Free Technical Analysis Software – Part 2 – ChartNexus

In our previous article we had covered – Gannalyst Professional 5.0 


Chart Nexus another interesting end of day data software which gives you a lot of exchanges for free. A quick and simple to use software which has all the basic technical tools.


Steps to install Chart Nexus


- > Download the software from this link Chart Nexus – Software Download Link


The basic settings on usage are well documented in a simple format in their Start Up Guide.



-> Once you have selected the exchanges ( Can select SGX and NSE from system settings ) it quickly downloads the data.


Important Features


More than 20 indicators to choose from and parameters are customizable.

Annotations and drawing tools to mark important points on the chart.

Single click to navigate the chart.

Portfolio manager to keep track of your trades

Spread calculator to easily calculate profits and losses

Save your chart as a picture or print it out from a printer




The software is very basic in terms of utilities and simple to use but lacks a lot of drawing tools and back testing functions which are needed for much more detailed technical analysis.

This is an excellent software to start with and also for a quick technical check.

The data availability in the free version is only 3 years which is the biggest drawback.

Saving as picture and templates are good features of the software.

Adding and removing indicators is a quick one step process.

Would recommend using the free version and not the paid one.


I believe many readers might be using the software and would like them to put their views in the comment box. Those who find any queries on the software and can post too.



December 21-22.

For more details mail to or call 09819225396 Nooresh ( after market hours )



Book Recommendation


Continuing with the book recommendations as in previous posts and to get some e vouchers as an affiliate below are a couple of books am looking forward to read. Already ordered the checklist manifesto by Atul Gawande and next in list is Thinking Fast and Slow by Daniel Kahnemann



Thanks and Regards,

Nooresh Merani

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  1. Balaji Pooruli
    December 17, 2013


    As this post suggests, Chartnexus is one of the great software for simple technical analysis. I use linux at home and work and I could not find much free tech analysis softwares for linux. Chartnexus supports both Windows and Linux and I used it for a while.

    From the previous post, I heard about the Ganalyst Professional for the first time and it looks like it works only on Windows.

    One other software that I suggest is Fibotrader. Setting up Fibotrader was a nightmare for me once and finally I figured out how to do that. The below link describes the steps that I used to setup Fibotrader with EOD data.


  2. Balaji Pooruli
    December 17, 2013

    Hi Nooresh,

    Can you please review Fibotrader? I would like to know where it stands from a professional’s view point.


    1. Nooresh
      December 17, 2013

      Will look into fibotrader in next article.

      Thanks for the suggestion.


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