Monitoring software stock

For many years now, TradeStation offers a stock analysis and trading software tool. They provide one-click trading, extensive charting capabilities, zero-commissions trading and great support.

Twenty years ago, TS was the market leading software tool for any backtest enthusiast. Now it is mainly a brokerage company. Like TC, also Tradestation aims to get new customers into their brokerage division. The current name of their stock analysis software is TradeStation Analytics. Some data feeds are included if you are a brokerage client. The software is compatible with all major Microsoft Windows versions and one of the best investment apps for investors because of the zero commission on U.

It is also available as a web-based platform. There is also a mobile app compatible with Android-based devices, iPhones, and iPads. How to get free stocks from TradeStation, you may ask.

Currently, they do not offer free stocks as Robinhood and Webull do, but they have an excellent downloadable trading platform that you can use for free. Do you remember the example from the beginning about the 50 years history of data points? Well, TradeStation offers this. Such EOD and intraday data are available for equities and futures. E Trade is an all-in-one brokerage solution for investors and traders.

You can manage trading activities, plan for retirement, invest, save and borrow with your E-Trade accounts. The web-based platforms can be opened everywhere, and the mobile app is available for iOS and Android. But there is an excellent feature only active traders know of. It is an installable software for Windows, and active traders often prefer to use it for faster trade executions.

But their trading software for Windows itself is ultra-cool. It will be hard to find to search for functionality that eSignal cannot provide. In exchange, you gain access to one of the best stock analysis software tools ever. Long data history, excellent data points, fast data, and many other high-end features are waiting for you. You can use extensive charting functionalities and code your own indicators and strategies. You can view up to symbols at the same time in the Signature Package.

If you are starting day trading, then eSignal is not for you. If you are in this business for a while looking for a high-end tool that suits your need, then you should have a look at my extensive eSignal review. It covers all the things from functionalities, costs, advantages, and disadvantages.

With more than , users, NinjaTrader is one of the market leaders in the free stock analysis software segment. NinjaTrader is free as long as you do not need the live-trading capabilities NinjaTrader provides.

There are so many cool features that I crafted a detailed NinjaTrader review. It provides you a great look at this trading software tool from the inside. I have coded hundreds of indicators and trading strategies in NinjaScript, which is based on the programming language C. I bought this software many years ago, and I am still convinced that it is one of the best stock analysis tools. However, compared to Trade Ideas Pro, NinjaTrader is a bit more challenging for trading strategy creation.

Instead, you have to learn C and go through all the detailed help guides NinjaTrader provides. But it is worth the time! However, you need to consider that exchange data costs extra. If you have an existing data-feed subscription with a compatible brokerage or data provider, you can use the existing data feed by connecting it with NinjaTrader.

The top 11 for the best technical analysis platforms and stock trading software solutions are powerful. But there are some more solutions out there that I want to mention. They serve a specific niche of investors and traders and have products specifically designed for specific purposes. Portfolio has an exceptional backtesting engine for stock- and ETF investment strategies. Customers have access to 20 years of data for stocks and even a bit more for exchange-traded funds.

FactSet provides the data for Portfolio Thousands of North American stock are supported, and they plan to provide global data soon. The impressive feature is that over 70 pre-configured investment strategies are integrated, and users can backtest all of them. It takes you only a few seconds to verify how the strategies performed. I go into detail about the functionalities within the Portfolio review.

Portfolio is not for traders. It is conceptualized for investors, and it is possible to use hundreds of integrated filters to create investment strategies based on fundamental data and technical analysis. VectorVest is a portfolio management- and stock analysis software. The basic layer is VectorVest 7. VectorVest is meant for experienced users and is within the premium pricing segment. I wrote a separate VectorVest Review about the features.

Unclestock is a fundamental stock screener with 25 years of data for U. Worldwide, an incredible number of 77, stocks is supported for research, screening, and backtests based on over technical and fundamental indicators and data points. Score models like Greenblatt, Piotroski, Altman Z, Beneish M and several intrinsic value models are integrated and ready to use.

