Tested & Trusted Trading Tools

โ˜… Tested & Trusted: Top Trading Tools โ˜…

Top 10 Best Stock Trading Technical Analysis Software 2024

Hands-on Testing By a Certified Market Analyst.

โ˜† Research You Can Trust โ˜† IFTA Certified Technical Analyst ✔ย 

My experience shows that traders need software with excellent chart technical analysis, real-time news, market scanning, and pattern recognition.

Investors need financial screening, in-depth stock research, and portfolio management. The right stock software for you depends on your needs.

My in-depth testing shows the best stock software for trading and technical analysis are TradingView, TrendSpider, Trade Ideas, and Stock Rover. Each provides unique benefits, features, and price points.

I’ve rigorously tested hundreds of stock trading products, allowing me to craft the web’s most comprehensive research of stock trading software. Get ready to dive in!

Best Stock Analysis Software Summary

Liberated Stock Trader Review & Test Award: Best of 2024.

My testing identified the best stock analysis software, TradingView, for global trading and community; Trade Ideas, for AI-powered bot trading; and TrendSpider, for pattern recognition and backtesting. Stock Rover is ideal for investors, and Benzinga Pro is perfect for real-time news traders.

I personally pay for and use three stock analysis services: TrendSpider for my in-depth trading research, scanning, and backtesting. I use Stock Rover for research and management of my long-term stock portfolio and TradingView for fast stock analysis and trading community.


1. TradingView: Best Overall โ˜…โ˜…โ˜…โ˜…โ˜… 4.8

TradingViewMy testing reveals that TradingView is the best stock software overall. It offers excellent backtesting, technical analysis charts, stock screening, a highly-rated stock app, and a free global plan. TradingView benefits from an active trading community of 20 million people sharing ideas and strategies.

Easy to use yet powerful, TradingView is the best community stock analysis software on the planet.

✅ Traders & Investors
✅ USA & International
✅ Best Stock Charts & Backtesting
✅ Integrated Broker Trading
✅ 20M Active User Community

⏬ Jump to Test & Review


2. TrendSpider: Best Automated Trading โ˜…โ˜…โ˜…โ˜…โ˜… 4.7

TrendSpider Automated Chart Analysis

TrendSpider enables automated multi-timeframe pattern recognition for trendlines, candlesticks, and Fibonacci levels. It is best for US traders seeking cutting-edge AI algorithms that automate technical chart analysis and backtesting. TrendSpider covers Stocks, ETFs, Fx, and Cryptocurrency Markets.

The most powerful technical analysis platform for day traders to create and test unique trading strategies and launch trading bots.

✅ Stocks, Futures & Crypto
✅ USA
✅ Auto-trendlines
✅ Candlestick & Fibonacci Patterns
✅ Backtesting & Auto-trading

⏬ Jump to Test & Review


3. Trade Ideas: Best for Day Traders โ˜…โ˜…โ˜…โ˜…โ˜… 4.6

trade-ideas-stock-trading-software


The king of day trading software unleashes the power of AI with a proven track record. Trade Ideas uses AI to backtest millions of conditions daily to generate higher probability day trading signals. Trade Ideas is the best Automated trading software; using the Brokerage Plus service, you can automatically trade your signals with Interactive Brokers.

The best for dedicated day traders and AI-powered automated trading.

✅ Day & Swing Trading
✅ USA
✅ Best AI Market Scanning
✅ AI Bot Integrated Trading
AI Trading Signals

⏬ Jump to Test & Review


4. Stock Rover: Best for Investors โ˜…โ˜…โ˜…โ˜…โ˜… 4.6

Stock Rover Screener

Stock Rover is the best software for US value, dividend, and growth investors. It provides powerful screening, an industry-leading 10-year financial database, and real-time stock research reports. Stock Rover’s free service is very good, but Stock Rover Premium+ provides unparalleled benefits for growth investing.

Simply the best software for smart long-term investors with demanding investing strategies.

✅ Growth, Income & Dividend Investors
✅ Best Stock Screening & Research
✅ Portfolio Management
✅ Stock Research Reports
✅ USA

⏬ Jump to Test & Review


5. Benzinga Pro: Best Real-time News โ˜…โ˜…โ˜…โ˜…โ˜† 4.5

Benzinga PRO - Real-time Actionable News for Traders

The fastest real-time news, charting, block trade, and insider trade scanning. If you want to trade news events in real-time, my analysis shows Benzinga Pro gives the reactive trader an edge in the market.

The fastest and most cost-effective real-time news event trading service on the market.

✅ Real-time News
✅ USA
✅ Options Alerts
✅ Audio News Squawk
✅ Block & Insider Trades

⏬ Jump to Test & Review


1. TradingView: Winner Overall Best Stock Software

TradingView is an easy-to-use, powerful platform that supports all international stock markets. TradingView is designed for traders who value a great price, powerful chart analysis, backtesting, and a large social community.

TradingView Rating 4.8/5.0
⚡ Features Charts, Trading, News, Watchlists, Screening
🏆 Unique Features 20 Million User Community, Backtesting
🎯 Best for Stock, Fx & Crypto Traders
🆓 Free Version TradingView Free
🎮 Premium Trial Free 30-Day
✂ Premium Discount $15 Discount Available + 30-Day Premium Trial
💰 Price Free or $59/m or $49/m annually
🌎 Markets Covered Global

There is no doubt that TradingView is a worthy winner and holds its place as number one overall. I love TradingView and use it daily. I post charts, ideas, and analyses on it, chat with other traders, and develop strategies and backtest them.

TradingView Features Ratings 4.8/5.0
📈 Charts โ˜…โ˜…โ˜…โ˜…โ˜…
📡 Screening โ˜…โ˜…โ˜…โ˜…โ˜…
📰 Financial News โ˜…โ˜…โ˜…โœฉโœฉ
🧑‍🧑‍🧒‍🧒 Social โ˜…โ˜…โ˜…โ˜…โ˜…
🔍 Backtesting โ˜…โ˜…โ˜…โ˜…โ˜…
💡 Pattern Recognition โ˜…โ˜…โ˜…โ˜…โ˜…
🖱 Ease of Use โ˜…โ˜…โ˜…โ˜…โ˜…
Liberated Stock Trader Review Winner
TradingView – Winner Best Overall Trading Platform

Pros

โœ“ Great Technical Analysis Charts
โœ“ Social, Chat, Publish, Follow
โœ“ Good Backtesting & Screening
โœ“ Easy to use
โœ“ Crypto, Forex, Stocks Globally

Cons

โœ˜ No Real-time News
โœ˜ Watchlist Customization

Pricing & Software

TradingView is available for free, but it has limitations regarding charts, screening, and indicators. The Pro+ service is $25/m annually and has extensive benefits, including multiple devices, screens, charts, and post-market data.

The benefits of TradingView are fast data speeds and global stock exchange coverage. TradingView covers Stocks, ETFs, Funds, Futures, Forex, Bonds, and cryptocurrencies globally, making it a good choice for international investors.

My testing shows that TradingView’s pricing model and global stock exchange coverage make it the best free technical analysis software in India, the USA, and internationally.

