TrendSpider Reviews
TrendSpider
by : TrendSpider
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TrendSpider
By : TrendSpider
All Ratings
User Reviews
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Dhwanit Mehta
Verified reviewer:
Head, SAAS
2-100 Employees
Software user since: 1-2 years
Reviewed on: Jul 25, 2024
4.3/5
“Great for Advanced Users Looking for In-Depth Market Insights”
TrendSpider is a feature-rich platform that offers more than 200 technical indicators and automated tools for market analysis. It’s great for advanced traders looking for detailed insights, but it can be a bit daunting at first due to the complexity of the interface. The pricing is on the higher side, but for the features you get, it’s a solid investment.
Pros : The range of advanced functions available in TrendSpider is impressive. The automated charting tools save me a lot of time, and the strategy development tools are a huge help. It also offers real-time scanning and alerts, which helps me react to market changes faster.
Cons : The interface is a bit difficult to get used to, especially if you’re new to these kinds of platforms. It can be overwhelming with so many features available at once. The price is also quite high compared to other platforms I’ve used.
Switched from : Trend Analyser
Reason to switch : I needed a platform with better automation and more comprehensive market data, which TrendSpider provides.
Features
4.5/5
Value for Money
4.5/5
Customer Support
4.5/5
Ease of Use
4/5
Likely to Recommend
Nitish Kakhani
Verified reviewer:
Accountant, Accounting
2-100 Employees
Software user since: 1-2 years
Reviewed on: Sep 2, 2024
4.2/5
“An Essential Tool for Serious Traders with Great Automation”
TrendSpider has been my go-to platform for charting and strategy testing. It offers over 200 technical indicators, real-time scanning, and automated alerts that help me make informed decisions. The platform even supports backtesting without needing coding skills, which is a big plus for me. I find the access to historical data (going back 50 years) to be really helpful for long-term strategy development.
Pros : What I love about this software is how the automated tools simplify charting. It’s easy to identify trends and patterns without spending too much time on manual analysis. The platform also provides a good amount of educational content, which helped me get up to speed quickly. The support team has been amazing whenever I had any issues or questions.
Cons : The interface can feel overwhelming at first. There’s a lot to take in, especially if you’re new to trading. The cost is also on the higher side, which makes it more suited for serious traders rather than beginners. Plus, I wish there was direct integration with brokers for seamless trading.
Switched from : MetaTrader 4
Reason to switch : I needed more advanced charting tools and automation, which I didn’t find in MetaTrader, so I switched to TrendSpider.
Features
4/5
Value for Money
4/5
Customer Support
4.5/5
Ease of Use
4.5/5
Likely to Recommend
Nitin savla
Verified reviewer:
Accountant, Accounting
101-500 Employees
Software user since: 1-2 years
Reviewed on: Jul 18, 2024
4.2/5
“Advanced Charting Tools and Market Analysis – My Experience with TrendSpider”
TrendSpider is a powerful trading platform that offers a wide range of features for both novice and seasoned traders. I switched to it because of its real-time scanning and alerts, which are key in catching market opportunities quickly. I’ve also found its automated trading bots to be extremely helpful in executing my strategies. Even though it took some time to get used to the interface, the advanced charting and technical indicators are worth it.
Pros : What I love about TrendSpider is the wide range of investment options it covers and how the automated charting tools make technical analysis so much easier for me. The advanced functions available are great for in-depth market research, and I’ve found the educational materials to be very useful in helping me understand complex strategies without feeling lost.
Cons : It was a bit overwhelming when I first started. The interface can feel a bit complicated, especially if you're new to trading platforms like me. The high price also made me hesitate before purchasing, but in the end, the features won me over.
Switched from : Traderscockpit
Reason to switch : I was looking for a platform that could offer more depth in market analysis and allow me to test my strategies without the need for coding. TrendSpider’s automated tools and vast data coverage made it a perfect fit.