In addition, TradingView charts are integrated within the platform, along with news, key fundamentals, company information and more. The free tutorials and documentation of hundreds of scores are available on the website.

Everything is well explained, linked, documented and helpful to understand financial figures much better. Designed for day traders, Benzinga Pro delivers real-time market-moving news to give you a trading edge. Additionally, a news squawk box, direct access to the news desk, and real-time charting and scanning complete the service.

Visit Benzinga. The stock program itself is stable and elegant, offering you the opportunity to set up multiple workspaces and monitors to suit your needs. Benzinga is also adding new functionality all the time, and it is a platform that should grow with your needs. Benzinga Pro is the best for scanning and screening the news, but it can also screen for technical and fundamental data. There are also 23 market scanning criteria available, including volume change, relative volume, and short interest.

A block trade is a massive amount of stock either bought or sold. Block trades impact price, and you have the option of taking 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. Core to the Benzinga Pro service is access to the real-time newsfeed, which updates quickly and effectively. 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. For example, you can select to be alerted via email or a desktop pop-up and sound if any hot news or market-moving news is announced.

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 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 2 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. Imagine chatting directly with the analyst or reporter that submitted an article.

This feature allows you to do just that by directly questioning the Benzinga news desk to dive deep into your specific questions straight from the news hub. The news team also highlights what they believe to be important news via the sentiment indicators only for Benzinga Pro Essential users.

Benzinga Pro also has a very active user community, with eight live-chat channels and a Benzinga TV channel featuring Benzinga studios live broadcasts. Benzinga Pro has dramatically improved its technical analysis charting over the past few years by integrating a cut-down version of TradingView our review winner.

The TradingView integration offers indicators, real-time stocks charts, and seven chart types, including bars, candles, Heiken Ashi, Line, Area, and Baseline charts. You can now draw on charts and perform solid technical analysis. Sentiment indicators are an excellent feature that allows you to see the sentiment of the analyst who submits the news item; you see this in the color of the ticker symbol; red is bearish, green is bullish; this is unique and a great asset.

It is designed to give you a clean, quick view of the whole picture for a given stock. This includes all the core financial documents like balance sheets and important income statement information. The main functionality missing from Benzinga Pro is the ability to perform any backtesting or automated trading. This trading software is not for algorithmic or system traders; it is designed to deliver tailored market-moving news fast. I have been using Benzinga Pro for five years now; the news platform is exceptionally configurable and can run in multiple windows on multiple monitors.

In the screenshot below, you can see how I have my Benzinga Pro interface configured. Benzinga Pro is extremely powerful yet easy to use, which is often a delicate balance to strike, and to top it all off, they have also now added real-time price quotes to the service, so you can see when news breaks what the impact is on the stock price.

Yes, Benzinga Pro is worth buying 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 the exclusive features like audio squawk box, chat to the newsdesk, and the powerful calendar suite, make Benzinga Pro worth it.

Free 7 Day Trial. The TrendSpider team is innovating at breakneck speed, and the features they are innovating are unique to the industry with trendline automation, pattern recognition, and multi-timeframe analysis. The Premium plan has multi-time-frame analysis and trendline pattern recognition for stocks, ETFs, currencies, and OTC markets, plus 25 alerts. The Elite Trader Plan includes after-hours and pre-market data, OTC, Crypto, Forex, and Futures, plus dynamic alerts and full backtesting, meaning you can apply the auto trendlines and multi time-frame analysis on many different markets.

The system runs on all platforms, from smartphones to PCs. Packed full of innovative technical analysis tools means that TrendSpider is catapulted to the top of this list. If you are a serious market analyst, then TrendSpider will help you do the job quicker, with better quality, and help you not to miss an opportunity.

The automated trendline detection and plotting do a better job than a human can; using algorithms, the system can detect thousands of trends-lines and flag the most important ones with the highest backtested probability of success. Another great feature is the advanced plotting of support and resistance lines into a subtlely integrated chart heatmap.