TradingView - Powerful Charting with Automated Pattern Recognition, Screening & Breaking News
TradingView – Powerful Charting with Automated Pattern Recognition, Screening & Breaking News

Trading

With TradingView in the USA, you get broker integration with TradeStation for stocks and Forex.com for foreign exchange currency trading. In Europe, you have integration FXCM and Saxo Group for currency and CFD trading. You can place trades directly from charts, which will take care of profit & loss reporting and analysis. The only thing TradingView does not cover is Stock Options trading.

Scanning & Screening

TradingView has over 250 criteria for scanning and screening stocks, Forex, and Cryptocurrencies. There are 48 different fundamental criteria and 96 technical variables available. TradingView also includes 48 economic indicators available through the Federal Reserve Database (FRED), including the Federal Funds Rates and World Economic Growth.

Community & Platform

TradingView has over 20 million active users sharing ideas, charts, and chats. Thousands of groups discuss financial markets. The TradingView community is an excellent way to generate ideas and learn from other traders.

TradingView has integrated newsfeeds, including Reuters, MTNewswires, Benzinga, and DailyFX. The newsfeeds are not real-time but do add value. I would recommend trying the trading platform to see it in action.

TradingView is the King of Social Trading with the biggest and most active trading community.


Chart, Scan, Trade & Join Me On TradingView for Free

Join me and 20 million traders on TradingView for free. TradingView is a great place to meet other investors, share ideas, chart, screen, and chat.
Connect With Liberated Stock Trader on TradingView for Free
Chart, scan & connect with me for free on TradingView for my latest trading ideas and chart analysis.

Join Me On TradingView


Technical Analysis

TradingView has over 160 stock chart indicators and unique charts, such as LineBreak Charts, Kagi Charts, Heikin Ashi charts, Point & Figure Charts, and Renko Charts. As an advanced technical trader, you will be well served.

As a technical analyst, I am incredibly impressed with the Kagi, Heikin Ashi, and Renko Charts, including Point & Figure and Line Break. Also, the user community has developed thousands of bespoke indicators and strategies.

Backtesting & Automated Trading

TradingView has an active community of people who are developing and selling stock analysis systems. With the premium-level service, you can create and sell your own. The community also offers many indicators and systems for free.

3 MOSES ETF Strategies vs. Buy & Hold (Click to Enlarge)
3 MOSES ETF Strategies vs. Buy & Hold

TradingView’s backtesting report includes everything you need to evaluate a strategy’s performance, including net profit, drawdown, buy and hold return, and strategy risk profile. TradingView is a great package, especially since the free version includes backtesting.

Try TradingView For Free


2. TrendSpider: Best Automated Chart Analysis

TrendSpider is best for all traders seeking cutting-edge AI software that automates technical chart analysis, trendline, and pattern recognition. It has robust system backtesting and automated Fibonacci and candlestick recognition for Stocks, ETFs, FX, and Crypto Markets.

TrendSpider Rating 4.7/5.0
⚡ Features Charts, Watchlists, Multi-timeframe Analysis, Backtesting
🏆 Unique Features Automated Trendlines, Fibonacci, and Candlestick Pattern Recognition
🎯 Best for US Stock, Forex & Crypto Traders
🆓 Free Version
🎮 Premium Trial โœ” 7-Day Premium Trial for only $9
✂ Premium Discount Use Code "LST30" for -30% on monthly or -63% off annual plans
💰 Price $107/m or $48/m annually
🌎 Markets Covered USA

TrendSpider is packed with innovative technical analysis tools. If you are a serious market analyst, TrendSpider will help you do the job quicker and with better quality and prevent you from missing an opportunity.

TrendSpider Features Ratings 4.7/5.0
📈 Charts โ˜…โ˜…โ˜…โ˜…โ˜…
📡 Screening โ˜…โ˜…โ˜…โ˜…โ˜…
📰 Financial News โ˜…โ˜…โ˜…โœฉโœฉ
✨AI Strategies โ˜…โ˜…โ˜…โ˜…โœฉ
🔍 Backtesting โ˜…โ˜…โ˜…โ˜…โ˜…
🧪 Code-Free Backtesting โ˜…โ˜…โ˜…โ˜…โ˜…ย 
💡 Pattern Recognition โ˜…โ˜…โ˜…โ˜…โ˜…
🚦 Auto-Trading Score โ˜…โ˜…โ˜…โ˜…โœฉ
🖱 Ease of Use โ˜…โ˜…โ˜…โ˜…โ˜…

Pros

Liberated Stock Trader Review & Test Award: TrendSpider - Best of 2024.
Liberated Stock Trader Review & Test Award: TrendSpider – Best of 2024.

โœ“ Automated Candlestick, Chart Pattern & Trendline Recognition
โœ“ The Best Point-and-Click Backtesting & Strategy Development
โœ“ Auto-trading Bots
โœ“ 150+ Different Candlestick Patterns Recognized
โœ“ 220+ Charts & Indicators
โœ“ Real-time Exchange Data Included in Price
โœ“ Stocks, ETFs, Forex, Crypto, Indices & Futures
โœ“ Seasonality Charts
โœ“ News & Analyst Ratings Change Scanning
โœ“ In-Person 1-on-1 Training Included
โœ“ Automatic Multi-Timeframe Analysis

Cons

โœ˜ No Social

TrendSpider’s standout capabilities include automated recognition of candlestick patterns, trendlines, and chart patterns. It simplifies backtesting and strategy creation with point-and-click functions that automatically display buy and sell signals on the chart.

Furthermore, TrendSpider now scans for financial news, analyst estimates, rating changes, insider trading data, and seasonality charts. In 2024, TrendSpider launched an AI-powered assistant,ย and automated trading Bot execution serves as the crowning touch.

Key TrendSpider features in one screenshot: Backtesting, Screening for price, indicators, news, analyst ratings, seasonality, and insider trading.
Key TrendSpider features in one screenshot: Backtesting, Screening for price, indicators, news, analyst ratings, seasonality, and insider trading.

Pricing

TrendSpider has radically simplified its pricing model for 2024. All plans include real-time data, futures, AI-powered pattern recognition, backtesting, news, options, crypto, and even automated bot trading with broker integration.
  • The standard price is $107 per month, and Enhanced costs $197. The best deal is opting for an annual prepaid plan, which offers a 50% discount on all services.
  • Adding our partner code LST30 during checkout will save an additional 30% on your first year.
  • Using our partner link will grant you an exclusive 7-day discounted trial with TrendSpider.
TrendSpider Pricing Monthly Subscription Annual Subscription
Standard (Casual Traders) $107 $53.50
Enhanced (Active Traders) $197 $98.50
Professional (Professionals) $397 $198.50
Additional Year 1, 30% Discount -30% With Code LST30

TrendSpider Coupon Code Discount

Trendspider discount coupon code "LST30" is verified and valid for 2024. It grants a 30% discount on all plans. Use coupon code "LST30" at checkout.

Using this coupon on a TrendSpider monthly subscription could save you over $2,400.

