NEPSE Bazar brings Advance Chart Library: Now you can analyze stocks with auto signals, forecast models and backtesting

NEPSE Market, which has been publishing information, news and investment education materials related to the Nepali stock market, has released a new advance chart library for investors. Aiming at investors, traders and learning users who want to do technical analysis in the stock market, NEPSE market has added features like auto signal, forecast model, advance backtesting, parameter scan, stage dashboard and custom indicators.

According to Nepsey Bazar, the basic chart can be viewed for free by all users. But more advanced features like auto signal, forecast model, advance backtesting, parameter scan, stage dashboard and custom indicators will be available for premium users. With the new chart library, users can study share price movement, trend, support-resistance, volume activity, breakout probability and various technical signals from one place. Nepsey Markets claims that this will not only facilitate the general chart viewing experience, but also the ability to perform data-based analysis.

Click here to view the chart The auto signal feature included in it will assist in identifying various technical conditions. Smart Money Concept, Trend Line, Zone, Fibonacci, Breakout, Pivot, Moving Average Crossover, MACD Signal, Bollinger Signal, RSI Signal and other technical signals can be easily viewed by the user. This is expected to help in quickly understanding which stocks are showing signs in the market.

Through the forecast model, users can study potential market movements based on models such as trend projection, linear regression, EMA momentum, mean reversion, Donchian breakout, chart pattern projection, candlestick bias and AI consensus. NEPSE Bazar has made it clear that such models should be used as analytical tools rather than definitive predictions. The advanced backtesting facility added by NEPSE market is also considered important for traders. Through this, the user can test a strategy on past market data and see its possible outcome. Which strategy gave what kind of return, how much risk remained, how much was the win rate, how much was the drawdown and whether the strategy is useful in practice can be understood through backtesting.

Similarly, the parameter scan feature will help to select stocks based on various indicators, trends, signals and conditions. This will help investors to find potential stocks according to their strategy, reducing the hassle of looking at multiple companies one by one. Nepse Market's new stage dashboard provides a single-stop view of the stage, breath, relative strength and market health of companies listed on Nepse. Which sector is strong, which company has a strong trend, which has increased risk and which stock is performing better than the market can be understood from the dashboard.

The custom indicator feature will give the user the opportunity to use different technical indicators according to their own needs and analysis style. It is expected to be useful for users ranging from simple chart viewing to active traders and users who want to test strategies. According to Nepsey Markets, this charting system is integrated with a modern charting experience based on the TradingView charting library. Users can use additional local data, signals, scans, backtesting and analysis features developed by Nepsey Market in a familiar and intuitive chart interface.

NEPSE Bazar said that this facility was introduced with the aim of developing a decision culture based on data, charts and practice by reducing the tendency to make decisions based on rumours, tips and speculations in the stock market. According to the company, basic access to the chart is kept free so that more users can study the market. But detailed analysis, automated signals, strategy testing and advanced scanning features will be available as premium services.

Lately, there has been an increasing interest in technical analysis in the Nepali stock market. But many investors look at charts based on guesswork without the right tools, systematic data and practice. Nepsey Market's new Advance Chart Library is expected to alleviate such problems and enable users to view charts, understand signals, test strategies and analyze market conditions from a single platform. According to NEPSE market, mere news or rumor is not enough to succeed in the stock market. Advanced chart library is added to understand the market movement, price, volume, trend, risk and strategy. It is believed to help new investors, active traders and users who want to learn technical analysis to study the market in a more systematic way.

Nepsey Market's Advance Chart Library is now available for users. While the basic chart can be used for free, the premium features like auto signals, forecast model, advanced backtesting, parameter scan, stage dashboard and custom indicators can be used for a fee.