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Sherpa comes complete with one year of ASX all
shares and indices data, downloadable daily from
6:30pm. It also includes up to 20 years of
historical ASX share price and historical futures
data dating back as far as 1959. Additional data is available for
options, warrants and futures. And all data
can be converted to a Metastock database. For
details and prices, click here
Up to 10 years of historical fundamental data is available from the moment you start using Sherpa. Fundamental company information is downloaded each day when released to the Australian Stock Exchange by the companies listed on the exchange. No need to wait until the end of the month to get your data. Identify companies with strong balance sheets and solid profitability.
Isolate those companies that have grown earnings and dividends strongly over many years. Build a watch list of companies that meet your fundamental criteria. Fundamental information includes data from the Profit and Loss statement, the Balance Sheet and the Cash Flow Statement.
Use Return on Equity, Profit Margin, Dividend yield, the PEG ratio and dozens of other market ratios, liquidity ratios and profitability ratios to analyse the company you are focusing on or to find a group of companies that meet your criteria.
One of the most comprehensive charting packages available with more than 50 indicators and thousands of combinations. Over 50 years of charting insights are available as soon as you open the charting features. Display charts as bar charts, line charts, candlesticks and accurate Point & Figure charts
Overlay up to 16 indicators on the one screen or use only one. Advanced indicators are available to allow you build trading systems based on Average True Range, Volatility Break Outs and Channel Break Outs. All indicators are user defined. That means there are no pre-set parameters. You are not limited in any way to what you can use. Use the default settings or change anything you like.
Even advanced traders, brokers, professional technical analysts, dealers, financial planners and proprietary traders will be pleased with Sherpa’s charting flexibility and power. Have your moving average bands 1, 2 or 3 standard deviations away from the moving average and place your trailing stop 1, 2 or 3 ATR’s away from the low or the close. As you become more advanced, Sherpa can guide you to the next stage of your climb.
One of the most powerful features of Sherpa is the ability to scan for chart patterns, signals from technical indicators or fundamentals or even scan for all three at once. And all with “Point and Click” simplicity.
Sherpa’s scans are not limited to just shares. You can scan warrants, options, commodity and financial futures and even currencies. Search for shares that are breaking to new highs, showing higher volatility or simply breaking above their moving average. Take the top 100 companies by market capitalization, find the twenty with the lowest debt to equity ratio and then search them for an upward sloping moving average, a rising ADX and an unusual spike in volume within the last month.
Sort, rank and filter your findings in any order, by any criteria or priority. Set defined hurdles for your favourite companies to meet or rank all companies and find those able to jump the highest. Search the whole market or just a watch list of companies or markets that you have used fundamentals or charts to build. Double-check a broker’s recommendation to see if it meets your own selection criteria.
Active investing and trading relies on building sound selection strategies and then adhering to those strategies. Keeping track of all of the market changes was previously a full time job. With Sherpa Alerts, you can set defined parameters and Sherpa will notify you, when you update your data, if any of your levels or signals have been triggered. Indeed you can be alerted to any change in any indicator. You can be alerted if a price breaks through a stop loss level or if volume jumps to unusual highs or lows. Be notified immediately of any changes to any of the markets or companies in any or all of watch lists.
Create an infinite number of watch lists. Sherpa’s Watch lists are designed to allow you to group together particular stocks and markets that you wish to follow more closely. Group markets and companies according to absolutely any criteria you like. Group a list of companies that have been recommended in a magazine or in a newsletter that you subscribe to. Then use the scanning functions to see if any of them meet your own criteria. Use watch lists to isolate a group of markets that are showing rising volume and then scan that list each day or week for a subsequent breakout. Use Sherpa watch lists to define a group of companies that have moved the most down in percentage terms over the week and then scan them for solid fundamentals and a price reversal to the upside. Sherpa will ensure every step is placed correctly.
An essential part of active investing successfully is to learn from your experience. Many investors repeat their mistakes because they don’t learn from them. Don’t be a repeat offender. Learn from every investment and every trade by filling in the Trader’s Diary in Sherpa. Identify the trade, add the entry price, quantity of shares, futures or options purchased. Then write down in the journal entry provided, your thoughts upon entering the trade. Why did you buy? Did you receive a signal from your method, did someone give you a tip or did you read about the opportunity in a magazine? You will never forget why you took a trade once Sherpa has taken down your thoughts and expectations. Now it’s easy to go back and see if an investment didn’t work out; what went wrong. Importantly, if you look back after a year and find that the best results came from the advise of a particular broker, you will now know who to use more regularly and who not to use.
Comprehensive portfolio management is essential for trading success. Sherpa offers an accurate record of the quantities of the shares purchased, the price at which they were purchased and the brokerage and stamp duty paid.
Sherpa allows you to create an unlimited number of portfolios. Then you can track the performance of individual shares within each portfolio or track the performance of the portfolio as a whole.
Because it isn’t automatically linked to a broker, Sherpa allows you to establish trial portfolios and paper trade - an important way to test new strategies and markets before you take the financial plunge into a new area of trading.
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