TrendSpider is a web-based stock analysis software that combines charting, technical analysis and automation. You’ll find it has a unique set of features for traders of all levels, from newbies to pros. It helps you turn trading ideas into action with its many tools and data sources.
With TrendSpider you get multi-timeframe analysis, automated pattern recognition and backtesting. These features let you dive deep into markets, test your trading theories and refine your approach. Whether you’re looking to create new strategies or tweak existing ones, TrendSpider has everything you need to make the right trading decisions.
About TrendSpider
TrendSpider has many features for traders. Automated charting, multi-timeframe analysis and customizable alerts. Raindrop Charts and Strategy Tester to refine your approach. Market Scanner for stock screening.
What’s Included
TrendSpider is a technical analysis platform for traders of all levels. Many tools to help with market analysis and trading strategies, like over 200 indicators.
Features:
- Automated trendlines
- Candlestick and Fibonacci pattern recognition
- Raindrop charts
- Backtesting
TrendSpider’s web based platform connects to brokers through Signal Stack so you can turn your automated strategies into live trades. For convenience you can access TrendSpider on the go with their mobile app for iOS and Android.
Who is TrendSpider for?
TrendSpider is for all types of traders. Whether you’re new or have years of experience you’ll find something here. Stocks, cryptocurrencies, futures, ETFs, indices. Day trading, swing trading or longer term investing across all markets.
Features
TrendSpider has a full suite of technical analysis and trading tools. The charting is where it really shines. You can view multiple timeframes at once. Overlay indicators from different periods on the same chart for deep analysis and combine them.
The software has many technical indicators and drawing tools. Classics like moving averages, RSI and MACD and more advanced ones. Candlestick and bar charts to suit your analysis style.
TrendSpider’s automated trendline feature is unique. It draws support and resistance lines for you, saving you time and potentially reducing human error in your analysis.
For off-chart analysis TrendSpider has widgets for market data. You can see seasonality, fundamentals and unusual options activity. These features give you a broader view of the market.
The interface is designed to be efficient. While it has advanced features the learning curve isn’t too steep. You can customize your workspace to suit your trading style, arrange charts and widgets as you like. For example:
- Multi-timeframe analysis
- Automated trendlines
- Many technical indicators
- Off-chart data widgets
TrendSpider covers your entire trading process from idea to execution. Classic and innovative tools for new and ex
Computer-Generated Trend Lines
TrendSpider is an automated charting software that uses algorithms to draw trend lines on price charts. You don’t need to manually draw support and resistance lines. The software analyzes historical price data and draws trend lines for you. Saves you a lot of time especially when analyzing multiple stocks or timeframes. You can customize settings like whether to use candlestick bodies or wicks and adjust sensitivity.
AI-Powered Pattern Detection
Advanced charting platforms can now recognize common patterns automatically. The software scans for double bottoms, head and shoulders, triangles and more. When it finds a pattern it highlights it on the chart for you. Saves you time searching for trade setups. Many platforms allow you to customize which patterns to look for. You can also access educational resources for each pattern within the software.
Smart Candlestick Analysis
Automated tools like TrendSpider can find important candlestick patterns across any timeframe. The software finds hammers, shooting stars, engulfing patterns and dojis. It then marks these patterns on your charts for you, which helps confirm trade signals when used with other technical indicators.
Intelligent Technical Indicators
Modern charting software can apply and optimize technical indicators for you, and TrendSpider is good at it. No more manually adding and configuring indicators. The platform does it for you. It can anchor indicators like VWAP to significant price levels. Your indicator settings carry over as you switch between different symbols. So you have consistent analysis across multiple charts. The software may even suggest optimal indicator settings for the specific stock and timeframe.
One-Click Fibonacci Tools
Fibonacci retracement levels can be a pain to draw consistently. Automated software solves this by calculating and plotting Fibonacci levels with one click. You select the major high and low points and the tool does the rest. It draws the key retracement levels 38.2%, 50% and 61.8% instantly. These auto-generated Fibonacci lines carry over to other charts so you have consistent analysis.
TrendSpider’s Multi-Timeframe Analysis
TrendSpider takes technical analysis to the next level with its multi-timeframe analysis feature. This feature allows you to overlay indicators from different timeframes on the same chart.