โœ‚ TrendSpider Black Friday Sale is Live Now โœ‚
โ˜† 67% Off Yearly Plans โ˜†
It's their biggest sale of the year.

Automated Technical Analysis

One of its key features is the automated trendline detection and plotting system, which leverages sophisticated algorithms to identify and highlight thousands of trend lines. The system prioritizes those with the highest probability of success, offering a more efficient and reliable method than manual analysis.

The automated trendline & candlestick detection and recognition do a better job than any human

TrendSpider’s multi-time-frame analysis allows you to view multiple timeframe charts on a single chart, with the trendlines plotted automatically. Another great feature is the advanced plotting of support and resistance lines into a subtlely integrated chart heatmap.

Automated Trendlines with TrendSpider
Automated Trend lines with TrendSpider

Try TrendSpider

The platform also incorporates advanced plotting of support and resistance lines, which are integrated into a chart heatmap. This visualization provides a clear and intuitive understanding of key market levels, helping traders make informed decisions based on visual data.

Another unique capability is the automated Fibonacci detection and mapping, exclusive to TrendSpider. This tool helps traders identify possible retracement levels and potential reversal points, enhancing their strategic planning.

Our original trading research is powered by TrendSpider. As a certified market analyst, I use its state-of-the-art AI automation to recognize and test chart patterns and indicators for reliability and profitability.

TrendSpider Automated Chart Analysis

โœ” AI-Powered Automated Chart Analysis: Turns data into tradable insights.
โœ” Point-and-Click Backtesting: Tests any indicator, pattern, or strategy in seconds.
โœ” Never Miss an Opportunity: Turn backtested strategies into auto-trading bots.

Don't guess if your trading strategy works; know it with TrendSpider.

โœ‚ TrendSpider Black Friday Sale is Live Now โœ‚
โ˜† 67% Off Yearly Plans โ˜†
It's their biggest sale of the year.

Backtesting

TrendSpider takes a different approach to backtesting. The platform is built from the ground up to automatically detect trendlines and Fibonacci patterns, meaning it already has backtesting built into the code. The highest probability trendlines are automatically flagged, and you can adjust the sensitivity of the detection algorithm to show more or fewer lines.

TrendSpider has also implemented a strategy tester that allows you to type what you want to test freely, and it will do the coding for you. It is a smooth and straightforward implementation.


3. Trade Ideas: Winner Best AI Stock Signals

Trade Ideas is best for active day traders wanting AI-driven trading signals. It provides actual buy and sell signals for trades by performing millions of backtests daily on 70+ strategies. The Holly AI platform has an audited track record of beating the market.

Trade Ideas Rating 4.6/5.0
⚡ Features Charts, Scanning, Broker Integration, Trading Room
🏆 Unique Features AI Trade Signals, Auto-trading, Proven Profitable Track Record
🎯 Best for US Day Traders
🆓 Free Version
🎮 Premium Trial Try the Trading Room for Free
✂ Premium Discount -15% Discount: Use Code “LIBERATED”
💰 Price $254/m or $178/m annually
🌎 Markets Covered USA

According to my testing, Trade Ideas is the industry-leading artificial intelligence-powered stock market scanning and trading signals generation platform. Despite a complicated user interface, the real power lies underneath with 30 channels of trading ideas & three AI systems pinpointing trading signals for day traders. Trade Ideas promises and delivers the nirvana of market-beating returns.

Trade Ideas Features Ratings 4.6/5.0
📈 Charts โ˜…โ˜…โ˜…โ˜…โ˜…
📡 Screening โ˜…โ˜…โ˜…โ˜…โ˜…
📰 Financial News โ˜…โ˜…โœฉโœฉโœฉ
🚦 Trading Score โ˜…โ˜…โ˜…โ˜…โ˜…
🧑‍🧑‍🧒‍🧒 AI โ˜…โ˜…โ˜…โ˜…โ˜…
🔍 Backtesting โ˜…โ˜…โ˜…โ˜…โ˜…
💡 Pattern Recognition โ˜…โ˜…โ˜…โ˜…โ˜…
💰 Buy & Sell Signals โ˜…โ˜…โ˜…โ˜…โ˜…
🖱 Ease of Use โ˜…โ˜…โ˜…โœฉโœฉ

Pros

Trade Ideas Review Winner - Best AI Trading Software for Automated Stock Trading & Day Trading
Trade Ideas Review Winner – Best AI Trading Software for Automated Stock Trading & Day Trading

โœ“ 3 AI Trading Algorithms
โœ“ Market-Beating Audited Performance
โœ“ Exceptional Stock Scanning
โœ“ Real-time Trade Signals
โœ“ Auto-trading With AI Signals
โœ“ Free Live Trading Room Access

Cons

โœ˜ User Interface
โœ˜ Takes Time To Learn
โœ˜ Choice of Indicators

Trade Ideas is unique because the software tells you when to buy and sell stocks by analyzing millions of trade setups daily. The analysis results in 3 to 5 high probability trades every day.

Trade Ideas is the most expensive software in this review because it offers the possibility of beating the market using AI pattern recognition and establishing a trading bot to auto-trade on your behalf. For a full pricing breakdown, see our Trade Ideas review.

Trade Ideas, unlike any other software, does all the work for you providing you specific market beating AI trading Signals, to help you make regular profits.

Platform

My extensive testing reveals that Trade Ideas is an incredibly powerful stock trading desktop app that seamlessly integrates cloud-based AI algorithmic stock signals to provide high-probability day trading opportunities.

Trade Ideas Platform, Channels & Charts
Trade Ideas Platform, Channels & Charts

Scanning

The Trade Ideas scanner system, unique in the industry, is at the heart of the trading platform. By clicking New -> Alerts, you can access the Alert Config Window, which gives you immediate access to over 40 trading scans. In the screenshot below, you can see all the built-in scans categorized as Bullish, Bearish, or Neutral. Depending on the overall market direction, you can select a potential strategy for the day.

Trade Ideas Scanner
The Excellent Trade Ideas Scanner & Strategy Engine

A particularly impressive and innovative scan was discovered during testing: the “Unusual Social Mentions Scan.” The Trade Ideas AI engine constantly scans StockTwits for surges in mentions of particular stocks. If you click load settings, you will be immediately presented with a real-time list of stocks spiking on social media.

Automated AI Stock Trading

The Trade Ideas platform has a simple, easy-to-use backtesting system that does not require programming knowledge. A point-and-click backtesting system is rare in this industry; the only alternative software with this capability is TrendSpider.

Trade Ideas integrates with three brokers for stocks: Interactive Brokers, Etrade, and Esignal. The Brokerage Plus functionality is available with the Standard and Premium service.

Is Trade Ideas Easy to Use?

No, Trade Ideas is not easy to use; it takes time to learn. I estimate that you will need at least four days of effort before you understand the platform. However, Trade Ideas helps new clients by providing excellent support, a live trading room, and personal one-on-one training sessions.

Unleash Trade Ideas’ AI


4. Stock Rover: Best Analysis Software for Investors

Stock Rover is ideal for USA value, dividend, and growth investors seeking innovative fundamental stock analysis, screening, and portfolio management software. Stock Rover enables the easy implementation of powerful investing strategies.

