Many stock trading, charting, and scanning programs use eSignal data streams to populate charts for various software. Because so many programs uses such data, it is said to become the industry standard for data streams. They also lead the way when it comes to charting and analyzing software for all trader types. The benefit of using their day trading software is an extra monthly fee is not required to use their services, which is common in other day trading software solutions.
eSignal Paves the Way for Data Streams
There is another advantage to using eSignal – it is available in a variety of platforms, such as mobile. Such solutions are available for pro and casual traders alike. Thus, it places to be above many of its rivals since it offers more broker compatibility and versatility as they offer more solutions. Paying for their lowest fees will automatically net you the software and the data stream. Therefore, you no longer have to shell out extra cash for a separate data feed. Additionally, brokers will also be able to support many world indices, a choice of U.S. or international exchanges, and even an unlimited number of symbols. Users are even able to view up to 200 symbols at a time.
eSignal Smarter Trading Tools is able to support an array of chart types and drawing tools. Chart types include candlestick, line, point break, Renko, point and figure, bar, and Kagi. For their array of powerful drawing tools, they include Andrews’ Pitchfork, linear regression, price ruler, trend lines, and Fibonacci retracement and extension.
There is also an “advanced charting” tool included into the mix. This includes customizable tick intervals on bar and candle charts, as well as multiple symbol overlay, zero bar, stretch chart, and eSignal Formula Script (EFS).
Looking at the features on offer, it can be clear that it is indeed a gateway for smarter trading tools. They offer a whole lot and also offer quite a bit of training to assist traders in learning how to put the software into its optimal use. It is able to support a lot of trading services, even more than many of its competitors. These trading services include Interactive Brokers, TD AERITRADE, optionsXpress, FOREX.com, and MB Trading.
Overall, eSignal is one of the most powerful, flexible, versatile, and comprehensive trading software available. It provides one of the most complete data streams, and even offers mobile tools for the on-the-go trader.