Trade-Ideas vs TradingView are two multifunctional trading platforms, offering interesting features for investors such as filtering stocks, analyzing charts, and sharing specific trading ideas. The following article helps traders to have more reference information to choose a trading platform that best suits their individual needs.
Overview of Trading Ideas and TradingView
TradingView is a charting platform launched in 2011 that allows users to monitor charts, perform market analysis and connect to the trading accounts of listed brokers. Currently, the TradingView platform has more than 30 million monthly users. The platform is available with features including professional charting tools, social networks for sharing trading ideas, stock filters and high customization …
Trade-Ideas was launched in 2002 with the original goal of serving e*Trade users. In recent years, Trade-Ideas has become more trader-friendly, and smart stock filtering has attracted more and more people to learn about the platform.
What Is TradingView?
TradingView is a stock chart analysis platform and trading social network launched in 2011. TradingView has both free and paid accounts for users to choose from. Users can use TradingView to view price charts of different asset classes, including stocks, currencies, commodities, cryptocurrencies, bonds, and futures.
In addition, TradingView has an interactive feature on its trading social network, which allows users to post their trading ideas and share them with the community. TradingView can be used directly on the web or downloaded as an application on phones and computers. Thus, users can easily monitor the price chart or perform technical analysis at any time conveniently and quickly.
What Is Trade Ideas?
Trade Ideas was launched in the early 2000s with a stock filter feature that helps users select suitable trading opportunities based on predefined configurations. The Trade Ideas platform has a customizable design that is convenient for each individual and is very easy to use with drag-and-drop features to modify without using complicated programming languages.
The Trade Ideas platform can pinpoint the stocks that are rising suddenly after the news and which stocks are rising or falling. In addition, Trade-Ideas also helps users find trading ideas with buy/sell or exit time.
Compare Trade Ideas vs TradingView chart.
In terms of charting features, TradingView is most important with comprehensive charting software, with many technical indicators and flexible customization features. Users can quickly enter and use arrows shared by community members. TradingView allows users to view up to eight charts simultaneously with different custom time frames.
Meanwhile, Trade-Ideas offers basic charts with popular technical indicators and no customization options.
Trade-Ideas and TradingView stock screener
Both the Trade Ideas and TradingView platforms offer solid stock scanning and filtering.
This is an outstanding feature of Trade Ideas since its launch. Users can easily set filters for topics such as stocks, cryptocurrencies, or SPAC shares. Trade-Ideas can run dozens of stock filters at once and are automatically updated after a few seconds. Trade-Ideas has AI on Holly that simulates various trading strategies. Through artificial intelligence, Trade-Ideas helps users choose the most profitable trading ideas, including entry and exit prices. Users should easily follow the description.
Trade Ideas’ stock filtering feature is the most powerful on the market. The platform allows you to download 40 classified stock filters for rising, falling, or more popular stocks on sites like Stocktwits.com, Reddit, and Twitter. Trade-Ideas has pre-filtered presets such as Stocks below $20 are growing rapidly, stocks fell sharply yesterday, bullish stocks candlestick patterns… Other pre-configured scans to choose from are Stocks below $20 are proliferating, stocks Huge drop yesterday, significant gain today” and stocks demonstrating a “Candlestick Bullish Pattern”.
TradingView also has a pretty powerful active stock filtering feature. Users can filter stocks based on technical indicators or fundamental analysis. TradingView’s stock filter results are automatically updated every 10 seconds. In addition, TradingView allows users to share and access community data sources, including trading ideas, simple or detailed analysis, and technical indicators shared by contributing members.
Compare prices using tradingview vs Trade Ideas advanced account
Both TradingView and Trade Ideas have free accounts for users. However, the advanced version of TradingView is much cheaper than Trade-Ideas. TradingView offers a Pro account package for just $155/year, and the most advanced package is Premium, priced at $599/year. Differences between these account types include the number of charts a user can view at once and the number of indicators they can add to their charts.
Trade-Ideas start at $1068/year for the Standard plan (the lowest) and go up to $2,269/year for the Premium account. The Premium account allows users to access trading ideas based on Holly’s artificial intelligence.
Types of properties offered
TradingView has once again prevailed over Trade-Ideas. TradingView offers a higher volume of assets, including stocks, bonds, cryptocurrencies, currencies, commodities…
Meanwhile, Trade Ideas is limited to focusing more on stocks.
Trading social networks
The TradingView and Trade Ideas platforms are available in chat rooms that allow traders to interact with each other. However, TradingView has developed a more robust trading social network. Traders can share trading ideas on TradingView and members can comment and refer to other members’ trading ideas.
Conclusion: TradingView vs Trade Ideas which software is better for traders
Both TradingView and Trade Ideas platforms are valued for their design, ability to provide charts and solid trading ideas.
If users trade stocks actively, Trade-Ideas can be a preferred choice that helps users easily select a detailed list of stocks with many criteria available. Trade-Ideas also features a robust AI algorithm that helps identify the best trading opportunities.
Trading View is more important because it can connect with many brokers and offers many types of assets. In addition, TradingView is also famous for its thriving trading social network. Traders who want to trade and learn from the global community cannot ignore TradingView.
In addition to TradingView and Trade Ideas, users can also learn another charting platform, Thinkorswim.