Welcome to DreamTai Stock Trading Software blog. Here, DreamTai members can post their views, ideas, opinions and list of stocks which they like and which have given a Buy Signal or Sell signal by DreamTai stock Trading Software.
Wednesday, August 12, 2020
How to transfer your watchlists to the new PC from your old PC
Monday, January 20, 2020
Can DreamTai be used to analyse Forex / Bitcoin Data? Or how to manually add stock 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
DreamTai can be used for analyzing stocks from the following countries:
| Num. | Country | Stock Exchange | Suffix after ticker symbol |
| 1 | USA | All | No suffix after ticker symbol |
| 2 | Canada | Toronto Stock Exchange | -CT |
| 3 | UK | London Stock Exchange | -LN |
| 4 | India | India Bombay Stock Exchange BSE | -IB |
| 5 | France | Euronext Paris | -FP |
| 6 | Ireland | Euronext Dublin | -ID |
| 7 | Netherland | Euronext Amsterdam | -NA |
| 8 | Israel | Tel Aviv Stock Exchange | -IT |
| 9 | UAE | Abu Dhabi Securities Exchange | -DH |
| 10 | Portugal | 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 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
*
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
How to find stocks purchased by Hedge Funds, Pension Funds and large financial institutions
Whalewisdom
The link below shows the fund holdings of Berkshire Hathaway
https://whalewisdom.com/filer/berkshire-hathaway-inc
GuruFocus
Current Holdings:
https://www.gurufocus.com/guru/warren+buffett/current-portfolio/portfolio
Latest Trades:
https://www.gurufocus.com/guru/warren+buffett/stock-picks
Insider monkey
https://www.insidermonkey.com/
Monday, November 11, 2019
Canadian stock symbols are available in DreamTai
Monday, October 28, 2019
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.
Sunday, October 27, 2019
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
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.













