![]() The TI charts, on the other hand, are quite simple. The charts are highly advanced, easy to customize, and above all compatible with popular technical indicators. In fact, the TrendSpider charts are browser-based means you can access them in real-time even when you’re away from your laptop. If you like studying charts, drawing projections, and loading different indicators, TrendSpider provides you with a superior choice. TrendSpider doesn’t offer you that flexibility and so far, there’s no word on whether this is something they’re considering providing for their clients any time soon. So far, only Trade Ideas seems to have addressed this issue through their recent integration with Interactive Brokers. Unfortunately, there’s no way you can auto-trade unless your stock screener is directly linked to your brokerage account. And that’s why autotrading is so important. The amount of time spent between receiving trading alerts and executing the actual trade can be the difference between success and failure. They are fierce rivals meaning if you look closely enough you’re bound to notice a couple of differences setting them apart. These two screeners may have a lot in common but they certainly aren’t Siamese twins. One thing we absolutely love about this trial is that it gives you access to all the basic features of the system without you having to commit any cash. TrendSpider, on the other hand, provides you with a trial that’s limited to the 7 first days after signing up. This is an unlimited trial period that also comes with free in-house training. Trade-Ideas’s trial enables you to keep track of real-time streaming trade ideas, although this stream is delayed by 20 minutes. And the good news is that these two platforms have free trial windows available. ![]() So, it makes sense to insist on getting a free trial before splurging. Likewise, TrendSpider provides you with a strategy tester that enables you to tap into 20+ years of historical data.Īnd the best part is that in both cases, you won’t need to write a single line of code to be able to do this. TI particularly provides you with the OddsMaker backtesting module which is an event-based tool. You simply simulate using historical data.īoth TI and TrendSpider provide you with this functionality. Backtesting Functionalityīacktesting gives you a chance to simulate your trading strategy without risking real cash. And we’re glad to confirm that both Trade Ideas and Trendspider provide you with timely alerts sent via email, SMS, and in-app notifications.Īnd the best part is that you can configure the alerts without having to write a single line of code. So, how do you choose between the many different stocks available? How do you ensure that you react to stocks news updates before everyone else in the market catches up? ![]() Alerts ServicesĪs a trader, you’re confronted with tons of data at any given time. So, indeed, these two platforms are all about making life easier for day traders. Plus, there’s also a wide range of cloud-based features provided giving you the power to control things even while you’re on the move. TrendSpider, on the other hand, provides you with the power of automated charts. Plus, Trade Ideas provides you with fully automated trading thanks to its integration with Interactive Brokers. They provide you with automated alerts that you can set up based on your unique criteria. Automationīoth platforms are designed with the busy trader (with a job to keep) in mind. If we focus on the specifics, the following are the key features shared across the board. The biggest similarity between these two platforms is that they’re both awesome.
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