Struggling intraday traders will spend TIME to save MONEY.
Successful intraday traders will spend MONEY to save TIME.
But this world has many beautiful souls, and they offer their products for free users.
Top-8 FREE TOOLS for Intraday Trading:
Thread 🧵
1 - Tradingview
It is the #1 charting platform in the world.
You can view all charts for free. Besides, you can also use this tool for
- Backtest
- Set alert
- Screening
- Paper Trading
Check this for more details:
profiletraders.in/post/tradingvi…
@tradingview
2 - Chartink
Scanning good stocks for next-day trading is an essential process for day traders.
It contains 1000s of screeners on various criteria.
@ChartinkConnect
chartink.com/screeners
3 - Gocharting
It is the first Indian web-based market profile & order flow charting platform.
Along with charts, one can also see free EOD market profile charts, multiple-charts-in-one window, and options chain details for free
@gocharting
gocharting.com/terminal?ticke…
4 - Opstra Define Edge
Some options strategies are difficult to visualize the P&L.
But Opstra provides a simple interface to know the outcome of your strategy (P&L, probability of success, max loss, max profit, etc.).
Know more
profiletraders.in/post/how-to-te…
5 - Ninja Trader
It is a powerful trading platform for day traders.
It has many charting, analysis, and backtesting tools, which immensely help day traders.
Software is free, but one must buy the data to use it.
6 - NSE Options Chain
For day traders & options traders, option chain data is crucial.
It helps traders check the liquidity, price, Implied Volatility (IV), and Open Interest (OI) details of each specific strike price option.
NSE Options chain - nseindia.com/option-chain
7 - Options Decoder
Options OI details are important to understanding big players' games.
Anyone can see options OI details for free after market hours.
options-decoder.truedata.in/ce-pe-differen…
@truedata1 @TrueData2
8 - Amibroker
Anyone can use amibroker for free for backtesting, historical analysis, optimization, etc.
But one has to buy the license only if they aim to deploy algo trading.
That's a wrap!
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stockmarketcourses.in/s/store/course…
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