CONFIDANT is a tool for putting your stock-trading ideas to the test, allowing you to see if those ideas can be profitable. With CONFIDANT, it's all about "your" stock-trading ideas...not ours. That's why we don't provide any pre-canned systems or suggestions for how to trade or which stocks to buy or sell.
Simply put, CONFIDANT allows you to test virtually endless combinations of conditions and condition settings (instruments) to model your ideas and trading patterns against real historical stock data, and reveal objective performance metrics for your ideas. Through your explorations, you can build confidence in your ideas and whatever choices you end up making.
HOW IT WORKS?
* You start with 100 tests (additional tests can be purchased in the app)
* Build an instrument
* Pick and set your conditions, triggers, and actions (from provided formulas)
* Select desired stocks to test
* Set settings for the test
* Evaluate results
* Tweak settings as desired and repeat test
* When results are favorable, create a system to follow in your portfolio
* Check portfolio daily to get Buy/Sell signals from your active systems
* Test against up to 10 stocks at a time (from AMEX, NASDAQ, and NYSE)
* Test against up to 5 years of data (end-of-day)
* Take snapshots of your favorite instrument settings
* Instrument and snapshot management (with ability to print/email reports)
* Create "systems" to follow favorable instruments and stocks
* Track system performance and manage systems
* Systems are checked daily for next trade day Buy/Sell signals
* Great help documentation (with 2 tutorials to help you get started)
minor bug fixes
Ratings and ReviewsSee All
Nice app but wasn't 100% obvious for me at first (without the tutorials). The tutorials were easy to follow and quick. Now I get it, and love how simple it is to test for so many things. Formula selection is really powerful. So are the signals.
I would like to see formulas for candles.
This app is great when you know which stocks you want to test. I would also like to test against many stocks at once (beyond the 10-limit), to see which stocks perform better with my tests, so I could then hone in on those stocks. Right now I created several stock lists to get around this. This gets the job done, but it would be better if there was a way to select lots of stocks (maybe an entire exchange).
This app is impossible to use, mostly because the interface is not intuitive and the developer provides zero support (not even a basic tutorial). In fact, it's unclear what this app even does, let alone how it works.
With Family Sharing set up, up to six family members can use this app.