Watch this space. Usually, you’re likely to spend long hours waiting for setups to materialize. On top of that, you get free one-on-one training and unlimited alerts per month. Customizing the charts fully to your own personal preference is so easy with TrendSpider.

It has everything the PRO plan has and, in addition, includes after-hours and pre-market data, OTC, Forex, and Futures data. Perhaps what drives a lot of the innovation behind TrendSpider is that it is trading software designed by traders, for traders. What’s more? Obviously, they aren’t the only system out there that offers alerts to a customer’s phone or email. TrendSpider was founded in March 2018 following close to 2 years of market research, product design, and beta testing. Only at the ELITE plan will you find the full range of data sets. TrendSpider Review. A wide range of customization options helps you to only go for the alerts that matter. For instance, when a stock you are tracking touches a support or resistance level that you are planning to act on, as well as other stipulations being fulfilled, you will be notified. TrendSpider then shows you the trends that can be identified in a particular asset you are looking to trade, be it stocks, forex, cryptocurrencies, futures, ETFs, etc. However, it’s worth keeping in mind the fact that under the PRO plan you only get 3 data sets these being cryptos, ETFs, and stocks. The star of Trend Spider is that it has this built-in ability to locate hidden trendlines which would, otherwise escape unnoticed. This seems like a breakthrough to traders looking for a dependable program. Of course, we would have wished to see them generate more educational content but so far so good.
TrendSpider’s automated charting platform is designed to accompany the charting and analysis an average trader may do by hand, albeit a lot quicker and with far greater accuracy. It’s true that not every trading software offers a social aspect or news service. This package costs $213 per year. Yet another thing we’d like to note about this service is that their charts are quite comfortable to use and highly intuitive. TrendSpider also offers backtesting, which can be an effective way to fine-tune your trading strategy. This is a fantastic package to go for especially if you want to limit your focus to US stocks, ETFs and cryptos.
Another downside is that you don’t get phone support which for now is a preserve of those with paid accounts. when the stock prices bounce off a trendline and so forth.

In addition, TrendSpider’s AI-powered system detects trend lines instantaneously and automatically, including finding hidden ones that you may otherwise have missed. Almost all charting platforms on the market utilize the popular binary criteria e.g. What’s more? Automated Analysis. He worked as a professional long/short equity trader for a trading firm in New York and has a passion for building mechanical trading strategies. And by using its lineup of settings, you can have an easy time evaluating different trendlines and also identify the most compelling ones. What’s more? About TrendSpider TrendSpider was founded in March 2018 following close to 2 years of market research, product design, and beta testing. In our view, the software is well made and their charts are among the best that we’ve come across so far. May 4, 2019 by James Kelly Leave a Comment. Critics have argued that these charts by themselves are worth the cost of the monthly or annual membership plan. For instance, besides providing you with easy-to-use charts, they also provide some awesome technological input through machine learning. Tim Grittani is a day trading superstar infamous for turning $1,500 into $6 million within eight years. The company’s ‘Standard’ plan comes with up to ten monthly backtests, while it’s Elite’ plan offers unlimited monthly backtests. Dynamic price alerts differ from static ones in the sense that they are based on the price action recorded on a dynamic price area. The software’s backtesting tool allows you to test any trading strategy against historical data, which is then programmed into an alert, will notify you when these same conditions arise again and allow you to be able to take advantage of this potentially lucrative opportunity the next time around. This system, however, does that for you so you don’t have to rely on our eyes.That’s just but a tip of the iceberg. Users can also have their watch lists and alerts e-mail to them daily for free. It’s pretty obvious that Trend Spider is a highly accurate system all thanks to its built-in scanning and identification abilities. The only way to know whether or not this site is worth your bucks is by playing with its awesome features. They still have some ground to cover on this front, though. Hi There - We're a newer company, so we don't have a ton of users here on r/investing.But if you want, I'd be happy to give you a one on one demo and show you around the tool and point you to some other reviews we do have around the web..you can find them by googling "TrendSpider … The first one is actually a 7-day trial plan which enables you to get a feel of how the system works. Press question mark to learn the rest of the keyboard shortcuts. Value Investors take a closer look at Stock Rover since they allow to download 10 … I also like how it can help take some subjectivity out of charting by holding you to its strict criteria.

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