Churr Software Stock Analysis Software For Mac
1 Stock Investment Guide Software Manual By Churr Software The Stock Investment Guide (manual version 0.8) 2 This manual may not be duplicated either in whole or in part by any means without the expressed written permission of Taylor Media, LLC. Copyright 2009 Taylor Media, LLC, All Rights Reserved. The following manual describes the operation of The Stock Investment Guide software for Macintosh and Windows. No part of this manual should be taken as investment advice, either in whole or in part. Make sure you research you own stock investment ideas carefully before investing.
This manual is subjected to the End User License Agreement ( EUlA ) that accompanies the Stock Investment Guide software. This manual is a work in progress. We have decided to release this manual in a less than finished condition, in order to provide our customers as much information as possible.
We will continue to provide free updates to this manual as they become available. The Stock Investment Guide (manual version 0.8) 3 TABLE OF CONTENTS OVERVIEW. 4 INTRODUCING THE STOCK INVESTMENT GUIDE SPECIAL NOTE. 4 SYSTEM REQUIREMENTS. 5 INSTALLING THE STOCK INVESTMENT GUIDE. 6 WINDOWS INSTALLATION PROCESS.
6 MACINTOSH INSTALLATION PROCESS. 6 SETTING PREFERENCES. 7 PREFERENCES ON THE MACINTOSH VERSION.
7 PREFERENCES ON THE WINDOWS VERSION. 7 PREFERENCES: GENERAL TAB. 8 PREFERENCES: STOCK DATA TAB.
9 Preferences: Stock Data Tab: Free Data Source STOCK LIBRARY WINDOW STOCK ANALYSIS WINDOW STOCK ANALYSIS WINDOW: COMPANY DATA TAB STOCK ANALYSIS WINDOW: GRAPH TAB GRAPH TAB: GRAPH PROJECTION Normal Trend Line QTR Projection STOCK ANALYSIS WINDOW: ANALYSIS TAB The Stock Investment Guide (manual version 0.8) 4 OVERVIEW Introducing The Stock Investment Guide 3 The Stock Investment Guide (SIG) software for Macintosh and Windows provides individual users and stock club members tools to analyze potential investments to determine if stock is reasonably priced. The Stock Investment Guide (SIG) is a powerful tool for performing comprehensive fundamental stock analysis of publicly traded companies.
The Stock Investment Guide provides users with easy-to-use tools to use historical stock data to analyze historical growth trends, project earnings, and sales, and determine Buy, Hold, and Sell prices. SIG uses a proven method of analyzing stocks, a method successfully used by stock clubs worldwide. Using SIG is really easy. Our software integrates fully with the National Association of Investors Corporation (NAIC) online stock data.
Users may also download stock data files from StockCentral.com. SIG works with the Internet in unique ways, using exclusive features to understand the quality of potential investments. Users can view historical price graphs, research company news, research competitors, view SEC filings, get earnings estimates, and research technical analyses on the internet. Special Note This manual will cover both versions of SIG, for Windows and for Macintosh. Regardless of which version is used to create the screenshots in this manual, the operation of the software is identical in nearly every aspect. Any differences in operation between the two versions will be highlighted in the text that follows. The Stock Investment Guide (manual version 0.8) 5 System Requirements Macintosh Intel or PowerPC Macintosh Mac OS X 10.2 or later Windows Windows 2000 or later (2000/XP/Vista) An active Internet connection is required to retrieve stock data into the Stock Investment Guide.
The Stock Investment Guide (manual version 0.8) 6 Installing the Stock Investment Guide Installing the Stock Investment Guide is quite easy. The installation process differs for Windows and Macintosh users as described below. Windows Installation Process 1. To install the software, download the latest version from: 2. Once you have downloaded the software, unzip the archive is Windows does not automatically unzip the file.
Run the SIG3 Installer to install the software Macintosh Installation Process 1. To install the software, download the latest version from: 2.
Once you have downloaded the software, unzip the archive is OS X does not automatically unzip the file. Drag the software to your Applications folder 4. You may also drag the file from Applications to your Dock to create an alias. You may also create an alias a place it on your desktop.
The Stock Investment Guide (manual version 0.8) 7 Setting Preferences Setting your selections in preferences is the first step needed to bring SIG to an operational state. The software will not function properly until you establish your data source in SIG.
Preferences on the Macintosh Version Select SIG Preferences in the SIG3 menu (next to the Apple menu in the upper left corner of the screen). Preferences on the Windows Version Select SIG Options in the Edit menu. When you first open preferences, the window will display four tabs: General, Stock Data, Graph, and Comparisons. The Stock Investment Guide (manual version 0.8) 8 Preferences: General Tab 1. Enter your name where it says Enter You Name 2. Set you SSG Zoning Preference.
Details of zoning can be found in the SSG Tutorial section of this guide. Set your preferred Company Stock Price Chart. This is used on a single, customized report called the Stock Summary Report.
We recommend that you enable the Automatic Check for SIG Updates. This will alert you when a new version is available. Help Tags may be disabled if you do not wish to have the yellow help tags appear whenever the mouse cursor hovers over a control within the software. Once you have completed the General Tab, selected the Stock Data tab in Preferences. The Stock Investment Guide (manual version 0.8) 9 Preferences: Stock Data Tab The Stock Data preference is the most important preference in having SIG perform as expected. If you do not enter your username and password correctly for the paid service, SIG will be unable to retrieve the data necessary to perform stock analysis. SIG works with two subscription services available at: or 2.
We highly recommend users subscribe to one these services covering most U.S. Traded securities. Because of a recent merger, but services are now operated by Better Investing. A free trial is available to allow you to try their services. If you are using the NAIC/Better Investing service, enter your username and password in the top two fields. If you check the Show Typing (Password) checkbox before entering your password, you will be able to see your password while typing for better accuracy. If you are using the Stock Central data service, enter username and password in the bottom two fields.
If you check the Show Typing (Password) checkbox before entering your password, you will be able to see your password while typing for better accuracy. Make sure you select the corresponding service using the radio buttons on the left side of the window. If you select the Update Stock Quotes When Opening Data Files checkbox, the current daily quote will automatically update when a file is opened.
Users will be asked to save the file upon closing if this option is selected (because the stock prices has been updated). The final option, Use Free Internet Stock Data Sources, allows users to derive a free data set from Internet sources. This is not a full replacement for the subscription services as described below. The Stock Investment Guide (manual version 0.8) 10 Preferences: Stock Data Tab: Free Data Source The Use Free Internet Stock Data Sources is not a full replacement for the subscription services. There are significant differences users must consider when using this option.
It is the users responsibility to verify the accuracy of the data before relying upon the results in SIG to make investment decisions. There are a couple of reasons for using the free data option. First, some users simply don t want to pay the annual fee for the subscription data services, even though they are quite affordable and provide all of the data needed for SIG. Also, the free data option can be used as a backup when on of the subscription services experiences a temporary outage, usually a rare occurrence.
