If you like, instead of displaying technical indicators with the standard default values, the program will optimize the parameters for the time frame displayed. A report at the base of the chart displays the buy and sell performance statistics. This useful innovation is apt to be emulated by other software vendors. The heart of the Telescan package is a sophisticated search routine that produces up to 40 technical and fundamental measures including balance sheet items, financial ratios, industry group strength and price momentum. A complex screen of thousands of securities can be run in under a minute.
Users can back- test their custom search models to assess past performance.
Along with powerful screening, Telescan includes access to 24-hour news from world wide sources. Summary The Telescan Investor's Platform is recommended for individual and professional investors alike. While the program is geared to equities, coverage of futures and other markets is expanding.