Imagine analyzing a stock’s 200 period moving average on 60 minute and daily charts at the same time. TrendSpider makes this possible by showing the 60 minute moving average as a solid line and the daily moving average as a dashed line on the same chart. This way you can see where multiple timeframes align at support levels.
The multi-timeframe analysis feature gives you:
- Better decision making
- Time saving efficiency
- Better trend identification
You can do multi-timeframe analysis on different stocks or ETFs in different chart windows. This is super useful for those who use cross market signals in their strategy.
TrendSpider’s multi-timeframe analysis is unique to our platform and gives you an edge in technical analysis. Whether you’re a day trader or long term investor this feature gives you more insight into the market.
TrendSpider’s Alert System
TrendSpider’s price alerts are a powerful tool for traders who want precision in their entries. These alerts go beyond simple price notifications and allow you to set complex conditions based on technical indicators and chart patterns.
You can customize alerts to trigger when prices interact with levels in a specific way. For example you can set an alert when a stock touches a Fibonacci level or breaks a moving average. The system allows you to fine tune the sensitivity and even confirmation candles.
Some of the features of TrendSpider’s alert system:
- Multi-factor conditions
- Customizable sensitivity
- Confirmation candles
- Extended hours
- Email and SMS
You can combine multiple technical elements to create very specific alerts. This allows you to catch market moments that match your trading strategy.
The interface is user friendly and makes setting up these complex alerts easy. You can select conditions, adjust parameters and choose your notification method.
By using TrendSpider’s alerts you can automate much of your market watching. This saves you time and makes sure you don’t miss trades that make a difference.
TrendSpider’s Raindrop Charts
Raindrop charts give you a new way to look at price and volume, combining multiple indicators into one simple chart. These charts combine open, high, low and close with volume information to give you a complete picture of the market.
Each raindrop represents a specific time interval and consists of:
- Body: Volume by price for the first and second half of the period
- High and Low: The highest and lowest prices
- Left and Right Mean: Volume weighted average p
The color of the raindrops adds another layer of information:
- Red: Left mean is higher than right mean
- Green: Right mean is higher than left mean
- Blue: Both means are equal
This helps you to spot market turns more easily. By condensing all the data into one chart raindrop charts reduce decision fatigue and streamline your analysis.
Raindrop charts also have a time release mechanism. This allows you to see recent and long term trends without losing historical context or granularity.
Think of raindrop charts as a combination of bar charts and volume profiles. They give you a more detailed view of price action and volume distribution and can give you an edge in your trading.
By using raindrop charts you can:
- See key support and resistance
- See volume clusters
- Spot trend reversals
- Analyze price momentum
These are great for traders who like volume analysis and want a more complete view of the market. With practice you may find that raindrop charts help you make better
TrendSpider’s Strategy Tester
TrendSpider has a strategy tester that allows you to test your ideas before risking real money. This is unique in that it’s very user friendly so even if you have no trading experience or coding skills.
You can create and test complex strategies in less than a minute once set up. The platform has pre populated templates to get you started so you can learn from
Benefits of TrendSpider’s strategy tester:
- Test multiple symbols and markets at once
- Full output for in depth analysis
- Low learning curve compared to other platforms
- No programming required
When you use the strategy tester you will get detailed results to help you evaluate your trading methods. This will allow you to refine your strategies based on historical data and improve your trading results.
Remember backtesting is a powerful tool but past performance is no guarantee of future results. Use TrendSpider’s strategy tester as part of your overall process of developing and validating your trading strategies.
TrendSpider’s Market Scanner
TrendSpider’s Market Scanner is a great tool for traders who want to find opportunities fast. This automated system scans markets in real time so you can find trading setups based on your technical criteria, patterns and indicators.
With over 70 pre built scans updating continuously you’ll save hours of market research. The scanner is versatile and covers stocks, cryptos and other asset classes so it’s a must have for all t
You can customize your scans to fit your own trading style. This allows you to make informed decisions based on the criteria that matter most to your strategy.
The Market Scanner also has multiple stock selection lists including trading halts and S&P 500 components. This gives you quick access to relevant watchlists and reduces your market analysis time.
By using TrendSpider’s Market Scanner you’ll be able to find trades across all asset classes and tailor it to your own needs.
