Even though, there are many stock charting and stock analysis software available in the market with hundreds of technical analysis, all of them use so called OHLC [opening, high, low and closing] prices which are prone to error and manipulation. Stock markets always move according to the psychological principal - the participants’
Its founder Mano Siluvairajah is a Software Engineer with many years of IT and financial industry experience. He explains the research and result in his own word;
“Our aim was to bring the stock markets’ psychological impact to the computer screen as the way of stock charts. Our dedicated and motivated research engineers made a breakthrough in 2009 to make the unthinkable possible that was the invention of ManoStick – the advanced chart type to populate the stock charts. Mano Stick brilliantly integrates the traded volume with the stock price so that you can see in action what price range most of the stocks changed hands during a market session.”
1st generation chart, Line chart uses only closing price to draw while 2nd generation charts, Bar & Candle Stick use opening, high, low and closing prices to draw. It’s true that 3rd generation chart, ManoStick uses high, low and traded volume to populate and a switch on and off functionality to those who wants to see the opening & closing price which make it perfect choice for the stock investors.
There is an eBook, “An Introduction to ManoStick”, currently available for free download at their website www.manostick.com, which explains how you can benefit from this latest invention in stock charting. Some stock charting software venders and stock brokers’ application has a functionality called Volume Weighted Average (VWA) which is the pure mathematical calculation of the average price, which should not be confused with Mano Stick which is the real reflection of the stock market participants’
Amazon sells a paperback “ManoStock:
Path2Profit, stock charting and analysis software, as you imagine implements ManoStick chart type. It’s simple and easy to install and use. Only comes with the well proven technical functionalities, There are many new interesting and smart functionalities to give you the clear view such as #Dynamic Orientation #Different Chart Views #Genius Lines #End Date #Start Date #Genius Grid #Trading on Chart #Surround View #Storable chart Controls such as Lines, Moving Averages, symbols, texts, news & messages.
You can download a trial version of Path2Profit at ManoStick.Com
Contact Mano Siluvairajah
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Mano Stick Ltd is an UK based research and development company established in 2002. The aim of the company was to develop a 3rd generation, reliable stock charting and analysis software for the retail market.
Learn Mano Stick - the advanced chart by downloading Free eBook, An Introduction to ManoStick. Try Path2Proftit - a 3rd generation stock analysis charting software. Read stock trading tips and secrets on our article section and improve your trading performance again and again. Have you already read ManoStick - An Ariel View of the Stock Market which could make a real head start if you are novice or an experienced investor to make profitable trader.