling you if buy/sell signals occurred on given stock in the specified period of time.

Back-testing: AmiBroker can also perform full-featured back-testing of your trading strategy, giving you an idea about performance of your system.

The back-testing engine highlights:

• Back testing whole exchange or only limited, user-definable set matching your market, group, industry, sector selection 
• Test long, short or both long and short trades 
• Stop-loss orders 
• Realistic back-testing including brokerage 
• Detailed reporting giving you important statistics of your system. Click here for sample report. 

To see video tutorials on Back-testing, Explorations and Scanning, click here.

7. Automatic Chart Commentaries

• Full, textual descriptions of actual situation on the market 
• automatic buy-sell arrows visible on the charts 

8.  Portfolio manager

Built-in portfolio manager helps you track your investments. It allows you to register buy/sell transactions, calculates brokerage commissions, dividends (with definable dividend tax), and cash deposits/withdrawals. You get instant calculation of your equity value, percentage and point yield.

9. Scripting support

AmiBroker features OLE automation interface that exposes objects and methods that can be accessed from any programming language including scripting dialects such as JScript (JavaScript) and VBScript. The scripting capabilities of AmiBroker allow you to automate time consuming database management tasks. Using scripting you will be able to create automatic downloaders, maintenance tools, and exporters customized to your specific needs.

To see a video on how to automate recurring tasks with scripting, click here.

10. Internet integration

AmiBroker features a built-in web browser that allows you to quickly view company profiles. The profile viewer is completely configurable so you can set it up for your particular exchange. The settings are market based so you can access different web sites for each market automatically. No longer will you be forced to waste your time browsing manually to get the latest news and stock related information.

11. Configurability

AmiBroker is designed to be configurable and customizable in almost every area. It is not tied to particular exchange or data provider. Thanks to flexible import methods and scripting, you will be able to adapt it easily to your favorite market(s). Also, technical analysis tools built into AmiBroker allow you to change every parameter with ease, and if you want even more, you can create your own indicators using AmiBroker's flexible formula language.

12. Built-in charts

• price line or candlestick chart (for open/close/high/low display) 
• volume/turnover with moving average 
• short-, mid- and long-time moving averages 
• Bollinger bands 
• Rate Of Change indicator (ROC) 
• Wilder's Relative Strength indicator (RSI) 
• Moving Average Convergence-Divergence oscillator (MACD) 
• On Balance Volume oscillator (OBV) 
• Stochastic Slow oscillator 
• Ultimate oscillator 
• Relative Strength (RS) 
• Triple exponential indicator (TRIX) 
• Money Flow Index (MFI) 
• Commodity Channel Index (CCI) 
• Accumulation/Distribution 
• Chaikin Oscillator 
• Negative Volume Index 
• Arms Index (TRIN) 
• Advance/Decline line 
• Risk - Yield map 

Drawing tool for trend lines. Trend lines are saved along with quotation data. Zoom feature. Automatic chart arrangement. All charts freely scalable.

To see a screenshot of AmiBroker main window, click here.
To see screenshots of different functions / utilities in AmiBroker, click here.

13. Custom Indicator Builder

• Any number of graphs can be overlaid in the same chart pane 
• Custom or automatic scaling 
• Flexible grids 
• Access to composite data (number/volume of advancing, declining, unchanged issues) 
• More than 70 built-in functions to use as a building blocks of your custom indicators 
• Flexible formula language (AFL - AmiBroker Formula Language) supporting variables, unlimited parentheses nesting, nested function calls and multiple logical operators 

14. Automatic Analysis and System Tests based on freely definable formulae

• Back testing whole exchange or only limited, user-definable set matching your market, group, industry, sector selection 
• Test long, short or both long and short trades 
• Stop-loss orders 
• Realistic back-testing including brokerage commission 
• More than 70 built-in AFL functions to use as a building blocks of your trading rules 
• Flexible formula language (AFL - AmiBroker Formula Language) supporting variables, unlimited parentheses nesting, nested function calls and multiple logical operators 

15. Guru Advisor Commentary

• Full, textual descriptions of actual situation on the market 
• automatic buy-sell arrows visible on the charts 
• uses AFL engine (one code base for all your indicators, trading systems and commentaries) 

16. Stock information handling

• adding new & removing old stock issues 
• split handling with automated date/ratio detection 
• corporation finances database 
• profile view - access to both on-line and off-line profile and news using built-in web browser 
• fundamental indicators such as price-to-earnings ratio (P/E) 
• support for composite data such as number and volume of advancing, declining and unchanged issues 
• automatic recalculation of composites 

17. Convenient quotation data feed methods

• integrated Metastock(R) importer 
• flexible and configurable ASCII import feature 
• Automation interface allowing script-based data feed 
• ARexx commands for adding new quotation data 
• import from teletext ( Warsaw Stock Exchange specific ) 
• manual quotation editor 
• removing selected quotation/session 

18. Preferences editor

• fully customizable parameters of indicators 
• palette preferences 

19. Portfolio management

• buy/sell transactions handling 
• dividend (with customizable dividend tax) 
• pay-in/pay-out evidence 
• brokerage commission editor 
• stock adding/removing 
• portfolio contents printing & export 

20. Leading performance

• chart drawing is extremely fast 
• system tests, automatic analysis and commentaries run several times faster than in any other available T/A program 

21. Ergonomics

• all or any selected number of charts can be viewed at the same time 
• instant access to any quotation data be selecting interesting point on the chart 
• window auto-arrangement function 
• asynchronous design, all main windows are independent and can be opened at the same time 

22. Facility to import Metastock data

Now you can import Metastock data into AmiBroker with the click of a button. Not only that, you can make this task automatic. To see a video on how to automate recurring tasks with scripting, click here.