Features
4/5
Value for Money
4/5
Customer Support
4.5/5
Ease of Use
4.5/5
Likely to Recommend
Shubham Bansal
Verified reviewer:
Accountant, SAAS
2-100 Employees
Software user since: 2+ years
Reviewed on: Sep 11, 2024
4.2/5
“A Comprehensive Trading Platform with Solid Backtesting Features”
TrendSpider provides a very detailed and powerful set of tools for traders. From automated pattern recognition to over 200 technical indicators, it has everything I need to analyze the market. The backtesting function is great, allowing me to test different strategies and fine-tune my approach. It also offers real-time alerts and scanning, which helps me stay updated with the latest market trends.
Pros : One of the key strengths of TrendSpider is its backtesting feature. I can test out different strategies and see how they would’ve performed historically. The automated charting tools and advanced functions help me make quicker decisions. The platform’s documentation and educational features are also extremely detailed and useful for both learning and reference.
Cons : The biggest issue for me is that it doesn’t integrate with my broker, which means I have to manage trades manually. The pricing can be a bit much if you’re not trading frequently, and the interface could be simplified for newer users.
Switched from : StockEdge
Reason to switch : I switched because TrendSpider offered better backtesting tools and more in-depth charting options that helped improve my analysis.
Features
4/5
Value for Money
4.5/5
Customer Support
4/5
Ease of Use
4.5/5
Likely to Recommend
Jai kishan Vajpayee
Verified reviewer:
Accountant, SAAS
101-500 Employees
Software user since: 1-2 years
Reviewed on: Jun 21, 2024
4.2/5
“Comprehensive Charting and Analysis – Perfect for In-Depth Market Research”
TrendSpider is an advanced trading software that excels in market analysis, offering more than 200 technical indicators for comprehensive research. I especially appreciate the automated pattern recognition and real-time alerts. It does come at a higher cost, and the interface can feel complex at first, but once I got comfortable, it became my go-to for in-depth analysis.
Pros : I love the depth of the analysis tools in TrendSpider. The wide range of investment coverage and automated charting makes my market research more efficient. The educational resources available are also helpful for both beginner and advanced traders.
Cons : The price is definitely something to consider—it’s on the high side. Also, the interface isn’t exactly beginner-friendly; it took me a while to get the hang of all the features.
Switched from : MetaTrader 4
Reason to switch : I wanted something that could handle more advanced strategies and market data without requiring manual coding. TrendSpider fits those needs perfectly.
Features
4/5
Value for Money
4/5
Customer Support
4.5/5
Ease of Use
4.5/5
Likely to Recommend
Gufran khan
Verified reviewer:
Head, SAAS
2-100 Employees
Software user since: 1-2 years
Reviewed on: Sep 9, 2024
4.1/5
“A Solid Trading Partner for Advanced Analysis and Strategy Development”
TrendSpider stands out with its 50 years of historical data, which is essential for strategy backtesting. The platform also offers automated alerts that help me stay on top of trading opportunities. However, I do miss the direct broker integration that some other platforms offer. The pricing is on the higher side, but for what you get, it’s worth the investment.
Pros : One of the biggest pros of using TrendSpider is the automated charting. It saves me so much time in identifying patterns and running backtests. The amount of historical data available is incredible, and their documentation makes it much easier to navigate all the advanced features.
Cons : I found it frustrating that TrendSpider doesn't integrate directly with brokers, so I still have to manually execute trades. Also, the interface can be a bit overwhelming for someone who's not super tech-savvy. It took me a while to fully understand all the features.
Switched from : Smart Trade System
Reason to switch : I needed a platform with better backtesting and more comprehensive market data, and TrendSpider offered exactly that.
Features
4.5/5
Value for Money
4/5
Customer Support
4/5
Ease of Use
4/5
Likely to Recommend
Nikita Pandey
Verified reviewer:
Accountant, SAAS
2-100 Employees
Software user since: 1-2 years
Reviewed on: Jul 17, 2024
4/5
“A Reliable Investment Tool with Extensive Features for Traders”
TrendSpider is a powerful trading platform offering features like automated pattern recognition and advanced charting for market analysis. It’s loaded with over 200 technical indicators and allows for strategy development with 50 years of historical data. You can also backtest strategies without any coding skills, which is really handy. One of the things I love most is the automated alerts and real-time scanning that help you stay ahead in trading.
