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AnalyzerXL is a library of 146 technical analysis functions, indicators and experts in the form of Excel formulas. The AnalyzerXL Wizard makes it easy to implement a new function and simplifies the creation of trading systems. It is also easy to create charts from functions with numeric outputs - just click the Chart icon and select the type of chart you wish to create. An indicator is used to determine the trend of a market, the strength of the market and the direction of the market. An expert is a stock market system such as Bill Williams' Profitunity. Expert functions produce special outputs, such as Buy/Sell signals, trend directions and more.All functions are categorized by the type of output they produce. There are two types of outputs: Formulas and Values. Formulas are automatically re-calculated when you change input data, whereas Values remain the same. With Formulas, you do not need to re-enter range references or function parameters when you update data.
