Parity Plus

Parity Plus stands out as a leading Stock Charting and Technical Analysis program in the market. Developed by DITEC Software, the program's latest version, 2.1, boasts an impressive suite of over 50 popular indicators for technical analysis of both stocks and commodities. These built-in indicators aren't just static; they serve as functions capable of returning arrays, which can then be utilized either as inputs to other indicators or integrated into user-defined formulas. This flexibility facilitates the creation of sophisticated and proprietary charting tools, enabling users to conduct "studies on studies" and expand their analytical capabilities.

The naming of the program file as parity.exe makes installation straightforward. This version supports Windows XP, 7, 10, and 11, ensuring compatibility across a wide array of systems. The software excels in building tailored charts, which include a range of chart types such as traditional Open, High, Low, Close charts, Line and Bar charts, Japanese Candlestick charts, and more. These diverse options cater to a variety of analytical styles and preferences.

One of the key features is Parity's capacity to graph a security's price, volume, and up to nine different indicators on a single chart, utilizing either stacked or overlapping panes. Each pane can showcase multiple indicators, providing a comprehensive view of the data. Moreover, the graphical Display Matrix allows for easy navigation from stock to stock and from study to study, making technical analysis sessions efficient and user-friendly.

Parity Plus is categorized under Business with a specific focus on Finances. The design leverages the full potential of the Windows Graphical User Interface, granting users a sophisticated yet manageable platform to perform intricate technical analyses. All settings in Parity Plus can be saved and recalled, allowing for a seamless transition between analysis sessions.

Pros:

• Comprehensive suite of over 50 indicators.
• Highly customizable charting tools.
• Intuitive graphical interface and Display Matrix.
• Compatibility with multiple Windows versions.

Cons:

• Limited to Windows operating systems.
• The learning curve may be steep for beginners.

For those looking to download an advanced technical analysis tool for free, Parity Plus offers a robust solution that combines versatility with a user-friendly interface, making it an essential tool for professionals in the finance sector.

You may want to check out more software, such as Parity Jukebox, QuickPar or Advanced Serial Port Terminal, which might be similar to Parity Plus.