Some users prefer to use Value Line data sheets, entering the data manually. The free data option can save some data entry by refilling the fields with the most recent data. The user can then change the entries to match the Value Line data sheet. Other users live outside the United States, and use SIG to analyze international equities. SIG is able to extract data for international equities, if that data is available on the source sites. The follow countries can be retrieved by using the format of the country designator:ticker symbol, e.g.
AU:BHP would be for the Australian listing of BHP. The country designators are: Country Australia Belgium Canada France Italy Germany Japan Netherlands Spain Sweden United Kingdom Designator AU: BE: CA: FR: IT: DE: JP: NL: ES: SE: GB: NOTE: The Earnings Per Share (EPS or E/S) in the free data option may not all be normalized EPS values like those provide by the subscription service.
Pay careful attention to the EPS values when using the free data options. The Stock Investment Guide (manual version 0.8) 11 Preferences: Graph Tab The Graph tab in Preferences allows users to set the colors used on the main analysis graph, select a dotted or solid projection line, and to optionally plot Cash Flow Per Share on the graph. The graph colors may be set by used one of the two default colors buttons. Users may also individually select the color swatches and pick their own colors. The color preferences will be saved and used for the graph until modified in preferences. The Stock Investment Guide (manual version 0.8) 12 Preferences: Comparisons Tab The Graph tab in Preferences allows users to set the colors used on the stock Comparison Analysis Review.
The color may be set by used one of the default color button. Users may also select the color swatch and pick their own color. The color preference will be saved and used for the stock comparisons until modified in preferences. The Stock Investment Guide (manual version 0.8) 13 Stock Library Window Macintosh Version of the Library Window The Stock Investment Guide 3 introduced a new feature that helps to organize your stock analyses. The Stock Library screen allows users to organize their stocks much like digital music can be organized. You can directly import data files using the ticker symbol field and hitting the Fetch SSG button. You can easily search for stocks by typing characters in the search field on the right side of the screen.
The library window is the central hub for collecting all of your stock analyses. The lay includes a toolbar across the top for main functions, a side menu bar for listing of your portfolios, and the stock listing in the central portion of the window. The side menu, called the Source menu, has Stock Library as the first item. This selection shows all stocks in your library. The Stock Investment Guide (manual version 0.8) 14 Windows version of the Library Window Note: The values in the images are for illustration purposes only. Do not use these values to make investment decisions. The Source Menu Bar The left-hand side of the Library window, the light blue area under the 'Source' label, initially has a single entry: 'Stock Library.'
Additional sources can be entered in this sidebar by clicking either the New Portfolio button or the New Invest button. A new untitled portfolio is then created in the sidebar. Double-click the 'untitled' name and enter your desired name for the portfolio. Double-clicking any stock in the Stock Library or Portfolio views will open that stock in a Stock Analysis window. Populating Portfolios There are two ways to add stocks to a Portfolio: (1) drag stocks from your Stock Library or (2) enter a stock ticker and press the Fetch SSG button while in a portfolio view. When entering tickers and fetching stock data, SIG will check your library to see if the stock already exists. You will then have the option of linking to the existing stock data, or to import new data.
If more than one copy of a stock exists in your Stock Library, SIG will link to the first one listed. The Stock Investment Guide (manual version 0.8) 15 If you are populating an Investment Portfolio, you may also enter the number of shares, then either a price per share or total cost for the stock. The remaining value will be calculated for you. The Investment Portfolio view allows for simple stock performance tracking. This is a great way to create watch lists for stocks you may be interested in owning. You can also keep track of your IRA, 401K, or stock club portfolio performance. Deleting a Portfolio To delete a Portfolio or Investment Portfolio from the list, simply highlight the name in the left sidebar, and then press the Delete Portfolio or Delete Invest button in the toolbar.
Deleting a portfolio does not remove the stock data files from the Stock Library. Sorting a Stocks The stocks viewed in the library any portfolio may be sorted by click on any column header. A second click to the column header will reverse the sort order. The search term has been entered in the search field, only the visible stocks will be sorted. Selecting Stocks Stocks may be selected in the Stock Library or any portfolio by activating the checkbox next to the stock ticker. All stocks viewed can be selected by pressing the checkbox button at the top of the checkbox column. A second press will deselect the stocks.
Deleting Stocks Once stocks are selected they may be deleted from the current view. If the current view is a portfolio, the stocks are removed from the portfolio, but not removed from the library. If the current view is the Stock Library, the stocks are permanently removed from the Stock Investment Guide. The stocks are also removed from the respective portfolios. Updating Prices Once stocks are selected, the current stock prices may be retrieved by pressing the Update $ button in the toolbar.
The Up/Down ratio and total return are recalculated based on the last analysis saved to the Stock Library. Opening an Analysis The easiest way to open an stock analysis is to double-click the stock listed in the Stock Library or portfolio. If stocks have been selected using the checkboxes, only the first stock listed will be opened when pressing the Analysis button. If no stock is listed, the Analysis button opens a new, blank analysis.
Stock data may be retrieved within the Stock Analysis window. Opening a Stock Comparison (previously called the Comparison Analysis Review or CAR) Once stocks are selected, a side-by-side comparison of stock analyses may be opened for up to 5 stocks at a time. If more than 5 stocks have been selected, only the first 5 stocks are opened. To open a comparison, select 1 to 5 stocks using the checkboxes.
Then press the Comparison button in the toolbar. Opening a Portfolio Analysis Review (PAR) Once stocks are selected a Portfolio Analysis Review (PAR) may be opened by pressing the PAR button in the toolbar.
An entire portfolio may be open in a PAR, since there is no real limit to the number of stocks that can be analyzed in PAR. Exporting a Database A database of selected analyses may be exported from the Stock Investment Guide. Other SIG users can import this exported database.
To export data for users of other stock analysis programs, use the Export as.ssg menu item. To export a database, select the stocks to be exported by using The Stock Investment Guide (manual version 0.8) 16 the checkboxes. Then use the Export Database menu item (under the File menu) to export the database. Only the stock data are exported using the function. Portfolio definitions are not exported.
Importing a Database Use the Import Database menu item to import a previously imported database. The imported stocks are added to the Stock Library. The Stock Library Database File The stock data is stored in the StockLibrary.rsd database file, located in your documents directory. Renaming the database file will cause a new, blank database file to be created. Renaming a previously exported database file to 'StockLibrary.rsd' will cause the software to use that database file. You should periodically backup the StockLibrary.rsd database file.
The Stock Investment Guide does not provide investment advice. The suitability of any investment can't be determined by this software, but must be determined by you. The Stock Investment Guide (manual version 0.8) 17 Stock Analysis Window Clicking the Analysis button in the Library toolbar will open a blank stock analysis window.
