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Best Forex Trading Computer Software For Mac
With Admiral Markets you do not have to go through all the struggle of installing Windows on your Apple laptop or desktop, neither do you need to setup MetaTrader 4 through Wine. Admiral Markets lets you trade on a MT4 on Mac in a native way. Let’s find out more about this platform below!
XTick for OS X is a professional forex charting and trading software. One of the best technical analysis and trading software designed as for professionals and novice forex traders too. XTick is a native Mac OS X application. You can use it for charting only (it doesn't mean which broker you have, charts are broker's independent) or for trading. Download FOREX.com's advanced desktop trading platform and take your trading. Access on all browsers and operating systems including Mac, no download. Best Forex Software for Mac. ThinkMarkets scored best in our review of the top brokers for mac, which takes into account 120+ factors across eight categories. To help, here is a list of the top 10 forex brokers with platforms suitable for Mac machines.
Features of MT4 Mac In general, MetaTrader 4 for Mac is not so much different from MetaTrader 4 for Windows, as Admiral Markets has tried to supply you with an experience that is as close to your favourite trading platform as possible. You will benefit from most of the features available in a regular MT4 program, amongst which are:. Live Quotes. 1-Click-Trading. Multiple Time Frames.
Unlimited Charts. Customizable Indicators.
and much more What is important to note is that it is quite hard to emulate Expert Advisors, hence it is best to avoid the usage of custom indicators and trading robots on your MetaTrader 4 Mac application. How to install MT4 on Mac? Installing your MetaTrader 4 for OSX is rather easy. In general, the process looks completely the same as with installing any other software that is not listed in the Apple App Store.
You will need to start by downloading the application. As it is an emulated app, it is quite heavy, depending on the version it would have a size of around 200 MB. Once you have downloaded Admiral Markets MT4 for Mac, you would need to open the downloaded file and drag and drop it into the application’s directory. That seems to be it, by now you have completed all of the required steps in order to install MT4 for your Mac OSX.
It is important to note that this application is not coming from the Apple App Store, so you would need to have unsigned applications enabled on your Mac. To do this, click on the Apple icon in the left upper corner of your screen, select System Preferences and then go to Security and Privacy.
You would need to edit the General tab of Security and Privacy and you can only do it once you have entered the password, after clicking on the padlock in the lower left corner of the window. After this has been completed, select Anywhere under the text “Allow applications downloaded from:”. Automated Trading on MT4 at Mac As we mentioned earlier, EAs or Expert Advisors do not always function as intended on Mac, hence it is advisable to double check the reliability each EA.
You can learn more on how to install EA’s on MAC version of MetaTrader 4 below. It is also important to mention that Admiral Markets supplies its MT4 Supreme Edition via the use of Expert Advisors and this is why this plugin is not available for the native Mac OS version of MT4.
Installation of EAs, indicators and scripts To install additional tools like Expert Advisors (EAs), indicators or scripts, open the application folder and right click on AdmiralMarkets MT4. In the menu that opens, choose Show Package Contents. Now you see the entire content of the installation file. Double click on “drivec” to get to the MetaTrader structure on your MAC. Now, when you see the usual MetaTrader file structure you can place your EAs, indicators and scripts. Please note, if you experience problems with visualization of certain EA in you MT4 Terminal, download fonts linked below.
Best Forex Trading Computer Software For Mac Free
Double click on the downloaded file and press 'Instal Font' Please note that Installing MetaTrader 4 on Mac OS via Wine and WineBottler would not also guarantee a stable performance of the Expert Advisors. This is why you should consider investing into parallels desktop application if you plan to trade on Mac in the auto-mode. Get MT4 on your Mac Stop trying to install MT4 with the use of Wine and WineBottler. There is also no need to invest into pricy parallels desktop application as well - get MetaTrader for Mac with Admiral Markets now! Risk warning: Trading Forex (foreign exchange) or CFDs (contracts for difference) on margin carries a high level of risk and may not be suitable for all investors. There is a possibility that you may sustain a loss equal to or greater than your entire investment.
Therefore, you should not invest or risk money that you cannot afford to lose. Before using Admiral Markets UK Ltd, Admiral Markets AS or Admiral Markets Cyprus Ltd services, please acknowledge all of the risks associated with trading.
