Some tools are helpful in intraday trading. But many tools are expensive!
But this world has many beautiful souls, & they offer their products (at least most of the features) for FREE!
Below are 6 freely available tools that help day traders!
Like & Retweet!
(1/N)
Tool #1 - Tradingview
Day traders have to access live future charts of indices/stocks to identify their setups.
Tradingview is the leading charting provider at the moment, and it provides clean, elegant FUTURE charts for the Indian markets, even for free users.
(2/N)
Tool #2 - Gocharting
It is the first group in the world to build ‘web-based' Market Profile (TPO) charts.
They offer an EOD market profile for all FREE users.
To know more about Market Profile, read this
profiletraders.in/post/what-is-m…
(3/N)
Tool #3 Opstra Define Edge
After the strict margin rules by SEBI, many traders shifted to options trading strategies.
But people face difficulty in understanding the P&L/ probabilities of the options strategies.
In ODE, traders can see all these parameters for FREE!
(4/N)
Tool #4 Amibroker
Amibroker is well-known software in the trading community which is extensively used for backtesting, fine-tuning trading strategies, & algo execution.
It is free for backtesting & fine-tuning strategies. You need a license only to deploy algo systems.
(5/N)
Tool #5 Ninja Trader
It is a powerful trading platform for day traders.
It has many charting, analysis, and backtesting tools, which offer immense help for day traders.
It is completely FREE to use. One has to buy the live data feed to take live trades.
(6/N)
Tool #6 NSE Option Chain
While studying these option strategies, options greeks play a crucial role.
NSE India provides all these options chain details for all indices and stocks listed in India for FREE!
(7/N)
Did you love the FREE Tools?
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If you are serious about Intraday Trading, then please check this book!
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