A blank window is also opened by using the keyboard shortcuts Command-N (Macintosh) or Control-N (Windows). With a blank analysis window, enter a ticker symbol in the symbol field and depress the fetch button to retrieve data.
The data service must be set up in preferences prior to using the fetch button. If a stock is selected in the Library prior to clicking the analysis button, the analysis window will open with the data. The Stock Investment Guide (manual version 0.8) 18 Stock Analysis Window: Company Data Tab The Company Data tab of the Analysis window displays the basic company data imported from the data service.
The Company Data tab also includes a basic Description, plus a field for recording user notes. The Company Data tab also includes recent or pending earnings announcements in red text. The Update Quote button in the tool bar retrieves the most recent stock price for the company. The Web Window button opens a new window with a web browser customized for further research. The Print button prints the Stock Summary Report (SSR) from the Company Data tab. This report is described under the Reports tab.
The Stock Investment Guide (manual version 0.8) 19 Stock Analysis Window: Graph Tab The Graph Tab displays the primary graph used in the stock analysis. This graph is a semilogarithmic graph that includes Earnings Per Share, Pretax Profit, Sales, and High/Low Price bars. The lower right corner of the windows includes controls to adjust the scale of the graph and placement of the data lines on the graph. A year may be omitted from the graph by clicking on the year s label at the lower portion of the graph. The user inputs two pieces of data in the Graph Tab: Estimated Sales Growth and Estimated EPS Growth for the next five years. A projection line is draw based on these inputs.
The projection starting point may be adjusted using the Graph Projection radio buttons in the lower right portion of the window. The Stock Investment Guide (manual version 0.8) 20 Graph Tab: Preferred EPS Procedure Calculation The Graph tab includes a blue link to adjust the Preferred EPS Calculation. This link opens a calculation window to adjust the Preferred EPS Procedure values used to calculate The Stock Investment Guide (manual version 0.8) 21 Graph Tab: Graph Projection SIG provides four methods or starting points for the Sales and EPS projection lines. Normal The Normal projection starts the projection line from the last fiscal year values. This is the default starting point for the projection line. Trend Line The Trend Line projection starts the projection line from the end of the trend line. The trend line is the least squares curve fit represented by the red trend line on the Sales and EPS data plots.
QTR Projection If the company has additional quarters of data beyond the last fiscal year, this projection method is enabled. The QTR Projection starts the projection line from the last quarterly data point.
The projection is adjusted to less than five year because the projection starts after the last fiscal year. If one quarter of data is plotted, the projection is made for 4.75 years. Last 4 QTR EPS If the company has additional quarters of data beyond the last fiscal year, this projection method is enabled. The last 4 QTR EPS projection is similar to the QTR Projection. Instead of starting the projection at the last quarterly data point, the projection begins at the last fiscal year and is projected for five years. The projection data point is calculated for the last four quarters of data. The Stock Investment Guide (manual version 0.8) 22 Stock Analysis Window: Analysis Tab The Stock Investment Guide (manual version 0.8) 23 The Stock Investment Guide (manual version 0.8) 24 The Stock Investment Guide (manual version 0.8) 25 The Stock Investment Guide (manual version 0.8) 26 The Stock Investment Guide (manual version 0.8).
REVIEW OVERVIEW TradingView - A Great Price, Insanely Good Fundamental & Technical Analysis + Stunning Social Integration & The Best Ease Of Use. TC2000 - Best For U.S.A. & Canada Investors Needing Powerful Real-time Screening & Excellent Trading From Charts MetaStock - Best for Traders, Excellent Real-time News, Systems Back-Testing & Forecasting & Global Exchange Coverage Optuma - For Professional Traders, Wanting Powerful Technical Analysis + Bloomberg Integration EquityFeed - For Day Traders, Real-Time Charts & News + Unique Level II Data & Dollar Volume. Includes Excellent Broker Integration QuantShare - For Quantitative Analysts, Powerful Automated Systems, A Huge Selection Of User-generated Systems. TrendSpider: Innovative Automatic Chart Analysis & Trend-line Detection SUMMARY.
The 2018 Online Stock Trading Software Review Welcome to the most detailed Stock Trading Software Review on the planet, we compare over 800 different features & functions and over 30 vendor products, and ultimately this filters down to 10 now 13 highly rated software offerings from industry giants to new entrants. So you can choose the very best package available to suit your investing style and budget. Not only will you find out which software best suits your trading style, but you will also be able to compare head to head all of the benefits, features, and prices.
2018 has been a great year in terms of innovation and we see some hot new entrants to the top 13 including TradingView & EquityFeed, jostling for position amongst our established giants like Worden TC2000, MetaStock & Tradestation. Also in September 2018, we added the hot new innovative charting software called TrendSpider.
And there are some surprises waiting As this is a very long and detailed review, use the links to jump to the section of interest. Vendor TradingView MetaStock Telechart TrendSpider Optuma EquityFeed QuantShare TradeStation eSignal NinjaTrader ChartSmart VectorVest ProfitSource Pricing & Software Monthly End of Day $ Free Pro $9.95 Pro+ $19.95 $22 Silver $10 Gold $30 $82 N/A $245 Lifetime License $249 or Free For Clients $37.95 $50 or Free for Clients $43 $59 Monthly Real Time $ Premium $39.95 $99 Platinum $89 $24.75 -$37.25 $207 $135 - $250 $595 Lifetime License $349 or Free for Clients $120 $110 $129 $1295 Software Only Fee $ $449 $245 $999 Customizable Data Feeds ✔ ✔ ✔ IQFeed. GFT, MT4, Bloomberg ✔ ✔ Customer Service & Education Excellent Excellent Excellent Excellent Excellent Email Only Excellent Excellent Excellent OK Email Only OK AUS Time Zone PC ✔ ✔ ✔ ✔ ✔ ✔ ✔ ✔ ✔ ✔ ✔ ✔ ✓ For MAC ✔ ✔ ✔ ✔ ✔ ✔ Tablets Smartpones ✔ ✔ ✔ ✔ ✔ ✔ Market Data Coverage Global Global U.S.A. / Canada U.S.A. Global U.S.A inc.
OTC Global Global Global Global U.S.A. Trade Management Broker Integration Stocks ✔ ✔ ✔ ✔ ✔ ✔ ✔ ✔ ✔ ✔ Place Trades from Charts ✔ ✔ ✔ ✔ ✔ ✔ ✔ ✔ ✔ ✔ Live Position P&L ✔ ✔ ✔ ✔ ✔ ✔ ✔ ✔ ✔ P&L Analysis ✔ ✔ ✔ ✔ ✔ ✔ ✔ ✔ ✔ ✔ Trade Management Score 10 10 10 10 10 10 8 8 6 5 4 0 0 Stock Market Software Review - Trade Management Comparison - Table 2 Best Stock Trading Software for Broker Integration, Live Trading From Charts & Position Management There are 4 clear winners in this section, those that offer direct integration from charts to trade execution, the 4 winners have been selected because of the unique features they offer. TC2000 – Score 10/10 Worden Brothers make a clean sweep when it comes to trade management, with full Broker Integration, as long as you choose TC2000 Brokerage as your broker. The TC2000 brokerage offers great executions and low trading costs at $4.95 per trade. TC2000 also offers fantastic Options trading and integration, you can scan and filter on hundreds of Options Strategies and then execute and follow them directly from the charts.