The latest innovation from the TrendSpider team is the market scanner, which enables you to scan a specific stock and the entire market for trades matching your technical criteria. Combining AI trend detection and analysis with scanning the whole stock market is a unique advantage. TrendSpider takes a different approach to backtesting.

The platform is built from the ground up to detect trendlines and Fibonacci patterns automatically, meaning it already has backtesting built into the code. The highest probability trendlines are automatically flagged, and you can adjust the sensitivity of the algorithm that controls the detection 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.

You can jump into coding if you want to, but the key here is that you do not HAVE to. Integrated backtesting of automated trendlines, showing win-rate, profitability, and drawdown is a new addition and warmly welcome; the team has propelled TrendSpider into one of the leading technical analysis packages in the industry.

For example, seeing hourly, daily, weekly trend lines plotted on the same chart might be confusing at first. Still, after applying a little effort, you might find you cannot live without them—an excellent score on usability.

Yes, TrendSpider is worth buying if you are a stock trader who wants to utilize cutting-edge automation for technical stock chart analysis. The automated pattern recognition of trendlines, Fibonacci, and candlesticks, plus backtesting, make it a compelling proposition. 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.

Special Deal: 3 Months for the Price of 1. 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 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. Excellent watchlists featuring company financials and powerful scanning of the markets make MetaStock unique.

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. MetaStock has over stock tools for charting, annotation, drawing trendlines and indicators; the broadest selection of technical analysis tools on the market today.

Innovative additions to MetaStock, like Foreign Exchange forecasting based on market sentiment, are exceptional. This makes MetaStock our recommendation for the best technical chart analysis software.

This is a unique differentiator from the competition. The most significant addition to the MetaStock arsenal is the forecasting functionality, which sets it apart from the crowd. MetaStock has over computerized stock market systems called Expert Advisors. 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.

You can even use artificial intelligence-like functionality to test a set of variables within your backtesting. Fuzzy logic is an incredibly powerful feature that is often overlooked with MetaStock. The most significant MetaStock innovation is the forecasting functionality, which does not exist with any other software. You are then presented with an interactive report which enables you to scan through the many predictive recognizers, which help you understand the basis for the prediction and the methodology.

No, MetaStock is not easy to use because it feels like a collection of separately developed applications that require user education to make them work together. TC has an integrated brokerage, meaning you can trade stocks and options directly from charts. Get TC Free. TC 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.

Endlessly customizable and scalable, the platform offers nearly everything a trader will need. TC is a slick and powerful technical analysis platform, enabling entire US market scanning and screening for fundamentals and technical analysis. You can use the huge library of available indicators and create your custom indicators and conditions without coding.

The service is available for free so that you can try it out. TC 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. If you want fundamentals screened in real-time layered with technical screens integrated into live watch lists connected to your charts, TC is a power player.

TC Easyscan can be set up with a few clicks, and you do not need any coding experience. If you want social community and integrated news, you will need to roll back to TC v With over 70 different indicators, you will have plenty to play with. They have also introduced live alerts that you can configure to email or pop up if an indicator or trend line is breached; very useful indeed. If you want to perform powerful backtesting, then TC 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 support to ask for it. However, StockFinder is no longer in active development, which is a shame because I think it was a very good backtesting suite. Yes, TC is incredibly easy to use, which masks the power of the software. You will be up and running quickly and feel productive in minutes. TC also has a support desk located in the USA and is one of the few vendors you can call by phone and speak with a real person.

Visit Optuma. Optuma is a technical analysis stock charting tool created by Mathew Verdouw, a leading technical analyst.

Optuma is developed for professional technical analysts in financial institutions but is also available to retail investors. Optuma is at the top end when it comes to price. Optuma is squarely aimed at professional traders and wealth managers, as you can see from the price. Their clients are tier one Wall Street investment houses.

But you can still take advantage of their first-class solution. This means, using Yahoo, you can trade stocks with your broker. It is a nice feature, but if you have a brokerage account, you will already have access to real-time data, charts, and quotes and can trade directly with them, so it seems a little redundant but still a step forward. Yahoo finance does provide a news aggregation engine and actually contributes original news via the Yahoo Finance news team.

