It is significant to look for day trading software that provides a brilliant trading platform with all the tools that you need to make the best possible trades, when you are choosing a day trading software package. Also, you should pay attention for a program that offers entrée to real-time market information and the option to obtain personalized alerts. Also, the best day trading software will give access to a range of markets.
We have done some extensive research on day trading software. In this article we will show you the top 3 recommendations for the best day trading software available:
eSignal’s day trading software is on the first place for its excellent analyzing and charting capabilities, flexible pricing structure and unparalleled mobile applications. This software could be mainly attractive to those who are by now familiar with eSignal’s popular data streaming technology.
Tools/Charting: In order to support day traders with stock analysis, charting and scanning – this software option provides the very best tools available. And all of the eSignal charts are totally customizable and able to support many indicators, which includes distribution and accumulation, momentum, MACD, volume. Besides allowing entrée to the basic data feed, by purchasing eSignal software it allows users to entrée a large selection of more advanced data options.
Resources: For your examination, this software provides a lot of educational material, including trading education, seminars, forums and newsletters. Also, there is the option to purchase an additional software product which is called eSignal. Learning in order to help you advance your knowledge as a day trader.
Second place goes to MultiCharts for its charting options and abundance of tools and its ability to work with many data feed services. Also with information from multiple data feeds this software allows users to create charts and can perform automatic trades with numerous popular trading platforms. MultiCharts offers a range of pricing options unlike many of its competitors, so you can decide the software package that fits your needs and also your budget.
Tools/Charting: MultiCharts receives enthusiastic reviews for its highly and excellent customizable charting capabilities, which includes 3D charting. Also, this option offers a wide selection of tools in order to help with strategizing, drawing, managing data and back testing. Advanced analytics and custom alerts are also available through this software.
Resources: The resources for this product aren’t mostly plentiful, though MultiCharts does provide a few tutorials and online forum which provides information about its product.
Third place goes to NinjaTrader for its compatibility with many popular data feeds, easy-to-use interface and affordable pricing.
Tools/Charting: The control panel for NinjaTrader is appetizingly simple compared to that of many of its competitors. And its streamlined approach lets you to easily keep track of all your executions, strategies, accounts, positions, and much more. Also, the charting options for this software are highly customizable and comprehensive. Additionally, this software provides a number of free features that you could find useful, which includes real-time market scanning and automated trading.
Resources: This software offer live training online together with a video library in the support section of the NinjaTrade website.Read More