Wednesday, August 12, 2020

How to transfer your watchlists to the new PC from your old PC

 

Go to your old PC.
Go to the following folder

C:\DreamTai_50225\
In it, you will see a folder named [data]

Copy the [data] folder and its sub-folders.

Go to your new PC.

We will replace the [data]  folder here with [data] folder from your old PC.

Go to the following folder

C:\DreamTai_50225\

Remove the [data] folder here.
Copy the [data] folder from your old PC into this folder.


Now, start DreamTai on your new PC.

You will see that all your stocks and watchlists are there in your new PC.

Monday, January 20, 2020

Can DreamTai be used to analyse Forex / Bitcoin Data? Or how to manually add stock data to DreamTai?

Yes, it is possibe to read CSV data for any stock/forex/other things using DreamTai.
For example, one of our users uses DreamTai to analyse Malaysian stock data, even though DreamTai did not have Malaysian stocks.
 
 
Here is the manual method to add price data to DreamTai.

In DreamTai, the price data files are stored in the following folder

C:\DreamTai_50225\data\pricedata
They are stored in CSV format. For example, if you had entered Microsoft
ticker symbol in Dreamtai, DreamTai will download data for microsoft and
store it in a file named MSFT.CSV.
( The ticker symbol for microsoft is MSFT)

You can open and edit CSV data in Microsoft Excel or notepad.
The price data is in form of following data separated by commas:
Date, Open , High, Low, Close, Volume, Adjusted Close
( If you do not have Adjusted close, just substitute it by Close data)

Suppose you are doing manual entry for a stock/forex/bitcoin with ticker symbol named "FB", just as an example.


STEP 0: 
Add ticker symbol "FB" to any watchlist.


STEP 1: GET THE INITIAL CSV FILE 
(create it manually or get it from your data provider)
Make sure that you save the file as "FB.csv" in the folder "C:\DreamTai_50225\data\pricedata"


STEP 2: MANUALLY EDIT THE PRICE DATA FILES AND ADD THE LATEST PRICE
Once you have this price data file, you can manually add price data to this file daily.
You can edit this file using Notepad or Excel.

Every day, just add the latest price data to the CSV file and save it.

See that the data has fields arranged in following sequence:
Date, Open , High, Low, Close, Volume, Adjusted Close
( If you do not have Adjusted close, just substitute it by Close data)
and save the file as XYZ.csv or whatever the stock ticker symbol is..


STEP 3: START DREAMTAI TO VIEW THE CHARTS
Now start DreamTai.
When you click on the LOAD button, a pop up will appear "Do you want to
download data from the internet ?"
Here you will click NO because you are now entering the data manually.

DreamTai will then load the price data files and do analysis and display the charts.
Then, you will be able to view data for XYZ in DreamTai.

Make sure that you update all the price data files manually everyday

HOW TO MANUALLY ADD/ DELETE STOCKS FROM WATCHLIST
Make a list of ticker symbols of all Stocks you want to add to a watchlist.
Go to the DreamTai folder. [ C:\DreamTai_50217 ]

You will notice files WL_1.txt, WL_2.txt..... and so on upto WL_30.txt.
These 30 files are the 30 watchlists of DreamTai.

In some computers, instead of "WL_1.txt", you will see these file shown as "WL_1".

Open the following file in NotePad : [ C:\DreamTai_50217\WL_1.txt ]
Add the Stock Ticker Symbols, one ticker symbol per row.
So, in this case, we are adding the stock tickers to the first watchlist here.

For example, here is a watchlist containing Apple and Microsoft and IBM Stock ticker symbols.

=================
AAPL
IBM
MSFT
=================

Sunday, December 01, 2019

DreamTai now available for other countries : UK, Canada, India, France, Ireland, Netherland, UAE, Israel, Portugal

Hi,
DreamTai can be used for analyzing stocks from the following countries:


Num.CountryStock ExchangeSuffix after ticker symbol
1USAAllNo suffix after ticker symbol
2CanadaToronto Stock Exchange-CT
3UKLondon Stock Exchange-LN
4IndiaIndia Bombay Stock Exchange BSE-IB
5FranceEuronext Paris-FP
6IrelandEuronext Dublin-ID
7NetherlandEuronext Amsterdam-NA
8IsraelTel Aviv Stock Exchange-IT
9UAEAbu Dhabi Securities Exchange -DH
10Portugal Euronext Lisbon -PL



Information about the suffix

While adding the ticker symbol to DreamTai watchlist, you have to add the suffix after the ticker symbol depending on the country.

For example: For Canadian stock ticker symbols, the suffix is "-CT". So, for symbols  AAV, IPCO and ALEF you have to enter the following ticker symbols in DreamTai

  • AAV-CT
  • IPCO-CT
  • ALEF-CT


For Indian stocks trading in BSE Exchange:


For Indian stock ticker symbols, the suffix is "-IB". So, for symbols  500002,500003,500008 you have to enter the following ticker symbols in DreamTai

  • 500002-IB
  • 500003-IB
  • 500008-IB

For Indian stocks trading in NSE Exchange:
 
Here is how to add stocks for NSE stocks in DreamTai.

