13 of 17 Best Stock Trading Software for Technical Analysis

techmanga June 27, 2021 0 Comments



List of 18 Best Technical Analysis Software for Indian Stock Market


Let’s explore these stock market software and trading solutions in detail withtheir USPs and key features.Product | USP —|— MasterSwift 2.0| Best for tracking derivatives and equities RichLive Trade | Best for Indian market to do commodity, currency and stockmarkets MetaTrader4 software | Best for forex trading and technical analysis MotiveWave | Best broker neutral software ECG trade | Best for data visualization through charts Investar Stock Trading Software | Best for day trading and NSE stocks eSignal | Best for day trading Spider Stock Trading Software India | Best for end of day technical analysis ShareKhan trade tiger | Best for obtaining swing signals for equities etc. Trader Guide | Best for intraday trading strategies NinjaTrader | Best for managing expirations AmiBroker India | Best for portfolio backtesting VectorVest | Best for stock portfolio management Profit Source Platform | Best for short term traders Algo Trader | Best for quantitative research WinTrader | Best for commodity, currency and stock market segments Angel Broking | Best for trading on NSE, BSE, MCX, etc. TradeV | Best for trading signals for indices The Best Stock Trading Software for Technical Analysis & Buy Sell Signals> USP: Built-in trading tools for tracking derivatives and equitiesMake critical trading decisions using Masterswift stock trading software‘sbuilt-in charting tools and technical indicators. Trusted by professionalssuch as investors, traders and bankers, the software gives access to data ofdifferent types such as historical, fundamental and market.The buy sell signal software for efficient trade execution supportsinteractive dividends, earnings and splits along with detailed chartshighlighting the key financial data. You are further free to use options suchas financial data charts and dividend adjustment charts for better analysis ofpricing patterns and stock prices.Key Features of Masterswift Stock Trading Software in India:Back testing is used for testing trading strategies against the availablehistorical data for effective risk management.This feature analyzes data patterns within trade charts to understand theprevailing market trends.Masterswift integrates with third party platforms such as Excel, .Net, Pythonand Java for semi-automated online trade strategies.End users can expect support from expert advisors for some real-time tradingsignals.Several different types of charts and built-in indicators for trading directlyusing single click option.Scanners for doing online stock trades for the best trading ideas.Historical data of the past years to make wise stock selling and buyingdecisions.* * *> USP: Best for Indian market to do commodity, currency and stock marketsRichLive Trade software is best used for performing technical analysis andcharting of stock markets. The buy sell signal software designed specificallyfor Indian market can thus be used by traders for analyzing stock, currencyand commodity markets. In case you are looking for a package that provides forprofitable trading then opt for RichLive Trade advanced technical signalsoftware.Use the software’s inbuilt technical indicators for analyzing the stock marketand changing your profit ratio. There is something more that you can expectwith the best charting software India. The team of RichLive provides supportthrough its team of experienced trainers to help traders and investorsunderstand as well as analyze the stock market. This is on of the besttechnical analysis software for Indian stock market.Key Features of RichLiveTrade Software:The buy sell signal software provides future predictions based on pastperformances of a stock for more accuracy.Advanced filtering system to help traders pick more than ninety-five percentaccurate buy sell signals with hundred percent protected capital. * Works for All Global marketsRichLive technical Analysis software built by professional traders with yearsof experience in trading. Therefore you will find support for FOREX, AllGlobal Indices, MCX(India), NSE (India) and COMEX (USA) markets. * Advance Software Personal TrainingHaving more than fifteen years of experience in Indian market, forex marketand global market, the team of experts and professionals trains its customersto help them build up their money.Call facility is designed to ensure that customers trade fearlessly by givingthem accurate jackpot trades on the basis of fundamental, technical andnumerological strategies.Upgrading is a necessity these days for as demand and market behaviour isconstantly changing. Update are regular and free to give all its end users arobust software functionality. * 24/7 Dedicated Expert Support for LifetimeSupport is our first priority and we ensure that anytime a customer requireshelp, it is available to them 24/7 forever. * Money Making Trading CourseMoney why a person decides to get into trading. However many fail because iflack of knowledge on money management. Our money making trading course trainseveryone with risk management and money making strategies.Our software can be accessed on all platforms like Android Mobile, Tab, iOS,and Windows desktop for ease in the trading.Scaling strategy designed for those who do not wish to invest much time intrading.This scanner helps trader find out the best trade available in first fifteenminutes itself after the market starts. Trader can get in and exit the tradewithin half and hour earning good profits.* * *> USP: Best for Forex Trading & Technical Analysis