23. Programmable integration of email client

This is useful in the case you want to be informed when a certain condition is reached. For example, you want to buy or sell a particular stock when it reaches a particular price. You can then include simple commands in the program so that it sends an email to you whenever the condition set by you is met.

24. Facilities unlimited

Unlimited Categories, Markets, Sectors, Indexes, Watchlists can be inserted in appropriate folders.

25. Unique Composite calculation Tool

This is useful while plotting advance / decline ratio, volume of Indexes and other similar properties of an Index which are generally made of performance of more than 1 stocks..

26. AFL Code Wizard

Brand new automatic formula creation program for people without any programming experience. For more information about AFL Code wizard see this introductory video, click here.

27. Low level graphic Interface

Completely new low-level graphic AFL interface allows complete flexibility in creating any kind of user-defined display.
For more information, click here.

28. 3D Optimization Chart

Full screen Anti-Aliasing in 3D optimization chart viewer (beautifully smooth 3D charts and improved readability).

29. Free Fundamental Data

For screenshot of fundamental data and other related information, click here.

30. Web Integration

31. Account Manager

32. Bar Replay Tool

This is a great learning tool, with features like :

• re-playing all symbols' data at once
• fast scrolling
• user-definable playback speed and interval

For more information and screenshots, click here.

33. Text-to-speech Capability

Now you can add Text-To-Speech capability via Say() AFL function. Now AmiBroker can speak out loud any text, for example it can say "Buy 100 shares of RELIANCE at 2000". This is controllable from formula level so you can make it to speak depending on market conditions, signals generated from your formula, etc.

34. Every-Tick-Chart-Refresh Capability

Every-tick-chart-refresh capability (Professional Edition only). For screenshot on how to set the same, click here.

35. AmiBroker is MDI Application

AmiBroker is multiple document interface (MDI) application. In short it means that it allows you to open and work with multiple windows at the same time. For more information on what it means, click here.

36. AmiBroker is OLE Application

For more information on AmiBroker's OLE Automation Object Model, click here.

...and here is the final punch (if you ever need it)

37. AmiBroker is Feature Rich

The most complete set of features available plus new features are added from time to time, based on suggestions / feedback submitted by users in Feedback Center.

38. Speed of execution is very high

Highest quality technical analysis software running 10 times faster than other competing products.

39. AmiBroker is reliable and accurate

Thoroughly tested and used every day by community of thousands of traders, fund managers, etc. since years, AmiBroker is highly reliable, stable and accurate Technical Analysis and Charting Software.Our backtester can reproduce virtually any trading strategy with real-life accuracy.

40. AmiBroker is Flexible

You won't be limited by the software anymore. With AmiBroker, the limit is just your imagination. AmiBroker is incredibly tweakable and can be adjusted to fit your personal trading needs.

41. AmiBroker has Open Architecture

AmiBroker provides a FREE API (application programming interface)  that enables to link to any data vendor. The API comes with source code of actual indicator and data plugins.There is also extensive  OLE/ActiveX  automation interface available. For more information, click here.

42. AmiBroker is Modern & Compatible

AmiBroker software is compatible and well tested with all modern Windows versions including Windows Vista (both 32 and 64 bit editions), Windows XP (all 32 and 64 bit editions), Windows 2000, as well as with Windows 95, 98, Millennium, NT 4. No matter which Windows version you use, you can run AmiBroker on it.

43. Unparallel Support

Prompt free support is available over email. Additionally, several resources are available if you get stuck somewhere including but not limited to :

• video tutorials,
• User's Guide (pdf format)
• Online User's Guide (for quick online reading and reference)
• Starter's Guide 
• AmiBroker Users' mailing list 
• AmiBroker Forum 
• AmiBroker Tips Newsletter 
• Frequently Asked Questions 
• AmiBroker Trading Systems mailing list 
• AmiBroker Knowledge Base (tips & usage hints from amibroker.com) 
• DevLog (news and announcements from amibroker.com) 
• User's Knowledge Base (Community-driven knowledge base) 
• AFL On-Line Library - an interactive forum for sharing AFL formulas written by users 
• AFL tips and tricks section 
• Several free public forums with quality content. Visit www.traderji.com, www.traderslaboratory.com (just google for more).

 

and... last but not the least....


44. AmiBroker is cost effective

Not only license fee is low but it is also a one-time  payment  you make to have lifetime  ownership  of AmiBroker. To top it all, you also get four consecutive free upgrades, free prompt support, free plug-ins & add-ons. you can also use FREE DATA from a number of data sources for International as well as Indian Stock Market (BSE and NSE).

AmiBroker is one of the best investments you can make to improve your trading.

You may be asking yourself how we are able to sell the software for such low price. People tell you that they have to spend hundreds or thousands of Rupees / Dollars on powerful analysis software.

Now you don't. AmiBroker makes sophisticated tools available for everyone. For one-time fee, you can own the tool you have been dreaming of.

how it is possible ???

That's simple !! we don't spend fortunes on advertising.

We at AmiBroker rely solely on word of mouth. We are experiencing huge growth because people simply like our software and tell friends and colleagues about it. That's why we can offer so powerful software at incredibly low price.

And because we are confident that we have the best product out there, you can try it all for FREE for 30 days . You have nothing to risk and everything to gain with AmiBroker.

Happy Trading and Investing !!!

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