![]() SmartTrader also lets you create alerts, with notifications by sound, email, or text. If you have connected brokerage accounts, you can also set up a widget for each account to place trades right from your charting screen. Default widgets include watchlists, news feeds, an economic calendar, and alerts. So, at a glance, you can easily see whether an asset is rated as a buy or sell for your trading strategy.Īlongside the charting interface, you’ll find a panel with multiple widgets that help you keep track of the market. This tool lets you create thresholds for any sets of indicators and, based on those thresholds, displays buy, sell, or hold ratings. SmartTrader also offers a “smart gauge” tool, albeit as an add-on for $99 extra regardless of your subscription. SmartTrader also has a weekly encapsulation tool that works on hourly and daily price bars. That makes it easy to spot support and resistance bands as well as trends. On intraday charts, this draws a box around all of a single day’s price bars and clearly displays the high and low. For retracements and trendlines, all you need to do is click on your chart where you want the pattern to start.Īnother helpful automated tool is the encapsulation tool. The software will automatically overlay Fibonacci retracements, trendlines, support and resistance lines, pivot points, and candlestick patterns. These are our favorites:Ī big part of what makes SmartTrader’s charts actionable is the platform’s automated technical analysis toolbox. □ Top Rated Services □ Our team has reviewed over 300 services. On top of that, you can have multiple workspaces which you can organize by asset, trading strategy, or however you choose. The platform provides a selection of layout options to control the size and arrangement of charts within a workspace, and it’s easy to rearrange charts simply by dragging and dropping. One of the nice things about SmartTrader’s interface is that you can view multiple charts simultaneously within a workspace. You can also create your own custom indicators and save them for future use. Price intervals can be as short as 1 minute and there are over 100 popular technical indicators available to add to charts. ![]() Charts are available in a wide variety of styles, including candlestick, bar, line, Heikin-Ashi, kagi, mountain, and point-and-figure. SmartTrader’s charting interface is at the heart of the platform. SmartTrader Features Charting and Workspaces You can also purchase monthly subscriptions to trading rooms, which range in price from $99.95 per month to $999.00 per month. SmartTrader also has a marketplace where you can purchase custom indicators and algorithmic trading scripts at prices starting from $29.50 each. You can also connect an unlimited number of brokerage accounts with the Pro plan, compared to 3 for the Prime plan. It mainly offers more workspaces, custom indicators, and alerts than the Prime plan. The Pro plan costs $99.95 per month or $1,019.40 per year. Prime users can also set up scripts for algorithmic trading and backtest these strategies. It unlocks more chart types, including Heikin-Ashi, automated pivot point analysis, and SMS alerts and alert-based trades. The Prime plan costs $29.95 per month or $299.40 per year. You can have 5 saved workspaces and 5 indicators per chart, as well as email-based alerts, automated trendlines, 1 custom market watch panel, and custom indicators. ![]() The Plus plan costs $14.95 per month or $155.40 per year. In addition, you don’t get access to most of SmartTrader’s automated technical analysis tools with a free account. Free users are limited to 1 saved workspace, 3 indicators per chart, and in-app alerts only. You can try out SmartTrader for free and access many of the platform’s basic charting and analysis tools. So, is SmartTrader the right trading platform for you? Our SmartTrader review will cover everything you need to know to decide. SmartTrader is highly customizable and can be connected to any MetaTrader 4 brokerage. The platform supports automated technical analysis and algorithmic trading, plus comes with access to professional trade ideas and trading rooms. SmartTrader is a comprehensive charting and analysis platform for stock, forex, and cryptocurrency trading. Is this the platform you’ve been searching for? Before you dive in, read our complete SmartTrader review now! About SmartTrader ![]() SmartTrader includes algorithmic trading, charting, workspaces, smart tools, and a variety of other features with the aim of finding successful trades. SmartTrader is a charting and analysis platform designed for stock, forex, and cryptocurrency trading. Any trader will tell you, a solid charting and analysis platform can make a world of difference when it comes to success. ![]()
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