2 of 17 Best Stock Trading Software for Technical Analysis


MetaTrader4 is one of the best Forex trading software used by traders foranalysis of financial markets. The ample number of features incorporatedwithin this auto trading software India helps traders belonging to variedskills levels.The automated trading software in India is best for undertaking technicalanalysis, algorithmic and flexible trading. Aside from these, Mobile tradingand trading signals are other technical analysis tools for Indian stocks usedby traders for analyzing both financial markets and Forex trades.You can also undertake technical analysis of currency pairs in Forex market.The best charting software India allows trading of all currency pairs such asMajor, Minor Exotic, Metals, Index, Stock and Commodity.Key features of MetaTrader4: * Full featured trading systemThe fully featured trading free trading software India has two execution modesand four order types.This feature enables a user to buy indicators and trading robots.You can develop, test and apply expert advisory and technical indicators.Around thirty built-in indicators with two thousand free custom indicators andaround seven hundred paid ones allow a trader to analyse markets at differinglevels of complexity.Trading signals allow one to copy deals of other traders.As a trader, you can now keep yourself updated about the latest developmentswith the help of MT4 software’s SMS and push notification services.The mobile version of MetaTrader4 is available for both Android & iPhone tohelp traders stay updated with the latest financial market trends.MetaTrader4 Technical Analysis Software Price India: The demo version isavailable for free free trading software India download whereas the Pro andStandard versions are payable in nature.* * *> USP: The latest version 6.1.11 is data feed & broker neutral

3 of 17 Best Stock Trading Software for Technical Analysis


MotiveWave trading platform makes market research process quite easy fortraders. Also available in this professional trading software are tools fortaking up such analysis as Fibonacci, Gann, Gartley, Elliott Wave and Ratio.You can also use other available core support features like strategy trading,scanners, replay mode, optimization, back testing, reporting, replay-mode,trade simulation and walk-forward testing.Key features of MotiveWave:MotiveWave software supports two hundred and fifty inbuilt strategies,studies, optimizations, replay modes, walk-forward testing, Java SDK and backtesting. * Native Multiple Monitor SupportUse the ‘Tile Windows’ feature to display several graphs/charts on multiplescreens simultaneously.As a trader, you can place, change, cancel orders and visualize positionsdirectly from a chart.MotiveWave Free Technical Analysis Software India Price: The software ispriced at ₹ 7028 per month.* * *> USP: One of the best stock trading software with an easy chart guide.Trade is one of the best technical charting platforms, which helps visualizehistorical data through charts. You can visualize striking trends and patternsto lower your trading risks. You can sue the different types of charts foridentifying price patterns as well as tracking price trends. This technicalanalysis software for stock market provides indicator signals, which even thebeginners can understand well and know when to buy and when to sell.Key Features: * Provides real-time data about the stock exchange * Helps manage equity for both cash and shares market * Also helps with stock future options along with Nifty call & put * Data update frequency is one-second and starts reflecting in the one-minute format * Provides currency and commodity backfill * Tick by tick procedure to provide faster real-time date.ECG Trade Pricing: ECG Trade software for intraday trading comes at ₹ 12000for one user. Other ECG Trade pricing plans available with Techjockey are: * Equity – ₹ 1200 per month * Currency – ₹ 1200 per month * NSE F&O – ₹ 1200 per month* * *> USP: Ideal for day trading and swing trading NSE stocks