Stock Rover Rating 4.6/5.0
⚡ Features Charts, Powerful Screening, Research, Broker Integration
🏆 Unique Features 10-Year Historical Financial Data, Full Portfolio Mgt, Correlation, Rebalancing & Value Investing Benefits
🎯 Best for Growth, Dividend & Value Investors
🆓 Free Version Stock Rover Free
🎮 Premium Trial Free 14-Day
✂ Premium Discount 25% During Trial Period
💰 Price Free or $28/m or $23/m annually
🌎 Markets Covered USA
Stock Rover offers robust screening, a top-notch 10-year financial database, and real-time stock research reports. While Stock Rover’s free service is excellent, Stock Rover Premium + offers unmatched benefits for growth investing.
Stock Rover Features Ratings 4.6/5.0
📈 Charts โ˜…โ˜…โ˜…โ˜…โ˜…
📡 Screening โ˜…โ˜…โ˜…โ˜…โ˜…
📰 Financial News โ˜…โ˜…โ˜…โœฉโœฉ
📰 Portfolio & Research โ˜…โ˜…โ˜…โ˜…โ˜…
🔍 Backtesting โ˜…โ˜…โ˜…โ˜…โœฉ
🖱 Ease of Use โ˜…โ˜…โ˜…โ˜…โ˜…
Stock Rover Best Stock Software For Growth, Income & Value Investors
Stock Rover Best Stock Software For Growth, Income & Value Investors

Pros

โœ“ 10-Year Financial Data
โœ“ Best Screening Criteria
โœ“ Stock Scoring & Ratings
โœ“ Value, Dividend & Growth Screeners
โœ“ Excellent Portfolio Management
โœ“ Dividend Forecasting

Cons

โœ˜ No Social Community
โœ˜ No Real-time Charts

It is awe-inspiring that Stock Rover is the outright winner in our Best Stock Screener Review. I actively use Stock Rover daily to find the undiscovered gems that form the foundations of my long-term investments. I created the Liberated Stock Trader Beat the Market Stock System using Stock Rover.

I do not say this lightly. If you are a long-term US Investor, Stock Rover is the best & only software you ever need.

Pricing

Stock Rover is available for free, but the real power is unleashed with the Premium Plus service, which is superior to competing stock screeners and less expensive. Stock Rover Premium Plus costs $27.99 per month and includes unlimited stock ratings, scores, analyst ratings, margin of safety scoring, a 10-year historical database, and investor warnings.

Stock Rover has the best implementation of stock screening, research and portfolio management on the market today.

Portfolio Management

Stock Rover integrates with every major broker, including our review-winning broker, Firstrade, and Interactive Brokers. You cannot place trades from charts, but it will cover profit and loss reporting on your portfolio and provide portfolio rebalancing recommendations. Stock Rover uniquely includes current dividend earnings and future income prediction reporting, making it a unique portfolio analysis platform.

Fundamental Screening

Stock Rover is best at screening for stocks to build professional growth, dividend, and value stock portfolios. Stock Rover provides detailed research reports, historical screening, portfolio management reporting, rebalancing, and correlation.

Stock Rover has over 600 data points and historical data stretching back ten years, enabling you to backtest fundamental strategies. Stock Rover also has unique Margin of Safety, Fair Value, and Discounted Cash Flow data to help you invest like Warren Buffett.

Watchlists have fundamentals broken into Analyst Estimates, Valuation, Dividends, Margin, Profitability, Overall Score, and Stock Rover Ratings.ย  You can even set the watchlist and filters to refresh every single minute if you wish.

Powerful Pre-Built Screeners

Stock Rover has over 150 pre-built and tested screeners you can import and use. To take advantage of this, you need the Premium Plus service. I have analyzed most of the screeners, which are very thoughtfully built. One of my favorites is the Buffettology screener.

Stock Rover Stock Rating Engine Helps You Find Great Stocks To Invest In
Stock Rover Stock Rating Engine Helps You Find Great Stocks To Invest In

Research & Stock Ratings

The team at Stock Rover has implemented some great functionality; I particularly like the roll-up view for all the scores and ratings. I have imported the Warren Buffett portfolio, including his top 25 holdings. I have also selected the “Stock Rover Ratings” tab. This tab rolls up all analysis into a simple-to-view ranking system, saving a vast amount of time and effort while providing a wealth of insight.

Stock Rover - Simply The Best Stock Screener
Stock Rover is Simply the Best Stock Screener. The Warren Buffett Scan

Stock Rover provides investors with financial growth, valuation, efficiency, and profitability ratings to help them select the right stocks; this makes it the best stock-picking software available today. If you are a long-term investor, this is the software for you.

Why Stock Rover is Best for Investors: Review & Test Video

Get Stock Rover Now + 25% Discount


5. Benzinga Pro: Best for Real-time News Analysis

Benzinga Pro is a unique analysis software for trading real-time stock news. It is designed for day traders and delivers real-time market-moving news to give you a trading edge. The service is complete with a news squawk box, direct access to the news desk, and real-time charting and scanning.

Benzinga Pro Rating 4.5/5.0
⚡ Features Real-time News, Calendar, Charts, Screening
🏆 Unique Features Stock & Options Squawk Box, News Sentiment, News Rating, Options Alerts
🎯 Best for US Stock, Fx, Commodity & Bond Traders
🆓 Free Version
🎮 Premium Trial 14 Day Free
💰 Price $197/m or $166/m annually
🌎 Markets Covered North America
Benzinga Pro is the best for scanning and screening the news, but it can also screen for technical and fundamental data. Benzinga Pro has 32 fundamental screening criteria, including P/E, PEG, Profitability, Margins, and Insider Ownership. There are also 23 market scanning criteria, including volume change, relative volume, and short interest.
Benzinga Pro Features Ratings 4.5/5.0
📈 Charts โ˜…โ˜…โ˜…โ˜…โœฉ
📡 Screening โ˜…โ˜…โ˜…โœฉโœฉ
📰 Financial News โ˜…โ˜…โ˜…โ˜…โ˜…
🧑‍🧑‍🧒‍🧒 Social โ˜…โ˜…โ˜…โœฉโœฉ
💰 Buy & Sell Signals โ˜…โ˜…โ˜…โ˜…โ˜…
⏰ Alerts โ˜…โ˜…โ˜…โ˜…โ˜…
🖱 Ease of Use โ˜…โ˜…โ˜…โ˜…โ˜…
Liberated Stock Trader Review Winner
Benzinga PRO, Winner Best Actionable News Service For Traders

Pros

โœ“ Best Real-time Stock Market News
โœ“ Squawk Box Live Feed
โœ“ Real-time Alerts & Signals
โœ“ Good Charts & Screening

Cons

โœ˜ North America Only
โœ˜ No Broker Integration

Benzinga PRO costs $79 monthly for the Basic Plan, which gives you real-time newsfeeds and watchlist alerts. Benzinga Pro Essential costs $117 monthly, adding the Squawk Box, Calendars, Sentiment Indicators, and the Chat with Newsdesk functionality.

