Tradestation
(4.4 stars)
Tradestation is a powerful charting package that offers a lot of historical data. Traders often use it for its extensive backtesting capabilities.
MetaTrader 4
Average Customer Rating:
(4.1 stars vs. 4.5 category average)
Your Rating:
Recommendations by Profile:
| Casual Trader |
 |
90% |
| Intermediate Trader |
|
80% |
| Expert Trader |
|
78% |
| All Traders | 20 of 24 | 83% |
Recommendations by Usage Length:
| A month or less |
|
33% |
| 1 - 3 months |
|
67% |
| 3 - 6 months |
|
100% |
| 6+ months |
|
93% |
| All Traders | 20 of 24 | 83% |
Characteristics:
- Pros:
- Easy to use, Many indicators, Easy to edit auto trade programs, Web-based, Customizable layout, Ability to customize indicators, Large user base
- Cons:
- No automated backtesting
Description:
This charting program is specifically made for anyone trading the Forex, CFD, and Futures markets. Used by over 100 brokerage companies and banks, this is one of the most widely used charting packages around. Some of its appeal is its ability to customize and program systems, which then allows users to create indicators, system backtests, as well as automated trading robots.
Most Helpful Reviews:
Most helpful favorable review:
One of the most widel...
(4.0 stars)
Cool because a lot of people make custom indicators for it and if you develop a system, someone can actually program a robot for you to auto trade.
Most helpful critical review:
Dont like it
(2.0 stars)
I hate using fibonacci and trend lines in MT4. It's not possible to move the view of the graph to where you want it. You can only go left or right,...