TrendSpider Tools
TrendSpider has many advanced tools to help you trade. The widgets give you more information than the charts. You can get data flow features that show analyst estimates, dividend info, earnings reports and insider trading. The widgets also have news updates, stock split info and unusual options activity.
The unusual options widget is great. It shows you overall market trends and symbol specific info. You’ll see visual and list views so you can see the options act
By adding these widgets to your analysis you’ll get a bigger picture of the market and make better trading decisions.
Automated Trading
TrendSpider has a tool for traders who want to automate their strategies without coding. You can turn your tested strategies into live trades with trading bots. The bots will trade through your broker or via webhooks.
The system has flexibility in bot behavior settings. You can customize how the bot responds to missed checks or new position initiations. Notifications are sent via SMS, email and webhook so you’re always aware of current activities and alerts. The system checks bot integrity before sending signals to avoid conflicting actions.
Features of TrendSpider’s trading bots:
- No coding required
- Position aware and fault tolerant
- Customizable behavior settings
- Multiple notification options
Automation can save time and be more consistent but it requires initial setup and learning. Make sure to review all the materials and test your bot thoroughly before going live. This will ensure your automated strategy is in line with your trading goals and objectives.
Benefits of Automation
- Saves you time on tedious analysis
- Consistency when analyzing multiple stocks
- Find patterns and setups you would have missed
- Scan many charts for trade opportunities fast
- Learning tool to improve your manual charting skills
- Customizable to your trading style and preferences
Automated tools help your analysis but don’t replace critical thinking. Use them to streamline your workflow and generate ideas. Always combine automated insights with your own judgment and risk
Create Your Own Trading Tools
TrendSpider lets you customize your trading experience with custom scripts and codes. You can create, modify and share your own algorithms with a simple programming language. This allows you to tweak technical indicators or create complex calculations to fit your own trading needs.
To get you started TrendSpider has a code editor with pre built examples. These are a starting point for you to create your own scripts and implement your own ideas. For example you can create an algorithm to find opening gaps.
Need help with scripting? TrendSpider offers one on one support sessions. These sessions can help you troubleshoot and fine tune your custom algorithms.
TrendSpider Learning
TrendSpider has plenty of learning resources to help you with your trading knowledge and platform skills. The app has an extensive library of articles on technical analysis and platform usage. You can access video content on their YouTube channel and TrendSpider TV for visual demos and tutorials.
The TrendSpider blog has market insights and trading strategies. A full market data library to support your research. For interactive learning join the Discord community to discuss trade ideas, share tips and do financial analysis with other traders. These resources will help you getting started quickly and efficiently.
TrendSpider Pricing
Standard
TrendSpider’s basic plan is $107/month or $642/year. It has core features like backtesting, advanced charting and real time alerts. You can scan daily timeframes with up to 25 results per scan.
Enhanced
The middle plan is $197/month or $1,182/year. It adds dark pools, retail analytics and insider trading data. You get multi factor alerts and can deploy up to 30 bots. Scanning increases to 1 minute backtesting with 100 results.
Advanced
For $447/month or $2,682/year you get everything. This plan has:
- 20 workspaces
- 400 active alerts
- 100 trading bots
- Unlimited scan results
- 20,000 candle backtest depth
All one on one training sessions are included with this subscription.
TrendSpider offers a 7 day free trial for new users to try out the platform before committing to a paid plan. You can test the tools and see which package fits you best. Pricing and features may change so be sure to check the TrendSpider website when you’re ready to sign up.
TrendSpider Support and Help
TrendSpider has standard phone and email support for traders. Beyond that they have some extra features to help you.
You can book one on one training sessions. These are 60 minutes and can be split into 2 x 30 minute sessions if needed.
This way you can get a guided tour of the platform or dive into advanced features. It’s a great chance to ask questions and get hands on help.
For quick answers and community engagement you can follow TrendSpider on social media. They also have an active Discord channel where you can chat with other users and ask questions.
TrendSpider’s support:
- Phone support
- Email support
- One on one training sessions
- Social media
- Discord community
Get Started
TrendSpider has much more than what’s listed here. Check out their YouTube channel for more tutorials and trading ideas. Ready to try it out? Sign up for a free account and get started with TrendSpider. Remember, the platform is powerful but trading involves risk. Past performance is not indicative of future results so trade smart and