Scanning

Another example of how Benzinga is continually innovating is Signals. Signals is a feed with block trade or price spike news that directly impacts a stock’s supply and demand balance at a foundational level.

Signals By Benzinga, Highlighting Market Moving Block Trades
Signals By Benzinga, Highlighting Market Moving Block Trades

Let’s take a look at a block trade. A block trade is a huge, market-moving amount of stock, either bought or sold. Block trades impact price, and you can take part in that price move or not, depending on the direction of the trade.

Signals could be a trading strategy in itself. Watch the block trades roll in, observe the direction, and make your trade. See a colossal block trade sell, buy Put Options, see a block trade buy, buy calls.

Real-Time News – BZWire

Core to the Benzinga Pro service is access to the real-time newsfeed, which updates quickly and effectively. The only news excluded in the basic package is the Securities & Exchange Commission (SEC) announcements and Public Relations (PR) newsfeeds.

The Core Benzinga Pro Newsfeed - Red for Bearish - Green Ticker For Bullish
The Core Benzinga Pro Newsfeed – Red for Bearish – Green Ticker For Bullish

Please do not underestimate the newsfeed; it is truly enormous. But despite the depth of financial content being released every minute, the Benzinga Pro web-based applications are high-speed, responsive, and configurable. The configurable nature of the newsfeed is what makes the service so great. For the full test of Benzinga, see the Benzinga Pro Review.

You can also choose to be alerted to specific categories in your newsfeed. Any category can be flagged for alerts, so you do not need to watch the newsfeed continually; you can be trading and hear the alarm as a call to action.

Squawk Box & Newsdesk

Benzinga’s Squawk Box frees you from staring at the on-screen newsfeed by having the newsroom reporters read the latest high-impact news live as it hits the feed. Squawk is one of the biggest benefits of the Benzinga Pro Essentials service.

I have Squawk Box open while watching the markets, so I do not need to watch the screen constantly. Every two minutes, a real-time audio feed announces the latest big news via my PC speakers; this service alone is worth the upgrade to Benzinga PRO Essential.

Benzinga Streaming News Feed Screen Shot - Benzinga Pro News Platform Highlights - Important News, Watchlist - Price Quotes
Benzinga Streaming News Feed Screen Shot – Benzinga Pro News Platform Highlights – Important News, Watchlist – Price Quotes

Benzinga Pro has an active user community, with eight live chat channels and a Benzinga TV channel featuring Benzinga studio’s live broadcasts. Additionally, a special live chat stream for Benzinga’s Options Signals service enables clients to pounce on Options pricing opportunities.

Is Benzinga Pro Worth It?

Yes, Benzinga Pro is worth it for day traders and investors who want an actionable real-time news service, sentiment indicators, market scanning, and financial reporting to get a profitable edge in the market.

After using Benzinga Pro for five years, I can say that the exclusive features, such as the audio squawk box, chat with the newsdesk, and the powerful calendar suite, make It worth it.


6. MetaStock: Best for Backtesting & Forecasting

MetaStock is best for stock traders who need real-time news, access to a huge stock systems marketplace, and the best technical stock chart analysis, backtesting, and forecasting. All international exchanges are covered & backed up with excellent customer service.

MetaStock Rating 4.4/5.0
⚡ Features Charts, Watchlists, Scanning, Backtesting
🏆 Unique Features Forecasting, Real-time Global Trading News (Multi-language)
🎯 Best for Stock, Fx & Commodity Traders
🆓 Free Version No
🎮 Premium Trial
✂ Premium Discount 3 Months for 1
💰 Price MetaStock R/T $100/m, Xenith $265/m
🌎 Markets Covered Global

The latest release of Metastock is a big hit with improvements across the board. Considerable advances in scanning, backtesting, and forecasting make this one of the best offerings on the market.

MetaStock Features Ratings 4.4/5.0
📈 Charts โ˜…โ˜…โ˜…โ˜…โ˜…
📡 Screening โ˜…โ˜…โ˜…โ˜…โ˜…
📰 Financial News โ˜…โ˜…โ˜…โ˜…โ˜…
🔍 Backtesting โ˜…โ˜…โ˜…โœฉโœฉ
💡 Pattern Recognition โ˜…โ˜…โ˜…โ˜…โœฉ
🚦 Auto-Trading Score โ˜…โœฉโœฉโœฉโœฉ
🖱 Ease of Use โ˜…โ˜…โ˜…โœฉโœฉ
MetaStock Review Winner: Best Stock Backtesting & Technical Analysis Charting For Global Markets
MetaStock Review Winner: Best Stock Backtesting, Forecasting & Technical Analysis Charting For Global Markets

Pros

โœ“ Best Stock Backtesting
โœ“ Largest Selection of Charts & Indicators
โœ“ Real-time Global News
โœ“ Stock Forecasting
โœ“ย All International Stock Exchanges

Cons

โœ˜ PC Only/No Mobile App
โœ˜ No Broker Integration
โœ˜ Poor Interface

MetaStock is designed as a broker-agnostic technical analysis platform. It does provide limited broker integration, but the execution of trades from charts and live integrated profit and loss analysis of your live portfolio is limited.

Using MetaStock R/T, you can see an incredibly in-depth analysis of company fundamentals, from debt structure to the top ten investors, including level II. Excellent watchlists featuring company financials and powerful market scanning make MetaStock unique.

Real-time News

MetaStock R/T Refinitiv integration means you get institutional quality real-time news, analysis, research, and economic outlooks. Refinitiv is the fastest global news service available in the industry. For international investors, MetaStock is unique because the news is also translated into all major languages.

Technical Chart Analysis

MetaStock has over 350 stock tools for charting, annotation, and drawing trendlines and indicators, the broadest selection of technical analysis tools on the market today. MetaStock is the clear leader in pure technical analysis of stock charts; it includes Point and Figure and Market Profile Charts, meaning it has the best stock trading charts.

The Powerful MetaStock Forecasting Tool
The Powerful MetaStock Forecasting Tool

Systems & Backtesting

MetaStock has over 100 computerized stock market systems called Expert Advisors. These programs scan stock charts for a system’s targeted conditions. The Expert Advisor systems, either in-built or as 3rd part add-ons, will help you understand and profit from technical analysis patterns in price and volume. This is a unique differentiator from the competition.

Forecaster Capability

The most significant MetaStock innovation is the forecasting functionality, which does not exist with any other software. By selecting Forecaster from the power console, you can choose one or more stocks, ETFs, or Forex pairs. You are then presented with an interactive report that enables you to scan through the many predictive recognizers, which help you understand the basis for the prediction and the methodology.


7. Tickeron: Broad Selection of AI Bots & Signals

Tickeron has impressive AI-powered chart pattern recognition and prediction algorithms for stocks, ETFs, Forex, and Cryptocurrencies. Tickeron excels at providing thematic model portfolios, specific pattern-based trading signals, and success probability and AI confidence levels.

