Stock Trading Software For Stock Trading

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Stock Trading Software For Indian Stock Trading

There are those people who say a day trader is only as good as his charting software. While that’s debatable, it’s certainly true that a key part of a trader’s job involves interpreting data on a screen; in fact, day trading wouldn’t exist without stock trading software and electronic trading platforms.

Most brokerages provide stock trading software program, armed with a selection of alternate, research, stock screening and evaluation functions, to individual customers once they open a brokerage account. Let me provide you with an overview of best stock trading software in India for stock trading.

The Best Trading Softwares are:

MetaStock:

One of the most popular stock trading software applications, MetaStock offers more than 300 technical indicators, built-in drawing tools like Fibonacci retracement to complement technical indicators, integrated news, fundamental data with screening and filtering criteria, and global markets coverage across multiple assets: equities, derivatives, forex, futures, and commodities. Both its MetaStock Daily Charts Subscription and its MetaStock Real Time packages (especially geared for day traders) include its highly praised stock charts software.

Worden TC2000:

if you are interested solely in the USA and Canadian stocks and funds, then TC2000 gives an excellent answer. features consist of stock charts, watch lists, signals, on the spot messaging, news, scanning, and sorting.TC2000 offers fundamental data insurance, more than 70 technical signs with 10 drawing equipment, and an easy-to-use trading interface, as well as a backtesting function on historical records. It does no longer, however, provide computerized buying and selling equipment, and asset lessons are limited to stocks, budget, and ETFs.

Zerodha Pi:

PI is the Software based trading platform developed by Zerodha wherein you can install on laptop or desktop. Zerodha Pi – A next-generation trading platform having many features such as integrating charting with up to 50,000 candles.10 different types of charts with 80 built-in technical indicators and over 30 drawing tools for annotation. Trade directly off charts with a single click or by drawing target lines!

eSignal:

Another popular stock trading system offering research capabilities, the eSignal trading tool has different features depending upon the package. It has global coverage across multiple asset classes including stocks, funds, bonds, derivatives, and forex. eSignal scores high on trade management interface with news and fundamental figures coverage, and its stock charts software allows for a lot of customization. Available technical indicators appear to be limited in number and come with backtesting and alert features.

NinjaTrader:

An integrated trading and charting software system, providing an end-to-end solution from order entry to execution with customized development options and third-party library integration compatible for 300+ add-on products, NinjaTrader is one of the commonly used research and trading platforms. It’s especially geared to futures and forex traders. While not a free trading platform, costs can be as low as $.53 per contract, and commission rebates are not uncommon. Apart from the usual technical indicators (100+), fundamentals, charting, and research tools, it also offers a useful trade simulator, enabling risk-free trade learning for budding traders.

Wave59 PRO2:

Offering advanced level products for experienced traders, Wave59 PRO2 offers high-end functionality, including “hive technology artificial intelligence module, market astrophysics, system testing, integrated order execution, pattern building and matching, the Fibonacci vortex, a full suite of Gann-based tools, training mode, and neural networks,” to quote the website.

EquityFeed Workstation:

One prominently highlighted feature of the EquityFeed Workstation is a stock hunting tool called “FilterBuilder”– built upon a huge number of filtering criteria that enables traders to scan and select stocks per their desired parameter; advocates claim it’s some of the best stock screening software around. Level 2 market data is also available, and coverage includes OTC and PinkSheet markets. However, it offers limited technical indicators and no backtesting or automated trading. Its product-specific search tools like ETFView, SectorView, etc. rank among the best stock screening software. And it even offers free trading platforms – during the two-week trial period, that is.

ProfitSource:

targeted at active, quick-time period investors with precise access and exit techniques, ProfitSource stock trading software claims to have an area with complex technical indicators, mainly Elliot Wave analysis and backtesting capability with greater than forty+ automatic technical signs constructed in. Its asset class coverage spans throughout equities, forex, options, futures, and price range at the global level.

VectorVest:

With trading platforms and trading software that cover different geographic regions (for the U.S., UK, Australia, Canada, Singapore, Europe, Hong Kong, India, and South Africa), VectorVest is the one for the intercontinental crowd. Its program offers comprehensive coverage for common technical indicators across major stocks and funds all around the world. VectorVest also offers strong backtesting capabilities, customization, real-time filtering, watch lists, and charting tools.

INO MarketClub:

For users specifically looking for charting and trading software, INO’s MarketClub offers technical indicators, trend lines, quantitative analysis tools, and filtering functionality integrated with a charting and trading system – not just stocks, but futures, forex, ETFs and precious metals.

Bottom Line is any trading software you use it all depends on the person who uses it and how they use it.
Wise person one said IF YOU HAVE THE POWER OF LEVERAGE THEN USE IT WISELY.

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Yatharth Joshi is the Chief SEO Expert and the Founder of ‘Hot Favour’. He has a very deep interest in all current affairs topics whatsoever. Well, he is the power of our team and he lives in Mumbai. Who loves to be a self dependent person. As an author, I am trying my best to improve this platform day by day. His passion, dedication and quick decision making ability make him stand apart from others.

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