What is TrendSpider?
TrendSpider is a multi-functional advanced trading platform that equips the users with sophisticated technical analysis, market scanning, price alerts, and strategy backtesting. The platform helps traders and investors build, analyze, and optimize their trading strategies while finding trades and automating orders. It’s a state-of-the-art platform with advanced tools such as raindrop charts, tracking unusual option flow, and a full-fledged backtesting system. TrendSpider gets its market data from some of the leading sources of the world, including NYSE, ICE, CME Group, and Nasdaq, to name a few.
TrendSpider Features & Benefits
TrendSpider has an array of features and benefits that make it lucrative for all categories of users:
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Technical Analysis:
The most extent in depth facilities to conduct thorough analysis of market trends to arrive at well-informed decisions. -
Price Alerts:
Dynamic notifications to keep users informed about real-time changes in the market. -
Market Scanning:
Strong market scanning facilities to track down real-time trading opportunities. -
Backtesting Strategies:
Aggressive backtesting to fully validate any trading strategy before going into the market. -
Automated Analysis:
Algorithms for pattern detection and market analysis. -
Smart Charts:
Web-based, interactive charting system with real-time data and visualization for more insightful decisions.
Use Cases – TrendSpider
Since its introduction, TrendSpider has found applications in a lot of varied uses in trading:
- Creating and testing a trade strategy.
- Looking for trade opportunities utilizing real-time market scanners.
- Order execution through automation to simplify the execution process of trades in general.
TrendSpider finds applications across a number of industries or sectors like:
- Active traders who want to know where the market is currently headed, and what actions they should take right now.
- Investors who want to optimize their strategy a bit more.
- Financial analysts, too, who need advanced tools to interpret market data.
How to Work with TrendSpider
Using TrendSpider is quite easy and simple to perform; it takes several steps only:
- Sign up to TrendSpider immediately and get your free trial for 7 days.
- Set up your dashboard, set your trading parameters.
- Study market tendencies using technical analysis tools and smart charts.
- Scan for trading opportunities using real-time scanners.
- Backtest: Verify your strategies using the backtesting tools available.
- Execute: Have orders automatically executed according to the strategies analyzed.
For optimum performance, update your strategies from time to time regarding market fluctuations and the knowledge you draw power from in the tools provided by TrendSpider.
How TrendSpider Works
TrendSpider uses the latest technology to offer the best trading experience. The platform uses sophisticated algorithms…