Tickeron Rating 4.4/5.0
⚡ Features Portfolios, Watchlists, Screening
🏆 Unique Features AI Trade Signals, AI Portfolios & AI Pattern Recognition
🎯 Best for Traders & Investors Using AI Trading
🆓 Free Version Yes
🎮 Premium Trial 14-Day Free Trial
✂ Premium Discount 50% Off All Annual Plans
💰 Price Free or $250/m or $125/m annually
🌎 Markets Covered USA

Tickeron’s trading platform is unique and innovative. It combines artificial intelligence and human intelligence based on the community of traders, so you can compare what humans think versus machines. Tickeron targets day traders, swing traders, and investors with intricate features and benefits specific to your investing style.

Tickeron Features Ratings 4.4/5.0
📈 Charts โ˜…โ˜…โ˜…โ˜…โœฉ
📡 Screening โ˜…โ˜…โ˜…โ˜…โ˜…
🧑‍🧑‍🧒‍🧒 Social & News โ˜…โ˜…โ˜…โœฉโœฉ
✨AI Strategies โ˜…โ˜…โ˜…โ˜…โœฉ
🔍 Backtesting โ˜…โ˜…โ˜…โ˜…โœฉ
💡 Pattern Recognition โ˜…โ˜…โ˜…โœฉโœฉ
🖱 Ease of Use โ˜…โ˜…โ˜…โ˜…โ˜…

ProsLiberated Stock Trader Review Recommended

โœ“ 45 Streams of Trade Ideas
โœ“ 40 Chart Patterns Recognized
โœ“ AI Trend Prediction Algorithms
โœ“ Audited Performance Track Records
โœ“ Build AI Portfolios

Cons

โœ˜ Custom Charting Limited
โœ˜ Cannot Plot Indicators

Tickeron uses AI rules to generate trading ideas based on pattern recognition. Firstly, they use a database of technical analysis patterns to search the stock market for stocks that match those price patterns using their pattern search engine.

Of course, each detected pattern has a backtested track record of success, and this pattern’s success is factored into the prediction using their Trend Prediction Engine.

Pattern Recognition

At the heart of Tickeron is its AI algorithms’ ability to spot 40 different stock chart patterns in real-time. You can select which pattern you want to trade, and it will filter stocks, Forex, or cryptocurrencies that currently show it. Patterns are split into bullish patterns for long trades or bearish patterns for those who wish to go short.

Tickeron Real-time Stock Chart Pattern Recognition
Tickeron Real-time Stock Chart Pattern Recognition

Tickeron’s real-time pattern recognition is particularly useful for swing or day traders, where market timing is the top priority. Tickeron can also scan the entire market and suggest which patterns work best on a particular day. In the screenshot above, you can see “Today’s Top Ranked Patterns,” which rates the potential success of the patterns based on the market’s current trading activity.

Trading Signals & Prediction

Tickeron has implemented a powerful feature called AI Confidence Level. Based on the stock’s history, the success rate of a particular pattern, and the market’s current direction, Tickeron can assign a confidence level to a trade prediction.

The screenshot below shows that the Tickeron AI predicts that ABUS has an 88% chance of declining in value and ACET has an 81% chance of increasing in value.

Tickeron's AI Pattern Prediction Engine
Tickeron’s AI Pattern Prediction Engine

Is Tickeron Worth The Money?

Tickeron is worth buying if you are a short-term trader because it provides high-probability AI-backed trade signals.


8. TC2000: Best Stock Trading from Charts USA

TC2000 is best for US and Canadian traders seeking rapid entire market scanning and screening, with excellent charts and indicators. TC2000 has an integrated brokerage, meaning you can trade stocks and options directly from charts.

TC2000 Rating 4.3/5.0
⚡ Features Charts, Custom Indicators, Real-time Screening
🏆 Unique Features TC2000 Brokerage, EasyScan, Options Strategies
🎯 Best for Stock & Options Traders
🆓 Free Version Yes
🎮 Premium Trial Free 30-Day
✂ Premium Discount -25% for Bi-Annual Subscription
💰 Price Free or $60/m or $50/m annually
🌎 Markets Covered USA

TC2000 has long been one of my favorite tools; I have been a subscriber for over 20 years and find the latest release another step forward. The platform offers nearly everything a trader will need and is endlessly customizable and scalable.

TC2000 Features Ratings 4.3/5.0
📈 Charts โ˜…โ˜…โ˜…โ˜…โ˜…
📡 Screening โ˜…โ˜…โ˜…โ˜…โ˜…
📰 News & Social โ˜…โœฉโœฉโœฉโœฉ
🔍 Backtesting โ˜…โœฉโœฉโœฉโœฉ
🚦 Broker Trading Score โ˜…โ˜…โ˜…โ˜…โ˜…
🖱 Ease of Use โ˜…โ˜…โ˜…โ˜…โ˜…

ProsLiberated Stock Trader Review Recommended

โœ“ Fantastic Charts & Indicators Selection
โœ“ Good Technical & Fundamental Stock Scanning
โœ“ Trade Directly From Charts
โœ“ Real-time Exchange Data
โœ“ Very Good Margin Rates

Cons

โœ˜ No Social Community
โœ˜ No Backtesting
โœ˜ No News

TC2000 is a slick and powerful technical analysis platform. It enables scanning and screening the entire US market for fundamentals and technical analysis. You can use the huge library of available indicators and create custom indicators and conditions without coding.

TC2000 Review - Sector Analysis Drill Down

TC2000 Review – Sector Analysis Drill Down

Trade Management

The TC2000 Brokerage offers stock trades at $1 per trade, which means TC2000 has a tight integration for trading stocks from the chart and has good stock options trading visualization. TC2000 is one of the best Stock Options analysis software programs, allowing you to scan and build options strategies seamlessly. You can scan on gamma, delta, expiration, options spread, and even short interest.

TC2000: One of the Best Options Analysis Software Platforms
TC2000: One of the Best Options Analysis Software Platforms

Scanning, Screening & Charting

If you want fundamentals screened in real-time layered with technical screens integrated into live watch lists connected to your charts, TC2000 is a power player. TC2000 Easyscan can be set up with a few clicks, and you do not need coding experience.

TC2000 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.


9. Portfolio 123: Screening & Backtesting for Investors

My testing of Portfolio123 shows impressive stock screening, software with a robust financial database, and integrated commission-free trading with Tradier. Portfolio123 can be used by income, value, and growth investors but is also advantageous for swing traders.

Portfolio 123 Rating 4.3/5.0
⚡ Features Screening, Research, Powerful Backtesting
🏆 Unique Features Free $0 Integrated Trading, 10-Year Financial Database
🎯 Best for Stock & Options Traders
🆓 Free Version No
🎮 Premium Trial 21 Days for $9
✂ Premium Discount None
💰 Price Free or $83/m annually
🌎 Markets Covered USA/Canada

Portfolio123 covers stocks, fixed income, and ETFs on US and Canadian exchanges, so it is unsuitable for international stock investors. However, you can design a fully automated real-time trading strategy with a broker that will hold the stocks that pass your screen and sell those that don’t.