Pros : One of the best things about TrendSpider is the wide range of investment options it covers. The automated charting tools are incredibly helpful for quickly identifying trends, and the platform has many advanced functions that can suit different trading styles. The educational resources and documentation available are also really good. You can tell the team puts a lot of thought into making sure users can learn how to use the platform effectively.
Cons : The biggest downside for me is that there’s no direct broker integration, so I have to manually handle trades. Also, the price is a bit high, which could be off-putting for someone just starting out. The interface can also feel complicated if you're new, but with time, you get used to it.
Switched from : TradingView
Reason to switch : I moved to TrendSpider because it offers better automated tools and more advanced backtesting options that I didn’t find in my previous platform.
Features
4.5/5
Value for Money
4/5
Customer Support
3.5/5
Ease of Use
4/5
Likely to Recommend
Nishikant
Verified reviewer:
Accountant, Accounting
101-500 Employees
Software user since: 1-2 years
Reviewed on: Sep 2, 2024
4/5
“Ideal Platform for Backtesting and Automated Trading”
TrendSpider has become my go-to for backtesting and automated trading. With access to over 65,000 assets and advanced charting features, it has everything I need to refine my strategies. The high price and lack of direct broker integration are downsides, but the pros far outweigh these minor inconveniences.
Pros : TrendSpider’s backtesting feature is a game-changer for me. I can test different trading hypotheses without coding, and the automated trading bots take a lot of the manual work out of executing trades. Plus, the charting tools are top-tier.
Cons : The platform doesn’t have direct broker integration, which would have made the process more seamless. Also, it takes some time to get used to the many features available—definitely not something you can learn in a day.
Switched from : Traderscockpit
Reason to switch : The lack of backtesting tools in my previous platform pushed me to find a more suitable solution, and TrendSpider’s StrategyTester was the answer.
Features
3.5/5
Value for Money
4/5
Customer Support
4.5/5
Ease of Use
4/5
Likely to Recommend
isha singh
Verified reviewer:
Accountant, SAAS
2-100 Employees
Software user since: 1-2 years
Reviewed on: Sep 2, 2024
3.8/5
“Great for Advanced Traders but Takes Some Getting Used To”
TrendSpider is a powerful tool for market analysis, offering a range of features like automated charting, technical indicators, and real-time alerts. The backtesting feature is particularly useful, allowing traders to test strategies with historical data. It’s a feature-rich platform, but it might take some time for beginners to navigate and get comfortable with all the options.
Pros : The charting capabilities are really strong. I love the automated tools that help detect patterns quickly, and the fact that I can run backtests without any coding is fantastic. The support team is also very responsive and helpful. I also appreciate that they keep updating the platform, which means new features keep getting added.
Cons : The interface can be a bit complex, especially if you're new to trading. It took me a while to get comfortable with everything. Also, the price point is not ideal for someone who's just testing the waters in trading.
Switched from : StockRadars
Reason to switch : I wanted more automation and easier backtesting tools, and TrendSpider had what I was looking for compared to NinjaTrader.
Features
4/5
Value for Money
4/5
Customer Support
3.5/5
Ease of Use
4/5
Likely to Recommend
Ashish Anand
Verified reviewer:
Accountant, Accounting
2-100 Employees
Software user since: 6-12 months
Reviewed on: Jul 18, 2024
3.8/5
“Perfect for Market Analysis but Needs Simpler Interface”
TrendSpider offers an all-in-one solution for traders, providing tools like automated pattern recognition, over 200 technical indicators, and real-time market alerts. The platform allows for detailed backtesting without any coding skills and offers access to extensive historical data. The real-time scanning and alert features are very helpful in staying on top of market changes.
Pros : The platform covers a broad range of assets, and the automated tools really help in reducing manual work. I can run backtests without writing a single line of code, which is a major advantage for me. The strategy tester also allows me to test complex theories, and the educational materials are great for learning the ropes.
Cons : The interface isn’t very intuitive at first. It’s not the easiest platform to jump into if you don’t have much experience. Plus, the pricing is a little on the higher side, especially if you’re not a frequent trader.
Reason to switch : StockCharts was limited in terms of backtesting and automation, which is why I made the move to TrendSpider.
Features
3.5/5
Value for Money
4/5
Customer Support
4/5
Ease of Use
4/5
Likely to Recommend
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