The content of this website must not be construed as personal advice. We recommend that you seek advice from an independent financial advisor. All references on this site to ‘Admiral Markets’ refer jointly to Admiral Markets UK Ltd, Admiral Markets AS and Admiral Markets Cyprus Ltd. Admiral Markets’ investment firms are fully owned. Admiral Markets UK Ltd is registered in England and Wales under Companies House – registration number 08171762. Admiral Markets UK Ltd is authorised and regulated by the Financial Conduct Authority (FCA) – registration number 595450.
The registered office for Admiral Markets UK Ltd is: 16 St. Clare Street, London, EC3N 1LQ, United Kingdom. Admiral Markets AS is registered in Estonia – commercial registry number 10932555. Admiral Markets AS is authorised and regulated by the Estonian Financial Supervision Authority (EFSA) – activity license number 4.1-1/46. The registered office for Admiral Markets AS is: Maakri 19/1, 11th floor, 10145 Tallinn, Estonia. Admiral Markets Cyprus Ltd is registered in Cyprus – with company registration number 310328 at the Department of the Registrar of Companies and Official Receiver. Admiral Markets Cyprus Ltd authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC), license number 201/13.
The registered office for Admiral Markets Cyprus Ltd is: 5 Limassol Avenue, 2112 Nicosia, Cyprus. Admiral Markets Pty Ltd Registered Office: Level 10,17 Castlereagh Street Sydney NSW 2000.
Admiral Markets Pty Ltd (ABN 63 151 613 839) holds an Australian Financial Services Licence (AFSL) to carry on financial services business in Australia, limited to the financial services covered by its AFSL no.
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 TrendSpider.
And there are some surprises waiting A 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, Forex.com and Direct FX. The even uniquely has an integration to Poloniex form Crypto Trading.
An excellent and growing set of integrations. Optuma – Score 10/10 With Optuma connected to your Interactive Brokers account you will get all the functionality you need to Trade off 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, Interactive Brokers, and other FX brokers.
Nov 23, 2018 Who is online. Users browsing this forum: No registered users and 3 guests. Oct 15, 2006 By the way from the size of this forum it doesn't appear you have very many users. I'm surprised. QuicKeys is one of the most useful programs I have-- it has saved me hours of time-- probably about an hour a day and I feel crippled when it doesn't work. Startly view topic. May 16, 2016 Startly - QuicKeys 4 for Mac OS X System Requirements You are welcome to post here, but you may get a better answer on Quickeys forums Startly • View topic - QuicKeys 4 and OS X Mavericks/Yosemite/El Capitan. Mar 03, 2007 Yes, I experienced this problem and reported it, but gb2 wasn't able to reproduce it. Avoid advanced features, new software, and be sure to make sure that any goto statements you have are properly closed out (ended).
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 news 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 1 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 1. 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 drawings 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 warranted still 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. Sony pcv-v200g driver for mac. 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, TradeStation 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. Top 10 best game center games for mac. 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. MetaStock – Score 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. 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 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 & 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 2 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 running with a single click. 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 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 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. – 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 spent 2 days playing with this software, and it is seriously making me think about leaving my beloved wife TC2000. It is a close run competition and I am genuinely shocked at how good it is. 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 $20 per month or the Premium at $40 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. 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. 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, QuantShare 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 v17.x to be a huge step forward. Endlessly customizable and scalable the platform offers nearly everything an investor may 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 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 also provides regular live training seminars which are of a very high quality. Trade Management 9/10 – Worden recently released TC2000Brokerage offering discount brokerage services $4.95 per trade.
This integration means a tight integration for trading stocks from the screen but also one of the best implementations of Stock Options trading 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 Telechart 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, RSI 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 indicators or trend line is breached.
Very useful indeed. Stock Systems and Back Testing 4/10 – if you want to perform powerful backtesting or trading automation, 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 best 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 Eikon 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 8/10 – 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, 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 news fast directly to your screen.
With a medium price point, it is neither cheap or expensive, but you do get a lot for your money as we will explore later in this category. 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 the Dollar Volume data. The EquityFeed Team have a fantastic set of integrations to your broker to enable this, which includes TD Ameritrade and Interactive Brokers 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 power underlying the streamlined interface, 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 integration into new social media outlets like StockTwits. Trade Management 8/10 – QuantShare scores well in this round, enabling a selection of Broker integration 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 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 quant. 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.