Stock Trading Software Reviews

The worst and best in stock trading software

May
09

StormTracker Review

Posted by DeMerchant

Simply put, Stormchaser Technologies’ Stormtracker is considered as an above average automated trading software   that can decently deliver a good performance to experienced traders and dealers. The platform offers an  industry standard stock scanner that can watch out for multiple symbols in real time, several features for back testing, and an impressive execution platform that automatically feeds from scanner. Reliability wise, the people behind the software made sure to come up with a product that can let users practice their investing prowess comprehensive and independently.

Among the good points of Stormtracker lie on is its transparency. The software does not promise users to have improved trading performance in the market as conveniently as that, but it guarantees tools that can organize personal trading systems efficiently. The scanner, for one, provides an acceptable number of analytics to configure. Users basically can experiment on their buying, selling, and holding decisions by changing factors such as time frames and complex market situations. Not many software priced at the same range can deliver as many as about 100 studies to configure and play with.

Determined to prepare investors in making the wisest trading decisions, Stormtracker maintains a focus on historical back testing, an activity that some brands call investing practice. Compared to its fellow software however, Stormtracker is set in an environment that seems to always remind users to think critically and avoid messing up in spite of the awareness that everything is just a simulation. The software’s capability to instantly apply the mock trading system to a real-time trading platform perhaps is one of the pressing reasons why this is the case. Anyhow, the quality of Stormtracker’s back testing platform is good enough—it generates reports promptly, allows users to compare their trading examinations, and is capable of holding several frames simultaneously. The success of a software production most of the time relies on the alliance that the manufacturer established with several industry partners. Stormchaser Technologies knows how to play the game. In comparison to other brands, Stormtracker is highly compatible to the key players of the market. Supporting its quote feeds are the likes of Realtick and IQFeed, while enabling adaptability in its platform are leading online stock enterprises Interactive Brokers, TerraNova, and EchoTrade.

A Stormtracker review will tell you that the creators designed the software for technology savvy and experienced dealers and traders. Addressing problems in troubleshooting is a comprehensive FAQ section in their website. The problem, however, is that some questions on special cases are not answered by the site. Not a few prospective buyers are pissed off with the quality of Stormchaser’s customer service assistance, especially in regards with pre-sale product inquiries. The company does not offer a hotline number and instead ask present users to contact a customer support through email. In other words, the guys up there are geeky and snobbish— characteristics quite justifiable for an intelligent company seeking the attention only of intelligent buyers who know how to read. Investors and traders can survive and succeed in the market without software such as Stormtracker. In today’s fast paced trading environment, however, people need to automate their trading decisions, if not perform a back test in these decisions. Performance wise, the software deserves a high rating, especially in its user-friendly interface and documentation. Asking for an initial investment without trying hard to up-sell, the product appropriately speaks for the tag price it bears.

You may .
Leave a comment or Subscribe to Comments RSS

Add A Comment