5 of 17 Best Stock Trading Software for Technical Analysis


Investar stock market software India is for managing portfolios and analysisIndian stock markets (NSE, BSE, NSE F&O, MCX and NCDEX). The software alsoprovides auto-divergence and mutual funds scans. You can also make use of thisstock trading software’s multi-time frame query options.Additionally, you can trade with leading online brokers through Investar.Easily import transactions from broker Trade Book or Contract Note. Vieweasily your exact portfolio position on any date in the past.Key features of Investar:This feature scans stocks with high risk/reward ratio, resistance breakoutsand supply/demand zone breakouts. The software also identifies targets on anystock. * Auto-Trendlines for trend analysisThrough this feature, you can identify trend reversals with trendlinebreakouts. Trendlines get automatically plotted on the chart for identifyingtrends. * Fundamental and Technical analysisMake use of fundamental and technical analysis for perfecting yourbuying/selling time.Investar provides technical indicators for analysing futures, stocks andoptions.Pricing: Yearly subscription for Investar can be bought for ₹10,950. There arearound seven versions of the software available based on individualrequirements and devices used (mobile, tablet, etc.).* * *> USP: A reliable charting software for day trading

6 of 17 Best Stock Trading Software for Technical Analysis


With eSignal’s charting and technical analysis tools, you can execute tradeprocesses efficiently. Built-in are also scanning and back testing instrumentsfor assessing the effectiveness of trading strategies. The authorizedrepresentative of e-Signal software is VIRATECH software.Real-time data service of the software provides access to data from differentglobal markets to set strategy and implement best trade practices. With thehelp of this intraday trading software, you can gather intraday market datafor trading decisions. You can use customizable and flexible charting toolsfor gathering the data with this intraday trading software.Key features of eSignal:With the help of available filters and alerts, the software makes it possibleto display trading alerts by market experts.Use shortcut keys; attach/detach pages to create customisable workspace.Trading/Order Management System connects directly with over fifty plusbrokers.Make use of advanced technical analysis course for learning about markets.This is especially designed for investors planning to improve their tradingtechniques.You can find out about new trading opportunities without going through thehassle of searching from over thousands of individual stocks.eSignal Technical Analysis Software Cost: The software is available at a priceof ₹25,707 per month.* * * * Spider Stock Market Software> USP: One of the best real-time and end of day (EOD) technical analysis> software

7 of 17 Best Stock Trading Software for Technical Analysis


A leading application, Spider Software is utilized for undertaking technicalanalysis of latest stock market trends. Along with charting of stock market,in the software you would also find module for managing portfolios. These arenecessary for making the whole trading business a profitable venture. Alsoavailable are built-in indicators as well as real-time data to help tradersuse the software for accurate data predictions and analysing stock movement.Key features of Spider Stock Market Software IndiaIt provides live NSE data for real-time analysis of futures and F&O scripts.It helps with live tracking of the equity market with the help of Neat Feed.Spider software provides advanced technical analysis tools for Indian stocksto manage multiple exchanges.It helps with automatic tracking and analysis of the latest movements in thecurrency market.This stock trading software provides end of the day data along with post-market NSE, back testing, etc.Price of Spider Stock Market Technical Analysis Software: The price of SpiderStock market software is available on request.* * *> USP: Provides swing trading signals for equities, indices, etc.

8 of 17 Best Stock Trading Software for Technical Analysis


Trade Tiger is an online trading platform for accessing information frommultiple exchanges such as NSE and BSE. It is one of the best share tradingsoftware offering such advanced features as twenty-four hours market news,international market watch and access to trading calls.The software provides information for not just NSE and BSE but also MCX,mutual funds, NCDEX, and IPOs. You can also make use of graph studies thatcover average, MACD, RSI, Band-Bollinger and Know Sure Thing. There is alsoavailable user defined alert setting for input stock price trigger.Key features of Trade Tiger:Receive automatic alerts based on chart patterns along with details oftechnical events.Spot, buy and sell an opportunity in BSE quickly and with ease. * Advanced charting featuresCreate charts using mathematical tools for outlining trading rules.Stock quotes change as and when there is change in exchange. You can livestream these changes anytime, anywhere.There are available also various tools such as Tick Query, Ticker, MarketSummary, Action Watch and Span Calculator for gauging market trends.It provides real-time news & recommendations based on the research bySharekhan experts.Helps discover any new financial market trends.Trade Tiger Software Price: Information related to the software’s pricingstructure is available on request.* * *> USP: Helps with the best intraday trading strategiesTrader Guide is a stock trading analysis software India, which providesaccurate intraday signals. Receive reliable signals for buying/sellingpurposes in both Bearish and Bullish market.Features of Trade GuideAllows create and save drawings with resistance, support, horizontal lines andmore.It generates buy sell signals for positional traders and intraday traders.You can also track the performance of buy sell signals with Trade Guidesoftware.Trade Guide Pricing: The price is available on request at the officialwebsite.

