November 17, 2024
November 16, 2024
Interesting Comparative Tab: QChartist vs. TradingView
Comparative Table: QChartist vs. TradingView
Feature | QChartist | TradingView |
---|---|---|
Platform | Desktop software | Cloud-based web platform |
Indicator Loading Speed | Very fast, processed locally by CPU. | Slower, dependent on cloud processing. |
Flexibility | Highly flexible: Open-source code allows unlimited customization and development. | Limited customization, with proprietary constraints. |
Cost | Free and open-source. | Freemium: Basic features free, advanced features require paid plans. |
Indicator Library | Extensive and customizable. Users can create or modify indicators. | Large library, but users need to use Pine Script for custom indicators. |
Accessibility | Requires download and installation. | Accessible from any browser or device with internet. |
Data Sources | Can be manually integrated; flexibility depends on user configuration. | Offers built-in market data; additional sources may require subscription. |
Performance | High performance: Local processing ensures quick analysis even on slower networks. | Dependent on server availability and network speed. |
Community Support | Smaller, more developer-focused community. | Large community of traders and Pine Script developers. |
Automation and Scripting | Full access to the source code enables deep integration and automation. | Offers Pine Script for automated strategies, but limited to the platform. |
Updates and Evolution | User-driven updates: Anyone can contribute to the project. | Updates managed by the company, with limited user influence. |
Offline Access | Fully functional offline. | Requires an internet connection. |
Mobile Support | Limited to desktop or manual porting by users. | Strong support for mobile and tablet devices. |
Highlighted Pros of QChartist
- Faster Indicator Loading: Since all computations are processed directly by the CPU, QChartist is significantly faster for loading and analyzing indicators, especially on local machines.
- Flexibility and Customization: The open-source nature of QChartist provides unparalleled flexibility, allowing users to modify, extend, or integrate it as per their requirements.
- Cost-Effectiveness: Being free and open-source, QChartist is an attractive option for cost-conscious users.
- Offline Usability: Unlike TradingView, QChartist does not require an internet connection, making it reliable for users with limited or no access to online resources.
- High Performance: Local processing ensures consistent performance, unaffected by server downtime or internet lag.
Use Case Recommendations
- Choose QChartist: If you prioritize speed, customization, offline access, or open-source projects.
- Choose TradingView: If you value cloud accessibility, a large community, and integration with market data sources.
Robert Kiyosaki (Rich Dad Poor Dad) said : a vision of enrichment based on financial discipline and the patient accumulation of wealth ; Eliminate impulse or non-essential spending choose QChartist, it’s free ; you already save 20-50$ per month ; practice and apply our winning trading system with discipline ; patiently accumulate wealth ; enjoy
All the best
October 16, 2024
The official forum of QChartist has opened!
Welcome to the official forum of QChartist: https://www.qchartist.net/forum/
Thank you for joining, have a good time on the forum.
September 28, 2024
Here is why you should use leveraged trading with very caution
Friday, 27 sep 2024, this is what happened
On Kucoin for example, as the volatility was too important, it was very easy in these market conditions for the market makers to win and to liquidate their customers leveraged positions. Crypto leveraged futures trading is a very risky game for the retail trader on most brokerage platforms.
Below you can see a dangerous 240% change doji candle in 2 minutes. With this kind of huge volatility, this explains why you should use leverage with very caution.
Yet, on the ZERO/USD chart on linea network via geckoterminal.com you can see that the price arbitrage was more fairplay. This is a common case of fraud on the crypto market. I repeat, use leverage with very caution.
This is what happens when crypto markets are not enough regulated, market makers become sharks and want to eat everything, especially leveraged positions.
Rules: use leverage with caution or leverage x1 = less risk of liquidation
Use 1/3 of capital per position max. Use the remaining 1/3 and 1/3 in case you are under the water.
Use tp and sl instead of close at market price to increase your chance of winning position when you scalp.
Enter a leveraged position only if you use Vegas indi well configured (with all other indis) with a small part of your capital, when price reach the third orange line of Vegas (see pictures below). If you do not use Vegas, do not use leverage.
Cheers
September 14, 2024
Différence avec ceux qui ont raison et ceux qui ont … raison
Le besoin d’avoir raison aux yeux des autres peut être lié à plusieurs facteurs psychologiques, notamment l’estime de soi et la perception de la faiblesse. Les individus qui ressentent ce besoin peuvent voir l’admission d’une erreur comme un signe de vulnérabilité, ce qui peut affecter leur image personnelle et leur ego 25. Ce besoin peut également être amplifié par des expériences passées où leur opinion a été ignorée ou dévaluée, les poussant à défendre leurs points de vue avec plus d’ardeur 2.
Facteurs psychologiques
Estime de soi fragile : Les personnes qui ont un ego fragile peuvent ressentir une pression intense pour prouver qu'elles ont raison, car cela renforce leur sentiment de valeur personnelle 5.
Compétition sociale : Le besoin d'être perçu comme correct peut également découler d'une dynamique de compétition, où les individus cherchent à se positionner favorablement par rapport aux autres 13.
Différence avec ceux qui ont raison
Les personnes qui ont réellement raison peuvent être moins préoccupées par l’approbation des autres, car leur confiance en leur connaissance ou leur expertise est plus solide. Elles peuvent comprendre que la vérité ne dépend pas de l’opinion des autres et peuvent choisir de ne pas s’engager dans des débats inutiles 1. Cela peut également être lié à une maturité émotionnelle qui leur permet de reconnaître que le besoin d’avoir raison n’est pas toujours essentiel pour leur bien-être ou leurs relations
September 12, 2024
February 8, 2024
QChartist build 294 is available !
- major bug with the Data Source for ALL providers solved
- Added WolfeWave mode for Zup
Only ray trendlines are drawn on the chart
Run update or download the software on the official website.
Thank you for using our software.
Enjoy !
February 5, 2024
QChartist build 293 is available !
QChartist build 293 is available !
- Improved docs
- New harmonic patterns indis
- New functions and constants
- Major bug in Data Sources solved
Now all indicators work perfectly
Run update or download the last version from the website
Thanks for using our software.
Enjoy !
January 14, 2024
QChartist build 287 is out!
QChartist build 287 is out!
- new basic functions and subs : ObjectDelete, ObjectGet, ObjectCreate, ObjectFind, ObjectSetText, ihighest, ilowest, itype, iopen, ihigh, ilow, iclose, timeb
- new indicator : Harmonic_Patterns
Please run update and recompile with QTStart
Enjoy!