Is Trade Ideas the Best Stock Charting Software

Trade Ideas is an advanced stock charting, stock screener, and stock trading app. It combines sophisticated stock scanning tools with AI for insights into the market. It is ideal for active traders looking to analyze the market and find the best stocks for their trading style.

The platform supports strategies like day trading, swing trading, and long-term investing. Trade Ideas is a helpful platform for new traders to learn analysis and find your trading style. The abundance of educational resources helps you understand the powerful tools and develop your skills.

For experienced traders, Trade Ideas provides advanced technical analysis tools and customization options to improve your trading. But is it the best stock charting software? Here is a Trade Ideas review to determine if it is.

Learn More About Trade Ideas

Trade Ideas Key Features

Trade Ideas powerful features a robust set of powerful tools for stock traders of all experience levels. Whether you prefer to dive deep into the data or take a more hands-off approach, Trade Ideas has you covered.

Trade Ideas AI: Holly AI is designed to scan through a comprehensive list of stocks, using pre-set trading strategies to conduct real trades on the user’s behalf.
Charts: Trade Ideas has significantly expanded its charting capabilities, transitioning from simple and simultaneous chart visuals to a more comprehensive offering for traders.
Pre-Built Stock Scans: The Trade Ideas stock scanner is the heart of the platform. Featuring customizable and pre-built scans, you can set just a few configurations and begin scanning immediately.
The Oddsmaker: This feature gives you the ability to backtest strategies. This backtesting tool allows users to assess the effectiveness of a specific trading strategy by applying it to past financial market data.
Brokerage Plus: Trade Ideas Brokerage Plus takes trading one step further by enabling professional traders to define their day trading strategies and trade automatically using real-time data.
Trade Ideas Chat Room: The Trade Ideas (TI) chat room is open on weekdays and free for anyone to join. You can get advice from seasoned traders and ask questions.

Additional Trade Ideas features include but are not limited to

Real-Time Data Visualization: Real-time stock racing takes data visualization to the next level. This unique feature simplifies finding stocks with momentum.
Pre-Built Scans: The Market Explorer gives you access to pre-built scans to find stocks meeting your criteria.
Simulated Trading: Practice makes perfect. Trade Ideas’ simulated trading feature lets you test strategies before using real money.
One-Click Trading: The one-click trading feature enables users to trade stocks directly within any chart window.
Integrated News Feed: Keeping up-to-date with thousands of stock-relevant news and newsletters is crucial for making informed trading decisions.
Compare Count Window: The Compare Count Window feature in Trade Ideas enables users to compare any two strategies side by side visually.
Full Quote Windows: The full quote windows provide users with data relevant to a stock’s price.
Channel Bar: For traders seeking an efficient way to set up their Trade Ideas platform, the Channel Bar is invaluable.

Trade Ideas Pricing

When considering Trade Ideas pricing, you have two straightforward subscription options.

Standard Plan ($84/month, $999/year)

The Standard Plan provides a standalone Trade Ideas platform, including 10 charts and 10 price alerts to discover trading opportunities and monitor the market. You’ll also get visual trade assistance to help identify entry and exit points.

Trade Ideas Premium ($167/month, $1,999/year)

The Premium subscription gives you access to Trade Ideas’ full suite of tools with 20 charts, 20 price alerts, and AI-powered robo-advisor Holly. Holly can analyze the market in real time and provide trading suggestions to help maximize your profits. Premium also includes the online Brokerage Plus integration and investment newsletters.

Who is Trade Ideas Best For?

If you’re an active trader looking for a robust stock charting and analysis platform, Trade Ideas could be an excellent choice. Here are some of the types of traders Trade Ideas is ideally suited for:

Day Traders: Trade Ideas provides day traders with real-time data and quick decision-making tools for active trading.
Swing Traders: For swing traders looking to capitalize on market fluctuations and price trends, Trade Ideas offers powerful technical analysis features.
Algorithmic Traders: With advanced tools like Strategy Builder and Brokerage Plus, Trade Ideas is well-suited for traders who prefer automated algorithmic trading
Traders Interested in AI: Trade Ideas incorporates an artificial intelligence engine called Holly to suggest potential stock trades based on your criteria.
Traders with Limited Time: If you have a busy schedule and limited time to monitor the markets actively, Trade Ideas offers valuable tools to save you time.
Traders Seeking Education and Community: Trade Ideas offers an extensive library containing educational resources through TI University and a moderated chat room to interact with fellow traders.