10 of 17 Best Stock Trading Software for Technical Analysis


NinjaTrader technical analysis software supports trade management with pre-defined entry and exit points. Thus, you can have profitable trading withminimum stress. It further eliminates emotions from trading decisions andhelps save time on analysing market trends and creating trading strategies.Features of NinjaTraderYou can discover new trading opportunities with analytic reports and charts.The software helps with simulation and backtesting to test tradingopportunities.You can either automate or perform trading tasks manually.Developers can build their own drawing tools and indicators.NinjaTrader Software Price: Customized for both forex and futures,NinjaBroker’s pricing details are available on its official website.* * *> USP: One of the best portfolio backtesting software

11 of 17 Best Stock Trading Software for Technical Analysis


AmiBroker technical analysis software provides powerful and easy-to-use chartsand ensures quick portfolio backtesting. With custom backtesters, scoring andranking features, it ensures effective optimization. You can also use thissoftware for automating routine tasks with its batch processor.Features of AmiBroker IndiaIt provides bar-by-bar ranking to help users find a profitable option fortrading.The software checks Out-Of-Sample performance to check the sturdiness of yoursystem.Provides worst-case scenarios to make users ready for adverse marketsituations.This window includes everything, including optimizations, backtesting andexplorations with Monte Carlo Simulation.It provides symbolic data in tabular format for multi-purpose screening.Pricing: AmiBroker is available at Rs 37,032 with two years of free upgrades.* * *> USP: Ideal for independent investors for stock portfolio management

12 of 17 Best Stock Trading Software for Technical Analysis


Use VectorVest technical analysis software for undertaking stock analysis aswell as deploying viable strategies that are time-tested for stockrecommendations. The mobile version lets you analyze stock details any timefrom any location.Features of VectorVestThis will make your trading entry and exit points more accurate.It helps devise robust investing strategies for trading in the Indian stockmarket.With forced rankings, you will get the best investment opportunities quickly.Fundamental analysis along with market trend analysis ensures the bestresults.VectorVest Technical Analysis Software Pricing: Price is available on requestat the official website.* * *

13 of 17 Best Stock Trading Software for Technical Analysis


> USP: Preferred by short terms traders to manage entry and exitsProfit Source Platform helps stock traders with over 40 indicators to trackspecific stocks and find out the best entry and exit points. This freetechnical analysis software India relies on mathematical indicators to analysethe trend, momentum and market resistance.Features of Profit Source PlatformIt helps with the accurate projection of time and price.You will get different indicators to help you come up with a winning formula * Elliott Wave Trading SignalsYou can figure out low risk entry points with high probabilityAs soon as you log in, your dashboard will start reflecting new tradingopportunities in the market.Profit Source Trading Analysis Software Price: The price is available onrequest at the official website of Profit Source.The Best Buy Sell Signal Software for Indian Stock MarketSome of the best buy sell software online for stock trading in India, alongwith their features and pricing:> USP: An algorithmic trading software for conducting quantitative research

14 of 17 Best Stock Trading Software for Technical Analysis


AlgoTrader is an algorithmic trading software for quantitative hedge funds.This trading software provides for automated trading of bitcoin and othercryptocurrencies. It is also one of the best trading software India forautomation of quantitative strategies related to trading in derivative, Forexand equity markets.Best of all, any sort of strategy required for quantitative trading can beeasily automated with the help of AlgoTrader.Key features of AlgoTrader: * Broker and Market Data AdaptersThere are available a range of data and broker adapters in the software.Additional adapters too can be added without any hassle. * Order Management and ExecutionAlgoTrader offers flexible mechanisms for order management so that executingdifferent kinds of order types and algorithms is super easy.This trading software supports multiple markets and instruments to create andimplement a range of trading strategies. * Automated Cryptocurrency TradingAlgoTrader supports automated cryptocurrency trading. It has direct exchangeadapters for Bitfinex, Bitstamp, etc. It also provides historical dataadapters to CoinAPI and CoinMarketCap. * User interface and reportsThere are multiple custom management and reporting features that you can adaptbased on your trading activities.Pricing: A yearly subscription of the license is available for the software.* * *> USP: Suited for commodity, currency and stock market segments

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