Stock Trading Software Reviews

The worst and best in stock trading software

Jul
14

RightEdge Review

Posted by DeMerchant

With trading system products being around the market for many years, there are some original products that have come a long way. One of which is RightEdge. If you’re unsure whether it is the right program for you, you can read on for a RightEdge review that can help you decide. It is a stock trading software program that allows you to execute your stock strategies right.

RightEdge’s idea-to-execution design just gives you more power in your hands. Its abilities are well disguised behind its simple and easy-to-use interface. Currently, it features advanced charting, and full libraries of technical indicators. Also, it has a pluggable architecture that allows its users to customize the software. Its flexibility allows it to adapt the way you do your work. It makes it possible for you to create trading systems in C#, and even in Visual Basic. No worries though for the non-programmers – this system also allows you to do drag and drop of objects for your program. You can then back test the system so you can have a good view of its profitability and allows you to make some changes for full optimization. The best part is, you can easily connect to your broker and execute the program in live mode so it will feel like a fully-automated and real-time trading.

Despite the fact that most software has shortcomings, this is where you can benefit the most from RightEdge. It uses real and compiled languages to build your trading system such as Visual Basic.NET and C#. Unlike most platforms that use proprietary languages to build a system, you won’t be forced to study a new programming language that you’re not comfortable using. Also, you can opt to build your system in a real developing environment and later on, bring your code back into the RightEdge program for full testing and execution. With its easy access to data, your bar or tick data is not stored on any pre-defined format. You can have full control over your data and how you want it to be stored. Whether you want it to be in a high performance binary data store or in an MS Access database, it wouldn’t matter. It also features a great flexibility for your query language and you will be able to export these data to any format you like.

It is also broker independent, and data independent so you wouldn’t have to worry about rebuilding your system should the time comes for you to switch tool sets and infrastructure. Keep in mind though that your data provider and broker fees are charged separately. If you’re concerned about the security of your data, RightEdge can handle that for you. It has a compiled library that is compatible with commercial grade obfuscators, so you wouldn’t have to worry about keeping your blueprints and data safe. Its implementation is also completely service independent. You don’t have to conform to any of your broker’s rules just to get access to this trading platform.

Quick Feature Overview:

ü  Elegant and easy to use Graphical User Interface

ü  Has built-in indicator technical libraries including Bollinger Bands, Stochastics, etc.

ü  Get historical data from Yahoo, Google, or MSN Moneycentral

ü  With built-in risk evaluators

ü  Dockable and floatable windows for easier viewing

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.

Jul
20

NeoTicker Review

Posted by DeMerchant

NeoTicker is a real time technical analysis platform, which is robust and focuses on advanced technologies. It provides an edge in terms of simplicity, flexibility and scalability. It provides a competitive advantage to traders as it is far ahead of its peers in terms of technology and innovative solutions.  There are so many features in built in it that it almost guides the user towards profit. It is a versatile trading stock trading platform that can be highly customized to fit any trading styles and save you time in making your real-time trading decision. NeoTicker can also be integrated closely with other applications like Excel thru DDE linkage, or ActiveX and together they help in solving many real time complex problems.

NeoTick not only computes and graphs for traders in real time, but can also generate tick indices for any grouping of stocks one chooses. Thus obtaining a TICK index specific to the S&P 500 stocks or to semiconductor issues is no longer a dream. NeoTick also makes many other dreams come true. Built-in formula language which can be used in quote window, create indicators, trading systems, scans, etc. are both easy to use and customizable thus making long complex problems look child’s play. Continue reading “NeoTicker Review” »