Trade Ideas is a stock scanning tool for day traders. With over 500 alerts and filters you can find stocks. Whether you’re new to trading or a seasoned investor Trade Ideas has pre-configured screeners and customization options for you.
It goes beyond basic scanning. You’ll find advanced analytics, charts, indicators and broker integration. Trade Ideas has AI, automated trading and backtesting. With a live trading room and responsive support you’ll have everything you need to improve your trading and your market performance.
Trade Ideas has the latest AI technology for stock trading. You’ll get real time buy signals with specific profit targets and stop loss. The platform scans over 8,000 stocks and ETFs in real time so you have a complete market view.
Trade Ideas Platform Features
AI Trading Insights
Trade Ideas’ AI analyzes market conditions and gives high probability buy and sell signals. As a Premium Alpha Pro subscriber you get access to this through the HOLLY AI channel. You’ll get real time trading signals with all the details: entry time, position type, stock symbol, share quantity, entry price, profit target. These signals stay active until the stop is hit so they are good for day and swing trading. You can view historical trades or current signals in real time.
Charting
The platform has a Picture in Picture charting feature that combines two time frames into one chart. This is great for day traders who need to see short term price action against the bigger trend. You can see your position in the trend when scanner generated trading signals appear.
Stock Scanning
Trade Ideas has many pre-configured scans so it’s a great tool for day traders. You can access 50+ scanner layouts through the channel bar, each showing stocks that meet specific criteria in lists and charts with news and company info. You can also fine tune scanner settings with 500+ filters and alert types. You can also create custom stock lists and apply screeners to specific exchanges or individual stocks.
Web Based Trading Interface
While Trade Ideas is full featured in the Windows installation, the web version, MarketScope, has been improved. This browser based interface allows you to access most features from any device so you have flexibility in your trading.
Automated Trading
Trade Ideas has a free automated trading system built in. You can send trading signals directly to your broker. You can set up automated trade flows where alerts trigger buy or sell orders which are then sent to your broker and the stock exchange for execution. There is also a paper trading account so you can test your system risk free. You can also trade from the chart by clicking buy or sell buttons on the chart.
Brokerage
Brokerage Plus currently has a free paper trading account and connections to E-Trade and Interactive Brokers with more brokers to be added soon. You can trade from charts, alert windows or custom buy and sell buttons. You can also use it as a trading robot for automated execution and management with performance graphs and statistics.
Stock Discovery
Trade Ideas’ idea surfing feature will cycle through different stocks in a channel when you first open the software. This helps you find opportunities you might have otherwise missed. Just mouse over a chart to pause the surfing and investigate further.
Real Time Alert Streaming
The streaming alerts show ideas as they happen in real time, a core technology that sets Trade Ideas apart. You can customize windows to show multiple events at once, such as stocks with high volume making new highs while crossing moving averages or those trading below recent lows after earnings. This gives you an edge because you see things before others do.
Stock Comparison
The Stock Racing feature allows you to compare multiple stocks at once from a specific point in time. This visual data tool helps you find moves others miss, giving you an advantage in the market.
Halt Notifications
Trade Ideas will alert you instantly when a stock is halted due to price movement. The notifications will appear at the top of the charts and in a dedicated alert window so you’re aware of market events before your competition.
Chart Based Trading
The chart based trading feature is designed for active traders. Every new chart assumes you want to trade the stock and provides visual risk guidelines based on typical behavior. You’ll see Risk and Reward levels for every stock and trading buttons linked to your paper or real account. So you can make quick informed decisions right from the chart.
Backtesting
Trade Ideas has an event based backtesting feature called OddsMaker. This allows you to backtest trading strategies by asking questions about specific indicators or events. You can see the performance of different stock trading strategies and their variations without having to write any code.
Customizable Email Alerts
You can set up email notifications for your trading strategies so you can be notified even when you’re not at your desk. Any alert can be sent to your inbox.
Market Sentiment
The MarketScope 360 feature gives you a 360 degree view of the market. You can see overall market direction and find opportunities across different sectors and asset classes.
Automated Trading
With the Brokerage Plus API you can automate your trading strategies. This allows for seamless integration with supported brokers and automatic order execution based on your rules.
Personalized Stock Lists
The “Stocks I Like” feature allows you to create and manage custom lists. You can track your favorite stocks and get alerted when they meet your criteria.
Risk Management
Trade Ideas has built in risk and reward assessment tools. These help you evaluate trades based on your risk tolerance and profit goals so you can make more disciplined trading decisions.
Similar Stock Finder
The “Stocks Like This” feature allows you to find stocks with similar characteristics to the ones you’re already interested in. This can open up more trading opportunities and diversify your portfolio.
Market Trend Indicator
The Market Pulse (Compare Count) feature gives you a quick view of the overall market trend. You can use this to align your trading strategies with the current market or find reversal points.
Trade Ideas Pricing and Plans
Basic
The Basic plan has the core stock scanning features. You get real time data including pre-market and after hours. Customizable scans, charts and trading simulator. Basic plan is $127/month or $1,068/year.
Premium Alpha Pro
The Premium Alpha Pro package has all Trade Ideas features. You get:
- AI powered trade alerts
- Backtesting without coding
- Auto-trading via broker API connections (e.g. Interactive Brokers, E-Trade)
- Multi-Strategy Windows
- Custom Stock Races
- Unlimited watchlists
This package is $254/month or $2,136/year.
Specials
Trade Ideas occasionally runs partner promotions with discounts. Check for current promotions before subscribing to get the most value.
Free
A free version of Trade Ideas is available. It has limited features:
- TI dashboard
- Web version
- 15 minute delayed quotes
- One picture-in-picture chart
- Pre-built layouts
- Internal linking feature
This free version allows you to try out the basic features before committing to a paid plan.
