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Durgapuja Gift: Stock Market Technical Analysis Software Free Download - YouTube
Channel: Indrajit Mukherjee
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So, how are you friends?
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In this I鈥檓 going to give you a gift.
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And this gift I am going to give you is a
technical software stock market technical
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analysis software to be used as free of cost
.So you need not to pay a single penny to
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use it and the software is 100% real time.
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So if you are using it for Indian stock market
it is hundred percent real time.
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So you can see the intraday charts in it as
well as all the positional charts, daily weekly,
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monthly charts in the same software.
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Now my dear friends, why I am gifting you
this software?
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Nowadays we are celebrating the Durgapuja,
we are celebrating the Navaratri, and I thought
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it will be my pleasure to give you a gift
in the terms of stock market technical analysis
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software.
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So my dear friends what is the name of the
software.
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The name of the software is motivewave.
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I鈥檒l show you how you can use it absolutely
free of cost.
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You need not to pay a single paisa; you need
not to pay a single penny for that.
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So I鈥檒l show you more about the motivewave
software.
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How to download it, how to install it and
how to use it for the charting platform.
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So let me take you to the motivewave website.
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But before that it is the time to subscribe
to my channel.
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So friends we are in the motivewave website.
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So this is the website.
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Here you can see the trading platform to fit
any trader or market analyst.
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And this is the screenshot of the trading
platform.
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So this trading platform you are going to
get free of cost, absolutely free of cost.
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So first let us check the pricing.
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So there is the pricing and there is the menu
of charting and trading software.
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Let us go there.
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So, in this page you can see, the first option
is the community option.
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So here you see the charting and trade simulation
platform and it is available free of cost.
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Then there is the standard option, it is having
the trading platform.
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This is for trader.
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So you need to pay 24 dollars a month.
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The next option is the order flow option,
this is a full featured trading platform and
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for this you need to pay $49 per month.
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And the last one is PRO.
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This is the advanced trading platform.
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This is for the power traders and to use this
you need to pay $99 per month.
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So here guys, as I told you that we will be
using the community option.
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So this free of cost option and I have told
you that this will be my durgapuja gift for
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you all guy, Navaratri gift to you all guys.
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So for that what you need to do now, I鈥檒l
show you.
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So here you need to go to the download page.
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I鈥檒l give you the all links in the video
description.
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So from there you can directly go to this
website and the download page also.
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So now we are on the download page.
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You can see, this is version 6.2.5, this is
released on September 25, 2020.
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So this is the latest version.
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And you can see here are the download options
for various platforms.
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For Windows, for Mac, for Linux and likewise.
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So here are the release notes and you can
also see what are the new features in the
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versions 6.1, and 6.0.
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And you can check all these details from here.
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Now we will be downloading the windows version
here.
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For this windows version you need to simply
click here.
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So you can see it is asking to save the file.
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So you can save it in your downloads folder
or somewhere you want to save.
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So I am already having this version downloaded
and installed.
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So I am actually cancelling this.
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And now guys, if you download and install
it will give you Pro option.
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So directly you will get a free trial of the
Pro option.
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So here is the free trial option.
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You can click here.
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And you can actually apply for a free trail.
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So if you apply for the free trail, you will
directly get the free trial of the Pro option.
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And once your free trial days of 14 day will
be over it will be directly converted to the
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free community option.
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So for community option you need not to do
anything.
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Just you need to download the software and
register for a free trial.
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And once your trial is approved you can use
the same trial free for 14 days and once this
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14 day is over your trial option actually
will be converted to the free community option.
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So now I will show you what are the features
of this motivewave software.
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So now my dear friends I鈥檓 already having
this motivewave software downloaded and installed
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on my PC.
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So here you can see, this is the shortcut
of the motivewave software.
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So now I will run the software.
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So I have already created a workspace.
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I have named it as Indrajit 1.
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So I will click on continue.
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So you can see this is the trial version of
the ultimate edition.
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And when my free trail is going to expire
that is also written.
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So it will expire on 16th of October 2020.
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So just click okay.
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So the software is loading and this is the
ultimate edition.
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But when the trial mode is over, it will be
converted to the community edition.
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So I would not mind because I鈥檒l just use
it for charting.
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So now, I have already added some scrips.
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I have already added bank nifty index, India
vix, nifty index, Adani ports, Asian paints
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or something like that.
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I have added my favourite stocks.
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So you can also add your stocks if you like.
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So here I am on my watchlist.
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So you can create your own watchlist also.
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So here is the option.
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You can open new chart or you can create new
watchlist or you can create new gauge panel,
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so something like that.
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So here we are not using this order book or
something like that because we are not using
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this platform for ordering.
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Simply we will use for charting.
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So let us create one watchlist.
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So the name of watchlist you need to create
here.
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Suppose the name is test.
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We are clicking next.
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What are the columns that is they are on the
watchlist.
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It is written over here.
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You can add or remove columns as you wish.
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So I am clicking on next.
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So here we need to add the instruments.
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So here you can see you need to add the instruments.
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So let us search for an instrument.
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Suppose we will be adding say, Reliance.
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So let us search for reliance.
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You can see Reliance, Bhel infra, R power,
Rel capital, R com all are shown.
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Suppose we will be only adding reliance.
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So click on okay.
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And suppose, another symbol, say we will search
for say, one indices say, Dow Jones.
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So you can see Dow Jones industrial average,
Dow Jones transportation average.
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So these all Dow Jones indices are shown here.
