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cwb1014

Real-Time Market Scanning Software - What's the Most Useful?

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Hello. I'm wondering what is the most useful and reliable software for real-time market scanning (i.e., identifying trading setups in real-time). I'd welcome the comments of anyone who has used or continues to use any of the many programs that are available for this purpose (e.g., Trade-Ideas, MarketGauge, HotScans, etc.).

 

Many thanks in advance for any insights that anyone may be able to offer here...

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depending on what you are looking at - in terms of numbers of instruments to cover, and indicators.

Sometimes the simplest thing is to spend the time scrolling through the list of charts visually.

Otherwise - Multicharts has a scanning screen thats handy.

Esignal has a third party scanner.

 

As a hint, you ideally want one that allows you to change the lists of instruments to scan, as otherwise you will get the same instruments being highlighted day after day. By modifying the lists the scans operate on, then you have more flexibility to ignore some scans.

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