Good Profit & Loss tracking & Analysis round off the package. EquityFeed – Score 10/10 EquityFeed has introduced the “Chart Montage” functionality, which enables an ultrapowerful way of trading off the charts. This single window contains a wealth of critical trading information, including real-time streaming news, level 2 data, including time and sales.
Also, Equity Feed is the only software to offer the Dollar Volume data. The EquityFeed Team have a fantastic set of integrations to your broker to enable this, which includes RealTick, Sterling Trader, LightSpeed and most importantly TD Ameritrade and Interactive Brokers two of the powerhouses of the brokerage world.
So, the chances are you are already covered by your broker of choice. TradingView – Score 10/10 As soon as you log in to TradingView and use an interactive chart you can see the Buy and Sell buttons hovering over the chart.
You will need to login to your broker and set up the integrations. So what is unique here? They offer 13 integrations to Futures Brokers via CQG. They also integrate with Merril, Modalmais, and Alor for stock trading. Also included is forex integration with OANDA, and Direct FX.
The even uniquely has an integration to Poloniex for Cryptocurrency trading. An excellent and growing set of integrations. Optuma – Score 10/10 With Optuma connected to your account you will get all the functionality you need to trade directly from charts and the advanced portfolio tracking and measurement. You will need to open an Interactive Brokers account, but why not as interactive brokers are widely considered to be on of the best and lowest cost stock brokers out there. NinjaTrader – Score 10/10 NinjaTrader has a huge user community who contribute to the development and improving the software. This leads to a solution that can integrate with TD Ameritrade, and other FX brokers.
If you choose NinjaTrader as your broker, you will get the basic edition for free and the advantages of trading from charts and automated trade execution. Fundamental Scanning & Screening Real Time Scanning & Filtering ✔ ✔ ✔ ✔ ✔ ✔ ✔ ✔ ✔ ✔ ✔ ✔ Fundamentals Scanning ✔ ✔ ✔ ✔ ✔ ✔ ✔ ✔ ✔ ✔ Watch Lists with Fundamentals ✔ ✔ ✔ ✔ ✔ ✔ ✔ ✔ ✔ ✔ ✔ Extended Economics Fundamentals (New) ✔ ✔ ✔ Fundamental Screening Score 10 10 10 10 9 9 9 9 8 7 6 3 0 Stock Market Software Review - Fundamental Analysis Comparison - Table 3 Best Stock Screener Integration – Fundamental & Technical Screening Integration This round produced 4 winners with the best stock screener integration all tied with 10 out of 10 points. In fact, 7 of the 10 have very good stock screener fundamentals integration. TradingView – Score 10/10 TradingView has a very slick system and they have put a huge amount of thought into how fundamentals integrate into the analytics system.
Watchlists have fundamentals broken into Performance, Valuation, Dividends, Margin, Income Statement and Balance Sheet. You can set the watchlist and filters to refresh every minute if you wish. What makes TradingView stand out is the huge selection of economic indicators you can map and compare on a chart. For example, you can compare the Civilian Unemployment Rate versus the growth in company profits for the U.S.A. This is incredibly powerful. MetaStock – Score 10/10 MetaStock is owned by Thomson Reuters, who are without a doubt the biggest and best provider of real-time and market analysis.
They also have an incredible database of global fundamental data, not just on companies but economies and industries. The filtering & scanning possibilities are endless. I would like to see better integration within the MetaStock suite, bringing together the fundamentals and the technical analysis to enable better charting on fundamentals. However, the wealth of data is first class. Optuma – Score 10/10 Optuma is squarely aimed, as you can see from the price, at professional traders and wealth managers. Their clients are tier one Wall Street investment houses.
But you can still take advantage of their first class solution. If you have a Bloomberg feed already established this also offers a new world of data and fundamental analytics. This slick integration of fundamentals into the charting and analysis means this is a significant improvement over a Bloomberg terminal and warrants is as a Round 3 Winner.
TC2000 – Score 10/10 I selected TC2000 as my tool of choice back in the year 2000 because it offered back then, simply the best implementation of fundamental scanning, filtering and sorting available on the market. 17 years later, they are still a leader in this section. They offer a huge selection of fundamentals to choose from, but what makes it unique is the fact you can, with a few clicks, create your own indicators based on the fundamentals. You can then overlay the indicators directly on the charts, which opens up a whole new world and technical and fundamental analysis. 10 out of 10 for TC2000 again. News & Social News Feed ✔ ✔ ✔ ✔ ✔ ✔ ✔ ✔ ✔ ✔ Real-Time News Feed ✔ ✔ ✔ MT NewsWire $8 pm ✔ ✔ ✔ Economics & Deal News Kiplinger Futures Reuters Deal News Bloomberg Required Market Commentary ✔ ✔ ✔ Bloomberg Required ✔ Community Chat ✔ V12.5 ✔ ✔ News Score 10 10 9 8 7 6 5 5 4 2 1 0 0 Stock Market Software Review - News Services & Social Comparison - Table 4 Best Stock Trading Platform with Market News Services & Social Integration – Results In the news and social section, there are only 2 winners, both for different reasons.
Read on to learn more. TradingView – Score 10/10 TradingView is built with social at the forefront and it is simply the best social sharing and ideas network for traders. Fully integrated chat systems, chat forums and an excellent way to share your chart ideas and analysis with a single click to any group or forum. This makes for an excellent way to generate ideas or learn from other traders.
You have to try it and see it in action to understand the power of the implementation. For regular market and stock analysis ideas and commentary. They have also thoughtfully integrated a Kiplinger newsfeed, Stocktwits, and various FX newsfeeds.
With a social first development methodology, combined with powerful economy statistics and a solid newsfeed it is a great package. MetaStock – Score 10/10 Thomson Reuters, the king of the real-time newsfeed and global market data coverage, is the owner of MetaStock, so you get the entire wealth of knowledge included in the package. This should not be underestimated.