Portfolio123 Features Ratings 4.3/5.0
📈 Charts โ˜…โ˜…โ˜…โ˜…โ˜…
📡 Screening โ˜…โ˜…โ˜…โ˜…โ˜…
📰 News & Social โ˜…โ˜…โœฉโœฉโœฉ
📰 Portfolio & Research โ˜…โ˜…โ˜…โ˜…โ˜…
🔍 Backtesting โ˜…โ˜…โ˜…โ˜…โœฉ
🖱 Ease of Use โ˜…โ˜…โ˜…โ˜…โ˜…

ProsLiberated Stock Trader Review Recommended

โœ“ 470+ Screening Metrics
โœ“ 10-Year Backtesting Engine
โœ“ Pre-built Model Screeners
โœ“ 260 Financial Ratios
โœ“ Integrated Free Trading

Cons

โœ˜ No Integrated News
โœ˜ No App for Android or iPhone

The Screener and Pro service unleashes Portfolio123’s real power. Their pricing is competitive, considering the benefits.

When you register with Portfolio123 and log in, you are greeted with the dashboard, which gives you an instant market performance breakdown but, more importantly, shows you your portfolio performance.

Portfolio123 Review: Portfolio Dashboard
Portfolio123 Review: Portfolio Dashboard

With Portfolio123, you get tight broker integration with Tradier and Interactive Brokers. You cannot place trades from charts, but you can automate trading based on rules or issue bulk trades; plus, Portfolio123 will take care of profit & loss reporting.

The Portfolio123 screener allows you to filter 10,000+ stocks and 44,000 ETFs to help you find the investments or trades that match your exact criteria. Portfolio123 also has ranked screening, which enables you to rank the stocks that best match your criteria, filtering a list from hundreds of stocks to a handful.

Over 225 data points will cover most ideas based on fundamentals. Portfolio123 has 460 criteria, including analyst revisions, estimates, and technical data.

Portfolio123 Review: Incredibly Powerful Screening
Portfolio123 Review: Incredibly Powerful Screening

Building your Portfolio123 screener is theoretically easy; select Research -> Screens, and you can start to play. No programming skills are required, but basic coding will certainly help. You must study the coding logic and understand the names of the proprietary criteria to create more powerful screening rules.

Portfolio123 is an excellent screening and backtesting platform for swing traders and medium-term growth investors. Its incredible selection of fundamental criteria, 20-year financial database, and powerful financial backtesting engine make it a great choice for experienced stock system developers.


10. VectorVest: Scanning & Market Timing Software

VectorVest helps simplify market timing by providing buy and sell ratings on US, Australian, and European stocks. VectorVest is software designed to assist in market timing through precise stock strength calculations and reliable buy and sell trade signals.ย 

VectorVest Rating 4.0/5.0
⚡ Features Charts, Watchlists, Screening
🏆 Unique Features Market Timing Gauge, Auto-trading
🎯 Best for Beginner Investors
🆓 Free Version No
🎮 Premium Trial 1st Month $0.99
✂ Premium Discount None
💰 Price $149/m
🌎 Markets Covered USA

Vectorvest offers various features to help novice investors find stocks. Its market timing gauge and auto-trading capabilities make it a top choice for beginner investors looking to get started in the stock market.

Vectorvest Features Ratings 4.0/5.0
📈 Charts โ˜…โ˜…โ˜…โ˜…โœฉ
📡 Screening โ˜…โ˜…โ˜…โ˜…โ˜…
🧑‍🧑‍🧒‍🧒 Social & News โ˜…โ˜…โœฉโœฉโœฉ
✨ AI Strategies โ˜…โ˜…โ˜…โœฉโœฉ
🔍 Backtesting โ˜…โ˜…โ˜…โœฉโœฉ
💡 Pattern Recognition โ˜…โ˜…โ˜…โœฉโœฉ
🚦 Trading โ˜…โ˜…โ˜…โœฉโœฉ
💰 Buy & Sell Signals โ˜…โ˜…โ˜…โ˜…โœฉ
🖱 Ease of Use โ˜…โ˜…โ˜…โ˜…โ˜…

Pros

โœ“ Simple to Follow System
โœ“ Specific Buy & Sell Signals
โœ“ Market Timing Signals
โœ“ US, Canada, Australia, & Euro Stocks

Cons

โœ˜ Limited Chart Indicators
โœ˜ Expensive, Especially With Add-ons
โœ˜ Complaints About Data Integrity

What sets VectorVest apart is its commitment to transparency, as it now openly publishes its track record. With such credibility, it is worth considering as a valuable tool for investors.

VectorVest software is straightforward to use because it is designed to promote the Value, Safety, and Timing system. This means they have a minimal variety of stock market indicators; they provide only what is needed to trade within their VST system parameters.

VectorVest RV, RS, RT & VST Stock Rating System
VectorVest RV, RS, RT & VST Stock Rating System

VectorVest has 20 technical indicators and drawing tools, including trendlines, Gann, Fibonacci, moving averages, momentum, RSI, and Stochastics. However, compared to other stock analysis software, VectorVest’s chart analysis selection is very poor.

If you are an experienced technical analyst who wants to perform detailed charting analysis, you may want to consider MetaStock, which has 300+ indicators, or TradingView, which has 160+ indicators.


Summary

The best stock software and app for traders is TradingView, which has excellent chart analysis, backtesting, and screening. Trade Ideas and TrendSpider excels at AI stock prediction and charting. Stock Rover is the best stock analysis and research software for investors. Finally, Benzinga Pro and MetaStock provide excellent real-time trading news platforms.

FAQ

What is the best trading software?

The best trading software for US short-term day trading is Trade Ideas, with pinpoint trading signals up to 65 percent accuracy. TradingView is the best trading software for swing trading across international markets, with robust broker integration and a 13 million active user community.

What is the best free stock analysis software?

Our testing shows the best free stock analysis software is TradingView, offering 14 stock chart formats and 250+ filterable indicators and financial criteria for professional stock technical analysis across the global markets.

What charts do professional traders use?

Most professional traders use Candlestick charts, but Heikin Ashi, Renko, and Point & Figure charts are also used. For trading stocks, professionals use proprietary L2 direct market access brokers and AI-powered software like Trade Ideas. For retail investors globally TradingView is a good alternative.

Which stock app trading platform is best for beginners?

The best stock app for beginners is TradingView, as it provides a vibrant trading community to help you learn and easy-to-use free tools for trading, charting, and screening for all global markets.

What is the best trading platform in Europe?

The best trading platforms in Europe based on trustworthiness, reliability, and price are TradingView, Interactive Brokers, and TD Ameritrade. Contrary to many website recommendations, we do not recommend eToro, or any broker offering CFD or Forex trading.

Where can I practice stock trading for free?

Most brokers allow you to practice stock trading for free using paper trading, but they are usually restricted to one country. If you want to practice trading stocks, Forex or Cryptocurrency for free across the global markets, then we recommend TradingView'sย free paper trading system.

What is the best desktop stock trading software for PC?

The leading downloadable desktop stock trading software for the PC is MetaStock, TradingView, and Trade Ideas. MetaTrader and Ninja Trader are also popular for Forex and Futures trading.

