+1 888 340 6572
MultiCharts Project Management
previous_open_issue.png
Go to the previous open issue
previous_issue.png
Go to the previous issue (open or closed)
star_faded.png
Please log in to bookmark issues
feature_request_small.png
Open Feature request MC-477 » Open Feature request MC-1137

Fundamental Analysis like Tradestation or Vector Vest

action_vote_minus_faded.png
10
Votes
action_vote_plus_faded.png
next_issue.png
Go to the next issue (open or closed)
next_open_issue.png
Go to the next open issue
Description

Is it possible add Fundamental Analysis like
TRADESTATION
Vector Vest
into mc strategy, indicator
and a database of historical and real time Fundamental data please?

Steps to reproduce this issue

Is it possible add Fundamental Analysis like
TRADESTATION
Vector Vest
into mc strategy, indicator
and a database of historical and real time Fundamental data please?

Comments (3)
#0
user-offline.png  JD (jdfagan)
Jan 27, 2013 - 08:08

For this feature request, I recommend that MultiCharts look into CompuStat database which has a very rich set of fundamental data historically per stock. It is used by University of Chicago's CRSP database and also is the basis of William O'Neil's WONDA service. This type of fundamental database gets updated periodically (e.g., once a day or once a week - as you choose when setting up with CompuStat). This would give one the ability to historically look at the following fundamental data at points back in time (which typically update/change on a quarterly basis for a stock, but you'll want to update once a day or once a week cause different stocks report financials at different times throughout the quarter):
* Last Quarter EPS
* Current Quarter Estimated EPS
* Current Earnings Due Date
* Last Quarter Sales/Revenue
* Annual Pre-Tax Margin %
* Annual ROE %
* Debt/Equity Ratio
* Market Capitalization
* # of Outstanding Shares
* # of Floating Shares
* # of Mutual Funds invested in this stock
* # of Non-Mutual Fund Instituional Shares
* Mutual Funds Sponsorship (names of funds and ideally their # of shares that have invested in this stock)
Ultimately, I believe you (MultiCharts company) should subscribe to Compustat as an institutional client and then resell this fundamental data downward to your MultiCharts user base (the retail clients). Historical fundamental data is not easily accessible by us at the retail level for use in systems/models/backtesting. This feature would surely separate you from many other trading platforms as a premier equities based trading platform accessible by the masses of retail investors.

#0
user-offline.png  bomberone1 (bomberone1)
Mar 09, 2013 - 19:02

Add the possibility to creata a large database of fundamental data of stocks or cot indicator, (both US stocks, but also Italia, Germany, ecc... ) like tradestation or vector vest have.
Have a tool to have a fast scan of the best fundamental stocks in the market, nad to follow the real time earning release.

#1
user-offline.png  bomberone1 (bomberone1)
icon_reply.pngMay 06, 06:59, in reply to comment #0

Please add also the COT indicator like tradestation.

https://www.multicharts.com/discussion/viewtopic.php?t=11128

History
Issue basics
  • Type of issue
    Feature request
  • Category
    Usability
  • Targeted for
    Not determined
  • Status
    Postponed
User pain
  • Type of bug
    Not triaged
  • Likelihood
    Not triaged
  • Effect
    Not triaged
Affected by this issue (2)
People involved
Times and dates
  • Posted at
  • Last updated
Issue details
  • Resolution
    Not determined
  • Severity
    Normal
Attachments (0)
There is nothing attached to this issue
Commits (0)
There are no code checkins for this issue
Duplicate issues (0)
This issue does not have any duplicates