MetaStock however, does not have any social elements, which under normal circumstances, would detract from the score, however, because the news feeds are so strong it still warranted a 10 out of 10. EquityFeed – Score 9/10 In second place and definitely worth mentioning this year is the deal news section in EquityFeed. I really like the simple implementation, you can get the low down on contracts and deals struck between companies. This can give you an edge if you can quantify the impact of the deal on the companies bottom line. EquityFeed also has a strong focus on news, but it is let down by having no social integration. Systems & Backtesting System Marketplace ✔ ✔ ✔ ✔ ✔ ✔ ✔ Create Customizable Systems ✔ ✔ ✔ ✔ ✔ ✔ ✔ ✔ ✔ ✔ ✔ ✔ Back Testing Point & Click ✔ ✔ ✔ ✔ ✔ ✔ ✔ ✔ Back Testing Programmatic ✔ ✔ ✔ ✔ ✔ ✔ ✔ ✔ ✔ ✔ Forecasting (new) ✔ ✔ ✔ Robotic Trading (new) ✔ ✔ ✔ Systems & BackTesting Score 10 9 9 9 8 7 4 4 5 5 5 5 0 Stock Market Software Review - Systems & Backtesting - Table 6 Best Backtesting & Forecasting Software – Results There is a big contrast between the competition in this round, with 1 clear winner, QuantShare. The difference in ratings is largely down to whether you need Robotic Trade Automation and Execution.
However, does have robotic automation possibilities and is worthy of consideration. Also notable, although not a clear winner in NinjaTrader who also specialize in automation. QuantShare – Score 10/10 QuantShare specializes, as the name suggests, in allowing Quantitative Analysts the ability to share stock systems. This means they have a huge systems marketplace with a lot of accessible content that you can test and use. If you have a programmatic mind you can implement and test an endless list of possibilities.
They do also offer point & click implementation of systems also. What is great is they also have Artificial Intelligence integrations via the AI Optimizer, which allows for the system to combine different variations of rules within your set boundaries to see which rules work best together.
They also have powerful prediction models using Neural Networks. This is seriously advanced software for those with the inclination to test, forecast, predict and automate. MetaStock – Score 9/10 Another area where MetaStock excels is what they call the expert advisors. MetaStock harnesses a huge number of inbuilt systems that will help you as a beginner or intermediate trader understand and profit from technical analysis patterns and well-researched systems. You can even use artificial intelligence like functionality to test a set of variables within your backtesting. You could for example test if price moves above the moving average 10,11,12,14,16,18 or 20, in a single test to see which of the moving averages best work with that stock. We have a great video on this in the This is really a key area of advantage.
Also, the newest and most innovative addition to the MetaStock arsenal is the forecasting functionality which sets it apart from the crowd. Being able to forecast forward is unique and you can also set and test the parameters of the forecasting.
Optuma – Score 9/10 Optuma is also featured in this section as a leader in the stock systems and backtesting arena. Optuma has a well-implemented backtesting and system analysis toolset. Best in class up there with MetaStock, QuantShare, and NijaTrader as the industry leaders, but unlike the others, you do not need a Ph.D. In mathematics to set up and test your system.
The quality of the backtesting and advanced statistical analysis is due to the fact the CEO Mathew Verdouw and many of the development team are certified Chartered Market Technicians (CMT) and Certified Financial Technicians (CFTe) like myself. So the quality of the testing tools is first class. Setup & Usability Software Setup 10 10 10 9 10 8 7 5 5 5 5 5 5 Ease of Use Score 10 10 8 9 7 8 8 7 6 6 5 5 5 Total Points 20 20 18 18 17 16 15 12 11 11 10 10 10 Stock Market Software Review - Usability - Table 7 Round 7: The Best Online Stock Trading Software for Beginners – Results Beginners need software that is intuitive and easy to use. There are big differences in the user experience between the different analysis software packages. While we have two clear winners in this section, I need to mention that TradeStation, EquityFeed, and Optuma are all excellent in this area. Optuma only scores lower because you will need a very powerful machine to run it well, so you need to invest in extra hardware. TC2000 – Score 20/20 TC2000 is easy to use and yet very powerful.
The interface design strikes the right balance between looking great and being instantly useful. A heavy focus on watchlist management, flagging stocks, making notes and powerful scanning make is easy to use and master. Software setup is completed in a few minutes, but it also runs perfectly across devices. Full marks for TC2000. TradingView – 20/20 TradingView is up and running with a single click due to its cloud-based HTML5 architecture. Click on the TradingView logo on the left and it will be instantly running. It does not get easier than that.
Even better is the fact it is already configured for use. All controls are intuitive and the charts look amazing. It is quite a feat that it is so easy to use considering TradingView has so many data feeds and backend power. TrendSpider – Score 10/10 Trendspider is also an HTML5 application, which means it works on any connected device, requires zero installation, zero data stream or data download configuration. This appeals to me a lot because with a single click you are up and running. Also, considering the complexity of the automatic calculations, the application runs swiftly taking just a few seconds to complete an entire analysis.
EquityFeed – 18/20 Finally, the last winner in this section is EquityFeed. After installation, this software is so intuitive to use you will waste no time getting stuck into research and wielding the excellent news service they offer. This has been a big improvement over the last few years. Final Bell: And the Stock Analysis Charting Winners Are As stated previously, no two products are identical, there are many strengths that are designed for each product to suit specific needs. As such, most of the packages can be recommended to a specific audience based on their strengths. In the following summary reviews, we look at the benefits of each package.
The Best Stock Analysis Software – Overall. – a great price, insanely good Fundamental & Technical Analysis with stunning social integration and the best ease of use. – best for U.S.A. & Canada Investors who need incredibly powerful real-time screening and excellent trading from charts.
– for day traders, excellent real-time news, a huge stock systems market and powerful technical analysis with global data coverage & backtesting & forecasting ability. – for professional traders, improves on Bloomberg and has the best Gann Analysis and Technical Analysis on the market. – for day traders, real-time streaming charts & news and unique Level II data, Dollar Volume & excellent broker integration. – for quantitative analysts, powerful automated systems, a huge selection of user-generated systems. This list is the software with the most powerful technical chart analysis, indicators, charts and studies. The Best Stock Trading Software – Broker Integration.
– trade live off the charts with – Low Commissions. – live trading integration with TD Ameritrade &. – powerful technical analysis & integration. – integration with CQG, Oanda, and Poloniex.
With these Stock Trading Programs, you can trade directly from the charts with broker integration The Best Stock Trading Software for Beginners. – so easy to use and with an intuitive design, TradingView is absolutely ideal for beginners & has a strong social community. – best for beginner traders in the U.S.A. & Canada with excellent trading from charts and easy to use design. – for beginner day traders who want a powerful system, excellent real-time news, powerful technical analysis with global data coverage The Best Stock Software for Day Traders.
– a great price, insanely good Fundamental & Technical Analysis with stunning social integration and the best ease of use. Its the best day trading software if you use an integrated broker.
– best day trading software for U.S.A. & Canada investors who need powerful real-time screening and excellent trading from charts. – for day traders, excellent real-time news, a huge stock systems market and powerful technical analysis with global data coverage. Recommended for short-term & long-term investors who value a great price, insanely good fundamental & technical analysis with stunning social integration and the best ease of use.
