Does Trade Ideas provide trading signals for all markets?

Trade Ideas primarily focuses on US and Canadian equities, including NASDAQ, NYSE, and AMEX.

Can I backtest my own trading strategies?

Yes, Trade Ideas offers a robust backtesting engine that allows users to test their custom strategies against historical data.

What is "Holly" and how does it work?

Holly is Trade Ideas' proprietary AI that runs millions of simulated trades overnight to identify high-probability strategies for the next trading day, presenting them to users.

Is Trade Ideas suitable for beginners?

While powerful, it has a steep learning curve due to its extensive features. Beginners might need time to understand its full potential.

Does Trade Ideas offer automated trading?

Yes, through integration with select brokers, users can set up automated or semi-automated trading based on Trade Ideas' signals.

Trade Ideas

Trade Ideas is an AI-powered stock market scanning and trading platform that identifies real-time trading opportunities using sophisticated algorithms.

Price: Premium

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Description

Trade Ideas utilizes advanced AI and machine learning to constantly scan the stock market, identifying potential trading opportunities in real time. It offers customizable alerts, pre-built strategies, and backtesting capabilities to help traders make informed decisions. The platform is designed for active traders, investors, and financial professionals who need an edge in fast-moving markets, providing insights into unusual price movements, volume spikes, and emerging trends. Trade Ideas stands out from traditional screeners by its predictive AI, "Holly," which evaluates millions of scenarios to suggest high-probability trades, offering a dynamic and data-driven approach to market analysis.

How to Use

1.Sign up for a Trade Ideas subscription and install the desktop application.

2.Log in and explore the various scanning windows and pre-built AI strategies (e.g., "Holly").

3.Customize your scanners to filter for specific criteria (e.g., volume, price action, sector).

4.Monitor real-time alerts and watchlists generated by the AI for potential trades.

5.Use the backtesting feature to evaluate the historical performance of strategies.

6.Integrate with supported brokers for automated or semi-automated trading based on AI signals.

Use Cases

Day tradingSwing tradingTechnical analysisMarket trend identificationRisk managementStrategy backtestingAutomated trading

Pros & Cons

Pros

AI-powered real-time market scanning and opportunity identification.
Proprietary AI "Holly" suggests high-probability trades.
Extensive customization options for scanners and alerts.
Robust backtesting engine for strategy validation.
Integration with brokers for automated trading.

Cons

High subscription cost, targeting serious traders.
Steep learning curve due to the complexity of features.
Primarily focused on US/Canadian equities, limiting global market access.
Requires active monitoring and understanding of market dynamics.

Pricing

Standard Plan: $118/month (billed monthly). $1068/year ($89/month billed annually)

Real-time streaming quotes

Up to 10 simultaneous charts

Basic stock scanners and alerts

Limited backtesting

Premium Plan: $228/month (billed monthly). $2028/year ($169/month billed annually)

All Standard features

AI-powered "Holly" for trade suggestions

Full backtesting capabilities (OddsMaker)

Advanced strategy building and automation

Up to 20 simultaneous charts

Free Trial: Not a typical free trial, but they often offer discounted trial periods (e.g., 1-month for a lower price) or webinars to showcase features

Refund Policy: Generally, no refunds are offered for subscriptions once purchased, as stated in their terms of service.

FAQs