Watchlists

How to organize and study your candidates using Watchlists?

The stocks you’ve screened using Typical Channels or DIY channel are already promising. However, it is advisable to look at more details on the stock and to track its current and historical development.

The Watchlists function of Earning Channel is intuitive and offers high-speed data streams. It is most convenient for cross-referencing. You can switch among real time quotes, historical data, and financial statistics without getting lost.

Main Page

The main page of Watchlists provides naming, sorting and tracking functions.

You can name up to six groups, for instance, strong growers, industry leaders, short gainers, dividends.

The sorting function gives you a quick glance of current data. You can sort by current price, price changes, and volume.

The tracking function shows you the performance of the stock and K chart movement after commencement of tracking.

If you want to add a new stock to the Watchlists which is not from the Typical or DIY Channels, just tap the + sign at the bottom. You can then enter the symbol or the company name to add the stock to the watchlist. You can also view the stock without putting it into a watchlist by tapping the search symbol.

Add to Action Plan

After you have done the research and decided to trade in a stock, put the stock into an Action Plan. To do so, tap the head symbol at the bottom. Then choose whether you want this to be a long position to hold, or a short position to short sell.

Removing a stock from Watchlist

To remove a stock from a watchlist tap the trash can next to the symbol and the stock will be deleted. Note that, if a stock is already selected in an Action Plan, then it cannot be removed from the watchlist. To delete this stock, make sure you have no open positions on the stock, then you can remove it from the action plan.

Research and tracking within watchlists

Before putting stocks into an action plan, it is necessary to research the stock further, via real time quotes, technical analysis, and fundamentals analysis. As you can see below, you can switch among these three categories for quick and handy reference.

Technical Analysis

First let’s look at technical analysis. In technical analysis you can hold your device in portrait mode or turn it sideways to show more candlesticks. The Earning Channel offers a large range of technical analysis functionality.

  1. Next / Previous stock. By tapping up and down arrows, you can see charts of stocks in your watchlist or search lists from the Typical Channel, without having to leave the current setting.
  2. Day / Night. Tap the moon symbol to change the background to bright or dark.
  3. Channel:
    • Draw: you can choose whether the system draws the channel for you. If yes, the channel will draw a golden channel(s) for your reference.
    • Track: you can record the channel from the day you decide to begin tracking, and then days later compare with it that drawn by the system to see the difference.
  4. Duration: slide the function bar to view by Day/Wk/Mon/min, to decide whether you want to view a weekly or a daily chart.
  5. Columns for data comparison. Earning Channel offers three settings: three windows, two windows, and one. The typical information layout for three windows is: Price movement, volume, and technical data.
    • Price movement chart: Tap the right-hand side of the window where price marks are shown. It will give you a choice of charts and indicators.
      • For charts you can choose between Candlesticks and OHLC.
      • For price movement indicators you can choose between MA, SAR, BB, EMA, EMA channel, or none.
    • For the second and/or the third window, you can choose any indicator by tapping the right-hand side of the window.
      • The choices are: Vol, RSI, KD (stochastics), MACD, BIAS, OBV, PSV, W&R, MTM, Swing, TLB, AR/BR, DMI, VR, ATR, CCI, MFI, and ROC.
  1. Two stock comparison:
    • Trend Lines Comparison: two superimposed lines
    • Candlestick Charts Comparison: two separate windows
    • Candlestick Charts & Trend Lines Comparison: superimposed lines and candlesticks
  2. Drawing: Earning Channel offers three methods by which to draw channels
    • Display peaks and dips: choose two peaks and dips to form the channel you prefer.
    • Parallel lines: draw one line, then tap on a point. The app will draw a line parallel to the pre-existing line.
    • Trend lines: free drawing of two lines.
  3. Zoom in and out: Although you can use two fingers to zoom in and out, the system offers zoom in and out buttons to give you more precise control.
  4. The heart symbol indicates the date you started to track the stock.

 

 

Fundamentals Analysis

The Earning Channel provides a quick reference on company fundamentals, including:

  • Profile: What the company does and general information on it
  • REV: Revenue of the past eight quarters and five years, with comparisons and charts
  • EPS: Earnings per share of the past eight quarters and five years, with comparisons and charts
  • DIV: Dividend paid for the past eight quarters and five years, with comparisons and charts
  • Financial statistics
    • Key Statistics
    • Income Statements
    • Cash Flows
    • Balance Sheets

Compared with the screening criteria used in the Typical Channel, the information in this section is more detailed, and both dollar and percentage based. Screening criteria is mostly percentage-based to screen across companies. After you have studied the stock’s historical price movement and checked its fundamentals it is time to put the stock into your action plan to establish a position from which to hold it.

 

 

 

Real Time Quote

Though we do not encourage users to make investment decisions based on real-time data, we do provide high-speed streaming data for quick reference, and so that the app can offer personalized alerts.

In Real Time Quote, you can:

  1. Read the charts in your watchlist (or listed out in Typical or DIY channels) using the up and down arrows.
  2. Add the stock into your watchlist if you haven’t already.
  3. Study the details of current transactions.
  4. Check the price distribution of transactions to see where the most active prices are.
  5. At the bottom, you have quick reference data on last, open, high, low, changes and volume.

 

Good luck with your investments and trading!

Earning Channel software, as well as the articles, tutorials and suggestions on the website and in social media, are provided as tools and reference to help users develop their own market analyses and make their own investment decisions. Users are ultimately responsible for the ways in which they use this information. Nothing associated with Earning Channel or the information presented in the articles and tutorials should be interpreted as direct advice to buy or sell securities.