There is no doubt about it, TradingView has stormed into the Review Winners section in its first try. I love TradingView and use it every single day. I post charts, ideas, and analysis regularly and chat with other traders. Pricing & Software – 10/10 – You can have, it is a review winner for our.
However, there are limitations. I would recommend going for the PRO+ at $19 per month or the Premium at $39 per month, the benefits are extensive including priority customer support and unlimited everything. Also, a huge benefit is that the data speed and coverage are mind-blowing, covering literally every stock market on the planet and not just stocks but ETF’s, mutual funds, futures, forex, bonds & cryptocurrencies AT NO EXTRA COST. Trade Management Score – 8/10 – with TradingView you get full broker integration, you can place trades on charts and it will take care of profit & loss reporting and analysis for you. The only thing it does not cover is Stock Options trading. Fundamental Scanning & Screening – 10/10 – Another as they hit the mark on real-time scanning and filtering, and fundamental watchlists also. The list of fundamentals you can scan & filter on is truly huge.
Any idea you have based on fundamentals will be covered. They even have insane amounts of economic data like Federal Funds Rates and World Economic Growth, thanks to a connection to the QUANDL database. Moving Averages Ribbon – Beautifully Implemented In TradingView News & Social Community Score – 9/10 – as soon as you connect to TradingView you realize this is also developed for the community. You can look at community ideas, post your charts and ideas and join limitless numbers of groups covering everything from Bonds to Cryptocurrencies. The news feeds are fully integrated, including Kiplinger, DailyFX, Futures Magazine, FXStreet, and StockTwits. Add that to the social network and you have a great solution. The news service is only second to MetaStock with their Reuters Feeds.
Schurr Software Stock Analysis Software For Mac Free
Technical Analysis Score – 10/10 – with over 160 different indicators, and unique specialty charts such as LineBreak, Kagi, Heikin Ashi, Point & Figure and Renko, you have everything you will need as an advanced trader. With the Premium membership, you also get Level II insight, fully integrated. TradingView – Insanely Beautiful Charts, with a massive selection of indicators. This Chart Feature Moon phase and Darvas Boxes Did I mention the charts are fast and beautiful?
Systems, BackTesting & Automated Trading Score – 7/10 – Good but not perfect. TradingView has an active community of people developing and selling stock analysis systems and you can create and sell your own with the. Also, there are a huge number of indicators and systems from the community for free.
The only things you cannot do is forecast and implement Robotic Trading Automation. For that, you would be better off with NinjaTrader, or TradeStation. Usability Points – 20/20 – within 5 minutes I was using TradingView, no credit card, no installation, no configuring data feeds, it was literally just there.
Watch this video overview of the benefits of TradingView. Recommended for long-term investors in the U.S.A. & Canada with a fundamental bias who need powerful screening and excellent charts on all platforms.
Telechart has long been one of my favorite tools, I have been a subscriber for over 17 years and find the latest release v18.x to be another step forward. Endlessly customizable and scalable the platform offers nearly everything an investor will need. Pricing and Software 10/10 – Telechart is a big hitter when it comes to software and pricing. Telechart runs on everything – your iPhone your Tablet, your Mac, and your PC.
It is also priced very reasonably with a simple pricing structure. If you trade U.S. Stocks, ETF’s or Mutual Funds, then this is a great solution. Worden Brothers also provide regular live training seminars across the U.S.A. Which are of a very high quality.
Trade Management 9/10 – Worden recently released offering discount brokerage services $4.95 per trade. This integration means a tight integration for trading stocks from the chart screen but also one of the best implementations of Stock Options trading visualization available. Fundamental Scanning and Screening 10/10 – Make no mistake about it, if you want fundamentals screened in real-time layered with technical screens all integrated into live watch lists connected to your charts TC2000 is a power player. EasyScan Dashboards News 8/10 – While Telechart does not have a perceivable real-time news element, it does have integrated news with connections to Google Finance, CNN, Yahoo Finance, MSN Money, Marketwatch, and StockTwits. If you want social community and integrated news, you will need to roll back to TC2000 v12.5.
Technical Analysis 9/10 – Telechart has an excellent array of technical indicators and drawing tools, all the big ones are there, from OBV, and Bollinger Bands to Fibonacci Fans and Andrews Pitchfork. With over 70 different indicators you will have plenty to play with. They have also introduced live alerts which you can configure to email or pop up if an indicator or trend line is breached, very useful indeed.
Stock Systems and Back Testing 4/10 – if you want to perform powerful backtesting, then TC2000 is not for you. You may be able to utilize the add-on product called StockFinder if you are a Platinum Member and you specifically call to ask for it.
However, StockFinder is no longer in active development, which is a shame because I think it is one of the very backtesting suites in the market. Ease Of Use 20/20 – One of the easiest to use and most powerful packages available places the icing on the cake for the Worden Brothers. Watch this Video to See A Live Demo of these 7 Killer Features. Recommended for day traders and those who need excellent real-time news, access to a huge stock systems market and powerful technical analysis with global data coverage all backed up with excellent customer services.
The latest release of Metastock XV has been a big hit with improvements across the board. With huge improvements in Scanning, Back Testing and Forecasting making this one of the best offerings on the market. Pricing and Software 10/10 – MetaStock is one of the biggest fish in the sea of stock market analysis software. Backed up by the mighty Thomson Reuters you can expect excellent fast global data coverage and broad market coverage including equities, futures, forex, ETF’s and options. Trade Management 4/10 – MetaStock does provide broker integration but the execution of trades from charts and live integrated P&L analysis is limited. Fundamental Scanning and Screening 10/10 – Using Xenith you can see a really in-depth analysis of company fundamentals from debt structure to top 10 investors, including level II. Excellent watch lists featuring fundamentals and powerful scanning of the markets gets a perfect 10 News 10/10 – MetaStock 12 has full Eikon integration with institutional level news, analysis, and outlook.
This is the fastest global news service available on the market including translations into all major languages. Technical Analysis 10/10 – Forex forecasting based on sentiment is a feature that is absolutely exceptional. Never mind the broadest selection of technical analysis indicators on the market today. MetaStock is the king of technical analysis warranting a perfect 10.
Stock Systems and Back Testing 9/10 – Another area where MetaStock excels is what they call the expert advisors. MetaStock harnesses a huge amount of inbuilt systems that will help you as a beginner or intermediate trader understand and profit from technical analysis patterns and well-researched systems. This is really a key area of advantage. The biggest addition to the MetaStock arsenal is the forecasting functionality which sets is apart from the crowd.
Ease of Use 12/20– MetaStock still has the feel of a collection of separately developed applications that require user’s education to make them work together. However, with the huge selection of automated “expert advisors” you can deploy on the selection of stocks in your purview make MetaStock well worth the investment. Check Out this Video Overview Of MetaStock. Recommended for professional frequent trading investors, who value a slick touch-enabled interface which operates well with Bloomberg feeds and terminals adding premium features and the best Gann Analysis toolset on the market.