If you opt for Yahoo Finance Premium, you will get a good selection of analyst research reports. In fact, Firstrade offers free stock trades and research reports from both Zacks and Morningstar. Yahoo Finance can connect to a wide variety of brokers. It can then download your stock position data and then perform analytics on your portfolio, but again you will require the overpriced Yahoo Premium subscription.

However, they do provide reporting on your Portfolio Asset Allocation per industry sector and dividend income reporting. However, Yahoo has climbed from nearly last place to fourth place in this review thanks to their constant improvements. Coming in higher than Google Finance in our review, Yahoo, it seems, can do at least one thing better than Google.

Worthy of consideration is StockCharts. Worth mentioning are the sharp charts, which are visually impressive, and their array of exotic indicators may excite the more advanced investor. One thing to mention, this service offers good Point and Figure Charts, but now that TradingView has added interactive point and figure charting, TradingView is the better option.

Missing trend lines, rolling EPS, and a weak news service do not do it justice. They do also offer, like the other service providers, a monthly Membership service with increased functionality. One drawback is the fact that the charts are not really interactive, this impacts the user experience because you need to keep refreshing the page when adding indicators.

CNN money fares well with all basic indicators available but suffers from only one sub-window and no ability to draw trend lines. Also, the chart is only static, and the non-interactive format becomes highly annoying after a while. Having to continually refresh the page to get new indicators plotted will make the experienced investor growl.

However, on the bright side, you can plot earnings EPS on the chart, which is also a rare advantage amongst its competitors. This means you can essentially sign up for Robin Hood and gain access to the free stock charts and real-time quotes and charts for free.

The only downside is that you cannot really do any serious stock analysis using Robin Hood. Because it is a mobile-first company, the interface is limited to the size of your phone. Mobile-first refers to the fact that Robinhood started only as an app on the phone and not a fully-fledged trading platform.

This means you have to do everything via the phone, including opening, funding, and trading. As Robinhood is a mobile-first company, this means if you trade from your smartphone on the Major U. Finviz used to be an excellent free service, but now it is all behind a paywall. To get access to anything good here in terms of an interactive free charting experience, you will need to pay a handsome sum. Finviz has many fans and some good heatmaps and visualizations, but practically none of it for free.

The integrated stock screener is also limited in functionality and usability; you cannot scan across exchanges for example. Missing a rolling EPS indicator combined with its lack of trendlines takes it out of the reckoning for overall leadership. I really like the ability to plot breaking news for a stock on the chart itself; this is really what sets it apart from the other charting tools. For quickly referencing the global markets and perusing the news, it is an OK service.

For chart analysis, it is useless. Lack of trend lines, moving averages, OBV, and index overlay mark it down heavily. However, with membership, you can get real-time stock quotes. Google finance suffered criminally in the weakness of its charting, scoring 13 out of 28 points. It is not all bad news. The news reports can be overlaid on top of the stock price, which is unique and valuable to the investor interested in how news plays out in the stock price.

There are many free stock charting services available, but only three are worth looking at. If you want a service that will grow with you on your journey, TradingView is the clear winner. The market for Free Chart Services is competitive, but some clear winners offer great free services and additional add-ons for a fee. Ultimately, what you select is down to your needs. But as you mature and your investment pot grows, you will need to seriously think about selecting a Professional Grade Stock Charting Software Package.

Go Pro Now. Each service was rated against 29 different factors. Those tools that offer the most flexibility, usability, functionality, and, most of all, being cost-free made the top The Market Moves Fast.

Join Over 25, Liberated Stock Traders. Leave a message. I will be sure to reply. They want to be paid. Hi, you are correct. I also mentioned it in the article. Hello Barry, there is a new stock charting launched by ChartNexus.

Its now all web-based. Not only they have delayed market data, but they also have fundamental data and user custom alerts available on the platform as well. In addition to that, the chart layout is very much customizable based on users preference.