Uses a peer-to-peer grid to back test innumerable trading strategies and is very easy to use.
Pros & Cons:
I can't tell you if computerized buy and sell signals will help you achieve better results than a Magic 8-Ball could, but if you want a tool that is just as simple to use I can point you to GStock.
GStock differs from other technical analysis tools in that it uses a peer-to-peer grid to back test innumerable trading strategies and is very easy to use. Just type in a stock symbol and you'll see if it's time to buy or sell. A free subscription lets you create a portfolio containing up to 100 stocks and get immediate email alerts when any of your portfolio stocks receive a Buy or Sell signal. A paid subscription gives you access to an easy to use stock picker and daily email alerts for stocks with buy or sell signals.
You can also download and install GStock Calculation Software if you want your computer to become part of their virtual supercomputer grid. It would be interesting to hear Cramer's review if GStock played Inspectd.
GStock was reviewed by Gizmos Freeware on