Has been in the market for almost 20 years and they cater to individual investors as well as to fund managers Pricing and Software 10/10 – Optuma is at the top end when it comes to price and you will need a powerful PC to run it, but with IQFeed, GFT and MT4 data integration’s, great customer services and the full range of instruments covered (Stocks, EFTs, Mutual Funds, Options, Futures, FOREX, Bonds) for the premium price you get the premium package. Breakthrough Astrological Charts with Optuma Trade Management 8/10 – While you have the ability to place trades from charts, Optuma does have a full suite of broker integrations. Fundamental Scanning and Screening 10/10 – A perfect 10 for fundamental screening for Optuma. A well thought out real-time scanning and filtering engine and the fundamental watchlists are well implemented News & Social – 8/10 –If you can afford or have a Bloomberg feed then you will get the top end real-time market data you need. Technical Analysis 10/10 – Another perfect 10 for Optuma. A fantastic array of technical indicators and drawing tools.
Specializing in Gann tools with a full suite including Gann Grid Lines, Gann Fans, and Gann Swing. Also included are Elliott Wave and Darvas Box, the full set of exotic indicators are present. To top it off they have also implemented an excellent astrological analysis suite as an upgrade for those of you who believe in that sort of thing, yes commodity traders I am talking about you:).
Ground Breaking Astrological Charts with Optuma Stock Systems and Back Testing 8/10 – has back-testing well covered also, with a well-implemented backtesting and system analysis toolset. Best in class up there with MetaStock, QuantShare, and NijaTrader as the industry leaders, but unlike the others, you do not need a Ph.D. In mathematics to set up and test your system. Ease Of Use 10/20 – Optuma requires a high-end PC workstation to function at speed, but if you are a PRO trader this is not a problem.
The interface, the shortcuts, the whole thought process implemented into Optuma does warrant this good score in an important section. They also have an extensive video training library which is very valuable to the new customer. Recommended for Day Traders, who want a super simple and slick workflow, real-time streaming charts & news and unique Level II data, Dollar Volume Information & excellent broker integration With their slogan “Find It, Trade It, Profit” EquityFeed is considered a gold standard for Day Traders.
Pricing & Software – 9/10 – EquityFeed specializes in providing real-time data and fast news directly to your screen. With a medium price point, it is neither cheap nor expensive, but you do get a lot for your money as you can explore in the. Data speeds are excellent and it has excellent U.S. Data coverage including extensive Over The Counter markets (OTC:BB, OTCQX, OTCQB, OTCPINK, GREY) Trade Management – 10/10 – EquityFeed has introduced the “Chart Montage” functionality, which enables an ultrapowerful way of trading off the charts. This single window contains a wealth of critical trading information, including real-time streaming news, level 2 data, including time and sales. Also, Equity Feed is the only software to offer Dollar Volume data.
The EquityFeed Team have a fantastic set of integrations to your broker to enable this, which includes and two of the powerhouses of the brokerage world. Fundamental Scanning & Screening – 9/10 – EquityFeed contains many fundamental screens. But what is the key for days traders? The ability to scan entire markets for liquidity and volume patterns to find volatility you can trade for a profit. This is the EquityFeed unique offering. News – 9/10 – A top placing and definitely worth mentioning this year is the deal news section in EquityFeed. I really like the simple implementation, you can get the low down on contracts and deals struck between companies.
This can give you an edge if you can quantify the impact of the deal on the companies bottom line. EquityFeed also has a strong focus on news, but it is let down by having no social integration. Technical Analysis 8/10 – In third place in this round, EquityFeed does not offer as many chart patterns or chart indicators as it’s competitors, but it does not have to. Most people will only use 5% of the indicators available, and fortunately, EquityFeed covers all the important ones. The power here is in the technical analysis screening, which is very fast, seamless and powerful.
Stock Systems & Back Testing – 4/10 – EquityFeed is not designed for extensive backtesting, but it is designed to help you streamline your day trading system. Plenty of off the shelf technical and liquidity scans greet you on opening the program. The great thing is they all operate in real-time so they continue to update. Ease of Use 18/20 – In the development process EquityFeed have opted to keep everything on the surface super simple and intuitive to use. However, don’t be fooled by the simple interface, there is real power underneath the main screen, which in a few clicks you will be viewing Level II liquidity data and buying directly from the charts.
I have been extremely impressed with the progress EquityFeed is making in their product and carving out their Day Trader niche. Recommended for Quantitative Analysts who develop powerful automated systems and value a huge selection of shared user-generated systems and powerful technical analysis tools. QuantShare was new to me and I was pleasantly surprised with the feature set. Pricing and Software 9/10 – An extremely cost-effective solution with one off pricing available. Trade Management 8/10 – QuantShare scores well in this round, enabling a selection of broker integrations to automate trade management.
Fundamental Scanning and Screening 9/10 – There is certainly a huge selection of fundamentals to be able to scan against, the usability could be improved. Watch-lists can be tricky to set up. Further development is required here. News & Social 7/10 – Including news and the StockTwits integration save the day here for QuantShare, the news is not real-time but certainly does add value. There is a heavy focus on the sharing aspect of systems with sharing servers which enable people to connect and share systems, perfect for the quantitative analyst.
Technical Analysis 9/10 – With the largest selection of technical indicators to choose from (520+) this package leads the way in the chart analysis stakes. Stock Systems and Back Testing 10/10 – QuantShare specializes, as the name suggests, in allowing quantitative analysts the ability to share stock systems. This means they have a huge systems marketplace with a lot of accessible content that you can test and use. If you have a programmatic mind you can implement and test an endless list of possibilities.
They do also offer Point & Click implementation of systems also. What is great is they also have Artificial Intelligence integrations via the AI Optimizer, which allows for the system to combine different rules to see which rules work best together. They also have powerful prediction models using Neural Networks. This is seriously advanced software for those with the inclination to test, forecast, predict and automate. Ease Of Use 12/20 – This software package is not the easiest to use and the interface requires serious development effort.
The learning curve will take a time investment on your part. The new kid on the block, is doing something very different and innovative to separate itself from the crowded stock chart analysis software market. It solves the problem of too much time spent doing analysis, drawing trendlines, tweaking indicators and analyzing timeframes. Automatic Trend Lines, Automatic Support & Resistance Lines, and Multi Time-Frame Analysis are new to the industry and will change it moving forward. Automated Trendline Detection The automated trendline detection saves a lot of time for traders, speeds up trade preparation in the morning, and improves accuracy. The TrendSpider algorithm uses mathematics to correlate all the bars on a chart and then draw the lines.
It highlights the touches at peaks and troughs in a price trend. As a technical analyst, this is how you are supposed to do it, the more times a price touches the trend line and reverses the stronger the trend. Therefore, if a price breaks through a strong area of support and resistance it is more predictive.