Trading Competition
Premium Alpha Pro subscribers can enter the Portfolio Master Challenge for free. Non-subscribers can enter for $7.77 one time. The challenge runs for 3 days so you can use all Premium Alpha Pro features to test your skills and win a $2,400 Amazon Gift Card.
Support
Trade Ideas has extensive training and education resources so you can get the most out of the platform. The help section has detailed explanations of every feature with pictures and videos. You can learn about anything on the software through these resources.
Customer support is one of the best in the industry. Trade Ideas’ dedication to their customers has helped them grow so fast and get into the Inc. 5000 list of fastest growing private US companies. If you need help, you can count on fast and knowledgeable support.
Trade Ideas Review Conclusion
Trade Ideas is a stock scanning platform for all types of traders. You get a full suite of tools: trade alerts, brokerage connectivity and strategy development. The strength of the platform is its ability to accommodate different trading styles and needs.
One of the features is the auto trading. You can connect to brokers like Interactive Brokers or E-Trade and send scanner based price alerts directly through the API.
New to Trade Ideas? Use promo codes to get started. The simulated trading feature is super valuable so you can test strategies without risking your capital. So Trade Ideas is a smart choice compared to opening a brokerage account and trading with real money right away.
How it Works
Trade Ideas is a stock scanning tool that changes the game. It uses real time data to find profitable trades. The platform’s algorithms analyze thousands of trading scenarios every day and find the predictive relationships in the market.
You get instant alerts on what to buy, what to short and when to exit trades. No more data digging. You can focus on big picture thinking. Trade Ideas integrates with all the major trading platforms so you have everything you need.
Features:
- Real time market scans
- AI driven trade signals
- Backtesting
- News
- API for customization
Trade Ideas is used by leading online brokerages and educational institutions. With over 20 years in the market it has proven itself. By using Trade Ideas you get access to professional level tools that can help you trade better.
Advanced Trade Ideas Techniques
Trade Ideas has tools for advanced traders looking to take their strategies to the next level. You can fine tune your approach with the backtesting module and OddsMaker. These features allow you to test and optimize your trade ideas before risking real money.
Colorization in top lists helps you see patterns and trends. Compare Count windows allows you to compare multiple stocks or indicators side by side. For historical data on individual stocks the single stock lookup is super helpful.
The advanced show-me button with histogram functionality shows you data distributions to help you make decisions.
To support your learning Trade Ideas provides:
- eBooks
- Video library
- One on one training sessions
A User Guide covers:
- Charting
- Alerts
- Watchlists
- AI
For personal coaching expert trading education specialists offer hourly sessions to help you get unstuck or accelerate your progress.
By using these advanced features you’ll be able to build complex automated trading systems and implement advanced strategies. The platform will help you analyze the market data better and get better trading results.
What Trade Ideas is Good At
Trade Ideas excels at AI. The AI does the tedious work so you can focus on the big picture. This tool scans over 6,000 securities including stocks, options and ETFs and finds trades you would otherwise miss.
The platform has a good track record. The AI beat the S&P 500 in 2016 and 2017 so it can find profitable trades.
Trade Ideas has good support:
- Informative website
- Live chat
- Email support
- Webinars
- Tutorials
You’ll like the customer friendly refund policy. The company is so confident in their product you can try it risk free.
What Could Be Improved with Trade Ideas?
The charting could be better. You may find the indicators limited compared to specialized charting platforms.
One other drawback is overtrading. With so many trade ideas you may be tempted to trade more than you should. Be disciplined and stick to your plan.
Is Trade Ideas for You?
Trade Ideas has a platform for all types of traders and investors. The AI is your virtual trading assistant, scanning the markets and finding opportunities so you don’t have to spend hours doing it yourself.
For active traders Trade Ideas has pre-configured strategies and the ability to build custom setups. This flexibility allows you to customize the platform to your trading style and goals. You don’t need to be a programmer to use these features so it’s for traders of all technical backgrounds.
Investors who want to minimize human error in their decision making process will love Trade Ideas. The AI engine analyzes the market data and generates trade ideas based on objective criteria so you can reduce emotional biases that impact your trading decisions.
Trade Ideas benefits:
- Hundreds of trading strategies
- Trade history and setups
- New features added regularly
- Good support
Not sure if you want to commit to a paid subscription? Try the free version first. You can also sign up for the free Trade of the Week newsletter to see what the platform has to offer.
Ready to get started? Trade Ideas Premium has more tools. The company is so confident in their product they offer a robust refund policy so you can try it risk free.
Keep in mind Trade Ideas is a tool in your trading toolbox, not a magic bullet. Approach any trading platform with realistic expectations and market risk awareness.
What is a Stock Screener?
A stock screener is a powerful tool that helps you find investment opportunities in the stock market. It allows you to filter through thousands of stocks based on your criteria. By using a stock screener you can find shares that match your strategy and preferences.
Stock screeners have many parameters to filter by such as:
- Price per share
- Market capitalization
- Earnings per share
- Price-to-earnings ratio
- Dividend yield
- Industry sector
You can customize these filters to narrow down your search and find stocks that match your criteria. For example if you want to find stocks between $10 and $20 you can set that price range in the screener.
One of the biggest advantages of using a stock screener is time and effort savings. Instead of researching hundreds of stocks manually you can let the screener do the work. This efficiency will help you find opportunities you would have otherwise missed.
Stock screeners also remove emotional biases from your decision making process. By using objective data and measurable factors you can make more informed investment decisions based on facts not feelings or rumors.
When choosing a stock screener consider:
- User interface
- Analysis options
- Market coverage
A good stock screener should be easy to use and have deep analysis tools and cover a lot of stocks and ETFs across all exchanges.