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We will be adding the Dow Jones industrial
average.
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Click on ok.
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Suppose you will be adding another index,
say nifty.
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Search, you can see all the nifty indices
are shown here.
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Bank nifty, cnx auto, CNX pharma, India vix,
nifty, nifty bees.
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Suppose we will be adding nifty 50.
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Click on ok.
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Click on save.
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Now here, just if you double click the test,
so here you can see the test watchlist is
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now open.
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So now, you can open any of the charts.
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So now you want to see the nifty index char.
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So just open the chart window.
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You can see the chart window has opened.
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The nifty鈥檚 chart has opened.
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You can also maximise the chart by clicking
here.
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So you can see the chart has been maximised.
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And here there are the studies.
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You can add the studies, you can add moving
averages.
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There are different kinds of moving average.
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You can add overlays.
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So there are the names of the overlays written
here.
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You can add many indicators, many studies.
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There are astrological studies, there are
bar patterns, there are general indicators,
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there are volume based indicators, Welles
Wilders indicators, Bill Williams indicators,
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Tushar Chande indicators, Mark Chaikin indicators.
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So there are custom indicators, Alexander
Elder indicators.
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You can use different kind of bands, you can
use bill mars indicators, John Hellers indicators
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you can use.
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You can use many kind of oscillators.
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You can performance based indicators, and
you can use William Blau indicator.
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And you can add the strategies.
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So there are all strategies, there are recently
used strategies, or if you want to use the
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bill Williams strategies or general strategies,
Tushar Chande strategies, Welles Wilder鈥檚
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strategies, William Blau strategies you can
add them.
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Suppose for testing, I鈥檒l be adding one
strategy, say accelerator decelerator strategy
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by Bill Williams.
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If we click create we can see accelerator
decelerator strategy.
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Here are by signal, sell signals will be shown.
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So here we have got a sell signal.
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Then a buy signal, sell signal buy signal,
sell signal buy signal, so on.
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So this is how the strategies are used.
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And suppose if we add indicator, so we can
add indicators.
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Suppose I鈥檒l be adding one hull moving average.
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So you can click on create.
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So the indicators will also be added in the
charts like this.
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Then there are format, you can add different
types of text formatting to the charts.
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The windows option is there and finally the
help option is there.
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And now suppose we will be opening another
symbol, chart of say, Dow Jones.
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So let me minimize this one.
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So to open the Dow Jones chart, simply you
need to right click on Dow Jones, and click
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on open chart window.
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So you can see the Dow Jones chart is now
opened .Let me maximize it.
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So this is the Dow Jones chart and you can
also select your time frame.
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Suppose this is the 15 minute time frame chart.
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You can select 1min.
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2 min., 3minutes, 4 minutes, 5 minutes, 10
minutes 15 minutes, 20 minutes 30 minutes,
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then 45 minutes, 1 hour, 90 minutes, 2 hour
, 3 hours, 4 hours, 5 hours.
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So whatever kind of charts you want, you can
use them, 6 hours, 8 hours, 10 hours, 12 hours,
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1 day.
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Suppose I want to see the daily chart of Dow
Jones.
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So click on 1 day.
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You can see the Dow Jones chart is now opened.
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You can see there is the nice volume is attached
below.
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So this is the Dow Jones chart, the daily
chart of Dow Jones.
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Similarly you can open 2days, 3days, or 1
week chart.
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So this is the weekly chart of Dow Jones.
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So in this way you can select your time frame.
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So friends you can see this is a nice charting
platform.
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You can utilize this for free of cost and
you can get charts of almost all exchanges.
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So now, how to get this data.
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For the data source I am using the Google
or yahoo.
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So you can also use this Google or yahoo data.
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Because this is free of cost and you can configure
the data source while installing the software
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for the first time.
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So as I have already installed it, right now
I鈥檒l not be able to show you but whenever
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you are installing this for the first time,
you can also configure your data source.
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So in this way you can use this free charting
platform called motivewave and this is 100%
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free of cost.
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You can use it as long as you wish and this
free community option will keep on running
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till you want to use it.
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And you can download and install the new updates
also.
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So this is 100% free of cost option for all
the traders of all the exchanges who will
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be happy with Google or yahoo data.
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So dear friends, I have shown you the motive
wave software and I have also shown you how
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you can use it absolutely free of cost.
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You have seen that how to download it, how
to install it and then how to use the studies,
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how to use the strategies and everything is
free of cost.
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So for the Indian stock market if you are
using the Google and the yahoo data.
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The data cost is also absolutely zero.
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So whenever you are comparing it with other
software like Amibroker or any other charting
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platforms like mt4, so there you need to pay
the data vendors their charges.
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Here as we are pulling data from Google or
yahoo.
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So our data cost is also zero.
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So my dear friends I do come up with these
kinds of videos twice a week.
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So if you are not yet subscribed to me in
YouTube, I will suggest you to hit the subscribe
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button.
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And also do not forget to hit the bell icon.
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Because in that case you will be receiving
my next video updates almost instantly.
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So dear friends if you like this motivewave
software, if you have liked it, if you have
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liked my Durgapuja or Navaratri gift, do make
a comment, a thank you comment.
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At least I deserve a thank you.
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And you have any questions regarding this
motivewave software or how to use it; do not
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also forget to ask the same in the comments.
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Because I鈥檒l try to answer all the comments
in this channel.
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And dear friends if you have liked this video
do hit the like button; share it with your
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friends and relatives and till we meet in
the next video, bye, bye.
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