eSignal Review – Interactive Data Inc. – 7.71/10
Recommended for those who like great charts, scanning, broker & chart trading integration and an easy to use yet powerful and elegant interface.
Pricing and Software 10/10 – eSignal offer a quality product that is well developed, looks great and has beautiful charts. It will run on your PC, Mac, Tablet or Smartphone. Not only that they have global data coverage for all stock exchanges, very fast data speeds and cover all markets in the review from equities and ETF’s to futures and Forex.
Trade Management 9/10 – Sporting Broker integration with TD Ameritrade, Interactive Brokers and 10 other brokers eSignal has one of the best integrations of any software vendor. You can place trades from charts and the live profit and loss (P&L) analysis is well developed. Another top score for eSignal.
Fundamental Scanning and Screening 8/10 – eSignal allows you to setup real time scanning and screening of the markets with live updating watch lists. eSignal could offer more in the form of scanning for fundamentals however you can list a huge array of fundamentals in your watch list columns.
News 5/10 – News feeds and more importantly real time news feeds are important to traders, eSignal offers a solid news stream which should not let you down. A lack of trader and community chat or market commentary mean eSignal does not score a 10/10 for this section.
Technical Analysis 7/10 – For the hardcore technical analyst eSignal might not offer enough indicators for your liking, but how many is enough. eSignal has 22 indicators it calls “Studies” and they work quite effectively. However for the drawing tools and the indicators full real time alerting is integrated meaning you do not need to miss the action even if you are not looking at the chart.
Stock Systems and Back Testing 7/10 – eSignal has developed a good ecosystem of stock market system developers who can sell you their systems or develop yours for you. However because there is no point and click system development or back testing you will need to pay for the services.
Ease of Use 8/10 – One of the easiest platforms to use, the interface is intuitive and very reactive.