If you do not like a trend that the AI has used you can manually delete it or fine tune them. With this capability, you can have a complete trendline analysis on any chart in a few seconds. Multi-Timeframe Analysis Here is where is get even more interesting, the Multi-Timeframe Analysis can be used to super-impose trendlines or indicators from different timeframes onto a single chart. It may seem a little complex at first, but when you get used to it, it makes a lot of sense. Instead of constantly switching timeframes and redrawing trendlines it is simplý there. It is not just for trendlines though you can use it with the array of 42 to ensure you do not miss anything. Dan Ushman the company founder uses it in his trading especially with indicators like Bollinger Bands and with which help expose things other traders miss when they are focused on one timeframe or one indicator at a time.
One thing I also really like is the price indicator analysis, you can let the application plot, name and highlight your Japanese Candlestick patterns of choice. Want to find Evening Doji Stars, Hammers or Engulfing Patterns? Just turn on the pattern recognition it is that easy. Software & Pricing Trendspider is an HTML5 application, which means it works on any connected device, requires zero installation, zero data stream or data download configuration. This appeals to me a lot because with a single click you are up and running.
Also, considering the complexity of the automatic calculations the application runs swiftly taking just a few seconds to complete an entire analysis. Pricing starts at Free to try, but the real power comes in with which starts at $24.75 per month. This includes Real-Time Data, NASDAQ, NYSE & Amex Stocks, ETF’s and surprisingly Cryptocurrencies. In this package, you also get unlimited lookups, trend detection, and 10 Dynamic Price Alerts + a free 30 minute personal one on one training session.
The is $37.25 per month, has everything the PRO plan has and in addition includes after-hours and pre-market data, OTC, Forex and Futures data. On top of that, you get 20 Dynamic Alerts. Considering you get real-time data the pricing is very competitive, in fact considerably lower than other charting software vendors. So now it’s over to you, did you find this review useful, do you agree or disagree, have you found better software to be included in the review? Let us know, leave a comment below or share with friends. Notes on the Review: Liberated Stock Trader has affiliate referral agreements with many of the Brokers in the review. This means if you sign up with your broker of choice we may receive a referral payment.
These payments help fund this site. This may seem to represent a conflict of interest, however, this review is impartial and only recommends the best solution in any given round based on the data. Hi Andy, with the top packages you can screen on Fundamentals, e.g. Low PE, High EPS last quarter, increased revenue. You can also screen on technical analysis, price above 20 day moving average or stocks at 52 week low. It really depends on how you want to trade, on fundamentals or technicals or both. I prefer both.
Stocks moving higher from a lower base, with good fundamentals. Both technical and fundamental work, and Metastock, TC2000 perform the job really well. If you are in the US and want to trade Fundamtals and technical via screening then TC2000 is really easy to use and very powerful. Metastock has powerful Advisor wizards for things like Elliot waves etc. I use to use Stockstotrade, and one day I go to log on and it said my account was suspended, I called and wrote customer services and they said it was do to Market Compliance inconsistencies.
Because they didn’t have any of my job info. I wrote back and explained I wasn’t working at the time. And for nothing they never wrote me back, no response no nothing. This mad me really upset, I was sitting there with the market about to open with this platform that suspended, my account for what I believe is bull sh1t. Also Stockstotrade wasn’t a very good platform anyway always shutting down on me at the worse times, it literally shutdowns on you every time you try to open a window or try to click on a ticker. For $200 dollars a month it was def not worth and I wouldn’t recommend to anybody, and everytime id bad mouth it on profitly Tim Sykes would threaten to kick me off the chat for life! Hey Tim its not my fault you platform is a piece of sh1t!
Why don’t you make it better instead if threatening people! I am just getting started and first contacted Apiaryfund which is exclusive for education about forex trading by Shawn Lucas where I loaded an analysis tech software called Alveo which I can use free for 30 days until a $97/mo fee is deducted.
I don’t see that one in this analysis so trying to decide is a little overwhelming. Another analysis tool is a live trading signals provided by Trading Advantage for $3000 which includes, after dragging my feet, Options, Stocks, and day trading and for more you can branch out for more kinds of investments. The tools reviewed here seem much cheaper but it is hard to compare. Anybody have suggestions? Hi Miguel, $97 per month is expensive for Trading Software. I guess these companies are throwing in training also.
But seems expensive. If you want to trade forex, then a CFD broker would work out a lot cheaper. Usually the trading software MT4 & 5 is free.
The Best FOREX Brokers review is here. Many of them have education, free software and analysts providing ideas and signals. MetaStock on this list also have expert advisors and idea strategies (predeveloped systems). TradingView also have traders you can follow $3000 also seems very expensive, I assume with that you get a live trading room also. I have never used a live trading room I prefer to go it alone, and also I do not day trade, I buy great stocks as a portion of my portfolio and let em run until they make a lot of profit (e.g. NFLX I am up 77% since Dec 5 2017) or disappoint.
It is easier money and less effort than day trading. I like to have a life. I would suggest the PRO Training first – so you have a great understanding of investing and technical analysis – then if you want a trading room later using your own software – much cheaper go for that. Its up to you.
Thanks, Barry, for the intro to TradingView and QuantShare, which had not heretofore popped up on my radar. Taking a closer look at them. I am surprised that Amibroker is not included in your review, however. Though not free, it’s reasonably priced (i.e., it’s a one-time charge to buy, good for 2 years of upgrades, and then a reasonable annual fee for upgrades thereafter), and it has been well-known as one of the most robust platforms, on the technical side, for the building and backtesting of trading strategies and screeners for a long time. Granted, there is a learning curve getting up to speed on it’s well-designed programming language (AFL) if you are to make full use of it, but the same can be said for TradeStation’s Easy Language.
Again, thanks for the reviews of some very promising software. Just a couple of questionsdoes Tradingview or TC2000 allow the use of a 4 monitor setup? How does eSignal compare to Tradingview and TC2000?
Why does Tradingview make purchasing the program (Platinum in my case) so difficult: there was apparently an error in my application so “Payflow” informed me an error had occurred but never sent me back for correction. All efforts to contact Tradingview failed because I am recognized as a “FREE” user and there is just too many of us to take inquiries. Now my personal information and card information is out there and no way to trace. Tradingview may be great technically but customer support is way down their list of important things to do. Any suggestions? Hi Stephen, Trading View does allow the use of multiple monitors, you can either open separate browsers for each window and configure them accordingly or stretch the browser across all 4 monitors and configure. I think the former is better but it takes a little more fiddling around when you start your trading day.
You can have 8 charts per browser window with the premium plan and have multiple windows. Regarding your payment, sorry to hear that, to log a support request, open your profile and there is a “contact support” button. If you still have trouble, send me an email with your tradingview user ID – via “Contact Us” and I will drop my contacts a message. Alternatively, metastock is also an excellent option and better configurable for multimonitor setups.