Suppose you want to see the chart for stock WIPRO

According to NSE, the symbol for WIPRO is WIPRO


Here in DreamTai, the symbol is :
EQWIPRO-IS

That is, add "EQ" then the symbol then "-IS"

Similarly, in DreamTai the symbol for ONGC is
EQONGC-IS
 


*
Starting December 1, 2020, many other countries data will also be available  from IEX data exchange.

I will modify DreamTai so that it can fetch data from these exchanges provided that the data does not come with extra cost for the users of DreamTai.



https://intercom.help/iexcloud/en/articles/4580026-supported-stock-exchanges-on-iex-cloud


Friday, November 15, 2019

Monday, November 11, 2019

Canadian stock symbols are available in DreamTai

Canadian stock symbols are available in DreamTai.

To add ticker symbol for stock in Toronto Stock Exchange, you add a suffix "-CT" to the ticker symbol.

For example, the ticker symbol of Royal Bank of Canada is RY.
In DreamTai, you add the ticker symbol RY-CT
That is, you add [-CT] at end.
The ticker symbol of Canadian National Railway is CNR. In DreamTai, you will add the ticker symbol CNR-CT


Also, to add ticker symbol for stock in TSX Venture Exchange, you add a suffix "-CV" to the ticker symbol.


So, you have to add either [-CT] or [-CV] at end of ticker symbol before adding the symbol in DreamTai.



Please try and let me know if you are able to get all the Canadian stocks and if you have any issues.

Monday, October 28, 2019

CASE STUDY: BUYING MICROSOFT STOCK

CASE STUDY: BUYING MICROSOFT STOCK

Step 1: Check that the long term trend becomes bullish

The long term trend becomes bullish when the 10 week moving average rises above the 40 week moving average.
Refer [Figure 3: Microsoft weekly chart]



Around March 11,2019,the 10 week moving average went above the 40 week moving average. So, long term trend is bullish. Now, we can use DreamTai to pinpoint the exact buy point.









Step 2: Use DreamTai to pinpoint the exact buy point
Once we know that the long term trend is rising up, we wait for DreamTai to become green. We can buy Microsoft  around March 11 or later, because the price bars are green in color. Our purchase price will be around $112.
Refer [Figure 4: Microsoft daily chart]









Step 3: Use DreamTai to pinpoint the exact sell point
Around June 1,2019 the DreamTai price bars for Microsoft stock turned red at 125. This is the time to sell your shares, since the price bars have become red in color, which indicates bearishness.






On June 19, DreamTai again gave a buy signal. You can buy again at this point and hold till the price bars turn red again.

In mid-September and mid-October, there were fake signals due to choppy market, which would make you lose a little bit of money. You will encounter such choppy trades and small losses, but you do not have to worry as long as you make money on the bulk of the trend.





Sunday, October 27, 2019

CASE STUDY: BUYING VISA STOCK

CASE STUDY: BUYING VISA STOCK

Step 1: Check that the long term trend becomes bullish

The long term trend becomes bullish when the 10 week moving average rises above the 40 week moving average.
Refer [Figure 1: Visa weekly chart]



Around February 26,2019,the 10 week moving average went above the 40 week moving average. So, long term trend is bullish. Now, we can use DreamTai to pinpoint the exact buy point.












Step 2: Use DreamTai to pinpoint the exact buy point
Once we know that the long term trend is rising up, we wait for DreamTai to become green. We can buy Visa on Feb 26 or later, because the price bars are green in color. Our purchase price will be around $146.
Refer [Figure 2: Visa daily chart]








Step 3: Use DreamTai to pinpoint the exact sell point
Around August 5th,2019 the DreamTai price bars for Visa stock turned red. This is the time to sell your shares, since the price bars have become red in color, which indicates bearishness.






Monday, June 25, 2018

Manual Price Data Entry for DreamTai

DreamTai uses free price data from Google Finance and Yahoo Finance and other sources. Sometimes, they are late in updating their data servers, so it shows older data.

Usually, this issue corrects itself in a day or two.

A paid price data subscription from vendors is expensive,($100 per month per subscriber) that is why DreamTai uses free price data, so that investors can purchase DreamTai at a reasonable price.

You can manually update the stock prices. It just takes a few minutes and you can get the buy/sell signals




MANUAL DATA ENTRY


If you want, you can also manually update the price data.

The price data files are in the following folder:

C:\DreamTai_50221\data\pricedata

You can open any data file using Notepad.

Example: For Microsoft, the file name is MSFT.csv.
On opening the price data file, you will see the data is in the following format

2018-04-27,97.6,97.9,93.91,95.82,48272780,95.82
2018-04-26,93.55,95.15,93.1,94.26,42529043,94.26
2018-04-25,93.3,93.3,90.28,92.31,33729257,92.31


The fields are as follows, separated by comma.
Date, Open, High, Low, Close,Volume, Close

You can add today's price data on top row in a new line, and save the data file and run DreamTai again with latest data.

When you see the pop up window asking "Shall I download the latest data from the web?", click the NO button, because you have already manually updated the prices.


 Please contact if you have any questions.