What is the Best Computer for Stock Trading?

You do not need a powerful computer to trade stocks as modern stock software runs in the cloud, relieving the burden of processing from your PC. However, you will need the latest generation of processors if you run trading software on your PC and process a lot of data locally with software like MetaStock or Optuma. I do, however, recommend multiple monitor screens for all stock trading.

Barry D. Moore CFTe
Barry D. Moore CFTe
With a wealth of experience spanning 25 years in stock investing and trading, Barry D. Moore (CFTe) is an author and Certified Financial Technician (Market Analyst) recognized by the International Federation of Technical Analysts (IFTA). Notably, he has also held executive positions in leading Silicon Valley corporations IBM Corp. and Hewlett Packard Inc.

61 COMMENTS

  1. Thank you. I am looking for a technical analysis software for which I can upload prices. Indeed, the securities I wish to analyze are not listed. By chance, could anyone recommend one? Thanks

  2. These software are really good. The role of Equity makes a huge difference. You have described it in a very simple and easy way that how it works and what are the things that we need to keep in mind. Thanks for sharing this information about Stock. Subscribed!

  3. Thanks, Barry for writing this. I enjoy reading the article. Many things are described so well which helps me to understand the topic so eaasily. Great work.

  4. Hi Barry, came across your Top 10 Best Stock Trading Analysis Software & Tools 2021, what a great review very extensive and informative.

    I’m in Australia and have been investing in Australian shares now for over 20 years but only as a part time and do trade two or three stocks a year and was looking to investing more time and money and was wondering if you can recommend a system that can give me a buy and sell indicator to help me become more successful at investing in mainly Australian shares with some US and possibly crypto currency.

    I look forward to your reply.

    Regards
    N Mikhail

  5. Hello Barry, I’m extremely new at trading and only have $2000 set aside to get started. What can you advise me? I’m willing to invest $30/month in on of the system you reviewed but it’s a bit intimidating and overwhelming. I currently have tradingView the free version. I’m not sure how the pick the right stock prediction program. Thanks

  6. Hi Barry, thanks for the terrific article. Do you have any advice about TrendTraderPro being used on the Tradingview platform? Also, Iโ€™m looking at purchasing a new laptop and going to a MacBook Pro – can you give me your feelings on Windows vs. IOS based technology for trading.

    Thanks Barry, your thoughts would be appreciated.

    • Hi Randy, I had a look at trend trader PRO, they do not have any published audited results for their indicator, and $1,500 seems expensive. For that money you could looks at Trade Ideas [https://www.liberatedstocktrader.com/trade-ideas-review/] who are registered with SEC and provide fully audited results, on their website and in the app.
      On the question of PC vs MAC, Mac will restrict you from using TC2000, Trade Ideas or MetaStock (unless you use parallels). With a PC you can use all stock software.
      I hope this helps.
      Barry

  7. Hopefully in your next round of reviews if you can include following softwares that should include all the universe of best analysis softwares such as: Multicharts; Amibroker; Metatrader 5; StrategyQuantX; Quantconnect; Quantopian; Smartquant; TradingBlox.

  8. Where does IBD and its various offerings fit into the equation? Thanks, very useful info here!

  9. Just signed up for TradingView. How do I connect with your website through it and take advantage of your generous offer?

  10. I am Raj Kumar. And I liked your post very much. I hope this post of yours will be very useful for everyone.

  11. Which software is better for the country like India, Bangladesh, Pakistan, Nepal here the need of trading software is growing?

  12. Hey, really cool article.
    I was just wondering though how Ninjatrader compares to Metastock in terms of automated trading.
    Also, what do you think is the most comfy automated trading platform?

  13. Barry, amazing analysis! Which provider or platform you would recommend for automated robot of mechanical trading system developed by me ? Thank you

  14. Hi Barry appreciate the extensive detail you went into. What initially brought me here is I’m seeking quality equivolume charts. I see you’ve got tradingview listed as a possibility. They’re my main source for charting and would love to use equivolume on their platform. Unfortunately I haven’t been able to find anything about it on their main site. Do you know where to direct to me to or have other recommendations for equivolume charts? Metastock definitely looks interesting. Looking for crypto support though.

    May be too much of an ask for equivolume AND crypto. Still would greatly appreciate any input on the situation.
    Thanks, Dylan

    • Hi Dylan, thanks. From the vendors I reviewed, Equivolume is available in tradingview premium, metastock and quantshare. I studied equivolume but never found a great use for it as it makes it impossible to draw trend-lines because the bars change width. I guess you have a nice system based on it. Best of luck with your trading. Let me know how you get on.
      Barry

  15. Barry-thought Vector Vest would have scored higher in most areas, their ranking system is so simple & efficient. Will def. look at tradingview and tc2000, any input would be appreciated.-Eric

  16. Hi Barry-I just signed up for the 30 day trial for TradingView Pro+ and found that they donโ€™t provide forward PEs. Probably one of the most important fundamental indicators used to evaluate a company. Any idea why they wouldnโ€™t provide that โ€“ or do they and I just canโ€™t find it? Also, what do you think about StockRover? No realtime data feed so not optimal

  17. I like IBโ€™s platform. Not really a fan of Tradestation, as its platform feels a bit old and clunky.

  18. Just a couple of questionsโ€ฆdoes 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 โ€œPayflowโ€ 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 โ€œFREEโ€ 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 โ€œcontact supportโ€ button. If you still have trouble, send me an email with your tradingview user ID โ€“ via โ€œContact Usโ€ and I will drop my contacts a message. Alternatively, metastock is also an excellent option and better configurable for multimonitor setups.

  19. 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, itโ€™s reasonably priced (i.e., itโ€™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 itโ€™s well-designed programming language (AFL) if you are to make full use of it, but the same can be said for TradeStationโ€™s Easy Language. Again, thanks for the reviews of some very promising software.

  20. 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 donโ€™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 โ€“ so you have a great understanding of investing and technical analysis โ€“ then if you want a trading room later using your own software โ€“ much cheaper go for that.

      Its up to you

  21. 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 didnโ€™t have any of my job info. I wrote back and explained I wasnโ€™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 wasnโ€™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 wouldnโ€™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 donโ€™t you make it better instead if threatening people!

  22. I have been using the paid version of stockcharts.com and am curious as to how it compares or ranked and a few of your thoughts

  23. Have you ever evaluated Stockopedia, based in the UK? If not please consider taking a look at themin the future.
    Thanks.
    Ron Wacik

  24. Barry, I just took a look at tradingview and I have been around some years investing, it loooks great, nice find. thanks for the ideas.

  25. You should have listed the also rans and their rating just so we know what were covered and what were left out. Also, perhaps you can do the same for scanners both stand alone as well as part of packages like above.

  26. Hi,

    until now I never used one of these services, but when it comes to screening, how does it work:
    Do I have to put in My own details for a good setup, or is there any (?) software that suggests me its own ideas [many different types you can think of, from classical technical analysis over Elliot-Waves to c-stick patterns]?!
    So when it only comes to this โ€“ screening โ€“ what would you say is the best software?
    Thanks

    • 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.

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